The Investment Experience in Iraq
Department of Planning and Policies
Investment is considered one of the economy’s main drivers and an excellent means for circulating capital at the economic level. It also plays a significant role in developing the economy of countries and serving the state and the general public. After 2003, Iraq opened its doors to investment, an experience that requires evaluation and an assessment of its outcomes and impact on the Iraqi reality. The core issue lies in the limited benefit that citizens have derived from the investment. Despite the privileges granted to investors by law, the majority of citizens have not directly benefited from investment, whether in the housing sector—where real estate prices remain high and it is difficult for low- and middle-income individuals to obtain housing in investment complexes, despite the Central Bank of Iraq financing most housing projects through housing loans—or in the industrial sector, where foreign goods continue to dominate the market and there are few notable Iraqi industries. In the health sector, services in private hospitals remain very expensive for the poor and middle class. Many other examples could be cited, highlighting the need to understand the limited impact of investment in Iraq.
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Arabic Version: https://www.baidarcenter.org/posts/2924
