Low Oil Prices Have Made Economic Stability Dream Difficult

Low Oil Prices Have Made Economic Stability Dream Difficult

Iraqi Dinar 123 News:– International Monetary Fund discussed the falling trend towards oil prices, Along with this Mohammed Jawad accept finance minister Hoshyar Zebari, Political, economic, and Security plans to organize the programs in the coming days and especially 2015 budget. The debate on the Iraq budget was also taken place and it was discussed that how to bring out the best possibilities to ensure the best parts of the services.

Zebari said, we are looking into consideration the annual consultation with the international monetary fund, which is helping the Iraq to come out of the financial crisis. Iraq is depending on its oil sector and the impact of the deterioration of the oil prices and economic none oil activity international needs. The exchange market views and role of the international monetary fund to help Iraq through this difficult phase.

Finance minister also explained the consultation with the International Monetary Fund because IMF considers Iraq as an important country for the global economic development. IMF also promised to train the financial institutions to achieve their financial goals in the longer run. And this will impact the economy of Iraq in a better way.

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