Iraqi Economists Network

Iraq to produce 7 million tons of wheat this season

Baghdad (IraqiNews.com) – The Iraqi Minister of Agriculture, Abbas Al-Maliki, said on Wednesday that Iraq is expected to produce seven million tons of wheat during the current season. Al-Maliki’s remarks took place during his meeting with the British Prime Minister’s Trade Envoy to Iraq and President of the Iraq Britain Business Council (IBBC), as well as a group of researchers, academics, and specialists in the field of agriculture in the British capital, London, according to a statement issued by the Ministry of Agriculture.

International firms compete for 30 energy projects in Iraq

Baghdad (IraqiNews.com) – In its effort to boost the national economy and attract foreign investments, the Iraqi Ministry of Oil revealed a new round of oil exploration and production licenses, aiming to attract international energy companies to carry out 30 strategic projects in various areas of Iraq. International companies taking part in Iraq’s oil and gas sector withdrew due to security, political, and technical challenges; however, the Iraqi government seeks to stimulate this sector and re-attract investments by providing a suitable investment environment and encouraging strategic partnerships with major companies.

Turkish exports to Iraq expected to reach $16 billion in 2024

Shafaq News/ The chairman of the International Association of Industrialists and Businessmen in Turkiye and Iraq, Nawaf Kalij, disclosed on Saturday that Turkiye's exports to Iraq surpassed $25 billion over the past two years, with a potential to reach $16 billion in 2024. Kalij explained to Shafaq News Agency the "diligent efforts of Turkish businessmen to expand foreign trade with Iraq," considering Iraq, a key importer of Turkish products "known for their superior quality and high demand in the Iraqi commercial market."

Iraq, Turkey to elevate security, economic ties after Erdogan visit

BAGHDAD, April 22 (Reuters) - Turkish President Tayyip Erdogan said relations with Iraq were entering a new phase after the neighbours agreed to cooperate against Kurdish militants, boost economic ties via a new trade corridor and consider Iraq's needs for access to scarce water. Erdogan was in Iraq on a long-awaited visit, the first by a Turkish leader since 2011, following years of strained relations as Ankara ramped up cross-border operations against PKK militants based in mountainous, mainly Kurdish northern Iraq.

The coronavirus disease (COVID-19) pandemic continues to sweep across the region, though countries are cautiously proceeding with reopening. The necessary public health response to the pandemic has greatly decreased mobility and has come at a steep economic cost. As a result, real GDP in the region is projected to fall by 4.1 percent in 2020. This contraction is 1.3 percentage

Introduction by the Chairman of the Authors and Technical Committee Iraq seeks to preserve its cultural significance and keep up the world’s progress through hard work to build a better future. The Sustainable Development Goals 2030 is the starting point of the Iraq vision implementation. All of that requires real efforts to achieve Iraq’s dream in restoring its great his

In his recent article “Iraq’s Government Investments: Between Ambitions and Stumbling,” Dr. Mudhr Mohammed Salih, former Deputy Governor of the Iraqi Central Bank and financial adviser of the Iraqi Government, fairly described the political and administrative dynamics that prevent investment in infrastructure; basically showing how endemic corruption, institutional limitations,