Economy (Iraq 2. usage)
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Electricity:
7,300,000 kW available out of 9,902,000 kW capacity due to Gulf war; 12,900
million kWh produced, 700 kWh per capita (1992)
Industries:
petroleum production and refining, chemicals, textiles, construction
materials, food processing
Agriculture:
accounts for 11% of GNP and 30% of labor force; principal products - wheat,
barley, rice, vegetables, dates, other fruit, cotton, wool; livestock -
cattle, sheep; not self-sufficient in food output
Economic aid:
US commitments, including Ex-Im (FY70-80), $3 million; Western (non-US)
countries, ODA and OOF bilateral commitments (1970-89), $647 million;
Communist countries (1970-89), $3.9 billion
Currency:
1 Iraqi dinar (ID) = 1,000 fils
Exchange rates:
Iraqi dinars (ID) per US$1 - 3.2 (fixed official rate since 1982);
black-market rate (April 1993) US$1 = 53.5 Iraqi dinars
Fiscal year:
calendar year
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