Iraq Business News brings you the latest Iraqi politics news, keeping you up to date with the latest information and developments.
By John Lee. Following the dismissal of Iraqi Finance Minister Hoshyar Zebari, the International Monetary Fund (IMF) has said it remains committed to working with Iraq on implementing a $5.34 billion loan. Bloomberg quotes IMF mission chief Christian Josz as saying that the Stand-by Arrangement (SBA) was approved in July, “and we are committed to […]
By John Lee. Iraq’s finance minister, Hoshyar Zebari (pictured), has been voted out of office by the country’s parliament on Wednesday. Lawmakers voted 158 to 77 against Zebari, after a parliamentary inquiry last month into charges of corruption and mismanagement of public funds. Zebari, a senior Kurdish official who previously served as foreign minister, denies all […]
By Omar Sattar for Al Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Three lists of candidates have been proposed to Iraqi Prime Minister Haider al-Abadi for the position of minister of defense, held by a Sunni, to replace sacked Minister Khaled al-Obeidi. […]
By John Lee. Minister of Foreign Affairs Dr Ibrahim Al-Jaafari met the British Minister of State for International Development Mr Rory Stewart in London on Saturday. Both sides discussed a number of important issues, especially the return of the displaced families to their homes after liberating their towns from Da'esh. His Excellency said that Iraq […]
Human trafficking survivor Nadia Murad named UNODC Goodwill Ambassador Nobel Peace Prize nominee Nadia Murad Basee Taha - who survived trafficking at the hands of the Islamic State group (IS, ISIL, ISIS, Da'esh) - was formally appointed UNODC (United Nations Office on Drugs and Crime) Goodwill Ambassador for the Dignity of Survivors of Human Trafficking […]
By Mustafa Saadoun for Al Monitor. Any views expressed here are those of the author, and do not necessarily reflect the views of Iraq Business News. What's next for Baghdad-Tehran ties as last MEK members leave Iraq? On Sept. 10, commenting on the news that the last batch of Iranian dissidents affiliated with the Mujahedeen-e-Khalq […]
By John Lee. Finance Minister Hoshyar Zebari has shown The Financial Times documents that appear to be part of a probe by Iraq's parliamentary finance committee, purporting to show how an individual close to the previous government used currency auctions to siphon $6.4 billion from the state. A spokesperson for former Prime Minister Nouri al-Maliki […]
The Iraqi authorities and the staff of the International Monetary Fund (IMF) held discussions in Amman from August 28–September 10, 2016 on the first review of Iraq’s 36-month $5.3-billion Stand-By Arrangement (SBA) approved by the IMF Executive Board on July 7, 2016. Mr. Christian Josz, Mission Chief for Iraq, issued the following statement: “The Iraqi […]
By John Lee. The Financial Times reports that Iraqi Finance Minister Hoshyar Zebari (pictured) is fighting back against accusations of financial mismanagement by digging out documents that he claims reveal the true extent of corruption in the public sector. “I’ve started my campaign — the counterattack", he said. "I didn’t want to galvanise it. But […]
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. Closed door meetings in Baghdad suggest an old idea, meant to solve Iraq’s political chaos, is being revived. It’s early but some hope it might help a Parliament that’s only […]
By John Lee. US Presidential candidate Donald Trump has said that the Islamic State group (IS, ISIS, ISIL, Daesh) grew because the United States failed to “take the oil” in Iraq after invading the country, allowing IS to use it to finance their operations. He told NBC: "I've always said, shouldn't be there, but if […]
By John Lee. A Kurdish Yazidi survivor of the Islamic State group (IS, ISIS, ISIL, Daesh) sex slavery has been shortlisted for the prestigious Václav Havel Human Rights Prize for her outstanding activities in the defense of human rights. Nadia Murad managed to excape captivity, and now brings the plight of the Yazidi community, in […]
