IMF" expects to reach an agreement with Iraq to prepare the credit before the end of 2016

12/10/2016


Iraqi authorities continued their discussions with the IMF experts in Washington, DC, during the period 6 10 October on the first review of the standby credit agreement amounting to a 36-month, which was approved by the IMF Executive Board on July 7, 2016.

The head of the International Monetary Fund for Iraq Mission Christian coconut: "The Iraqi authorities have made good progress towards the completion of the first review of the agreement to prepare the credit .. Once you provide the additional information required and the implementation of the agreed prior actions, the Executive Board will consider the first review of the agreement to prepare the credit, which is likely to be in November or DEC ".


He said Christian: "The team met during the discussions with Dr. Ali Mohsen Ismail Keywords central bank governor proxy, Dr. Fadhil Nabi Othman, Deputy Minister of Finance, Dr. appearance in favor of a financial advisor to the prime minister, and a group of officials from the Ministry of Finance and the Central Bank of Iraq and a representative of the Kurdistan Regional Government. Wishes team Fund thanking the Iraqi authorities on the good cooperation and the frank and fruitful discussions. "