Highlights/Thoughts
1. Newspaper says Iraq is one of the fastest growing economies in the world
2. Economy will grow very quickly
3. Iraq economy is not just based on oil: tourism, other natural resources, agriculture, industry and other
It is important to understand that Iraq, unlike other ME countries, will get revenue from sources other than oil. This means that over time they should command a high value with their currency compared to other ME countries who are not as diverse (those that depend almost entirely on oil for revenue). It is said that Iraq will become the richest country in the world. It isn't hard to see why.
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