1-1 of 1 results for subject:Iraq
Librarians' tools
- Search time
- 0.147 seconds
- Solr query time
- 0.004 seconds
- Search query
- subject:Iraq
- We searched for
- subject_t:Iraq OR subject_ses:11044
Type
House
Session
Year
Department
Member
Primary member
Answering member
Legislative stage
Legislation
Subject
More
Economic growth (1)
Publisher
To ask the Secretary of State for International Development what the economic growth rate has been in Iraq in each of the past four years.
To ask the Secretary of State for International Development what the economic growth rate has been in Iraq in each of the past four years.
Asked by
Andrew George
(Liberal Democrat)
Answered by
Hilary Benn
(Labour)
Answering body
Department for International Development
Type
Written questions
Status
Answered
Tabled on
17 January 2006
For answer on
19 January 2006
Answered on
25 January 2006
Under Saddam Hussein's regime between 2001 and 2003, the economy shrank at an average rate of 9 per cent. per annum. After the 2003 conflict the economy recovered, with an initial economic growth rate of 46 per cent. in 2004. In 2005, the Iraqi authorities were successful in promoting macroeconomic stability despite the extremely difficult security environment, and economic growth was a modest 2.6 per cent. These are estimates which the International Monetary Fund (IMF) has accepted, but it acknowledges the data quality as poor. In 2006, the IMF predicts an increase in economic growth to 10 per cent., a reduction in inflation, and an increase in net international reserves, advancing Iraq's transition towards a market economy.
Subjects
Iraq; Economic growth
Date
25 January 2006
Reference
44445; 441 c2145W
House
House of Commons