8% economic growth forecast for Iraq

Fitch Financial Services Center predicted the growth of Iraq’s GDP this year by 8%.
Fitch Financial Services Center predicted Iraq’s national GDP growth in 2022 to be around 8%, with an increase of 5% compared to last year.
The center added that the increase in quick-paying loans, which is partially supported by the Central Bank of Iraq, has increased the growth of Iraq’s non-oil sector to 4 percent.
Although there are some official restrictions on economic activities related to Corona, in practice it has become largely insignificant.

Iraqi News Agency


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