The Global Competitiveness Report

Iraqi Economists Network

شبكة الاقتصاديين العراقيين

Latest Economy News

World Bank and EU to Help Iraq Strengthen Public Financial Management Oversight & Accountability

The Government of Iraq, the World Bank Group, and the European Union signed today a grant agreement aimed at strengthening the Government of Iraq’s institutions and mechanisms of fiscal accountability and oversight at federal and sub-national levels. 
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Iraq to Lower Oil Production to Compensate for OPEC Breach

Iraq plans to cut oil output in January and February to make up for breaching its OPEC+ quota last year, according to the state company that markets the nation’s crude. OPEC’s second-biggest producer will pump around 3.6 million barrels daily for the two months, according to Ali Nizar, the deputy head of SOMO...
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Cash-Strapped Iraq in Talks With IMF on $6 Billion Loan Package

Iraq is in talks with the International Monetary Fund for a $6 billion loan to prop up its ailing economy, Finance Minister Ali Allawi said in an interview in Baghdad. OPEC’s second-largest producer forecasts a 2021 budget deficit of 71 trillion dinars ($49 billion). Once the spending plan is approved by parliament, Iraq can apply for $2 billion in quick financing from...
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Iraq says it will not negotiate with OPEC+ its overproduction cut share

Iraq’s oil minister affirmed Iraq’s commitment to the OPEC+ reduction decision and the compensation of its overproduction share, he said in a statement on Saturday.
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The Iraqi National Economy

Iraqi And Kurdistan Budget Hangs In The Balance.
Despite the Government of Iraq and the Kurdistan Regional Government (KRG) agreeing a deal over its 2021 budget
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GIZ-PSD Iraq and Iraqi Economists Network (IEN) Joint
CALL FOR PROPOSALS   The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH
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GIZ-PSD Iraq and Iraqi Economists Network (IEN) Joint
CALL FOR PROPOSALS   The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH
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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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