Posts Tagged ‘IMF’

IMF warns of sliding euro zone recession

IMF warns of sliding euro zone recession

10/10/2014 16:16

Follow-up – and babysit – warned the head of the International Monetary Fund Christine Lagarde of the possibility of sliding back into the euro zone into recession if they are not adopting sound economic policies.
Lagarde said, “We do not say that the region is heading toward recession, but say there is a serious risk of the occurrence if it did not do anything.”

Lagarde’s comments came at a news conference in Washington at the Read more…

IMF expects deflation Iraqi economy

IMF expects deflation Iraqi economy

09/10/2014

Iraqi economy faces significant challenges due to the deteriorating security situation and control regulation (Daash) on vital areas of Iraq.

He said the latest report issued by the International Monetary Fund that the Iraqi economy will be subjected to shrink this year as a result of military operations, is expected to exceed the growth rate of gross domestic product this year from 2.7%, while the indicated expectations last April to a growth rate of up to 5.9%.

He said the IMF report, Read more…

Experts diagnosed the weakness of the banking performance and reform

Experts diagnosed the weakness of the banking performance and reform

9/28/2014 0:00

Hafiz emphasizes the need for attention to the warnings of the World Bank
BAGHDAD Shokran Fatlawi
called economic expert d. Mehdi al-Hafez need to pay attention to what came in the World Bank report of observations on the Iraqi financial sector, especially the banking system, stressing that envisages solutions accuracy in the light of the recommendations and warnings of the banking system
came during the Read more…

Dentex approached the TBI to support the local government in light of the delay in budget

Dentex approached the TBI to support the local government in light of the delay in budget

26/08/2014

BAGHDAD / JD / .. The president of the Baghdad Provincial Council Riyad dentex, for the Council’s determination to find a channel to support local government to support financially in light of the delay in approving the budget.
Said dentex Agency / JD /: he “visited the Trade Bank of Iraq TBI and discussed with him the possibility of coordination and cooperation to find a Read more…

IMF: 60 percent share of U.S. dollar reserves

IMF: 60 percent share of U.S. dollar reserves

03-07-2014 11:54 AM

Free – Data from the ‘IMF’ published this week that the U.S. dollar remained the currency of choice among central banks around the world in the first quarter of the year, with a share of more than 60 percent of total reserves. total value for the dollar’s share in the reserves of the IMF 3.763 trillion dollars, or 60.9 percent of the total allocation of reserves, little changed from the fourth quarter of 2013. ‘s overall foreign Read more…

Economist warns of bankruptcy Iraq and calls for calm dialogue with Kurdistan on oil export

Economist warns of bankruptcy Iraq and calls for calm dialogue with Kurdistan on oil export

02/07/2014 05:13

BAGHDAD / Source News / .. warned economic expert, Abbas Ghalibi, Wednesday, the bankruptcy of the Iraqi government and its inability to pay the salaries of employees in the event of delay in approving the budget, more than this time, and while stressed that Iraq builds its budget deficit by default, as a result of considering the price of a barrel Oil is less than the global average of $ 15, warned of lower fund balance in Iraq DFI.
He Ghalibi in an interview told / Source News /, that “the budget in Iraq Read more…

IMF’s Lagarde: Iraq Oil Shock May Threaten U.S. Economy

IMF’s Lagarde: Iraq Oil Shock May Threaten U.S. Economy

Posted, 18 Jun 2014

The ongoing turmoil in Iraq has the potential to throw a wrench into the U.S. economy, International Monetary Fund managing director Christine Lagarde said in an interview on FOX Business.

Escalating battles between Iraqi forces and an Al Qaeda-inspired terrorist group, which has taken control of several key cities, have fueled concerns over an oil shock. Brent crude oil, the Read more…

Economists International: continued high growth of the Iraqi economy and increase its financial strength

Economists International: continued high growth of the Iraqi economy and increase its financial strength despite the security situation

Tuesday, 27 May / May 2014 10:41

[Follow-up – where]

Economists said the sources in the International Monetary Fund said that “Iraq despite the volatile security situation but its economic growth index is still going through at the height of its oil exports. ”

And saw Mohiuddin cloves, investment manager for the Global Sukuk, the Middle East and North Africa – fixed income at Franklin Templeton Investments – the Middle East that “the unintended consequences of political conflict Iraq is a decline in the cost of borrowing the Iraqi government has increased foreign exchange reserves increased by 33% to 88 billion dollars in Read more…

IMF calls for ambitious reforms

IMF calls for ambitious reforms

4/19/2014 0:00

Capitals – Agencies
International Monetary Fund said it should countries in the Middle East and North Africa make ambitious reforms to achieve sustainable growth provides more job opportunities and promote equality and diversification of the economy.
said the fund said in a statement that the challenges facing the region occupied a prominent place on the agenda of the Spring Meetings in 2014 and held by the Fund and the World Bank in Washington DC last week, and included Read more…

Central defends the procedures followed in the auction currency

Central defends the procedures followed in the auction currency

4-16-14

Tomorrow’s Press / BAGHDAD: The governor of the Iraqi Central Bank Abdel Basset Turki, Wednesday, that the lengthy discussions took place between Iraq and the IMF and the World Bank Read more…

World Bank reports show significant progress in the development of the Iraqi economy

