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What role is Iraqs oil likely to play in its economic recovery?

April 26, 2017Economic Iraq likely Oil play recovery

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What role is Iraqs oil likely to play in its economic recovery?

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“Iraq’s vast oil reserves will act as the country’s primary engine of economic recovery. Oil dominates the country’s economy, accounting for more than 95 percent of foreign exchange earnings and possibly as much as 75 percent of GDP.