Economy, Business And Markets

IMF Official Elaborates on Tehran Policies

IMF Official Elaborates on Tehran Policies IMF Official Elaborates on Tehran Policies

Christophe Rosenberg, an advisor of IMF’s Communications Department, discussed the fund’s policies during a conference held in the Central Bank of Iran's headquarters in Tehran on Monday.

“Our new approach is to send a clear message to all the people we communicate with, as it would expand the impact of the message and inspires more people,” CBI’s website quoted Rosenberg as saying.

“The IMF started to enhance transparency of its operations since 2007, mainly by providing easy access to IMF’s data and reports to the public,” he added.

The official also noted that the fund is trying to provide all 189 central banks of member states with classified access to various types of data gathered at the IMF.

Elaborating on the fund’s responsibilities, Rosenberg said the IMF has allocated $1 trillion to central banks across the world, which could be used as lines of credit.

"Preserving international financial stability is IMF’s key task at present," he said, adding that conducting research, granting loans and providing members with technical assistance are other responsibilities of the world financial body.

Rosenberg also said Iran’s quota accounts for 0.75% of IMF's total shares, adding that Iran has been successful in its plan to reform its energy subsidies.

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