Iraqi Economists Network

Iraqi Economists Network

شبكة الاقتصاديين العراقيين

Latest Economy News

Baghdad calls on Iraqi Kurdistan officials to discuss oil export resumption

Baghdad (IraqiNews.com) – In an attempt to come to an agreement on the restart of oil exports via an oil pipeline to the Turkish port of Ceyhan, the Iraqi Ministry of Oil on Tuesday asked for a meeting as soon as possible with the Ministry of Natural Resources in the Kurdistan region of Iraq and foreign companies operating in northern Iraq.
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Iraq to continue oil production cuts until the end of 2025

Baghdad (IraqiNews.com) – Iraq and other OPEC+ member states decided on Sunday to extend the additional voluntary cuts of 1.65 million barrels per day until the end of December 2025. Iraq, Saudi Arabia, Russia, the UAE, Kuwait, Kazakhstan, Algeria, and Oman, which announced voluntary cuts in April 2023 and November 2023, held a meeting in the Saudi capital, Riyadh, on the sidelines of the 37th OPEC and non-OPEC Ministerial Meeting (ONOMM).
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IMF Expects Iraq’s Economy to Grow by 1.4% in 2024, 5.3% in 2025

The International Monetary Fund (IMF) said on Thursday that Iraq’s economy contracted by 2.2% in 2022, projecting a growth by 1.4% in 2024 and 5.3% in 2025. The international monetary organization expected fiscal deficit to widen to 7.6% of GDP in 2024 from 1.3% in 2023, noting that Iraq requires an ambitious fiscal adjustment to stabilize debt in the medium term and rebuild buffers.
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Baghdad announces commitment to nationwide census date

Baghdad (IraqiNews.com) – The Iraqi Minister of Planning, Mohammed Tamim, said on Sunday that the population census will take place on November 20, 2024, as planned. Tamim mentioned in a statement that he met with officials in the Planning Ministry, where he reviewed the stages of work and the progress made in field procedures and requirements to complete the population census.
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Obituary

The Management Team of the Iraqi Economists Network (IEN) mourns with great sadness the passing of the Founder of the Network and its General Coordinator, Dr. Barik Muhammad Ridha Schubar, who passed away in Berlin on Saturday, June 15, 2024, after an illness that lasted only a few days. In the absence of Dr. Schubar, Iraq’s economic, social, development, and academic circles

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The Iraqi National Economy

China’s rush to fill power vacuum in Iraq
China is seizing an opportunity in the Middle East to improve its
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Iraq’s “Development Road”: Rough Terrain Ahead. BY DR.
Despite sharing a border, Iraq and Turkey have had a history marked
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IMF Executive Board Concludes 2024 Article IV Consultation
Washington, DC – May 16, 2024: On May 13, 2024, the Executive
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Oil & Gas Policy

Why Iraq Just Awarded a Strategically Vital Gas
  Russia-aligned Iraq has awarded the development of a crucial gas field
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Taking Advantage of a Window of Opportunity in
By outlining a strategy for the Mutually Beneficial Joint Development and Monetization
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Why Iraq’s oil tanker ambitions have not
Shipping is one of many sectors where Iraq is still playing catch-up
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Turkmenistan Eyes Lucrative Gas Deal With Iraq
By Eurasianet – Oct 14, 2023, 10:00 AM CDT   Turkmenistan is in discussions
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