Talks between Iraq and the International Monetary Fund in Amman

[carlablum]

Talks between Iraq and the International Monetary Fund in Amman

19.11.2010

Began Friday morning in the Jordanian capital Amman talks between the Iraqi delegation representing the Ministries of Finance and Oil and the Iraqi Central Bank and the International Monetary Fund.

The Minister of Finance Baqir Jabr Al-Zubaidi that the talks focused on the study of fiscal and monetary policies and the Iraqi oil, in addition to the discussion of the budget in 2011, indicating that he will be at the conclusion of the talks signed the Convention on the dolly new partnership between Iraq and the International Monetary Fund gets Iraq under a financial loan of $ 3.4 billion dollars to cover the shortfall in the budget for the next boat $ 25 billion.

In response to a question on the actions taken by the Fund Bmsthakath the previous fiscal on Iraq, Zubaidi said that the loans given to Iraq are still new Covenant, and that Iraq did not receive part of them, although the due date for payment will happen after five years, noting that the International Monetary Fund said in a meeting Today the proportion of positive growth in the current year's budget, amounting to $ 3.2 billion, and pointed out that this in itself represents a positive phenomenon in the global financial crisis stifling, in addition to that the rate of inflation fell to 2% compared to what it was in 2006 when it reached 65% .

The Minister of Finance, the Iraqi government is looking for ways to ensure that fiscal revenue through the formation of a competent ministerial committees to address the financial Agr.

For his part, said Oil Minister Hussain al-Shahristani, that next year will see a clear increase in oil production, which will support the state budget and reduce the deficit, adding that the export will face problems due to poor performance of the ports of export oil until the completion of the floating platform in the Arabian Gulf and explained that the oil ministry will try hard to balance between what is issued in 2010, the next oil and the requirements of the general budget, which is expected to be oil revenues $ 60 billion for next year.

http://translate.goo...iraqhurr.org%2F

Edited November 20, 2010 by carlablum

[deenar]

Nice! All of the people in charge of the RV meeting at one time. Hmmmmmm..... Thanks for the post!

[splicer09]

Good post. Thank you Carlablum. God bless and GO RV!!!

[tampa1000]

Good info, thanks Carla....

[blueeyes33773]

Good stuff,,,,THANKS! Carlablum

[honugirl]

SWEEEEET! More positive clues! Thanks for the post, Carlablum! Go RV!!!

Edited November 20, 2010 by honugirl

[Eddinar]

Thanks for the post Carla!