IMF added that a gradual, yet sizeable fiscal adjustment in Iraq was needed to stabilise debt in the medium term and rebuild fiscal buffers
The International Monetary Fund said on Thursday that Iraq’s domestic imbalances have worsened due to the large fiscal expansion and lower oil prices.
IMF added that a gradual, yet sizeable fiscal adjustment in Iraq was needed to stabilise debt in the medium term and rebuild fiscal buffers.
Source: Zawya