1. Home
  2. Iraq Catalytic Economic Diversification (ICED) programme
UK - Foreign, Commonwealth Development Office (FCDO)

Iraq Catalytic Economic Diversification (ICED) programme

IATI Identifier: GB-GOV-1-301535

Description

This programme seeks to catalyse economic development and diversification in Iraq, focussing on creating a thriving private sector and removing barriers to entrepreneurship. This programme supports stability in Iraq, increasing job opportunities (with a focus on female economic empowerment and green jobs) for the rapidly growing population and fiscal space for increased investment in basic services. It will reinforce the Government of Iraq’s (GoI’s) ambitious economic reform agenda – supporting diversification of the oil dependent economy, whilst also providing direct support to the private sector to catalyse investment and growth. Through improving the business environment and create better functioning markets the programme aims to mobilise investment (both domestic and foreign), in particular commercial capital for non-oil sectors.


Location

The country, countries or regions that benefit from this Programme.
Iraq
Disclaimer: Country borders do not necessarily reflect the UK Government's official position.

Status Implementation

The current stage of the Programme, consistent with the International Aid Transparency Initiative's (IATI) classifications.

Actual Start 22 Aug 2023Progress by time35.40%Planned End31 Mar 2028

Programme Spend

Programme budget and spend to date, as per the amounts loaded in financial system(s), and for which procurement has been finalised.

Spend to date£331,857 (82.71%)Programme budget£401,236

Participating Organisation(s)

Help with participating organisations

Accountable:Organisation responsible for oversight of the activity

Extending: Organisation that manages the budget on behalf of the funding organisation.

Funding: Organisation which provides funds.

Implementing: Organisations implementing the activity.

Sectors

Sector groups as a percentage of total Programme budget according to the OECD Development Assistance Committee (DAC) classifications.

%01020304050607080901000Domestic revenue mobilisationPublic finance management (PFM)

Budget

A comparison across financial years of forecast budget and spend to date on the Programme.

FY23/24FY24/25£0.0£20k£40k£60k£80k£100k£120k£140k£160k£180k£200k£220k£240k£260kFY23/24FY24/25BudgetSpend

Policy Marker(s)

ODA measures in relation to their realisation of OECD development policy objectives

Gender Equality significant objective
Disability significant objective

Download IATI Data for GB-GOV-1-301535