From the World Bank: Without Reforms, Iraq's Oil Boom Could Turn to Bust Iraq's economy continued its oil-driven recovery after the sharp pandemic-induced recession in 2020, but non-oil sectors have stagnated, and growth constraints have reemerged. Despite a record oil windfall and a long-awaited new budget, Iraq nevertheless remains at risk of missing the opportunity
Crisis-hit Lebanon's economic recovery is hampered by a growing dollarised cash economy, which is predicted to be $9.9 billion in 2022, or almost half the size of the country's economy, the World Bank said in a report."The systemic failure .