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Tax Conference for Economic Development and Investment Environment Stimulation

26-08-2025

Tax Conference for Economic Development and Stimulating the Investment Environment

Under the patronage of Prime Minister, Engineer Mohamed Shia' Al Sudani, the Head of the Board of Trustees of Bayt Al-Hikma ( House of Wisdom), Dr. Qahtan Ni'ma Al Khafaji, attended the proceedings of the Tax Conference for Economic Development and Stimulating the Investment Environment. The conference was organized by the Osoul Foundation for Economic Development and Sustainable Development in cooperation with the Iraqi Ministry of Finance and the Central Bank of Iraq.
The conference was launched on Monday, August 25, 2025, at Al-Zawraa Hall in Al-Rashid Hotel, with an opening speech by Prime Minister Mohamed Shia' Al Sudani. In his speech, his excellency emphasized on supporting the private sector and unifying the tax procedures and laws to align with international standards. He affirmed Iraq's progress in this field, which will open doors for investors, strengthen partnerships with the private sector, and foster confidence in the Iraqi market.
The conference aimed at shedding light on the 2025 tax reform plan and its impact on the national economy, discussing the challenges of the current tax system, and exploring modern digital and regulatory solutions. It also seeks to enhance public-private partnerships in tax collection and support investors by establishing a transparent tax system that encourages investment.
Through its scientific departments, particularly the Economic Studies Department, Bayt Al-Hikma strengthens its partnerships with government institutions and local and international organizations that contribute in supporting sustainable economic growth in Iraq. This is to contribute in achieving the goals of sustainable development, as economic challenges require concerted efforts and the innovation of sustainable solutions to ensure a better future for Iraq.
The conference witnessed high-level attendance from the Iraqi government, diplomatic missions, and major global companies in the fields of technology, industry, consulting, and oil. There was also broad participation from the Iraqi private and banking sectors, with media coverage from both international and local newspapers and agencies.

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