Middle East Economic Survey


No 25


IMF Sustainability Analysis Advocates A Minimum Of 80% Iraq Debt Reduction

MEES learns that the latest IMF Iraq Debt Sustainability Analysis (DSA) calls for forgiveness of at least 80% of the countrys estimated debt of $121bn, and possibly even higher, if the country is to be able to meet its debt repayments in a sustainable manner. The report, signed by Iraqi finance officials, has been provided to the Paris Club and formed the basis of...