Iraq is currently attracting approximately $87 billion in foreign investment, according to Foreign Minister Fuad Hussein, signaling a significant boost in global confidence in the country’s economy, the Iraqi News Agency (INA) reported.
Hussein noted that the Iraqi government is actively working to diversify its economy by investing in sectors such as gas, petrochemicals, tourism—including religious tourism—and agriculture. He added that Iraq expects full utilization of associated gas by 2028.
As part of its economic reform agenda, the government is also pursuing agreements with two multinational firms: one specializing in international law and global economics to advise the Trade Bank of Iraq (TBI), and another focusing on public relations, both aimed at improving Iraq’s credit rating.
Source: IraqiNews.com
