UNDP: IMPACT OF COVID-19 ON THE IRAQI ECONOMY

FOREWORD This paper builds on the “Impact of the Oil Crisis and COVID-19 on Iraq’s Fragility” published in August 2020 by the United Nations Development Programme (UNDP). It explored how the COVID-19 pandemic and diminishing oil revenues are affecting various dimensions of Iraq’s fragility. A series of forthcoming papers will provide more details on key aspects of Iraq

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A rejoinder to World Bank’s response to my article Re: ‘World Bank assessment is flawed…manufacturing is viable in Iraq.’By Dr. Amer Hirmis

To the editors of the ‘Iraqi Economists Network’ (IEN)   At the outset, my thanks go to the editors of the IEN and also to the World Bank’s ‘Country Economic Memorandum Team’ (WB-Team) for their interest in my article posted at the IEN website in early March (http://iraqieconomists.net/en/2021/03/08/world-banks-assessment-is-flawed-manufacturing-is-viable-in-iraq-pre

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World Bank’s assessment is flawed: Manufacturing is viable in Iraq Preliminary brief comments! By Dr Amer K. Hirmis *

Abstract  In late September 2020, the World Bank published a report entitled ‘Breaking out of fragility: a country economic memorandum for diversification and growth in Iraq’ (henceforth WB 2020). [i] In October 2020, the Iraqi government published its ‘White Paper for Economic Reforms: Vision and Key Objectives.’ This was followed in January 2021 by a draft ‘White Paper for

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IMF Staff Completes 2020 Article IV Mission with Iraq

February 11, 2021 Washington, DC: On February 8, 2021 the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Iraq. The COVID-19 pandemic and a sharp decline in oil revenues have exacerbated Iraq’s longstanding economic vulnerabilities. Real GDP contracted by an estimated 11 percent in 2020, reflecting a slowdown in non-

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