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.

POLITICAL STABILITY: Iraq is experiencing an unusual period of relative calm domestically after almost two decades of turmoil, characterised by a notable decrease in political violence and the formation of a comparatively cohesive government led by the prime minister, Mohammed Shia al-Sudani, in October 2022. With support from a majority of parliamentary factions led by the

The U.S. has for years been giving Iraq tens of billions of dollars to help with its finances on the specific condition that the country reduces its imports of gas and electricity from Iran eventually to zero. Iran has wielded enormous power over Iraq for a very long time indeed through its various political, economic, and military proxies. Iraq will pay with its own

The 750-mile Development Road project is primarily devised for trade but could soon take passengers, claims the country's new prime minister Passengers in Baghdad prepare to board a train to Basra, the only passenger rail service currently operational in Iraq CREDIT: NYTNS It sounds like a scene plucked from the pages of an old romance novel: hop on a

This article will shed light partially on one of the most vital and critical life sectors in Iraq, trying to elaborate on its present status, what progress yet achieved, in addition to what are the futuristic requirements of the Iraqi health sector. Introduction: Iraq considered one of the well – known countries for its quality of medical education around the wo

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