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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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    Forecast for GDP for Iraq 10.5%

    Rocky
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    Forecast for GDP for Iraq 10.5% Empty Forecast for GDP for Iraq 10.5%

    Post by Rocky Mon 09 Sep 2013, 7:39 am

    Forecast for GDP for Iraq 10.5%

    Last update: 08 September 2013 03: 37 pm

    Economists see signs of optimism to achieve significant economic growth due to Iraq, according to specialists, this comes through digging oil sites estimated amounts to about 350 billion barrels of additional drilling in more than 450 field in various regions of Iraq, with more than 530 complex geology stores tremendous oil reserves.

    A member of the Baghdad Chamber of industry Nabil cover, citing a report issued by the Bank of America Merrill Blanche, that Iraq will witness a growth in the gross domestic output of up to 10.5%, followed by China with 7.7%.
    He said in a press statement that Iraq launched the five-year national development plan 2010-2014, which aims to reduce disparities and barriers between urban and rural areas, and the creation of infrastructure and social services and jobs, increasing to 9%.

    The IMF predicted in a report released in March that the Iraqi economy is growing at a rate of 9% during the year 2013, the Fund cautioned that the country needed to better ways to control government spending and ending spending outside budget. the expert considers oil Alaa Al-Asadi of eternal fire and oil development in a press statement that Iraq "will be the focus of energy in the coming years, according to a report by the General Union of Chambers of Commerce, industry and Agriculture of Arabic in Beirut last year, which Stresses that Iraq possesses huge reserves of oil and gas. "
    Al-Asadi says "there are 415 locations undetected in Iraq increases its reserves of 215 billion barrels and gas wealth" and refers to the European countries expressed their interest in this field.

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