Two people living in Iraq may not disagree on the poor level of services provided by the State to its citizens. Primarily because of the widespread financial and administrative corruption in many branches of the State, confirmed in the report of the Corruption Cognitive Index, an indicator of corruption...
The devaluation of the national currency is a measure resorted to by the Central Bank to achieve several economic goals. Foremost is improving the trade balance and supporting the growth of productive economic sectors that suffer from foreign product competition due to the commodity dumping policies of the exporting...
Border crossing points have an important place in the priorities of Iraqi governments. In addition to being a major supplier of non-oil imports to the Iraqi State, border crossings have become a window of corruption for gangs, outlaws, and public money abusers, especially since the precarious security situation over...
The Iraqi economy has been in dire need of significant structural reforms and changes in public finances after the triple crisis of political, economic, and health. Demonstrations in central and southern Iraq took place in October of 2019; As a result of the deteriorating situation in services and the...
Throughout history, financial crises have been met with innovative reform plans that help develop the resilience of a country’s economic system, except when it comes to Iraq. All major oil producing countries have developed sovereign wealth funds to help mitigate the effects of potential price drops on their economies,...
The multiple aspects of economic shocks lead to the process of draining the economic resources available to countries, particularly those with Rent Economy, which are the most politically, economically, and socially vulnerable economies, sometimes generating large fiscal deficits or intensifying public debt and major concerns about oil revenue collection;...
Those who do not understand or cannot understand history; will not understand the present, and those who deny the facts of history; are in denial of reality; Even if they don't say so. Ibn Khaldun says: “History on its face is nothing more than news, but at the heart...
Epidemics since old - plague, smallpox, malaria, cholera, Spanish influenza, have affected civilizations; Many of them have had major repercussions on societies, beginning with a large number of deaths they have left, to make human beings think more deeply about human existence. After humanity (particularly the developed countries) took...
Raafat Al-Baldawi: Researcher Specialist in Economic Affairs, Master of Finance Studies - University of Baghdad.
In Iraq, all those who are decision-makers, active politicians, and specialists in various economic fields speak of economic reform as one of the lifeguards of the economy. In fact, none of the successive Governments...
The current policies may cause an economic crisis equal to what happened in Lebanon after the sharp drop in oil prices, the budget deficit, and the delay in paying salaries.
The current government has been working on immediate economic reform to push the financial crisis for some time. It has...
