Iraq Business News brings you the latest Iraqi politics news, keeping you up to date with the latest information and developments.
By Muhammed Magdy for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq, Jordan, Egypt economic partnership gains momentum The tripartite meeting between the foreign ministers of Egypt, Jordan and Iraq, and the ensuing agreements to boost cooperation raises questions about […]
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 […]
By Farhad Alaaldin, for Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Kurdistan Region rice farmers harvest bumper crop Finance Minister Ali Allawi said in a press conference following the adoption of the White Paper for Economic Reform by the Council of Ministers […]
By John Lee. An Iraqi government white paper has warned of a possible collapse in the value of the Iraqi dinar. According to Farhad Alaaldin, writing for Rudaw, the recently-approved white paper refers on page 37 to the danger of using the Central Bank of Iraq (CBI) as a source of financing, saying that the […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 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 […]
