Iraq Participates in Spring Meetings and Discusses the Global Economic Report

The official Iraqi delegation, comprising the Ministry of Finance and the Central Bank of Iraq, is participating in the Spring Meetings of the International Monetary Fund and the World Bank, where the details of the World Economic Outlook report and its impacts are being reviewed and discussed. Official statements from the Iraqi delegation confirmed that the meetings will seriously address the projections of rising global inflation rates and the optimal ways to confront them and protect national economies. The delegation will present the Iraqi government's vision and its reformist policy seeking sound integration into the global economy, and discuss the prospects for technical and financial cooperation with international institutions to enhance macroeconomic stability. The government affirms its continuous commitment to updating its monetary and fiscal policies to align with the new international realities brought forth by the report, ensuring the minimization of imported inflationary effects and the protection of the Iraqi citizen's standard of living, while continuing the implementation of sustainable developmental projects included within the federal budget.