Reconstruction costs from the war

Reconstruction costs from the war against ISIS will cost an estimated $88 billion, in addition to ongoing infrastructure development such as the Development Road project that will connect West Asia to Europe via Turkey. Iraq may also face tension with incoming Trump administration, which is avowedly pro-Israel and may view Iraq as part of Iran’s sphere of influence. Trump may enact punitive measures that could harm Iraq’s stability, increase tensions and depress economic activity. Political reform, reducing Iranian influence and consolidating state authority over arms are seen by the U.S. (and many Iraqis) as essential for Iraq to assert its independence. The country is preparing for parliamentary elections in 2025, and the results could potentially reset the political landscape. There is also a push for electoral reforms to ensure better representation and reduce marginalization of smaller political parties, a concern in the Kurdish region, which is dominated by two family-based parties. สล็อต