IRAQ'S GDP UP 4.6%
IMF - On July 19, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Iraq.
An improved security situation and the recovery in oil prices have improved near-term vulnerabilities. Large fiscal and current account surpluses—around 8 and 6 percent of GDP, respectively—were recorded in 2018, allowing the government to retire domestic debt and accumulate fiscal buffers. Gross international reserves reached $65 billion by end-2018.
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