Assembly kicks off the annual IMF and World Bank in Japan with the participation of Iraq

BAGHDAD / obelisk: launched in the Japanese capital Tokyo, Friday, the annual assembly of the IMF and the World Bank with the participation of the Central Bank of Iraq.



The governor of the Central Bank of Iraq Sinan Shabibi for "obelisk", "The meeting is held with the participation of the Executive Director of the International Monetary Fund (IMF), Christine Lagarde and World Bank President Jim Yong, in addition to the 188 central banks worldwide."



He pointed out that "the purpose of the meeting follow-up actions of the international financial institutions to financial crises afflicting large areas of the world, in addition to Europe and the United States."



Shabibi said that "the Iraqi delegation focused during his attendance of the meeting shared files economy and preserve the value of the currency and rising global food prices and diversify the sources of economic growth and private sector support."



For his part, Deputy Governor of the Central Bank of Iraq the appearance of Mohammed Saleh "obelisk", "The paper Iraq during the meeting will focus on several aspects that will improve the banking business in the country."



Saleh pointed out that "the subject of pushing the private sector tributary of the economy and not to rely on only one of the most important oil vocabulary Iraqi paper at the meeting."



The director of the International Monetary Fund Christine Lagarde expressed concern about "uncertainty" surrounding the economic recovery and push the IMF to reduce the economic forecasts, and is considered a recovery sustained an increasingly complex task, focused as it was expected the euro zone, which remains its opinion epicenter of the crisis.



The director called the International Monetary Fund to give euro-zone countries financially troubled Spain, Portugal and Greece more time to be able to solve its financial problems and restore the stability of their economies.



The Finance ministers and central bank governors of the Group of Seven leading a meeting, on Thursday (the 11 of October, current |) on the sidelines of meetings of the IMF and World Bank annual in Tokyo to discuss the sovereign debt crisis of the euro area and fiscal policy mysterious to the United States.


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