Based on territorial gains in Syria and Iraq by the Islamic State of Iraq and Al-Sham (ISIS), the recent declaration of an Islamic State (Khilafah) has laid to waste President Obama's claim that the US (having withdrawn military forces from Iraq in 2011) left behind "a sovereign, stable and self-reliant Iraq." This was evidenced by a recent statement he gave to CBS news that IS
Read MoreThis memorandum addresses certain Constitutional interpretation issues relating to Iraqi oil policy and the division of authority between the federal government and the regions and governorates. The Constitution is problematic in many respects including the division of powers between the federal government and the regions and governorates. Nevertheless, we believe that there
Read MoreThe government wants to expand power generation capacity rapidly, but proposed new legislation is inadequate for the task, say Luay Al-Khatteeb and Harry Istepanian IRAQ's electricity sector has been in crisis since 2003, with citizens still facing long hours of blackouts despite the government's mammoth spending on electricity over the past 10 years. The sector has underperfo
Read MoreDownload PDF I wish to thank my esteemed colleague Dr. Ali Merza for his comments on my above named paper, published recently on the website of Iraqi Economists Network. Let me say From the onset that I find most comments of this type are not only helpful to the readers but also to me, especially at this time while I am writing a book on my 60 years experience of Iraq and th
Read More1. ABSTRACT Though the fact Iraq is preparing and issuing a federal annual budget, on yearly basis, since 2004. Besides, and to some extents, Iraq is also adopting few well acknowledged internationally advanced norms in the structure and preparation of the annual budget. Notwithstanding, the existing practice of preparing the budget, being recurrent and/or investment version
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