Economy
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World Bank Supports Iraq’s Reform Strategies with $3.6M Funding
The Ministry of Planning convened a meeting on Monday with the Iraq Reform, Recovery, and Reconstruction Fund team from the World Bank to discuss the proposed advisory services project document. The aim was to support the implementation of selected reform strategies, with the meeting attended by key officials such as…
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Promoting Integrity, Transparency, and Honesty
The Ministry of Finance, in collaboration with the Integrity Commission and the Financial and Accounting Training Center, recently hosted an educational seminar aimed at promoting a culture of integrity, transparency, and honesty within Iraq’s public sector. The seminar, titled The Role of Transparency in Combating and Preventing Corruption, focused on…
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Iraq Pushes for Full Electronic Payment Transition by 2025
In alignment with Iraq’s ongoing financial and economic reform agenda, Prime Minister Mohammed S. Al-Sudani has directed the government to implement key initiatives aimed at advancing and modernising electronic payment systems and services across the country. This move comes as part of broader efforts to streamline economic processes, reduce reliance…
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Iraq, Spain Commit to Economic and Trade Growth
During the thirteenth session of the Iraqi-Spanish Joint Committee, hosted in Baghdad, Iraq’s Minister of Transport, Mr. Razzaq Muhaibis Al-Saadawi, announced a successful round of discussions, underscoring Iraq’s commitment to economic openness and international cooperation. This meeting highlighted Iraq’s drive to bolster its economic and trade ties globally under the…
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Arab-Turkish Economic Forum Sparks New Pathways for Investment
Iraq’s Finance Minister, Taif Sami, participated in the 15th Arab-Turkish Economic Forum, held in Istanbul, alongside government officials, business leaders, investors, and Arab finance ministers. The forum aimed to strengthen economic and investment ties between Arab countries and Turkey, focusing on key sectors such as energy, infrastructure, manufacturing, and technology.…
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Iraq’s Reforms Noted in World Bank Report
On Thursday, 3rd October, the World Bank released its “Business Ready 2024 (B-READY)” report, which spotlighted Iraq’s significant progress in enhancing its business environment. The report focused on key developments in regulatory reform, public services, and operational efficiency, indicating a major transformation as Iraq becomes a more appealing destination for…
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New Merger Under Ministry of Commerce
Deputy Prime Minister and Minister of Planning, Dr. Mohammed Ali Tamim, chaired a crucial meeting on Wednesday to study the potential merger of two companies under the Ministry of Commerce. This initiative aligns with the government’s broader economic vision, aimed at enhancing efficiency and service delivery in key sectors. The…
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Iraq’s 2022-2031 Education Plan: World Bank Support
The Iraq National Education Strategy (INES) 2022-2031 marks a significant step forward in the Iraqi government’s efforts to enhance the quality and efficiency of public services. Developed in collaboration with the World Bank, INES is designed to overhaul the country’s education system, aligning it with Iraq’s broader socio-economic development goals…
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Baghdad and Erbil in Talks on Unifying Retirement Benefits
The Director General of the Legal Department, Mr. Muhammad Hamza Mustafa, chaired a crucial meeting today with the Head of the Kurdistan Region Representation in Baghdad and his accompanying delegation. The session focused on exploring the possibility of extending the provisions of the national Retirement Law to retirees in the…
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Iraq Invests in Human Capital for a Sustainable Future
The Ministry of Planning, held its first national conference under the slogan “Investing in People.. Building for the Future,” to improve human capital in Iraq. Organised by the Department of Human Development in collaboration with the World Bank, the event gathered key ministers, international organisations, and civil society representatives. Dr.…
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