Iraqi Economists Network

شبكة الاقتصاديين العراقيين

Latest Economy News

World Bank and EU to Help Iraq Strengthen Public Financial Management Oversight & Accountability

The Government of Iraq, the World Bank Group, and the European Union signed today a grant agreement aimed at strengthening the Government of Iraq’s institutions and mechanisms of fiscal accountability and oversight at federal and sub-national levels. 
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Iraq to Lower Oil Production to Compensate for OPEC Breach

Iraq plans to cut oil output in January and February to make up for breaching its OPEC+ quota last year, according to the state company that markets the nation’s crude. OPEC’s second-biggest producer will pump around 3.6 million barrels daily for the two months, according to Ali Nizar, the deputy head of SOMO...
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Cash-Strapped Iraq in Talks With IMF on $6 Billion Loan Package

Iraq is in talks with the International Monetary Fund for a $6 billion loan to prop up its ailing economy, Finance Minister Ali Allawi said in an interview in Baghdad. OPEC’s second-largest producer forecasts a 2021 budget deficit of 71 trillion dinars ($49 billion). Once the spending plan is approved by parliament, Iraq can apply for $2 billion in quick financing from...
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Iraq says it will not negotiate with OPEC+ its overproduction cut share

Iraq’s oil minister affirmed Iraq’s commitment to the OPEC+ reduction decision and the compensation of its overproduction share, he said in a statement on Saturday.
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Iraq’s Economic Collapse Could Be Biden’s First Foreign-Policy Headache

By Farhad Alaaldin, Kenneth M. Pollack A new Iraq crisis is the last thing that U.S. President-elect Joe Biden needs. Unfortunately, it may be the first foreign-policy problem he has to face. Iraq is headed for a financial collapse, and in its current fragile state, fiscal ruin is likely to bring down its rickety political system, which could then ignite yet another round

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GIZ-PSD Iraq and Iraqi Economists Network (IEN) Joint Initiative to Promote Young Iraqi Economist researchers – Remider an Extension of the Deadline

CALL FOR PROPOSALS   The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH is a federal enterprise with worldwide operations. GIZ supports the German Government in the field of international cooperation for sustainable development. GIZ is also engaged in international education activities around the globe. Through our work we assist people and societies i

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Hawraa F. Al-Taee. Child Labor in Iraq (MA Thesis)

IEN is publishing Child Labor in Iraq thesis to bring attention to the fact that child labor has risen in Iraq due to poverty and wars. It is critical for academia, researchers, and governmental institutions to devote serious effort and focus to develop long term solution to such issue which would affect individual child future and the society as a whole. ABSTRACT One in

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Federalism and Iraq’s Constitutional Stalemate. By Raad Alkadiri *

This paper assesses the ongoing constitutional battle over the devolution of powers in Iraq and looks at the possibility of a long-term solution. The issue of federalism in Iraq has been hugely disruptive since the establishment of the post-2003 state. Although the 2005 constitution backed a devolution of powers to regions and provinces, flaws in the document and the need fo

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The Iraqi National Economy

World Bank: COVID-19 and Low Oil Prices Push
The new Fall 2020 edition of the Iraq Economic Monitor titled “Protecting
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Harry Istepanian * Iraq’s economic White Paper misses
On October 10, the government of Iraqi Prime Minister Mustafa al-Kadhimi issued
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Iraq’s Ministry of Planning: Iraq Visio 2030
Introduction by the Chairman of the Authors and Technical Committee Iraq seeks
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Oil & Gas Policy

The Iraq Considers A String Of Massive Oil
Iraq’s With the Western-leaning, reformist agenda of Iran President, Hassan Rouhani, neutered
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Oil: Brokered or Broken? By Alastair Newton
Last weekend’s agreement notwithstanding, international cooperation over oil output stands to be
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China Prepares To Close ‘Oil Deal Of A
Over the past week or so, China has eased quarantine measures in
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The Soleimani Effect: A Game-Changer for Iraqi Crude
The changing geopolitical landscape for Iraq’s energy sector   Much ink has
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