Iraq Economic News and Points To Ponder Thursday Evening 12-11-25
Cardinal Sako: Iraqis Are Waiting For The Birth Of A New Iraq
Thursday, December 11, 2025 12:00 | Politics Number of views: 340 Kirkuk / NINA / Cardinal Louis Raphael Sako stated that Iraq is a country of immense importance, not only because of its geographical location, its historical identity, its civilizations, and its wealth, but also because of the vitality of its people, their ethnic and religious diversity, and the radical thinking and creativity of its sons and daughters.
He added: After the fall of the previous regime in 2003, Iraqis aspired to a new, safe, stable, democratic, and sovereign Iraq, with a civil system that ensures equality for all citizens and places their interests above all other considerations.
However, what transpired was a system of sectarian power-sharing and tribal sheikhdoms, which paved the way for the bitter experience of ISIS, legalized corruption, spread bribery, and established militias that, over time, became more powerful than the state, driving Iraqis, especially the elite, to emigrate!
In a message, Sako stated that today, after 22 years of experience and the recent parliamentary elections, as we prepare to welcome the new year of 2026, shouldn't we seriously revisit the essence of the change that occurred in 2003 and its objectives?
This should be a courageous step towards correction and reconciliation. He emphasized that crises are not resolved by force, but rather by embracing contemporary culture—a more rational and realistic culture that prioritizes service, social, cultural, legal, and economic institutions, similar to those in developed countries—through dialogue, understanding, and the search for common ground.
He pointed to the importance of respecting the rule of law and implementing the concept of citizenship. Therefore, the current constitution should be amended to protect the rights and freedoms of all citizens as true and equal partners in the nation.
He stressed the need to confine weapons to the state and make this a priority for the next government, as armed factions do not build a state. He also called for rejecting unilateralism, preoccupation with private interests, and the struggle for power and "representation."
Finally, he emphasized the need for a strong and developed economy through concrete steps, serious monitoring of corruption, and the recovery of stolen funds for the state treasury.
He stressed that delaying the formation of the government does not serve the country, therefore it is imperative to expedite the formation of a new government that reflects the aspirations of the Iraqi people—a government that is sovereign and decisive, capable of restoring Iraq's well-being and prestige, a government that strives to implement justice, equality, and integrity, and to address failures and crises and provide services through actions, not promises. /End https://ninanews.com/Website/News/Details?Key=1266256
Prime Minister's Advisor: The Development Path Is Entering The Implementation Phase
Reconstruction and building Economy News – Baghdad With the final designs completed (100%), the Development Road project enters a crucial phase that paves the way for its transformation from a strategic plan to an executive reality.
Nasser Al-Asadi, the Prime Minister’s Advisor for Transportation and Development Affairs, confirmed in an interview with Al-Sabah, which was followed by Al-Eqtisad News, that the project has officially moved to the marketing and international investment attraction phase, explaining that the completed designs are currently undergoing technical review before being launched.
The Development Road is the largest economic project in the history of modern Iraq, as it aims to create a land-rail corridor extending from the Grand Faw Port to the Turkish border, passing through a number of governorates.
Al-Asadi revealed that Iraq has received investment offers from several countries, including Turkey, the UAE, Qatar, and Oman, with growing interest from the Gulf states. He explained that the final route, agreed upon between Baghdad and Erbil, will pass through Dohuk and reach Fishkhabur, as it is the least expensive and easiest to construct, according to studies by an international consultant.
The project aims to reduce trade time between Asia and Europe to 15 days. Al-Asadi also indicated that the expected revenues, whether from current or future investments, are estimated at billions of dollars, with financial and economic studies to be announced soon. He emphasized that the project will provide numerous job opportunities and form a cornerstone for strengthening the national economy. https://economy-news.net/content.php?id=63284
Launch Of The "Ameen" Digital Platform To Combat Cybercrime And Extortion In Iraq
Money and Business Economy News – Baghdad The National Security Service announced on Thursday the launch of a new digital platform called "Amin" aimed at combating cybercrimes and the increasing cases of extortion within Iraqi society.
The agency's spokesman, Arshad al-Hakim, said at a press conference that "with the expansion of the communication environment and the growth of cyber threats, the agency realized that the confrontation is not only in the field, but also includes content and blackmail."
The governor added that the new application was developed in response to citizens' requests for protection against blackmail, explaining that the "Amin" platform allows for direct and secure handling of blackmail-related images and videos, without the need for complex procedures. The application also provides users with immediate notification when necessary.
The spokesperson noted that the registration and operation mechanism was designed by the Electronic Operations Unit within the National Security Service, to ensure speed and efficiency in dealing with emergencies and to protect citizens’ digital rights.
The launch of the “Ameen” platform comes as part of the agency’s efforts to enhance cybersecurity and protect society from growing digital crimes, which contributes to raising the level of trust between citizens and security agencies.
https://economy-news.net/content.php?id=63300
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