We know Iraq relies too much on oil revenues for their money. At one time 96% of their budget relied on oil. I think it’s down to 89%. Doesn’t sound like a whole lot but that’s a major jump for Iraq in the non-oil sector. The more they can get away from relying so much on oil the better off they are. The Development Road Project is going to be a biggie to help them generate a lot more non-oil revenue.
