ECONOMICS - Iraq’s new five year plan to diversify economy beyond oil:
"Iraq’s government has released a five-year economic plan which will try to diversify beyond oil production and develop the industrial sector.
The plan, announced this week, faces major obstacles including a rising level of sectarian violence and political infighting within the country’s fractious coalition government.
But if implemented, it could mark a new stage in Iraq’s recovery from decades of war and international economic sanctions. So far, the recovery since the U.S. invasion of 2003 has been based almost entirely on rising oil production."
'via Blog this'
No comments:
Post a Comment