مركز دراسات البصرة والخليج العربي / جامعة البصرة

Abstract

Iraq faces great challenges, the most important of which are terrorism, economic corruption, and the rentier economy. The countries have disintegrated and collapsed after 2003 after the US occupation and the change of the previous political regime. The Iraqi economy has faced rampant corruption in various economic sectors, economic mafias, and the inability of successive Iraqi governments to address the imbalances in the Iraqi economy, and then terrorist organizations spread. Conflicts, destruction, displacement, and large financial spending on military operations and on fictitious and unproductive projects began since 2003 until Iraq’s victory over terrorism, which destroyed the country and the people, especially the Western regions of Iraq. Accordingly, the start of comprehensive economic reform, while limiting the phenomenon of financial and administrative corruption in the joints of the economic sectors in Iraq, and the reconstruction of cities and areas liberated from terrorist gangs, as well as developing appropriate plans and strategies to enhance the economy’s ability to advance the deteriorating reality and depends mainly on oil revenues. , and this needs to expedite the development of solutions and treatments to advance the economic reality, through diversifying the Iraqi economy in order to increase and diversify exports, reduce imports to provide hard currencies derived from oil revenues, encourage foreign investments in various economic sectors, and build adequate housing for the majority of the Iraqi people who suffer From economic corruption, terrorist operations, and building an economy that depends primarily on local natural and human resources.