It was for 15 months cycle originally, with the expiration date of March 2007. However, the Iraqi government requested to extend the expiration date, and the first arrangement actually expired on December 18, 2007. The IMF and Iraq agreed with the amount of $475,360 SDR, which is 40% of the total quota of the Iraqi government. However, Iraq has drawn $0 from that arrangement amount agreed with the IMF. The reason why Iraq faced the arrangement from the IMF was to gain an economic background for the Iraq government's new economic development program for next year, 2006. Iraq's economic program for 2006 comprises putting emphasis on administrations, distributing resources correctly regarding the issues of oil products, and accelerating prices of oil products. The IMF and the Iraqi government decided to improve economic growth to 10% and to reduce the inflation rate to 15%. The latest arrangement was on July 07, 2016 with a 3-year cycle. Its expiration date was July 06, 2019 with the agreed amount of 3,831,000 SDR. Iraq government has drawn 1,494,200 SDR from the agreed amount and has an outstanding amount of 1,437,325 SDR. The Iraqi government tried to settle the economy which as affected by the global decline of oil prices and the ISIS crisis. Most of those arrangements were to stabilize exchange rates and remove restrictions on exchange rates. In addition, to hinder money laundering, terrorism, and illegal economic actions. The latest arrangement faced multiple problems including military actions against ISIS and aids regarding the confliction with ISIS.