Ahead of Iraq polls, oil still fuelling economic hopes
Baghdad (AFP) April 28, 2014 - With a budget languishing in parliament, crucial reforms on the back burner and a hamstrung private sector, prospects for Iraq's economy after Wednesday's election hinge heavily on the oil factor. Iraq has some of the world's largest deposits of oil and gas and aims to boost energy production dramatically, but a slow-moving bureaucracy and poor infrastructure are holding it back. Complic ... more
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