By John Lee. Iraq has launched the second phase of a project to develop commercial exchange yards at its land border crossings with neighbouring countries. According to the Ministry of Transport, the initiative is part of government efforts to increase non-oil revenues and strengthen governance and automation at border facilities. Murtada al-Shahmani, Director General of […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Competing Interests Threaten to Undermine Iraq's Resource Diversification Iraq's significant mineral riches remain woefully untapped, with hydrocarbons continuing to dominate Iraq's export-driven economy. As it stands, oil accounts for over 99% of the […]
By John Lee. Prime Minister Mohammed Shia Al-Sudani chaired an extraordinary meeting of the Ministerial Council for the Economy, approving a package of measures aimed at reducing government spending and increasing revenues. Decisions included an urgent review of salaries and allowances for the three presidencies, with instructions to equalise benefits at the Presidency and Parliament […]
