📊 Iraq’s 5-Year Plan Shifts Focus: Non-Oil Revenues, Services, and Smarter Spending 🚀
“Planning Beyond Oil: Flexibility, Innovation, and Local Priorities”
🗓️ Buratha News | Sept 6, 2025
🏛️ Ministry of Planning: Key Highlights from the 2023–2028 Development Strategy
The Iraqi Ministry of Planning is taking a decisive turn away from oil dependency, focusing its latest five-year planon activating non-oil revenues and ensuring projects directly benefit citizens.
🔑 1. Plan Structure & Vision:
The plan is flexible and responsive to variables like:
Economic volatility
Climate change
Political instability
Global oil price swings
Built on two main paths:
Innovation in addressing persistent challenges
Programmed development to ensure balance between short-term shocks and long-term stability
💼 2. Diversifying the Economy:
The ministry is actively shifting toward non-oil sectors, including:
🌾 Agriculture
🏭 Industry
🏖️ Tourism
💰 Tax reform to improve and expand domestic revenue
“We must reduce the impact of both global and local variables by diversifying revenue sources.” – Abdul Zahra Al-Hindawi
🧱 3. Prioritizing Essential Services:
The government will prioritize projects based on:
Service urgency (sewage, water, schools)
Spatial/development gaps between governorates
Strategic sectors like education, roads, industry, and agriculture
📍Example:
If a governorate lacks sewage systems → Sewage projects get priority
Another governorate with water issues → Water projects prioritized
📌 4. Project Oversight & Implementation:
No project is executed without feasibility studies and inclusion in the national plan
Ministry follows up on:
Project progress
Deviations or errors
Issuing directives to fix delays
Coordination ongoing with ministries, governorates, and implementing companies
⚠️ 5. Challenges Noted:
Project delays often caused by:
Disputes between implementing firms and beneficiaries
Lack of coordination
Budget constraints
The ministry is actively intervening and coordinating to resolve bottlenecks
🧠 Bottom Line:
Iraq’s 2023–2028 plan signals a serious move toward economic reform — but success depends on real execution, inter-agency cooperation, and breaking free from oil dependency.
🔗 Full Article on Buratha News
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