Acknowledgments The Middle East and Central Asia Regional Economic Outlook (REO) Update is prepared each spring by the IMF’s Middle East and Central Asia Department (MCD). The analysis and projections contained in the MCD REO are integral elements of the department’s surveillance of economic developments and policies in member countries. It draws primarily on information gat
Read MoreBaghdad is most at risk from the global transition to net-zero by the middle of the century Iraq's deputy prime minister and finance minister Ali Allawi called on the international community to help rentier economies such as Iraq through funding and transfer of knowledge to combat climate change. AFP Iraq, Opec's second-largest producer, plans to inves
Read MoreThird year of drought forces Iraq to cut crop area in half Adverse weather sent global wheat prices near multiyear high A dried up river bed in the al-Huwaiza Marshes south of Baghdad in September., Photographer: Asaad Niazi/AFP/Getty Images A third straight year of drought is forcing Iraq to cut its crop area in half, another example of how extreme weather caused b
Read MoreIraq’s Elections Are Over. Now What? By Rand Al-Rahim* Iraq’s fifth parliamentary election since the 2003 US invasion is procedurally over. The polling stations have closed, but the fight over the results has just begun. The situation is still in flux. A week after election day, the Independent High Electoral Commission (IHEC) is still checking ballots and receiving compl
Read MoreThe often-hazardous two-year struggle that led to this vote has left many of the youth movement’s most ardent supporters disillusioned with the electoral process entirely, so Washington will have to narrow its focus. When Iraqis head to the polls for an early election on October 10, they will have the Tishrin protest movement to thank. Unfortunately, large portions of the mo
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