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1. March 12: IMF Discusses Strengthening Iraqi Dinar
Iraq's delegation concluded its meetings with the International Monetary Fund (IMF)in Amman (February 24-26), with participants including Minister of Finance Taif Sami and the Governor of the Central Bank of Iraq (CBI). Discussions included increasing the use of the Iraqi dinar in major transactions to strengthen the national currency.
2. May 20: IMF publishes Iraq Recommendations
A team from the International Monetary Fund (IMF) concluded a visit with Iraqi officials and issued recommendations.
3. June 27: Iraq should Simplify Access to Foreign Exchange
The IMF said that further efforts are needed to further reduce the spread between the official and parallel market exchange rates, including by imposing Iraqi dinar usage for car and real estate transactions, improving customs controls to curb smuggling, and simplifying access to foreign exchange.
4. July 9: IMF Comments on Iraqi Dinar Exchange Rate
The Executive Board of the IMF said that the CBI should be commended for the successful transition to the new trade finance system, contributing to a reduction in the spread between the official and parallel market exchange rates.
5. July 14: IMF Pushes Reform of Iraq's Banking System
The IMF said that the restructuring of state-owned banks (SOBs) can foster the development of the private sector and improve growth.
6. July 14: Unlocking Iraq's Economic Potential -- IMF Report
The IMF issued a new 19-page report titled: "Unlocking Iraq's economic potential: The role of structural reforms in boosting medium-term non-oil growth."
7. July 18: 64-page Report on IMF Iraq Findings
The IMF issued a more comprehensive 64-page report on its findings.
8. October 22: IMF Upgrades Iraq Forecasts
The IMF revised its forecast for GDP growth in Iraq upwards, and its forecast for inflation downwards.
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