Iraqi Economists Network

شبكة الاقتصاديين العراقيين

Latest Economy News

Iraq urges Indian companies to participate in energy and infra projects: Envoy

Iraq urges Indian companies to participate in energy and infra projects: Envoy

Being one of the largest oil and LNG importer, India is looking at other countries to fulfill its demands. Being one of the largest oil and LNG importer, India is looking at other countries to fulfill its demands. Soon, Minister of Petroleum and Natural Gas Dharmendra Pradhan will be visiting Iraq to explore possibilities for increasing imports from that country. Fear of political unrest and lack of direct sea route, Indian businesses have kept away from Iraq since 2002. With the country limping back to normalcy, the bilateral trade between the two countries touching $ 19bn between 2017-18, Indian companies could play a major role in Iraq’s economy by joining various projects in infrastructure and commodities.
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Iranian Bank Opening 7 Branches in Iraq

Iranian Bank Opening 7 Branches in Iraq

TEHRAN (Tasnim) – An Iranian private bank has been authorized by the Central Bank of Iraq to open seven branches in the Arab country, an official said. According to Chairman of Iranian Private Banks Institute Koorosh Parvizian, the Iranian private bank has already opened two of the seven branches in Iraq. He noted that opening of the new banks in the Arab country are part of plans to support Iran’s exports to the Iraqi market. Every new branch of the Iranian private bank has a capital of $50 million, Parvizian added.
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Iraqi PM ends China visit with flurry of agreement signings

Iraqi PM ends China visit with flurry of agreement signings

ERBIL, Kurdistan Region — Iraq’s Prime Minister Adil Abdul-Mahdi concluded his five-day trip to China with the signing of eight broad-ranging agreements on Monday in a bid to diversify ties between the two countries. Abdul-Mahdi was heading a delegation consisting of, among others, Iraqi ministers and provincial governors. On the fifth day of the visit, the Iraqi PM met with the Chinese President Xi Jinping and the Premiere of the State Council Li Keqiang. In the meeting, the two sides signed agreements in a variety of fields, including finance, trade, security, construction, communications, culture, education, and foreign affairs, according to a readout from the Iraqi PM’s office.
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Belarus ready to help rebuild Iraq economy

Belarus ready to help rebuild Iraq economy

September (BelTA) – Belarusian Minister of Foreign Affairs Vladimir Makei met with Senior Undersecretary of the Ministry of Foreign Affairs of Iraq Nizar Al-Khairalla, who is in Belarus on a working trip, the press service of the Belarusian Ministry of Foreign Affairs told BelTA. The sides exchanged opinions about topical items on the international agenda and the situation in the Middle East. Vladimir Makei underlined Belarus' commitment to principles of international law and the importance of promoting peaceful initiatives and a political dialogue for the sake of stabilizing the situation and restoring peace in the region.
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Getting Reconstruction Right and Wrong: Lessons from Iraq. By Hideki Matsunaga

Bitter experiences of reconstruction in the last two decades have made the international community hesitant to engage in robust reconstruction activities. Iraq’s reconstruction after the United States-led invasion in 2003 contributed significantly to this reluctance. Between 2003 and 2014, more than $220 billion were spent on rebuilding the country. Despite the huge a

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Decentralization and its Discontents in Iraq. By Mike Fleet

Summary In Iraq the issue of decentralization tends to kick up a flurry of activity and discussion whenever Law 21 is amended or a governor attempts to create a new region. Otherwise though, federalism only draws attention as it relates to Baghdad-Kurdistan Regional Government (KRG) relations, oil revenue sharing, or both. However, while federalism rarely lends itself to mea

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Rebuilding Iraq: Prospects and Challenges. By Abbas Kadhim

Reconstruction in Iraq cannot be achieved without universal reconciliation, economic and education reform, and equitable application of the rule of law The deterioration of Iraqi infrastructure predates the U.S. invasion of 2003. The Iran–Iraq War (1980–88) forced the regime to divert most available resources to military-related spending and cut back on new projects. As a resu

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The Iraqi National Economy

Getting Reconstruction Right and Wrong: Lessons from Iraq.
Bitter experiences of reconstruction in the last two decades have made the
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Rebuilding Iraq: Prospects and Challenges. By Abbas Kadhim
Reconstruction in Iraq cannot be achieved without universal reconciliation, economic and education
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World Bank: Iraq Economic Monitor Toward Reconstruction, Economic
With a Special Focus on Transition to Poverty Targeted Cash Transfer System
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Oil & Gas Policy

Iraqi Oil: industry evolution and short and medium-term
Iraq has been a key contributor to OPEC liquids growth, with IOCs
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IEN Participates on Iraq Petroleum 2019 as Media
Iraq Petroleum 27–28 June 2019 | London, UK Iraq’s Leading Discussion About Its
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Iraq could see new revenues from its troubled
Iraq may be on the cusp of a revenue windfall after losing
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Iraq’s Kurds Add Capacity to Oil Pipeline to
Iraq’s semi-autonomous Kurds upgraded their oil export pipeline to accommodate future production
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