International Monetary showing satisfaction of Iraq's efforts to meet the credit requirements of the program
22.01.2017
18:44

Long - Presse / Baghdad
showed the International Monetary Fund, on Sunday, satisfaction of Iraq 's efforts in the field ready to meet the credit requirements of the program, while functioning in accordance with the confirmed timings indicated by the program.

A statement from the Ministry of Finance received (range Press), a copy of it, that " the Iraqi side, held a program to prepare the credit meetings with the International Monetary Fund for the period from 15-19 / 1/2017 in the city of Baku , capital of Azerbaijan, in order to prepare for the meetings of the second review of the program to be held in March next month , "noting that" the meeting was attended by Deputy Finance Minister Fadhil Nabi Othman, and Governor of the Central Bank of Iraq and the head of the Federal Office of financial supervision and financial adviser to Mr. Prime Minister and experts in finance, planning and oil ministries and the Central Bank of Iraq and the Kurdistan region. "

The statement added, " The meeting discussed the level of implementation of the general budget for 2016, as well as discuss the extent to which the general budget for 2017 with the Stand -By program funding mechanisms budget deficit in 2017".

He was head of the IMF mission , "satisfaction with the efforts made by the Ministry of Finance and the Central Bank of Iraq and other ministries in the area to meet the requirements of the program," adding "it is going according to timings marked in the program," according to the statement.
It is noteworthy that the Ministry of Finance, has been successfully completed, the first revision in the month of January 2016 and, accordingly, was launched the second tranche of $ 633 million and is expected to release the third tranche after the third revision of the program successfully accomplished in next April.
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