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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    The World Bank indicates "significant economic growth" in Iraq

    Rocky
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    economy - The World Bank indicates "significant economic growth" in Iraq Empty The World Bank indicates "significant economic growth" in Iraq

    Post by Rocky Wed 07 Dec 2022, 10:50 am

    The World Bank indicates "significant economic growth" in Iraq

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    Economy News - Baghdad
    The World Bank confirmed, on Wednesday, that the Iraqi economy is witnessing a significant growth of 10.5 percent, while referring to the increase in the productivity of the non-oil sector in Iraq.
    The World Bank told the official news agency, "The Iraqi economy is witnessing significant growth, reaching (10.5%) during the first half of the year 2022, compared to a growth rate of (2.8%) in 2021," noting that "the high rate of oil production and export quantities and prices." Globally, it had a major role in this increase in addition to increasing the productivity of the non-oil sector in Iraq.
    He added, "The increase in public revenues represents an important opportunity that supports the future prospects of the Iraqi economy towards diversifying the economy and increasing the contribution of non-oil sectors to the gross domestic product," explaining that "despite the favorable development opportunities in Iraq, the Iraqi economy is still suffering from problems." Many are looking for urgent solutions to sustain resilience and economic growth, including the water crisis and climate challenges.

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    • Post n°2

    economy - The World Bank indicates "significant economic growth" in Iraq Empty World Bank: The Iraqi economy is witnessing great growth

    Post by Rocky Wed 07 Dec 2022, 11:07 am

    [rtl]World Bank: The Iraqi economy is witnessing great growth[/rtl]

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    Today, Wednesday, the World Bank confirmed that the Iraqi economy is witnessing significant growth, reaching 10.5 percent, while referring to the increase in the productivity of the non-oil sector in Iraq.
    The bank said, “The Iraqi economy is witnessing a significant growth that reached (10.5%) during the first half of the year 2022 compared to a growth rate that reached (2.8%) in 2021,” noting that “the high rate of oil Production and export quantities and global prices had a major role in this increase in addition to increasing the productivity of the non-oil sector in Iraq.
    He added, "The increase in public revenues represents an important opportunity that supports the future prospects of the Iraqi economy towards diversifying the economy and increasing the contribution of non-oil sectors to the gross domestic product," explaining that "despite the favorable development opportunities." In Iraq, the Iraqi economy is still suffering from problems." Many are looking for urgent solutions to sustain resilience and economic growth, including the water crisis and climate challenges.
    While the Central Bank of Iraq affirmed, “its monetary policy seeks to achieve stability and economic growth by using various monetary policy tools, both traditional and unconventional,” noting that “its various initiatives, whose amount exceeded (18) trillion dinars, contributed to providing appropriate financing on soft terms for many projects.” Small, medium and large to support the private sector and economic diversification, including an amount of (1) trillion dinars to finance the purchase of renewable energy systems for individuals and projects.



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