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وكالة موازين نيوز
Government plans to boost non-oil finance
The Iraqi Prime Minister's financial advisor, Muthanna Muhammad Saleh, announced that the government is focused on enhancing non-oil resources to achieve a target of up to 45% in the coming years. As part of its developmental plan, it aims to transform oil from a source of income for consumption into an economic productive asset by increasing production by one million barrels per day, and directing the revenues to a dedicated fund for development and infrastructure. The plan also emphasizes developing the education, health, housing, and energy sectors, while leveraging the young demographic strength—which could reach up to 60% of the population by 2037—with the goal of building a more diverse and sustainable economy that relies less on oil.
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