Iraq will benefit from IMF monitoring programme to strengthen financial management
Iraq will benefit from IMF monitoring programme to strengthen financial management By: wab1
Date: Tuesday, 24-11-15 12:58 am
/Baghdad/Baghdad newsletter The Finance Ministry said in a statement that "Finance Minister Hoshyar Zebari met,
On Monday, representative of the Secretary-General of the United Nations in Iraq Jan Kubiš and discussed relations between the two parties and political and economic conditions in the country. " The Ministry said in a statement that the meeting saw the review consultations and interviews conducted by the Government with the International Monetary Fund in Oman recently and how to benefit from fund monitoring program (SMP) to strengthen public financial management and strengthen cash management and provide stability to the financial sector in the country. "
The two sides discussed "issues of common concern and efforts of the United Nations to help Iraq after edits to the areas occupied by organizing terrorist daash, as well as the humanitarian situation of the displaced in the country and assist in the reconstruction of those areas". Iraq reportedly agreed on 11 November with the International Monetary Fund to monitor the latest financial and economic policies of the country, while the Iraqi side stressed that the agreement is not intended to finance governmental obligations towards staff salaries and retirees.