Parliamentary Foreign Affairs confirms Iraq's participation in the Cairo Economic Conference

Published on Tuesday, December 30/1 December 2014 16:15


BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - Parliamentary Committee on Foreign Relations has confirmed the participation of Iraq's economic conference in Egypt, stressing that the general thrust of the government to participate in all international conferences and forums.

Said committee member Mithal al-Alusi's (IMN), that "it is essential that Iraq participates in such conferences, especially in light of the current economic situation in the country." ,

Alusi said that "the lack of Middle Eastern or Arab economic system, has led to the difference between the government's economic policies and other Arab countries."

He called on "the government to pick up intelligence economical security delegation participating in the WRC within your delegation, to follow the leading economic developments, as well as Iraq's debt to some of the Arab countries."

It is hoped that the Arab Economic Conference held in Egypt in early 2015.

From: Raghad Daham, the Open: Charter Shafiq

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IMF to participate in Egypt Economic Summit in February
Oct. 06, 2014 18:15


IMF to participate in Egypt Economic Summit in February
The International Monterey Fund (IMF) Logo
By THE CAIRO POST

CAIRO: The International Monterey Fund (IMF) has expressed its willingness to participate in the Egypt Economic Summit due to be held on Feb. 15.

“The Egyptian authorities have not asked us for a loan, but they have indeed told us that they would like us to participate in the Egypt Economic Summit, and we are happy to do so,” said IMF Managing Director Christine Lagarde in an interview with Asharq Al-Awsat newspaper Sunday.

On Sept. 9, Egyptian Minister of Planning Ashraf al-Araby said both the IMF and World Bank will participate in the Development Partners conference that will be held in the resort town of Sharm el-Sheikh on Feb. 15.

Lagarde praised the economic reforms recently carried out by Egypt, adding that such reforms are encouraging and that the IMF “could provide participants in the conference with an assessment of how those reforms can help restore durable economic stability and sustainable growth to Egypt.”

Regarding macro projects such as the Suez Canal development project, Lagarde said the project could help the budget and Egypt’s balance payment position, although it would take time. She also noted Egypt will still need help from “partners abroad,” to complete it.

The IMF and World Bank said on Sep. 16 at the opening of the Euromoney Egypt Conference that some of the country’s economic reform measures are promising, but that Egypt still must ensure future legislation to return the confidence of investors, Youm7 reported.

http://www.thecairopost.com/news/126568/business/imf-to-participate-in-egypt-economic-summit-in-february