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IMF Reaffirms Commitment to Strong Financial Support for Iraq and Notes Progress in Talks with Lebanon

IMF Reaffirms Commitment to Strong Financial Support for Iraq and Notes Progress in Talks with Lebanon

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, affirmed the Fund's commitment to providing strong support to the Iraqi economy through a financing program aimed at enhancing financial stability and developing economic policies in the country.

These remarks came during the closing press conference of the Annual Meetings of the IMF and the World Bank held in Bangkok. Georgieva explained that the support designated for Iraq will not be limited solely to financing, but will also include technical advice and policy guidance to strengthen the economic environment.

On the same regional front, Georgieva pointed to tangible progress achieved in the intensive talks underway with Lebanese authorities toward reaching a comprehensive financial support program. She expressed confidence in the success of the joint efforts and in overcoming the remaining challenges to approve the financing program aimed at supporting Lebanon's economic recovery path.

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