This web page presents information about the work of the IMF in Iraq, including the activities of the IMF Resident Representative Office. Additional information can be found on the Iraq and IMF, including IMF reports and Executive Board documents that deal with Iraq.

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Iraq: At a Glance

  • Current IMF membership: 189 countries
  • Iraq joined the Fund on December 27, 1945; Article XIV
  • Quota: SDR 1,188.40 million
  • Outstanding Loans: SDR 1,069.56 million
  • The last Article IV Executive Board Consultation was on August 18, 2015

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Iraq and the IMF

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Regional Economic Outlook

REGIONAL ECONOMIC OUTLOOK Update

Middle East, North Africa, Afghanistan, and Pakistan

April 2016

In 2016, low oil prices and deepening conflicts continue to weigh mightily on the economies of the MENAP region. Oil exporters are facing another year of heavily reduced oil export revenues, and require ongoing fiscal consolidation and reforms to cope with these losses and to diversify their economies away from oil. Oil importers are experiencing uneven and fragile growth, and need to adjust to the challenges of spillovers from their oil-exporting neighbors and the threat from conflicts. Read the report