IMF engages Iraq on preparing a new support programme
The International Monetary Fund said on 29 October 2026 that it was engaging Iraqi authorities to prepare a support programme, according to spokeswoman Julie Kozack's statements reported by the press.
The discussions aim to clarify Baghdad's priorities and responses to economic vulnerabilities before defining the Fund's support. Kozack highlighted financing constraints that predated the war and a narrow non-oil revenue base.
The IMF projects Iraq's economy will contract by 16% in 2026; this is a forecast, not a final annual result. The available information does not announce an approved loan. Its size, conditions and timetable remain to be specified.