IMF Executive Board Approves US$5.34 billion Stand-By Arrangement for Iraq Press Release No. 16/321 July 7, 2016 The Executive Board of the International Monetary Fund (IMF) today approved a three-year Stand-By Arrangement (SBA) for Iraq for SDR 3.831 billion (about US$5.34 billion, or 230 percent of quota) to support the government’s economic reform program. The Board’s approval enables the … [Read more...]