Posts Tagged ‘GDP’

December 29, 2013

British firm involved in global economic analysis expects the continuation of the impact of political risk on the Iraqi economy during the next 2014.

This came in a quarterly report, the new released by Business Monitor Anturnashinal BMI British, on monitoring and analysis of global economic and trade, on the prospects for the commercial sector and economic situation in Iraq during the first quarter of 2014, the next, indicating that “the rate of growth of the Iraqi economy will be 10.6% and 9.2% in normal circumstances during the years 2013 and 2014, respectively, with the survival of private consumption and oil exports as the main engine of economic growth in the coming years, and that the risks surrounding this outlook lies in the deterioration of security resulting from the increased rates of political violence. ” (more…)

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IMF-Logo12.19.2013

A report prepared by experts at the International Monetary Fund Article IV Consultation with Iraq in 2013, which took place in the first quarter of the year 2013 in Amman, Jordan, that “in spite of the circumstance of the Iraqi difficult, the economic developments generally positive and has seen economic growth acceleration, At the same time did not hide his report the risks resulting from the decline in the level of political and security situations.

and followed (range) a chart he submitted the Resident Representative of the International Monetary Fund for Iraq, Ghazi reticles showing the latest economic developments and prospects in the medium term in addition to the risks and economic reforms. (more…)

Economists attributed the growth of gross domestic product (GDP) in Iraq to the oil activity and of increasing its imports, as well as the contribution of the commercial sector.

This comes at a time when announced the Ministry of Planning in late August that the rate of growth of the Iraqi economy is about 9 percent during the current year.

(more…)

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06/20/2013 1:50 am

In order to provide jobs for the unemployed outside the framework of the public sector

of things for granted that the absence of the private sector means the absence of creativity and speed of adjustment to market needs and provide employment outside the public sector as well as the lack of competition between the private and public sectors مايؤدي to the continued deterioration of the efficiency of the latter, something which requires government intervention to protect the public sector through financial support and protection policy customs rate of annual support is currently $ 3 billion Mini protect the institutions of productivity inert at the expense of the citizen who finds unchanged compelled to purchase goods and services at a higher price and the quality is poor. (more…)

Iraq’s third poorest Arab country after Yemen and Sudan

05/06/2013

BAGHDAD / JD / .. U.S. magazine developed specialized, Iraq ranked third in the list of the poorest Arab countries, led by the only Yemen and Sudan, noting that Iraq’s per capita GDP is estimated at about $ 4271.

And classified Aljlebl Finance magazine – months global economic magazine published from New York – In its recently released list of per capita GDP for 182 countries. (more…)

Screen Shot 2013-02-02 at 11.40.31 AMDate: Thu 01/17/2013 03:00 pm

D. Kamal Basri
Dean of the Iraqi Institute for Economic Reform

Iraqi economy in the world’s fastest-growing

Issued by the Bank of America Merrill Lynch (BAML) in the United States report shows that Iraq will Achieve the highest growth rate for the years 2012-2013 in the world, data showed Wall Street bank (Wall Street bank’s data) that Iraq will achieve the highest growth rate in GDP (GDP) for 2012, which amounts to 10.5%, and China ranked second at 7.7% and the top ten economies in the world will not exceed its estimated growth rate of 5.5% for the same year. (more…)

A report published by the British magazine The Economist concerned to inform policy and Iraq’s economy and business in the seventh sequence Arab world and second after Libya on the list of the fastest ten countries in the world for economic growth in 2013. (more…)

A resolution on the country’s socio-economic development plan for 2013 that will see growth of 5.5 percent GDP and a 10 percent increase in export turnover was adopted by The National Assembly (NA) on November 8.

