Minister of Finance review the relationship with the International Monetary Fund (IMF)

[yota691]

Minister of Finance review the relationship with the International Monetary Fund (IMF)

09/10/2015

 

 

(Independent) .. accept Finance Minister Hoshyar Zebari at a meeting, on Thursday, Executive Director of the Arab Group at the International Monetary Fund Hazem Albiloa the relationship between Iraq and the IMF.

And across Zebari expressed appreciation to the speed of the bank in response to the request of Iraq in obtaining a loan from the Fund in the framework of the mechanism of rapid funding and Iraq's desire to develop its relations with the Fund within the mechanisms to provide support and assistance to help to help Iraq in the face of the financial crisis afflicting.

On the other side of the meeting and in the presence of representatives of the Iraqi Central Bank also discussed Iraq's relations with the Fund and the proposed consultations between the two sides early in the month of November 2015. (end)

 

[yota691]

Zebari confirms Iraq's desire to develop its relations with the International Monetary Fund to cope with its financial crisis

Economy and Tenders

 Since 09.10.2015 at 11:52 (GMT Baghdad)

BAGHDAD - scales News

Finance Minister Hoshyar Zebari, Iraq's desire to develop its relations with the IMF to provide support and assistance in the face of the financial crisis afflicting the country.

The Finance Ministry said in a statement received / scales News / copy of it today, that "Zebari on Thursday met, Hazem Albiloa Executive Director of the Arab Group at the International Monetary Fund," noting that it was during the meeting to review the relationship between Iraq and the International Monetary Fund. "

And through the Finance Minister Hoshyar Zebari expressed "appreciation to the speed of the bank in response to the request of the Arab Aq in getting a loan from the Fund in the framework of the mechanism of rapid funding and Iraq's desire to develop its relations with the Fund within the mechanisms to provide support and assistance to help to help Iraq in the face of the financial crisis afflicting Including .

The statement added that "On the other side of the meeting and in the presence of representatives of the Iraqi Central Bank also discussed Iraq's relations with the Fund and the proposed consultations between the two sides in early November 2015," .anthy 29/28

Zebari: Iraq, a country rich in natural resources

Economy and Tenders

 Since 09.10.2015 at 12:26 (GMT Baghdad)

Baghdad scales News

Chaired by Finance Minister Hoshyar Zebari, the Iraqi delegation to the annual meeting of the International Monetary Fund and the World Bank which will be held in Lima, Peru for the period 9-11 2015.

According to a statement the Ministry of Finance / scales News / received a copy of "The minister took part in a symposium organized by the World Bank on the sidelines of the annual meeting of the Fund and the World Bank about the vulnerability in middle-income countries," noting the minister in his speech as a keynote speaker at the seminar mentioned to "challenges Iraq faces in this aspect. "

He said that "Iraq does not face such a problem in all regions of Iraq, but in some places that were affected Bharb on terror and the occupation of the terrorist entity Daash to those lands."

On the other hand said the Minister of Finance that "Iraq, a country rich in natural resources, particularly oil wealth, but the drop in oil prices in the global market and the threat of terrorism Daash may impact on Iraq's ability to finance its budget, which form a deficit which, this side of the fragility faced by Iraq in this stage, to its dependence on a single supplier, which requires the diversification of its resources and this Matsay him the government in order to maximize resources and stimulate the economy and make economic and administrative reforms and the fight against corruption. "

"The government has recently proceeded to a series of reform measures and a commitment to international transparency standards in providing and disseminating 2016 budget, on schedule and in Iraq is not grumbling from the political fragility because he had a constitution and institutions of a viable and continue to complain of fragility in the economy rentier structure and which needs to be fundamental changes."

This "made talk session World Bank Vice President for Operations Kyle Peter and which was attended by large economies advisers and official bank for the Near East and North Africa in addition to the participation of the Minister participated financial Jordan minister and civil society representatives from Tunisia, Libya, Palestine and Lebanon in the international symposium" .anthy 29 / d 25

[MyLadiesDaddy]

Can you say 3 day notification of currency change? As per IMF bylaws.

[yota691]

Same meeting...

World Bank President: Bank grants will be linked to political conventions

 

      Thursday   08   October   2015 | 22:43

 

 

 

 

As Kim assistance provided by the World Bank to the Palestinian Authority over the past decades by about US $ billion size

 

 

World Bank Group President Jim Yong Kim revealed that the granting of the bank and its aid next will go along with the States and political agreements, pointing out that linking financial grants political agreements between countries and the United Nations, will be the new shape of the response of the Bank to requests for grants and assistance required by the states.

He pointed Kim during a press conference held on the sidelines of meetings of the International Monetary Fund in Lima, capital of Peru that the "United Nations Secretary General, Ban Ki-moon, will be present at the meetings of the International Monetary Fund and the World Bank in Lima, to crystallize this subject".

