Iraq bets on tourism to reduce oil dependence


By Jamal

BAGHDAD, Nov. 24 (Xinhua) -- Iraq aims to raise cultural tourism revenue to 30 percent of its state budget to diversify an economy that currently relies on oil for 95 percent of its funding, a senior ministry official said on Monday.

Deputy Minister of Culture, Tourism, and Antiquities Fadel al-Badrani told the state-run Iraqi News Agency (INA) that the government has begun rehabilitating heritage and archaeological sites to support the target.

Badrani highlighted a resurgence in international collaboration, noting that more than 60 international excavation missions are currently operating in the country in partnership with Iraqi experts. This marks a sharp pivot from previous years, when foreign archaeological teams were largely absent due to instability.

The economic push coincides with the Arab Tourism Organization's designation of Baghdad as the "Arab Tourism Capital" for 2025.

"The selection... has given us a new incentive and direction to make Baghdad, with all its corners, streets, and gardens, a place of artistic and tourist appeal," Badrani said.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Zelenskiy, Rutte hold talks with US negotiators, source says
Textile factory fire in Cairo kills 8, injures 17
News Analysis: Surging inflation puts mounting pressure on European growth outlook
Tanzania raises fuel price caps amid global supply disruptions
Feature: Benin's premium "Sugarloaf" pineapples make sweet voyage to China
Corruption probe against former Kyrgyz security chief widens with arrest of his brother
Ukraine's military hits Russian missile components plant in Bryansk region
In historic first, Trump attends Supreme Court arguments
Trump's ceasefire claims 'false and baseless', says Iran Foreign Ministry spokesman
US VP Vance spoke to intermediaries about Iran conflict as recently as Tuesday, source says

Others Also Read