[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-108939-en":3,"doc-seo-108939-105":31,"detail-sidebar-cat-0-en-105":93},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":28,"seo_description":14,"update_tm":29,"read_time":30},108939,1374391974564,"Clementine","https://ap-avatar.wpscdn.com/avatar/14000253aa45c000a9e?x-image-process=image/resize,m_fixed,w_180,h_180&k=1779874745381141002",8,"Research & Report","Iraq Economic Monitor - Protecting Vulnerable Iraqis in the Time of a Pandemic - Urgent Stimulus and Economic Reforms","Iraq Economic Monitor (Fall 2020) assesses how COVID-19 and weak oil prices interact to affect household poverty and broader economic performance in Iraq. The report reviews recent economic and policy developments across output and demand, oil and gas, public finance, external sector conditions, monetary policy, and prices. It then presents an outlook and key risks, followed by a special focus analyzing pre-pandemic welfare conditions and tracing how the twin crises translated into changes in poverty outcomes. The publication concludes with discussion and references, complemented by selected topics and data-driven figures.","IRAQ  \nECONOMIC MONITOR  \nProtecting Vulnerable Iraqisin the Time of a Pandemic, the Case for Urgent Stimulus and Economic Reforms  \nPublic Disclosure Authorized Public Disclosure Authorized  \nFall 2020  \nMiddle East and North Africa Region  \nIraq Economic Monitor  \nProtecting Vulnerable Iraqis in the Time of a Pandemic, the Case For Urgent Stimulus and  \nEconomic Reforms  \nWith a Special Focus on  \nImpacts of COVID-19 and weak oil priceson household poverty in Iraq  \nFall 2020  \nMiddle East and North Africa Region  \nTABLE OF CONTENTS  \nAcronyms  ............................................................. vii  \nAcknowledgments  ....................................................... ix  \nExecutive Summary  ...................................................... xi  \nالملخص التنفيذي  ...................................................... xiii  \n1 . Recent Economic and Policy Developments  .................................... 1  \nIntroduction  ................................................................................... 1  \nOutput and Demand  ........................................................................... 2  \nOil and Gas Developments  ...................................................................... 5  \nPublic Finance  ................................................................................ 6  \nExternal Sector  ................................................................................ 9  \nMonetary Policy and Prices  .................................................................... 10  \n2  . Outlook and Risks  ..................................................... 13  \nOutlook  ..................................................................................... 13  \nRisks and Opportunities  ....................................................................... 14  \nSpecial Focus: Impacts of COVID-19 and Weak Oil Prices on Household Poverty in Iraq  .......... 19  \nIntroduction  .................................................................................. 19  \nPre-COVID-19 Pandemic Welfare Conditions in Iraq  ............................................... 19  \nImpacts of the Twin Crises (COVID-19 and Oil Prices) on Household Poverty  ..........................22  \nDiscussion and Conclusions  ...................................................................26  \nReferences  .................................................................................. 29  \nSelected Topics from Recent Iraq Economic Monitors  ................................ 31  \nSelected Recent World Bank Publications on Iraq  .................................. 33  \nList of Figures  \nFigure 1 Confirmed COVID-19 Cases and Deaths have Steadily Risen  ............................... 2  \nFigure 2 The Positive 2019 GDP Growth Was Reversed in H1-20…...................................3  \nFigure 3 … Adding to the Challenge of Economic Convergence with Regional and Income Peers  ........3  \nFigure 4 The H1-20 Contraction Was Broad Based …..............................................4  \nFigure 5 …but Was Partly Mitigated by a Strong Agriculture Growth  ..................................4  \nFigure 6 COVID-19 Impacted the Recent Consumption Driven Growth Trend…........................4  \nFigure 7 … Leading to Containment Measures to Become More Growth-Oriented Since Mid-2020  .......4  \nFigure 8 Oil Production and Exports Plummeted Following Weaker Global Demand and OPEC+ Cuts…..5  \nFigure 9 …leading to Oil Prices to Recover but Remain Below the Budgeted Amount  ...................5  \nFigure 10 Oil Income, the Major Source of Revenues, Has Been Hit Hard…............................ 