This web page presents information about the work of the IMF in Iraq, including the activities of the IMF Resident Representative Office. Additional information can be found on the Iraq and IMF, including IMF reports and Executive Board documents that deal with Iraq.

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Iraq: At a Glance

  • Current IMF membership: 190 countries
  • Iraq joined the Fund on December 27, 1945; Article XIV
  • Quota: SDR 1,188.40 million

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Iraq and the IMF

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Office Activities

  • Resident Representative Visit to Baghdad

    IMF Resident Representative Gazi Shbaikat concludes a visit to Baghdad where he held several high-level and technical meetings on key economic developments and enhance cooperation with the authorities including the Prime Minister, Governor of the Central Bank, and Minister of Finance among other key ministries and departments. Gazi Shbaikat also met with UN agencies, the World Bank, and IECG ambassadors, where he delivered an economic debrief and stressed the need for enhancing coordination among partners in key support and technical assistance areas.

    March 30, 2023

  • Inflation and Conflict in Iraq: The Economics of Shortages Revisited

    Containing inflation has turned out to be one of the most challenging aspects of economic management in Iraq. This paper posits that conventional as well as unconventional factors explain inflation dynamics in the recent past.

    July 2, 2010

  • Technical Assistance Evaluation Program

    Findings of Evaluations and Updated Program - Evaluation of the Technical Assistance Subaccount for Iraq

    April 4, 2008

  • IMF Sees Global Imbalances Narrowing, but More to Be Done

    Global Imbalances, Africa's Improved Debt Outlook, Nigerian Reform, Burkina Faso's Cotton Crisis, Ghana and Inflation Targeting, Iraq's Progress, Egypt's Reforms Spur Growth, Asian Trade, Baltics' High Growth Rate, News Briefs

    March 31, 2008

  • Resident Representative Visit to Baghdad

    IMF Resident Representative Gazi Shbaikat concludes a visit to Baghdad where he held several high-level and technical meetings on key economic developments and enhance cooperation with the authorities including the Prime Minister, Governor of the Central Bank, and Minister of Finance among other key ministries and departments. Gazi Shbaikat also met with UN agencies, the World Bank, and IECG ambassadors, where he delivered an economic debrief and stressed the need for enhancing coordination among partners in key support and technical assistance areas.

    March 30, 2023

  • Inflation and Conflict in Iraq: The Economics of Shortages Revisited

    Containing inflation has turned out to be one of the most challenging aspects of economic management in Iraq. This paper posits that conventional as well as unconventional factors explain inflation dynamics in the recent past.

    July 2, 2010

  • Technical Assistance Evaluation Program

    Findings of Evaluations and Updated Program - Evaluation of the Technical Assistance Subaccount for Iraq

    April 4, 2008

  • IMF Sees Global Imbalances Narrowing, but More to Be Done

    Global Imbalances, Africa's Improved Debt Outlook, Nigerian Reform, Burkina Faso's Cotton Crisis, Ghana and Inflation Targeting, Iraq's Progress, Egypt's Reforms Spur Growth, Asian Trade, Baltics' High Growth Rate, News Briefs

    March 31, 2008

  • Resident Representative Visit to Baghdad

    IMF Resident Representative Gazi Shbaikat concludes a visit to Baghdad where he held several high-level and technical meetings on key economic developments and enhance cooperation with the authorities including the Prime Minister, Governor of the Central Bank, and Minister of Finance among other key ministries and departments. Gazi Shbaikat also met with UN agencies, the World Bank, and IECG ambassadors, where he delivered an economic debrief and stressed the need for enhancing coordination among partners in key support and technical assistance areas.

    March 30, 2023

  • Inflation and Conflict in Iraq: The Economics of Shortages Revisited

    Containing inflation has turned out to be one of the most challenging aspects of economic management in Iraq. This paper posits that conventional as well as unconventional factors explain inflation dynamics in the recent past.

    July 2, 2010

  • Technical Assistance Evaluation Program

    Findings of Evaluations and Updated Program - Evaluation of the Technical Assistance Subaccount for Iraq

    April 4, 2008

  • IMF Sees Global Imbalances Narrowing, but More to Be Done

    Global Imbalances, Africa's Improved Debt Outlook, Nigerian Reform, Burkina Faso's Cotton Crisis, Ghana and Inflation Targeting, Iraq's Progress, Egypt's Reforms Spur Growth, Asian Trade, Baltics' High Growth Rate, News Briefs

    March 31, 2008

  • Resident Representative Visit to Baghdad

    IMF Resident Representative Gazi Shbaikat concludes a visit to Baghdad where he held several high-level and technical meetings on key economic developments and enhance cooperation with the authorities including the Prime Minister, Governor of the Central Bank, and Minister of Finance among other key ministries and departments. Gazi Shbaikat also met with UN agencies, the World Bank, and IECG ambassadors, where he delivered an economic debrief and stressed the need for enhancing coordination among partners in key support and technical assistance areas.

    March 30, 2023

  • Inflation and Conflict in Iraq: The Economics of Shortages Revisited

    Containing inflation has turned out to be one of the most challenging aspects of economic management in Iraq. This paper posits that conventional as well as unconventional factors explain inflation dynamics in the recent past.

    July 2, 2010

  • Technical Assistance Evaluation Program

    Findings of Evaluations and Updated Program - Evaluation of the Technical Assistance Subaccount for Iraq

    April 4, 2008

  • IMF Sees Global Imbalances Narrowing, but More to Be Done

    Global Imbalances, Africa's Improved Debt Outlook, Nigerian Reform, Burkina Faso's Cotton Crisis, Ghana and Inflation Targeting, Iraq's Progress, Egypt's Reforms Spur Growth, Asian Trade, Baltics' High Growth Rate, News Briefs

    March 31, 2008

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Regional Economic Outlook

April 18, 2024

October 2023 SSA REO Cover for blurb - PT

An Uneven Recovery amid High Uncertainty

The Middle East and North Africa and the Caucasus and Central Asia regions are positively impacted by the resilience of the global economy. Lower global commodity prices and vigilant policy responses have helped ease inflation in most countries. However, uncertainty and risks have risen amid ongoing conflicts, shipping disruptions, and reduced oil production. This is leading to an uneven recovery across the Middle East and Central Asia, with growth rates varying this year. Policymakers need to ensure economic stability and debt sustainability while navigating geopolitical risks and improving medium-term growth prospects. Amid high uncertainty, it is essential that countries implement reforms to enhance their fundamentals, including by strengthening institutions. Additionally, countries can seize potential economic opportunities amid shifting trade patterns by reducing long-standing trade barriers, diversifying products and markets, and improving infrastructure.


Read the Report