Middle East Economic Survey


No 48



IMF Sees Volatile Oil Prices As Risk For Economic Growth In Iraq

Iraqs real GDP growth is expected to reach 2.6% in 2010 on the back of improving security and a recovering non-oil sector, the International Monetary Fund (IMF) has said in a country review released last month. Oil exports remained below projections in the first half of 2010, and are not expected to exceed an average of 1.92mn b/d for the whole year. But due to...