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Central confirms the continued discussions to make the necessary arrangements for the protection of Iraq's funds

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dealerdean


ADMINISTRATOR
ADMINISTRATOR

Tomorrow/Baghdad: the Governor of the Central Bank of Iraq Abdul Basit Turki, Monday, that the two-day talks between the representatives of Iraq and the International Monetary Fund and the World Bank on the subject of protecting Iraqi assets abroad and the end of the period of international protection.

He said Turkish for "tomorrow", "Iraq held over the past two days of meetings with IMF and the World Bank with aldolline still talks ongoing between the Ministry of finance and the Central Bank with financial advisers and international laws to make the necessary arrangements with Iraq solely responsible for protection of the own funds."

"The twenty-second of may will end international protection for Iraqi assets," Noting "the need to develop a mechanism to ensure the protection of Iraq's funds through the Government of Iraq to address unresolved issues inherited from the previous regime and settled for debt and financial claims and commercial contracts.

Turkish stressed that "the results of the talks now is reassuring, and there is no danger to these funds."

The Finance Minister was purely net debt agency said on Monday that the issue of the protection of Iraqi assets abroad will discuss with both the IMF and the World Bank during their spring meetings in Washington, noting that Iraq does not intend to extend the protection of its assets abroad.

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