Joint statement by the Iraq Economic Contact Group

The UK and Japan co-hosted a meeting on economic reform and climate action in Iraq at the Annual Meetings of the IMF and the World Bank Group The Iraq Economic Contact Group (IECG) met today with Iraqi representatives in Washington DC. Representatives from Iraq, the World Bank, International Monetary Fund (IMF) and G7 discussed Iraq’s economic challenges and opportunities an

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Iraq PM-elect Al Sudani vows to curb corruption after $2.5bn embezzlement case

Integrity commission announces investigation into theft of 3.7 trillion Iraqi dinars from tax authority Iraq's PM-designate Mohammed Shia Al Sudani speaks to an official in the capital Baghdad after being tasked to form a new government. AFP Ismaeel Naar | Sinan Mahmoud Iraq’s prime minister-designate Mohammed Shia Al Sudani vowed on Sunday to act against corruption

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UN warns against dangers of Iraqi political crisis, foreign intervention

Hennis-Plasschaert stressed that there are solutions, but for any of them to be adopted, Iraq’s leaders must start talking and be willing to compromise. UNITED NATIONS, New York- The UN special envoy for Iraq warned Tuesday that the situation in the country remains “highly volatile” nearly a year after last October’s elections failed to form a government, saying all sides

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OPEC oil output in Sept hits highest since 2020 – survey

By Alex Lawler Summary OPEC output rises 210,000 bpd from August Quota-bound members undershoot Sept target by 1.32 million bpd Libya, Saudi Arabia, Nigeria lead output increases Output by country LONDON, Sept 30 Reuters) - OPEC oil output rose in September to its highest since 2020, surpassing a pledged hike for the month, after production in Libya reco

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Iraq oil minister: OPEC monitoring oil prices, seeks market balance

Sept 26 (Reuters) - Iraq Oil Minister Ihsan Abdul Jabbar on Monday said the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, known as OPEC+, are monitoring the oil price situation, wanting to have a balance in the markets. "We don't want a sharp increase in oil prices or a collapse," he said in a televised interview on s

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