By John Lee. The World Bank has approved a new US$100 million project to scale up Iraq's health sector response to the COVID-19 pandemic. The Iraq COVID-19 Vaccination Project will support the rollout of COVID-19 vaccinations to priority population groups and strengthen the institutional systems needed to enable the safe and effective distribution and use […]
Iraq and the World Bank Group Join Forces to Boost Iraqi Women's Economic Empowerment A new plan to remove constraints and create more economic opportunities for women has been launched by the government of Iraq, with support from the World Bank Group. The Women's Economic Empowerment Plan for 2021-2022 outlines the government's priorities in line […]
The Chairperson of the Working Party on the Accession of Iraq to the World Trade Organization (WTO), Ambassador Omar Hilale (Morocco), visited Geneva on 16-18 June. Building on his earlier visits, the purpose of the Chairperson's meetings in Geneva was to identify steps and mobilise support in relaunching Iraq's accession process which had been challenging […]
By John Lee. World Bank Group President David Malpass met with Iraqi Prime Minister Mustafa Al-Kadhimi during his visit to the United States this week. During the meeting, they discussed the cooperation in financing infrastructure projects in the fields of water, airports, natural gas and energy projects, especially solar. President Malpass affirmed to Prime Minister […]
The International Finance Corporation (IFC), a member of the World Bank Group, is investing in Basrah Gas Company (BGC) to support one of the largest gas flaring reduction projects in the world, helping to improve energy access, prevent associated greenhouse gas (GHG) emissions and support a more resilient, sustainable energy sector in Iraq. BGC is […]
Iraq Human Development Public Expenditure Review: Addressing the Human Capital Crisis - A Public Expenditure Review for Human Development Sectors in Iraq Iraq is facing a human capital crisis despite having been one of the early investors in health and education in the MENA region. The World Bank's Human Capital Index shows that a child […]
The Iraqi Economists Network (IEN) has just published a new report from our Expert Blogger Dr Amer K. Hirmis, which we re-publish here with the author's permission. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. World Bank's assessment is flawed: Manufacturing is viable in […]
Kuwaiti-based logistics provider Agility has said foreign investors "should think carefully about the perils of investing" in Iraq, following a ruling by an international arbitration panel to deny its claims that Iraqi officials expropriated $380 million invested by Agility in an Iraqi telecom company. The ruling, by a panel constituted by the International Centre for […]
WFP and the World Bank partner on socio-economic research in Iraq The United Nations World Food Programme (WFP) and the World Bank are partnering on gathering key data on the impacts of COVID-19 on households, including people who are displaced, in camps, and those who have returned to their areas, as well as host communities. […]
The Iraq Britain Business Council (IBBC) hosted members on-line, to discuss their annual council meeting and review its activities. The meeting was due to take place in Dubai, but due to sudden COVID restrictions it took place successfully online. Mr Zaid Elyaseri Vice President of BP Iraq and member of the IBBC Executive Committee, chaired […]
By John Lee. Iraq's Cabinet has approved an allocation of $100 million to buy Coronavirus vaccines. The funding was provided with the assistance of the World Bank. (Source: Iraqi Cabinet, Office of the Prime Minister)
ILO and UNICEF collaborate to support vulnerable youth in Iraq to develop skills and transition from training to decent employment, with support from the Government of the Netherlands The United Nations Children's Fund (UNICEF) and the International Labour Organization (ILO) in Iraq are working together to help young forcibly displaced persons and host community members […]
