Baghdad / Baghdad Uz..aaln the International Monetary Fund, said on Tuesday that the Iraqi economy will shrink this year instead of growing as expected in the past.
The International Monetary Fund said in its report on the prospects for the global economy in October and I followed / Baghdadi News /, that “it is expected to drop GDP Iraqi by 2.7 percent this year instead of growing by 5.9 percent as the International Monetary Fund forecast in April the past. ”
He added that “the reasons for the contraction of the Iraqi economy back to the deteriorating security situation and control the organization of the Islamic State” Daash “large areas of Iraq.”
It is noted that economists warned earlier in the impact of the difficult security conditions experienced by Iraq on the economy Alaraca.anthy 21 / j