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Analysis by Region - MENA

Publisher Oxford Economics
Published Mar 31, 2025
Length 6 Pages
SKU # OFE19906804

Description

We've raised our 2025 GDP growth forecast for Iraq to 1.2% to reflect the recalibration of our measurement scopes for Iraq's non-oil activities to better align with official data releases. Our upward revision was also driven by our better expectations for this year's oil production due to OPEC+'s commitment to abide by their plan to boost oil supply from April, a quarter earlier than previously anticipated.

Table of Contents

6 Pages
Iraq: Energy crisis and geopolitics add risk to the outlook
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Medium-term prospects
Economic risk
Economic risk evaluation
Background
Economic development
Structure of the economy
Balance of payments
Policy and politics

Pricing

Currency Rates
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