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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


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    IMF Managing Director Approves a Staff-Monitored Program for Iraq January 12, 2016

    Rocky
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    IMF Managing Director Approves a Staff-Monitored Program for Iraq January 12, 2016 Empty IMF Managing Director Approves a Staff-Monitored Program for Iraq January 12, 2016

    Post by Rocky Thu Aug 31, 2017 9:22 am

    IMF Managing Director Approves a Staff-Monitored Program for Iraq January 12, 2016


    Press Release No. 16/04

    January 12, 2016

    The Managing Director of the International Monetary Fund (IMF) approved a Staff-Monitored Program (SMP) 1for Iraq covering the period of November 2015-December, 2016, on which the authorities and staff had reached ad-referendum agreement in November 2015 (see Press Release No. 15/509).
    Iraq is facing a double shock arising from ISIS attacks and the sharp drop in global oil prices. The conflict is hurting the non-oil economy through destruction of infrastructure and assets, disruptions in trade, and deterioration of investor confidence. The impact of the oil price decline—already felt in 2014—intensified in 2015, affecting the budget, the external sector, and medium-term growth potential. The authorities are responding to the crisis with a mix of fiscal adjustment and financing.
    To help address the present and urgent balance of payments and budget needs triggered by the ISIS attacks and the collapse in oil prices, the authorities have also requested an SMP to establish a track record of policy credibility to pave the way to a possible Fund financing arrangement. Under the SMP, the authorities will implement fiscal consolidation that will contain public expenditure in line with available revenue and financing, and aim to reduce the non-oil primary deficit by US$20 billion or 12 percent of non-oil GDP between 2013 and 2016. Under the SMP, agreement has also been reached on measures to strengthen public financial management, anti-money laundering and countering the financing of terrorism (AML/CFT), and financial sector stability.
    The IMF has assisted Iraq in strengthening economic institutions and in providing advice to the government on economic policies and reforms for more than a decade. IMF staff will work closely with the authorities to monitor progress in the implementation of their economic program. In addition, the IMF will continue to provide technical assistance to support Iraq’s capacity-building efforts and its reform program.

    1 An SMP is an informal agreement between country authorities and Fund staff to monitor the implementation of the authorities’ economic program. SMPs do not entail financial assistance or endorsement by the IMF Executive Board.


    IMF COMMUNICATIONS DEPARTMENT
    Media Relations
    E-mail: [You must be registered and logged in to see this link.]
    Phone: 202-623-7100

    [You must be registered and logged in to see this link.]
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    IMF Managing Director Approves a Staff-Monitored Program for Iraq January 12, 2016 Empty Iraq: Letter of Intent, Memorandum of Economic Financial Policies, and Technical Memorandum of Under

    Post by Rocky Thu Aug 31, 2017 9:30 am

    Iraq:
    Letter of Intent, Memorandum of Economic Financial Policies, and
    Technical Memorandum of Understanding

    June 19, 2016 r

    check link theres alot there

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    sassy
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    IMF Managing Director Approves a Staff-Monitored Program for Iraq January 12, 2016 Empty Re: IMF Managing Director Approves a Staff-Monitored Program for Iraq January 12, 2016

    Post by sassy Thu Aug 31, 2017 9:41 am

    Nice article duck
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    IMF Managing Director Approves a Staff-Monitored Program for Iraq January 12, 2016 Empty Re: IMF Managing Director Approves a Staff-Monitored Program for Iraq January 12, 2016

    Post by Screwball Thu Aug 31, 2017 9:32 pm

    sassy wrote:Nice article duck

    Read the most current they use the words "sizeabke fiscal adjustment"
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    IMF Managing Director Approves a Staff-Monitored Program for Iraq January 12, 2016 Empty Re: IMF Managing Director Approves a Staff-Monitored Program for Iraq January 12, 2016

    Post by sassy Fri Sep 01, 2017 12:12 am

    Screwball wrote:
    sassy wrote:Nice article duck

    Read the most current they use the words "sizeabke fiscal adjustment"
    They sure do sb!   thumbs

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    IMF Managing Director Approves a Staff-Monitored Program for Iraq January 12, 2016 Empty Re: IMF Managing Director Approves a Staff-Monitored Program for Iraq January 12, 2016

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