In another context, as Kim assistance provided by the World Bank to the Palestinian Authority over the past decades by about billion US dollars in the form of financial aid and development projects in the West Bank and Gaza Strip size, pointing out that "the phenomenon of rising poverty and global unemployment to need the efforts of all parties and not just Bank International ".

Read more: http://dinarvets.com/forums/index.php?/topic/208757-an-international-plan-to-eradicate-poverty-in-15-years/page-2#ixzz3o4N4u6WD

[sandfly]

THANKS

[yota691]

Zebari World Bank: Iraq complains about the fragility of the structure of the economy, which needs substantial changes

History of edits:: 2015/10/9 9:30 • 93 visits readable

[baghdad - where] 
Finance Minister Hoshyar Zebari said, during his participation in the annual meeting of the International Monetary Fund and the World Bank, that Iraq complain of the fragility of the economy in the rent structure, which needs to be fundamental changes.

According to a ministry statement, received by the agency all of Iraq [where], a copy of it that Zebari "presided over on Thursday, the Iraqi delegation to the annual meeting of the International Monetary Fund and the World Bank which will be held in Lima, Peru for the period 9-11 2015 and participated in the seminar organized by the Bank International on the sidelines of the annual meeting of the Fund and the World Bank about the vulnerability in middle-income countries. 
"said Zebari, according to the statement, in his speech as a keynote speaker at the seminar mentioned, to" the challenges facing Iraq in this aspect, "noting that" Iraq does not face such this problem in all its regions, but in some places affected by the war on terrorism and the occupation of Daash gangs of terror to those lands. 
"He added that" Iraq is a country rich in natural resources, particularly oil wealth, but the drop in oil prices in the global market and the threat of terrorism Daash may impact on Iraq's ability to finance its budget, which form a deficit which, "explaining that" this side of the fragility faced by Iraq at this stage, to its dependence on a single supplier, which requires the diversification of its resources, "stressing that" this is sought by the government in order to maximize resources and stimulate the economy, and reforms of administrative, economic and anti-corruption. 
"He noted that" the government has recently proceeded to a series of reform measures, and a commitment to international transparency standards in providing and disseminating 2016 budget, on time, and Iraq is not grumbling from the political fragility because he has a constitution and institutions of a viable and continue , but complain about the fragility of the economy rentier structure and which needs to be fundamental changes. 
"The statement continued that" the World Bank Vice President for Operations Kyle Peter, the panel discussion which was attended by a large two economies advisers and official bank for the Near East and North Africa, and in addition to the participation of the minister participated Minister Jordan financial and civil society representatives from Tunisia, Libya, Palestine and Lebanon in the international symposium ".anthy

 

Iraq express his desire to develop its relations with the International Monetary Fund to help him confront the financial crisis

History of edits:: 2015/10/9 10:08 • 95 visits readable

[baghdad - where] 
expressed Finance Minister Hoshyar Zebari, during a meeting with the CEO of the Arab Group at the International Monetary Fund [iMF], Iraq's desire to develop its relations with the IMF, within the mechanisms to provide support, and thus contributing to help it cope with the financial crisis.

According to a ministry statement, received by the agency all of Iraq [where], a copy of it that Zebari "met, Thursday, Hazem Albiloa Executive Director of the Arab Group at the International Monetary Fund, and during the meeting to review the relationship between Iraq and the International Monetary Fund, as the minister expressed appreciation for the speed Bank In response to the request of Iraq in obtaining a loan from the Fund in the context of rapid funding mechanism, and Iraq's desire to develop its relations with the Fund within the mechanisms to provide support and assistance to help to help Iraq confront the financial crisis afflicting. 
"He added," on the other side of the meeting and in the presence of representatives of the Iraqi Central Bank, it was also discussed Iraq's relations with the Fund and the proposed consultations between the two sides in early November next ".anthy

[MyLadiesDaddy]

Interesting way you put that,Yota

[yota691]

Finance Minister Sameenara held in Lima for the stability of oil between Iraq and security challenge

10/10/2015

 

(Independent) .. contract Finance Minister Hoshyar Zebari, on Friday, and in cooperation with JP Morgan, Sameenara on the sidelines of the International Conference of the World Bank and the International Monetary Fund in Lima in 2015, addressed the challenges faced by Iraq financially and security.

The meeting was attended by dozens of international investors accept Zebari, where political, economic and security situation in the country and measures reformist government and its plans to achieve the financial and economic stability.

It was also the review of policies and procedures for the government to reduce public expenditures and budget financing, solutions and alternatives that resorted to by the government during the 2015 deficit, to bridge the financial gap.

Zebari also said Iraq's commitment to international standards of transparency and performed a 2016 budget, in the legal and temporal timing also accept Iraq's relations with both the Bank and the IMF.

The minister answered the questions and queries of the participants in the presence of Director General of the Budget Department and Director General of the Public Debt Department. (End)

[yota691]

again the same meeting...

