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IMF Reaffirms Iraq Commitment After Zebari Loses Confidence Vote

Hoshyar Zebari

Hoshyar Zebari

Photographer: Ahmad al-Rubaye/AFP via Getty Images
Updated on

The International Monetary Fund said it remains committed to working with Iraq on implementing a $5.34 billion loan, after Finance Minister Hoshyar Zebari lost a vote of confidence in a secret parliamentary ballot.

A total of 158 lawmakers voted against Zebari in Baghdad on Wednesday, and 77 supported him while 14 abstained, deputy speaker Humam Hamoudi said in an e-mail. Zebari, who has denied all allegations of squandering public money, can appeal the vote but for the time being cannot carry out his duties.