Iraqi Economists Network

Baghdad calls on Iraqi Kurdistan officials to discuss oil export resumption

Baghdad (IraqiNews.com) – In an attempt to come to an agreement on the restart of oil exports via an oil pipeline to the Turkish port of Ceyhan, the Iraqi Ministry of Oil on Tuesday asked for a meeting as soon as possible with the Ministry of Natural Resources in the Kurdistan region of Iraq and foreign companies operating in northern Iraq.

Iraq to continue oil production cuts until the end of 2025

Baghdad (IraqiNews.com) – Iraq and other OPEC+ member states decided on Sunday to extend the additional voluntary cuts of 1.65 million barrels per day until the end of December 2025. Iraq, Saudi Arabia, Russia, the UAE, Kuwait, Kazakhstan, Algeria, and Oman, which announced voluntary cuts in April 2023 and November 2023, held a meeting in the Saudi capital, Riyadh, on the sidelines of the 37th OPEC and non-OPEC Ministerial Meeting (ONOMM).

IMF Expects Iraq’s Economy to Grow by 1.4% in 2024, 5.3% in 2025

The International Monetary Fund (IMF) said on Thursday that Iraq’s economy contracted by 2.2% in 2022, projecting a growth by 1.4% in 2024 and 5.3% in 2025. The international monetary organization expected fiscal deficit to widen to 7.6% of GDP in 2024 from 1.3% in 2023, noting that Iraq requires an ambitious fiscal adjustment to stabilize debt in the medium term and rebuild buffers.

When Mohammed Shia` al-Sudani became prime minister of Iraq in October 2022 after a year of impasse and political infighting, he made it a priority to combat endemic corruption in the country and help restore citizen trust in government institutions. But thus far, and twenty years after the US-led invasion, Iraq’s democracy remains dysfunctional under his leadership, subverted

By Timour Azhari, Maher Nazeh and Ahmed Saeed BAGHDAD, July 11 (Reuters) - When Jacob Nemec's family heard he was planning to go on holiday in Iraq, they pleaded with the 28-year-old American to reconsider. "I got a text from my grandma for the first time in five years saying - being your grandmother and to respect me - I would appreciate if you don't go. I got

By Ahmed Rasheed and Timour Azhari June 12, 20234:14 AM GMT+2Updated a month ago [1/3]Iraqi lawmakers attend a parliamentary session to vote on the federal budget at the parliament headquarters in Baghdad, Iraq, June 11, 2023. Iraqi Parliament Media Office/Handout via REUTERS BAGHDAD, June 12 (Reuters) - Iraq's parliament on Monday approved a 2023 budget of 1

Abstract The agriculture sector in Rwanda with its five component sub-sectors, namely; food crops, cash crops, live-stock, fisheries, and forestry, is one of the leading sectors in the economy. It contributed more than 33.2 percent to Rwandan gross domestic product (GDP) in 2014 and is a pivotal sector in employing the largest proportion of the national labour for

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