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Established in 2006 as a Community of Reality

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International monetary forecast a sharp slowdown in the Iraqi economy this year and a strong recover

rocky
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International monetary forecast a sharp slowdown in the Iraqi economy this year and a strong recover Empty International monetary forecast a sharp slowdown in the Iraqi economy this year and a strong recover

Post by rocky on Wed 15 Apr 2020, 2:25 am

International monetary forecast a sharp slowdown in the Iraqi economy this year and a strong recovery next year

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Economy News _ Baghdad
The International Monetary Fund expected, on Wednesday, a sharp slowdown in the Iraqi economy this year, followed by a strong recovery next year.
The fund said in a report for the month of April that it is expected that "there will be a sharp slowdown in the Iraqi economy this year, followed by a strong recovery in 2021."
 
He added that "Iraq increased its real GDP in 2019 to 3.9%, but it is expected that this year will decrease by 4.7%, while next year 2021 will grow significantly by 7.2%."
 
He expected that "consumer price inflation in Iraq will reach 0.8% in 2020 and 1.0% in 2021."
 
He pointed out that "the pandemic of COVID-19 will cause human costs to rise and rise all over the world, and the necessary protection measures severely affect economic activity."
 
He noted that "as a result of the epidemic, the global economy is expected to contract sharply by -3% in 2020, which is much worse than it was during the 2008-2009 financial crisis."

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rocky
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International monetary forecast a sharp slowdown in the Iraqi economy this year and a strong recover Empty International monetary forecast a sharp slowdown in the Iraqi economy this year and a strong recover

Post by rocky on Wed 15 Apr 2020, 2:42 am

[size=35][size=35]International monetary forecast a sharp slowdown in the Iraqi economy this year and a strong recovery next year[/size]
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Economie

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2020-04-15 | 01:56
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[size=18]The International Monetary Fund expected, on Wednesday, a sharp slowdown in the Iraqi economy this year, followed by a strong recovery next year.


The fund said in a report for the month of April that it is expected that "there will be a sharp slowdown in the Iraqi economy this year, followed by a strong recovery in 2021."
 
He added that " [You must be registered and logged in to see this link.]  increased its real GDP in 2019 to 3.9%, but it is expected that this year will decrease by 4.7%, while next year 2021 will grow significantly by 7.2%."






 
He expected that "consumer price inflation in [You must be registered and logged in to see this link.]  reach 0.8% in 2020 and 1.0% in 2021."
 
He pointed out that "the pandemic of COVID-19 will cause human costs to rise and rise all over the world, and the necessary protection measures severely affect economic activity."
 
He noted that "as a result of the epidemic, the global economy is expected to contract sharply by -3% in 2020, which is much worse than it was during the 2008-2009 financial crisis."


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