Finance Minister Taif Sami reiterated Iraq’s commitment to adopting international best practices in public debt management. His participation in the UNCTAD conference highlights the government’s aim to improve financial policies and enhance economic stability. The integration of recommendations from this conference is seen as vital for sustainable development in Iraq.
On Monday, Finance Minister Taif Sami emphasized the Iraqi government’s dedication to implementing international best practices in public debt management. This commitment aims to leverage global expertise to bolster Iraq’s debt management strategies effectively.
Minister Sami represented Iraq at 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. The conference provided a platform for international dialogue on debt management.
During his address, Sami stated that the Ministry of Finance is keen to integrate the recommendations made during the conference, aimed at improving Iraq’s financial and economic performance. He recognized the potential of these measures to foster sustainable development and citizen welfare.
Additionally, Sami underscored the significance of the conference as a strategic venue for enhancing debt management practices and formulating robust financial policies that are essential for maintaining financial and economic stability in Iraq.
In summary, the Iraqi government, through Finance Minister Taif Sami, has reaffirmed its commitment to adopting international standards in public debt management. Participation in the UNCTAD conference represents a proactive approach towards financial stability and sustainable economic growth, emphasizing the importance of international collaboration and expertise in addressing the country’s fiscal challenges.
Original Source: ina.iq