The Iraqi delegation holds a meeting with the IMF and the World Bank in Washington

Economy
  • 12-04-2023, 09:20
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    INA-  Baghdad

    The Central Bank of Iraq CBI announced on Wednesday that the Iraqi delegation held a meeting with the IMF and the World Bank in Washington.
     
    A statement by CBI, received by the Iraqi News Agency (INA), said that “the meetings of the Iraqi delegation with the IMF and the World Bank in Washington, began in the presence of the Governor of Iraq in the Fund, the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, and Finance Minister Taif Sami, and the technical delegation accompanying them."
     
    The statement added that "they discussed Iraq's orientation towards holding a (non-financial) program that includes the Fund's provision of technical and advisory support for economic reform adopted by the Iraqi government in achieving financial and monetary stability."
     
    it pointed out that "it was agreed to prepare a draft agreement on the program and start implementing it in the coming days."
     
    Al-Alaq called on the Fund to "provide support to the Central Bank of Iraq in its measures to achieve the stability of the exchange rate in accordance with international practices, and Iraq's agreement with the International Monetary Fund, which was ratified by the Iraqi parliament in 2008."