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Supporting Investment Policy and Governance Reforms in Iraq

image of Supporting Investment Policy and Governance Reforms in Iraq

This publication reviews measures taken to support investment policy and governance reforms in Iraq.  It finds that Iraqi parliamentary elections, held without major security incidents in March 2010, are the latest in a series of indicators suggesting that the country may be achieving greater stability in governance and security - a key prerequisite for foreign and domestic investment, growth and job creation. Furthermore, the business environment is gradually improving as a result of an ongoing institutional capacity building process supported by the international community.

The MENA-OECD Initiative on Governance and Investment for Development is part of this effort, playing a key role in building the capacity of the National Investment Commission and its one-stop shop for investment licensing. The Initiative has helped raise awareness on corruption and bribery issues, provided training for the negotiators of international agreements, and advised on implementing regulations for the landmark Investment Law of 2006. This publication examines these issues, and MENA-OECD involvement in advancing them, for the period 2007-2008.

English

Improving Transparency in Government Procurement Procedures

Public procurement is a particularly corruption-prone government activity. Governments around the globe have grown increasingly alert to the risks of corruption and to the need for greater transparency and accountability in public procurement given its tremendous importance, both economic (10-15% of gross domestic product)1 and strategic (procuring the goods and providing the services that administrations need).

English

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