IFC Regional Director Aftab Ahmed and Iraqi Prime Minister.jpg Baghdad, Iraq, September 03, 2023—IFC signed a flagship agreement today with the government of Iraq that will harness private sector capital and expertise to develop the country's main airport—opening the door for more private sector investment and establishing a competitive model for other critical infrastructur
Read MoreIraq’s economy is overwhelmingly dominated by the oil sector. According to the World Bank, over the last decade oil revenues have accounted for more than 99% of exports, 85% of the government’s budget, and 42% of GDP. Despite the strong rebound of the economy after the pandemic thanks largely to high oil prices and increased export volumes that last year drove oil revenues
Read Morereviews the history of China’s economic engagement with Iraq and contributions to its post-invasion reconstruction by producing more oil and building cost-effective infrastructure, boosted by a recent “oil for reconstruction deal”. It will also try to debunk some popular myths about Chinese-Iraqi cooperation that refer to China filling a vacuum left behind by the West or being
Read MoreBaghdad - INA - Harith al-Abadi The Japan International Cooperation Agency (JICA) has detaild today, Saturday, its role in Iraq, 2014, While JICA disclosed the most prominent projects and axes of joint cooperation, and revealed the volume of budgets and loans allocated to implement its projects in Iraq, and the most prominent challenges and obstacles facing some projects. G
Read MoreThe Iraq Reform, Recovery and Reconstruction Fund (I3RF) was founded in partnership with the Government of Iraq in 2018 and is funded by Canada, Germany, Sweden and the United Kingdom. The Trust Fund provides a platform for financing and strategic dialogue for reconstruction and development in Iraq, with a focus on promoting targeted national reform efforts and improving the ef
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