Iraq in Talks with IMF on Three-Year Reform Framework

By John Lee.

Iraq and the International Monetary Fund (IMF) have concluded a round of negotiations in Amman, Jordan, making progress towards an IMF-supported reform programme for the coming years. Finance Minister Faleh Sari said the discussions focused on establishing a medium-term reform path for 2027-2029.

According to the Ministry of Finance, the reform programme aims to improve Iraq's public finances, establish a clear monetary framework to stabilise monetary policy, and strengthen the banking sector - including both state-owned and private banks. Talks also covered anti-money laundering and counter-terrorism financing measures, electricity sector reform, and improvements to governance and anti-corruption frameworks.

The minister confirmed that expert-level negotiations will continue in the coming period, with the aim of producing a joint document setting out a financial reform framework and a three-year implementation timetable.

(Source: Ministry of Finance)

Related posts:

Meeting to address delays in Ali Al-Wardi Residential City Project Iraq Now a Key Land Bridge for TIR Transit Trump Warns Against Return of Maliki as Prime Minister Škoda Signs Iraq Distribution Deal