Iraqi Economists Network

شبكة الاقتصاديين العراقيين

Latest Economy News

IMF to agree Iraq monitoring program in coming days: Mideast head

The International Monetary Fund will finalize an agreement with Iraq in the coming days for a program to monitor its economy, the fund’s Middle East director said on Tuesday.

The monitoring program would establish a track record of effective performance on the part of the Iraqi authorities which could lead to a finance program being agreed next year, Masood Ahmed told Reuters on the sidelines of a conference in Dubai.

Iraqi authorities agreed last month to have the IMF monitor Baghdad’s economic polices, with the program aimed at reining in spending and reducing Iraq’s budget deficit.

Source: Reuters, December 15, 2015

(Reporting by Hadeel Al Sayegh; Writing by David French)

Comment here

%d bloggers like this: