Iraq Business News brings you the latest Iraqi politics news, keeping you up to date with the latest information and developments.
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. They are among the most trusted allies of the international coalition in the fight against ISIL in Iraq. Kurdish fighters benefit from military and political support. But they are also being accused of […]
By Mustafa Saadoun for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. It’s official: Sunnis joining Iraq's Popular Mobilization Units Sunnis are saying "sign me up" now that Iraqi Prime Minister Haider al-Abadi has approved the appointment of 40,000 Sunni fighters to the Popular […]
By Saad Salloum for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Unlike other religious minorities in Iraq, Sabian Mandaeans meet their election quota by selecting members within their community for parliament and provincial councils. The community’s three bodies — the Spiritual Council, General Assembly and […]
Kurdistan Regional Government Prime Minister, Nechirvan Barzani and Deputy Prime Minister, Qubad Talabani, have held a meeting with the governors of Erbil, Sulaymani and Duhok to discuss ways to address the current financial crisis in the Kurdistan Region. In the meeting, which was also attended by the KRG Minister of Interior and a number of […]
‘If this financial crisis continues, it will have a great effect on the front lines. You cannot send your fighters with empty stomachs to the fight,’ Dr Fuad Hussein told a group of journalists from American media outlets on Friday morning. He added, ‘We need support and help. We are [in Washington] to explain this […]
By John Lee. President Haider Al-Abadi has congratulated Iran's government and people on the lifting of economic sanctions and the entry into force of the nuclear deal with the major powers. He added: "We look forward to this historic agreement contributing to the strengthening of security and stability and prosperity of the countries and peoples of […]
From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iraq Business News. Iraq's top Shia cleric Ali al Sistani has called on the government to curb the activities of armed groups. At least seven Sunni mosques were bombed in eastern Iraq earlier this week, allegedly […]
By John Lee. According to a report from the International Monetary Fund (IMF), the fall in oil prices is causing a sharp deterioration of Iraq's fiscal position. The analysis finds that the budget deficit increased from 6 percent of GDP in 2014 to 15 percent of GDP in 2015 and a projected 10 percent of […]
Kurdistan Regional Government (KRG) officials contiued their visit to Washington this week with meetings with Administration and defense officials, as well as senators and media organizations. The visit comes as falling oil prices, the responsibility of 1.8 million displaced people, and the ongoing war against ISIS have put tremendous financial strain on the KRG and […]
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. No Vacancies: 7 Million Iraqi Govt Employees Fear For Their Jobs Locals employed by the government fear the financial crisis may see them lose their jobs. Nobody seems to be […]
By John Lee. According to a report from the International Monetary Fund (IMF), the fall in oil prices since mid-2014 is expected to shift the current account balance from a surplus of 1 percent of GDP in 2014 to a deficit of 7 percent of GDP in 2015 and 6 percent of GDP in 2016. […]
The Managing Director of the International Monetary Fund (IMF) approved a Staff-Monitored Program (SMP) for Iraq covering the period of November 2015-December, 2016, on which the authorities and staff had reached ad-referendum agreement in November 2015 (see Press Release No. 15/509). Iraq is facing a double shock arising from ISIS attacks and the sharp drop […]
