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The Minister of Finance sets a two-year deadline for reforms.. and the International Monetary Fund renews its support for Iraq.

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14/10/2026 | 10:29 AM

Finance Minister: Iraq is committed to economic reforms and the International Monetary Fund praises the government's efforts
Finance Minister Faleh Sari announced today, Wednesday, Iraq's commitment to continue financial reforms and enhance the role of the private sector, while the International Monetary Fund praised the government’s efforts in adopting economic and financial reforms.
The ministry stated in a statement received by the Video News Agency that Sari participated in the annual meetings of the International Monetary Fund and the World Bank Group in Bangkok and held meetings with officials from the fund to discuss the economic and financial conditions, reform priorities, and technical cooperation.
The minister affirmed his confidence in the possibility of achieving financial reforms within the next two years, pointing out that the government is working on preparing solutions to address the repercussions of the Strait of Hormuz crisis on the Iraqi economy, in addition to supporting the private sector and alleviating the pressures it faces and expanding investment opportunities.
For their part, IMF officials confirmed their commitment to continue supporting Iraq and utilizing the fund's expertise and resources to successfully implement the reform path.