Security Stability and its Reflection on Bringing Capitals
Iraq has faced an abnormal security situation in the last years that resulted in refraining foreign investors and capitalists from investing inside Iraq. This feature has led Iraq to become a rentier state and rely on oil.
After years of war, insurgency and the spreading COVID-19, Iraq has witnessed vividly unprecedented security stability that encourages foreign and Arab public figures on social media and some athletes to visit Iraq to have a tourist tour inside the Iraqi cities and deliver a magnificent image about Iraq as well as consolidating the commercial activity via holding foreign and Arab meetings and summits to draw a clear policy of economy.
Iraq’s interest in enhancing the security situation has become an important priority to support the economy because the security stability creates a good environment that is beneficial to investments and pushes forward to encourage investors to invest the capital inside Iraq.
Finally, it is expected that the year 2023 can be the pedestal of investments in Iraq, hoping that it is a good year for all of us.