As of December 2015 this is where Iraq is.
This is from the IMF:
The government will gradually remove remaining exchange restrictions and multiple currency practice (MCP) with a view to eliminating exchange rate distortions.
Do you think that the IMF is so uninformed that when they made this announcement that they did not know about Iran nor the forecast for oil prices?
As I posted, the IMF has informed the world exactly where Iraq is with their move towards Article 8 and the markets.