News ID: 151071
Published: 0716 GMT May 09, 2016

IMF official to visit Tehran in near future

IMF official to visit Tehran in near future

First Deputy Managing Director of the International Monetary Fund (IMF) David Lipton is expected to visit Iran in the near future.

Lipton, heading a five-member delegation is scheduled to meet Iranian high-ranking officials including the economic officials, Shana reported.

He will discuss previous agreements with Iran and explore ways to develop cooperation between Tehran and IMF.

The IMF is an international organization headquartered in Washington, D.C., of 189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

Formed in 1944 at the Bretton Woods Conference, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system.


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