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Expectations and escalating rates of economic growth
26/06/2012 0:00
BAGHDAD - Al Sabah
International Monetary Fund forecast that the growth rate in the Iraqi economy will reach 11.1 percent this year. According to a poll conducted by the U S any claim, that the Iraqi economy shows signs of life remained brisk increase achieved in its oil industry and the decline in violence, as Iraq was able help of international oil companies to raise its oil production to 3 million barrels per day. According to the newspaper surveyed, that the investments foreign, of encouraging signs that attest to the recovery of the Iraqi economy, as valued in the last year, 55.67 billion dollars, indicating that investors may over look that used to be the area of Iraq where the violence of foreign investment to demonstrate that the country is going in the right way. The paper hinted that the U.S. companies were reluctant to enter into Iraq initially unlike Chinese companies that did not show such a frequency, but U.S. companies are emerging more attention recently in Iraq.
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