In 2024, Iraq stands at a pivotal crossroads, balancing newfound stability with emerging challenges. The year has been marked by strengthened domestic unity, as various factions cooperate more closely than in the past decade. This cooperation has paved the way for peaceful provincial council elections, the successful establishment of local governments, and seamless parliamentary elections within the Kurdistan Regional Government.
The United Nations Assistance Mission for Iraq (UNAMI) is preparing to conclude its mission by December 31, 2024. This transition will see responsibilities handed over to the Iraqi government, following a resolution by the United Nations Security Council, signaling a significant step towards Iraq’s self-reliance in reconstruction and development.
Under the leadership of the Iraqi government, large-scale infrastructure projects are underway, including the construction of roads, railways, water treatment facilities, schools, and power grids. The focus on oil extraction, refining, manufacturing, and renewable energy has accelerated, contributing to the rapid growth of the non-oil economy. These efforts have led to increased foreign exchange reserves and a notable decrease in inflation, fostering a more resilient economic landscape.
2024 also saw Iraq conduct its first population census in 37 years, revealing a population exceeding 45 million. This demographic boom highlights an untapped dividend that could drive further economic and social advancements in the coming years.
However, the rise of resistance groups and the discourse surrounding U.S. military bases continue to dominate Iraqi perspectives. These factors are poised to significantly influence Iraq’s future trajectory, shaping its political and security landscape.
As Iraq navigates these dynamics, the nation's ability to maintain internal stability and foster economic growth will be crucial in addressing both current and future challenges.
Reference(s):
Iraq 2024: Rise of 'resistance' groups and potential U.S. withdrawal
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