6  \nFigure 11 … but Existing Rigidities in Expenditures Including High Wage Bill Remain in Place  ............6  \nFigure 12 Realization Rates of Budget Target Deteriorated Further as the Economy Deteriorated  .........7  \nFigure 13 The Majority of the Stock of Debt and Guarantees are from External Sources  .................7  \nFigure 14 The Declin","cbCaifQ1bNRSbVq4","https://ap.wps.com/l/cbCaifQ1bNRSbVq4","pdf",2033286,5,1,56,"English","en",105,"# Executive Summary\n## Recent Economic and Policy Developments\n## Outlook and Risks\n## Special Focus: Impacts of COVID-19 and Weak Oil Prices on Household Poverty in Iraq\n## Selected Topics from Recent Iraq Economic Monitors","[{\"question\":\"What is the report’s central theme in Fall 2020?\",\"answer\":\"The report focuses on protecting vulnerable Iraqis by examining how COVID-19 and weak oil prices contribute to household poverty, and why urgent stimulus and economic reforms are needed.\"},{\"question\":\"Which areas are covered in the assessment of recent economic and policy developments?\",\"answer\":\"It covers output and demand, oil and gas developments, public finance, the external sector, and monetary policy and prices.\"},{\"question\":\"What does the special focus section analyze?\",\"answer\":\"It reviews pre-COVID welfare conditions in Iraq and analyzes the impacts of the twin crises—COVID-19 and oil prices—on household poverty, including discussion and conclusions.\"}]","Iraq Economic Monitor - Protecting Vulnerable Iraqis in the Time of a Pandemic - Urgent Stimulus and Economic Reforms | PDF",1784475203,141,{"code":4,"msg":32,"data":33},"ok",{"site_id":25,"language":24,"slug":34,"title":13,"keywords":35,"description":14,"schema_data":36,"social_meta":88,"head_meta":90,"extra_data":92,"updated_unix":29},"iraq-economic-monitor-protecting-vulnerable-iraqis-in-the-time-of-a-pandemic-urgent-stimulus-and-economic-reforms","",{"@graph":37,"@context":87},[38,55,70],{"@type":39,"itemListElement":40},"BreadcrumbList",[41,45,49,52],{"item":42,"name":43,"@type":44,"position":21},"https://docshare.wps.com","Home","ListItem",{"item":46,"name":47,"@type":44,"position":48},"https://docshare.wps.com/document/","Document",2,{"item":50,"name":12,"@type":44,"position":51},"https://docshare.wps.com/document/research-report/",3,{"item":53,"name":13,"@type":44,"position":54},"https://docshare.wps.com/document/iraq-economic-monitor-protecting-vulnerable-iraqis-in-the-time-of-a-pandemic-urgent-stimulus-and-economic-reforms/108939/",4,{"url":53,"name":13,"@type":56,"author":57,"headline":13,"publisher":59,"fileFormat":62,"inLanguage":24,"description":14,"dateModified":63,"datePublished":64,"encodingFormat":62,"isAccessibleForFree":65,"interactionStatistic":66},"DigitalDocument",{"name":9,"@type":58},"Person",{"url":42,"name":60,"@type":61},"DocShare","Organization","application/pdf","2026-07-29","2026-07-19",true,{"@type":67,"interactionType":68,"userInteractionCount":20},"InteractionCounter",{"@type":69},"ViewAction",{"@type":71,"mainEntity":72},"FAQPage",[73,79,83],{"name":74,"@type":75,"acceptedAnswer":76},"What is the report’s central theme in Fall 2020?","Question",{"text":77,"@type":78},"The report focuses on protecting vulnerable Iraqis by examining how COVID-19 and weak oil prices contribute to household poverty, and why urgent stimulus and economic reforms are needed.","Answer",{"name":80,"@type":75,"acceptedAnswer":81},"Which areas are covered in the assessment of recent economic and policy developments?",{"text":82,"@type":78},"It covers output and demand, oil and gas developments, public finance, the external sector, and monetary policy and prices.",{"name":84,"@type":75,"acceptedAnswer":85},"What does the special focus section analyze?",{"text":86,"@type":78},"It reviews pre-COVID welfare conditions in Iraq and analyzes the impacts of the twin crises—COVID-19 and oil prices—on household poverty, including discussion and conclusions.","https://schema.org",{"og:url":53,"og:type":89,"og:title":13,"og:site_name":60,"og:description":14},"article",{"robots":91,"canonical":53},"index,follow",{"doc_id":7,"site_id":25},{"code":4,"msg":5,"data":94},[95,99,103,107,111,116,121,124,129,132,136],{"id":21,"doc_module":4,"doc_module_name":47,"category_name":96,"show_sort_weight":97,"slug":98},"Story & Novel",90,"story-novel",{"id":48,"doc_module":4,"doc_module_name":47,"category_name":100,"show_sort_weight":101,"slug":102},"Literature",80,"literature",{"id":54,"doc_module":4,"doc_module_name":47,"category_name":104,"show_sort_weight":105,"slug":106},"Exam",70,"exam",{"id":20,"doc_module":4,"doc_module_name":47,"category_name":108,"show_sort_weight":109,"slug":110},"Comic",60,"comic",{"id":112,"doc_module":4,"doc_module_name":47,"category_name":113,"show_sort_weight":114,"slug":115},6,"Technology",50,"technology",{"id":117,"doc_module":4,"doc_module_name":47,"category_name":118,"show_sort_weight":119,"slug":120},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":47,"category_name":12,"show_sort_weight":122,"slug":123},30,"research-report",{"id":125,"doc_module":4,"doc_module_name":47,"category_name":126,"show_sort_weight":127,"slug":128},9,"Religion & Spirituality",20,"religion-spirituality",{"id":127,"doc_module":4,"doc_module_name":47,"category_name":130,"show_sort_weight":127,"slug":131},"World Cup","world-cup",{"id":133,"doc_module":4,"doc_module_name":47,"category_name":134,"show_sort_weight":133,"slug":135},10,"Lifestyle","lifestyle",{"id":137,"doc_module":4,"doc_module_name":47,"category_name":138,"show_sort_weight":20,"slug":139},19,"General","general"]