| Iraq: Integrity Scorecard Report > Sub-Category: Privatization | ||
| Indicators | Score | |
| 53 | Is the privatization process effective? | 33 |
| 54 | Can citizens access the terms and conditions of privatization bids? | 60 |
Indicator and sub-Indicator Details
| 53 | Is the privatization process effective? | |||||||
| 53a: In law, all businesses are eligible to compete for privatized state assets. | ||||||||
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Comments: References: The Investment Law, Iraqi Council of Representatives, [ LINK ] (Sept. 2007). Private Investment Law for refining Crude Oil, Iraqi Council of Representatives, [ LINK ] (Oct. 2007).
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| 53b: In law, there are regulations addressing conflicts of interest for government officials involved in privatization. | ||||||||
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Comments: References: There are no formal regulations.
Peer Review Comments: There are many laws that prohibit government officials from holding dual jobs. The Investment Law prohibits local provincial council members from membership in the Provincial Investment Commission.
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| 53c: In practice, conflicts of interest regulations for government officials involved in privatization are enforced. | ||||||||
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Comments: The regulations are ineffective. A survey conducted by CIPE in late 2007 among Iraqi business leaders revealed that the lack of legal and regulatory enforcement is one of the most significant impediments to economic development in the country. References: Al-Shibani, Ahmed Abdu Al-Hamza, AlNajaf AlAshraf website, [ LINK ]. CIPE: Iraq Business Survey 2007 ([ LINK ])
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| 54 | Can citizens access the terms and conditions of privatization bids? | |||||||
| 54a: In law, citizens can access privatization regulations. | ||||||||
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Comments: References: The Investment Law, Iraqi Council of Representatives, [ LINK ] (Sept. 2007). Private Investment Law for refining Crude Oil, Iraqi Council of Representatives, [ LINK ] (Oct. 2007).
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| 54b: In practice, privatizations are effectively advertised. | ||||||||
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Comments: References: Al-Shibani Ahmed Abdu Al-Hamza, AlNajaf Alashraf website, [ LINK ].
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| 54c: In law, the government is required to publicly announce the results of privatization decisions. | ||||||||
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Comments: Yes, the ministries concerned are required to announce the results. References: Law of Governmental Procurement and Auctions .
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| 54d: In practice, citizens can access privatization regulations within a reasonable time period. | ||||||||
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Comments: References: The Investment Law, Iraqi Council of Representatives, [ LINK ] (Sept. 2007). Private Investment Law for refining Crude Oil, Iraqi Council of Representatives, [ LINK ] (Oct. 2007).
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| 54e: In practice, citizens can access privatization regulations at a reasonable cost. | ||||||||
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Comments: References: The Investment Law, Iraqi Council of Representatives, [ LINK ] (Sept. 2007). Private Investment Law for refining Crude Oil, Iraqi Council of Representatives, [ LINK ] (Oct. 2007).
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