Archive for March 25, 2014

World trade bankAraji: The World Bank warned the Iraqi government from interfering in the work of the Central Bank

25/03/2014

The World Bank warned the Iraqi government from interfering in the work of the Central Bank
{Baghdad: Euphrates News} said Liberal MP from the parliamentary bloc Bahaa al-Araji, that the “international student Nabek reform policies and non-interference by the Iraqi government in the political CBI especially with regard to the subject of borrowing.”

He said al-Araji, said in a statement received by the Euphrates News Agency {} a copy of it on Tuesday, “We had already warned of the deteriorating economic and financial situation in the country because of the failure to take policies professional and overlapping powers and interference in the work of the central bank by the Iraqi government.”

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IMFLogoPress Release No. 14/124

March 25, 2014

An IMF mission led by Carlo Sdralevich, Mission Chief for Iraq, visited Amman during the period March19-24 to meet with an official Iraqi delegation led by Acting Minister of Finance, Dr. Safa Al Safi. The mission also met with the Acting Governor of the Central Bank, Dr. Abdul Basit Al Turki Said, and officials from the ministries of finance, planning, and oil, the central Bank, and the Board of Supreme Audit. The IMF team also consulted with representatives of Iraqi private sector and diplomatic community in Amman. The mission reviewed recent macroeconomic developments and the current fiscal and monetary issues. This work will help prepare the 2014 Article IV consultation with Iraq later in the year.

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Said a statement obtained by “obelisk”, a copy of “Alasttratejah as part of the central bank in managing the reserves of the vessels, to achieve an element of safety and safety in order to use the tools of monetary policy to stabilize the exchange rate of the dinar against foreign currencies Iraq.”

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