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.

In Iraq, Canada has taken the lead in getting the lights on, the water running and the children back in school—’These kids need to believe in their future’ To continue reading please download PDF. Click on the following link Why Canada has a major role to play in rebuilding Iraq. By Sally Armstrong

AFC is overweight on Iraq’s financial stocks Hong Kong-based fund management company Asia Frontier Capital (AFC) has been actively tracking Iraqi equities since June 2015 when they launched the AFC Iraq Fund. As of January 2017, the fund is overweight the financial sector which commands a good 58.1% portfolio allocation. Consumer staples stand second with a 23.3% weighting.

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Actions like the travel ban on Iraqis could have the unintended effect of derailing the U.S. alliance with Baghdad -- an outcome that would benefit Iran, the Islamic State, and no one else. The first few weeks of Donald Trump's presidency have been a political roller coaster for Iraq. On Jan. 21, the newly minted commander in chief raised his oft-repeated mantra that the Un

The Iraqi government is warning that a pair of pending deals with General Electric could be at risk from President Donald Trump's travel ban, according to internal State Department documents. The industrial conglomerate, which builds everything from nuclear reactors to aircraft engines, already has sizable interests in Iraq, including power contracts worth more than a billio

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