Kurdish Policy Analysis

By Dr. Pshtiwan Faraj | Kurdish Policy Analysis The KRG has launched the second phase of Project Bloom, providing loans of up to IQD 150 million to 100 agricultural and industrial SMEs to boost jobs and economic diversification. New initiative offers loans of up to IQD 150 million to expand domestic production, create jobs, and accelerate economic diversification in the Kurdistan Region The Kurdistan Regional Government has officially launched the second phase of Project Bloom (Gashanawa/Geshanewe) , expanding one of its flagship economic initiatives to provide financial support for 100 small and medium-sized enterprises (SMEs) operating in the agriculture and industrial sectors. Under the new phase, eligible businesses will receive concessional financing ranging from IQD 1 million to IQD 150 million , as the government seeks to stimulate private-sector growth, increase domestic production, and create hundreds of new jobs across the Kurdistan Region . The project forms part of the...

By Dr. Pshtiwan Faraj | Kurdish Policy Analysis  More than 420 factories have reportedly closed across Syria under the HTS administration as insecurity, electricity shortages, and cheap imports deepen the country's industrial crisis. Security concerns, energy shortages, cheap imports, and economic restructuring accelerate the collapse of Syria's manufacturing sector Syria's industrial sector has suffered a sharp deterioration under the administration led by Hayat Tahrir al-Sham (HTS) , with hundreds of factories and manufacturing facilities closing across the country amid worsening security, soaring production costs, and growing competition from imported goods. According to EghtesadOnline , approximately 420 factories, industrial plants, and workshops have ceased operations over the past three months in key industrial provinces, including Aleppo, Damascus, Latakia, Tartous, and Homs , highlighting the mounting economic challenges facing post-Assad Syria. The closures c...

  By Dr. Pshtiwan Faraj | Kurdish Policy Analysis The Kurdistan Regional Government says investment has surpassed USD 25.3 billion across 856 strategic projects, marking one of the largest economic transformation programmes in the Region's history. Spanning housing, tourism , manufacturing, agriculture, healthcare, education and banking, the investment drive reflects a long-term strategy to reduce dependence on oil and position Kurdistan as an emerging commercial hub linking the Middle East, Türkiye and Central Asia. Investment in the Kurdistan Region has surpassed USD 25.3 billion across 856 projects, highlighting the KRG's strategy to diversify the economy, expand private investment, and reduce dependence on oil. A Quarter-Trillion Dinar Transformation For much of the past two decades, the Kurdistan Region's economy has been viewed through the prism of oil exports and fiscal disputes with Baghdad. Today, however, a different story is beginning to emerge. According ...

  By Dr. Pshtiwan Faraj | Kurdish Policy Analysis With more than $25.3 billion invested across 856 strategic projects, the Kurdistan Regional Government is accelerating one of the Middle East's most ambitious economic diversification programmes. From housing and tourism to industry, agriculture, healthcare, and education, the Region is laying the foundations for a more resilient and self-sustaining economy beyond oil. The Kurdistan Region has attracted more than $25.3 billion in investment across 856 projects, strengthening economic diversification, creating jobs, and reducing reliance on oil revenues. A Defining Moment for Kurdistan's Economy For decades, the Kurdistan Region's economy has been closely tied to oil revenues and fiscal transfers from Baghdad. Today, however, the Kurdistan Regional Government (KRG) is pursuing a broader vision—one centred on diversification, private investment, and long-term economic resilience. According to the KRG Department of Medi...