Friday, November 22, 2024

Baghdad

IMF mission to meet in Baghdad

 IMF mission to meet in Baghdad

The International Monetary Fund. Photo: AP

Baghdad (IraqiNews.com) – The Central Bank of Iraq (CBI) announced on Sunday that meetings of the International Monetary Fund (IMF) mission will be held in the Iraqi capital, Baghdad, on Wednesday and Thursday, the state news agency (INA) reported.

Director of the media office of the CBI, Omar Assem, said in a statement that the meetings will be attended by the CBI governor Mustafa Ghaleb, Minister of Finance Taif Sami, and the IMF mission, INA mentioned.

Representatives of the ministries of planning, electricity, labor, water resources and environment will be invited to attend the meetings, Assem explained.

Assem revealed that the first day of the meetings will focus on major policy challenges, INA reported.

Assem clarified that the IMF mission will hold meetings on Thursday with the Iraqi Company for Financing Small and Medium Enterprises (ICFSME), Vitas Company, and senior staff from the CBI’s Banking Control Department, according to INA.

Assem also elaborated that the meeting of the IMF mission with the CBI aims to develop work in the banking sector in Iraq, especially as it gained international confidence and enhanced financial inclusion.