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Iraq’s oil boom could collapse if no reforms occur: World Bank

Iraq’s oil boom could collapse if no reforms occur: World Bank
Iraq’s oil boom could collapse if no reforms occur: World Bank

2023-08-01 00:00:00 - From: Iraqi News


Baghdad – 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 to push ahead overdue reforms that are critical to boost private […]

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