Iraq- Experts Warn of an Imminent Economic Collapse in Kurdistan- Iraq

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Economic experts in Sulaymaniyah warned from the economic fallouts of soaring imports as no governmental reforms seem to support the local products. In this respect, the government hasn’t scaled-up national investment or even supported factories. Moreover, the Importer & exporter Union of Iraqi Kurdistan region announced that during 2021, various goods worth 18 billion were imported from foreign countries, particularly from Iran and Turkey, which drew economic experts’ controversy

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