Iraqi Kurdistan Region – Iraqi Economists Network

Kurdistan gives oil companies 18-month deadline to end gas flaring

The unexpected directive could spur progress toward ending the wasteful and environmentally damaging practice of flaring, but it also raises concerns for oil companies. Kurdistan gives oil companies 18-month deadline to end gas flaring A flare burns at the Taq Taq oil field in 2016. (STAFF/Iraq Oil Report) By LIZZIE PORTER AND RAWAZ TAHIR of Iraq Oil Report Publishe

Despite the Government of Iraq and the Kurdistan Regional Government (KRG) agreeing a deal over its 2021 budget on December 20, the road to parliamentary approval may be bumpy, market participants told Debtwire. “Parliament has yet to approve [the budget], there is significant opposition to the KRG provisions there and so the deal could be held up, delayed or not implemented

If the Iraqi Kurdish region manages to reform its oil industry, it could become a model for the whole of Iraq. Iraq is one of the most corrupt countries in the world and oil has a lot to do with it. With nearly $100bn in annual revenues coming from oil, which constitutes 90 percent of its budget, the country is a great example of what political economists call "the resource

Implications for Policies to Increase Private-Sector Employment by Howard J. Shatz, Louay Constant, Jill E. Luoto, Alexandria Smith, Shmuel Abramzon Research Questions How can the Kurdistan Regional Government (KRG) improve the private-sector labor market in the Kurdistan Region — Iraq (KRI)? What inputs will be needed to improve KRG labor-market policy and the matches

ERBIL, Kurdistan Region – Internal reform and a pragmatic approach to relations with Baghdad are among the top recommendations from a British delegation published on Thursday following a fact-finding mission to the Region and the federal capital in May. "The Kurdistan Region in Iraq has taken two steps forward and one step back in recent years, but has survived and could thr