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Tag Archives | non-oil revenues

Competing Interests Threaten Iraq's Resource Diversification

By on 15th May 2026 in Construction & Engineering In Iraq, Iraq Industry & Trade News, Politics

From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Competing Interests Threaten to Undermine Iraq's Resource Diversification Iraq's significant mineral riches remain woefully untapped, with hydrocarbons continuing to dominate Iraq's export-driven economy. As it stands, oil accounts for over 99% of the […]

Iraq Approves Austerity Measures

By on 17th December 2025 in Iraq Industry & Trade News, Politics

By John Lee. Prime Minister Mohammed Shia Al-Sudani chaired an extraordinary meeting of the Ministerial Council for the Economy, approving a package of measures aimed at reducing government spending and increasing revenues. Decisions included an urgent review of salaries and allowances for the three presidencies, with instructions to equalise benefits at the Presidency and Parliament […]