Iraq to get loan from IMF

BAGHDAD / IraqiNews.com: Negotiations will be carried out next week in Amman – Jordan between the Central Bank of Iraq (CBI) and the International Monetary Fund (IMF), an advisor from the IMF said Monday. The two sides will meet as part of the preparations to sign an agreement that grants Iraq a loan of around 1% interest. “The negotiations will start on Monday Sept. 29, 2009,” Modhihir Mohammed Salih told Iraqi News. He said that the low-interest loan aims at activating the Iraqi economy. “The loan has a condition that the Iraqi economy should be reformed,” Salih said. MH (P) /SS 2