BAGHDAD: Iraq will use the proceeds of an international bond issue to fund salaries as well as infrastructure projects in the oil and gas, electricity and transportation sectors, according to a prospectus seen by Reuters on Wednesday.
Baghdad wants to raise up to $6 billion in a series of US dollar bond sales, though the first issue is expected to be small. The government will start a week-long roadshow on Thursday in Europe and the US.
The Canadian Department of Foreign Affairs, Trade and Development (DFATD) has contributed CAD 20 million ($15 million) in support of...
The International Energy Agency (IEA) has warned that Iraq is a “potentially vulnerable” energy supplier. In its Oil Market Report,...
The Trump administration has reportedly threatened to block Iraq’s access to its funds in the Federal Reserve Bank of New...
Iraq has paid back more than $20 billion in foreign debt, the head of the parliamentary finance committee Haitham Al-Jubouri...
