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Iraq Council of Minister’s White Paper

26 Oct 2020 9:26 PM | Anonymous

Iraq Council of Minister’s White Paper:

Financial Reforms to Introduce Stability, Prosperity,

Including Growth of International and Iraqi Private

Sector Business

October 23 2020

To Our Colleagues and Stakeholders in the American Business Community in Iraq:

AmCham-Iraq is pleased to announce the AmCham-Iraq will make available, as a Member benefit, an English-language translation of the Iraq Council of Ministers’ (CoM) White Paper on proposed financial reforms to be considered and taken within the next three years to introduce stability and the return of prosperity to Iraq, inclusive of the grown of international and Iraqi private sector businesses.

We direct your attention to the White Paper’s sector-specific proposed reforms:

Topics                                                                                                                 Pages

  • Government of Iraq (GOI) national budget (2020-2024)              42-45
  • Banking and Financial Sectors                                                               47-51
  • Agricultural Sector                                                                                    52
  • Hydrocarbon Sector                                                                                  53-55
  • Private Sector                                                                                             55-59
  • State-Owned Enterprises                                                                       60-62

  • Electricity Sector                                                                                        65-68  

  • Telecommunication Sector                                                                     68

  • Transport Sector                                                                                        69-70

  • Free Zones and Industrial Cities                                                            71

During the next four weeks, AmCham-Iraq will publish a series of detailed analyses of the implications of the Iraqi government actions proposed in the White Paper on current and future international business operations and opportunities in Iraq.

If you would like to receive the English-language translation of the White Paper and AmCham-Iraq’s forthcoming analyses, please contact us at  

On behalf of the AmCham-Iraq Board of Directors

Timothy B. Mills

President, AmCham-Iraq



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