IMF: Iraq economic outlook remains positive

littlekracker at 00h40
20
Apr
2010
IMF: Iraq economic outlook remains positive

IMF: Iraq economic outlook remains positive
Monday, 19 April 2010 17:06

Following a strong economic performance, the Iraqi economy has been seriously affected by the drop in oil prices from their peak levels in mid-2008. As a result, Iraq’s external position deteriorated substantially in 2009, with both the external current account and the overall balance of payments shifting into large deficits of about 20 percent
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