The Iraqi National Economy

Radical reform is only way to avert ‘disaster’ for oil-reliant country, says finance minister Ali Allawi, Iraq’s finance minister: ‘All you can do is to point out the disaster before us if we continue along this path Iraq’s finance minister has warned of “severe security consequences” if its economy is not “restructured radically”, as the coronavirus crisis wreaks havoc o

 This article discusses an optimistic and realistic proposal to minimise the overall impact of the coronavirus global crisis on Iraq in the medium and long terms. It briefly describes the opportunities for Iraq post the crisis to be a self-reliant and prosperous nation if it harnesses the essential sustainable resources of people, water and fertile land as well its rich archaeo

The Iraq Economic Monitor provides an update on key economic developments and policies over the previous six months and presents findings from recent World Bank work on Iraq, placing them in a longer-term and global context and assessing the implications of these developments and other changes in policy regarding the outlook for Iraq. Its coverage ranges from the macro-economy

Introduction Since the crash in Iraqi oil prices from US$61.0 (per barrel) at the end of January 2020 to US$20.7 by mid-April 2020, a crisis compounded by the spread of COVID-19 virus, political vacuum, failed ethno-sectarian polity, to mention but a few, the country has been grappling with quasi-existentialist questions?   First, can/should Iraq as a country and