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The International Monetary Fund praises the development of financial and banking aspects in Iraq

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The International Monetary Fund praises the development of financial and banking aspects in Iraq
 
November 13, 2024
Baku / Iraq Observer follow-up
 
Kristalina Georgieva, Director of the International Monetary Fund, today, Wednesday, during her meeting with the Iraqi President, Abdul Latif Jamal Rashid,
 
praised the positive developments that Iraq has witnessed in the financial and banking aspects and in the field of stimulating the investment environment.
 
The Presidency of the Republic stated in a statement received by “Iraq Observer,” that
 
“Rashid received, at his residence in the Azerbaijani capital, Baku, Kristalina Georgieva, Director of the International Monetary Fund, as part of his participation in the United Nations Climate Conference (COP29).” During the meeting,
 
theyreviewed the cooperation relations between Iraq and the International Monetary Fund and ways to strengthen them in the context of supporting the development path in Iraq,” where the President of the Republic affirmed during the meeting that
 
Iraq
 
     is seeking to implement integrated programs and
     plans to stimulate the economy and
     support the financial and banking reform process. He also thanked the IMF.”
 
“The international community for what it did to support Iraq’s budget during the crises it faced and overcame.”  The President of the Republic also stressed
 
“the importance of completing coordination and joint cooperation in order to continue efforts to
 
     combat corruption,
     support investment, and
     develop the private sector in order to
     build a strong, cohesive, and recovering economy.”
 
For her part, Crystalina explained that
 
“the main mission of the International Monetary Funds is to provide support to countries’ budgets in times of crises, and
 
this is what the Fund did with Iraq during a difficult period, but it overcame it, and
 
she praised the positive developments that Iraq witnessed in the financial and banking aspects and in the field of stimulating the investment environment.” 
 
 https://observeriraq.net/صندوق-النقد-الدولي-يشيد-بتطور-الجوانب/   

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