Iraq and doing business with her. Is this region ready for global business? With more than $400 Billion Dollars needed to
rebuild Iraq [of which the U.S. has already contributed $48 Billion], can this country stand once again amidst all the corruption? The country has the third largest oil reserves in the world, its value is tremendous to the middle east region and the world.
There are three major areas that needs to be evaluated in Iraq’s road to ending corruption and greed – Fraud, Waste and Abuse. These areas are the root causes that’s feeding the beast of corruption in Iraq. The government of Iraq has a lot of work to do to win over the confidence of the international investment community. Investor confidence drives all economies. Without which, a country’s economic stability and viability can prove to be stagnant.
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