Baghdad: Today’s newspapers in Baghdad focused on the new measures to attract investors, government reassurances regarding the financial situation, and several other pressing issues.
According to National Iraqi News Agency, Al-Zawraa newspaper, published by the Iraqi Journalists Syndicate, highlighted statements from Hanan Jassim, spokesperson for the National Investment Commission, on Iraq’s significant investment opportunities. Jassim emphasized the country’s potential in sectors like energy, infrastructure, agriculture, industry, and information technology due to its natural resources and strategic location. She detailed the Commission’s efforts to simplify administrative procedures and enhance the investment environment by reducing bureaucracy, facilitating licenses, and providing tax and financial incentives to attract foreign investments.
Jassim further explained the Commission’s role in offering technical and advisory support services to help investors navigate the local environment and overcome challenges. The Commission also organizes international investment exhibitions and events, promoting promising sectors and coordinating with relevant ministries to ensure a stable investment climate.
Al-Sabah newspaper, published by the Iraqi Media Network, reported on the country’s financial situation and the 2025 general budget schedules. It noted that Deputy Prime Minister and Minister of Planning, Mohammed Tamim, announced the completion and submission of the 2025 budget schedules to the Council of Ministers. The Ministry of Finance confirmed the country’s financial stability by ensuring timely salary disbursements and pensions before Eid al-Fitr. The 2025 budget is projected to reach approximately 200 trillion dinars, with a deficit of around 64 trillion dinars.
Financial advisor Madhhar Muhammad Salih explained Iraq’s strategy to mitigate oil price fluctuations, ensuring stable salaries and social welfare while implementing service projects. He noted that the price of a barrel of oil in the federal budget law was set at $70, ensuring stable revenues despite global challenges.
Additionally, Al-Zaman newspaper addressed the issue of Iraqi aircraft in Iran, with experts urging the government to reclaim aircraft delivered during the Second Gulf War. Expert Faris Al-Jawari emphasized the symbolic importance of returning these aircraft to enhance Iraq’s military capabilities and respect its sovereignty. He highlighted the need for negotiations to address Iraq’s air fleet shortage, impacting military readiness.