Document Type : Research Paper
Abstract
Investment spending in the oil sector is one of the issues that have a significant impact on the economic system. The aim of the research is to analyze the reality of oil investment in Iraq and to know the production and reserve capabilities of the oil sectorAs for the hypothesis of the research، it confirmed that investment expenditures contributed significantly to developing production in the oil sector and increasing production capacities and export capacities.The conclusions highlighted that the Iraqi economy depends heavily on oil revenues and works to finance the Iraqi budget and the Iraqi economy, and also indicated that oil investment works to raise the export capacity in the Iraqi oil sector and thus increase Iraqi exports.As for the recommendations، work to use technology and modern research and development processes, as well as work on developing infrastructure، which helps to encourage investment in the Iraqi oil sectorEncouraging investments in order to achieve significant financial and economic gains and thus work towards achieving economic development.