Iraq’s Finance Minister Reiterates Commitment to Global Debt Management Standards

Minister of Finance Taif Sami expressed Iraq’s commitment to international best practices in public debt management at the 14th International Debt Management Conference in Geneva. Emphasizing the importance of global expertise, he affirmed the Ministry’s intention to adopt conference recommendations for economic improvement and stability in Iraq.

On Monday, Minister of Finance Taif Sami reiterated the government’s commitment to integrating international best practices in the management of public debt. He emphasized Iraq’s desire to leverage global expertise to enhance its fiscal strategies.

The Ministry of Finance announced that Minister Sami participated in the 14th International Debt Management Conference, hosted by the United Nations Conference on Trade and Development (UNCTAD), in Geneva from March 17 to 19, 2025. This participation illustrates Iraq’s active involvement in global discussions regarding public finance.

During the conference, Minister Sami pledged that the Ministry of Finance would implement the recommendations made, focusing on improving the financial and economic performance of Iraq. This initiative seeks to achieve sustainable development and improve the economic welfare of Iraqi citizens.

Additionally, Sami noted that the conference serves as a strategic forum for exploring methods to enhance debt management and formulate effective financial policies. Such efforts are crucial for fostering financial and economic stability within the country.

In conclusion, Minister Taif Sami’s statements reflect Iraq’s dedication to adopting international standards in public debt management. The Ministry’s engagement in the 14th International Debt Management Conference reinforces its focus on enhancing economic performance and ensuring sustainable development for the nation’s citizens. The commitment to implementing recommended strategies will contribute significantly to the country’s overall financial stability.

Original Source: ina.iq