Haider Al Abadi announces plan to wean Iraq off oil dependency
Iraq's government unveiled a five-year economic development plan to wean the country off its long-term dependence on oil and build its private sector. During a cabinet meeting on Sunday, Prime Minister Haider Al Abadi said the plan will aim to diversify the oil-reliant economy. Baghdad depends on the oil sector for more than 90 per […]Mina Aldroubi writes for The National:
Iraq's government unveiled a five-year economic development plan to wean the country off its long-term dependence on oil and build its private sector.
During a cabinet meeting on Sunday, Prime Minister Haider Al Abadi said the plan will aim to diversify the oil-reliant economy.
Baghdad depends on the oil sector for more than 90 per cent of its revenue.