Middle East Economic Survey


No 40



World Bank Urges Iraqi Financial Sector Reform

Iraq must further reform its financial sector, including banks, otherwise its economic growth will suffer, warns a World Bank report published on 24 September. Work is needed on a number of fronts, indicates the 244 page-long Republic of Iraq Financial Sector Review, noting that Iraq was last among Arab countries in the survey of Doing Business in the Arab World 2011. Government oil...