Iraq Economic Monitor, Fall 2018 : Toward Reconstruction, Economic Recovery and Fostering Social Cohesion
Iraq’s overall security situation has notably improved after the defeat of ISIS, but significant challenges lie ahead. Iraq has witnessed major political and security transitions in 2017 when Prime Minister Al-Abadi announced in December the victor...
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Format: | Report |
Language: | Arabic,English |
Published: |
World Bank, Washington, DC
2018
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Online Access: | http://documents.worldbank.org/curated/en/980021539372476570/Iraq-Economic-Monitor-Toward-Reconstruction-Economic-Recovery-and-Fostering-Social-Cohesion http://hdl.handle.net/10986/30563 |
Summary: | Iraq’s overall security situation has
notably improved after the defeat of ISIS, but significant
challenges lie ahead. Iraq has witnessed major political and
security transitions in 2017 when Prime Minister Al-Abadi
announced in December the victory over ISIS after a war that
lasted three years. The defeat of ISIS in Iraq left the
government with the daunting tasks of rebuilding the
country’s infrastructure, reconstruction of liberated areas,
establishing security and stability,and providing services
for the return of the displaced persons. On May 12, 2018
Iraq voted in parliamentary elections that delivered a win
for a political bloc led by Moqtada al-Sadr, while PM
Al-Abadi’s bloc, once seen as front runner, came in third.
The ballots have been recounted after allegations of fraud
and completed on August 8th without major change. On
September 15th, Iraq’s parliament elected lawmaker Mohammed
al-Halbousi as speaker, marking a major step towards
establishing a new government. On October 2nd, Iraq’s
parliament elected as president Barham Salih,who immediately
named Adel Abdul Mahdi Prime Minister-designate, ending
months of deadlock afterthe national election in May. |
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