European Parliament Library

Iraq :, First Review Under the Stand-By Arrangement and Financing Assurances Review Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Iraq

The First Review under the Stand-By Arrangement (SBA) discusses policies focused on measures to accelerate the reconstruction of the Iraqi economy while maintaining macroeconomic stability. Inflation has slowed down, and monetary and exchange rate policies have been adjusted. The Central Bank of Iraq (CBI) will increase the pace of appreciation of the dinar and keep the policy interest rate positive in real terms to keep inflation under control. Restructuring plans for the two largest state-owned banks will be developed on the basis of their finalized financial and operational audits
Table Of Contents
Cover; Contents; Executive Summary; I. Introduction; Figures; 1. Violence Indicators, June 2003-June 2008; II. Recent Economic Developments; 2. Output and Inflation; 3. External and Fiscal Indicators; III. Policy Discussions; A. Macroeconomic Outlook and Risks; Box; 1. Recent Developments in Iraq's Debt Restructuring Process; B. Fiscal Policy and Related Measures; 4. Official Fuel Prices in Iraq, 2004-07; C. Monetary and Exchange Rate Policy; 5. Real and Nominal Exchange Rates, January 2004-March 2008; D. Other Structural Issues; IV. Program Monitoring and Financing Assurances
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (54 p.)
Specific Material Designation
Form Of Item

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