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Iraq to resume talks with IMF, WB next Friday


Iraqi financial sources reported that the Iraqi delegation, headed by Acting Finance Minister Abdul Razzaq al-Issa will hold talks with the IMF and WB to discuss granting Iraq with the amount of 5.4 billion dollars to cover national budget’s deficit.

During 5-17 March, 2017, talks were held  on SBA agreement which will last for 36 months, which was approved by the IMP on 7 July, 2016.

The agreement included rectifying the Iraqi general budget, improving the financial administration and protecting social expenditure.

The first review of the SBA was concluded on  5 December, 2016

Source: Iraq Trade Link News Agency, April 16, 2017


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