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IMF prepares a lending program for Iraq… and its economy is expected to contract by 16%

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IMF prepares a lending program for Iraq… and its economy is expected to contract by 16%
Lebanon 24
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Lebanon 24: The International Monetary Fund has begun talks with Iraqi authorities in preparation for developing a new lending program, amid financial pressures exacerbated by the war on Iran and disruption to shipping through the Strait of Hormuz, through which most of Iraq’s energy exports pass. The Fund announced on Thursday that the talks aim to determine…

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