Iraq to Get Help from IMF, World Bank and the EU; Turkey's Fears the Worst With New Admin

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Published at : 26 Jan 2021
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World Bank, IMF, and Organizations Step Up to Help Iraq Financially; Tax Savings and Tax Tips: https://TaxesWilltravel.com

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........... VIDEO NEWS LINKS
https://www.bloomberg.com/news/articles/2021-01-24/cash-strapped-iraq-in-talks-with-imf-on-6-billion-loan-package?srnd=markets-vp

https://www.finchannel.com/business/banksandservices/79981-world-bank-and-eu-to-help-iraq-strengthen-public-financial-management-oversight-accountability

https://www.middleeastmonitor.com/20210122-iraq-parliament-refers-corruption-files-to-judiciary/

https://www.yenisafak.com/en/news/turkish-jets-neutralize-4-pkk-terrorists-in-niraq-3559265

https://www.arabnews.com/node/1797746

.......... VIDEO CONTENT MIDDLE EAST IRAQ TURKEY
Cash-Strapped Iraq in Talks With IMF on $6 Billion Loan Package
Iraq is OPEC’s second-largest producer forecasts a 2021 budget deficit of 71 trillion dinars ($49 billion). Once the spending plan is approved by parliament, Iraq can apply for $2 billion in quick financing from a special IMF mechanism set up to help Covid-battered economies,
Cash-Strapped Iraq in Talks With IMF on $6 Billion Loan Package - Bloomberg

The FINANCIAL - World Bank and EU to Help Iraq Strengthen Public Financial Management Oversight & Accountability (finchannel.com)

The head of the Parliamentary Investigative Committee in Iraq said on last Wednesday that it has referred 46 corruption files related to the electricity sector to the Court of Integrity. What tThis means is Iraq is getting series about corruption and public officials padding their pockets. This type of news is in direct effect with the float of the Iraqi Dinar currency. Downsizing corruption is a major part of getting ready for a change in the currency.
Iraq: parliament refers corruption files to the judiciary – Middle East Monitor


Here is additional news that shows that Turkey is still acting out in Northern Iraq.
Turkish jets neutralize 4 PKK terrorists in N.Iraq (yenisafak.com)


Turkey fears the worst as President Elect’s team takes charge
During his Senate Foreign Relations Committee confirmation hearing, the Secretary of State nominee said that, after assessing the impact of the existing sanctions on Turkey, Washington has to determine whether more pressure is needed.
Turkey fears the worst as Biden team takes charge | Arab News
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