Zebari up to Oman for the completion of Iraq's talks with the International Monetary
Zebari up to Oman for the completion of Iraq's talks with the International Monetary Fund
Twilight News / arrived Finance Minister Hoshyar Zebari on Thursday evening to the Jordanian capital of Amman to complete the international consultations between the government and representatives of the International Monetary Fund.
And it took place during the last period technical talks between a government delegation from the Ministry of Finance and Ministry of Planning and the Ministry of Oil and the Central Bank with the International Monetary Fund experts to review Iraq's obligations under Stand-By program SBA with the Fund.
The Fund provides under this program over a three-year revolving credit facility by $ 4.5 billion to Iraq to fill the financial gap and the budget deficit as a result of the financial and economic crisis in the country, according to a statement of financial Lord of Twilight News. As a result of the commitment of Iraq's Fund program to improve public financial policy and rationalization of expenditures and increase non-oil revenues, transparency and the fight against corruption, money laundering and legislation illegal financial management and the central bank's performance, the total amounts to be provided by the program to Iraq within three years from the IMF and the World Bank and the donor countries and international financial institutions is about ( 18) billion dollars to support the economy and financial Iraq. UNFPA provided in July financial paid previews of Iraq amounted to round about $ 640 million to support the budget, it is due to Iraq received another batch and by $ 640 million in the month of November 2016 the implementation of fiscal and economic reform plans established in the financial and economic policy memorandum. Participants in the talks Governor of the Central Bank and Financial Advisor to the Prime Minister and a number of general managers and experts in the Ministry of Finance and Planning and the Central Bank.