World Bank: Growth in Iraq's GDP for the years 2017 and 2018 are very few and scary

Since 10/07/2016 17:32 pm (Baghdad time)
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The World Bank said in his study, that Iraq is the growth in GDP in 2017 and 2018 for "very small", but predicted future conditions improved, while stressing that the inflation rate will remain at 2% for the years 2017 and 2018.


Saw the World Bank in a study monitored by him / balances News / "Those who join the Daesh not because of that education is not good that the poor among them , but they did not find work and not distracting."


According to the study, " the Iraqi debt accounts for 70% of GDP in 2016 , while 56% of GDP in 2015".


He pointed to " the need for Iraq for the growth and revitalization of industry, agriculture and domestic investment while reducing the privileges of members of senior high functional and bicycles in order to fulfill the debt and that does not turn to religion size beyond the capacity of repayment."


He said "these steps could raise living standards for the poor , who arrived extent of 30% in the South and 22.5% in general , according to the (2014 estimates) and in the control areas Daesh poverty reached (41.2%)."


" The inflation rate will remain at 2% during the years 2017 and 2018 , " pointing out that "10 million people need help because Daesh and 3.4 million are already displaced operations due to organize Daesh and need direct assistance."


The World Bank, said a month ago that the economic growth of the countries that are experiencing battles, such as Iraq, Syria, Yemen, Libya rates "will not improve soon , " While the likely economic situation in Iraq remains "fragile" with the continuing violence and the fighting and the decline in oil prices in exchange for higher requirements costs military and humanitarian, the gross domestic product of Iraq will grow by 4.3 percent this year , with the possibility of rising to 5.6 percent next year.


It suggested the World Bank, to "keep the economic situation in Iraq is fragile , with continuing violence and fighting and falling oil prices compared with a rise of military and humanitarian needs of the costs and the increased incidence of internal displacement and displacement , " asserting that " the gross domestic product ( GDP ) of Iraq 's growth rate during the current 2016 will be 4.3% percent , with the possibility of rising to 5.6 percent during the year 2017 ".anthy 29 / tc n




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