by admin | Sep 6, 2021 | Analysis
Interview with Prof Frank R. Gunter : Q1: As an economist who is familiar with Iraq, what is your view on the currency devaluation? Is it the right step taken at the wrong time? How do you see the overall effects of the devaluation? FG: I think that the primary...
by admin | Aug 30, 2021 | Analysis
Iraq’s Central Bank (CBI) depreciated the Iraqi Dinar (IQD) by nearly 18 per cent from IQD1,180 to IQD1,450 against the US Dollar (USD). This devaluation negatively impacts millions of “losers” – i.e., those who are most affected by inflation resulting from the...
by admin | Aug 30, 2021 | Analysis
Iraq’s 2021 Parliamentary elections are scheduled for October. Despite the elections drawing near, there is little enthusiasm among the electorate with hopes for meaningful reforms having faded with the failure of successive governments to address endemic corruptions,...
by admin | Aug 30, 2021 | Analysis
“Corruption benefits the few at the expense of the many; it delays and distorts economic development, pre-empts basic rights and due process, and diverts resources from basic services, international aid, and whole economies. Particularly where state institutions are...
by admin | Aug 29, 2021 | Analysis, Blog Post
Policy discussions associated with Iraq’s 2021 budget bill so far ignored the challenges facing the country’s informal economy. The initial budget draft prepared by the Iraqi Finance Ministry, as well as the amendments proposed by Parliament’s Finance Committee have...
by admin | Aug 29, 2021 | Analysis, Blog Post
The Covid-19 containment measures and restrictions showed the food security weakness of Kurdistan Region of Iraq (KRI) and Iraq, since they depend heavily on importing most of food items. The disruption in the international trade and supply chain failure may threaten...
