URGENT International Monetary Fund: Success of Iraq’s Credit Preparedness Consultations


Date of release: 2017/8/2 1319

The International Monetary Fund (IMF) announced the success of the second review consultations on the credit readiness agreement, congratulating and congratulating the role of the Central Bank of Iraq, the Ministry of Finance and the Prime Minister’s Office in the success of the consultations.

“In a letter sent by the International Monetary Fund, congratulated the Central Bank of Iraq, the Ministry of Finance and the Prime Minister’s Office on the success of the second audit consultation on the Credit Standby Agreement, which came after Implement the programs and financial and monetary targets and put them in a framework that provides for the financial stability of Iraq and meet the financial and security challenges. ” 

He pointed out that “the program includes a set of reforms and goals have been committed to the benefit of Iraq, the latest budget supplemented by the House of Representatives in record time, which showed the keenness of the legislative and executive authorities on the plan and programs of reform. 

Jabbar pointed out that “the decision of the Board of the International Monetary Fund to ratify the report of the Fund team, which included the fulfillment of the Central Bank and the Ministry of Finance and other parties to achieve the objectives and plans contained in the agreement will give an important signal waiting for international institutions and major countries to provide funding and facilities to support the financial situation in Iraq through support Financing the general budget of the state and various projects as well as pave the statement of the International Monetary Fund to the third audit, which will begin in September next to continue the program and the implications of Iraq’s external support. ”

http://alforatnews.com/modules/news/article.php?storyid=147520

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