Posts Tagged ‘IMF’

Iraq participates in the annual spring meetings of the International Monetary Fund

Iraq participates in the annual spring meetings of the International Monetary Fund

4/19/2015 0:00

Baghdad morning
Iraq participated in the annual meeting of the spring international meetings with the International Monetary Fund in Washington, and, like Iraq in the meeting, Finance Minister Hoshyar Zebari, and Central Bank Governor Dr. Ali Keywords at the annual meetings.
According to a statement issued by the Information Office of Finance Minister Hoshyar Zebari received “morning” a copy of it, “said the Iraqi delegation held a series of working meetings with the World Bank team Read more…

Abadi looking with Lagarde support Iraq’s economy

Abadi looking with Lagarde support Iraq’s economy

04/16/2015 17:04:00

Received Dr. Haider al-Abadi, the prime minister on Thursday, at his residence Christine Lagarde Director General of the International Monetary Fund IMF and her accompanying delegation.
The meeting was attended by Finance Minister Hoshyar Zebari, and the Governor of the Central Bank and a number of advisors prime minister, was reviewed during the meeting of Iraq’s relations with the International Monetary Fund Read more…

Adoption of the IMF and the World Bank strongly Asian Investment Bank

Adoption of the IMF and the World Bank strongly Asian Investment Bank

11-04-2015 11:22 AM

Free –
Welcomed the Bank and the IMF two international dominated by the United States, the establishment of the Asian investment bank, led by China, in a move described by observers as the adoption of the unbridled force of the new bank, which plans to start its activities by the end of this year.
Washington fears that the Asian new bank turns into a strong competitor threatens the hegemony the global financial system, but Read more…

The International Monetary Fund is likely to lower growth in the world

The International Monetary Fund is likely to lower growth in the world

Wednesday, April 8, 2015 9:47

BAGHDAD / follow Baghdadi News / … IMF announced in a study about the probability of receiving global growth after a big blow 2007-2009 financial crisis, where it likely to stay low for years, what predicts that interest rates will remain low for quite some time.
The study, published on Tuesday evening, and pursued / Baghdadi News / “The potential growth measures the speed that can grow the economy with time without being inhibited by inflationary Read more…

Zebari: Iraq is not bankrupt and did not ask for IMF help

Zebari: Iraq is not bankrupt and did not ask for IMF help

4.7.2015 7:44 p.m.

Long-Presse / Baghdad
Finance Minister Hoshyar Zebari, said on Tuesday that Iraq “is not bankrupt,” but suffers from “severe problem” in the provision of liquidity, and as pointed out that Iraq will discuss the financial situation with the International Monetary Fund, denied that Iraq has taken a decision to request urgent help from the International Monetary Fund.
Zebari said, in his remarks on the sidelines of the annual joint meeting of Arab financial institutions held in Kuwait, and I followed the (long-Presse), said that “Iraq will Read more…

Analysis: When the dollar loses its dominance in the international monetary system?

Analysis: When the dollar loses its dominance in the international monetary system?

Posted, 23/03/2015

Away from the limelight hedge many countries in gold on the dollar account. The BRICs are trying to establish institutions to break the monopoly of the IMF and the World Bank controlled by the West. Does this mean that the dollar’s dominance on the international monetary system has become a matter of time?
The US currency Read more…

IMF expects a “significant increase” in the 2015 budget deficit and propose “drastic measures” to reduce it

IMF expects a “significant increase” in the 2015 budget deficit and propose “drastic measures” to reduce it

3.21.2015 one four a.m.

Long-Presse / Baghdad
International Monetary Fund forecast, on Friday, the high proportion of the deficit in the budget of 2015 to more than the 12 percent announced by the government, to “significantly higher levels”, due to lower oil prices, and the weakness of the possibility of Iraq’s commitment to export 3.3 million barrels per day, and assume the budget, Proposed implementation of reform measures include strict Read more…

IMF urges Iraq to impose internal taxes to cover the budget deficit

IMF urges Iraq to impose internal taxes to cover the budget deficit

SUNDAY, MARCH 15 / MARCH 2015 14:22

Twilight News / International Monetary Fund urged the Iraqi government to impose internal taxes to fill to cover the deficit in the country’s financial budget for the current year instead of relying on funding from the banks and the Central Bank of Iraq.

A statement of the Iraqi Ministry of Finance reported for “Twilight News”, the meeting was held between Iraq and the International Monetary Fund within Read more…

Parliamentary economy stresses: Iraq is not bankrupt

Parliamentary economy stresses: Iraq is not bankrupt

01/03/2015 09:54 GMT

Follow-up – and babysit – The Commission on Economy and Investment parliamentary member Nora Salem, on Sunday that Iraq is not financially bankrupt, and that the government could borrow internally and externally to face financial distress.
Salem said that “the decline in the sale of oil prices certainly have had significant negative repercussions on the financial and economic situation of the country, but this does not mean that Iraq is bankrupt and can Read more…

Opportunity to raise the value of the dinar

Opportunity to raise the value of the dinar

1/25/2015 0:00

BAGHDAD – Mostafa Hashemi
economists and experts describe the Iraqi monetary policy as good as maintained the stability of the exchange rate under difficult economic conditions and slow march towards progress the country witnessed in previous years, despite Iraq’s possession of the elements of the economic boom in all productive sectors.
In this context, saw economic researcher Read more…

