Archive | August 2, 2017

IMF Executive Board Completes Second Review of Iraq’s Stand-By Arrangement and the 2017 Article IV Consultation

02 Aug
Fifty Dinars - Iraq and the IMF

The authorities are appropriately maintaining the peg of the Iraqi dinar to the U.S. dollar, which provides a key anchor to the economy. Measures to prevent money-laundering, counter the financing of terrorism, and strengthen the anti-corruption legislation need to be implemented. The authorities are implementing a sizable fiscal adjustment, mostly through retrenchment of inefficient capital […]