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Iraq, Macroeconomic Data, Oil

Iraq To Post Double-Digit Growth In 2011, As Long As It Keeps ‘Arab Spring’ At Bay

Iraq’s strong oil revenues this year, coupled with a new $37-billion investment plan, will ensure double-digit hike in GDP this year. However, political and security issues could derail growth.

Iraq’s expected double-digit growth this year is a reflection of high oil prices more than anything else, but the government has a chance to build on this windfall with the $37-billion development programme announced in late April. Read More Here

Discussion

2 Responses to “Iraq To Post Double-Digit Growth In 2011, As Long As It Keeps ‘Arab Spring’ At Bay”

  1. Fantastic!

    Posted by Bruce Cerniglia | May 28, 2011, 11:30 am
  2. Wonderful job

    Posted by Damien Libby | May 28, 2011, 3:46 pm

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