Middle East Economic Survey

VOL. LIV

No 13

28-Mar-2011

IRAQ

IMF Approves Disbursement Of $471Mn To Iraq

The IMF Executive Board on 18 March announced that it had completed the second review of Iraqs economic performance under the program supported by a stand-by arrangement (SBA). Completion of the second review makes an additional SDR297.1mn ($471.1mn) available for disbursement, bringing the total resources currently purchased by Iraq under the SBA to SDR1.069bn ($1.7bn). The board also...