Tuesday, November 11, 2025

💼 Iraq Eyes Creation of a Sovereign Wealth Fund 🇮🇶💰

💼 Iraq Eyes Creation of a Sovereign Wealth Fund 🇮🇶💰

“Wars Have Hampered It” — A Vision for National Investment and Growth

Prime Minister’s Advisor Mazhar Muhammad Saleh has proposed the establishment of an Iraqi Sovereign Wealth Fund (SWF) to invest domestically and fuel national development. 🌱

🏦 Key Points:

  • Purpose: Channel Iraq’s revenues into internal development projects — agriculture, industry, services, and infrastructure. 🧱

  • Structure: Managed through a joint public holding company linked to the fund.

  • Self-Sustaining Model: The fund’s profits will be reinvested into the Iraqi economy for continuous growth. 🔁

  • Historical Challenge: Iraq’s earlier financial surpluses (1980–2003) were depleted by wars and debt, preventing SWF creation. ⚔️

  • Current Position:

    • Iraq holds over $100 billion in Central Bank reserves, invested mostly in safe, low-yield instrumentslike U.S. Treasury bonds. 💵

    • These reserves are semi-liquid and  not classified as a sovereign wealth fund.

  • Global Comparison: Unlike Norway, Saudi Arabia, or China—whose SWFs invest globally for high returns—Iraq’s reserves remain conservative. 🌍

Saleh envisions a domestic-focused sovereign fund that could multiply Iraq’s income and help the country finally turn oil surpluses into sustainable national wealth. 🚀

📌 Follow Iraq’s Economic Transformation:

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