IMF Issues Iraq GDP growth report

[Luigi1]

Here's an article of Dinarian interests...

IMF Issues Iraq GDP growth report.

Treat as a rumor.  Not verified.  Your opine.

 

 

 

From Other Sources:       The IMF Issues A Report On Iraq’s Economic Policy.   

ARTICLE:  The IMF issued a report on Iraq’s economic policy, expecting Iraq’s non-oil gross domestic product to grow by 5%.

An IMF statement seen by a news agency, “A team of International Monetary Fund experts, led by Jean-Guillaume Poulain, met with representatives of the Iraqi authorities in Amman, Jordan, during the period 12-17 of this December, with the aim of discussing the latest developments, developments & prospects, in addition to discussing plans related to policies in the coming period.”  

 

Bolan said, according to the statement, “The non-oil gross domestic product is expected to grow by 5% in 2023 in light of the significant expansion in public finances within the framework of the effective three-year budget law,” noting that “continuing implementation of the budget should help in continuing Strong non-oil growth in 2024.  

 

However, the decline in oil production after the closure of the oil pipeline linking Iraq and Turkey & the reduction in production at the request of the OPEC+ group, will work together to reduce the growth of the gross domestic product in the years 2023 & 2024.”  

 

He added, “The inflation rate has declined from its peak by 7%t in January of this year & inflation is expected to stabilize during the coming months, thanks to the CBI adopting a more stringent monetary policy & the impact resulting from raising the exchange rate.

 

[Luigi1]

Here's another article related to the above...IMF signed off on everything...

 

 

Nader:        The IMF Signed Off On Everything.

ARTICLE:  The US have signed off on everything & threw the ball to the IMF.   Now everything is in the hand of the IMF.   The World Bank, US Treasury, CBI, all met…This how it’s going to go now.   As soon as they delete all the Dollars from Iraq…things going to change.

 

[Luigi1]

Here's some more articles related to the above...

 

 

Pimpy:          Optimistic.

Article: "IMF expresses optimism about non-oil financial growth in Iraq"   This is a major must for Iraq.   They need... non-oil financial growth...They can't get to this fast enough.  They can't get this to grow quick enough.  The fact they rely so much on oil is going to hurt them instead of benefit them...If oil prices fall, they're back to square one & they'll start devaluing the Iraqi Dinar if they can't find alternative to generate revenue for the state.

Frank26:         IMF Concludes Visit To Iraq.

Article: "IMF Staff Concludes Staff Visit with Iraq"  FROM THE IMF, FROM THE HORSE'S MOUTH... GIVES PERMISSION TO PULL THE FINANCIAL LYNCHPIN ON THE GRENADE OF THE MONETARY REFORM!

[Luigi1]

Here's another article related to the above....the rate change....

 

Jeff:          No Economic Reform Without A Rate Change.

ARTICLE:  The reforms are absolutely waiting on the rate change to implement.  They can’t implement the reforms without changing the rate.  They’re telling you the rate change itself is very clearly waiting & has been waiting this entire year on these provincial elections…

 

[Luigi1]

Here's another article related to the above....article suggests stability in elections in Iraq...

 

 

 

Samson:        This Article Has Stability Written All Over It.

Article:  “Al-Sudani congratulates the winners of the local elections & invites them to interact with his government’s plans“.

 

[fnbplanet]

from the article above:

 

"He added, “The inflation rate has declined from its peak by 7%t in January of this year & inflation is expected to stabilize during the coming months, thanks to the CBI adopting a more stringent monetary policy & the impact resulting from raising the exchange rate.

 

um....  i'm OK with that.

[NWGUY]

Maybe it is time for Bidenomic's!   lmho...that would add another 10 years to the RV!  

[rvmydinar]

18 hours ago, Luigi1 said:

Jeff:          No Economic Reform Without A Rate Change.

I wish