Author
International Monetary Fund. Middle East and Central Asia Dept.
Publication Date
2017
Publication Place
Washington, D.C. -
International Monetary Fund
Subject
Computer Programs: Other, Data Collection and Data Estimation Methodology, Debt Management, Debt, Debts, Public, Econometrics & economic statistics, Energy: Demand and Supply, Expenditure, Expenditures, Public, Finance, Financial Risk Management, Fiscal policy, Fiscal stance, Industries: Energy, Macroeconomics, National Government Expenditures and Related Policies: General, Oil prices, Petroleum, oil & gas industries, Prices, Public debt, Public finance & taxation, Public Finance, Revenue administration, Revenue, Sovereign Debt, Statistics, Taxation, Subsidies, and Revenue: General, Iraq
Type
Book
Language
Arabic
Digital
Yes
Manuscript
No
Pages Count
151
Library
Wesleyan University Library
Library Asset ID
ISBN : 9781484318799, ISBN : 148431879X, ISBN : 9781484318829, ISBN : 148431882X, ISBN : 9781484318782, ISBN : 1484318781
Record ID
alma9932831336903768
Library Location
See online access
Date
2017
Notes
Iraq is an oil-dependent and state-dominated fragile economy that has been hit hard by the conflict with ISIS and the fall in oil prices. The conflict has hurt the economy through displacement and impoverishment of millions of people, and destruction of infrastructure and assets. The oil price decline has resulted in a massive reduction in budget revenue, pushing the fiscal deficit to an unsustainable level. The authorities are responding to the crisis with ambitious but necessary fiscal adjustment while maintaining their commitment to the exchange rate peg, which provides a key nominal anchor in a highly uncertain environment.
Baskı
1st ed.
Seri
IMF Staff Country Reports, IMF Staff Country Reports; Country Report ; No. 2017/251