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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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    Al-Kazemi's advisor: The growth rate expected to be achieved during the current year is unprecedente

    Rocky
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    Al-Kazemi's advisor: The growth rate expected to be achieved during the current year is unprecedente Empty Al-Kazemi's advisor: The growth rate expected to be achieved during the current year is unprecedente

    Post by Rocky Tue 20 Sep 2022, 4:40 am

    [size=46]Al-Kazemi's advisor: The growth rate expected to be achieved during the current year is unprecedented[/size]
    Economie
    12:43 - 09-19-20-20
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    The financial advisor to the Prime Minister, Mazhar Muhammad Salih, described, on Monday, the rate of growth expected to be achieved during the current year as "unprecedented", expecting the rates to continue to increase during the next year.

    Saleh said in a statement to the official newspaper, that "the World Bank estimated that growth rates in Iraq's GDP would reach 9 percent during 2022, according to a report it launched during the current year."

    Salih considered, "the expected unprecedented growth rate in Iraq," attributing the reasons for achieving it to "the increase in the quantities produced of oil and their reaching broader production capacities after removing the restrictions imposed by the (OPEC +) agreement in the year 2020, which provides for reducing the quantities of oil produced by about an increase One million barrels to remove the glut in the oil market during the Corona crisis.

    He explained, "Economic growth in Iraq decreased to (minus 11) percent during the Corona pandemic, after the sectors of the economy stopped working for about six months," adding that "the operation of the economic sectors made the economic cycle of Iraq reach its peak, according to World Bank estimates. , as reinforced by the high growth figure in GDP.

    Salih expected that "the estimates of growth during the year 2023 range between 5-4%, a percentage that we find reasonable after the stability of the economic cycle, especially since the growth rate exceeds the growth rate of the population in all cases, which should be reflected on the relative economic well-being."

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