Deputy Prime Minister and Minister of Finance meets in Washington a number of officials of the International Monetary Fund and the World Bank and international financial institutions separately

by **claud39** Mon Oct 21, 2019 7:46 am

Monday, October 21, 2019

Deputy Prime Minister and Minister of Finance Fouad Hussein and his accompanying delegation in Washington, October 20, 2019, held a number of meetings and meetings within the delegation's program to strengthen economic and financial relations with international organizations and institutions.

He met with Mr. Fouad Hussein, Mr. Mitsu Hiro Furusao, Executive Director of the International Monetary Fund and discussed during the meeting the possibility of strengthening cooperation between Iraq and the Fund in the interest of Iraq and contribute to the development of the economic sector.

Separately, the Deputy Prime Minister and Minister of Finance met with the World Bank Group and MIGA and thanked them for their support to develop economic sectors, as well as discussing the continuation of support to create new jobs, support small and medium enterprises and contribute to giving expertise to carry out general reforms of the economic institution.

On the other hand, the Iraqi delegation met with Mr. Farid Balah, Vice President of the World Bank for the Middle East and North Africa. During the meeting reviewed the projects implemented by the Bank in Iraq and the agreement to adopt new policies to accelerate the implementation of projects.

He also met with Deputy Prime Minister and Minister of Finance Ms. Christine Toetzk representative of the German Ministry of Economic Cooperation and Development and discussed with them the possibility of long-term cooperation to help the Iraqi government in achieving the objectives of economic development.

It is worth mentioning that the delegation held a series of meetings with international monetary institutions and international banks such as Lazard Freres and Deutsche Bank in order to strengthen relations and cooperation in the financial sector and banking and contribute to infrastructure projects and reconstruction.

The meetings were attended by advisers to the prime minister and general directors of the Ministry of Finance and the Ambassador of Iraq in Washington

http://www.mof.gov.iq/Pages/MOFBannerHeadlineDetail.aspx?BannerNewsID=771

by **claud39** Mon Oct 21, 2019 7:49 am

Deputy Prime Minister and Minister of Finance heads the Iraqi delegation in a round table meeting with representatives of the International Monetary Fund and the World Bank and signs a memorandum of understanding.

Monday, October 21, 2019

Chaired by Deputy Prime Minister for Economic Affairs and Finance Minister in Washington , 20 October the first 2019 delegation of the Republic of Iraq, which included many of the consultants and general managers as well as Iraq 's ambassador in Washington, at the annual meeting of the Round Table on Iraq Bank and the International Monetary Fund and representatives from the United States and the United Kingdom Germany, France, Japan and Saudi Arabia .

Mr. Fouad Hussein delivered the speech in which he pointed out that the Iraqi government is determined to continue reforms and overcome economic and institutional challenges and is determined to create an effective and efficient private sector that can contribute to national development and create jobs for young people and contribute to the diversification of the economy .

The Deputy Prime Minister signed a Memorandum of Understanding with the World Bank outlining the framework of future cooperation between the two sides and will be the basis for a long-term partnership agreement .

The memorandum refers to cooperation in implementing reforms in the financial sector, economic governance and reforms in making the business and investment environment favorable and attractive to local and international investors .

And cooperation on the implementation of reforms to develop the agricultural sector and food industries (the introduction of modern technology to facilitate access to global markets and facilitate access to bank financing )

Developing governance in the field of regulating the gas sector ( policies, planning and regulation ) and regulating the work of the private sector in this sector

In the electricity sector : Improving financial sustainability through regulation of wage collection and regulations to protect consumers from the poor .

The government will form a ministerial committee from the economic sector to oversee the implementation of the reforms stipulated in the memorandum of understanding

http://www.mof.gov.iq/Pages/MOFBannerHeadlineDetail.aspx?BannerNewsID=772

by **claud39** Mon Oct 21, 2019 1:38 pm

[rtl]The finance minister discusses in Washington with banking institutions new policies to accelerate the implementation of projects[/rtl]

2019/10/21

[rtl]Deputy Prime Minister and Minister of Finance Fuad Hussein and his delegation in Washington held a number of meetings and meetings within the delegation's program to strengthen economic and financial relations with international organizations and institutions.[/rtl]

[rtl]The Minister of Finance met the Executive Director of the International Monetary Fund Mitsu Hero Furusao and during the meeting discussed the possibility of strengthening cooperation between Iraq and the Fund in the interest of Iraq and contribute to the development of the economic sector.
Separately, the Deputy Prime Minister and Minister of Finance met with the World Bank Group and MIGA and thanked them for their support to develop economic sectors, as well as discussing the continuation of support to create new jobs, support small and medium enterprises and contribute to giving expertise to carry out general reforms of the economic institution.
On the other hand, the Iraqi delegation met with Farid Balah, Vice President of the World Bank for the Middle East and North Africa, during which the meeting reviewed the projects implemented by the Bank in Iraq and agreed to adopt new policies to accelerate the implementation of projects.
He also met with Deputy Prime Minister and Minister of Finance representative of the German Ministry of Economic Cooperation and Development Christine Toetzk and discussed with them the possibility of long-term cooperation to help the Iraqi government in achieving economic development goals.
It is worth mentioning that the delegation held a series of meetings with international monetary institutions and international banks such as Lazard Freres and Deutsche Bank in order to strengthen relations and cooperation in the financial sector and banking and contribute to infrastructure projects and reconstruction.
The meetings were attended by advisers to the prime minister and general directors of the Ministry of Finance and Iraq's ambassador in Washington[/rtl]

[rtl]https://alforatnews.com/modules/news/article.php?storyid=215865
[/rtl]

by **claud39** Mon Oct 21, 2019 1:41 pm

Finance Minister discusses in Washington the strengthening of economic relations with international institutions

Deputy Prime Minister and Minister of Finance Fuad Hussein held a series of meetings and meetings with officials of the World Bank and the International Monetary Fund in Washington, DC to strengthen economic and financial relations with international organizations and institutions.

A statement of the minister received a copy of the report that Hussein met Mitsu Hiro Furusao, Executive Director of the International Monetary Fund and discussed during the meeting the possibility of strengthening cooperation between Iraq and the Fund in the interest of Iraq and contribute to the development of the economic sector.

Separately, the Deputy Prime Minister met with the World Bank Group and MIGA and thanked them for their support to develop the economic sectors, as well as discussing the continuation of support to create new jobs, support small and medium enterprises and contribute to giving expertise to carry out general reforms of the economic institution.

On the other hand, the Iraqi delegation met with Farid Balah, Vice President of the World Bank for the Middle East and North Africa.

He also met with Deputy Prime Minister and Minister of Finance Christine Tewitzk representative of the German Ministry of Economic Cooperation and Development and discussed with them the possibility of long-term cooperation to help the Iraqi government in achieving economic development goals.

It is worth mentioning that the delegation held a series of meetings with international monetary institutions and international banks such as Lazard Freres and Deutsche Bank in order to strengthen relations and cooperation in the financial sector and banking and contribute to infrastructure projects and reconstruction.

https://www.almirbad.com/detail/28523