Can Iraq's New White Paper Deliver on Economic Reform?

By Ali Al-Mawlawi, for 1001 Iraqi Thoughts. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News.

Can the White Paper Deliver on Economic Reform?

The Iraqi government's long-awaited "White Paper" was formally approved by cabinet on October 13 after it was shared with members of parliament, who will now undertake a thorough review.

Billed as a blueprint for addressing Iraq's economic woes, its completion had been a source of tension between parliament and the government. But yesterday's milestone was only the first step in an arduous journey that Prime Minister Mustafa Al-Kadhimi's government must undertake if it is to deliver on its bold promises.

With time running out, the difficult task of garnering sufficient political buy-in must be accelerated if the 95-page document is to be translated into tangible changes.

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One Response to Can Iraq's New White Paper Deliver on Economic Reform?

  1. Brian 16th October 2020 at 04:37 #

    Thank you, that was a good deduction of the difficulties that may not be able to be met with these white papers implementing. I understand something of an rise in the international Exchange rate brings the people more purchasing power. No mention of the currency rate by you, how can a country get along in a 0.0008 rate to the USD when lesser countries around them have better international rates?