Iraq: Iraqs economy facing recession

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The economic recession in Iraqi local markets of Iraqi provinces is due to the economic crisis and the ongoing war. Markets are empty as a result of bad food products imported from Arab and European countries.

 

 

 

The economic recession in Iraqi local markets of Iraqi provinces is due to the economic crisis and the ongoing war. Markets are empty as a result of bad food products imported from Arab and European countries which led to reduced purchasing power leading to empty markets.

This recession is not limited on products and food commodities only but suffering extends to refrain from buying building materials of various kinds

 

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