Iraqi Economists Network

شبكة الاقتصاديين العراقيين

Latest Economy News

Russia, Saudi Arabia at odds over output deal ahead of OPEC+ meeting: RIA cites source

Saudi Arabia and Russia have differences over a potential deal among OPEC+ oil producers that could ease curbs on supply starting in April, a source told RIA news agency on Monday ahead of a meeting of the group next week.
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Iraq Plans to Build 10 Gigawatts of Solar Projects Over 10 Years

While oil’s dizzying collapse is still fresh for many traders, rumblings are starting to emerge that by the end of next year prices could once again top $100 a barrel.
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WFP and the World Bank Partner on Socio-Economic Research in Iraq

The United Nations World Food Program (WFP) and the World Bank are partnering on gathering key data on the impacts of COVID-19 on households, including people who are displaced, in camps, and those who have returned to their areas, as well as host communities.
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Iraq expresses commitment to compensate for overproduced volumes

Iraq reiterates its commitment to adhering to full conformity and compensating for overproduced volumes in accordance with decisions taken at OPEC and non-OPEC Ministerial Meetings (ONOMM), most recently the 13th ONOMM on 4/5 January 2021.
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IMF Staff Completes 2020 Article IV Mission with Iraq

February 11, 2021 Washington, DC: On February 8, 2021 the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Iraq. The COVID-19 pandemic and a sharp decline in oil revenues have exacerbated Iraq’s longstanding economic vulnerabilities. Real GDP contracted by an estimated 11 percent in 2020, reflecting a slowdown in non-

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Scientists Warn Oil Will Be Depleted in Less Than 30 Years, by Alp Mimaroglu

The solar revolution is coming. It’s been building momentum for years and is quickly becoming unstoppable. According to the U.S. Department of Energy, installations in the United States have grown 35-fold since 2008. This trend is expected to continue, with installations set to double between 2019 and 2023. Some people may doubt that the future of energy production lies in har

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Humam Miscone*: In Iraq: 73 Development Documents Were Prepared Since 2003, But What about Implementation, Outputs and Impact Assessment?

Since 2003, a total of 73 development policy, strategy, plan, roadmap, masterplan and government programme were prepared on the national, regional, local and sectoral levels. A list of these documents arranged in chronological sequence of the date of completion or approval is provided at the end of this article.   These documents covered most of the economic, social,

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The Iraqi National Economy

IMF Staff Completes 2020 Article IV Mission with
End-of-Mission press releases include statements of IMF staff teams that convey preliminary
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Is Demography Destiny? The Economic Implications of Iraq’s
Abstract This paper examines the fiscal and economic implications of Iraq’s current
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Humam Miscone*: In Iraq: 73 Development Documents Were
Since 2003, a total of 73 development policy, strategy, plan, roadmap, masterplan
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Oil & Gas Policy

OPEC launches 2020 edition of the World Oil
The 2020 OPEC World Oil Outlook (WOO) was launched today in Vienna,
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BP says the era of oil-demand growth is
BP Plc said the relentless growth of oil demand is over, becoming
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Tariq Shafiq* Oil and Politics in My Life,
A typical Iraqi individual From the outset, let me say that I
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Historical Oil Shocks. By James D. Hamilton
ABSTRACT This paper surveys the history of the oil industry with a
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