Zebari: Financial our reform in line with the IMF and World Bank policies

by **Ponee** Sat Oct 10, 2015 5:04 pm

Finance Minister Hoshyar Zebari, on Friday, that the government's policy in the financial and administrative reform and in the fight against corruption in line with IMF and World Bank policies of international ".

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A statement by the Ministry of Finance received / scales News / Zebari "head of the Iraqi delegation to the annual meeting of the International Monetary Fund and the World Bank and the accompanying public debt circles managers and the delegation, and the Fund for the Iraqi Development, and the budget in the Ministry of Finance, met with Sri Mulyani World Bank managing director in the presence of Each of the vice president of the Middle East and North Africa at the World Bank, and the director in charge of the Bank's operations in Iraq, in addition to the Executive Director of the World Bank. "

The statement added that "During the meeting, they reviewed the strong relationship between Iraq and the World Bank and Iraq's desire to get help bank financing of the budget and in investment in infrastructure, particularly in restoring stability in areas that have been freed from the entity Daash terrorist through the mechanisms in place at the World Bank In particular, loans and development policies need to obtain such assistance during 2015 ".

The Minister of Finance "that the government's policy of administrative reform and financial and in the fight against corruption in line with the IMF and World Bank policies and that the government continues this policy despite the continuing challenges of lower oil prices and the war on terrorism and the requirements to meet the humanitarian needs of the displaced people, also touched on the deficit in the budget of 2015 and continuing in 2016 and measures taken by the government to cover the financial gap in the budget. "
And across Zebari "expressed appreciation for the assistance of the World Bank for Iraq to $ 350 million in order to restore stability in the liberated areas of the entity Daash terrorist and other assistance in the field of electric power and provide $ 500 million to support the electricity in the area of support for the Iraq strategy with regard to water management."

The statement pointed to "agreed to continue contacts and technical meetings to follow up the implementation of cooperation between Iraq and the World Bank and coordination with the International Monetary Fund mechanisms in this regard" .

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