A credit rating predicts the impact of oil decline on Iraq's economic growth

Standard & Poor’s confirmed its credit rating for Iraq at B- / B with a stable outlook, but predicted a reduction in oil production would affect economic growth in 2017.
The credit ratings agency has given a stable outlook to expectations of continued budget control efforts in the next few years.
Standard & Poor’s said the rating received support from Iraqi oil production being concentrated in areas under the firm control of the federal government.

https://en.economiciraq.com/2017/08/2...onomic-growth/