Monday, October 21, 2024

RV UPDATE: IRAQ'S OIL MARKET STATUS BY GOLDILOCKS, 21 OCT

 GOLDILOCKS

Without Reforms, Iraq’s Oil Boom Could Turn to Bust


Iraq is very dependent on oil as revenue. This is why we are witnessing current banking reforms going into play to sustain their country going forward.


Efforts have been made in agriculture and metal markets to stabilize ongoing efforts to grow in capacities beyond oil markets. 


Oil modifications such as the article seen above will help Iraq transition into New Economic Developments.


 The revenue gained from the Oil Market will help Iraq move forward into new venues.


© Goldilocks


https://www.worldbank.org/en/news/press-release/2023/07/31/without-reforms-iraq-s-oil-boom-could-turn-to-bust

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