Iraq: world’s fastest growing economy

 

Kamal-al-Molk tomb
Elias Pirasteh / Foter.com / CC BY-NC-ND

Iraq will emerge as the world’s fastest growing economy in 2012 and 2013, according to Bank of America Merrill Lynch (BAML).

The Wall Street bank’s data shows that among all the major economies it tracks, Iraq will be the only country that will post double-digit-growth in 2012 – clocking a 10.5% improvement in GDP this year. CONTINUE READING

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