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The International Monetary Fund provides recommendations for Iraq on the restructuring of state-owned companies
16/03/2015
Representatives of the International Monetary Fund, during a meeting of the periodic consultations with the Iraqi side in Amman, recommendations on the restructuring of state-owned enterprises, the reform of the energy sector.
According to a statement of the Ministry, on Sunday, in a statement obtained by "direction Press", a copy of "Zebari participated in the periodic consultations between Iraq and the International Monetary Fund, which are held twice a year between the two sides of the circulation and exchange of views on the state of the Iraqi economy and fiscal policies in the country." .
He added that he "participated in the consultations this session Oil Minister Adel Abdul-Mahdi and the Governor of the Central Bank and the Office of Financial Supervision and representatives of other ministries."
The statement said that "representatives of the International Monetary Fund have expressed their satisfaction with the approval of the budget in 2015, and its compatibility with the reality in Iraq, and stressed the importance of reducing and rationalizing unnecessary expenses and prepare to correct the fiscal situation in the future."
He continued, "As representatives of the Fund said work on the reduction of funding from the banking system and the Central Bank of Iraq, and work to increase the Internal Revenue property taxes and general sales tax, and corporate income tax and improve the performance of the tax and customs."
The statement noted that "the representatives made a number of recommendations to the Iraqi side to reform the subsidy system, and repair service for the modern system and repair of power sector reform and restructuring of state-owned enterprises as well as the reform of the social protection system. Md"
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16/03/2015
Representatives of the International Monetary Fund, during a meeting of the periodic consultations with the Iraqi side in Amman, recommendations on the restructuring of state-owned enterprises, the reform of the energy sector.
According to a statement of the Ministry, on Sunday, in a statement obtained by "direction Press", a copy of "Zebari participated in the periodic consultations between Iraq and the International Monetary Fund, which are held twice a year between the two sides of the circulation and exchange of views on the state of the Iraqi economy and fiscal policies in the country." .
He added that he "participated in the consultations this session Oil Minister Adel Abdul-Mahdi and the Governor of the Central Bank and the Office of Financial Supervision and representatives of other ministries."
The statement said that "representatives of the International Monetary Fund have expressed their satisfaction with the approval of the budget in 2015, and its compatibility with the reality in Iraq, and stressed the importance of reducing and rationalizing unnecessary expenses and prepare to correct the fiscal situation in the future."
He continued, "As representatives of the Fund said work on the reduction of funding from the banking system and the Central Bank of Iraq, and work to increase the Internal Revenue property taxes and general sales tax, and corporate income tax and improve the performance of the tax and customs."
The statement noted that "the representatives made a number of recommendations to the Iraqi side to reform the subsidy system, and repair service for the modern system and repair of power sector reform and restructuring of state-owned enterprises as well as the reform of the social protection system. Md"
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