[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-108913-en":3,"doc-seo-108913-105":31,"detail-sidebar-cat-0-en-105":93},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":28,"seo_description":14,"update_tm":29,"read_time":30},108913,13056703019662,"Evangeline","https://ap-avatar.wpscdn.com/avatar/be000253a8e92610077?_k=1778726343310543188",8,"Research & Report","Iraq Economic Monitor - Navigating the Perfect Storm (Redux) - With a Special Focus on Laying the Foundation for a New Economy in Iraq: Digital Transformation - Spring 2020","The Iraq Economic Monitor: Navigating the Perfect Storm (Redux) (Spring 2020) assesses recent macroeconomic and policy developments in Iraq, covering output and demand, oil and gas dynamics, public finance, the external sector, monetary policy and prices, and the business environment. It highlights outlook and risks under stress from oil price shocks and constrained private-sector credit. A special focus examines how digital transformation can strengthen Iraq’s digital economy through infrastructure, digital financial services, platforms, skills, and digital entrepreneurship, outlining priorities for laying the groundwork for a new economy.","Iraq Economic Monitor  \nNavigating the Perfect Storm  \n(Redux)  \nWith a Special Focus on Laying the Foundation for a New Economy in Iraq: Digital Transformation  \nSPRING 2020  \nMiddle East and North Africa Region  \nMacroeconomics, Trade & Investment  \nPub lic Disclosure Authorized Pub lic Disclosure Authorized Pub lic Disclosure Authorized Pub lic Disclosure Authorized  \nIraq Economic Monitor  \nNavigating the Perfect Storm (Redux)  \nWith a Special Focus on Laying the Foundation for a New Economy in Iraq:  \nDigital Transformation  \nSPRING 2020  \nMiddle East and North Africa Region  \nTABLE OF CONTENTS  \nAcknowledgments  ..................................................... v  \nAcronyms  ...........................................................vii  \nExecutive Summary  .................................................... ix  \nالملخص التنفيذي  ...................................................... xi  \nChapter 1 Recent Economic and Policy Developments  ............................. 1  \nIntroduction  ................................................................................ 1  \nOutput and Demand  ........................................................................ 2  \nOil and Gas Developments  ................................................................... 5  \nPublic Finance  ............................................................................. 6  \nExternal Sector  ............................................................................. 8  \nMonetary Policy and Prices  .................................................................. 8  \nBusiness Environment and Private Sector Development  ......................................... 12  \nOutlook and Risks  ......................................................................... 13  \nOutlook .............................................................................. 13  \nRisks  .................................................................................... 15  \nChapter 2 Laying the Foundation for a New Economy in Iraq: Digital Transformation  .......... 19  \nIntroduction  ............................................................................... 19  \nThe Importance of the Digital Economy  .......................................................20  \nCurrent State of Iraq’s Digital Economy  .......................................................21  \nDigital Infrastructure .................................................................... 21  \nDigital Financial Services (DFS) .......................................................... 24  \nDigital Platforms ....................................................................... 25  \nDigital Skills ........................................................................... 27  \nDigital Entrepreneurship ................................................................ 29  \nConclusion  ............................................................................... 