By Renad Mansour, for World Politics Review. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News.
Iraq's Newfound Stability Is About to Be Tested
Amid the fighting that continues to grip much of the Middle East, Iraq-a country that for decades was at the heart of regional conflicts-has appeared relatively stable.
This recent stability has been driven by a confluence of factors following the 2021 national elections. Chief among these is the relatively high price of oil, which has kept the political elites wealthy and empowered the government with the financial means to spend.
Furthermore, the centralization of power by the governing Shiite Coordination Framework, or SCF, to the detriment of the Kurdistan Region and the temporarily united Sunni front under former Speaker of Parliament Mohammad al-Halbousi has played a significant role.
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