Permanent Representative Stresses Need to Ensure Independence, Sovereignty, Non-interference in Internal Affairs Iraq must immediately address the ongoing financial and economic crisis to build domestic resilience and prevent the country from becoming an arena for foreign‑Power rivalries, the top United Nations official in that country told the Security Council during a 24 Nov
Read MoreThe Iraqi Economists Network is pleased to invite you to attend our fourth webinar in cooperation with the World Bank. A representative of the World Bank will be presenting the new edition of Iraq Economic Monitor, This report is entitled: “Protecting Vulnerable Iraqis in the Time of a Pandemic, The Case for Urgent Stimulus and Economic Reforms” and special focus on “Impacts
Read MoreIntroduction Chairman Addison, thank you for your remarks. And thank you, Governors, Kristalina, and distinguished guests for joining us today. I wanted to provide an update on what the World Bank Group (WBG) has accomplished since last year’s Annual Meetings, particularly our response to COVID-19 and progress made on debt transparency. The COVID-19 pandemic’s toll has be
Read MoreAcknowledgement This study was prepared by a multidisciplinary team led by Wael Mansour (Senior Economist) and Bledi Celiku (Senior Economist) under the guidance of Eric Le Borgne (Practice Manager). Contributing authors are as follows: Fragility and Diversified Growth: Stephan Massing (Senior Strategy and Operations Officer), Roland Lomme (Senior Governance Specialist
Read MoreThe Great Lockdown The COVID-19 pandemic is inflicting high and rising human costs worldwide, and the necessary protection measures are severely impacting economic activity. As a result of the pandemic, the global economy is projected to contract sharply by –3 percent in 2020, much worse than during the 2008–09 financial crisis. In a baseline scenario--which assumes that the p
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