IMF Country Report Iraq 2016

FIRST REVIEW OF THE THREE-YEAR STAND-BY ARRANGEMENT AND FINANCING ASSURANCES REVIEW, REQUESTS FOR WAIVERS OF NONOBSERVANCE AND APPLICABILITY OF PERFORMANCE CRITERIA, MODIFICATION OF PERFORMANCE CRITERIA, AND REPHASING OF THE ARRANGEMENT—PRESS RELEASE; STAFF REPORT; AND STATEMENT BY THE EXECUTIVE DIRECTOR FOR IRAQ The Staff Report prepared by a staff team of the IMF for the Exe

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How Can Iraq Rebuild? By JACK WATLING

The dilemma is that it needs money—and will inevitably lose some to corruption. On Sunday, Haider al-Abadi, the prime minister of Iraq, visited Mosul to herald the success of his army’s nine-month struggle to recapture the city from the Islamic State. In a speech on state television the next day, he declared “the end and the failure and the collapse of the terrorist state of

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Iraq: hanging on. By Nabilah Annuar *

Nabilah Annuar

The economic and financial situation in Iraq remains ever challenging, but improving oil prices and the IMF’s Stand-By Arrangement could place the country in an upward trajectory.   Incessantly damaged by geopolitical tensions, the Iraqi economy is one that is has endured profound challenges it its journey to recovery. A faint light can however be seen at the end of th

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