The conclusion of the Iraq talks with the International Monetary Fund in Amman



Views 54 Date 09/11/2016 - 19:43

Economy News / Baghdad ...


Ministry of Finance announced, Sunday, for the conclusion of the Iraq talks with the International Monetary Fund to review the implementation of the standby credit program in the Jordanian capital, Amman, while confirming its intention to continue the discussions and consultations through regular annual meetings of the IMF and World Bank in October next in Washington.

The ministry said in a statement: "Economy News" received a copy of it, "concluded today in the Jordanian capital, Amman, periodic consultations between Iraq and the International Monetary Fund to review the implementation of the standby credit program as a first stage," indicating that "During the talks, which participated Finance Minister Hoshyar Zebari, a daily review Iraq's obligations and what the government has achieved from prior procedures and standards for the economy and structural performance criteria and indicative targets. "

He added that it "has achieved good progress in many of the fiscal and monetary areas and in the areas of transparency and control and the provision of financial statements and rationalize costs and increase some of the non-oil resources", pointing out that it "has also been reviewing the draft federal budget law for 2017 was agreed at the expense of the price of a barrel of oil 43 instead of $ 35 of the price proposed in the draft budget and card export crude oil, 3.6 million barrels per day. "

Ministry said it "decided to continue discussions and consultations through regular annual meetings of the IMF and the World Bank in October 2016 in Washington," noting that "the talks attended by the Minister of Finance and the Governor of the Central Bank and Financial Advisor to the Prime Minister and the head of the agency and the Ambassador of Iraq Financial Supervision in the Hashemite Kingdom of Jordan and senior officials from the finance, planning and oil ministries and the central bank. "

The Ministry of Finance announced on Friday for the arrival of its minister, Hoshyar Zebari, to the Jordanian capital, Amman, to complete the international consultations between the Iraqi government and representatives of the International Monetary Fund IMF.


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