Wednesday, March 19, 2025

TIDBIT FROM FNU LNU , 19 MARCH

  Fnu Lnu   

Article: "Iraq's delegation concluded its meetings with the International Monetary Fund (IMF) in Amman, with participants including Minister of Finance Taif Sami and the Governor of the Central Bank of Iraq (CBI).  

 Discussions focused on Iraq's economic performance and sustainable growth prospects, with the IMF acknowledging the progress made.  Key discussions included: Non-oil GDP growth of 5% in 2024...Reduced dependence on oil revenues, improving economic diversification and stability...

Increased use of the Iraqi dinar in major transactions to strengthen the national currency. The IMF reaffirmed its support for Iraq's financial policy development...

The meetings underscored Iraq's commitment to fiscal reforms, promoting economic stability and investment-friendly policies..."  Today's report bode well for the RV. All topics of discussion can be seen as fulfilling requirements set forth by the governing authorities.

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