The International Monetary Fund announces the final touches on the Iraqi economy
The International Monetary Fund announces the final touches on the Iraqi economy monitoring program
2015 16 12
With the growing economic difficulties facing Iraq, on the back of sharp decline in oil prices, as well as the arrival of international borrowing Iraqi proportions of donor countries to the high number, the International Monetary Fund announced that he put the finishing touches on a deal to monitor, evaluate and manage the Iraqi economy.
According to the news agency quoted News "Irak News" economic, the Middle East director of the International Monetary Fund office, "Masood Ahmed" was announced during a statement launched by the Dubai Economic Conference, that the Fund had finished putting the final touches on the program will be applied to the economy Iraqi, through a deal will be signed during the next few days, and allow the Fund to monitor the Iraqi economy and follow the procedures economically active taken by the Iraqi government, stressing, that the program is designed to cut off expenses and reducing winning the fiscal deficit in Iraq next year's budget, where it will be applied to them, as far as Massoud expression.
Massoud also stressed, that Imad program will be based on evaluation of the approaches taken by the Iraqi Finance Authority to address the financial crisis, and that will lead in the end to create a new integrated program to deal with the Iraqi economy based on the obtained data that, pointing out that Iraq had agreed Earlier in the agreement that allows the IMF to monitor Iraq's economy and financial policies Baghdad as he put it.