Often intertwined with foreign investment, many sectors, such as agriculture and water use, have seen a marked rise in development in recent decades.
Apr 08, 2014
The vital revenue to support Erbil and its burgeoning state comes mainly from oil. The Kurdistan Regional Government receives 17 percent of Iraq’s overall oil income, minus deductions for Baghdad expenses that are supposed to benefit Kurdistan. The real amount comes to more or less 14 percent, but that approaches the large sum of $15 billion.
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