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.

Baghdad announces commitment to nationwide census date

Baghdad (IraqiNews.com) – The Iraqi Minister of Planning, Mohammed Tamim, said on Sunday that the population census will take place on November 20, 2024, as planned. Tamim mentioned in a statement that he met with officials in the Planning Ministry, where he reviewed the stages of work and the progress made in field procedures and requirements to complete the population census.

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

BAGHDAD — On a recent afternoon, bursts of drilling and the clamor of jackhammers cut sharply across Baghdad’s soundscape, piercing through the usual car horns and birdsong. Twenty years after an American-led invasion plunged Iraq into conflict, a real estate boom is changing the face of this historic capital city, as construction workers demolish old brick houses and clear

According to the new budget, Erbil will now have to deliver no less than 400,000 barrels of oil per day to Baghdad before it can receive its share of the federal budget. [Getty] On June 21, 2023 Iraqi President Abdul Latif Rashid ratified the country’s long-awaited three-year federal budget bill. On June 11, the bulk of MPs had voted for a three-year budget bill of around 19

After eight months in office, the Iraqi prime minister can point to a period of calm, increased foreign investment and a building boom in Baghdad as signs that his country is moving in the right direction. Onlookers are concerned, however, at the disproportionate economic influence of Iran and the government’s lackluster effort to stem corruption. BY ARAB DIGEST

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