IBBC Contributes to WB Iraq Report

The World Bank has released its latest report on Iraq entitled "Navigating the Perfect Storm" with a special focus on "Laying the Foundations for a New Economy in Iraq: Digital Transformation". The launch was done via a virtual media roundtable on 4 May 2020 and The Press release links can be found in English and Arabic. The report is also being circulated on the World Bank social media outlets.

Members of the IBBC advisory council, including Professor Frank Gunter, provided input that helped shape the final document, which predicts a GDP contraction of 9.7% in 2020 and some stark choices that country faces. However, there is an extended section on Digital economy and transformation that points the way to change and opportunity.