View Full Version : Latest on Iraq Loan with the IMF
03-15-2010, 12:37 PM
Here is the link to the IMF table that shows Iraq has indeed taken some of the money from the loan. I hope I am reading this right. IMO this is good news.
03-15-2010, 12:42 PM
Nice! I think so too.
03-15-2010, 02:50 PM
Yes, to me it looks like they have taken 297 million? Is that what it looks like to you?
03-15-2010, 06:46 PM
The withdrawal is $297 million SDR's which at an average exchange rate of 1 SDR = $1.53 USD is equivalent to $454+ million USD.
03-15-2010, 07:42 PM
Thanks inmarc even better
03-15-2010, 11:21 PM
So the first actual advance under the Feb 24 loan agreement did not happen till the week of March 4.
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