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The International Monetary Expects Iraq’s Budget Deficit Of 22%

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ikea


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The International Monetary Expects Iraq’s Budget Deficit Of 22%

Economy News _ Baghdad

The International Monetary Fund expected, on Monday, that Iraq's budget deficit would reach 22% of GDP.

"The economy may contract by up to 10%," the Fund said in a report, seen by "Al-Ektissad News", 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."

And the World Bank expected in a previous report that "the Iraqi GDP per capita will drop to 4282 dollars, the lowest level since 2006."

Number of observations 27 Date of addendum 10/26/2020

tlm724

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The international monetary expects a deficit in the Iraqi budget of 22 percent
Monday 26, October 2020 13:34 | EconomicalViews: 93

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."

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

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