(EnergyAsia, March 29 2010, Monday) — Iraq’s current account and government budget have shifted into large deficits in 2009, and, based on conservative oil price assumptions are expected to remain in deficit in 2010–11, said the International Monetary Fund (IMF). In an update on the country, the IMF said falling oil prices from the peak…
IRAQ: Large current account and budget deficits expected in 2010-11, says IMF
Posted on March 28, 2010 by EnergyAsia