Economic Analysis - No Devaluation As Pressures On The Peg Ease - 02 OCT 2017
Emerging Markets Monitor September 2017 / Iraq / Economy
The Central Bank of Iraq will continue to focus on protecting the peg of the dinar to the US dollar over the coming quarters, which will be facilitated by easing pressures on the peg owing to...
Economic Analysis - Reconstruction Supporting Growth Uptick, But No Boom Ahead - 10 APR 2017
Emerging Markets Monitor April 2017 / Iraq / Economy
The reconstruction of Iraq's damaged infrastructure and the recapture of Mosul by the Iraqi army will support fixed investment and private consumption growth in 2017, while the recovery in oil...
Political Risk Analysis - Little Hope For Improvement Despite IS Setback - 27 JUNE 2016
Emerging Markets Monitor June 2016 / Iraq / Economy
Military progress against Islamic State in Iraq is no panacea for the country's protracted political crisis. Increasing poverty, sectarian tensions and power struggles are among the main factors...
Economic Analysis - 10% Devaluation On The Cards - 14 SEPT 2015
Emerging Markets Monitor September 2015 / Iraq / Economy
The Iraqi dinar will be devalued by 10% in 2016, as the Central Bank is unable to protect the peg amid low oil prices. As a result of the devaluation, the current account and fiscal deficits will...
Economic Analysis - Tensions To Delay Budget Approval - 10 FEB 2014
Emerging Markets Monitor February 2014 / Iraq / Economy
The Iraqi government approved on January 2015 the country's 2014 budget, estimated at IQD174.6trn (US$150.1bn), a 25.6% increase compared to the 2013 budget (for our latest article on the 2014...