Sovereign Analysis /
Iraq

Iraq must make hay while the sun shines

  • The IMF’s projections have been revised up on high oil prices with Iraq now set to record large twin surpluses this year

  • But the longer-term outlook remains weak, with limited progress on structural reforms amid a political stalemate

  • With oil high, the risk of debt distress is very low, but it's essential the state reduces its economic dominance

Iraq must make hay while the sun shines
Patrick Curran
Tellimer Research
6 May 2022
Published byTellimer Research

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