Iraqi Economists Network

شبكة الاقتصاديين العراقيين

Iraqi Kurdistan Region

Dysfunctional’ economy blocks Kurdistan’s growth: British delegation. By Robert Edwards

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ERBIL, Kurdistan Region – Internal reform and a pragmatic approach to relations with Baghdad are among the top recommendations from a British delegation published on Thursday following a fact-finding mission to the Region and the federal capital in May.

“The Kurdistan Region in Iraq has taken two steps forward and one step back in recent years, but has survived and could thrive if it adopts robust pragmatism in transactions with Baghdad and accelerates internal reform,” reads a report by Britain’s All-Party Parliamentary Group (APPG) on the Kurdistan Region in Iraq, published Thursday.

“The main obstacle to international investment and domestic growth remains the dysfunctional shape of the economy, which has much in common with other Middle Eastern countries,” the report states.

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Dysfunctional’ economy blocks Kurdistan’s growth-British delegation. By Robert Edwards

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