Press Release: IMF's Krueger Welcomes Iraq's New Banknotes
IMF News, July 7, 2003
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- Press Release: IMF's Krueger Welcomes Iraq's New Banknotes
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Bibliographic details
- Published: July 7, 2003
Key announcement
- Press Release No. 03/104
- Date: July 7, 2003
- Speaker: International Monetary Fund (IMF) Acting Managing Director Anne Krueger
- Quoted statement by Anne Krueger: "the availability of an adequate supply of domestic currency, one that is both secure and includes appropriate denominations to facilitate its use by the Iraqi people, represents an important step toward the restoration of economic activity and of a working payments system. Accordingly, we support this initiative and encourage its timely implementation,"
IMF role and activities in Iraq
- The IMF is assisting in the process of reconstruction and recovery in Iraq.
- The initial focus of the IMF's work in Iraq has been technical assistance and advice in the IMF's areas of responsibility, including advice in the monetary area.
- This work is being carried out in close cooperation with other organizations and donors.
Source: Press Release No. 03/104, July 7, 2003, International Monetary Fund.