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: Dream on hold - Despite a string of military successes, the Kurds are nowhere near independence PESHMERGA militiamen pile armchairs and sofas high on a removal van as they decamp from the dam above Mosul to the plain below. Mosul, Iraq’s second city and the nerve centre of Islamic State (IS), lies in their sights. Thanks to coalition arms, training and air powe

Iraq’s Kurds may be moving closer to statehood. But their progress towards democracy leaves much to be desired n the photo, Iraqi Kurdish policemen stand guard outside the United Nations offices in Erbil during a pro-independence demonstration on August 23, 2014. Photo credit: SAFIN HAMED/AFP/Getty Images “Independence and the right of self-determination is our sup

Since the overthrow of Saddam Hussein in 2003 and breakdown of the Iraqi state, ethno-sectarian partition has become a popular political mantra. The assumption is that a federal state based on three autonomous regions — Sunni Arab, Shiite Arab and Kurd — is the most realistic way to stabilize Iraq and keep its borders intact. This claim has revived alongside the devasta

BAGHDAD — The archaeological sites of Ur, Eridu and Uruk as well as the Iraqi marshlands are under consideration for UNESCO's World Heritage List. The decision will be made at the World Heritage Committee meeting to be held July 10-20 in Turkey, where the UNESCO member states will vote on adding new sites to World List. In anticipation of the event, President Fouad Masoum fo

The heir to the Saudi throne just pushed through a bold package of reforms designed to free the kingdom from oil addiction by 2030. Here’s why it could backfire, badly. The Saudi royal family has gambled its prestige on a bold economic reform plan, meant to revive an economy battered by sharply lower oil revenues. But the prescriptions of “Saudi Vision 2030” are fraught with

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