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.

Two decades ago, the United States assisted the Iraqi people in overthrowing the dictatorial regime of Saddam Hussein and laying the foundations for a democratic system. It enabled Iraqis to taste freedom for the "first time, eliminating the oppression and the misuse of resources that had caused problems not only for my country but also for the region more broadly. Since the

To move beyond the years-long focus on Iran and the Islamic State, both leaders must commit to actions that set the table for a mutually beneficial relationship and convince skeptical domestic constituencies. When Mohammed Shia al-Sudani makes his first visit to Washington as Iraq’s prime minister on April 15, the stakes will be high for him and President Biden alike. Sudani

Iraqi Prime Minister Sudani's White House visit will discuss US forces in Iraq, sanctions, and bilateral relations. Amid pro-Iranian pressures, the visit seeks to balance diplomatic and economic interests with the US, highlighting the complex US-Iraq dynamics and regional geopolitical implications. Iraqi Prime Minister Mohamed Shia Sudani will lead a prominent delegation to

Iraqi Kurdistan was once seen as a beacon of promise in the troubled country, but things have changed in recent years. Corruption and a disregard for rule of law are worrying for prospective international investors who are now avoiding Kurdistan, writes Dr. Joel Ruet. Iraq’s semi–autonomous Kurdistan Region, which was once seen as a beacon of prosperity and promise in the tr

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