Finance Minister Meets Economic Department at the State Director




Since 04.17.2016 at 10:10 (Baghdad time)

BAGHDAD – balances News

Finance ministry announced on Sunday that its minister Zebari met with the Director of the Economic Department at the Foreign Alammerakihokzlk held a meeting with Director of the Economic Department at the US State Department and Assistant Director of JP Morgan Financial Group and the credit rating agencies and discussed with them the economic conditions experienced by Iraq.

The ministry said in a statement received / balances News / Nshh of “The Finance Minister Hoshyar Zebari and his accompanying delegation met with Lisa Ciobsk, Director of the Economic Department at the State Department,” indicating that “During the meeting, they discussed the economic and financial conditions through which Iraq and the possibilities for strengthening US support in order to overcome the current financial crisis, which is going through. ”

The statement added that “Zebari stressed the importance of getting the support of friends through the circle of consultations now between Iraq and the International Monetary Fund for a standby credit arrangement, because of the positive effects on Iraq sought to obtain international support and support for financial markets, as well as Iraq for support financial Fund, which help him to bridge the budget deficit. ”

The statement noted that “At the spring meetings of the Fund sidelines and the World Bank met with Zebari Cleary Kutlb law firm’s office and in charge of following up Iraq’s financial and legal issues,” she said, “it was reviewed the latest developments related to the capital markets and follow the positions of creditor countries of Iraq outside the framework of the Paris Club agreement and how it is processed under conditions the current fiscal. ”

On the sidelines of the visit, according to the statement, “Zebari met with Dan Zeljko Assistant Director of JP Morgan Financial Group and discussed appropriate ways to enter the capital markets and obtain financial support under the current international financial situation.”

And also “met with the credit rating agencies to identify opportunities to improve the classification Alaiitmana obtained by Iraq during the past year,” noting it was the first time in the history of Iraq, who gets it on a credit rating from international agencies enjoy a high reputation in international markets. “Ended 29/42 g



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