Archive | Politics

Iraq Business News brings you the latest Iraqi politics news, keeping you up to date with the latest information and developments.

Iraq and France sign 3 Agreements

By John Lee. Iraq and France have signed three Memorandums of Intent during a visit by Mustafa Al Kadhimi, Prime Minister of Iraq, to Paris. According to a statement from the Government of Iraq, the agreements relate to the Baghdad suspension railway project; strengthening the institutional capacities of the Iraqi Ministry of Agriculture; and, increasing […]

Iraqi Cabinet Approves Financial Reforms

By John Lee. The Iraqi Cabinet has approved the White Paper on Financial Reform presented by Deputy Prime Minister and Minister of Finance, Ali Allawi. The document outlines more than 200 reforms aimed at tackling the immediate financial crisis facing Iraq. Click here to download the white paper (Arabic only) Click here to read analysis […]

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

By Ali Al-Mawlawi, for 1001 Iraqi Thoughts. 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 […]

Iraq to target Import Tariffs

By John Lee. The Iraqi government has said it is taking action to "end exemptions for some goods from import duties to increase income from border crossings". In a statement on Twitter, Minister of Finance Ali Allawi said: "Iraq is facing a dangerous situation; oil revenues are not enough to cover state expenditure, including the […]

Minister proposes Joint Company for Iraqi Kurdistan's Oil

By John Lee. Iraq's Minister of Oil, Ihsan Abdul Jabbar Ismael [Ihsan Abduljabbar] (pictured) has reportedly proposed setting up a joint oil company to manage the production and export of oil from Iraqi Kurdistan. According to Shafaq News, the new company would be "linked technically and administratively to the presidency of the region and the […]

Iraq to Release Frozen Iranian Funds

The Governor of the Central Bank of Iran has said his negotiations with Iraqi officials have yielded "positive" results, as the Arab country has given its approval to the release of Iran's frozen assets for the purchase of basic commodities. In remarks on Monday, Abdolnasser Hemmati said he held a trilateral meeting with Governor of […]

Time to focus on Girls in Iraq

Their voice, our equal future, time to focus on girls in Iraq 11th October marked the International Day of the Girl Child, a day dedicated to girls' empowerment, fulfilment of girls' rights and solving challenges that they face. This year, the global theme is "My Voice, Our Equal Future," a reminder to listen to girls […]

UNDP makes Policy Recommendations for Iraq's Economic Recovery

Impact of COVID-19 on the Iraqi economy: New report highlights policy recommendations for Iraq's economic recovery Expanding social security coverage for vulnerable groups, increasing revenue generation to fund key Government programmes, and allocating more resources to develop the private sector are some of the key recommendations made by the United Nations Development Programme (UNDP) in […]

KRG PM convenes Supreme Economic Council

KRG Prime Minister Masrour Barzani convenes Supreme Economic Council KRG Prime Minister Masrour Barzani today presided over a meeting of the Supreme Economic Council to discuss challenges and opportunities for greater economic growth and prosperity in the region. Joined by Deputy Prime Minister, Qubad Talabani, Prime Minister Barzani affirmed the government is pursuing its ambitious […]

Corruption continues to Threaten Iraq's Stability

By Azhar Al-Ruabie for Al-Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Corruption continues to threaten Iraq's stability Iraqi Prime Minister Mustafa al-Kadhimi visited the city of Nasiriyah on Oct. 5 and confirmed that there are 270 uncompleted projects, some of them unfinished […]