Iraq Business News brings you the latest Iraqi politics news, keeping you up to date with the latest information and developments.
By John Lee. Central Bank chief Ali al-Allaq has said a possible deal with the International Monetary Fund (IMF) may unlock $15 billion in aid this year and next. He told an interview in Beirut that he expects Iraq to receive $10 billion in assistance from the IMF and World Bank, with a further $5 […]
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. Non-governmental organisations in Iraqi Kurdistan are lobbying for a change in the regional law relating to their work. They say the decades-old law is preventing them from doing their job. […]
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. On the night of April 30, the crowd that stormed the Green Zone gathered in the Great Celebrations Square inside the zone and chanted “Iran Out Out” and “Qasem Soleimani … Sadr is a […]
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. Danger Of Dictatorship: How To Replace Iraq’s Flawed Political System? Iraq’s Parliament has failed its people. This was the message from protestors last week. But what could possibly replace the […]
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. The extremist Islamic State group launched Radio Imam in Mosul late last year, broadcasting calls for holy war and spreading false news. Now the Iraqi army is fighting back with […]
By John Lee. According to a report from Reuters, the Central Bank of Iraq (CBI) has started selling local bonds worth 1.5 trillion Iraqi dinars ($1.29 billion). The first local bonds sale to the public since 2003 is aimed at relieving the government budget deficit caused by falling oil prices and the costs of fighting […]
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Islamist parties have dominated the Iraqi political scene since the first elections in 2005 after the fall of Saddam Hussein. As a reaction to their long history of being repressed under Saddam's regime — […]
By John Lee. An article this week by The Economist describes Iraq as "the ungovernable country". It says: "The economy, meanwhile, is unravelling. The government gets most of its money from oil sales, but the price of the stuff has collapsed. Parliament passed a budget of 107 trillion dinars ($100 billion) for 2016—and projects a […]
From AFP. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Thousands of angry protesters broke into Baghdad's heavily fortified Green Zone on Saturday and stormed the parliament building after lawmakers again failed to approve new ministers:
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. After months of relatively peaceful protests, anti-government demonstrations in Baghdad have turned violent. A state of emergency was declared across the Iraqi capital following the storming of the Green Zone. The heavily fortified […]
Prime Minister Nechirvan Barzani yesterday received a delegation of The Netherland's Parliament Foreign Affairs Committee headed by Committee Chairperson Ms. Angeline Eijsink, along with representatives of political parties at the Dutch Parliament. The delegation praised the people, government, and the Peshmerga forces of the Kurdistan Region, who, under very difficult circumstances, have been combating the […]
By John Lee. Dimitris Tsitsiragos, the Vice President of the World Bank's private sector investment arm, told Reuters on Thursday that the bank had arranged $375 million in financing for an Iraqi power company. The International Finance Corporation (IFC) will provide a debt and equity package of $250 million, with another $125 million from Lebanon's […]
