Iraqi Economists Network

Iraqi PM tells US President that Iraq is shifting from a military alliance to economic ties with the US

Washington (IraqiNews.com) – The Iraqi Prime Minister, Mohammed Shia Al-Sudani, met on Monday with the US President, Joe Biden, in the White House in the US capital, Washington DC. Al-Sudani stated that Iraq is attempting to transition from a military alliance to a comprehensive partnership with the United States, emphasizing the significance of his visit to Washington at this delicate juncture.

Iraqi schools suffer from severe mismanagement and corruption

Bani Saad – In a small village in central Iraq, children cram into dilapidated classrooms in a converted farmhouse with open-air toilets, a symptom of how education has been neglected in the oil-rich but war-weary country. “We close the school when it rains because water leaks through the roof,” said Oudai Abdallah, director of a public elementary school in Bani Saad district, 40 kilometres (25 miles) north of Baghdad.

Iraqi Finance Minister reviews financial reforms with World Bank

Baghdad (IraqiNews.com) – The Iraqi Minister of Finance, Taif Sami, confirmed on Monday that the government had developed plans to accelerate financial and banking reforms. Sami’s remarks took place during a meeting with the World Bank Country Director for the Middle East Department, Jean-Christophe Carret, the World Bank Country Manager and Special Representative in Iraq, Richard Abdulnour, and experts in the financial sector, according to a statement cited by the Iraqi News Agency (INA).

Executive Summary: In addition to the many challenges facing Iraq now, desertification is yet another formidable challenge that needs immediate attention. The seemingly unstoppable desert expansion is creeping up and taking over the fertile lands in Iraq in unprecedented speed! It is manifested in a dramatic shrinking of green cover and the losses of millions of trees an

West Qurna-2 has around 14 billion barrels of reserves in place. West Qurna 2 has long been able to produce a lot more than the 400,000 bpd it currently produces. Russian operator Lukoil has been receiving an exceptionally low remuneration rate per barrel. Changes in the stance of both Baghdad and Lukoil could mean that the original deal to boost production to at l

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