2013-01-01 00:35:57 - Iraq Business Forecast Report Q4 2012 - a new country guide report on companiesandmarkets.com
Political progress in Iraq will remain slow. A broken power-sharing agreement, withdrawal of US troops and foreign intervention into northern Iraq all present risks to underlying stability, and the country risks falling back into a civil war. The Iraqi economy will be among the fastest growing in the world over the coming five years, driven by an aggressive increase in oil production and the start of large-scale infrastructure projects.
Major Forecast Changes
We have revised down our forecasts for real GDP growth, and now project the economy expanding 10.5% in 2012, down from our previous forecast of 12.0%. As a result of faster-than-expected decrease in food prices, we revised down our forecast for inflation, which we see averaging 6.5% in 2012,
down from 6.8% previously.
Key Risks To Outlook
Attacks on oil infrastructure due to terrorism or acts of political protest present downside risks to our growth forecasts. A breakdown of the coalition government could lead to a period of pronounced instability and slower growth.
Click for report details: www.companiesandmarkets.com/Market/All-Sectors/Country-Guide/Ira ..
Browse all All Sectors Country Guide Reports www.companiesandmarkets.com/Market/All-Sectors/Country-Guide?aCo ..
Browse all All Sectors Company Profile Reports www.companiesandmarkets.com/Market/All-Sectors/Company-Profile?a ..
Browse all Latest Country Guide Reports www.companiesandmarkets.com/Market/All/Country-Guide?aCode=f3fb3 ..
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.comâs online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.