Iraq and the IMF are discussing cooperation. And start meetings soon to support a reform program
January 18, 2024 02:34 PM
Live: Prime Minister Mohammad Shiaa Al-Sudani, Director General of the International Monetary Fund, Kristalina Georgieva, met on the sidelines of his participation in the Davos Economic Forum held in Switzerland.
During the meeting, according to a statement issued today, Thursday, by the Prime Minister’s Information Office, they discussed financial cooperation relations between Iraq and the International Monetary Fund, within the framework of supporting the development path in Iraq.
Al-Sudai referred to the government’s plans in the field of economic and financial reform, as a gateway and basis for all reforms planned by the government in all vital sectors.
Georgieva welcomed Iraq’s accession to a non-financing program to support economic reforms, as meetings with the Fund begin next month to implement this program, and praised the steps taken by the government in the field of the financial and banking system, improving the business and investment environment, expressing her understanding of Iraq’s privacy and the challenges it faces.
In a separate context and on the sidelines of the Davos events, the Prime Minister met with the President of the Swiss Confederation, Viola Amherd.
The meeting dealt with bilateral relations between the two countries, and ways to develop them in various economic, banking, security, diplomatic and cultural fields, and the agreement to start bilateral consultations for the purpose of activating the joint committee between Iraq and Switzerland, which has been suspended for more than 3 decades.
The vital development path project, and important opportunities in it, which Swiss companies can invest and participate, was also discussed.
The Prime Minister expressed his appreciation for the position of the Swiss side and its cooperation with Iraq in the return of precious artifacts belonging to Iraqi civilizations, which were smuggled during the past years.
On the war on Gaza, Al-Sudani stressed that stopping the aggression is the key to the return of stability to the region, and constitutes a moral and humanitarian responsibility of the international community, the countries of the European Union and the rest of the major countries.
For her part, Amhird affirmed her country’s support for efforts to stop the war, end the suffering of the Palestinian people, and Switzerland’s readiness to provide all forms of urgent humanitarian assistance to the Palestinians.