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BAGHDAD - Farah pumice
ratios Economists GDP growth in Iraq to the activity of oil and of increasing its imports, as well as the contribution of the commercial sector.
comes at a time announced by the Ministry of Planning in late August that the rate of growth of the Iraqi economy is about 9 percent during the current year.
economic expert, Dr. Majid picture said in a statement (morning): "The growth and development process is a bone of contention in regards to getting the figures related to macroeconomics," adding that the microeconomic still suffers from obstacles as well as the production and service sectors experiencing problems and especially the role of the electricity sector, industry, agriculture and basic services in the composition of GDP, excluding the oil sector and the trade sector.
said Suri that the main problem for Atkmen in the growth rate of GDP caused by increased oil imports, but in the process of development and the contribution of the rest of the productive sectors in the process of configuring GDP total كالقطاع agricultural, industrial and other sectors. noted expert that the biggest part of the development process resulting from the activity of oil, ie oil imports, in addition to the commercial sector, and business dealings wide with other countries. expert explained that the growth rate of the industrial sector, which contributes to the gross domestic product is still ranges between 1.5-2.5 percent, while the agricultural, it refers to the type of improvement, noting that he is still weak in relation to the possibilities of agricultural enjoyed by Iraq, which it constitutes up to 18 percent of GDP, while it is now constitute around 7 , 8 percent.
saw expert that the rate of economic growth in Iraq, which constitute nearly 9 percent during the current year, but the aggregate figures do not mean anything for the figures basic production-related real.
was Merrill Lynch, the U.S. has stated in a report issued by the end of November 2012, according to a poll conducted by that Iraq would be the top growth among the countries in the world in GDP and will grow in the production of the local up to 10.5 percent, followed by China with 7.7 percent.
while data showed Wall Street bank that Iraq will achieve the highest growth rate in GDP for 2012, which stood at 10.5 percent, on the contrary, the best ten economies in the world will not exceed the rate of growth, which is estimated at 5.5 percent for the same year. [You must be registered and logged in to see this link.]
