Iraq, IMF discuss maximizing revenue and reducing unnecessary expenses
Iraq, IMF discuss maximizing revenue and reducing unnecessary expenses
3/29/2016 0:00
BAGHDAD – The morning
began yesterday in Amman financial and economic talks between Iraq and the experts of the International Monetary and international financial institutions fund focused on a review of the Fund ‘s staff for economic and financial policies of Iraq ‘s monitoring program.
A statement by the Ministry of Finance received the “morning” that »Finance Minister Hoshyar Zebari headed the Iraqi delegation , which also included Governor of the Central Bank on the Keywords economic Advisor to the Prime Minister the appearance of Mohammed Saleh and representatives from the ministries of oil, planning, electricity and general managers in the Ministry of Finance of the budget, accounting and public debt ».
the statement added that« representatives of the World Bank and representatives of the United States and JICA Japanese international development are involved in talks next UNFPA senior experts », pointing out that» the talks focused on a review monitor the Fund ‘s staff for economic and financial policy program for Iraq and the spending review policies and to maximize revenue and reduce public expenditure is necessary and measures the fiscal deficit ».
the statement noted that” they discussed Iraq , the entry with the Fund in the credit policy arrangements that could enable Iraq to get financial loans from the Fund and financial institutions to support the Iraqi economy, as a result of falling oil prices and the requirements of the confrontation with terrorism Daash and the need for Iraq to economic reforms to achieve a balance between expenditure and income and the fulfillment of the obligations of vital social state. ”
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