Iraqi Economists Network

شبكة الاقتصاديين العراقيين

Latest Economy News

Iraq Moves to Implement Court Rule on Kurdistan Oil Operations

Iraq said it will start implementing a court ruling that gives the federal oil ministry oversight of Kurdish production after failed talks with officials from the semi-autonomous region. The Oil Ministry didn’t reach an agreement with the Kurdistan Regional Government over oil output and exports after 75 days of talks, Oil Minister Ihsan Abdul Jabbar said during a round-table meeting with officials in the Iraqi National Oil Co. Baghdad’s central government has long asserted its right to manage resources in Kurdistan, which has been pumping and selling oil independently. The top court ruled in February that the Oil Ministry is the sole body in charge of all oil operations in the country. 
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Iraq seeks ‘technical assistance and moral support’ for reform programme

Country’s economy is gradually recovering from the twin shocks of Covid-19 and the collapse in oil prices in 2020 Iraq, Opec’s second-largest oil producer, is seeking “technical assistance and moral support” from the international community for its reform programme as it seeks to boost its economy amid higher crude prices.
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Iraq’s water reserves fall 50 per cent after river diversions and dry spell

Iraq’s water reserves are down by half from a year ago because of poor rainfall and restricted flows in its two main rivers, the Ministry of Water Resources said on Thursday. But the reserves will be enough to meet the demand for drinking water and for irrigating orchards and seasonal crops, the ministry’s adviser, Aoun Diab, said.
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Iraq Aims to Close Qatar Gas Import Deal to Add Supply

Persian Gulf oil producer wants to sign LNG deal next month Iraq needs gas for power generation, electricity minister says By Khalid Al Ansary April 2022, 14:04 MESZCorrected20. April 2022, 14:18 MESZ Iraq plans to sign a deal next month to import liquefied natural gas from Qatar in an effort to secure enough of the fuel used for power generation and to diversify its sources of supply.
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Who’s responsible for covering Iraq with red dust?

Haifa Zangana A dust storm that covered seven Iraqi governorates, including Baghdad, caused more than 5,000 cases of suffocation and the death of one person. Social media sites circulated astonishing pictures of the red dust that enveloped the atmosphere, people and places for the seventh time in a month. The pictures were accompanied by analyses and theories, combining scie

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Iraq Reform, Recovery and Reconstruction Fund (I3RF): Trust Fund Annual Progress Report to Development Partners 2021

The Iraq Reform, Recovery and Reconstruction Fund (I3RF) was founded in partnership with the Government of Iraq in 2018 and is funded by Canada, Germany, Sweden and the United Kingdom. The Trust Fund provides a platform for financing and strategic dialogue for reconstruction and development in Iraq, with a focus on promoting targeted national reform efforts and improving the ef

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Combatting the Expanding Desert: National Green Belt in Iraq. By Hassan Janabi

Executive Summary: In addition to the many challenges facing Iraq now, desertification is yet another formidable challenge that needs immediate attention. The seemingly unstoppable desert expansion is creeping up and taking over the fertile lands in Iraq in unprecedented speed! It is manifested in a dramatic shrinking of green cover and the losses of millions of trees an

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The Iraqi National Economy

Iraq Reform, Recovery and Reconstruction Fund (I3RF): Trust
The Iraq Reform, Recovery and Reconstruction Fund (I3RF) was founded in partnership
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World Bank: Iraq Economic Monitor – The Slippery
Acknowledgments The Iraq Economic Monitor provides an update on key economic developments
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AHK*: BEST PRACTICES AND FAQ FOR DOING BUSINESS
Introduction Greeting Dear Readers, The German Liaison Office for Industry and Commerce
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Oil & Gas Policy

Huge Russian-Run Iraqi Oilfield May See Near-1 Million
West Qurna-2 has around 14 billion barrels of reserves in place. West
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What Oil Policy for Iraq? By Tariq Shafiq
It is in the national interest that the Ministry of Oil, especially
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Dana, Crescent Petroleum announce record Iraq gas production
Dana Gas, the leading publicly-listed regional natural gas company in the Middle
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Iraq to invest $3bn a year to switch
Baghdad is most at risk from the global transition to net-zero by
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