Additional targets include reducing trade deficit and maintaining CPI growth of 8 percent. State budget overspending will account for 4.8 percent of GDP, and total social development investment, 30 percent of GDP. (more…)

Date: 2012/11/03 11: 46: 24 Saturday

Baghdad (newsletter) … Economist Salim aldaini said, the importance of developing and activating the economic sectors such as industrial, agricultural and business to diversify national income resources, warning of continued reliance on oil revenues in the national economic construction. (more…)

10/18/2012 12:00 am

BAGHDAD – morning
criticized economic expert on behalf of Jamil Antoine, state policy economic which made ​​Iraq ranked (11) Arab hand capita income, compared to the possibility of Iraq’s economic and achieve the imports of annual financial.

was an international report had confirmed that Iraq solution in place (11 ) Arab gross domestic product per capita, while dissolved Qatar ranked first level up to 97.967 (USD). (more…)

The time on Wednesday, September 19 / September 2012 07:17 | |

Baghdad / Orr News

Committee considered the economy and investment parliamentary current inflation rate in Iraq as unacceptable, calling on the government to prepare a strategy to double the economic GDP in order to improve the standard of living and Alrvahe citizen. (more…)

September 16 / September 2012 06:59| |

Expect the central bank to reach GDP per capita per year during the next few years to 6 thousand dollars at least, an increase of 50 percent from the per capita income for the current and $ 4 thousand dollars, stressing the need to increase oil exports, given their yields positive to double domestic production, according to Bank that drives the investment process in all provinces, and improves the standard of living. (more…)

07/04/2012

BAGHDAD / JD / .. Confirmed that the Iraqi government to the International Monetary Fund expects the arrival of GDP in 2014 to 150 billion dollars.

The Deputy Prime Minister Ruz Nuri Shaways in a speech in the forum Krantz Montana, which was held in the Azerbaijani capital of Baku that “the Iraqi economy has seen significant shifts on the road to openness and freedom and the adoption of the forces of supply and demand mechanisms essential in the economic relations in the form which facilitates the integration process in the system of international economic” . (more…)

VietFinanceNews.com – Fitch Ratings has affirmed Vietnam’s Foreign- and Local-Currency Issuer Default Ratings at ‘B+’. The Outlook for both Ratings is Stable. The Country Ceiling is also affirmed at ‘B+’, and the Short-Term Foreign Currency IDR at ‘B’. (more…)

24/02/2012

Kuwait came in Forbes magazine’s list of America’s richest countries in the world, ranked 15. When dissolved in Qatar in the first place worldwide, and the United Arab Emirates on the sixth of the world .

said «Forbes»: The classification of these rich countries was in accordance with each individual share of gross domestic product (GDP), and amended according to the purchasing power of about 182 countries. (more…)

Iraq to Grow 36% in Three YearsThe World Bank says it expects Iraq’s gross domestic product (GDP) to grow by 12.6 percent in 2012, and 10.2 percent in 2013, following a growth of 9.6 percent last year.

If achieved, this would give a compound growth of 36 percent in just three years.

This follows a downward revision of growth expectations for the world as a whole, with the global economy expected to expand 2.5 and 3.1 percent in 2012 and 2013 (3.4 and 4 percent when calculated using purchasing power parity weights), versus the 3.6 percent projected in June for both years.

http://bit.ly/wTGXvc

The World Bank warned of a slowdown in the global economy, expressing his concerns that affect strongly on developing countries.

The economic outlook of the World Bank Aattartfaa in the net world GDP is estimated at 2.5% in 2012 after estimated growth rate of 2.7% in 2011 , noting that growth will improve in 2013 and will reach 3.1%.

The World Bank warned that developing countries must be prepared to risk a new decline, while the debt crisis in the euro area and weak growth in many emerging economies, the major negative impact on growth prospects in the world

http://bit.ly/xY17kq

Posted on » Monday, October 31, 2011
BAGHDAD: Iraq’s gross domestic product (GDP) growth should rise to nine per cent in 2012 from around 6pc currently, mainly driven by an expected increase in oil production and exports, a senior central bank official said yesterday.

Iraq has some of the world’s largest oil reserves and is currently producing about 2.9 million bpd. High oil prices have helped the country earn billions of dollars more than projected this year.

“It will easily jump to 9pc next year, it will not be difficult. If production and exports in the oil sector rise, it is possible to reach that figure,” Iraqi Central Bank deputy governor Mudher Kasim said. (more…)