Iraqi Economists Network

شبكة الاقتصاديين العراقيين

Latest Economy News

Iraq: Corruption deteriorates economy and leads Iraqis to unknown fate

Iraq: Corruption deteriorates economy and leads Iraqis to unknown fate

Corruption in Iraq is unlike other countries as it has developed into an integrated system that has led the country into a tragic social and economic situation. The Iraqi people, living on a wealthy land and floating on a sea of ​​oil, has become one of the world’s poorest. For years, Iraqis have struggled to eradicate corruption. However, their demands have not been met by the decision-makers. Thus, Iraqis were left with no options but to revolt against the authorities to end an era that exhausted the country’s economy and dragged them into the unknown
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What to Know About the Massive Protests Roiling Iraq. By Caroline Alexander ,

What to Know About the Massive Protests Roiling Iraq. By Caroline Alexander ,

Iraqis were enjoying an unusually peaceful period. Baghdad appeared vibrant and safe in mid-September, with violence at its lowest since the 2003 U.S.-led invasion, having plummeted following a victory over Islamic State two years ago. Then something cracked. Massive anti-government protests erupted and drew an unexpectedly harsh response from authorities. The oil-rich country is now mired in the kind of unrest it had hoped was in the past, with officially at least 100 people killed and thousands wounded. So what went wrong? What are Iraqis protesting about?
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Iraq Acts to End Deadly Response to Protests

Iraq Acts to End Deadly Response to Protests

BAGHDAD—Iraqi leaders moved Monday to stop the use of deadly force against protesters and promised new social aid in a bid to calm demonstrations that have threatened a new cycle of violence. Iraqi Prime Minister Adel Abdul-Mahdi on Monday acknowledged for the first time that Iraq’s military had used excessive force to quell protests that have left more than 100 people dead and over 6,000 injured. He pulled the military out of Baghdad’s Sadr City neighborhood, where 15 people were killed Sunday night during protests, and ordered prosecutions of any soldiers and officers found to have improperly used force.
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Iraq urges Indian companies to participate in energy and infra projects: Envoy

Iraq urges Indian companies to participate in energy and infra projects: Envoy

Being one of the largest oil and LNG importer, India is looking at other countries to fulfill its demands. Being one of the largest oil and LNG importer, India is looking at other countries to fulfill its demands. Soon, Minister of Petroleum and Natural Gas Dharmendra Pradhan will be visiting Iraq to explore possibilities for increasing imports from that country. Fear of political unrest and lack of direct sea route, Indian businesses have kept away from Iraq since 2002. With the country limping back to normalcy, the bilateral trade between the two countries touching $ 19bn between 2017-18, Indian companies could play a major role in Iraq’s economy by joining various projects in infrastructure and commodities.
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Decentralization and its Discontents in Iraq. By Mike Fleet

Summary In Iraq the issue of decentralization tends to kick up a flurry of activity and discussion whenever Law 21 is amended or a governor attempts to create a new region. Otherwise though, federalism only draws attention as it relates to Baghdad-Kurdistan Regional Government (KRG) relations, oil revenue sharing, or both. However, while federalism rarely lends itself to meani

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Rebuilding Iraq: Prospects and Challenges. By Abbas Kadhim

Reconstruction in Iraq cannot be achieved without universal reconciliation, economic and education reform, and equitable application of the rule of law The deterioration of Iraqi infrastructure predates the U.S. invasion of 2003. The Iran–Iraq War (1980–88) forced the regime to divert most available resources to military-related spending and cut back on new projects. As a resu

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Iraqi Oil: industry evolution and short and medium-term prospects. By Ahmed Mehdi

Iraq has been a key contributor to OPEC liquids growth, with IOCs in southern Iraq having added approximately 1.7–1.8 mb/d (million barrels per day) in the period 2011–16. With renewed focus on medium-heavy sour markets in light of OPEC output policy, geopolitical supply-side disruptions and Asian refining dynamics, Iraq’s future role in oil markets is of critical importance. T

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GLOBAL TRENDS IN RENEWABLE ENERGY INVESTMENT 2019

ACKNOWLEDGEMENTS This report was commissioned by UN Environment’s Economy Division in cooperation with Frankfurt School-UNEP Collaborating Centre for Climate & Sustainable Energy Finance and produced in collaboration with BloombergNEF. CONCEPT AND EDITORIAL OVERSIGHT Angus McCrone (Lead Author, Chief Editor) Ulf Moslener (Lead Editor) Francoise d’Estais Christine Gr

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The Iraqi National Economy

World Bank: Iraq Economic Monitor Toward Reconstruction, Economic
With a Special Focus on Transition to Poverty Targeted Cash Transfer System
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Promoting Investment in a Fragile Context: the OECD
FOREWORD  In 2007, the Government of Iraq requested OECD support to help
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The National Development Plan of Iraq for 2018-2022
Download the document as PDF file. Click on folksinging link NationalDevelpment Plan
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Oil & Gas Policy

Rosneft’s Iraqi Kurdistan oil and gas play angers
When the Iraqi autonomous region of Kurdistan went looking for someone brave
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Interview with Gary Vogler, author of the Book:
The longest-serving American in Iraq’s oil sector gives an insider’s account of
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Iraqi oil law puts elections before state-building. By
Since the ratification of Iraq’s constitution in 2005, Iraq has struggled to
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Iraq establishes National Oil Company. By Adnan Abu
ARTICLE SUMMARY To help further develop Iraq’s energy sector, parliament recently passed
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