Market Report, "Iraq Infrastructure Report Q1 2015", Published
Due to the ongoing deterioration of security in Iraq following the rise of Islamic State (IS) we substantially lowered our real growth forecasts for the construction sector last quarter. IS is now in control of large swathes of Iraq's north and west, and while the threat to the oil industry is minimal, the ongoing political and security unrest remains a significant hindrance to Iraq's future. Ongoing delays in the formation of a new government and an inability to agree a...
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