Iraq: Growth recovery despite structural woes

Country Views
Iraq: Growth recovery despite structural woes
  • Higher oil output should boost growth, but structural vulnerabilities, particularly high unemployment and a growing population, are being left unattended by the absence of any major legislative action.
  • The faltering of the Southern Iraq Integrated Project (SIIP) with US energy giant ExxonMobil reflects some of Iraq’s problems that need to be addressed.
  • Leaders in Baghdad and the Kurdistan regional capital Erbil have opened a fresh round of talks to resolve disputes over oil and territory, as new administrations in both cities look to reset their relationship.

Florence Eid-Oakden, Ph.D, Chief Economist

Charlene Rahall, Analyst

The Country Views series shines the spotlight on specific developments in MENA countries, analysing them from a local perspective to deliver forward looking views for businesses and investors.

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