Iraq Pledges $2.7 Billion to Stimulate Economic Growth

Iraq pledges $2.7 billion to stimulate economic growth

Baghdad (IraqiNews.com) Iraqi Prime Minister Ali al-Zaidi directed on Sunday an executive funding package and measures totaling 3.5 trillion Iraqi dinars ($2.7 billion). The comprehensive economic program is tailor-made to […]

Iraq approves $2.7b financing package to stimulate economy

Iraq has approved a 3.5 trillion dinar ($2.7 billion) financing package directed by Prime Minister Ali Faleh Al-Zaidi to stimulate its economy. The package aims to finance projects, support real estate, industrial, and agricultural sectors, and settle dues owed to contractors and farmers. This initiative comes amidst significant economic pressures on Iraq, including disruptions to oil exports and declining government revenues.

Iraq commits $3bn to boost economic growth

Iraq has allocated ID3.5 trillion dinars ($2.7 billion) to stimulate economic growth, focusing on agriculture and industrialisation, according to Prime Minister Ali Faleh Al-Zaidi. The funding will also support housing, construction, tourism and services through public-private partnerships, and create new employment opportunities, the Iraqi News Agency reported. The government will direct ID1 trillion from the […]