IMF: Iraq is making good progress to complete the Stand-By Agreement
10/13/2016
10:17
[Oan- Baghdad]
IMF mission announced in Baghdad that Alarachakq good progress towards the completion of the first review of the standby credit agreement .
A statement by the Central Bank of Iraq received by all of Iraq [where] a copy of it, all made Christian nut, head of the IMF mission to Iraq, saying the Iraqi authorities continued their discussions with the IMF experts in Washington , DC, during the period October October first 6-10 this on the first revision of the agreement to prepare the credit amounting duration of 36 months , which was approved by the IMF Executive Board on July 7, 2016 . "
he added coconut" Iraqi authorities have made good progress towards the completion of the first review of the agreement to prepare the credit . "
and that , " Once you provide the additional information required and the implementation of the prior actions agreed , the Executive Board will consider the first review of the agreement to prepare the credit , which is likely to take place in November or December December first . "
He pointed to" the meeting during the discussions with the Governor of the Central Bank of Iraq by proxy Ali Mohsen Keywords , and Undersecretary of the Ministry of Finance Fadel Prophet , financial Adviser to the Prime Minister the appearance of Mohammed Saleh , and a group of officials from the Ministry of Finance and the Central Bank of Iraq and a representative of the Kurdistan Regional Government , "pointing out that" the Fund 's team would like to thank the Iraqi authorities on the good cooperation and discussions frank and fruitful . " http://www.alliraqnews.com/modules/news/article.php?storyid=50374