Iraq/Kurdistan: As Oil Prices Dive, Iraqi Kurds Seek to Diversify Economy


Oct 21, 2020 | Mam Rostam, Agence France-Presse
View Original

Iraq's Kurdish region has for decades lived off its oil wealth, but plummeting energy prices amid the pandemic and financial mismanagement are forcing locals to return to long abandoned farms. Civil servants from the northern region's bloated public sector have gone without pay and many are now turning back to agriculture and other businesses to make ends meet.