4 days ago
Iraq to adopt national policy for small and medium enterprises
Baghdad ( – The Iraqi Ministry of Planning held on Wednesday a national validation workshop in Baghdad to examine and approve the first draft of Iraq's National Policy for Small and Medium Enterprise (SME) Development.
The International Labor Organization (ILO) provided assistance for the event, which was also funded by the Italian Agency for Development Cooperation (AICS), according to a statement released by the ILO.
Iraqi Undersecretary of the Ministry of Planning Hanaa al-Asady stressed that the program lays the groundwork for economic resilience by encouraging innovation and job creation throughout Iraq.
ILO Country Coordinator Maha Kattaa underlined the organization's commitment, saying that it is pleased to assist Iraq's efforts to create an inclusive SME environment that supports decent employment, green transformation, and long-term development.
The feedback obtained throughout the workshop provided useful insights and practical recommendations, which will be included in the final version of the policy document to ensure it is responsive, practical, and inclusive as it prepares for formal approval and launch.
This milestone is part of the ILO's project 'Towards more and better employment through enhanced support to private sectors in southern Iraq—with a focus on green business.'
The workshop reaffirmed the country's strong commitment to creating a policy for SME development, inclusive entrepreneurship, and the green transition.
