IMF Staff Country Reports

Iraq: 2025 Article IV Consultation-Press Release; Staff Report; and Informational Annex

July 14, 2025

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International Monetary Fund. Middle East and Central Asia Dept. "Iraq: 2025 Article IV Consultation-Press Release; Staff Report; and Informational Annex", IMF Staff Country Reports 2025, 183 (2025), accessed July 15, 2025, https://doi.org/10.5089/9798229017145.002

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Summary

Iraq has managed to uphold domestic stability despite regional turmoil. However, rapid expansion of spending and emerging financing constraints led to arrears accumulation in 2024. These challenges are now compounded by declining oil prices in a highly uncertain global environment, further aggravating fiscal and external sustainability risks. At the same time, the country is struggling with lingering structural economic challenges, including high unemployment, excessive state footprint, a weak banking sector, corruption, and an inefficient electricity sector.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Crime, Expenditure, Oil prices, Prices, Public debt, Revenue administration

Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), Oil prices

Publication Details

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