Over the past 15 years, China has executed a strategy in Iraq that has been incredibly effective. Although the two countries recently commemorated their 65th anniversary of friendship, arguably this relationship really began in earnest in 2007 when the two countries’ presidents met and China agreed to cancel Iraq’s debt. China’s debt relief served as a prelude to its eventual e
Read More
Iraq has struggled to attract FDI over the past two decades. Now, with a period of stability, can it turn a page and attract foreign investment? It is safe to say that Iraq has struggled to attract foreign direct investment (FDI) over the past 20 years. Two decades of conflict, which have included the 2003 US-led invasion, intra-sectarian strife and a war against Islamic
Read More
As part of its efforts to strengthen the Kurdistan Region of Iraq, the Kurdistan Regional Government (KRG) has endeavored to establish a diversified economy through Vision 2020 and Vision 2030. The KRG has undertaken numerous initiatives to achieve this significant objective, including administrative reform, digital transformation, agricultural development, banking system advan
Read More
A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussion
Read More
By outlining a strategy for the Mutually Beneficial Joint Development and Monetization of Gas Fields and Energy Resources in the North of Iraq, in partnership with the Kurdistan Region of Iraq, vision regarding reconciliation and a constructive settlement of differences between the Kurdistan Regional Government and the Federal Government of Iraq in relation to the management of
Read More