Iraq

Real GDP will grow by an average 8.0% annually over the next five years, on the back of increasing oil output and strong growth in the non-oil sector.

Inflation will remain under control over the coming years due to an improved security situation, government subsidies and the growing credibility of the Central Bank of Iraq.

While current high oil prices will provide a boon to central government finances this year, we expect the budget to fall into deficit in 2009, and for deficits to widen over the forecast... 2008-08-05

Iraqi Kurdistan is already de facto independent and a constitutionally mandated plebiscite in Kurdish regions to its south will likely expand its borders. If Kirkuk joins Kurdistan... 2008-08-01

Opportunities for private sector investment are set to balloon in Turkey's Southeast Anatolia region due to a recently announced 5-year TRY26.8bn government investment plan. The infrastructure,... 2008-06-13

Opportunities for private sector investment are set to balloon in Turkey's Southeast Anatolia region due to a recently announced 5-year TRY26.8bn government investment plan. That... 2008-06-13

BMI View: Iraq's post-war bounce looks set to continue over the coming years, as real GDP grows by an average 8.5% annually, on the back of strong growth in the non-oil sector and... 2008-05-15

We expect the Central Bank of Iraq (CBI) to maintain its strategy of allowing gradual appreciation of the dinar, while keeping interest rates generally stable, in order to ensure... 2008-05-14

BMI View: While we expect Iraq's external debt burden to rise slightly over the coming years ongoing economic growth and high oil prices will mean that debt as a percentage of GDP... 2008-05-13

BMI View: While Iran's stalling of the fourth round of talks with the US over Iraq's security could potentially destabilise relations with Baghdad, we expect the two to remain close... 2008-05-12