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).

Geneva - More than 1.2 million Iraqis are still internally displaced persons (IDPs), despite military operations against the Islamic State organization (ISIS) ending nearly four years ago, a new Euro-Mediterranean Human Rights Monitor report said. Entitled “Exiled at Home”, the report documents the conditions of the internally displaced Iraqis on a humanitarian level. In add

Iraq has been buffeted by ill-winds over the past 40 years. Wars, sanctions, terrorism and domestic conflict have threatened its stability and the well-being of its citizens. But by far the most serious long-term threat the country faces is from the potential economic impact and environmental devastation of climate change. According to the UN Environment Programme, Iraq is t

Baghdad, May 27, 2021 – Oil price volatility and COVID-19 have increased Iraq’s economic woes and deepened existing economic and social fragilities. With global oil markets trends turning positive, the outlook for Iraq is set to improve. The new edition of the Iraq Economic Monitor for Spring 2021 titled “Seizing the Opportunity for Reforms and Managing Volatility” expects t

Economic integration in the Levant — in the form of a comprehensive free trade agreement (FTA) that eliminates tariffs, lowers investment and nontariff barriers, and waives visa requirements — could increase the average gross domestic product of the Levant nations by 3–7 percent. This economic expansion would likely create at least 0.7 million to 1.7 million additional new jobs

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