Iraqi Economists Network

شبكة الاقتصاديين العراقيين

Latest Economy News

Dr. Mudher M. Salih, the Economic Advisor To The Prime Minister: 83% Of The Monetary Mass Is Almost Idle

aghdad: Al Furat News} The economic advisor in the cabinet, Dr. Mazhar Muhammad Salih, proposed a set of solutions aimed at confronting the fiscal deficit in the next year 2021 budget, which was initially estimated at approximately 35 trillion dinars, putting at the forefront of these proposals, financing the deficit gap through Improvement in oil revenues and positive developments that may occur in the energy markets, as well as resorting to external loans.
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Cabinet approves draft pension and social security law, authorises signing of contract for automating customs procedures

The Cabinet held its weekly meeting on Tuesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. The Cabinet discussed Covid-19 and the Ministry of Health’s ongoing efforts to contain the spread of the Coronavirus.
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Dr Madhar Muhammad Salih: We Expect An Increase In Non-Oil Revenues To Cover 25% Of Next Year’s Budget

The financial advisor to the prime minister, Mazhar Muhammad Salih, expected yesterday, Tuesday, that the country’s non-oil revenues will increase to reach 25 percent of next year’s budget, based on the decisions of the meeting of the Council of Entities not affiliated with the Ministry.
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UNDP* COVID-19’s impact on Social Cohesion in Iraq cannot be ignored in recovery efforts: New report

Baghdad– The impact of COVID-19 on social cohesion in Iraq represents yet another challenge faced by communities across the country and must be addressed to ensure Iraq’s full recovery from the pandemic, according to a new report released today by the United Nations Development Programme (UNDP) in Iraq, in collaboration with the International Organization for Migration (IOM).
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Nadhir Al-Ansari , Salwan Ali Abed and Salam Hussein Ewaid* Agriculture in Iraq

The climate of Iraq is of the subtropical semi-dry type; however, the country was rich in water resources until a few decades ago. The climate change, the construction of many dams on the Tigris and Euphrates Rivers in the neighboring countries, wasting water, and mismanagement caused water shortages. Now, there is a need to decrease consumption, good management of water resour

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World Bank: COVID-19 and Low Oil Prices Push Millions of Iraqis into Poverty

New World Bank report calls for urgent fiscal stimulus and economic reforms to help the poor and the most vulnerable in Iraq. Baghdad, November 11, 2020 – The twin shocks of COVID-19 pandemic and the collapse of oil prices have caused significant economic challenges and pushed millions of Iraqis into poverty, according to the new issue of the World Bank’s Iraq Economic Monit

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IEN announcement of our fourth webinar in cooperation with the World Bank

The Iraqi Economists Network is pleased to invite you to attend our fourth webinar in cooperation with the World Bank.  A representative of the World Bank will be presenting the new edition of Iraq Economic Monitor, This report is entitled: “Protecting Vulnerable Iraqis in the Time of a Pandemic, The Case for Urgent Stimulus and Economic Reforms” and special focus on “Impacts

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The Iraqi National Economy

World Bank: COVID-19 and Low Oil Prices Push
The new Fall 2020 edition of the Iraq Economic Monitor titled “Protecting
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Harry Istepanian * Iraq’s economic White Paper misses
On October 10, the government of Iraqi Prime Minister Mustafa al-Kadhimi issued
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Iraq’s Ministry of Planning: Iraq Visio 2030
Introduction by the Chairman of the Authors and Technical Committee Iraq seeks
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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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