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Al-Alaq calls on the Monetary Fund to support the central bank to achieve exchange rate stability
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Economy News - Baghdad
The Central Bank of Iraq announced, on Wednesday, that the Iraqi delegation held a meeting with the International Monetary Fund and the World Bank in Washington.
A statement by the Central Bank stated, "The meetings of the Iraqi delegation with the International Monetary Fund and the World Bank in Washington DC began with the presence of the Governor of Iraq in the Fund, Governor of the Central Bank of Iraq Ali Mohsen Al-Alaq, Minister of Finance Taif Sami, and the technical delegation accompanying them."
He added, "Iraq's approach to holding a (non-financial) program was discussed, which includes the Fund providing technical and advisory support for the economic reform adopted by the Iraqi government in achieving financial and monetary stability."
He pointed out, "It was agreed to prepare a draft agreement on the program and start implementing it in the coming days."
Al-Alaq called on the Fund to "provide support to the Central Bank of Iraq in its procedures to achieve stability in the exchange rate in accordance with international practices, and the Iraq agreement with the International Monetary Fund, which was ratified by the Iraqi Parliament in 2008."
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Added 04/12/2023 - 9:14 AM
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Economy News - Baghdad
The Central Bank of Iraq announced, on Wednesday, that the Iraqi delegation held a meeting with the International Monetary Fund and the World Bank in Washington.
A statement by the Central Bank stated, "The meetings of the Iraqi delegation with the International Monetary Fund and the World Bank in Washington DC began with the presence of the Governor of Iraq in the Fund, Governor of the Central Bank of Iraq Ali Mohsen Al-Alaq, Minister of Finance Taif Sami, and the technical delegation accompanying them."
He added, "Iraq's approach to holding a (non-financial) program was discussed, which includes the Fund providing technical and advisory support for the economic reform adopted by the Iraqi government in achieving financial and monetary stability."
He pointed out, "It was agreed to prepare a draft agreement on the program and start implementing it in the coming days."
Al-Alaq called on the Fund to "provide support to the Central Bank of Iraq in its procedures to achieve stability in the exchange rate in accordance with international practices, and the Iraq agreement with the International Monetary Fund, which was ratified by the Iraqi Parliament in 2008."
Views 109
Added 04/12/2023 - 9:14 AM
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