World Bank: COVID-19 and Low Oil Prices Push Millions of Iraqis into Poverty

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 More

IEN announcement of our fourth webinar in cooperation with the World Bank

The 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 More

IMF* REGIONAL ECONOMIC OUTLOOK MIDDLE EAST AND CENTRAL ASIA, OCT 2020

The 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

Read More