Iraq: Staff Report for the 2009 Article IV Consultation and Request for Stand-By Arrangement

International Monetary Fund

No 2010/072, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2009 Article IV Consultation highlights that Iraq’s longer-term economic outlook is strong as oil prices and production are projected to increase markedly in the coming years. However, based on conservative oil price assumptions, the external current account and the overall balance of payments are expected to remain in deficit in 2010 and 2011. Similarly, Iraq’s fiscal position is projected to record significant, albeit declining deficits in both years, before returning to a surplus position in 2012.

Keywords: ISCR; CR; request; government; investment execution; Stand-By Arrangement; request for stand-by arrangement; discussion of Iraq; CBI independence; balance of payments; Budget planning and preparation; Oil prices; Oil exports; Oil; Global (search for similar items in EconPapers)
Pages: 91
Date: 2010-03-16
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=23713 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2010/072

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().