December 3, 2021 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. The economy is recovering from last year’s sharp contraction, helped by higher oil price
Read MoreBAGHDAD, 01 November 2021 – Children and young people in Iraq are the most at risk of the impacts of climate change especially water scarcity, threatening their health, education, and protection, and exposing them to deadly diseases. Ahead of COP26, UNICEF calls for urgent action to address water scarcity and its impact on children’s and young people’s lives in Iraq. Accordi
Read MoreRevenues came to $7.68bn in October Iraq has announced preliminary oil revenues of $7.68bn for October, up by 13 per cent from $6.78bn in September. The higher revenues were driven by higher global oil prices and came despite a decline in the volume of oil exported. In a statement, the Ministry of Oil said that 96,708,660 barrels of oil were exported in October via the
Read MoreBAGHDAD, Nov 1 (Reuters) - Iraq’s oil exports for October rose to 3.12 million barrels per day (bpd) from 3.081 million bpd in the previous month, the oil ministry said in a statement on Monday. Exports from Iraq's southern Basra terminals reached 3.012 million bpd during October, the ministry said. Shipments from Kirkuk through the Turkish port of Ceyhan averaged 98,000
Read MoreDUBAI, Nov 1 (Reuters) - The Iraqi government plans to sign energy contracts worth tens of billions of dollars with Saudi Arabia, the state newspaper Al-Sabaah reported on Monday, citing Iraqi Oil Minister Ihsan Abdul Jabbar. Baghdad is discussing a partnership with Saudi Aramco to explore and develop natural gas fields in Iraq's western desert, it said. The Iraqi governm
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