16 Hrs
Source:
وكالة بغداد اليوم الاخبارية
Iraq's Future at Risk Without Economic Plan
Under the headline "Lack of a Unified Economic Strategy is a Strategic Mistake... Dependence on Oil Threatens Iraq's Future," economic expert Saleh Al-Khafaji emphasized that Iraq's management of economic decision-making after 2003 lacks a unified vision and a comprehensive strategy. This has led to confusion in economic pathways and a loss of stability. He explained that Iraq's heavy reliance on oil—constituting up to 90% of revenues—is a strategic mistake that exposes the country to significant risks amid energy market fluctuations. He called for the development of a long-term national plan that avoids the policy swings of different governments to promote economic diversification and achieve sustainability.
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