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Iraq plans US$2b eurobond sale to plug 2018 budget deficit
Published Sun, Nov 26, 2017 · 09:50 PM
Abu Dhabi
IRAQ plans to return to the global bond markets next year to raise US$2 billion to finance its budget deficit, central bank governor Ali Al-Allaq said on Sunday, as the oil-rich country capitalises on the backing of the International Monetary Fund (IMF) and a gradual return to stability.
Iraq, Opec's second-biggest producer, will also raise funds through local and foreign loans, Mr Al-Allaq said in an interview in Abu Dha…
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