Fitch: Iraq's Fiscal Outperformance May Not Last

Last Update: 2022-07-23 00:00:00 - Source: Iraq Business News

By John Lee. Fitch Ratings has said that Iraq's government debt is set to fall steeply as a share of GDP in 2022, bringing it to pre-Covid-19 pandemic levels. It adds that while this is positive for the sovereign's creditworthiness, the decline may not be sustainable, as it partly reflects political tensions that have constrained […]

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