The International Monetary Fund comments on reports that Iraq has requested financial assistance due to the energy crisis.
The International Monetary Fund comments on reports that Iraq has requested financial assistance due to the energy crisis.
2026-05-17
Shafaq News – Follow-up
The International Monetary Fund said it continues to discuss the possibility of providing financial support to countries affected by rising energy and commodity prices due to the war in the Middle East, without confirming reports that Iraq had requested financial assistance.
Reuters quoted the IMF spokeswoman, Julie Kozak, as saying during a press conference that the Fund continues to discuss potential financial assistance for member countries suffering from high energy and commodity costs, but she did not provide details on specific countries, and declined to comment on a report that Iraq had requested financial support.
Kozak added that a number of countries are asking the Fund for support in the area of economic policies and advice on how to respond to economic shocks according to the circumstances of each country.
Media reports had indicated that Iraq had requested financial assistance from the Fund as a result of the repercussions of the war in the Middle East and rising energy prices, at a time when the Fund’s Managing Director, Kristalina Georgieva, had previously indicated that about 12 countries might need financial support ranging between $20 billion and $50 billion.
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