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Iran urges for expansion of banking ties with IMF, WB

Business Materials 12 October 2016 13:50 (UTC +04:00)
Iranian Minister of Economic Affairs and Finance Ali Tayebnia has urged the International Monetary Fund (IMF) and the World Bank (WB) to expand their ties with Iran regarding the financial and banking issues.
Iran urges for expansion of banking ties with IMF, WB

Baku, Azerbaijan, Oct. 12

By Khalid Kazimov – Trend:

Iranian Minister of Economic Affairs and Finance Ali Tayebnia has urged the International Monetary Fund (IMF) and the World Bank (WB) to expand their ties with Iran regarding the financial and banking issues.

Tayebnia said Iran in the post sanctions era expects the IMF and WB to upgrade their ties with the Islamic Republic, IRNA news agency reported Oct. 12.

He made the remarks following his recent visit to Washington DC where he attended the World Bank Group’s annual meeting.

During the visit, which was launched Oct. 6, Tayebnia held talks with his counterparts from several countries.

The International Monetary Fund hosted the 2016 annual meetings of the IMF and the World Bank Group on Oct. 7-9 in Washington DC.

The Annual and Spring Meetings of the IMF and the World Bank Group each year bring together central bankers, ministers of finance and development, private sector executives, civil society and academics to discuss issues of global concern, including the world economic outlook, global financial stability, poverty eradication, jobs and growth, economic development and aid effectiveness.

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