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Iraq to attend the annual meetings of the World Bank and International Monetary Fund / report

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Roxy

Roxy

Iraq to attend the annual meetings of the World Bank and International Monetary Fund / report

8/10/2009 10:59 am

The Minister of Finance Baqir al-Zubaidi and his accompanying delegation, Salah Abdel Salam Consul General for Iraq in Istanbul on Tuesday morning

The opening of the annual meetings of the World Bank and International Monetary Fund in Istanbul, which was the opening of the meetings detailed speech of the Prime Minister of Turkey Recep Tayyip Erdogan, who pointed out the importance of these meetings and is expected to be achieved for the benefit of the peoples of low-and middle-income and welfare of the world and progress.

The Information Office of the Ministry of Finance's (Agency Iraqi media / conscious)"The Chairman of meetings, the Geo provided details of what the World Bank and International Monetary Fund in order to provide the necessary funds for the rehabilitation of various economies to contribute to and seriousness in addressing the global financial crisis that turned into an economic crisis provided a breakdown of the various policies and actions undertaken by the World Bank and International Monetary Fund that would provide potential out of this crisis. "

Have also been listening to the word, World Bank President Robert Zoellick.

Have addressed the importance of supporting the World Food Program and address the effects of global financial crisis that it had been left between outright recession in the last year, which would leave more than 90 million people will be deprived of their jobs and there are fifty thousand children die in the desert areas of Africa in addition to the impact on income and vulnerable medium significantly affected their lives pension.

He also pointed to World Bank procedures and the abundance of financial support in order to contribute in addressing the crisis and referred to the international efforts of Japan and China and other countries and achieved growth rates and contributing to address the crisis.

The Director of the IMF Petraeus speech was decided by the policies and procedures adopted by the Fund since the beginning of the global financial crisis to contribute in addressing the serious global financial crisis and the Fund provided financial support and cooperation with countries with strong economies such as Japan, China and the collective actions taken during the year the past and those that can be adopted in order to meet the challenges they face together.

He referred to the possibility of global economic growth up to 3% in spite of challenges because the demand is still sputtering, employment and employment is still growing and a large number of people added to the large numbers that are below the poverty line.

Therefore we still need more action, especially in stimulating the private sector to achieve growth and stability also requires address the budget caused by a large deficit in some countries, such as the United States and the large surplus in other countries.

He referred to the decisions of the Group of Twenty to work together to develop appropriate policies and measures of financial, economic, and provide the necessary funds to meet these challenges, but there are others who need to participate, especially those which are important economic forces in the international community.

He has emphasized the need that we all work together to protect the world and its inhabitants the (7) billion and the International Monetary Fund will be fun to work with all States to achieve stability and protection for all.

Both the Chairman of the Committee of Finance and Development Committee the findings during the meeting, which focused on the importance of continuing the implementation of decisions and actions taken by the major industrial countries and the Group of Twenty to achieve growth and stability in and out of the global crisis.

Was followed by the words of a number of countries all of which emphasized the importance of cooperation among all States without exception to achieve prosperity and stability and protect the world.
On the sidelines of the annual meetings of the World Bank and International Monetary Fund, HE The Minister of Finance for important meetings with the delegations participating in the meetings of the Deputy U.S. Secretary of State and Assistant Secretary of U.S. Treasury and Finance Ministers of France, Jordan, Lebanon and the meeting of the Arab Group and the joint discussions with the IMF.


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