Sunday, January 30, 2011

1-30-11 Iraq economic growth rate expected reach 47% by 2014

Highlights/Thoughts
Click on the title of this posting to get to the details from Currency Newshound


1. The Iraqi Planning ministry stated that the rate of economic growth will reach to 47% by 2014.
2.  The spokesman of the ministry says that the annual economic growth rate to reach 9.38%, and the improvement will have a positive impact on the economic situation in the country and the level of general income of the Iraqi people. 
3.  The IMF stated earlier that the economic growth in Iraq was slower than expected during 2010 because the expected growth in oil production was not achieved.

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