Iraq to Loosen Purse Strings?

By John Lee.

A new report from the International Monetary Fund (IMF) predicts more government spending in the current year.

In its Regional Economic Outlook for the Middle East, the IMF says:

“In Iraq, the fiscal stance is expected to loosen somewhat as the receipt of previously delayed donor financing relaxes the cash constraint faced in 2016.”

The full report can be viewed here.

(Source: IMF)

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