Prime Minister Zidi Outlines Strategy to Shift Iraq Toward Market-Oriented Economy

Prime Minister Ali Zidi has announced a strategic pivot to move Iraq away from a socialist-leaning economic model, identifying economic, political, and security stability as the three pillars of his administration's agenda. The government is actively courting global corporations to invest in Iraq to help define and modernize the nation's economic identity. Zidi emphasized that the state must maintain an exclusive monopoly on power, characterizing this centralization as a firm policy decision rather than a discretionary choice. This approach is intended to ensure national stability and provide a secure environment for international partners. Reaffirming Iraq’s commitment to the international community, the Prime Minister stated that Baghdad will continue to strengthen its global diplomatic and economic ties. He pledged that the government will not tolerate any actions that threaten or obstruct the operations of foreign companies within the country. By fostering a more open investment climate, the administration aims to integrate Iraq more deeply into the global market. These measures are designed to facilitate foreign participation and protect the integrity of international business interests operating in the region.