Iraq: Second 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
December 29, 2008
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The second review under Stand-By Arrangement and the financing assurances review highlight Iraq’s economic activity and robust growth. The authorities continue to see the improvement in security conditions, and the related recovery of oil and non-oil activity, as a window of opportunity to move toward a path of high and sustainable growth, in the context of continued macroeconomic stability. The Central Bank of Iraq (CBI) is committed to maintaining its tight monetary stance, including through its exchange rate policy.
Subject: Banking, Expenditure, Foreign exchange, Fuel prices, International trade, Oil exports, Oil prices, Prices
Keywords: authority, branch account, CR, East Africa, envisaged bank restructuring project, export price, Fuel prices, Fund., Global, ISCR, Middle East, North Africa, Oil exports, Oil prices, price, Rasheed bank, reform effort, world oil price
Pages:
52
Volume:
2008
DOI:
Issue:
383
Series:
Country Report No. 2008/383
Stock No:
1IRQEA2008003
ISBN:
9781451819175
ISSN:
1934-7685
