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Iraq :, Staff Report for the 2009 Article IV Consultation and Request for Stand-By Arrangement

This 2009 Article IV Consultation highlights that Iraq’s longer-term economic outlook is strong as oil prices and production are projected to increase markedly in the coming years. However, based on conservative oil price assumptions, the external current account and the overall balance of payments are expected to remain in deficit in 2010 and 2011. Similarly, Iraq’s fiscal position is projected to record significant, albeit declining deficits in both years, before returning to a surplus position in 2012
Table Of Contents
Cover; Contents; Executive Summary; I. Introduction; II. Recent Political and Economic Developments; A. Political and Security Situation; Figures; 1. Violence Indicators, January 2007-January 2010; B. Recent Economic Developments; 2. Macroeconomic Indicators; Boxes; 1. Key Structural Reform Achievements since 2003; III. The Authorities' Program for 2010-11; A. Overall Outlook and Program Objectives; 2. Oil Sector Outlook; 3. Average Petroleum Spot Price Jan.1, 2008-Feb. 4, 2010; 4. Oil Price Projections, 2008-12; 3. Poverty and Social Development; B. Medium-Term Macroeconomic Framework
Literary Form
non fiction
"Approved by Juan Carlos Di Tata and David Marston."
Physical Description
1 online resource (92 p.)
Specific Material Designation
Form Of Item

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