Iraq Moves Closer to Three-Year Economic Reform Framework with IMF

Iraq's Finance Ministry has announced progress in negotiations with the International Monetary Fund over a three-year economic reform programme covering 2027 to 2029.

Finance Minister Falih Sari said discussions concluded in Amman focused on improving public financial management, establishing a clear monetary policy framework and reforming both state-owned and private banking sectors.

The talks also addressed anti-money laundering measures, electricity sector reform, governance improvements and anti-corruption efforts. Expert-level negotiations are expected to continue to prepare a joint document outlining the reforms and their implementation timetable.