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[size=30]Trend Press publishes the decisions of Iraq's meeting with the International Monetary Fund[/size]
01/11/2017 10:01 | Number of readings:
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Direction Press / Special
The report of IMF experts on Article IV consultations of 2017 for the second review under the three-year credit agreement.
According to the report published by "Trend Press", in which the Fund requested exemption from the declaration of non-compliance with performance standards and request exemption from the condition of their application and the amendment of performance standards.
The economic adviser to the Prime Minister appearance of Mohammed Saleh, Iraq received $ 4 billion from international institutions supporting.
Saleh said in a press statement on Wednesday, "Trend Press," The negotiations of the Iraqi government with the International Monetary Fund has led to grant Iraq $ 2 billion dollars in the past 18 months. "
Saleh added that "the IMF pledged to pay $ 5.5 billion over a specified period of time, in addition to receiving a loan of two billion dollars from the World Bank for a total of 4 billion dollars."
"Saleh said that" Iraq's meetings with the IMF focused on reducing the fiscal deficit resulting from the almost total dependence on oil resources financial without activating other resources. "
"The continuation of negotiations between the Iraqi government and the International Monetary Fund has led to positive results, especially in the process of tightening the federal budget and its focus towards important economic points."
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