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imageDUBAI: The International Monetary Fund will finalise an agreement with Iraq in the coming days for a programme to monitor its economy, the fund's Middle East director said on Tuesday.

The monitoring programme would establish a track record of effective performance on the part of the Iraqi authorities which could lead to a finance programme being agreed next year, Masood Ahmed told Reuters on the sidelines of a conference in Dubai.

Iraqi authorities agreed last month to have the IMF monitor Baghdad's economic polices, with the programme aimed at reining in spending and reducing Iraq's budget deficit.

Copyright Reuters, 2015

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