Article: “Iraq Economy News for 2024, According to the IMF is not Good, Iraq Says Differently” What the IMF is saying is Iraq’s economy forecast is leaning towards a negative because countries with currencies pegged to the US dollar, except Iraq’s central bank, have followed the US fed’s footsteps and adjusting the interest rates accordingly. In other words Iraq did not follow in the footsteps of the Federal Reserve and as a result the IMF sees Iraq’s inflation rate at or around 9% in 2024 rather than at 3.5% the the Iraqi minister of planning announced. The 5.5% difference is enough to be concerned about.
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