IMF/World Bank Conference indicates Iraq showing signs of economic growth

Abdolhossein yassiri: putting Iraq under the name of “the positive gap” of the economy by the World Bank guide to national economic growth Date: 2012-10-15 12: 33: 48 Monday

Baghdad (newsletter) … Finance Committee member MP/National Alliance/abdolhossein Al-yasiri, putting Iraq under the name “positive economic gap” by the World Bank and the International Monetary Fund at the Tokyo Conference to guide national economic growth and recovery during the recent period, to make use of this assessment in the activation of other economic sectors.

Al-yasseri said (News Agency news) Monday: there are signs that the national economy began to recover and rebound for two years but growth still weak due to the overall oil dependence and (95%).

He noted: the last Government towards restructuring the banking sector and agricultural initiative and now launching industrial initiative and give the private sector a major role will give an indication of future growth and development of the economy.

He added: the evaluation of the World Bank and the International Monetary Fund of the national economy and place it under the name “gap” positive evidence that the economy began to grow and flourish, stakeholders benefit from this international assessment in activating other economic sectors to diversify sources of national income.

He said Central Bank Governor Sinan Al-Shabibi while attending a World Bank meeting in Tokyo, Japan, the World Bank and the International Monetary Fund agreed to put Iraq under the name of “the positive gap site” for the economy during discussions of program Association institutions held in Tokyo, Japan.

Said: that global institutions urged Iraq to do more to attract foreign investor and global capital to work in Iraq and not continue to rely on oil as a basis for national economy