Central confirms the continuation of talks to put the necessary arrangements for the protection of Iraq's money own

14/04/2014 11:53

Tomorrow's Press / Baghdad confirmed Iraqi Central Bank Governor Abdul-Basit Turki, Monday, that the talks lasted over two days between the representatives of Iraq and the IMF and the World Bank on the subject of protection of Iraqi funds abroad and the end of its period of international protection.

He said Turkish for "tomorrow's Press," said that "Iraq was held over the past two days of meetings with the IMF and World Bank Aldollin while still discussions going on between the Ministry of Finance and the Central Bank with financial advisers and legal international to put the necessary arrangements for the fact that Iraq is solely responsible for the protection of his own money."

He stressed that "the twenty-second of the month of May will be the next expiry date of the international protection of Iraqi funds," pointing to "the need for a complete mechanism to ensure the protection of Iraqi funds Iraq by addressing the Government of Iraq to the outstanding issues inherited from the previous regime and settled for files debts and claims of financial and commercial contracts" .

Turki confirmed that "the results of the talks so far reassuring, and there is no danger to the money."

The Minister of Finance and serenity net debt agency said on Monday that the issue of protection of Iraqi funds abroad will discuss with both the IMF and the World Bank during the spring meetings of the two in Washington, pointing out that Iraq does not intend to extend the protection to his money abroad.


http://alghadpress.com/ar/news/12474/المركزي-يؤكد-استمرار-المباحثات-لوضع

Finance Minister confirms that Iraq's intention to extend the protection to his money abroad



14/04/2014 09:20

Tomorrow's Press / Baghdad: Minister of Finance Agency purity of net debt, Monday, that the issue of protection of Iraqi funds abroad will discuss with both the IMF and the World Bank during the spring meetings of the two in Washington, pointing out that Iraq does not intend to extend the protection to his money abroad.

Safi said for "tomorrow's Press," that "the twenty-second of next May is the date for the end of the international protection of Iraqi funds and that Iraq does not intend to extend the period of protection on its assets abroad," pointing out that "Iraq will consult with the U.S. administration and the IMF and the World Bank to discuss how to the protection of Iraq's money, both legal and financial after the time limit. "

"The government does not intend to extend the period of protection, the fact that Iraq has the means capable of providing secondary protection necessary for his money," stressing that "the Iraqi government is serious about the issue of the settlement of the entire debt obligations and agreements signed by the Paris Club."

The net that "Iraq has ended its debt to about 43 countries and the remaining eight countries, only Negotiations are under way to agree on a way to pay that debt," pointing out that "there are also negotiations with trade creditors to reach an agreement with them according to the Paris Club."

Iraq and suffered heavy losses in commercial transactions and binding contracts with the States by the war of eighty and ninety-commissioned contractors losses also forced to leave work inside Iraq in a timely manner.


http://alghadpress.com/ar/news/12454/وزير-المالية-يؤكد-عدم-نية-العراق-تم

Iraqi Minister of Finance discusses Iraq's debt settlement in Washington
14/04/2014 09:13:00

BAGHDAD / NINA / The Acting Minister of Finance, Safa al-Din al-Safi and the Governor Iraqi Central Bank, Abdul- Basit Turki discussed with the deputy head of the International Monetary Fund IMF, Shino Hara Iraq's debt settlement , in a series of spring meetings of the IMF and the World Bank held in Washington.

A source in Safi's office told NINA "The two sides discussed the development of Iraq's relations with the International Monetary Fund in the areas of monetary and financial."

For his part, Shino Hara expressed "the IMF's readiness to provide support and technical assistance to Iraq in the areas of improving financial management and building capacity so as to improve the financial performance in Iraq."


http://www.ninanews.com/english/News_Details.asp?ar95_VQ=HDKMII