IMF/World Bank Conference Indicates Iraq Showing Signs of Economic Growth
|October 16, 2012||Filled under Iraq Daily News|
Baghdad (newsletter) … Finance Committee member MP/National Alliance/abdolhossein Al-yasiri, putting Iraq under the name “positive economic gap” by the World Bank and the International Monetary Fund at the Tokyo Conference to guide national economic growth and recovery during the recent period, to make use of this assessment in the activation of other economic sectors.
Al-yasseri said (News Agency news): there are signs that the national economy began to recover and rebound for two years but growth still weak due to the overall oil dependence and (95%).
He noted: the last Government towards restructuring the banking sector and agricultural initiative and now launching industrial initiative and give the private sector a major role will give an indication of future growth and development of the economy.
He added: the evaluation of the World Bank and the International Monetary Fund of the national economy and place it under the name “gap” positive evidence that the economy began to grow and flourish, stakeholders benefit from this international assessment in activating other economic sectors to diversify sources of national income.
He said Central Bank Governor Sinan Al-Shabibi while attending a World Bank meeting in Tokyo, Japan, the World Bank and the International Monetary Fund agreed to put Iraq under the name of “the positive gap site” for the economy during discussions of program Association institutions held in Tokyo, Japan.
Said: that global institutions urged Iraq to do more to attract foreign investor and global capital to work in Iraq and not continue to rely on oil as a basis for national economy.
Related Iraqi Articles-
Iraqi Dinar Investment?
WILL THE IRAQI DINAR BE REVALUED?
Iraqi Dinar: Scam or God-Send?
Central Bank Reveals Details of the Iraqi Currency
Cancellation of “Zeros” from Iraqi Currency Won’t Solve Iraq’s Economic Crisis
Iraqi Dinars: Smart Investment or Smoke and Mirrors?
Iraqi Dinar Revaluation Soon
Iraq Dinar Value Seems Likely To Significantly Increase
The Recent Iraq 2011 Budget May Have Leaked the Coming Currency Revaluation
Buy New Iraqi Dinars and Put Them in a Drawer
Columbus Hooters to Visit Iraq, Kuwa
Iraqi Dinar Trade – What Next After the Revaluation?
The Deletion of Three Zeroes From the Iraqi Currency Is a National Demand
Investing in Iraq- What Investors Have Been Waiting For
Crisis of Fiat Currencies: US Dollar Surpluses Converted Into Gold
Gold Dinar Will End Currency Wars