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[size=17]Mubasher: Fitch Ratings expected the real GDP growth of Iraq by about 8% in 2022, after it was 3% in 2021.[/size]
[size=17]Today, Tuesday, the agency stated that the increase in average annual oil production will lead to a recovery of 11% in oil GDP in 2022, which was a constant average in 2021, despite the increase in production rates in the second half of 2021.[/size]
[size=17]The agency added that rapid lending growth, backed in part by lending initiatives from the Central Bank of Iraq, will drive non-oil growth by 4% this year, according to the Iraqi News Agency.[/size]
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Fitch Ratings Agency
9, 06, 2022[size=17]Mubasher: Fitch Ratings expected the real GDP growth of Iraq by about 8% in 2022, after it was 3% in 2021.[/size]
[size=17]Today, Tuesday, the agency stated that the increase in average annual oil production will lead to a recovery of 11% in oil GDP in 2022, which was a constant average in 2021, despite the increase in production rates in the second half of 2021.[/size]
[size=17]The agency added that rapid lending growth, backed in part by lending initiatives from the Central Bank of Iraq, will drive non-oil growth by 4% this year, according to the Iraqi News Agency.[/size]
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