Cooperation of International Organizations in The Development of Iraq

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IMF (International Monetary Fund) issued a statement on Tuesday (22-01-2013) about Iraq “Growth rate of Iraq is increasing gradually, and this growth rate will help Iraq to give the economic stability and this growth rate will surely contribute in the latest economic reforms of Iraq.

Iraq welcomed the statement of the IMF and said in response “we respect this kind of opinions from IMF; we are really making the good for economic reforms and to create the economic stability in Iraq. We are going to make the business friendly policies in Iraq, and we are near to announce the budget for 2013.

According to the representative of the IMF from named Qusay al-Suhail said on Tuesday that the IMF has offered Iraq to provide the finances for the developmental projects in Iraq. Suhail said IMF wants to give the heavy finances to Iraq on the production of Oil and energy production in Iraq.

Suhail further said that the IMF wants to give the technical assistance to the financial institutions of Iraq to bring advancements in the economic system of Iraq. And this is the way by which Iraq can stand in an international community and its also attractive for Iraqi Dinar investors. Suhail said the both Sides will meet very soon to decide on the agenda about finances and supports for developments in Iraq through modernization of Economic Methods of Dealing in Iraq. There might be possibilities that at the end of Jan, a formal meeting may hold between these two parties and may decide upon the specified project accomplishments, its cost and time of completions.