Iraq : Second Review Under the Stand-By Arrangement, Requests for Waiver of Applicability, Extension of the Arrangement, and Rephasing of Access—Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Iraq.

Publication Date: March 28, 2011
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Summary: A financial program that aims to ensure macroeconomic stability of Iraq was discussed. The Iraqi economy was severely affected in 2009 by the decline in oil prices. Macroeconomic stability was maintained in 2010, despite a highly uncertain domestic and external environment. Policy discussions were framed by Iraq’s medium-term prospects, especially with regard to the development of its vast hydrocarbon resources. Structural reforms under the program aim at improving public financial management.
Series: Country Report No. 11/75
Subject(s): Budget deficits | Central bank autonomy | Economic growth | Economic indicators | Exchange rate management | Fiscal reforms | Oil production | Staff Reports | Stand-by arrangement reviews

Publication Date: March 28, 2011
ISBN/ISSN: 9781455231096/1934-7685 Format: Paper
Stock No: 1IRQEA2011001 Pages: 71
US$18.00 (Academic Rate:
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