Economic expert: Al-Zaidi’s move to bring businessmen to Washington was ill-advised and will only create brokers.
Economic expert: Al-Zaidi’s move to bring businessmen to Washington was ill-advised and will only create brokers.
6-27-2026
The economic expert Hashim al-Haboubi stated on Saturday that Prime Minister Ali al-Zubaidi’s announcement of taking a group of Iraqi businessmen to Washington was an “unfortunate step,” describing it as a repetition of previous government scenarios that open the door to intermediaries and commissions at the expense of direct contracts.
Al-Haboubi told the Information Agency that “the businessmen accompanying the government delegation do not possess the capacity for actual investment within the United States,” explaining that “the primary objective of some of them is to become intermediaries for foreign companies in exchange for commissions, which constitutes significant harm to public funds and the state.”
He added that “preserving public funds requires taking ministers specializing in the financial and economic sectors, accompanied by a very limited number of government advisors,” noting that “this procedure is the best way to ensure that economic contracts and agreements are concluded directly between the Iraqi state and international companies, without intermediaries, thus avoiding suspicions of corruption.”
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