Middle East Economic Survey

VOL. LI

No 51-52

22/29-Dec-2008

IRAQ

IMF Completes Second Review Of Iraqs Stand-By Arrangement

The Executive Board of the IMF announced on 17 December that it had completed the second review of Iraqs economic performance under the Stand-By Arrangement (SBA), which is intended to support the countrys economic reform program through March 2009. The board also completed a financing assurance review under the SDR475.36mn ($729.3mn) SBA which was approved in December 2007....