1. In mid-term prospect, the economic risks (despite the Iraqi Government’s rather good reports on the achievements in fiscal and financial spheres) are subjected to significant influence of the political factors. For the domestic investors, it seems, the main reference point of improving economic situation in the country should be the Iraqi Government’s plans to implement the massive investment program to restore the home economy. Nowadays, these plans have been postponed due to the extremely complex military-political situation and high risks in the security sphere.
2. In Iraq, the investment climate is defined as the extremely unfavorable. The general situation in the country is noted for a high level of unpredictability in short-term prospect. Decisive for the further development of the situation would be the factors related to the struggle of foreign powers for spheres of influence, and the military-political circumstances concerning the Iraqi internal affairs, which are by now tend to split and fragment the Iraqi society into isolated groupings, inspired by some narrow ethnic and religious interests.
3. Under the conditions of political and legal vacuum, the economy of Iraq has fully turned out to become the hostage of the intestine strife. Though this non-stop-in-crisis Mid-East oil Eldorado, the ‘black gold’ of which is being hunted for by the energy ‘heavyweights’ from many countries, is unlikely threatened with any upheavals. For even before the American-British occupation, the Iraqi economy suffered a great deal because of prolonged rigid sanctions.