Bangkok:Finance Minister Faleh Sari has emphasized the need for enhanced cooperation with the International Monetary Fund (IMF) to address Iraq’s economic challenges. This comes amid the country’s ongoing financial crisis influenced by tensions in the Middle East.

According to National Iraqi News Agency, Sari met with Jihad Azour, Director of the IMF’s Middle East and Central Asia Department, during the annual meetings of the IMF and the World Bank Group in Bangkok. The meeting, also attended by the Governor of the Central Bank of Iraq, focused on Iraq’s fiscal and monetary policy challenges.

The Finance Minister highlighted the fiscal pressures Iraq faces and the necessity of leveraging the IMF’s expertise to navigate the evolving economic landscape. Azour reiterated the IMF’s willingness to assist Iraq in overcoming its financial difficulties, stressing the importance of implementing suitable measures to address the country’s challenges.