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KTFA
Clare » July 25th, 2026
Iraqi Prime Minister Media Office
Prime Minister Ali Faleh Al-Zaidi Receives Representatives of JPMorgan in Washington and Agrees on the Opening of a Bank Branch in Iraq to Finance Projects Implemented by U.S. Companies
Media Office of the Prime Minister
July 18, 2026
JPMorgan Chase: Investment opportunities in Iraq are significant despite the challenges, and we look forward to increasing them
7/17/2026
JPMorgan Chalkovsky, Managing Director and Head of Global Government Sector at JPMorgan Chalkovsky, confirmed on Thursday that Iraq has promising investment opportunities, particularly in infrastructure projects, noting that the bank has been partnering with Iraq for more than two decades.
Glukhovsky said, “Over the past 22 years, the bank has contributed to supporting Iraq by strengthening the role of the Trade Bank of Iraq (TBI), advising the government on credit ratings, and participating in financing some 20 projects in cooperation with international credit guarantee institutions.”
She added that “infrastructure projects represent one of the most prominent areas of investment during the next phase,” stressing that “continued international support for Iraq enhances the growth opportunities of these projects and increases the role of the private sector.”
Regarding the challenges, she explained that “the security and political situation in the region affects the investment environment,” expressing her hope for “improved stability in the coming months, which will support economic activity.”
She also noted that “the Iraqi economy’s dependence on oil presents a challenge,” stressing that “the government’s move towards diversifying the economy and strengthening the private sector is an important step towards building a more sustainable economy,” and expressing her hope to expand the partnership between JPMorgan and Iraq in the coming phase. (LINK)
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Frank26 » July 25th, 2026
“IMF PRAISE CBI FOR THE MONETARY REFORM SUCCESS”…..F26
Finance Minister: IMF praise for government reforms reflects growing international confidence in the Iraqi economy
7/18/2026
Finance Minister Faleh Sari affirmed on Saturday that the International Monetary Fund’s (IMF) praise for the reforms implemented by the Iraqi government reflects growing international confidence in the Iraqi economy. He emphasized the continuation of reform programs to enhance financial stability and support sustainable development.
In a statement received by the Iraqi News Agency (INA), the minister said, “The meeting between the government delegation, headed by Prime Minister Ali al-Zubaidi, and IMF Managing Director Kristalina Georgieva in Washington, D.C., represents a significant milestone in strengthening the partnership between Iraq and the IMF and supporting the economic and financial reforms being implemented by the government.”
He added, “The IMF Managing Director’s praise for the reform measures, particularly in the areas of financial reform, combating c********n, and diversifying revenue sources, reflects growing international confidence in the Iraqi economy and the government’s steps aimed at building a more diversified and sustainable economy.”
Sari noted that “the Ministry of Finance continues to implement its reform programs in coordination with national entities and international partners, contributing to strengthening financial stability, improving the efficiency of public financial management, enhancing the investment climate, and enabling the private sector to play a greater role in achieving sustainable economic development.” (LINK)
Source: Dinar Recaps
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