By John Lee. Iraq's Ministry of Planning held discussions with representatives of the German Agency for International Cooperation (Deutsche Gesellschaft für Internationale Zusammenarbeit; GIZ) in Iraq to explore cooperation and developmental transformation. Key areas of focus included a joint international cooperation agreement, the establishment of offices for the German Development Bank (Kreditanstalt für Wiederaufbau; KfW) […]
By John Lee. Iraq's Minister of Finance, Taif Sami Mohammed, met with a representative from the German Agency for International Cooperation (Deutsche Gesellschaft für Internationale Zusammenarbeit, GIZ) on Wednesday to discuss strengthening bilateral cooperation in financial and technical sectors. The discussions focused on supporting development projects, achieving sustainable growth, and exchanging expertise to improve financial […]
From United Nations Iraq. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Building Entrepreneurial Skills to Support MSMEs and Job Creation in Iraq The International Labour Organization (ILO) is strengthening the entrepreneurial ecosystem in Iraq by providing training to support micro, small, and medium-sized […]
By John Lee. Iraq's Minister of Finance met with a delegation from the German Agency for International Cooperation (Deutsche Gesellschaft für Internationale Zusammenarbeit, GIZ), the European Union, and the German Embassy in Baghdad, alongside representatives from the Central Bank of Iraq (CBI), the Federal Integrity Commission, the Federal Board of Supreme Audit (FBSA), and the […]
By John Lee. The Iraqi Private Banks League (IPBL) has signed a cooperation agreement with Frankfurt School of Finance and Management in Germany, aiming to enhance collaboration in training, consultancy, and academic activities. The agreement is part of the Public Finances and Financial Markets in Iraq (FFM) project, organized by the German Corporation for International […]
Does Iraq Have A Digital Economy? In a world constantly advancing technologically and emphasizing the importance of digital skills, Iraq has begun its journey toward digital transformation. The country is gradually building its infrastructure and enacting laws and regulations to reflect current technological changes. As Iraq embarks on this path, it is crucial to assess […]
By John Lee. Iraq's Prime Minister, Mohammed Shia Al-Sudani, chaired a meeting of the High Committee for Tax Reform on Thursday. The committee reviewed the implementation of various government reform measures that led to a 22% increase in tax revenues as of early August, compared to the same period last year. Al-Sudani emphasized that tax […]
By John Lee. In a significant step toward bolstering Iraq's financial sector, EU Delegation to Iraq Chargé d'affaires Mr. David Healy has expressed support for the launch of the Central Bank of Iraq's (CBI) National Strategy for Bank Lending for 2024-2029. This strategic initiative, developed under the EU and Germany co-funded project "Strengthening Public Finances […]
By John Lee. The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), the German international development agency, has issued a press release outlining the success of its support for the 'Makers of Baghdad' innovation centres. Between 2019 and 2023, 1,236 Iraqis took part in business training and programming courses at the tech hubs. Subsequently, 221 of them […]
By John Lee. Germany's Gesellschaft für Internationale Zusammenarbeit (GIZ) (German Agency for International Cooperation) has joined forces with the Iraqi Private Banks League (IPBL) to work on more inclusive financial services. "Together, we can harness the unique strengths from both the private sector and the public sector and make a significant contribution to financial inclusion […]
By John Lee. An Iraqi delegation visited the Ministry of Water and Irrigation in Jordan on Sunday to gain insights into the country's water and sanitation management practices and explore opportunities for joint cooperation. According to a report from the state-run Petra News Agency, Rami Abu Rawaq, Acting Secretary General of the Water Authority of […]
Stakeholders from across the spectrum shed light on farmer organization models and cooperatives in Iraq and their role in supporting the development of the agricultural sector An event was held by partners implementing the European Union Agri-food Business Development Programme (AfBDP) in Baghdad on Monday (May 29) to discuss the development of farmers' organizations and […]
