Middle East Economic Survey

VOL. XLVII

No 41

11-October-2004

IMF Emergency Assistance Opens Door To Iraq Debt Relief Talks

The recent approval by the International Monetary Fund (IMF) of $436.2mn in emergency post-conflict assistance for Iraq has opened the door for discussion of the countrys debt with the Paris Club, although the timing is not determined yet, MEES learns from authoritative sources. The assistance was made possible after Iraq settled its overdue financial obligations, which...