Walkingstick » January 19th, 2017
Statement by an IMF Mission on Iraq
January 19, 2017
End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. This mission will not result in a Board discussion.
The Iraqi authorities and the staff of the International Monetary Fund (IMF) held discussions in Baku, Azerbaijan from January 15–19, 2017 ahead of the second review of Iraq’s 36-month Stand-By Arrangement (SBA) that the IMF Executive Board approved on July 7, 2016 ( See Press Release No. 16/321). The first review under the SBA was completed on December 5, 2016 (See Press Release No. 16/540)
.
Mr. Christian Josz, Mission Chief for Iraq, issued the following statement:
“The Iraqi authorities have made good progress on implementing economic reforms under the SBA.
“The Iraqi authorities and IMF staff will hold discussions on the second review of the SBA in March 2017.
“During the discussions, the team met with Acting Governor of the Central Bank of Iraq (CBI), Dr. Ali Mohsen Ismail Al-Allaq, Deputy Finance Minister, Dr. Fadhil Nabee Othman, the Financial Adviser to the Prime Minister Dr. Mudher Saleh, and officials from the ministry of finance, the CBI, the ministry of planning, the ministry of oil, the State Oil Marketing Organization, the Central Statistical Office and representatives from the Kurdistan Regional Government. The team would like to thank the Iraqi authorities for their cooperation and the open and productive discussions.”
http://www.imf.org/en/News/Articles/2017/01/19/mcs01192017-Statement-by-an-IMF-Mission-on-Iraq
Iraq signed an agreement with the US side on the Eurobond
Thursday January 5, 2017
Dr. Fadhil Nabi Othman, Undersecretary of the Ministry of Finance signed with US Deputy Ambassador in Baghdad on Thursday, 01.05.2017 loan guarantee between the Iraqi Government and the Government of the United States of America Agreement
Agreement includes the United States government to provide security of the Iraqi Foreign government bonds which will be issued during this month and a $ 1 billion
The provision of this guarantee Iraq for funding will result in the amount of 1 billion dollars and a low interest rate on the other hand will help this guarantee on the entry of Iraq into the global capital markets for funding
The issuance of these external bonds comes based on the general budget and included the issuance of foreign law bonds worth $ 2 billion to finance the budget deficit
http://www.mof.gov.iq/Pages/MOFBannerHeadlineDetail.aspx?BannerNewsID=178#
Don961 » January 19th, 2017
January 19, 2017
End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. This mission will not result in a Board discussion.
The Iraqi authorities and the staff of the International Monetary Fund (IMF) held discussions in Baku, Azerbaijan from January 15–19, 2017 ahead of the second review of Iraq’s 36-month Stand-By Arrangement (SBA) that the IMF Executive Board approved on July 7, 2016 ( See Press Release No. 16/321). The first review under the SBA was completed on December 5, 2016 (See Press Release No. 16/540)
.
Mr. Christian Josz, Mission Chief for Iraq, issued the following statement:
“The Iraqi authorities have made good progress on implementing economic reforms under the SBA.
“The Iraqi authorities and IMF staff will hold discussions on the second review of the SBA in March 2017.
“During the discussions, the team met with Acting Governor of the Central Bank of Iraq (CBI), Dr. Ali Mohsen Ismail Al-Allaq, Deputy Finance Minister, Dr. Fadhil Nabee Othman, the Financial Adviser to the Prime Minister Dr. Mudher Saleh, and officials from the ministry of finance, the CBI, the ministry of planning, the ministry of oil, the State Oil Marketing Organization, the Central Statistical Office and representatives from the Kurdistan Regional Government. The team would like to thank the Iraqi authorities for their cooperation and the open and productive discussions.”
http://www.imf.org/en/News/Articles/2017/01/19/mcs01192017-Statement-by-an-IMF-Mission-on-Iraq
Iraq signed an agreement with the US side on the Eurobond
Thursday January 5, 2017
Dr. Fadhil Nabi Othman, Undersecretary of the Ministry of Finance signed with US Deputy Ambassador in Baghdad on Thursday, 01.05.2017 loan guarantee between the Iraqi Government and the Government of the United States of America Agreement
Agreement includes the United States government to provide security of the Iraqi Foreign government bonds which will be issued during this month and a $ 1 billion
The provision of this guarantee Iraq for funding will result in the amount of 1 billion dollars and a low interest rate on the other hand will help this guarantee on the entry of Iraq into the global capital markets for funding
The issuance of these external bonds comes based on the general budget and included the issuance of foreign law bonds worth $ 2 billion to finance the budget deficit
http://www.mof.gov.iq/Pages/MOFBannerHeadlineDetail.aspx?BannerNewsID=178#
Don961 » January 19th, 2017
#Mosul map update.
Green= liberated and under #Iraqi forces control.
Orange= frontline clashes.
White= #ISIS controlled areas.
Green= liberated and under #Iraqi forces control.
Orange= frontline clashes.
White= #ISIS controlled areas.