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The IMF and Iraq agreed with the amount of $475,360 SDR, which is 40% of the total quota of the Iraqi government. [9] However, Iraq has drawn $0 from that arrangement amount agreed with the IMF. The reason why Iraq faced the arrangement from the IMF was to gain an economic background for the Iraq government's new economic development program ...
There is considerable confusion (perhaps intentional on the part of dinar sellers) around the role of the International Monetary Fund in Iraq. The IMF as part of the rebuilding of Iraq is monitoring Iraq's finances and for this purpose uses a single rate (not a sell/buy) of IQD 1170 per US$. This "program rate" [14] is used for calculations in ...
EO 13303 is part of a broader endeavor by the Bush administration to exert control over Iraqi oil revenues. The plan centers on the Development Fund for Iraq, created by the United Nations and nominally controlled by the United States, with advice from the World Bank and the International Monetary Fund (IMF). The second part of the plan is EO ...
Iraq's central bank must address continued risks of the misuse of dollars at Iraqi commercial banks to avoid new punitive measures targeting the country's financial sector, a top U.S. Treasury ...
Iraq's central bank will ban five more local banks from engaging in U.S. dollar transactions, a move that comes after meetings with U.S. Treasury officials in efforts to combat money laundering ...
Iraq urged countries on Monday to repatriate their citizens from a sprawling camp in Syria housing tens of thousands linked to the extremist Islamic State group, saying it has become a “source ...
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate stability.
BAGHDAD (Reuters) -U.S. Secretary of State Antony Blinken made an unannounced visit to Iraq on Friday and met with Prime Minister Mohammed Shia al-Sudani to discuss Syria's political transition ...