Economic Events: IBC Members meet with the Mission of the International Monetary Fund (IMF) to Iraq
On Monday November 28th 2022 a meeting was held with the mission International Monetary Fund to Iraq at the offices of the Iraqi Business Council.
The mission was headed by the President of the mission, Mr. Tokhir Merzoev, in the presence of the non-resident mission Representative to Iraq, Dr. Ghazi Shbekat, and members of the mission; Mr. Roberto Perly, Mr. Leng Lu, Mr. Muhib Malik, Mr. Ali Abbas and Ms. Ghadeer Nofel. On IBC part, the meeting was attended by IBC Deputy Chairman & Secretary-General, Dr. Saad Naji, IBC Board member, Mr. Mekki Al-Faiz, and IBC members; Dr. Bashar Abdul Rahman, Mr. Abdul Rahman Thabit Al-Ani, Mr. Muhammad Shanshal, Mr. Ghaith Al-Rawi, IBC Advisor for International Organizations, Mr. Humam Miskoni and Mr. Hamza Al-Safi.
During the meeting, several topics were discussed on the local economic developments and expectations in Iraq, developing the private sector and the challenges the private sector faces and the business environment, noting that IMF mission to Iraq considers IBC an advisory and reference body when IMF issues its annual reviews on the economic situation in Iraq.
The idea of establishing the Iraqi Business Council is based on the common desire generated by a number of elites. Those who are Iraqi investors and businessmen on the territory of the Hashemite Kingdom of Jordan unanimous in the importance of creating economic reference for them, as well as for those who wish to join them in order to maximize Iraq’s investment in Jordan, as well as to contribute actively to Iraq’s construction and reconstruction.
The idea of establishing the Iraqi Business Council was well-founded and blessed by the Government of the Hashemite Kingdom of Jordan. Accordingly, the approval of the competent Jordanian authorities was commended for launching the Iraqi Business Council in Jordan.
