The repercussions of regional and international crises, especially the effects of war and disruptions that may affect oil export movement through the Strait of Hormuz, have been reflected in oil revenues, the public budget and foreign cash flows, which requires dealing with them through a precautionary and studied approach.
The stability of the Iraqi dinar's exchange rate against the dollar and other foreign currencies is closely linked to the availability of foreign currency and the economy's ability to finance foreign trade needs.
IMF Managing Director Kristalina Georgieva said the Fund intends to support Iraq strongly with financing and policy advice, and that it is holding intensive talks with Lebanese aut…
Iraqi Foreign Minister Fouad Hussein said Iraq has lost about $60 billion since the outbreak of the US-Israeli war on Iran, due to the sharp decline in oil revenues and disrupted n…