Al-Kazemi Consultant: GDP growth in Iraq will continue until 2023
Politician Yesterday, 20:45
Baghdad - Conscious - Nassar Al Haj
The financial adviser to the Prime Minister of the Council of Ministers, the appearance of Mohammed Saleh on Wednesday revealed the size of GDP for the next year, while defining the current GDP factors.
Saleh said in a statement to the Iraqi News Agency (AFP). The World Bank report showed that growth in Iraq in Iraq in 2022, the highest among the Middle Eastern group and the group of oil developing countries in particular (8.9%) Annually, an average, even the rate adopted by the current national development plan is more than (positive 7%) annually."
He added that "high growth figure indicates positive implications in achieving large expectancy accumulation in 2022, particularly in the agriculture and oil sectors, the two leading sectors contribute to this significant increase in GDP."
He pointed out that "Iraq's return to the operation of its full oil capacity and the reflection of the energy market with its current urgent needs is one of the reasons for this high growth, especially as Iraq has the capacity of existing oil backup more than 1 million barrels," indicating that
"the current agricultural season, especially in the sector The production of grain differs positive data prepares better than 2021 indicators, the year, which has grown annually in GDP (positive 1.4%) after the recovery of growth levels to meet with a serious decline in economic growth, 8.6% .
He pointed out that "the power of leverage at the state and the market is in their best time,
it will help contain unemployment, maximize operating and reduce the area of al-Aziz,
especially when it supports the legislation of emergency law on food security and development," he said, adding that
the oil assets will turn against Iraq's oil interests In the next one, a sudden decline in oil revenues, especially over the next few years,
which means that the possibility of sustaining growth will continue when reselling surplus financial resources in operations and enterprise operators and to stay away from the manifestations of consumer waste and in accordance with sustainable development adopted by the current national development plan For the country."
He stressed that "the World Bank report is that growth in gross domestic product will continue 2023,
but at rates will be less than 5%, because of the lack of doubling oil production in a short-term immediate investments," he said.
GDP more than 2.6% growth rate of Iraq annually will contribute to economic prosperity and improve individual share in that output."