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FinancialNews


  • 03-04-19

    Yemeni, Iraqi economies to rebound: WB

    (MENAFN) Yemen and Iraq are forecast to see a significant rebound in their economies over the next period, the World Bank (WB) confirmed in a report.

    Economy in Yemen, the World Bank expects, will be witnessing an accelerated rebound despite a high risk rate.

    Meanwhile, Iraq is projected to record an economic growth of 2.8 percent this year following a 1.7 percent decline in 2017 and a slight rebound by 0.6 percent last year, the World Bank noted.

    It further added that "spending on reconstruction could potentially boost the country's economy in the years ahead."

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