The end of the periodic consultations to Iraq with the International Monetary Fund
16/03/2015 15:40:00
Yesterday ended March 15, 2015, in Amman periodic consultations to experts of the International Monetary Fund IMF with the Iraqi government representatives and agree on a number of recommendations on improving the performance and growth of the Iraqi economy.
Participated in these consultations, which lasted several days, Minister of Finance and Minister of Oil and the Governor of the Central Bank and representatives from the ministries of trade, electricity, education and BSA.
During the 14-15 of March talks to discuss the challenges faced by the economy and the law and the 2015 budget and fiscal policy and reduce costs and avoid any unnecessary expenses and to address the effects of financing from the banking system and the central bank.
And recommended that the final statement of the Fund need to take government action to increase state revenues from taxes and tax collection and improve the management of customs and tax, as the Fund has recommended a number of reforms in the field of expenses in cash flow management and better control of the implementation reports, financial situation and better management of debt and close coordination between the Ministry of Finance and the Central Bank and government banks .
The IMF experts are expected to achieve a positive gross domestic product growth rate of 1.2% in 2015.
Participated in these consultations, experts and the Ministry of Finance and Accounting of the budget and the Iraqi Fund for Development and Foreign Economic circles specialists and experts from the Ministry of Oil and the Central Bank and the Office of Financial Supervision departments officials.
It is worth mentioning that these consultations precede the annual international ministerial meetings (Conference spring) to the Member States in the International Monetary Fund and the World Bank in Washington in mid-April 2015.
PUKmedia
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16/03/2015 15:40:00
Yesterday ended March 15, 2015, in Amman periodic consultations to experts of the International Monetary Fund IMF with the Iraqi government representatives and agree on a number of recommendations on improving the performance and growth of the Iraqi economy.
Participated in these consultations, which lasted several days, Minister of Finance and Minister of Oil and the Governor of the Central Bank and representatives from the ministries of trade, electricity, education and BSA.
During the 14-15 of March talks to discuss the challenges faced by the economy and the law and the 2015 budget and fiscal policy and reduce costs and avoid any unnecessary expenses and to address the effects of financing from the banking system and the central bank.
And recommended that the final statement of the Fund need to take government action to increase state revenues from taxes and tax collection and improve the management of customs and tax, as the Fund has recommended a number of reforms in the field of expenses in cash flow management and better control of the implementation reports, financial situation and better management of debt and close coordination between the Ministry of Finance and the Central Bank and government banks .
The IMF experts are expected to achieve a positive gross domestic product growth rate of 1.2% in 2015.
Participated in these consultations, experts and the Ministry of Finance and Accounting of the budget and the Iraqi Fund for Development and Foreign Economic circles specialists and experts from the Ministry of Oil and the Central Bank and the Office of Financial Supervision departments officials.
It is worth mentioning that these consultations precede the annual international ministerial meetings (Conference spring) to the Member States in the International Monetary Fund and the World Bank in Washington in mid-April 2015.
PUKmedia
[You must be registered and logged in to see this link.]