International Monetary Fund: IMF mission has made good progress on Iraq’s 2018 budget

International Monetary Fund: IMF mission has made good progress on Iraq’s 2018 budget

Wed, 22 Nov 2017 08:11:24

International Monetary Fund - IMF mission has made good progress on Iraqs 2018 budgetOn Wednesday, the International Monetary Fund (IMF) reported good progress in reaching agreement on Iraq’s draft budget for 2018 in line with the IMF program.

He explained that the Iraqi authorities and staff of the Fund, in Amman from 17 to 21 November 2017, continued discussions on the third review of the credit readiness agreements for 36 months.

The IMF, announced early August, that the economic policies implemented by the Iraqi authorities appropriate, to deal with the shocks facing Iraq – armed conflict with the repercussions of the humanitarian crisis and the collapse of oil prices.

The head of the IMF’s Iraq mission, Christian Goose, said the Iraqi authorities and IMF staff were continuing to discuss credit arrangements and to make progress with the agency.

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