World Bank reports show significant progress in the development of the Iraqi economy

04/16/2014

Baghdad – and babysit – Minister of Finance Agency purity of net debt, Wednesday, that Iraq is going through a period of development by good reports have been discussed by the IMF and the World Bank in Washington.
Safi said in a press statement that “the World Bank expressed satisfaction with the progress in the Iraqi economy, which is active in recent years as a result of the expansion of investment operations for the exploitation of Read more…

Minister of Finance in Washington looking to protect Iraqi funds from creditors

Minister of Finance in Washington looking to protect Iraqi funds from creditors

04/15/2014

BAGHDAD / JD / .. Ministry of Finance announced for talks in Washington on the protection of Iraqi funds after the end of the period of immunity in 05/22/2014, while stressed the need for the adoption of the law offices prudent to do to provide payments for the benefit of Iraq before the courts of Foreign Affairs.
The ministry said in a statement received / JD / copy of it: that the Read more…

Search the protection of Iraqi funds with the U.S. Treasury and the Fund and the World Bank

Search the protection of Iraqi funds with the U.S. Treasury and the Fund and the World Bank

4/15/2014 0:00

End of immunity on 22 May next
morning – Saad Al-Sammak
search and Minister of Finance Agency, Dr. purity of net debt in separate meetings with officials at the U.S. Treasury and the International Monetary Fund in a series of spring meetings of the IMF and the World Bank in Washington, DC, to Read more…

IMF: Iraq progresses Middle East countries by GDP

IMF: Iraq progresses Middle East countries by GDP

10/04/2014 12:42

Baghdad – and babysit – International Monetary Fund released, his report on the economic outlook for the countries of the world, and growth expectations during the current year and the year 2015, with a solution of Iraq in the forefront of countries in the Middle East in terms of GDP.
The IMF said in a report that Read more…

65 billion dollars looted from Iraq from 2001 to 2010

65 billion dollars looted from Iraq from 2001 to 2010

09-04-2014 01:35 PM

Baghdad (news) .. confirmed Representative of the Secretary-General of the United Nations in Iraq Nikolai Mladenov said the money looted from Iraq between (2001) and (2010) exceeded 65 billion dollars, according to the contents of the study of the International Monetary Fund. said Read more…

Kurdish lawmaker holds the government responsible for the legal errors in the budget and the delay in approval

Kurdish lawmaker holds the government responsible for the legal errors in the budget and the delay in approval

Friday, April 4 / April 2014 11:11

[Baghdad where]

He said the Kurdistan Alliance MP Hamid Buffy the delay caused by the budget “do not bear responsibility for the government’s mistakes and gross and legal points of disagreement and controversy, which included,” noting, that there is a blackout on the real reasons in this regard. ”

He said in a statement received by all of Iraq [where] a copy of it today that: “There is no doubt that the budget Read more…

Positive international assessment of Iraq’s success in achieving monetary stability

Positive international assessment of Iraq’s success in achieving monetary stability

1/4/2014 0:00

Oman Ghaidaa Bayati
was Iraq assessments international positive when reviewing derived from economic achievements in the meeting of the Consultative that took place recently between Iraq and the International Monetary Fund in the Jordanian capital Amman.
mentioned (morning) head of the Iraqi delegation and Minister of Finance Agency purity of net debt, which participated in the meeting He said: ”
All the observations made ​​by the International Monetary Fund during the Read more…

Iraq is planning to three loans, one of them an international bridge the budget deficit

Iraq is planning to three loans, one of them an international bridge the budget deficit

31/03/2014

BAGHDAD / JD / .. revealed the parliamentary Economic Committee for the Iraqi government to resort to three options to fill the shortfall in the general budget of the country in 2014, while confirming that the deficit ratio exceeded 20 percent.
The committee member said Qusay al-Abadi in an interview / JD /, that the object in the budget deficit in 2014 exceeds 20%, and this figure will necessitate approval on Iraq to resort to borrowing from the World Bank, or the use of internal borrowing, or dispose of the cash reserve.
Abadi noted, that the reserve increase by the Iraqi information reached us.
A few days ago, threatened the World Bank, to develop Iraq in the black list, if the Iraqi government continued to Read more…

International Monetary reveals a province of Iraq on the stability of its economy

International Monetary reveals a province of Iraq on the stability of its economy, despite the decline in oil prices and the budget deficit

27.03.2014 (0:01 pm)

 Baghdad / term-Presse

IMF announced, on Wednesday that Iraq has maintained its economic stability despite the drop in oil prices during the year 2013, and pointed out that the inflation rate dropped to 3.1%, and as he emphasized that the security situation has caused a deficit in the budget by about 6%, expected increase in economic activity during the year Current.
said head of the IMF mission in Iraq Read more…

After visiting Iraq, IMF mission has unleashed a statement

After visiting Iraq, IMF mission has unleashed a statement

26 Mar 2014

An IMF mission led by Carlo Sdralevich, Mission Chief for Iraq, visited Amman during the period March19-24 to meet with an official Iraqi delegation led by Acting Minister of Finance, Dr. Safa Al Safi. The IMF mission also met with the Acting Governor of the Central Bank, Dr. Abdul Basit Al Turki Said, and officials from the ministries of finance, planning, and oil, the central Bank, and the Board of Supreme Audit.
The team from IMF also consulted with Read more…