S&P Renews Iraq’s Economic Outlook
A report by Standard & Poor's (S&P) praised Iraq's stable economic indicators, with expectations of an increase in oil production and exports in 2026. Credit ratings were raised to (B-/B), while maintaining a stable outlook. The agency forecasted that rising oil prices and increased production would boost revenues and lead to an economic growth of approximately 13% in 2027, with Iraq maintaining substantial international reserves that ensure flexibility in debt repayment.
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