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