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IMF approves $685 million loan for Iraq

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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-24-05 03:21 PM
Original message
IMF approves $685 million loan for Iraq
http://www.businessweek.com/ap/financialnews/D8EM4DQ80.htm?campaign_id=apn_home_down&chan=db

The International Monetary Fund on Friday approved a new $685 million loan for Iraq, giving the country a critical endorsement of its economic performance.

Article has more...
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Tierra_y_Libertad Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-24-05 03:24 PM
Response to Original message
1. Hell, we're spending $174 million per day to blow it up.
Who says 'Murkins aren't generous?
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napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-24-05 03:24 PM
Response to Original message
2. I heard that this AM. What's Iraq going to do with it?
I thought WE were paying for all the rebuilding there.
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HysteryDiagnosis Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-24-05 03:32 PM
Response to Reply #2
3. Sright..... and all the unbuilding too. nt.
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Quakerfriend Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-24-05 03:34 PM
Response to Original message
4. Here in lies the corruption of the IMF
giving the $ to Iraq so that US contractors can take it.
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-24-05 04:25 PM
Response to Original message
5. That Should Last About 3 Days
Those boys know how to steal money in Iraq. We trained them.
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LaurenG Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-24-05 04:28 PM
Response to Original message
6. With the amount of oil they have I don't understand why they
need a loan. Is this like getting a credit card so you can establish credit worthiness?
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pfitz59 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Dec-24-05 05:53 PM
Response to Original message
7. Straight to Chalabi........
thence to Bushies offshore accounts! When the money disappears, and Iraq defaults, who'll be holding the bag? The US taxpayers! US!
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