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March 15, 2009

Iraq Signs New Agreement with IMF

In the absence of a Parliament Speaker at least the government of Iraq is getting something’s done. Recently the Finance Minister Jabr Al-Zubaydi, just signed an agreement with the IMF to the lifting of subsidies of oil by products.

The Iraq parliament will meet next month April in a new session where they will once again try and elect a new Parliament speaker. Some are still waiting on the Iraq Federal court ruling on the matter.

The SBA don’t count on it being over not just yet!