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.

Baghdad announces commitment to nationwide census date

Baghdad (IraqiNews.com) – The Iraqi Minister of Planning, Mohammed Tamim, said on Sunday that the population census will take place on November 20, 2024, as planned. Tamim mentioned in a statement that he met with officials in the Planning Ministry, where he reviewed the stages of work and the progress made in field procedures and requirements to complete the population census.

Iraq, Opec’s second-largest producer, is in talks with the international oil majors operating in the country to help boost its crude production capacity to about 8 million barrels per day, the country’s oil minister said on Wednesday. Ihsan Ismail also said Baghdad considered oil trading between $75-$80 per barrel range as a “fair price for both producers and consumers”.

Baghdad, September 21, 2021 – A new plan to remove constraints and create more economic opportunities for women was launched today by the government of Iraq, with support from the World Bank Group. The Women’s Economic Empowerment Plan for 2021-2022 outlines the government’s priorities in line with its reform program. The plan follows extensive consultations with key stakeho

This article is more than 1 month old To meet climate targets and avoid economic collapse, countries such as Iraq need international support in the transition to clean energy Ali Allawi is deputy prime minister and finance minister of Iraq. Fatih Birol is executive director of the International Energy Agency In the Middle East and north Africa, global warming

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