Economic Policy: Fiscal Policy and Outlook

November 2011
Iraq Country Monitor;Nov2011, p12
Country Report
The article offers an outlook on the fiscal policy of Iraq in 2011 and beyond. It states that lawmakers drafted a budget plan that increases spending to 67.3 billion U.S. dollars from 54.7 billion U.S. dollars in anticipation of higher oil production and prices. It says that the capacity of the government to implement its budgetary spending projections has improved, but differing laws and bureaucratic red tape still exist.


Related Articles

  • Budget deficit forecast soars.  // MEED: Middle East Economic Digest;11/9/2007, Vol. 51 Issue 45, p35 

    The article reports on the decision of the government of Jordan to raise its budget deficit forecast for 2007 by almost 50%. Government spending has risen dramatically along with oil prices, because petrol prices in the kingdom are heavily subsidised. The new budget deficit forecast has been...

  • Healthy Budget Plan For The Medium Term.  // Emerging Europe Monitor: Russia & CIS;May2007, Vol. 11 Issue 5, p3 

    This article assesses the budget proposal in Russia that calls for an increase in expenditures with a plan to eliminate the surpluses by 2010. The fiscal plan also proposes to better manage oil windfalls by restructuring the existing budget stabilization fund into an Oil and Gas Fund. Even with...

  • Economic Policy: Fiscal Policy and Outlook.  // Ecuador Country Monitor;Nov2011, p12 

    The article provides information on the fiscal policy of Ecuador. It states that in 2009, the country experienced weak public finances and lower prices of oil. It mentions that the government of Ecuador received its loan from China worth 2 billion U.S. dollars, which will be used in public...

  • Saudi Arabia's 2015 fiscal budget.  // Banker Middle East;Feb2015, Issue 170, p15 

    The article provides an overview of the fiscal budget of Saudi Arabia for December 2014 to December 2015. Several critical topics being discussed include the country's fiscal deficit as well as budgetary performance in 2014 and estimated price for Saudi export crude per barrel. Saudi's...

  • The oil price balancing act. Dudley, Dominic // MEED: Middle East Economic Digest;5/10/2013, Vol. 57 Issue 19, p28 

    The article looks at fiscal policy in the petroleum-producing countries of the Middle East in relation to trends in world oil prices, as of May 2013. It notes many governments in the region have increased their public spending, citing concern about the potential for popular unrest as a factor,...

  • Economic Policy: Fiscal Situation - Recent Developments.  // Venezuela Country Monitor;Jan2012, p16 

    The article reports developments on the fiscal policy of Venezuela. It relates that the government has continued to be conservative in their assumption of oil prices at a 40 dollars per barrel in exports for 2011. It reveals a 2.2% decrease in real terms of ordinary revenues when compared with...

  • Fiscal Warning Signs.  // Latin America Monitor: Mexico Monitor;Apr2009, Vol. 26 Issue 4, p1 

    The article focuses on the nominal fiscal deficit forecast of 295.1 billion Mexican pesos in 2009 which is said to have raised a warning sign regarding the medium-term outlook for the country's fiscal health. A nominal fiscal deficit of 9.6 billion Mexican pesos, or 0.1% of gross domestic...

  • Putting the brakes on spending. Dudley, Dominic // MEED: Middle East Economic Digest;6/13/2014, Vol. 58 Issue 24, p22 

    The article discusses high levels of government spending among oil-exporting states in the Middle East. The International Monetary Fund estimates that in 2014 six countries in the region need oil prices to stay above $100 per barrel in order to balance their budgets. Some states are responding...

  • The new budgeting system.  // OECD Economic Surveys: Turkey;Dec2004, Vol. 2004 Issue 15, p87 

    Offers a look at Turkey's budgeting system in 2004 following its economic recovery from the 2001 crisis. Overview of the medium term fiscal plan; Function of the State Audit Institution in auditing all government accounts and bodies; Details of the budget preparation cycle.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics