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[size=36]Iraq ranks 15th in the Arab economies competitiveness index[/size]
political| 11:40 - 03/02/2023
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Baghdad - Mawazine News
The Arab Monetary Fund revealed that the UAE maintained the first position in the Arab economies competitiveness index, as a result of its acquisition of the first position in the investment environment and attractiveness index.
The Arab Monetary Fund said, in the Competitiveness of Arab Economies 2022 report, that Qatar ranked second in the general index of competitiveness of Arab economies, while Saudi Arabia, Kuwait, the Sultanate of Oman and Bahrain ranked third, fourth, fifth and sixth, respectively.
The following is the order of the Arab countries in the index:
1- UAE 2- Qatar 3- Saudi Arabia 4- Kuwait 5- Sultanate of Oman 6- Bahrain 7- Morocco 8- Jordan 9- Tunisia 10- Egypt 11- Algeria 12- Mauritania 13- Lebanon 14- Libya 15- Iraq 16- Yemen 17- Sudan.
According to the report, the UAE and Saudi Arabia occupied the first and second positions in the government finance sector index, and this is attributed to the UAE obtaining an advanced position in the index of financial freedom, and the second position in the surplus / deficit to GDP index, while Saudi Arabia benefited from its advanced position in the index of financial freedom. Public revenue index to GDP.
The UAE also ranked first at the level of Arab countries in the monetary and banking sector index, benefiting from its advanced position in the domestic liquidity index of GDP and in the indicators of the growth rate of foreign assets and the ratio of credit granted to the private sector to GDP, while Kuwait came in second place. As a result of the decline in the non-performing loans index out of the total loans and its obtaining an advanced position in the indicator of the ratio of credit granted to the private sector to the GDP. Ended 29 / H
The Arab Monetary Fund revealed that the UAE maintained the first position in the Arab economies competitiveness index, as a result of its acquisition of the first position in the investment environment and attractiveness index.
The Arab Monetary Fund said, in the Competitiveness of Arab Economies 2022 report, that Qatar ranked second in the general index of competitiveness of Arab economies, while Saudi Arabia, Kuwait, the Sultanate of Oman and Bahrain ranked third, fourth, fifth and sixth, respectively.
The following is the order of the Arab countries in the index:
1- UAE 2- Qatar 3- Saudi Arabia 4- Kuwait 5- Sultanate of Oman 6- Bahrain 7- Morocco 8- Jordan 9- Tunisia 10- Egypt 11- Algeria 12- Mauritania 13- Lebanon 14- Libya 15- Iraq 16- Yemen 17- Sudan.
According to the report, the UAE and Saudi Arabia occupied the first and second positions in the government finance sector index, and this is attributed to the UAE obtaining an advanced position in the index of financial freedom, and the second position in the surplus / deficit to GDP index, while Saudi Arabia benefited from its advanced position in the index of financial freedom. Public revenue index to GDP.
The UAE also ranked first at the level of Arab countries in the monetary and banking sector index, benefiting from its advanced position in the domestic liquidity index of GDP and in the indicators of the growth rate of foreign assets and the ratio of credit granted to the private sector to GDP, while Kuwait came in second place. As a result of the decline in the non-performing loans index out of the total loans and its obtaining an advanced position in the indicator of the ratio of credit granted to the private sector to the GDP. Ended 29 / H
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