Statement at the End of an IMF Mission on Iraq

IMF News, September 12, 2016

Source details

Press Release No. 16/401
End-of-Mission press releases convey preliminary findings after a visit to a country; the views expressed are those of IMF staff and do not necessarily represent the views of the IMF’s Executive Board.
The mission conducted discussions on the first review of Iraq’s 36-month Stand-By Arrangement (SBA) approved by the IMF Executive Board on July 7, 2016. (See Press Release No. 16/321.)
The mission took place in Amman from August 28–September 10, 2016.
IMF staff will prepare a report based on the preliminary findings of this mission that, subject to management approval, will be presented to the IMF's Executive Board for discussion and decision.

IMF staff and the Iraqi authorities started discussions on the first review of the SBA.
These discussions are planned to continue during the upcoming IMF and World Bank Annual Meetings from October 7–9, 2016 in Washington, DC.
The mission team held meetings with senior Iraqi officials and institutions, including:
- Minister of Finance Hoshyar Zebari
- Acting Governor of the Central Bank of Iraq (CBI), Dr. Ali Allaq
- Financial Adviser to the Prime Minister Dr. Mudher Saleh
- Officials from the ministries of finance, oil, planning, electricity
- Officials from the CBI
- Representatives from the Kurdistan Regional Government
- Board of Supreme Audit
- Pension commission

The mission team thanked the Iraqi authorities for their cooperation and for open and productive discussions.
The statement reflects preliminary findings; further staff reporting and Executive Board processes remain.

Press Release No. 16/401, September 12, 2016, International Monetary Fund.