The Minister of Finance discussed with the International Monetary Fund delegation the developments in financial and economic reforms.
Details:
Finance Minister Muhammad Yoser Barnia met with a delegation of International Monetary Fund experts led by Ron Van Roden to discuss developments in financial and economic reforms, macroeconomic prospects and growth estimates, in addition to progress in the preparation of the country's general budget.
The meeting reviewed the overall financial framework and the economic model tools approved by the Ministry of Finance, where the delegation praised the improvements achieved in the field, the performance of the general budget and the correctness of its execution according to the planned route.
The two sides discussed preparations for the visit of the Fund's mission to conduct consultations in Section IV, scheduled to take place during the first quarter of 2027, in addition to developments in the debt sustainability analysis, which is nearing completion.
At the meeting, we discussed ways to handle the arrears file, when the delegation expressed its appreciation for the proposed solutions, and praised the reforms seen in the general budget and the progress in increasing the level of transparency. ◾ The discussions dealt with efforts to reform the tax system and the financial sector, including the insurance, financial markets and real estate financing industries, in addition to state-owned banks.
The Ministry of Finance announced its intention to organize a workshop to reform the support system at the end of the delegation's visit, with the aim of developing a policy on directing support to vulnerable groups.