Posts Tagged ‘IMF’

International Monetary Fund (IMF) confirms that the Iraqi economy still has a “weakness”

International Monetary Fund (IMF) confirms that the Iraqi economy still has a “weakness”

Author: HAA
Editor: AJ, RS 05/22/2013 16:21

Range Press / Baghdad
Urged the International Monetary Fund (IMF), on Wednesday, Iraq to “take remedial action in fiscal policy” to improve the levels of pension for citizens, and between the Iraqi economy “still suffers from weaknesses” represented “the small size of non-oil sector and high unemployment,” noting The Iraqi Central Bank reserves reached 70 billion), “the end of 2012.
A statement issued by the International Monetary Fund (IMF) in the quarterly report on developments in the economic and political situation in Iraq, briefed the (long-Presse), a copy of it, that “the executive body of the Fund, which Read more…

Restructure the Rafidain and Rasheed includes four axes .. And will support the banking sector

Yasiri: restructure the Rafidain and Rasheed includes four axes .. And will support the banking sector

20-04-2013 01:14 PM

Baghdad (news) .. According to a member of the Finance Committee MP / National Alliance / Abdul Hussain al-Yasiri, that the plan to restructure the Rafidain and Rasheed by the International Monetary Fund includes four paragraphs of major help to support and develop the banking sector in the country. Yasiri said (of the Agency news ): The plan to restructure Read more…

Official: Iraq needs to IMF loans, despite the huge budget

Official: Iraq needs to IMF loans, despite the huge budget

17/04/2013 12:00 AM

Baghdad – Mostafa Hashemi
said the economist in the Ministry of Finance Hilal Taan: that Iraq needs IMF loans for the implementation of development projects in various provinces for the development of industrial and agricultural sectors and other sectors, as well as water desalination projects in the southern provinces.
said Taan told (morning) The IMF loans and the World Bank are not loans sense prevails because it is soft loans and deadlines long terms grant the borrower a period of grace for 10 years and the period of repayment duration of 30 years.
, and pointed out that those who do not understand the science of economics does not understand the nature of these loans, Iraq is a member of the Both the World Bank and the International Monetary Fund and has special drawing rights and could withdraw $ 5 billion, pointing out that Read more…

Baghdad lost nearly $ 3 billion in just two months in 2012

According to a British report: Baghdad lost nearly $ 3 billion in just two months in 2012

Published 13/04/2013 10:52 AM

BAGHDAD – “arenas of liberation”
A report issued by the International Center for Development Studies and the epicenter London to Iraq, which reached its budget to nearly $ 119 billion for this year does not have except that which converts the International Monetary Fund from proceeds from the sale of oil in the Development Fund for Iraq.

The report pointed out, according to the website Arab. Net, that the Iraqi economy has been suffering for a period of sharp fluctuations in the Iraqi dinar exchange rate reflected Read more…

D. Smeisim: rig revenue numbers to conceal it from the IMF and “mislead”

D. Smeisim: rig revenue numbers to conceal it from the IMF and “mislead”

The time on Wednesday, 27 March / March 2013 10:24

BAGHDAD / Nasir Ali

Accused former economic advisor to the Secretariat of the Iraqi Council of Ministers peace Sumaisem Iraqi delegation negotiating IMF misleading Fund figures hide the task of balancing the country.

She Sumaisem that “the recent announcement of the Fund regarding the high balances preventive Development Fund for Iraq to more than $ 18 billion, is evidence that members of the IMF have not seen the real numbers and Read more…

World Bank initiative to rehabilitate the Rafidain and Rasheed will support the financial sector

Parliamentary Finance: World Bank initiative to rehabilitate the Rafidain and Rasheed will support the financial sector in the country

26-03-2013 08:56 AM

Baghdad (news) .. The Deputy Finance Committee Chairman MP / coalition of Kurdish blocs / Ahmed Hassan Faizullah, that IMF initiative to support and develop the Rafidain and Rasheed will support financial and banking sector in the country. said Faizullah (of the Agency news): The orientation of the International Monetary Fund to provide grants financial development of the Rafidain and Rasheed, who are among the most Read more…

IMF: Iraq preventive balances rose to $ 18 billion, but this is not enough to protect him

IMF: Iraq preventive balances rose to $ 18 billion, but this is not enough to protect him

Editor: BS, NK 23/03/2013 15:16

Term Press / Baghdad
International Monetary Fund said that funds preventive Development Fund for Iraq rose in 2012 to $ 18 billion, and pointed out that this increase came from the “oil revenues unexpected,” in calling the Iraqi government to end the control of banks owned by the State on the banking sector, He stressed the need for the Iraq strengthening public financial institutions to ensure efficiency and transparency in the use of oil revenues.
The Fund in a report issued in 03/21/2013 after the Read more…

IMF: accelerated economic growth and “serious structural weaknesses” in Iraq

IMF: accelerated economic growth and “serious structural weaknesses” in Iraq

The time on Saturday, 23 March / March 2013 07:58 | |

Washington / agencies

IMF welcomed accelerating the pace of economic growth in Iraq, thanks to oil exports, but expressed concern about the points of “serious structural weaknesses” accumulated there, ten years after the US-led invasion of the country in 2003.

The IMF said in a statement issued in Washington after the conclusion of an assessment mission carried out in Iraq, “despite political and security environment is difficult, Iraq succeeded in Read more…

(IMF) is expected to increase economic growth in Iraq by about 9% and calls on it to support the non-oil sectors

International Monetary Fund (IMF) is expected to increase economic growth in Iraq by about 9% and calls on it to support the non-oil sectors

Author: HAA
Editor: NK 22/03/2013 12:14

Term Press / Baghdad
International Monetary Fund predicted to witness economic growth in Iraq during the current year 2013 increased by 9 percent due to the rapid growth of the definitive oil in the country, while calling the Iraqi government to focus private sectors other than oil to secure the balance of economic not be subject to oil production and fluctuations world prices.
The Fund in a report issued on Thursday following the end of consultations in Amman between a delegation of the Fund and the Iraqi delegation Read more…