Iraq’s economy continued its recovery after the sharp, pandemic-induced recession in 2020 but growth constraints in the oil sector have reemerged. After moderating in 2022, consumer price inflation ticked up in early 2023, fueled by the depreciation of the Iraqi dinar in the parallel market. Fiscal and external account balances benefitted from the oil windfall in 2022 but this trend significantly moderated in early 2023. The new budget is excessively...
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2023/07/28
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184286
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2023/07/31
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Iraq Economic Monitor : Reemerging Pressures - Iraq’s Recovery at Risk
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Citation
Kazemi Najaf Abadi,Majid; Maseeh,Ashwaq Natiq; Alsharkas,Zeina; Hassan,Syed Mehdi.
Iraq Economic Monitor : Reemerging Pressures - Iraq’s Recovery at Risk (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099453507282342287