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01871cas a2200241 a 4500 |
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AALejournalIMF016948 |
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230101c9999 xx r poo 0 0eng d |
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|c 5.00 USD
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|z 9781498357654
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|a 1934-7685
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
|b Middle East and Central Asia Dept.
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|a Iraq :
|b First and Second Reviews of the Staff-Monitored Program and Request for a Three-year Stand-By Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Iraq.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2016.
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|a 1 online resource (100 pages)
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|a IMF Staff Country Reports
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper discusses Iraq's First and Second Reviews of the Staff-Monitored Program (SMP) and Request for a Three-Year Stand-By Arrangement. The oil price decline has resulted in a massive reduction in Iraq's budget revenue, pushing the fiscal deficit to an unsustainable level. The authorities are responding to the crisis with a mix of necessary fiscal adjustment and financing, maintaining their commitment to the exchange rate peg. The authorities started an SMP in November 2015 to establish a track record of policy credibility and pave the way to a possible IMF financing arrangement. Their performance under the SMP has been broadly satisfactory.
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|a Mode of access: Internet
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|a IMF Staff Country Reports; Country Report ;
|v No. 2016/225
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/002/2016/225/002.2016.issue-225-en.xml
|z IMF e-Library
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