IMF: Iraq has made good progress in economic reforms

2016-10-13 03:03:18 | (Voice of Iraq) - Baghdad

IMF praised progress made by Iraq in implementing economic reforms.

The IMF said in a statement that Iraq "has made good progress in its efforts to implement economic reforms."

The statement emphasized that the Fund will be considered in the first review of stand- by arrangements with Iraq and of a duration of 36 months a total value of 34.5 billion US dollars which is likely to be in November or December next.

The Fund has agreed to such arrangements for the first time last July.