The International Monetary Fund lowered its forecast for global economic growth

The International Monetary Fund lowered its forecast for global economic growth

01/20/2015 06:56 GMT

Agencies – International Monetary Fund cut its forecast on Tuesday for global economic growth for 2015 and called on governments and central banks to pursue policies to facilitate monetary and structural reforms to support growth.
The IMF said in its latest World Economic Outlook that global growth is expected to reach 3.5 percent in 2015 and 3.7 percent in 2016, down 0.3 percentage point from the previous two years, both of which Read more…

IMF: 2% decrease in Iraq’s budget in 2015 of GDP

IMF: 2% decrease in Iraq’s budget in 2015 of GDP

December 31, 2014 14:52

(Independent) … sent IMF mission held discussions with Mr. Hoshyar Zebari, Minister of Finance of Iraq and Mr. Zuhair Ali Akbar, deputy governor of the Central Bank of Iraq and a number of officials in the finance and planning ministries and the central bank to assess the latest economic developments in the country and discussions focused on the impact of the double trauma of Daash regulation and lower oil prices attacks at the end of the visit, Mr. Sdralvić issued the following statement:

IMF experts noted that it is expected that GDP in Iraq Read more…

Disagreement on external borrowing by $ 5 billion from the World bank

Disagreement on external borrowing by $ 5 billion and the central insist on spending cuts before heading to the World Bank

19/12/2014 18:03

Long-Presse / Baghdad
Parliamentary Finance Committee revealed on Friday that the dispute over the direction of foreign borrowing continues to fall in oil prices was behind the postponement of a special meeting was scheduled for Thursday evening to discuss the budget.
He said members of the Committee on the government’s intention to borrow $ 5 billion from the International Monetary Fund, but the central bank pressed further Read more…

IMF stands ready to provide advice and financial assistance to Iraq after the end of violence

IMF stands ready to provide advice and financial assistance to Iraq after the end of violence

Monday, 15 December 2014 13:15

Alsumaria News / Baghdad
showed the International Monetary Fund , on Monday, ready to offer advice and financial assistance to Iraq once the violence which, as pointed out that the violence in Iraq and Syria, led to the destruction of economic activities in them and creating a major economic crisis to neighboring countries, with the exodus of millions of refugees to it. The deputy Director of the Middle East Department Monetary Fund and Read more…

China criticizes America’s failure to ratify the International Monetary Fund reforms

China criticizes America’s failure to ratify the International Monetary Fund reforms

13/12/2014 11:17 GMT

Agencies – China expressed great disappointment of the United States failed again in the ratification of the plan to reform the International Monetary Fund, said a spokesman for the Chinese Foreign Ministry Hong Lei.
Hong said, during the press conference, said that China is disappointed by the failure of the US Congress in 2010, and included the share package IMF reform governance in the budget bill.

The United States has come under pressure during the Group of Twenty Read more…

IMF: Iraq’s economy for the next year to grow at a rate of 2% with the increase in the production of oil exports

IMF: Iraq’s economy for the next year to grow at a rate of 2% with the increase in the production of oil exports

Wednesday, December 10, 2014 17:39

BAGHDAD / Baghdadi News / .. signed the International Monetary Fund and the growth of the Iraqi economy over the next year in 2015 at a rate of 2% {} with the increase in oil production and increase its exports supported the agreement, which was recently between the governments of the Read more…

IMF: Iraq’s economy to shrink only 0.5% in 2014

IMF: Iraq’s economy to shrink only 0.5% in 2014

10/12/2014 12:09 GMT

BAGHDAD – and babysit – The International Monetary Fund, said that “it is expected to shrink Iraq’s economy, which depends mainly on oil 0.5 percent this year,” which is much lower than the previous forecast of the Fund two months ago contraction of 2.7 percent.
Fund attributed the decline in output to rise to organize an Islamic state in northern and western Iraq, but it seems that Read more…

Government adviser: Iraq may resort to the IMF to meet the budget deficit

Government adviser: Iraq may resort to the IMF to meet the budget deficit

11/29/2014

The prime minister for economic affairs adviser to the appearance of Mohammed Saleh, said that the government may resort to borrowing from the International Monetary Fund to cover the deficit in the 2015 budget, as a result of the fall in the price of oil.

Saleh explained in a statement broadcasting Free Iraq that borrowing from the International Monetary Fund and Acer, which sets conditions for borrowing them that there will be economic reform and financial and banking, stressing that this reform is not a burden on Iraq as announced by the government within the next Read more…

The private sector contributes to increase the value of the dinar

The private sector contributes to increase the value of the dinar

6/11/2014 0:00

BAGHDAD Mustafa al-Hashemi, many wonder about the reasons for not rising purchasing power of the dinar years ago and so far, despite having a good cover of gold and foreign currency as well as high-oil exports as well as improve its exchange rate against the dollar, when the continued improvement in the exchange rate with Read more…

IMF: security spending to fight the “Daash” will affect the Iraqi economy

IMF: security spending to fight the “Daash” will affect the Iraqi economy

28-10-2014 07:13 AM

International Monetary Fund said Monday that the Iraqi economy will shrink by 2.7 percent this year, for the first time since the Western invasion of the country in 2003, after he dominated the organization of the so-called Islamic State (Daash) over large areas of Iraq.
The Fund says that this contraction is followed by growth of 4.2 percent in 2013, which in turn was the Read more…