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 […]
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 […]
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 Omar Sattar for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Kadhimi follows through on promises to reform Iraq's security sector Since he took office in May, Iraqi Prime Minister Mustafa al-Kadhimi has made a series of changes in senior […]
By Mustafa Saadoun for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Significant challenges face Kadhimi's economic reform project Mustafa al-Kadhimi's government is working on presenting an economic reform plan in the coming days, at a time when Iraq faces complex economic […]
By Ali Al-Mawlawi for the Royal Institute for International Affairs (Chatham House). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's public sector has shown formidable resistance to reform. The goal of this briefing is to guide policymakers, international financial institutions and development agencies in their design […]
By Omar al-Jaffal for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraq's plans to cut salaries face strong backlash The government of Iraqi Prime Minister Mustafa al-Kadhimi is seeking to reopen the "social justice" issue regarding state spending on salaries. […]
Iraq's Council of Ministers (Cabinet) has announced details of its decision taken at its regular weekly meeting on 09/06/2020 in relation to the payment of more than one salary and other benefits to former detainees at Camp Rafha. The decision ends the payment of more than one salary, restricts the payment to heads of household […]
Iraq's economy could reach irreversible lows within the next year unless urgent reform measures are adopted, its Finance Minister warned in an exclusive interview with AFP on Monday. More here. (Source: AFP)
Prime Minister Masrour Barzani chaired a meeting via video conference on Monday on the state of Kurdistan Region's customs, border crossings, and companies providing service. In the meeting attended by Deputy Prime Minister Qubad Talabani and other ministers, the Prime Minister reaffirmed ongoing efforts to carry out financial reforms; organise trade, and review tax exemptions […]
The Iraqi Cabinet has said at its regular meeting in Baghdad tbat it will change public spending priorities, but gave few details. It's full statement is as follows: The Cabinet held its regular meeting in Baghdad on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. At the start of the meeting, the Prime Minister told […]