31  \nReferences  ..........................................................33  \nList of Figures  \nFigure 1 Non-oil GDP Has Grown by Nearly 5 Percent in 2019, Outperforming Previous Three Years  ..3  \nFigure 2 Nevertheless, Growth Was Not Sufficient to Make a Change in Per Capita Terms  ...........3  \nFigure 3 Oil, Agriculture and Services Have Been the Pillars for Growth in 2019  ....................3  \nFigure 4 … with Oil Recording the Largest Contribution Given Its Weight in the Economy  .............3  \nFigure 5 Private Consumption Picked Up in 2019  ..............................................4  \nFigure 6 While F DI Halved to US$2  .9 Billion in 2019  ............................................ 4  \nFigure 7 The Collapse in Oil Prices Has Outpaced the Rise in Production, Putting a Large Toll on Revenues  ...................................................................... 5  \nFigure 8 Oil Prices Stood at US$5 Above the 2019 Budgeted Price, Compared to a US$19  .5 Spread in 2018, and Continue to Plunge as COVID-19 Situation Develops ","cbCaiqQz8SBKI83d","https://ap.wps.com/l/cbCaiqQz8SBKI83d","pdf",3578776,6,1,50,"English","en",105,"# Executive Summary\n# Chapter 1 Recent Economic and Policy Developments\n## Introduction\n## Output and Demand\n## Oil and Gas Developments\n## Public Finance\n## External Sector\n## Monetary Policy and Prices\n## Business Environment and Private Sector Development\n## Outlook and Risks\n## Outlook\n## Risks\n# Chapter 2 Laying the Foundation for a New Economy in Iraq: Digital Transformation\n## Introduction\n## The Importance of the Digital Economy\n## Current State of Iraq’s Digital Economy\n## Digital Infrastructure\n## Digital Financial Services (DFS)\n## Digital Platforms\n## Digital Skills\n## Digital Entrepreneurship\n## Conclusion\n## References","[{\"question\":\"What topics does the report cover in its assessment of recent Iraq economic and policy developments?\",\"answer\":\"It reviews output and demand, oil and gas developments, public finance, the external sector, monetary policy and prices, and the business environment and private-sector development. 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It also discusses outlook and risks.","Answer",{"name":80,"@type":75,"acceptedAnswer":81},"How does the report explain the economic impact of oil price changes?",{"text":82,"@type":78},"It links the collapse in oil prices to weaker revenues and a decline in reserves early in 2020, with growth challenges persisting despite improvements in some areas.",{"name":84,"@type":75,"acceptedAnswer":85},"What does the special focus on digital transformation include for building a new economy in Iraq?",{"text":86,"@type":78},"It covers the importance of the digital economy and Iraq’s current state, including digital infrastructure, digital financial services, digital platforms, digital skills, and digital entrepreneurship.","https://schema.org",{"og:url":53,"og:type":89,"og:title":13,"og:site_name":60,"og:description":14},"article",{"robots":91,"canonical":53},"index,follow",{"doc_id":7,"site_id":25},{"code":4,"msg":5,"data":94},[95,99,103,107,112,115,120,123,128,131,135],{"id":21,"doc_module":4,"doc_module_name":47,"category_name":96,"show_sort_weight":97,"slug":98},"Story & Novel",90,"story-novel",{"id":48,"doc_module":4,"doc_module_name":47,"category_name":100,"show_sort_weight":101,"slug":102},"Literature",80,"literature",{"id":54,"doc_module":4,"doc_module_name":47,"category_name":104,"show_sort_weight":105,"slug":106},"Exam",70,"exam",{"id":108,"doc_module":4,"doc_module_name":47,"category_name":109,"show_sort_weight":110,"slug":111},5,"Comic",60,"comic",{"id":20,"doc_module":4,"doc_module_name":47,"category_name":113,"show_sort_weight":22,"slug":114},"Technology","technology",{"id":116,"doc_module":4,"doc_module_name":47,"category_name":117,"show_sort_weight":118,"slug":119},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":47,"category_name":12,"show_sort_weight":121,"slug":122},30,"research-report",{"id":124,"doc_module":4,"doc_module_name":47,"category_name":125,"show_sort_weight":126,"slug":127},9,"Religion & Spirituality",20,"religion-spirituality",{"id":126,"doc_module":4,"doc_module_name":47,"category_name":129,"show_sort_weight":126,"slug":130},"World Cup","world-cup",{"id":132,"doc_module":4,"doc_module_name":47,"category_name":133,"show_sort_weight":132,"slug":134},10,"Lifestyle","lifestyle",{"id":136,"doc_module":4,"doc_module_name":47,"category_name":137,"show_sort_weight":108,"slug":138},19,"General","general"]