Iraq talks with IMF financial crisis

Hold an Iraqi delegation led by Finance Minister Hoshyar Zebari with senior officials and experts of the International Monetary Fund talks to study the country's economic and financial situations and ways to support the Fund for Iraq.

He said the Finance Ministry statement, received the "new morning", that "financial and technical talks between a Government delegation of representatives of the ministries of finance and oil, planning and the Central Bank with senior officials and experts of the International Monetary Fund IMF conducted in Oman, Jordan, to study the country's financial and economic situation and ways to support the Fund for Iraq.

Financial Minister Hoshyar Zebari and the Governor of the Central Bank on the relationship between financial and economic advisor to Prime Minister Mohammad Saleh appearance of budget and accounting services managers and public debt and the representatives of the Ministry of planning and Central Bank in these talks.

Consultations to reach a memorandum of understanding Art Fund monitoring program for strengthening public financial management and strengthen cash management and provide stability to the financial sector in the country, and that these consultations will continue for several days.

The International Monetary Fund last month urgent assistance to Iraq worth 1.2 billion dollars to cope with the economic fallout resulting from the terrorist attacks by gangs daash deterioration of oil prices.

The IMF said in a statement that the loan will be repaid immediately would "assist Iraq in the face of this dual shock" suffered by Iraqi State budget and reducing cash reserves.

He said one of the Assistant Directors of IDA mtsohiro forosawa in the statement that "dual shock attack daash and deterioration of global oil prices has exacerbated the inability of the State and caused a reduction of international reserves".

The Fund confirmed that this assistance will allow Iraq confront "pressing needs" financing for the country.

The Fund has already granted Iraq in 2010 credit error worth 3.5 billion dollars ended up in the beginning of 2013. D8%AD%D8%AB_%D9%85%D8%B9_%D8%B5%D9%86%D8%AF%D9%88% D9%82_%D8%A7%D9%84%D9%86%D9%82%D8%AF_%D8%A7%D9%84% D8%AF%D9%88%D9%84%D9%8A_%D8%A7%D9%84%D8%A7%D8%B2%D 9%85%D8%A9_%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8 %A9-ZAWYA20151109065500/