The Arab Organization to Guarantee Investments and Exports released a report and voiced expectations that the Iraqi economy will be the highest among Arab economies during this year. The report says that the growth of Arab Gross Production will reach to $110 billion to reach $2.38 trillion. It expects Iraqi growth to reach 12%, followed by Qatar with 6%.
Mauritania will be the third and Djibouti the fourth with 5%.
Morocco and Kuwait were in the fifth degree by 4.6%.
According to the report, Egypt and Syria will have the lowest growth rates among the Arab countries with 1.8 and 1.5% respectively.
According to the organization, Sudan and Yemen will have 0.4% and 0.5% negative growths respectively.
Aswat al-Iraq
21 May
Iraqi economic growth highest among Arab countries in 2012
Aswat al-Iraq
The resource of credible, industry-specific updates