Establishment of the “Entrepreneurial Investment Fund” from the Iraq Development Fund and the management by the private sector

Establishment of the “Entrepreneurial Investment Fund” from the Iraq Development Fund and the management by the private sector

Ahmed Rafea

Amidst the evolving economic landscape and the urgent need to address unemployment, Iraq stands at a critical juncture. The main focus of our policy report revolves around a pivotal proposal: redirecting a portion of the currently underutilized public investment budget across various government sectors towards bolstering the private sector. This strategic reallocation, aligned with the government’s outlined strategy to support the private sector as detailed in the consultative documents, In line with the government’s initiatives to launch the Iraq Development Fund, which is expected to serve as an incentive to alleviate the unemployment crisis currently faced by Iraq.

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