Iraq: Use of Fund Resources—Request for Emergency Post-Conflict Assistance

October 18, 2004

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Format: Chicago

Iraq: Use of Fund Resources—Request for Emergency Post-Conflict Assistance, (USA: International Monetary Fund, 2004) accessed November 23, 2024

Summary

This paper reviews Iraq’s Request for Emergency Post-Conflict Assistance (EPCA). The authorities’ main goals under the EPCA-supported program are to improve the general welfare of the Iraqi people and address Iraq’s external debt problem. The authorities’ program is to be underpinned by a prudent fiscal policy that aims to limit spending to available government revenues and external resources, the use of the exchange rate to anchor inflation expectations, and the planning and undertaking of key structural reforms to transform Iraq into a market economy.

Subject: Commodities, Emergency assistance, Expenditure, External debt, Foreign aid, International trade, Oil, Oil exports

Keywords: Central bank, Continuing cooperation, CR, Deep appreciation, Economic program, Economy, Emergency assistance, Emergency Post-Conflict Assistance, Emergency Post-Conflict Assistance to Iraq, Fiscal policy, Iraq, Iraq's economy, ISCR, Middle East, Oil, Oil exports, Reform agenda, Regime

Publication Details

Pages:

74
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/325
Stock No:

1IRQEA0012004
ISBN:

9781451819076
ISSN:

1934-7685

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