Adjusting financial balancing 2017 according to the recent agreement with the International Monetary

2016/9/18 10:32

{Baghdad: Euphrates news} finance Undersecretary said Fadhil Nabi, Sunday, aloza e adjusting balancing 2017 according to the recent agreement with the IMF and submitted to Cabinet for approval.

He said the Prophet {Euphrates news} today, "Finance Minister Hoshyar Zebari came to a final agreement with the International Monetary Fund on financial shenanigans for annual discussions with him."

He noted that "under the agreement reached between the parties to add amendments to certain paragraphs of balancing 2017 and lifted any Cabinet for approval.

Referred to an Iraqi delegation headed by Hoshyar Zebari and which included representatives of the ministries of planning and Central Bank and oil with IMF experts had participated in periodic consultations between the Government of Iraq and the International Monetary Fund for standby credit program review as the first stage in the Jordanian capital {Oman}.

Where is the review of the draft federal budget law 2017 and agree to calculate the price of a barrel of oil to $ 43 value rather than price 35 proposed in the draft budget and crude oil export card 3.6 million barrels per day.

It was also decided to continue discussions and consultations during the regular annual meetings of the IMF and World Bank in October.

The IMF had earlier made an initial payment of 640 million dollars amounted to Iraq to support the budget, Iraq is scheduled to receive another payment by $ 640 million in the month of November to implement financial and economic reform plans established in the memorandum of economic and financial policies