New World Bank report calls for urgent fiscal stimulus and economic reforms to help the poor and the most vulnerable in Iraq. Baghdad, November 11, 2020 – The twin shocks of COVID-19 pandemic and the collapse of oil prices have caused significant economic challenges and pushed millions of Iraqis into poverty, according to the new issue of the World Bank’s Iraq Economic Monit
Read MoreOverview Iraq's education sector has faced obstacles for decades due to multiple crises including prolonged conflict, protracted displacement, economic crisis, and subsequent social and political tensions. New crises emerged at the end of 2019 and beginning of this year, including: public discontent and waves of protests that started in October 2019, and the economic repercuss
Read MoreThe Iraqi Economists Network is pleased to invite you to attend our fourth webinar in cooperation with the World Bank. A representative of the World Bank will be presenting the new edition of Iraq Economic Monitor, This report is entitled: “Protecting Vulnerable Iraqis in the Time of a Pandemic, The Case for Urgent Stimulus and Economic Reforms” and special focus on “Impacts
Read MoreOn October 10, the government of Iraqi Prime Minister Mustafa al-Kadhimi issued a White Paper to reform Iraq’s economy. The energy sector’s future has taken considerable space in the blueprint alongside the country’s increasing demand for electricity. The paper lists the Iraqi government’s plan for the next three to five years, with an effort to satisfy the gap between demand a
Read MoreThe coronavirus disease (COVID-19) pandemic continues to sweep across the region, though countries are cautiously proceeding with reopening. The necessary public health response to the pandemic has greatly decreased mobility and has come at a steep economic cost. As a result, real GDP in the region is projected to fall by 4.1 percent in 2020. This contraction is 1.3 percentage
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