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UNDP: IMPACT OF COVID-19 ON THE IRAQI ECONOMY

  1. FOREWORD

This paper builds on the “Impact of the Oil Crisis and COVID-19 on Iraq’s Fragility” published in August 2020 by the United Nations Development Programme (UNDP). It explored how the COVID-19 pandemic and diminishing oil revenues are affecting various dimensions of Iraq’s fragility. A series of forthcoming papers will provide more details on key aspects of Iraq’s challenging political, social, economic and security context.

UNDP will present these additional thematic policy papers in the coming months, looking at the implications for social protection, the impact on environmental sustainability, social cohesion and the socioeconomic impact on vulnerable households. The aim of these policy documents is to offer a comprehensive overview of how the pandemic is affecting the social and economic context of Iraq. This responds to the recent call from the UN Secretary-General for ideas on surviving and recovering from the pandemic so that families and businesses can stay afloat, and the foundation for an inclusive recovery can be laid to ensure attainment of the Sustainable Development Goals (SDGs).

This current paper draws on various sources from within and outside the United Nations, using the latest information available at the time of writing. As the COVID-19 pandemic is a rapidly evolving global phenomenon, however, economic and social circumstances for both Iraq and the wider world are likely to change rapidly.

UNDP would like to thank Barbara-Anne Krijgsman as the lead coordinator for these policy papers and Bryn Welham as the main author of the current paper. Great appreciation also goes to the UNDP Regional Centre for Arab States and the UNDP Iraq Country Office team for their support.

Download the full report as PDF file

UNDP_IQ_Summary_Report_55080_WEB

 

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