The International Monetary Fund comments on the reduction of the Iraqi dinar and the 2021 budget
The International Monetary Fund comments on the reduction of the Iraqi dinar and the 2021 budget
FRI, 12-25-2020, PM 3:25
On Friday, the International Monetary Fund welcomed the approval of the Iraqi Council of Ministers to the 2021 budget bill, while it considered implementing important financial reforms and reducing the currency exchange rate as “very important” steps.
The Iraqi News Agency quoted the IMF mission in Iraq as saying that it welcomes “the approval of the cabinet on the draft general budget bill for the fiscal year 2021,” indicating that “a decisive re-calibration of economic policies must be made in order to maintain the stability of the economy.”
The mission added that “implementing important financial reforms and reducing the currency exchange rate are very important steps.”
And the mission continued: “We are ready to support the reform efforts made by the Iraqi government.”
non14.net
