Kaperoni

Kaperoni – Dinar Guru Article: “Rentier no more? Baghdad’s $17B gamble on the Development Road”  Quote: “Iraq’s $17 billion Development Road Project will be the backbone of a new, non-oil economy, linking the Gulf to Europe and reshaping regional trade…Iraq has functioned as a rentier economy, deriving over 90% of state revenues from oil exports. This dependence has left public finances highly vulnerable to price swings, limited private-sector growth, and entrenched unemployment among a young  population

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