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Knowledge4Policy
Knowledge for policy
Supporting policy with scientific evidence

We mobilise people and resources to create, curate, make sense of and use knowledge to inform policymaking across Europe.

  • Publication | 2021
Iraq's Economic Update - October 2021

Economic growth is gradually recovering following last year’s pandemic related contraction, partly due to higher non-oil activity. Improved global oil market conditions are expected to reinforce growth in the medium term and to turn the fiscal and external balances to surpluses from 2021, and to reverse the recent surge in debt. Key downside risks relate to potential pandemic developments, oil price volatility, setbacks in the security situation, and the derailing of economic reform implementation.