By John Lee. The World Bank projects Iraq's economy will shrink by 0.9 percent in 2025, marking a downgrade of 2.3 percentage points from the April forecast. The contraction is mainly attributed to reductions in oil output as Iraq adjusts production to align with OPEC+ commitments. However, economic growth is expected to rebound strongly to […]
Iraq's Economy to Contract in 2025 Before Rebounding
