Iraq Implements New Economic Model in Oil Refineries to Boost State Budget A new economic model adopted in Iraq's oil refineries is projected to generate $15 billion annually for the general state budget.
The reform initiative was designed and introduced during Prime Minister Ali Zeidi's initial 100-day administration window.
The structural changes preserve existing salaries and allowances for Ministry of Oil personnel.
Separately, the government has allocated 300,000 plots of land for distribution to property-less families as part of a broader 1-million-plot housing initiative. https://channel8.com/english/news/64840
CHANNEL8
Iraq Implements New Economic Model in Oil Refineries to Boost State Budget
The reform initiative was designed and introduced during Prime Minister Ali Zeidi's initial 100-day administration window.
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