Iraqi talks with the IMF and international financial institutions in Oman Fund

admin Last update: Tuesday, March 29, 2016 - 8:32

Began in Amman, on Monday, financial and economic talks between Iraq and the experts of the International Monetary Fund, to review the Fund's staff monitor economic and financial policy program for Iraq and maximizing revenue and reducing public expenditure is necessary.

And chaired the Finance Minister Mr. Hoshyar Zebari, the Iraqi delegation, who is also on the Keywords included the governor of the Central Bank economic adviser to Mr. Prime Minister appearance of Mohammed Saleh, representatives of the Ministry of Oil and planning, electricity and general managers in the Ministry of Finance of the budget, accounting and public debt, while participated in the talks, senior fund experts and representatives of The World Bank and representatives of the United States and JICA Japanese international development.

The discussions focused on the review of the Fund's staff monitor economic and financial policies of Iraq's program to review spending policies and to maximize revenue and reduce the overhead of unnecessary procedures and fiscal deficit.

They also discussed Iraq, the entry with the Fund in Alatmanah policy arrangements that could enable 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 the confrontation with terrorism, "the prices Daash" and the need for Iraq to conduct economic reforms to achieve a balance between expenditure and income and the fulfillment of vital social obligations of the state.