Iraq Business Forecast Report Q4 2014 - New Study Released

Core Views

* Risks of a return to full-blown civil war are elevated following the takeover of jihadist group Islamic state (IS) of the country's north and west.
* The Iraqi economy will grow at a rapid pace in 2014 and 2015, however decelerating oil export growth will lead to slowing economic expansion over the medium term.

Major Forecast Changes

* We have revised down our 2014 and 2015 economic growth forecasts for Iraq, given high risks of a return to sectarian civil war. We project the economy to expand by 8.6% and 8.2% in real terms in 2014 and 2015 respectively, from our previous forecasts of 9.0% growth this year and 9.4% the next.

Key Risks To Outlook

* Islamic State could succeed in taking over some territory in Southern Iraq, disrupting oil exports.
* Security in the semi-autonomous Kurdish region is in jeopardy as a result of IS's takeover of northern Iraq in June.

Full Report Details at
- http://www.fastmr.com/prod/871626_iraq_business_forecast_report_q4_2014.aspx?afid=301

The Iraq Business Forecast Report helps businesses with market assessment, strategic planning and decision making to promote growth and profitability in Iraq and is an essential tool for CEOs, Chairmen, Finance Directors/CFOs, Managing Directors, Marketing/Sales Directors with commercial interests in this emerging market..

An influential new analysis of Iraq's economic, political and financial prospects through end-2017, just published by award-winning forecasters, Business Monitor International (BMI).

Key Uses

* Forecast the pace and stability of Iraq's economic and industry growth through end-2017.
* Identify and evaluate adverse political and economic trends, to facilitate risk mitigation.
* Assess the critical shortcomings of the business environment that pose hidden barriers and costs to corporate profitability.
* Contextualise Iraq's country risks against regional peers using BMI's country comparative Risk Ratings system.
* Evaluate external threats to doing business in Iraq, including currency volatility, the commodity price boom and protectionist policies.

The Iraq Business Forecast Report by Business Monitor International (BMI) includes three major sections: Economic Outlook, Political Outlook and Business Environment.

Economic Outlook:

How will the Iraqi economic policy-making and performance impact on corporate profitability over 2013-2017?

BMI provides our fully independent 5-year forecasts for Iraq through end-2017 for more than 50 economic and key industry indicators. We evaluate growth, and also forecast the impact of economic management.

Economic Outlook Contents

The Iraq Business Forecast Report features BMI's forecasts with supporting analysis for 2013 through to end-2017, set against government views and BMI's evaluation of global and regional prospects.

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