AKFA speakers at a seminar on Kurdistan Region's economic challenges and solutions at the University of Kurdistan Hewlêr (UKH), May 3, 2017. (Photo: UKH) ERBIL, Kurdistan Region (Kurdistan24) - At a seminar in Erbil the American-Kurdistan Friendship Association (AKFA) Wednesday assembled experts in a bid to search for answers to economic challenges the Kurdistan Region faces
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The KRG's independence referendum should be treated as a tactical bid to unify the Iraqi Kurds and strengthen their position toward Baghdad, but without jettisoning their gradualist approach. This fall, the Kurdistan Regional Government (KRG) plans to hold a referendum on independence that it says will start a process of secession from Iraq. Despite this clear declaration of
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The economic and financial situation in Iraq remains ever challenging, but improving oil prices and the IMF’s Stand-By Arrangement could place the country in an upward trajectory. Incessantly damaged by geopolitical tensions, the Iraqi economy is one that is has endured profound challenges it its journey to recovery. A faint light can however be seen at the end of th
Read MoreDisparities in Regional Incomes and Spending: Spatial economic interdependence in Iraq. By Ali Merza
Introduction[1] Present-day division of Iraq into, more or less, three seemingly separate parts (Kurdistan plus Kirkuk, Baghdad-to-Basra, and the ‘Upper Middle’; Nenawa, Salahuldin, Diala, and Anbar) hides long-enduring economic/financial interdependence. The financial interdependence shows in the fact that oil-producing governorates have been increasingly ‘financing’ (thr
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Type of Projects Oil and Gas projects as part of the energy projects in Iraq fall within the three standard categories generally known in the international oil industry as upstream, midstream and downstream type of projects. These include but are not limited to: · Drilling oil and gas wells · Laying flow lines trunk lines and distribution lines; · Buil
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