Iraq Business News brings you the latest Iraqi politics news, keeping you up to date with the latest information and developments.
By John Lee. Reuters quotes Iraqi Deputy Finance Minister Fathil Nabi as saying that Iraq has abandoned its plan to issue international bonds because the yield it would have to pay was too high. The required return on the bonds reportedly forced Finance minister Hoshiyar Zebari (pictured) to halt the plan to raise up to […]
By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Iraqi-Saudi relations are the main key to the problems and solutions of the crises in the Middle East. The rupture and hostility between the two sides helped promote the positions of extremist groups, which […]
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. Setting A Good Example: When It Comes to Reforms, 'Model' Iraqi Kurdish Region Is Lagging Behind Baghdad The crises that caused Iraqi PM Haider al-Abadi to announce serious reforms also […]
By John Lee. On the sidelines of UN General Assembly meetings, foreign affairs minister Dr. Ibrahim Al-Jaafari met Vice President of World Bank for Middle East and North Africa, Mr. Hafez Ghanem. They discussed the World Bank work mechanism and the support that the bank can contribute to reduce the crisis of decline in oil […]
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Budget 2016 and the Risk of Slipping into the Debt Trap The Ministry of Finance (MoF) prepared the draft budget law for 2016 and submitted it to the Cabinet for deliberation and […]
By Wassim Bassem for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. On March 30, a police station in Babil received an anonymous tip about an infant who had been thrown in the garbage. A patrol dispatched to the location found a baby in a cardboard […]
By Mustafa al-Kadhimi for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. A series of protests in the streets of Iraq has been going on since July 15. The protestors demand the improvement of services and the elimination of administrative and financial corruption prevailing in the […]
By John Lee. Bloomberg quotes Iraqi Central Bank Governor Ali Mohsen Ismail (pictured) as saying that Iraq has enough foreign reserves to maintain its currency peg, but didn’t rule out a minor devaluation to shore up government revenue hurt by the slump in oil prices and the war on Islamic State militants. He said reserves […]
By Simon Kent. Qatar's ruler, Sheikh Tamim bin Hamad al-Thani, has announced the appointment of an Ambassador and the forthcoming opening of a Qatari embassy in Baghdad. It is a sign of thawing relations between the GCC nation and Iraq, which deteriorated after Iraq invaded Kuwait in 1990. Relations did not significantly improve after 2003, […]
By Simon Kent. Iraq's Prime Minister Haider al Abadi (pictured) has announced plans to dismiss 123 senior officials in government ministries, and appoint temporary replacements before deciding on the fate of the roles. The move follows the dismissal of a third of his cabinet, the merging of some ministries and the abolishment of the deputy PM […]
Seminar On ‘Devolution as part of National Reconciliation’, Gets The Support Of Iraqi Political Leaders More than 120 senior Government officials and civil society leaders including the governors of nine Iraqi provinces and representatives from fifteen Iraqi governorates today participated in a seminar on ‘Devolution as Part of National Reconciliation’, to discuss how devolution of […]
By Simon Kent. 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. Around a fortnight ago, in the southern Iraqi province of Dhi Qar, the Iraqi government ceremonially handed over many of its powers to the local authorities. It's […]
