Iraq will seek up to $500 million in loans from the Jeddah-based Islamic Development Bank (IDB) to help cover its projected deficit and complement the country’s return to the international debt market. Baghdad is aiming to raise $6 billion in a series of dollar-denominated bonds, Iraq’s first in nine years, to fund salaries and infrastructure … Continue reading EconSource: Iraq to Seek Up to $500 Million in Loans from Islamic Development Bank