Iraq’s Economic Standing Declines: Global Risk Index Places Nation in High Danger Zone
The Global Risk Index for business and investment activities for the year 2025 has categorized Iraq within the extremely hazardous "red" zone. This designation signals significant concerns for both local enterprises and foreign investments.
Economist Ziad Al-Hashemi provided insights into this alarming classification through his social media platform, highlighting that Iraq has once again slipped into a perilous category. He pointed out that, despite official narratives, Iraq continues to deter investments due to prevailing security threats, economic instability, political disarray, and the pervasive influence of corruption and armed groups.
Al-Hashemi emphasized that the Iraqi government, along with its political framework, has not succeeded in enhancing the nation’s economic image. This stagnation places Iraq at a disadvantage in attracting international capital and enterprises. He remarked that many proposed development programs risk remaining unfulfilled ambitions, merely "ink on paper,” particularly in light of the challenges associated with drawing investments for key initiatives like the development road project.
In conclusion, Al-Hashemi noted that the Iraqi populace had anticipated an improvement in the country’s security and economic classification. Regrettably, it appears that the government and its political structure have once again let them down, failing to achieve this and other critical objectives.
This current assessment reflects Iraq’s ongoing struggle to foster an environment conducive to investment, underscoring the urgent need for systemic reforms to address these pivotal challenges.