Iraq with UN take advantage IMF monitoring strengthen public finance management 11-23

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Looking Iraq with the United Nations how to take advantage of IMF experts monitoring program to strengthen public financial management
November 23, 2015


Discuss Iraq, with the United Nations how to take advantage of IMF experts monitoring program (Staff-Monitored Program) to strengthen public financial management.

The Finance Ministry said in a statement, "The Finance Minister Hoshyar Zebari met, today, representative of the Secretary General of the United Nations in Iraq, Jan Kubiš and discussed relations between the two parties and the political and economic situation in the country."

The ministry said in its statement that "the meeting saw a review of the consultations and meetings held by the government delegation with the International Monetary Fund in Amman recently, and how to take advantage of the Fund's surveillance program (SMP) to strengthen public financial management and strengthen cash management and provide the stability of the financial sector in the country."

She explained that the two sides discussed "issues of common interest and the efforts by the United Nations efforts to help Iraq after the liberation operations of the areas occupied by the Daash terrorist organization, as well as the humanitarian situation of the displaced people in the country and to provide assistance in the reconstruction of those areas."

It is noteworthy that Iraq agreed, in (November 11, 2015), with the International Monetary Fund to monitor the latest financial and economic policies in the country, with the Iraqi side confirmed that the agreement was not aimed at exposure to government financial obligations over the salaries of employees and retirees.



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