Oil reserves the rest of iraq has at least one hundred fifty billion barrels. but it s difficult to get reliable data from a country like iraq which is plagued by political instability but what s clear is just how dependent the country is on oil. it s estimated to account for around ninety two percent of overall state revenues. that some fifty seven billion out of sixty eight billion u.s. dollars. directly government is currently looking for investors for refineries pipelines and production facilities at its mind you can all field one of the country s largest the government hopes to double output and the chinese led consortium could be the favorite to take over the field. state owned petro china is already the largest foreign investor in iraq and it could work with us chevron and francis to town to exploit the field other big players include
Close to fifty seven billion dollars in two thousand and seventeen the donor conference comes just two months after iraq s declared victory over the so-called islamic state. south african president jacob zuma resigned this week during his tenure the country saw its bond rating downgraded to junk status and with its second largest city cape town quickly running out of water trust in the country s ruling elite has plunged. growth has declined steadily from more than three percent seven years ago to less than two percent in recent years one of the weakest rates for all of sub-saharan africa. is really thrashing at the moment stability is pretty difficult so you. just before the big say the country is now resting its hopes on a newly elected president cyril ramaphosa a former union leader since his appointment as head of the ruling a.n.c. party in december the country s currency has surged by ten percent against the
Cost eighty eight point two billion dollars after years of civil war and decades of under investment that s according to the planning ministry complicating matters is the fact that the country is effectively under two governments there s the autonomous kurdistan region in the north with around forty five billion barrels of oil reserves the rest of iraq has at least one hundred fifty billion barrels. but it s difficult to get reliable data from a country like iraq which is plagued by political instability but what s clear is just how dependent the country is on oil. it s estimated to account for around ninety two percent of overall state revenues. that some fifty seven billion out of sixty eight billion u.s. dollars. the iraqi government is currently looking for investors for refineries pipelines and production facilities at its manned you can
Fifty seven billion dollars and twenty seventeen the donor conference comes just two months after iraq s declared victory over the so-called islamic state. south african president jacob zuma resigned this week during his tenure the country saw its bond rating downgraded to junk status and with its second largest city cape town quickly running out of water trust in the country s ruling elite has plunged growth has declined steadily for more than three percent seven years ago to less than two percent in recent years one of the weakest rates for all of sub-saharan africa. has to be crushing at the moment stability is pretty difficult so you. can just. say the country is now resting its hopes on newly elected president cyril ramaphosa a former union leader since his appointment as head of the ruling a.n.c. party in december the country s currency has surged by ten percent against the
New silk road why china is sinking two point five billion dollars into a port in georgia and how local companies there are trying to cash in on the new trade route on their doorstep. this is e w business i m going to the office in berlin welcome china and pakistan will look at extending the fifty seven billion dollars china pakistan economic corridor to afghanistan as a part of china s ambitious bells and road plan linking china with asia europe and beyond china is trying to position itself as a helpful party to promote talks between pakistan and afghanistan both uneasy in a ever since pakistan s independence in one thousand forty seven that s what chinese foreign minister one year had to say on tuesday. china and pakistan are willing to look at including afghanistan other bases of the void when neutrally beneficial principles discussing appropriate means to extend china