Iraqi Center for Policy Analysis & Research-ICPAR

Planted bombs destroyed 7 power-towers south of ; as a result, the Bejji-Kirkuk line is shut-down, Northern Electricity Company stated.

Iraq and World Bank: New Partnership to Improve Public Sector Governance, Increase Private Sector Participation, and Rebuild Human Capital

https://researchiraq.com/?p=1815

While the Dinar devaluation should – in theory – make Iraqi exports more competitive, I think that there will be a little real impact. The key problem with the country’s international trade is that Iraq currently suffers from extreme regulatory hostility towards its private sector especially with respect to foreign trade.
According to the 2021 World Bank Ease of Doing Business, Iraq ranks 181st out of the 190 countries surveyed. To legally export a product from Iraq is an expensive and complex process. For example, documentary compliance alone requires an estimated 500 hours. The expense of complying with these regulations or paying bribes to avoid them is a high implicit tax on exports. This export tax resulting from the current regulatory hostility towards international trade substantially explains the current low level of non-oil exports such as agricultural products and textiles. On the import side, there is widespread corruption at the border entry points with Iran and Turkey. Combined with extensive smuggling, import tariff collections are de minimus and Iraqi markets are swamped by imported goods that are often cheaper than products produced in Iraq.

The social, security and economic implications of Iraq’s currency devaluation - Interview with Prof Frank R. Gunter : Q1: As an economist who is familiar with Iraq,...

in extends from the ministries in Baghdad to police stations and food distribution centers in every small town. the large scale of corruption in Iraq undermines private and public attempts to achieve a better life for the average Iraqi.

Corruption Worse Than ISIS: Causes and Cures for Iraqi Corruption - “Corruption benefits the few at the expense of the many; it delays and distorts economic...

Since yesterday, 2 protesters killed & at least 150 others wounded in the confrontations between armed men and anti-corruption protesters in , Human Rights Commission reported.

Thousands anti-establishment protesters gathered on key streets of Baghdad, demanding the fall of the government, implementing justice for the activists were assassinated, and holding the corrupt officials accountable

Private Sector development, long-lost solution to handle the 's & challenges.
In this this article, Mohammed Hussein shows how the challenges & rentier political economy have hindered a private sector development strategy since 2014.

Private Sector Development: Iraq’s Long-lost Solution - Six years passed since the Iraqi government launched its Private Sector Development Strategy 2014-2030, aiming to...

Recognizing the difficulties brought about by the pandemic and the resulting global downturn, the & Iraq reaffirmed their strong economic partnership. Iraq - U.S. Strategic Dialogue | Government of Iraq

Iraq - U.S. Strategic Dialogue | Government of Iraq The following statement was released by the Governments of the Republic of Iraq and the United States of America:   Begin Text:   The delegation

Death toll was raised to 32 and 112 others were wounded as a result of the twin su***de bombers today, a source from the Ministry of Healt stated.

The 2021 budget bill is definitely explosive and largest in the history of Iraq in term of allocated funds, but it looks like an austerity budget to slash the payroll and impose implicit tax by devaluating Iraqi Dinnar (IQD). As usual, it allocates too much to running expenditure (IQD 120 trillion) but less to public investment (IQD 27 trillion). Although it is still in the line with the country’s fiscal policy, it certainly unexpected to those who had some hopes in reforming the country’s oil-depended economy and restructuring the imbalanced fiscal policy.

The Iraq’s Budget Bill Misses Some Expected Solutions http://www.iraqcr.com

central bank devaluated Dinnar by almost 23%. The new value is the following:
$1= IQD 1450, Finance Ministry sells USD to CBI
$1= IQD 1460, CBI sells USD to banks
$1= IQD 1470, banks sell USD to people

The security and armed forces have killed 8 protesters and wounded more than 55 others over the past 5 days in