CBI, IMF discuss bilateral cooperation
The meeting attended by the Governor of Central Bank of Iraq Mustafa Ghaleb, Minister of Finance Taif Sami, the International Monetary Fund mission and other officials. Photo: Iraqi News Agency
Baghdad (IraqiNews.com) – The Central Bank of Iraq (CBI) discussed on Wednesday with the International Monetary Fund (IMF) mission aspects of bilateral cooperation and development, according to the CBI statement cited by the Iraqi News Agency (INA).
The statement mentioned that the CBI governor, Mustafa Ghaleb, received the Minister of Finance, Taif Sami, and the IMF mission that is currently visiting the capital, Baghdad.
The meeting addressed the main policy challenges and ways to develop the bilateral cooperation to serve the banking and economic sectors in Iraq, and to enhance financial stability, the statement added.
The CBI is hosting on Wednesday and Thursday meetings of the IMF mission in the capital, Baghdad, with the participation of the Ministry of Finance and representatives of the ministries of planning, electricity, labor, water resources and environment.
Director of the media office of the CBI, Omar Assem, mentioned earlier 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.