Is Iraq At An Inflection Point?

Conflict-ridden Iraq has recovered in the recent times and investors are increasing showing interest in the country. Recovery of oil prices and the need for development and reconstruction of the country’s infrastructure is an opportunity for investors seeking long-term returns in the country. The country’s risk premium has also narrowed in the past few months as the military has gained control over the terrorist group ISIS. However, the country is still not open to direct foreign investment due to lack of financial institutions and banking facilities. Additionally, the country’s stock markets are relatively illiquid making it less attractive.

Publisher: Frontera

Pages: 17

Conflict-ridden Iraq has recovered in the recent times and investors are increasing showing interest in the country. Recovery of oil prices and the need for development and reconstruction of the country’s infrastructure is an opportunity for investors seeking long-term returns in the country. The country’s risk premium has also narrowed in the past few months as the military has gained control over the terrorist group ISIS. However, the country is still not open to direct foreign investment due to lack of financial institutions and banking facilities. Additionally, the country’s stock markets are relatively illiquid making it less attractive.

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