IMF says Iraq’s non-oil GDP growth improves
Amr Salem February 29, 2024 1011 2 min
The International Monetary Fund. Photo: AP
Baghdad (IraqiNews.com) – The International Monetary Fund (IMF) confirmed on Wednesday that Iraq is making progress in non-oil GDP growth.
An Iraqi delegation headed by the Minister of Finance, Taif Sami, held discussions with experts from the IMF in the Jordanian capital, Amman, according to a statement cited by the Iraqi News Agency (INA).
The discussions focused on the
economic reform agenda for Iraq, the
measures adopted by the government to strengthen financial and banking regulations,
digital infrastructure,
financial inclusion, and
public debt concerns, as well as the
efforts to alleviate the repercussions of global conflicts and their impact on the economy.
The Iraqi delegation held discussions related to
increasing non-oil revenues and
enhancing coordination between financial and monetary policies in Iraq.
The IMF experts praised the government’s measures to improve the business climate and stimulate the investment environment, noting that
Iraq is making progress in the growth of non-oil GDP.
The IMF highlighted the
importance of maintaining economic stability and
supporting social protection and the
tremendous success made in preserving financial and economic stability as
inflation rates dropped and the
balance of payments improved.
The IMF also commended
economic diversification and the
creation of job opportunities by the private sector.
https://www.iraqinews.com/iraq/imf-says-iraqs-non-oil-gdp-growth-improves/
Amr Salem February 29, 2024 1011 2 min
The International Monetary Fund. Photo: AP
Baghdad (IraqiNews.com) – The International Monetary Fund (IMF) confirmed on Wednesday that Iraq is making progress in non-oil GDP growth.
An Iraqi delegation headed by the Minister of Finance, Taif Sami, held discussions with experts from the IMF in the Jordanian capital, Amman, according to a statement cited by the Iraqi News Agency (INA).
The discussions focused on the
economic reform agenda for Iraq, the
measures adopted by the government to strengthen financial and banking regulations,
digital infrastructure,
financial inclusion, and
public debt concerns, as well as the
efforts to alleviate the repercussions of global conflicts and their impact on the economy.
The Iraqi delegation held discussions related to
increasing non-oil revenues and
enhancing coordination between financial and monetary policies in Iraq.
The IMF experts praised the government’s measures to improve the business climate and stimulate the investment environment, noting that
Iraq is making progress in the growth of non-oil GDP.
The IMF highlighted the
importance of maintaining economic stability and
supporting social protection and the
tremendous success made in preserving financial and economic stability as
inflation rates dropped and the
balance of payments improved.
The IMF also commended
economic diversification and the
creation of job opportunities by the private sector.
https://www.iraqinews.com/iraq/imf-says-iraqs-non-oil-gdp-growth-improves/