A government delegation discusses with the International Monetary Fund ways to strengthen the Iraqi dinar.
A government delegation discusses with the International Monetary Fund ways to strengthen the Iraqi dinar.
2025-03-14 | 06:34
SumerianNews – Economy
The Iraqi delegation concluded its meetings with fund International Monetary Fund, with the participation of Finance Minister Taif Sami and the Governor Central Bank of Iraq Ali Al-Alaq in Amman
And she mentioned Ministry of Finance In a statement received by Sumaria News, “The meetings focused during the discussions on Iraq’s economic performance and prospects for sustainable growth, where he praised…fund International Monetary Fund “With the progress made.”
He continued, “The meeting also discussed non-oil GDP growth of 5% in 2024, driven by the expansion of the agricultural sector and increased public spending, with a projected growth of 3.5% in 2025,” noting the “effort to reduce dependence on oil revenues, which enhances economic diversification and stability.”
He pointed to “a review of actual spending for 2024 and revenue forecasts for 2025, along with deficit financing strategies, as well as updating the public debt strategy to ensure financial sustainability and enhance investor confidence in government bonds.”
The meeting also touched on “reforms in the financial sector, where it emphasized fund International Monetary Fund
He stressed the importance of modernizing the banking system to attract foreign capital, stressing the need to expand cooperation with international correspondent banks to facilitate trade financing. fund The International Monetary Fund, “its support for developing Iraq’s fiscal policy, proposing the provision of advisors and experts to assist Ministry of Finance In managing public debt and improving the tax system, in addition to increasing the use of the Iraqi dinar in major transactions to strengthen the national currency.
The meetings reflected “the commitment Iraq Through financial reforms, enhancing economic stability, and adopting investment-friendly policies, in line with its strategic partnership with fund International Monetary Fund.
alsumaria.tv
