By Dr. Ali al-Rawi, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Urgent Monetary and Fiscal Reforms Amid Iraq's Oil Export Crisis and the Inflation of Operational Expenditures Iraq is going through an economic phase that […]
By John Lee. Iraq and Australia have discussed expanding cooperation in the financial and banking sectors, with a focus on economic reform, development, and knowledge-sharing. During a meeting in Baghdad, Finance Minister Faleh Al-Sari and Australian Ambassador Glenn Miles reviewed opportunities to strengthen economic relations between the two countries. The discussions covered a range of […]
By John Lee. Iraq's new Prime Minister, Ali Faleh al-Zaidi, chaired the first regular session of the Council of Ministers on Saturday, issuing a series of directives to ministers that outline the government's policy priorities. According to the Prime Minister's media office, the session included ministerial briefings on the current state of their respective ministries […]
By John Lee. The Central Bank of Iraq (CBI) has announced completion of the principal phase of its comprehensive reform programme for commercial, Islamic and foreign bank branches operating in Iraq. According to the Bank, all Iraqi banks have submitted the required documentation under the "minimum requirements" framework, selecting one of three pathways: Continuing in […]
By John Lee. The Ministry of Planning has held a technical meeting to review mechanisms for selecting and evaluating projects and to enhance the efficiency of public investment management. The meeting was chaired by the Undersecretary for Technical Affairs, Dr Maher Hammad Johan, and focused on supporting project selection and evaluation activities in cooperation with […]
By John Lee. Prime Minister Mohammed Shia' al-Sudani has launched a project to automate property sale and ownership transfer transactions at the General Directorate of Real Estate Registration within the Ministry of Justice. The system is intended to support administrative and financial reform, improve transparency, and protect citizens' property rights. Al-Sudani said the directorate is […]
By John Lee. Discussions have been held on economic reforms and support for development projects in Iraq. The meeting took place between Minister of Finance Taif Sami Mohammed and a delegation from the World Bank, focusing on cooperation to support the government's reform programme and expand major development projects nationwide. Key points discussed included: Improving […]
By John Lee. Discussions have taken place on launching the second phase of the Financial Reform Support Programme in Iraq. The meeting was held at the Ministry of Finance under the chairmanship of Minister of Finance Taif Sami Mohammed, with a delegation from the German Agency for International Cooperation (GIZ) and a representative of the […]
By John Lee. Prime Minister Mohammed Shia' Al-Sudani presided over the Tax Conference for Economic Development and Investment Promotion in Baghdad, stressing that supporting the private sector is central to Iraq's economic reform agenda. He highlighted the government's commitment to providing an attractive environment for investors, implementing global business and taxation standards, and ensuring flexibility […]
By John Lee. The Ministry of Planning has hosted a consultative session on the "Journey of the Dollar in the Iraqi Economy: Between Monetary Policy and the Market." Organised by the Department of Economic and Financial Policies, the session brought together department heads and staff to analyse the sources, flows, and impact of foreign currency-primarily […]
By John Lee. Iraqi Prime Minister Mohammed S. Al-Sudani chaired a meeting of the Higher Committee for the Restructuring of State-Owned Enterprises, focusing on reforms aimed at boosting non-oil revenues and improving financial and administrative performance. The committee reviewed progress on previous decisions and stressed the adoption of sound economic principles to strengthen the state […]
By John Lee. Iraq's Osoul Foundation for Economic Development and Sustainability has signed a strategic cooperation agreement with the International Tax and Investment Center (ITIC) in Washington, aimed at enhancing Iraq's business environment. The signing ceremony was attended by government officials, business leaders, global companies, diplomats, and international organisations. The agreement aligns with Iraq's economic […]
