Definition: In this task, you are given a news article. Your task is to classify the article to one out of the four topics 'World', 'Sports', 'Business', 'Sci/Tech' if the article's main topic is relevant to the world, sports, business, and science/technology, correspondingly. If you are not sure about the topic, choose the closest option. Note that URLs in the text have been replaced with [Link].
Input: Iraq to phase out all subsidies: planning minister (AFP) AFP - The Iraqi government plans to phase out slowly subsidies on basic products, such as oil and electricity, which comprise 50 percent of public spending, equal to 15 billion dollars, the planning minister said.

Business