Tag Archives | Public Sector

Economic Consequences post Mosul

By Ahmed Tabaqchali (pictured), CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. While Iraq’s war against terror is far from over, the conclusion of the Mosul offensive should mark the high point in the cost of […]

Results-Based Management in Govt Planning

Efforts continue to mainstream Results-Based Management fundamentals into government planning and monitoring Within the framework of the United Nations Development Programme (UNDP) support to Iraq’s Government Programme (2014-2018), the sixth round of capacity development workshops was conducted in Erbil over the period of 24 September to 4 October 2016. The objective is to enhance the […]

Iraq: “The Ungovernable Country”?

By John Lee. An article this week by The Economist describes Iraq as “the ungovernable country“. It says: “The economy, meanwhile, is unravelling. The government gets most of its money from oil sales, but the price of the stuff has collapsed. Parliament passed a budget of 107 trillion dinars ($100 billion) for 2016—and projects a […]

Will Govt Employees face more Wage Cuts in 2016?

By Mustafa Saadoun, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Plunging oil prices are now affecting ordinary civil servants’ salaries in Iraq. Al-Monitor met with an employee of the Ministry of Culture who, on condition of anonymity, shared his plan of submitting a […]

Al-Abadi offers Kurds Salaries for Oil

By John Lee. Prime Minister Haider al-Abadi (pictured) has reportedly offered to pay the salaries of the KRG’s employees if it ceases its independent oil exports. Facing a financial crisis due to low oil prices, the KRG announced recently that its employees will be paid only partial salaries until further notice, and that unpaid wages […]

KRG to Pay only Partial Salaries

By John Lee. The Kurdistan Regional Government (KRG) has announced that it will pay only partial salaries to all government employees except security personnel, as it struggles with an economic crisis due to low oil prices. In a statement, it said the decision was taken “in order to ensure the continued distribution of part of […]

Video: State Employees Feel Pinch

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Falling oil prices and the rising cost of the war against ISIL is causing hardship in Iraq. Salaries for government employees have been cut, and they get paid every six weeks instead of […]

7m Govt Employees Fear for their Jobs

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. No Vacancies: 7 Million Iraqi Govt Employees Fear For Their Jobs Locals employed by the government fear the financial crisis may see them lose their jobs. Nobody seems to be […]

Iraq in the Global Marketplace

By Padraig O’Hannelly. This week in London, the Iraq Britain Business Council (IBBC) held its annual Autumn Conference, taking as its theme “Iraq in the Global Marketplace“. A full house of senior executives, diplomats and public officials shared their views and experiences of business in Iraq, and discussed what Iraq can do to raise its […]

The Need for Private Industry

As reported this morning on Iraq Business News, a former Minister for Planning has spoken out about the need to diversify the Iraqi economy away from its current dependence on oil and gas. Mahdi Al-Hafez told Asharq Al-Awsat that Iraq must adopt “a policy of diversifying the economy and developing other productive sectors such as […]

UN Releases Study On Corruption In Iraq

Iraq’s Commission of Integrity, with the support of the Central Statistics Office and UNDP Iraq, has announced the findings from its study on corruption and integrity in Iraq’s public sector. This study offered new evidence to help the Government of Iraq, civil society, the UN in Iraq, NGOs and other organizations working in Iraq to […]