Iraq meets with the International Monetary Fund in Amman

Views 16 Last updated 03/28/2016 23:08
Economy News / Baghdad

Currently taking place in Amman talks between Iraq and the International Monetary Fund to maximize revenue and reduce public spending.

A statement by the Ministry of Finance received "Economy News", a copy of the financial and economic talks between Iraq and the International Monetary Fund began on Sunday in Amman and chaired by Finance Minister Hoshyar Zebari , the Iraqi delegation , which included Central Bank Governor Ali Mohsen Keywords Economic Advisor to the Prime Minister the appearance of Mohammed Saleh and representatives of the Ministry of oil and planning, electricity and general managers in the Ministry of Finance of the budget, accounting and public debt, and take part in the talks alongside senior IMF staff representatives from the World Bank and representatives of the United States and JICA Japanese international development.

He added that the talks focused on a review of the Fund 's staff monitor the economic and financial policies of Iraq 's program to review spending policies and to maximize revenue and reduce overhead unnecessary procedures and fiscal deficit.

He pointed out that the two sides discussed Iraq , the entry with the Fund in Alotmanah policy arrangements [SBA ] Which entitles Iraq to get financial loans from the Fund and financial institutions to support the Iraqi economy, as a result of declining costs and requirements of confrontation prices , with Daash and Iraq 's need for economic reforms to achieve a balance between expenditure and income and the fulfillment of the obligations of vital social state terrorism.