Iraq announces the agreement with the International Monetary Fund and the World Bank to support economic reform
Iraq announces the agreement with the International Monetary Fund and the World Bank to support economic reform
2023-04-12 23:02
Shafaq News / Iraq announced, on Wednesday, an agreement with the International Monetary Fund and the World Bank to hold a “non-financial” program that includes providing technical and advisory support for the economic reform adopted by the Iraqi government in achieving financial and monetary stability.
This came during the meeting of the Iraqi delegation with the International Monetary Fund and the World Bank, in the presence of the Governor of the Central Bank of Iraq, Ali Al-Alaq, the Minister of Finance, Taif Sami, and the technical delegation accompanying them, in the American capital, Washington, according to a statement received by Shafaq News agency.
Al-Alaq called on the Fund to “provide support to the Central Bank of Iraq in its procedures to achieve stability in the exchange rate in accordance with international practices, and the Iraq agreement with the International Monetary Fund, which was ratified by the Iraqi Parliament in 2008.”
Earlier in the day, the US Treasury Department showed “great flexibility and willingness” to help the Central Bank of Iraq achieve stability in the exchange rate of the dollar against the dinar.
shafaq.com
