Iraq: Staff Report for the 2005 Article IV Consultation
IMF Staff Country Reports, August 16, 2005
Source details
- Canonical URL
- Iraq: Staff Report for the 2005 Article IV Consultation
Other formats
Bibliographic details
- Published: August 16, 2005
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451819083.002
Summary findings
- There has been a marked deterioration in Iraq’s human development indicators over the last twenty years.
- There is relatively little firm data on the balance of payments other than on oil exports, government imports of goods and services, and external reserves.
- There were large current account deficits in 2004 and 2005, reflecting high levels of imports related to reconstruction and recovery.
- The Iraqi government has begun to engage with official creditors in line with the Paris Club agreement.
Balance of payments and external sector
- Available firm data are limited to:
- oil exports
- government imports of goods and services
- external reserves
- Large current account deficits recorded in:
- 2004
- 2005
- Primary drivers of deficits:
- high levels of imports related to reconstruction and recovery
Policy engagement and debt treatment
- The Iraqi government has begun to engage with official creditors consistent with the Paris Club agreement.
Publication and document identifiers
- Date: August 16, 2005
- Pages: 66
- Volume: 2005
- Issue: 294
- DOI: https://doi.org/10.5089/9781451819083.002
- ISBN: 9781451819083
- ISSN: 1934-7685
- Series: Country Report No. 2005/294
- Stock No: 1IRQEA2005001
International Monetary Fund. "Iraq: Staff Report for the 2005 Article IV Consultation", IMF Staff Country Reports 2005, 294 (2005), August 16, 2005.