IMF: Iraq tops the Middle East countries in GDP growth

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IMF: Iraq tops the Middle East countries in GDP growth

Post  Admin on Thu Apr 10, 2014 7:38 am


Editor Duraid Salman - Thursday April 10, 2014 09:05



Alsumaria News / Baghdad
International Monetary Fund released on Thursday, his report on the economic outlook for the countries of the world, and growth expectations during the current year and the year 2015, with a solution of Iraq at the forefront of the Middle East in terms of GDP.

The IMF said in the report, which I followed with "Alsumaria News", "Qatar and Iraq Dominate List expectations of GDP in 2014, reaching the expected rate of 5.9 percent, while more than Doha Baghdad in terms of expectations for 2015," noting that "the growth rate expected 7.1% vs. 6.7% of Iraq in 2015. "

The report added that "the United Arab Emirates Third solved by 4.4% for 2014 and 4.2 for 2015, while Algeria came in fourth place expectations of growth to reach 4.3% in 2014, and 4.1% in the year 2015."

He pointed out that "the Kingdom of Saudi Arabia, came fifth expectations of growth of up to 4.1% for 2014 and 4.2 for 2015, while Kuwait dissolved in fifth place anticipating growth in 2014 of 2.6% and 3.0% for 2015."

For the non-oil-exporting, between the report that "Morocco solution ranked first in terms of overall growth prospects for GDP for the year 2014 by 3.9% in 2014 and 4.9% for 2015," stressing that "Jordan" came in second with growth expected up to 3.5% for 2014 and 4.0 for 2015. "

And that "Tunisia was ranked third anticipating growth of up to 3.0% a year in 2014 and 4.5% for 2015," explaining that "Sudan ranked fourth expectations of growth of up to 2.7% for 2014 and 4.6 for 2015."

He stressed that "Egypt dissolved V. growth rate expected for the year 2014 amounting to 2.3% and 4.1% for 2015, while Lebanon VI came to a growth rate of one percent for 2014 and 2.5 for 2015."

Referred to the GDP which is known for short as "GDP" is not a measure of the standard of living in the economy, however, is commonly used as a measure of standard of living, and the reason that all citizens benefit from the increased production in the state.


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