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Iraq’s Economic Reform Drive: From Oil Revenues to Real Growth

Prime Minister Mohammed Shia al-Sudani reaffirmed his

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commitment to advancing Iraq’s economic and financial reform plans, highlighting the nation’s transition from dependency on raw oil exports to a broader, value-driven economy.

During a high-level meeting with key ministers and advisors, Al-Sudani directed the Ministry of Electricity to study new investment models for energy projects, while urging an expansion of oil refining capacity and stronger management of export revenues through SOMO.

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