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IMF says Iraq’s non-oil GDP growth improves

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IMF says Iraq’s non-oil GDP growth improves
 
    Amr Salem February 29, 2024 1011 2 min
The International Monetary Fund. Photo: AP
 
Baghdad (IraqiNews.com) – The International Monetary Fund (IMF) confirmed on Wednesday that Iraq is making progress in non-oil GDP growth.
 
An Iraqi delegation headed by the Minister of Finance, Taif Sami, held discussions with experts from the IMF in the Jordanian capital, Amman, according to a statement cited by the Iraqi News Agency (INA).
 
The discussions focused on the
 
     economic reform agenda for Iraq, the
     measures adopted by the government to strengthen financial and banking regulations,
     digital infrastructure,
     financial inclusion, and
     public debt concerns, as well as the
     efforts to alleviate the repercussions of global conflicts and their impact on the economy.
 
The Iraqi delegation held discussions related to
 
     increasing non-oil revenues and
     enhancing coordination between financial and monetary policies in Iraq.
 
The IMF experts praised the government’s measures to improve the business climate and stimulate the investment environment, noting that
 
Iraq is making progress in the growth of non-oil GDP.
 
The IMF highlighted the
 
     importance of maintaining economic stability and
     supporting social protection and the
     tremendous success made in preserving financial and economic stability as
     inflation rates dropped and the
     balance of payments improved.
 
The IMF also commended
 
     economic diversification and the
     creation of job opportunities by the private sector.
 
https://www.iraqinews.com/iraq/imf-says-iraqs-non-oil-gdp-growth-improves/

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