Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests can post but they do have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.


We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."

Get Daily Updates of the NEWS & GURUS in your EMAIL

Enter your email address:

IMF: Reconstruction in liberated cities is slow DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

IMF: Reconstruction in liberated cities is slow

Go down

IMF: Reconstruction in liberated cities is slow Empty IMF: Reconstruction in liberated cities is slow

Post by RamblerNash on Sat Jul 27, 2019 11:20 pm

IMF: Reconstruction in liberated cities is slow

IMF: Reconstruction in liberated cities is slow 16456

Part of a previous meeting of the Executive Board of the International Monetary Fund. "Internet"

Economy News Baghdad

The International Monetary Fund (IMF) said that reconstruction in Iraqi cities liberated from Da'ash is proceeding at a slow pace.

The IMF said in a press release after the conclusion of the Executive Council Article IV consultations for 2019 with Iraq and viewed by the "economy News", the non-oil GDP rose by 0.8% year on year in 2018, referring to "weak implementation of reconstruction And other public investments. "

The IMF stressed that "the gross domestic product (GDP) shrank by about 0.6 percent with the reduction of oil production under the OPEC + agreement," and predicted that "the budget will return to a deficit of 4% of GDP in 2019."

Growth in non-oil GDP is also expected to reach 5.5% in 2019, but will decline again in the medium term.

The IMF warned of two things: "the main risk to the prospects of falling oil prices, which could reduce exports and reduce budget revenues, and thus lead to a sharper decline in reserves or a sharper rise in public debt" and "risks stemming from tensions And the possibility of social unrest in the context of weak public services and lack of progress in the fight against corruption.

The IMF stressed that the Iraqi authorities should "seize the opportunity to improve the security situation and increase oil prices to implement structural policies and reforms aimed at ensuring macroeconomic and financial stability, addressing long-standing social problems and promoting sustainable and inclusive growth."


Posts : 17636
Join date : 2015-02-19

Back to top Go down

Back to top

Permissions in this forum:
You cannot reply to topics in this forum