Breaking Out of Fragility: A Country Economic Memorandum for Diversification and Growth in Iraq Iraq is at a crossroads. Almost two decades after the 2003 war, the country remains caught in a fragility trap, facing increasing political instability, growing social unrest, and a deepening state-citizen divide. Amid a multitude of crises (including an oil price […]
Newly-constructed COVID-19 Isolation Ward opens in Dohuk A 20-bed Isolation Ward designed to handle the most severe COVID-19 patients has been officially opened by the Governor of Dohuk in partnership with the United States Agency for International Development (USAID) and the United Nations Development Programme (UNDP) in Iraq. Constructed by UNDP and funded by USAID, […]
By John Lee. The Iraqi Cabinet has approved the White Paper on Financial Reform presented by Deputy Prime Minister and Minister of Finance, Ali Allawi. The document outlines more than 200 reforms aimed at tackling the immediate financial crisis facing Iraq. Click here to download the white paper (Arabic only) Click here to read analysis […]
By Ali Al-Mawlawi, for 1001 Iraqi Thoughts. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Can the White Paper Deliver on Economic Reform? The Iraqi government's long-awaited "White Paper" was formally approved by cabinet on October 13 after it was shared with members of […]
By John Lee. The Iraqi Cabinet has authorised the Ministry of Transport to enter into negotiations with a consortium led by France's Alstom and Hyundai of South Korea, regarding the Baghdad suspension railway project. The result of the negotiates are to be submitted to Cabinet for approval. (Source: Govt of Iraq)
By John Lee. The Iraqi government has said it is taking action to "end exemptions for some goods from import duties to increase income from border crossings". In a statement on Twitter, Minister of Finance Ali Allawi said: "Iraq is facing a dangerous situation; oil revenues are not enough to cover state expenditure, including the […]
By John Lee. Iraq's Minister of Oil, Ihsan Abdul Jabbar Ismael [Ihsan Abduljabbar] (pictured) has reportedly proposed setting up a joint oil company to manage the production and export of oil from Iraqi Kurdistan. According to Shafaq News, the new company would be "linked technically and administratively to the presidency of the region and the […]
Iraqi government launches online portal to help job seekers find employment in public and private sectors The Iraqi government in partnership with Iraq's Federal Public Service Council announced the launch of "tawtheef" portal to support graduates and qualified job-seekers to find employment in the public and private sectors. The portal is part of a wider […]
The Governor of the Central Bank of Iran has said his negotiations with Iraqi officials have yielded "positive" results, as the Arab country has given its approval to the release of Iran's frozen assets for the purchase of basic commodities. In remarks on Monday, Abdolnasser Hemmati said he held a trilateral meeting with Governor of […]
By John Lee. ASYAD Group has announced that it has launched the first shipping line between Oman ports (Salalah, Duqm, Sohar) and Iraq's Umm Qasr Port. According to the company, the new weekly service will open up new investment opportunities between Oman and Iraq, and provide options for import and export between the two countries […]
FAO receives 2.2 million dollars from the Defense Threat Reduction Agency, DTRA/USA, to strengthen veterinary services in targeted provinces in Iraq The Food and Agriculture Organization of the United Nations (FAO) has welcomed the additional contribution of 2.2 million dollars from the Defence Threat Reduction Agency, DTRA/USA, to strengthen veterinary services in targeted provinces in […]
Their voice, our equal future, time to focus on girls in Iraq 11th October marked the International Day of the Girl Child, a day dedicated to girls' empowerment, fulfilment of girls' rights and solving challenges that they face. This year, the global theme is "My Voice, Our Equal Future," a reminder to listen to girls […]
