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World Bank: Iraq maintained its status within the upper middle-income category
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[rtl]Baghdad / NINA / The World Bank Group announced today, Wednesday, that Iraq has maintained its level within the upper segment of middle-income countries.
According to the bank's report for July of the current year 2024, "Iraq has maintained its level within this segment since 2012."
The bank added that it classifies the world's economies into four income groups: low-income countries, lower-middle-income countries, upper-middle-income countries, and high-income countries, based on the per capita share of gross national income. The measures of gross national income are expressed in US dollars. It pointed out
that "all the countries of the Arabian Gulf are within the upper high-income segment. The bank indicated that "this year, three countries - Bulgaria and Belarus - moved from the upper-middle-income category to the high-income category."
Algeria, Iran, Mongolia, and Ukraine moved this year from the lower-middle-income category to the upper-middle-income category. / End8[/rtl]
According to the bank's report for July of the current year 2024, "Iraq has maintained its level within this segment since 2012."
The bank added that it classifies the world's economies into four income groups: low-income countries, lower-middle-income countries, upper-middle-income countries, and high-income countries, based on the per capita share of gross national income. The measures of gross national income are expressed in US dollars. It pointed out
that "all the countries of the Arabian Gulf are within the upper high-income segment. The bank indicated that "this year, three countries - Bulgaria and Belarus - moved from the upper-middle-income category to the high-income category."
Algeria, Iran, Mongolia, and Ukraine moved this year from the lower-middle-income category to the upper-middle-income category. / End8[/rtl]
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