“Lacking accuracy.” Economic criticism of the International Monetary Fund’s numbers on Iraq
“Lacking accuracy.” Economic criticism of the International Monetary Fund’s numbers on Iraq
5-12-2023
On Friday, economist Nabil Al-Marsoumi criticized the recent International Monetary Fund figures regarding Iraq’s imports of goods and services, describing them as “incorrect.”
Al-Marsoumi said in a tweet, followed by the information, that “the International Monetary Fund is a global monetary institution that includes a group of the world’s brightest experts in money and monetary affairs from different nationalities, but unfortunately we note that some of the data published by the fund lacks accuracy.”
He added: “What was recently issued by him that Iraq’s imports of goods and services amounted to 105 billion dollars in 2022, which is an incorrect number and is not commensurate with the annual dollar sales of the Central Bank of Iraq and is very far from the number published by the Central Bank of Iraq within the balance of payments that includes Iraq’s imports for the year 2022.” “.
The economist explained that “imports of goods and services amounted to $55 billion, of which $17.5 billion were government imports and $37.5 billion were private sector imports.”
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