The International Monetary Fund confirms progress with Iraq on the budget for 2018

The International Monetary Fund confirms progress with Iraq on the budget for 2018



Wednesday, November 22,

Alsumaria News / Baghdad ,
said the Iraqi Central Bank , Wednesday, for the completion of discussions with the IMF on third revision of the agreement to prepare the credit, pointing to confirm the IMF to achieve progress with Iraq on the budget year 2018, which comes in line with the standby credit agreement.

"Iraqi authorities and IMF experts continued discussions in the Jordanian capital of Amman from November 17 to 21, 2017 on the third review of the 36-month credit agreement with Iraq," the Central Bank of Iraq said in a statement received by Alsumaria News.

Bank and the transfer of the head of the IMF mission to Iraq Christian nut, confirmed that the Iraqi authorities and the International Monetary Fund experts continued discussions on the third revision of the agreement to prepare the credit and made good progress towards reaching agreement on the draft 2018 budget law in line with the standby credit agreement. "

He said the bank to "The mission team of the Fund met during the discussion period with the Governor of the Central Bank Ali Al-Alaq, Undersecretary of the Ministry of Finance Maher Johan, Undersecretary of the Ministry of Planning Qassim Attiyah and Advisor to Prime Minister Haider Abadi, Chief of the Financial Supervision Bureau and officials of the Ministry of Finance and Coffee As the Iraqi Central and the Ministry of Oil, and expressed his thanks to the Iraqi authorities for their cooperation and open and fruitful discussions with them.

The Executive Board of the International Monetary Fund has agreed to hold a credit agreement on July 7, 2016, amounting to 5.34 billion US dollars within the program of economic reform of Iraq.

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