Iraqi Economists Network

شبكة الاقتصاديين العراقيين

Latest Economy News

StartUP, Hayat Al-Janoub sign MoC in Basra

Basra (IraqiNews.com) – A Memorandum of Cooperation (MoC) was recently signed by StartUP and Hayat Al-Janoub to solidify their strategic alliance and continue their short- and long-term cooperation. This collaboration will make it possible to strengthen the economy of Iraq, grow the private sector, and make it easier for Basra’s engineers to find employment.
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Building Iraq Exhibition to take place this week in Baghdad

Baghdad (IraqiNews.com) – The Building Iraq Exhibition will be held in Baghdad this week, from November 21 to November 24, 2022. The show will take place at the Baghdad International Fairground. Over 100 companies’ products connected to building materials will be on display at the event. The United Arab Emirates, Egypt, Saudi Arabia, Qatar, Turkey, France, Germany, Greece, India, and Italy are among the nations that are represented.
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Former Iraq’s Finance Minister Ali Alawi interview on Chatham House Iraq conference 2022

At Chatham House’s annual Iraq Initiative Conference 2022, policymakers, analysts, academics and activists will convene in London and online to discuss the last year’s developments, and explore the potential trajectory of Iraq’s politics, security, and economy in the context of increasing uncertainty and instability. This conference is part of Chatham House’s Iraq Initiative. Attendance is free of charge.
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Iraq Sells Over 100 Mn Barrels Oil In Oct, Earnings Rose To $9.25 Bn

The average price of Iraqi crude oil in October was 88.31 dollars a barrel, according to the Ministry, citing data from the State Organisation for Marketing of Oil According to the country's Oil Ministry, Iraq exported 104.83 million barrels of crude oil in October, earning USD 9.25 billion in income. According to the Ministry, the average price of Iraqi crude oil in October was 88.31 dollars a barrel, citing data from the State Organisation for Marketing of Oil.
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Iraq: Country Climate and Development Report (November 2022)

Climate Change Inaction Threatens Iraq’s Social Stability and Long-Term Economic Development Prospects Baghdad, Nov 9, 2022 – Climate change, in particular increasing water scarcity, could further threaten Iraq’s fragile social contract under an oil-led growth model that has been a source of economic volatility. According to the new World Bank Group’s Country Climate and Dev

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What Could Iraqis Gain from Their Oil Windfall? by Mohammed Hussein*

Although Iraq stands to gain significant revenues from an oil windfall, urgent reforms are needed to ensure these funds benefit the people, not just the elites. After a full year of political stalemate and fierce power struggles, Iraq’s ruling elite have finally managed to form a government led by Mohammed Shia' al-Sudani. Thanks to the surge in international crude oil price

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World Bank: Iraq Economic Monitor, Fall 2022: A New Opportunity to Reform

The World Bank’s new Iraq Economic Monitor, A New Opportunity to Reform finds that high oil prices have boded well for Iraq’s economy pushing fiscal and external balance into double digit surpluses. After growing by 2.8 percent in 2021, GDP growth accelerate in the first half of 2022 to 10.5 percent thanks to rising oil output and a recovery in domestic economic activity after

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The Iraqi National Economy

Iraq: Country Climate and Development Report (November 2022)
Climate Change Inaction Threatens Iraq’s Social Stability and Long-Term Economic Development Prospects
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What Could Iraqis Gain from Their Oil Windfall?
Although Iraq stands to gain significant revenues from an oil windfall, urgent
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World Bank: Iraq Economic Monitor, Fall 2022: A
The World Bank’s new Iraq Economic Monitor, A New Opportunity to Reform
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Oil & Gas Policy

What Could Iraqis Gain from Their Oil Windfall?
Although Iraq stands to gain significant revenues from an oil windfall, urgent
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Energy crisis feared by Europe long a reality
Europe may fear an energy crisis over the coming winter, but for
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Iraq Energy Profile: Second Largest Crude Oil Producer
Petroleum and other liquids Iraq’s crude oil production (excluding condensates) averaged 4.1
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Attacks on major Iraqi gasfield drive out U.S.
Exterran Corp workers leave after more rocket attacks Plan to expand output
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