European Parliament Library

Iraq :, Request for Stand-By Arrangement and Cancellation of Current Arrangement: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Iraq

Iraq showed good progress in undertaking strong macroeconomic policies and implementing economic reforms under the Stand-By Arrangement (SBA). Executive Directors welcomed this, and noted that low investment and stagnating output in the oil sector continue to hamper economic growth. They stressed that the new SBA should maintain macroeconomic stability, facilitate higher investment and output in the oil sector, and move forward with key reforms that were initiated under the previous arrangement. They also emphasized for reduction in inflation, increase in international reserves, and implementation of structural reforms
Table Of Contents
Cover; Contents; Glossary; Executive Summary; I. Introduction; II. Recent Developments; A. Political and Security Situation; Figures; 1. Violence Indicators, June 2003-October 2007; B. Developments Under the Current SBA; Boxes; 1. Shortfall and Offset in Iraqi Oil Exports; 2. Fiscal Developments, 2004-07; 3. Annual Consumer Price Inflation, August 2004-October 2007; 4. Real and Nominal Exchange Rates, January 2004-August 2007; 5. Daily Foreign Exchange Sales and Nominal Exchange Rate, May 2006-September 2007; 6. J.P. Morgan EMBI+ Composite and Iraq Bond Indices, January-October 2007
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (91 p.)
Specific Material Designation
Form Of Item

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