Iraq : First Review Under the Stand-By Arrangement and Financing Assurances Review Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Iraq

Author/Editor:

International Monetary Fund

Publication Date:

September 15, 2008

Electronic Access:

Free Full text (PDF file size is 662 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The First Review under the Stand-By Arrangement (SBA) discusses policies focused on measures to accelerate the reconstruction of the Iraqi economy while maintaining macroeconomic stability. Inflation has slowed down, and monetary and exchange rate policies have been adjusted. The Central Bank of Iraq (CBI) will increase the pace of appreciation of the dinar and keep the policy interest rate positive in real terms to keep inflation under control. Restructuring plans for the two largest state-owned banks will be developed on the basis of their finalized financial and operational audits.

Series:

Country Report No. 08/303

Subject:

English

Publication Date:

September 15, 2008

ISBN/ISSN:

9781451819168/1934-7685

Stock No:

1IRQEA2008002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

52

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