Planning: the economic growth rate in Iraq in 2013 amounted to 9%

Posted: January 23, 2014 in Iraqi Dinar/Politics

01.21.2014 1:25 p.m.

The Ministry of Planning and Development Cooperation, said on Tuesday that the rate of economic growth in Iraq in 2013 amounted to 9%, while suggesting that the announcement of this figure came after its statistics and indicators on the percentage of growth in all sectors.

The Minister of Planning and Development Cooperation Ali Shukri said in an interview (range Press), “The rate of economic growth in Iraq in 2013 amounted to 9%,” noting that “the calculation of this ratio was in accordance with data and statistics and indicators carried out by the ministry in all economic sectors during the year the past. ”

The Deputy Prime Minister for Energy Hussain al-Shahristani predicted in (November 25, 2013) that “the rising growth rate to ten percent over the next five years”, stressing that “Iraq was able to control the rate of inflation and reduced from 50 to six percent currently.”

The Merrill Lynch – Bank of America said in a report issued by the end of November 2012, according to a poll conducted by the “Iraq will be the highest growth among the world’s GDP and will grow in the local production of up to 10.5 percent, followed by China with 7.7 percent .

The annual report of the International Monetary Fund International Monetary Fund (IMF), for Iraq in 2013, and seen by the (long-Presse). He pointed out, that “experts predict that more than growth in Iraq in 2013 to nine percent with increasing oil production to about 3.3 million barrels per day, and the recovery of activity in the non-oil sectors (government services, trade, real estate, construction and transportation.) The report also noted the decline in the rate of inflation from six percent at the end of 2011 to 3.6 at the end of 2012 Balima past.

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