IMF: Iraq will be a prime contributor to the processing of the international oil market and we expect the growth rate of up to 9%
Said the International Monetary Fund, said on Wednesday that Iraq has become one of the leading countries oil production, as ranked second largest oil producer in OPEC and the third largest global exporter and fifth at the level of reserves estimated at 143 billion barrels, while expected to continue to expand oil production Iraqi the medium term to be key contributors to the oil-processing of the international market, despite the suffering of the challenges, the country is facing major financial challenges after three decades of siege and war, as you need to convert its oil wealth into assets based upon the processes of reconstruction and development continuously.