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Tag: GDP

Fitch warned about a risk due to closure of Strait of Hormuz

Fitch warned about a risk due to closure of Strait of Hormuz

Fitch has indicated that it has maintained Iraq’s credit rating at B-, a degree of risk and a stable outlook. Fitch issued a statement and warned about the backlashes of the outbreak of antagonistic actions leading to the closure of the Strait of Hormuz. It is due to Iraq lacks other routes of export of oil in the south. Fitch also estimated that the closure of the strait for a month could result in Iraq losing 6.5 billion U.S dollars…

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0.50 Percent Decrease in GDP During 2014

0.50 Percent Decrease in GDP During 2014

Iraqi Dinar 123 News:– According to the IMF the rate of the GDP is based on the economic rate of growth of economic conditions of any country. The Iraq GDP rate fell by 0.5 % during the year 2014. in the past years the GDP was higher and upto 2.7% as per the economic conditions of the central and regional governments. The Minister of Finance and the Governor of the CBI need to discuss the different events and manage the…

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Iraq calls to raise the industrial sector’s contribution to GDP

Iraq calls to raise the industrial sector’s contribution to GDP

IRAQ CALLS TO RAISE THE INDUSTRIAL SECTOR’S CONTRIBUTION TO GDP Baghdad – Shkran Fatlawi is heading the efforts of researchers and specialists in finding the means to raise the level of performance of the industrial sector in GDP by employing technology and the adoption of industrial projects, modern as an effective tool in achieving sustainable development, the most prominent Matnolth seminar Institute of the progress of the development policies recently in this regard. , and on the sidelines of the seminar met with…

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Iraq’s gross domestic product increased up to 10 percent

Iraq’s gross domestic product increased up to 10 percent

ECONOMIST: IRAQ’S GROSS DOMESTIC PRODUCT INCREASED UP TO 10 PERCENT ANNUALLY BAGHDAD – time to draw economic expert on behalf of Anton, Wednesday, to an increase in gross domestic product in Iraq, up to 10 percent. Anton said in a statement to “time”, said that “it is known that the gross domestic product consists of multiple economic outcomes, including the country’s wealth and the agricultural sector, industrial and tourism.” He added that “there is an increase in GDP of up to 10 percent, is the result of one activity…

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Expected growth rate of 10% and the creation of new jobs

Expected growth rate of 10% and the creation of new jobs

EXPECTED GROWTH RATE OF 10% AND THE CREATION OF NEW JOBS IN THE STATE Predicted Deputy Prime Minister for Energy Affairs Hussain al-Shahristani to achieve Iraq’s growth rate by 10 percent within thenext five years. occur Shahristani, in a speech at the FourthScientific Conference of the statisticians Arabs held in Baghdad, said that the growth rate reached during the past five years, 9% is expected to rise to 10 percent in the next five years. Shahristani said that Iraq fired during the last period development plan, a five-year…

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Too early to put themselves under the WTO

Too early to put themselves under the WTO

ANTOINE: TOO EARLY TO PUT THEMSELVES UNDER THE WTO Tomorrow Press / Baghdad: Take an economist Bassem Jamil Antoine that the time is still too early to Iraq’s accession to the WTO. said Antoine for “tomorrow’s Press,” that “Iraq is going the right way about the openness of the economy, but to join the WTO is not the right choice in this time, “he said, adding that” accession requires removal of subsidies on food and fuel and the imposition of…

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