Deputy Prime Minister and Minister of Finance, Ali Allawi held a brief press conference that painted a sobering picture about Iraq’s current financial situation. The presser came after an extraordinary cabinet meeting that debated Iraq’s strategy to face the current financial crisis and the measures to combat it, focusing largely on public sector reform and the development of
Read MoreAcknowledgments The Middle East and Central Asia Regional Economic Outlook (REO) Update is prepared each spring by the IMF’s Middle East and Central Asia Department (MCD). The analysis and projections contained in the REO are integral elements of the Department’s surveillance of economic developments and policies in member countries. It draws primarily on information gath
Read More1. Introduction On May 19, 2020 Alaa al-Deen Ja’far (henceforth A. Ja’far) published an article entitled ‘Choice of zero ‘interest price’ to face the current deflation in Iraq.’ [1] Much of the article’s text comprises extracts from A. Ja'far’s 2011 book, [2] which is not included in the article’s references. The extracts are stated verbatim, with minor cosmetic
Read MoreAbstract The objective of this paper is to raise a question and examine the possibility of revitalizing wheat production and industry in Iraq. To what extent it is possible to close the gap between the actual wheat yield per unit of land and the potential yield in Iraq using the available tools such as high yielding cultivars, optimal use of fertilizers and water application a
Read MoreAfter nearly 20 years of political chaos in Baghdad, Mustafa al-Kadhimi is trying incremental reform. Iraqi Prime Minister-designate Mustafa al-Kadhimi makes a speech before the Iraqi Parliament in Baghdad on May 6. ANADOLU AGENCY VIA GETTY IMAGE After months of horse-trading and two failed attempts, Iraq finally has a new prime minister. Former head of intelligence Musta
Read More