2025-06-29T17:15:08+00:00
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Shafaq News – Baghdad
Iraq is projected to post the fourth-highest economic growth among Arab oil producers in 2025, according to the International Monetary Fund (IMF).
The IMF report forecasted Iraq’s growth at 4.1%, a sharp recovery from just 0.1% in 2024. Libya led the region with an expected 13.7% expansion, followed by the United Arab Emirates at 5.1% and Saudi Arabia at 4.6%.
Algeria is projected to grow by 4%, placing fifth, while Kuwait is forecast at 3.3%, Bahrain at 3.2%, Oman at 3.1%, and Qatar at 1.9%.