The Iraq Economic Monitor provides an update on key economic developments and policies over the previous six months and presents findings from recent World Bank work on Iraq, placing them in a longer-term and global context and assessing the implications of these developments and other changes in policy regarding the outlook for Iraq. Its coverage ranges from the macro-economy
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Introduction Since the crash in Iraqi oil prices from US$61.0 (per barrel) at the end of January 2020 to US$20.7 by mid-April 2020, a crisis compounded by the spread of COVID-19 virus, political vacuum, failed ethno-sectarian polity, to mention but a few, the country has been grappling with quasi-existentialist questions? First, can/should Iraq as a country and
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SEATTLE, Washington — Iraq has been facing some extremely difficult times for nearly two decades now. Despite the success in ending the reign of Saddam Hussein, many people view the Iraq War as having been ineffective and ultimately causing more harm than good. While the reign of ISIS in the country has ended, there is still a long way to go on the journey to economic recovery
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This study by IOM Iraq, Returns Working Group (RWG), and Social Inquiry delves into the various issues and challenges that IDPs consider when assessing the affordability of return, and accordingly, the calculations they make when considering whether or not to remain in displacement. According to the report findings, affordability is less an economic calculation tha
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Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. In the context of the 2019 Article IV consultation with Iraq, the following documents have been released and are included in this package: A Press Release summarizing the views of the Executive Board as expressed during its July 19, 2019 cons
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