Finance Minister Hoshyar Zebari, with a number of global banks – JP Morgan and City Bank – and Deutsche Bank – a second day of negotiations in Istanbul to find the financial resources to cover the deficit in the 2015 budget.

And accept Zebari during the meeting onMonday, 15/06/2015, the performance of the Iraqi economy lost in the current circumstances and the role of the federal budget for this year in cost control and enhance the resources and technical delegation presented its observations to the queries raised by the representatives of the three banks and relating to activities in all economic sectors.

And government and ministerial delegation was to Istanbul arrived on the evening of June 14, 2015, to discuss the final stages in the process of issuing sovereign government bonds in the global financial market.

The delegation included Finance Minister Hoshyar Zebari and Oil Minister Adel Abdul Mahdi and Planning Minister Salman Jumaili and Governor of the Central Bank on the Keywords and Adviser to the Prime Minister for Economic Affairs, Dr. appearance of Mohammed Saleh and senior advisers and experts participating ministries and the central bank.

It is scheduled to meet with the delegation also my company classification and Alloitman Modiner International Tribunals in order to identify and Fitch credit rating of Iraq in market  Global money.

This was the budget law for 2015 has authorized the government to issue sovereign government bonds by seven trillion dinars to cover the fiscal deficit in the budget.

PUKmedia Istanbul