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.

FOREWORD In 2007, the Government of Iraq requested OECD support to help identify and support policy reforms through research, policy dialogue, and capacity building. Since then, the OECD Iraq Project has assisted the Iraqi government in a wide range of economic policy initiatives in the areas of infrastructure finance, developing and implementing economic zones, and public p

Saudi Arabia appointed an Ambassador to Iraq in December 2015, ending its 25 years of diplomatic boycott that followed the 1990 Iraqi invasion of Kuwait. Although the cause of the boycott, Saddam Hussein’s regime, was removed in 2003 at the hands of its American allies, Saudi Arabia resisted relentless efforts by the U.S. to restore its diplomatic relations with post-Saddam

BABIL, Iraq — As preparations continue to have Babylon recognized by the UNESCO World Heritage List in 2017, the city of Borsippa, which is 25 kilometers (15 miles) from the ruins of the ancient city of Babylon, is on the top of the list of archaeological sites that are most likely to be inscribed on the world list, as the city has not witnessed any construction changes beyon

Representatives of the Kurdistan Regional Government (K.R.G.) are currently in the process of shaping the information environment ahead of a desired referendum on Kurdish independence. Aside from a lobbying campaign strongly focused on Washington—the K.R.G. has spent more on lobbying in the United States than Pakistan—leaders have been making provocative statements regarding

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