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).

The Great Lockdown The COVID-19 pandemic is inflicting high and rising human costs worldwide, and the necessary protection measures are severely impacting economic activity. As a result of the pandemic, the global economy is projected to contract sharply by –3 percent in 2020, much worse than during the 2008–09 financial crisis. In a baseline scenario--which assumes that the p

The Coronavirus outbreak is a sudden shock to the world that made and deepened economic crisis. However, an efficient government does not only increase its capacity to challenge the expected and unexpected events, it should rather be able to act fast. To discuss this, I will focus on water crisis in Iraq. In simple terms, economic shock refers to any imbalances bet

Over the past week or so, China has eased quarantine measures in Wuhan – the city in which the global coronavirus pandemic began – with the entire lockdown scheduled to end on 8 April. With China’s President Xi Jinpiang having visited the city just a few days ago, the industrial economy across China as a whole is back working and operating at levels even above the pre-coronavir

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