Iraqi oil exports and its impact on economic development for the ‎period 2016-2023‎

Abstract

The Iraqi economy depends largely on oil revenues, as these revenues contributed about 70% of the total revenues during the research period and more than 90% of the state's general budget. and that fluctuations in crude oil prices affect the Iraqi economy, which depends almost entirely on the oil sector. Therefore, the research aimed to present the conceptual presentation of the oil sector and the reasons for the emergence of the oil sector and its characteristics by clarifying Iraqi oil exports, in addition to clarifying Iraqi oil revenues, and the cognitive presentation of sustainable development and its goals, in addition to stating indicators of sustainable development, and discussing the most important positives and negatives of sustainable development that contribute to the development of the oil sector. Providing recommendations to find solutions to reduce the Iraqi economy's dependence on oil revenues, the research used the descriptive analytical approach and concluded the possibility of reducing the Iraqi economy's dependence on oil revenues through practical and applicable solutions.