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Iraq special report synopsis

As the first year following the departure of US troops, 2012 is a crucial year for Iraq

Cover date: 2 March 2012

Advertising booking deadline: 23 February 2012

Contact: advertising@meed.com/ +971 (0) 4390 0698

Yet within days of the last soldiers leaving, sectarian tension returned, with the Shia prime minister, Nouri al-Maliki accusing the Sunni vice-president, Tareq al-Hashemi of using his office to aid terrorism. The Iraqiya party responded with a boycott of parliament for several weeks. The Iraq special report will analyse what is at the root of the tensions and what is being done to address them. It took nine months of discussions to form the coalition government and the country has much to lose if it collapses, it could derail the reconstruction effort and worsen the security situation.

Iraq earned nearly $83bn in oil revenues last year and much of this will be channelled into reconstruction projects. If the reconstruction effort is to be a success, it requires a strong banking system to support it. The special report will analyse the performance of the major banks, the credit and deposit growth and the challenges facing the banking sector, including the allegations of corruption levelled at some institutions.

While the security situation in the rest of Iraq continues to deteriorate, the economy of the northern Kurdistan region is flourishing. Oil production and revenues are rising and the government has been signing deals with major international firms keen to do business in Iraq. A feature will focus on the Kurdistan region and how Baghdad is losing out on opportunities.

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