The Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. The Cabinet discussed the latest Covid-19 related developments, and received a briefing from the Minister of Health on government measures to contain the spread of the virus. Following discussions, the Cabinet agreed to establish the Higher Committee for Reform […]
Tag Archives | reforms
Iraq's Reform Budget heads to Parliament
By Salam Zidane for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's reform budget heads to parliament Parliament is debating the 2021 budget, which is the first budget drafted based on the White Paper for economic reform. Click here to […]
English-language version of White Paper on Iraqi Reforms
By John Lee. The Iraqi government formally adopted its White Paper for Economic Reforms, prepared by the Crisis Cell for Financial and Fiscal Reform, in October 2020. A full English-language version of the paper can now be downloaded here. ... a summary version can be found here.
Iraqi Banks undertake Overdue Reforms
By Omar al-Jaffal for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi Banks undertake Overdue Reforms The Central Bank of Iraq (CBI) announced in a statement Dec. 19 the devaluation of the Iraqi dinar to 1,450 to help reduce the […]
English-language Summary of Iraq's White Paper
By John Lee. The Government of Iraq has issued an English-language summary of its recently-approved white paper on economic reforms: The Iraqi government has formally adopted the White Paper for Economic Reforms prepared by the Crisis Cell for Financial and Fiscal Reform. The White Paper seeks to put Iraq's economy on a path that allows […]
The Inevitability of Reform in Iraq
By Ahmed Tabaqchali, for the Atlantic Council. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. The irrefutable logic of numbers and the inevitability of reform in Iraq On October 13, Iraq's Council of Ministers endorsed the White Paper for financial and fiscal reform. […]
Iraq's October Revolution - A Look Back and a Look Ahead
By Sarah Waggoner, for The International Affairs Review (IAR). Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. One Year After Iraq's October Revolution - A Look Back and a Look Ahead While 2020 has proven to be a tumultuous year across the globe, […]
Recent Data Draws Bleak Prospect for Iraq Next Year
By Ahmed Mousa Jiyad. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Recent Data Draws Bleak Prospect for Iraq Next Year The Iraqi economy has been in a bad shape and, in the short term, it is going to get worse; nothing new about […]
Iraq's Central Bank "at Risk of Losing its Independence"
By Farhad Alaaldin, for Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Kurdistan Region rice farmers harvest bumper crop Finance Minister Ali Allawi said in a press conference following the adoption of the White Paper for Economic Reform by the Council of Ministers […]
Report warns of Possible Collapse in value of Iraqi Dinar
By John Lee. An Iraqi government white paper has warned of a possible collapse in the value of the Iraqi dinar. According to Farhad Alaaldin, writing for Rudaw, the recently-approved white paper refers on page 37 to the danger of using the Central Bank of Iraq (CBI) as a source of financing, saying that the […]
Iraqi Cabinet Approves Financial Reforms
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 […]
Can Iraq's New White Paper Deliver on Economic Reform?
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 […]