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.

Download PDF: saudi-arabias-economic-time-bomb-by-luay-al-khatteeb Time is a luxury that Saudi Arabia can no longer take for granted. It faces an economic time bomb, which, if not defused, will have severe and possibly irreversible effects both nationally and internationally. The 2014-2015 collapse in oil prices has slashed the Kingdom’s main source of revenue which makes 77

BAGHDAD — On Oct. 23, the Iraqi parliament’s agricultural committee reported that Iraq imports more than 75% of its vegetables and animal products. Meanwhile, agriculture experts conducted a study that they presented to the Cabinet on Oct. 22, calling for organizing agricultural licensing rounds to save the agricultural sector from its miserable situation and putting an end t

Uncovering innovation in unexpected places, the Bite.Tech team is breaking open Iraq’s budding tech entrepreneurship scene It might be surprising to know that the region of the Middle East has become a blossoming entrepreneurial and tech startup hub. From Jordan to Lebanon and Iran to Egypt, the region has made significant progress with innovation driving tech startup growth

Every Friday, Nasiriyah local, Mohammed, carries his heavy load of books to Somar Street in the central city. The 26-year-old and his friends try to get there early so they can secure a good spot and arrange the books before the street gest too crowded. The work is hard – especially carrying the books – and the rewards are not great but Mohammed, who has a degree in Arabic l

BAGHDAD — Severe drought is affecting agricultural lands across Iraq because of the low levels of river water. Iraqi officials have raised the alarm on the negative impact of the Turkish Ilisu Dam on the Tigris River, which is scheduled to be completed by the end of 2016. Iraqi Minister of Water Resources Hassan al-Janabi and other politicians have been vocal on this matter.

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