Iraq: Iraq’s Economic Growth to Decline in 2023, 2024 Due to Oil Production Cuts: IMF

Dec 20, 2023 | Middle East Economy
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The International Monetary Fund (IMF) has predicted a decline in Iraq’s Gross Domestic Product (GDP) growth due to oil production cuts by OPEC+ and the interruption of the pipeline with Turkey. However, the IMF noted that Iraq’s economic activity is recovering despite these challenges.