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The International Monetary Expects Iraq’s budget deficit of 22 percent

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Post by RamblerNash Tue Oct 27, 2020 9:54 pm

The International Monetary Expects Iraq’s budget deficit of 22 percent 865109-f365d7d0-d2c6-4f49-8c12-bb9660d612f3
Monday 26, October 2020 13:34 | Economical Views: 332
 
Baghdad / NINA / The International Monetary Fund expects that Iraq's budget deficit will reach 22% of GDP.

The fund said in a report, that "the economy may contract by up to 10%," expecting that "Iraq's budget deficit will reach 22% of GDP."

The fund added that "the deficit is the worst in the Middle East and North Africa."

The World Bank predicted in a previous report that "the Iraqi GDP per capita will drop to 4282 dollars, the lowest level since 2006." / End 8

https://ninanews.com/Website/News/Details?key=865109

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