IMF: Iraq is making good progress to complete the Stand-By Agreement
IMF: Iraq is making good progress to complete the Stand-By Agreement
10/13/2016 10:17
[Oan- Baghdad]
IMF mission announced in Baghdad that Alarachakq good progress towards the completion of the first review of the standby credit agreement.
A statement by the Central Bank of Iraq received by all of Iraq [where] a copy of it, all made Christian nut, head of the IMF mission to Iraq, saying ” the Iraqi authorities continued their discussions with the IMF experts in Washington , DC, during the period October October first 6-10 this on the first revision of the agreement to prepare the credit amounting duration of 36 months, which was approved by the IMF Executive Board on July 7, 2016. ”
he added coconut” Iraqi authorities have made good progress towards the completion of the first review of the agreement to prepare the credit. ”
and that , ” Once you provide the additional information required and the implementation of the prior actions agreed, the Executive Board will consider the first review of the agreement to prepare the credit, which is likely to take place in November or December December first. ”
He pointed to” the meeting during the discussions with the Governor of the Central Bank of Iraq by proxy Ali Mohsen Keywords, and Undersecretary of the Ministry of Finance Fadel Prophet, financial Adviser to the Prime Minister the appearance of Mohammed Saleh, and a group of officials from the Ministry of Finance and the Central Bank of Iraq and a representative of the Kurdistan Regional Government , “pointing out that” the Fund ‘s team would like to thank the Iraqi authorities on the good cooperation and discussions frank and fruitful. ”
alliraqnews.com