Iraq government advances in financial reform

Iraqi Prime Minister Ali Faleh Al-Zaydi affirmed that the government continues to restructure the core components of Iraq's financial policy by expanding automation systems and gradually shifting towards a performance-based budget within the framework of the 2027 budget project. This statement was made during his meeting in New York with Jihad Azour, Director of the Middle East and Central Asia Department at the International Monetary Fund. They discussed developments in the global economic crisis, its impacts on markets, prices, supply chains, and inflation. The IMF expressed its readiness to continue cooperating with Iraq and to strengthen economic reforms to achieve financial and economic stability.

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