Iraq’s Ministry of Planning projected revenues of around 710 trillion dinars ($543 billion) under its five-year development plan for 2024–2028, with the majority expected from the oil sector.
Oil revenues during the plan period are projected at 631 trillion dinars ($482 billion), compared to 79 trillion dinars ($60 billion) from non-oil revenues. The plan estimates required investments to achieve the targeted 4.24% economic growth rate at more than 241 trillion dinars ($184 billion).
Government sector contributions are expected to reach around 157 trillion dinars ($120 billion), compared to 84 trillion dinars ($64 billion) from the private sector.
Source (Anadolu Agency, Edited)
