CBI Economic Data

[sirlep33]

Not sure when they changed this or if this has been posted already. Last time I looked though, they only had 60billion in reserves. Now they say they have 63 billion. I also found a link in their news and announcements section a interesting pdf page talking about World Bank Operations in Iraq. May be worth looking at. All of this information found at the CBI's website. http://www.cbi.iq/ Thanks

ECONOMIC DATA

Interest rates

CBI policy rate (valid from 1 Apr 2010)

6%

IQD 7 day deposit

4%

Primary credit facility

8%

Economic indicators

Core inflation (YoY): May 2012

6.24%

Inflation (YoY): May 2012

7.25%

M2 growth (YoY): Apr 2012

24.2%

2012 Forecasts

GDP - real growth rate

11.1%

Budget deficit/GDP

10.0%

Current account surplus/GDP

9.1%

Net foreign reserves

$63B