Zebari: the Iraqi dinar exchange rate remains stable
Zebari: the Iraqi dinar exchange rate remains stable
9/12/2014 0:00
Discussed with the International Monetary Fund and falling oil prices
Oman morning
Mohammed Jawad Al-Abdali accept Finance Minister Hoshyar Zebari, political, security and economic conditions, plans and programs of the government in the next phase, in particular to provide the budget in 2015 to the House of Representatives and the fight against corruption and an administrative and financial reforms. Zebari said, in round of annual consultations with the International Monetary Fund (IMF), which took place in Amman, Jordan: “It reviewed the situation in the oil sector and the impact of falling oil prices and economic activity is oil and international needs and market exchange foreign,” noting that “the opinions exchange on the role of the International Monetary Fund to help Iraq through this difficult phase of the Iraqi economy. ” The Minister of Finance that “consultations with the International Monetary Fund come because Iraq is an important part and a founding member of an international organization will follow up the financial and economic global situation, so our priority at this meeting to give a comprehensive picture of the economic and financial reality of Iraq and consultation as well as the challenges we face. “And Zebari that” the international organization was in agreement with us in the exposure of the Iraqi economy to Sdmtin, the first confrontation with Daash on a daily basis in some provinces and drain money on military equipment and contracts for armaments, and other trauma is the decline in global oil prices “, stressing Zebari said “the presence of satisfaction by the International Monetary Fund for an agreement between the central government and the Kurdistan region to increase oil exports, and that a positive development on the Iraqi economy and the reserves of the Central Bank, despite their decline,” noting that the exchange rate of the Iraqi dinar remains stable not affected in the repercussions of the drop in oil and the level of positive inflation and brought a different ratio of expected by the International Monetary Fund. ”
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