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Iraq oil production: at risk from debt default?

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Report summary

Low oil prices are increasing fiscal pressure on Iraq's government. With a lack of financial reserves the government is relying on debt to finance its fiscal deficit. As the stock of debt swells sovereign default is a risk. What are the implications of a default for Iraq's oil sector?

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  • Document

    Resource-Rich Markets at Risk Iraq.pdf

    PDF 2.45 MB

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