USAID Mission in Iraq
The United States Agency for International Development (USAID) has a major role in the U.S. Government’s (USG) reconstruction and development effort in Iraq. The mission of USAID in Iraq is to support the country’s transition to a stable, democratic, and prosperous state.
Since March 2003, USAID has invested approximately $6.1 billion on programs designed to stabilize communities; foster economic and agricultural growth; and build the capacity of the national, local, and provincial governments to represent and respond to the needs of the Iraqi people.
USAID works closely with Coalition forces and other USG agencies; international institutions such as the United Nations and World Bank; Iraq’s national, provincial and local governments; and a network of partners that include non-governmental organizations (NGOs), local community groups, and Iraqi citizens to implement a variety of development programs.
These programs are designed to achieve four interlinked strategic objectives:
Reduce incentives for participation in violent conflict through economic and social programs in communities that have been affected by insurgency;
Expand economic opportunities for Iraqis by developing a strong private sector;
Strengthen the effectiveness of local government; and
Improve the capacity of national government institutions.
For more information about development programs in Iraq, please visit our website at www.usaid.gov/iraq.
New Iraqi Youth Initiative
The Iraqi Youth Initiative is a national $12 million program administered by USAID that will provide training and loans to 18-35 year old Iraqis looking to enter new professions or expand current business ventures. For more information, read the Press Release (PDF 140 KB) or contact David DeVoss, Communications Director for the USAID Provincial Economic Growth Program (TIJARA) at: email@example.com
USAID Study Details Advances by Iraq's Microfinance Industry
USAID, through its Provincial Economic Growth Program, released State of Iraq’s Microfinance Industry, a 52-page report that describes the growth and emerging trends of a microfinance industry that rapidly is building financing systems accessible to all Iraqis.
Iraq’s microfinance industry was established seven years ago with financial and technical assistance from the U.S. Agency for International Development. Today, the industry consists of 14 microfinance institutions (MFIs) that serve all 18 of the country’s provinces. Since the industry’s inception in 2003, more than 204,710 loans, collectively worth $470 million, have been disbursed.
Download the PDFs (English only): Press Release (254KB) | Report (3.5MB)