Lagarde warns of weakening the credibility of the International Monetary Fund

 

Lima: Director of the International Monetary Fund Christine Lagarde warned Friday of weakening the credibility of the International Monetary Fund and the representation of the emerging countries after disabling the reforms relating to the governance of the fund because of the US veto.

 

Start and stop the application of these reforms, which provides double the resources of the Permanent Fund (quota countries) and re-distribution of contributions to the ratification of the US Congress, which postponed it for three years.

 

Lagarde said in Lima, where the General Assembly will hold Monetary Fund and the World Bank, "It's a question the credibility and representative institution in particular about the countries that do not get a full representation."

 

China has the second economic power in the world is currently less than 4% of the voting rights in the Fund's Board and its share slightly higher than Italy, although the size of the Italian economy is five times less than China's economy.

 

Lagarde said "I hope that this matter is taken seriously and that US authorities are aware of the need to strengthen the contribution Foundation in its creation."

 

The Obama administration is seeking to ratify the reforms adopted in 2010, but they collide with opposition Republicans dominate the Congress.

 

He said US Treasury Secretary Jacob if Thursday: "If reforms are not implemented, the consequences for the United States and the international community will be very large."

 

Lagarde said she is open to the idea of ​​extending its mandate at the head of the IMF reforms and disabled does not affect the "ability to manage" the organization
.

Read more: http://dinarvets.com/forums/index.php?/topic/209416-lagarde-warns-of-weakening-the-credibility-of-the-international-monetary-fund/#ixzz3o9zW7ty7

[yota691]

Zebari: oil and {Daash »cause of the financial crisis Iraq

 

 

       

10/10/2015 0:00 

 BAGHDAD - morning 

attributed the Finance Minister Hoshyar Zebari, during his presidency of the Iraqi delegation to the annual meeting of the International Monetary Fund and the World Bank which will be held in Lima, Peru, the financial crisis experienced by Iraq to the drop in oil prices on the one hand and the war being waged against Daash on the other. 

According to Statement of the Ministry of Finance, «morning» received a copy of it, the «Zebari took part in a symposium organized by the World Bank on the sidelines of the annual meeting of the Fund and the World Bank about the vulnerability in middle-income countries», where the minister pointed out the challenges facing Iraq in this aspect, indicating The «Iraq does not face such a problem in all regions of Iraq, but in some places affected by the war on terrorism and the occupation of Daash terrorist to those lands. 

Zebari said, during his speech: The« Iraq a rich country in natural resources, particularly oil wealth, but the drop in oil prices in the global market and the threat of terrorism Daash may impact on Iraq's ability to finance its budget, which form a deficit which, noting that this aspect of vulnerability because of Iraq's dependence on a single supplier, which requires the diversification of its resources and this is sought by the government in order to maximize resources and stimulate the economy and management reforms and economic and anti-corruption. 

He noted the minister that the «government has recently proceeded to a series of reform measures and a commitment to international transparency standards in providing and disseminating 2016 budget, on time», stressing that Iraq Aeshche of political fragility because he has a constitution and institutions of a viable and continue, but complain of fragility in structure rentier economy, which needs to be fundamental changes. 

On the other hand, met with Finance Minister Hoshyar Zebari, Executive Director of the Arab Group at the International Monetary Fund Hazem Albiloa Executive Director of the Arab Group at the International Monetary Fund. 

During the meeting, according to a statement, «morning» received a copy him, to review the relationship between Iraq and the International Monetary Fund, where the minister expressed his appreciation for the speed of the bank in response to the request of the Arab Aq in getting a loan from the Fund in the framework of the mechanism of rapid funding, stressing Iraq's desire to develop its relations with the Fund within the mechanisms to provide support and assistance, so as to contribute in helping Iraq in the face of the financial crisis afflicting. 

In another aspect of the meeting, in the presence of representatives of the Iraqi Central Bank, it was also discussed Iraq's relations with the Fund and the proposed consultations between the two sides early in the month of November 2015.

[MyLadiesDaddy]

He said US Treasury Secretary Jacob if Thursday: "If reforms are not implemented, the consequences for the United States and the international community will be very large."

Read more: http://dinarvets.com/forums/index.php?/topic/209368-minister-of-finance-review-the-relationship-with-the-international-monetary-fund-imf/#ixzz3oBYPFkz8

 

WOW!

 

Is someone telling us something?

[KDuesing]

Nice picking that out LGD. Islamic new years day too.

Edited October 10, 2015 by KDuesing

[Laid Back]

Zebari looks happy.... I'm happy

Go Iraq keep moving forward

[Freedomwish]

He said US Treasury Secretary Jacob if Thursday: "If reforms are not implemented, the consequences for the United States and the international community will be very large."

Read more: http://dinarvets.com/forums/index.php?/topic/209368-minister-of-finance-review-the-relationship-with-the-international-monetary-fund-imf/#ixzz3oBYPFkz8

 

WOW!

 

Is someone telling us something?

 

It's telling us something, that this thing needs to get a move on - or all hell would break loose on a worldwide scale!  JMO