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Iraq is facing daunting challenges of Islamic State of Iraq and Syria (ISIS) insurgency, political upheaval, and … slow due to constitutional constraints and systemic resistance to changes. Iraq's economic prospects are subject to … significant risks. Iraq has recently achieved some important steps towards strengthening its investment climate, but much remains …
Persistent link: https://www.econbiz.de/10012644852
Iraq's economy is gradually emerging from the deep recession caused by the pandemic and the plunge in oil prices in … 2020. Higher oil revenues pushed Iraq's overall fiscal and external balances into a surplus in 2021. The turnaround in oil … markets has significantly improved Iraq's economic outlook in the medium term. Iraq's fiscal and socio-economic fragilities …
Persistent link: https://www.econbiz.de/10013545527
Iraq's economy continued its recovery after the sharp, pandemic-induced recession in 2020 but growth constraints in the … structural reforms that Iraq needs to develop a vibrant and sustainable economy. The economic outlook remains subject to … bolster the private sector and unlock much-needed job creation. Financial access in Iraq is amongst the lowest in the world …
Persistent link: https://www.econbiz.de/10014579576
Persistent link: https://www.econbiz.de/10011393588
Iraq has enacted several legal, policy, and institutional reform initiatives, the intent of which is to shift political and … decentralization is yet to be followed through with efficient implementation. The Government of Iraq and the World Bank will like to …. The objective of the assessment is to take stock of the current state of decentralization in Iraq with a view to …
Persistent link: https://www.econbiz.de/10012644431
This note describes the methodology used for estimating trends in poverty rates for Iraq using the 2012 Iraq household … Iraq; between 2012 and 2014 for these 13 governorates. The first set of estimates show that the pace of poverty reduction … in Iraq was accelerating until the first half of 2014, while the second and third set of estimates quantify the adverse …
Persistent link: https://www.econbiz.de/10012644514
Iraq was plunged into two simultaneous crises in the second half of 2014, one driven by a sharp decline in oil prices … USD in September and 62 USD by December. Given Iraq's heavy dependence on oil as a share of GDP and exports, and a source … of government revenues, this decline in prices alone would have hit Iraq's fragile economy hard. In addition, since June …
Persistent link: https://www.econbiz.de/10012644515
Despite decades of war and instability, Iraq's abundant natural resources, strategic geographic location and cultural … history endow Iraq with tremendous potential for growth and diverse economic development. Driven by windfall oil revenues in … recent years, the Government of Iraq has invested heavily in rebuilding the infrastructure of the country, and its abundant …
Persistent link: https://www.econbiz.de/10012246753
Government of Iraq (GoI) and its international development partners have recognized the critical importance of sound management … of Iraq's substantial public financial resources. Both parties support the reform and modernization of public financial … management (PFM), as articulated in the International Compact for Iraq (ICI). Secondly, international experience demonstrates the …
Persistent link: https://www.econbiz.de/10012247111
Government of Iraq (GoI) and its international development partners have recognized the critical importance of sound management … of Iraq's substantial public financial resources. Both parties support the reform and modernization of public financial … management (PFM), as articulated in the International Compact for Iraq (ICI). Secondly, international experience demonstrates the …
Persistent link: https://www.econbiz.de/10012247112