Latest Iraqi Business News
21st November 2024 in Iraq Industry & Trade News. By John Lee. KRG Prime Minister Masrour Barzani recently received a delegation from the United States-Kurdistan Business Council (USKBC), led by its President, David Tafuri. The KRG said in a statement: "David Tafuri congratulated the Kurdistan Region for holding a successful and democratic ...
IMF: Fiscal Expansion to Boost Growth in Iraq (FULL REPORT)
By John Lee. The International Monetary Fund (IMF) has issued a detailed report on the Iraqi economy.. The following key points were highlighted: Improved Domestic Stability: Since the new government took office in October 2022, Iraq has experienced improved domestic stability. This facilitated the passage of its first three-year budget, which …
Iraq Oil & Gas News | Iraq Business News
8th November 2024 in Iraq Oil & Gas News. By John Lee. On Thursday, DNO, the Norwegian oil and gas operator, reported a 24-percent increase in revenue to USD 170 million in the third quarter of 2024, with operating profit also higher at USD 31 million, up from an operating loss of USD 3 million in the previous quarter.
IMF: Iraq Economic Growth "to Continue amid Fiscal Expansion"
2024年3月5日 · Some key data from their report: Economic Growth: Non-oil GDP growth: 6% in 2023. Overall growth projected to rebound in 2024. Inflation: Declined from 7.5% in January 2023 to 4% by year-end. Fiscal Position: Deficit: 1.3% of GDP in 2023, down from a surplus of 10.8% in 2022. Projected deficit for 2024: 7.6% of GDP.
Iraqi Market Review: "Continued Momentum" - Iraq Business …
2021年11月8日 · The World Bank, in its latest economic update on October 21 st, reported that in the first half of 2021 (H1/2021) non-oil GDP expanded by over 21% over H1/2020. This recovery can be seen from Google's mobility data (chart below), which also suggests a continuation of a recovery in non-oil GDP in the second half of the year - although the year ...
Iraq Industry & Trade News - Iraq Business News
7th November 2024 in Iraq Industry & Trade News, Politics. Iraq Business News Expert Blogger, Ahmed Tabaqchali, has just published his thoughts on Iraq's budget, for the Atlantic Council. Delving beneath the surface of Iraq's budget framework, he uncovers how the 2024 tables both mirror and diverge from their 2023 counterparts.
Iraq | Iraq Business News
2024年10月29日 · Iraq to Grow by 4.1 percent in 2025. 28th October 2024 in Iraq Industry & Trade News. By John Lee. According to the recently-published World Economic Outlook from the International Monetary Fund (IMF), Iraq's economy is forecast to grow by 4.1 percent in 2025, up from 0.1 percent this year. A rate of 4.2 percent is projected for 2029.
Iraq's Development Road may link with China's Belt and Road
2024年6月12日 · The Prime Minister suggested linking China's Belt and Road Initiative with Iraq's Development Road project, which CNPC expressed willingness to cooperate on. Iraq is open to partnering with CNPC on petrochemical projects abroad. Environmental standards and providing an attractive investment environment were emphasised, including establishing ...
Iraq | Iraq Business News
2024年11月17日 · Baghdad Discusses Resuming Oil Exports from Iraqi Kurdistan. 14th November 2024 in Iraq Oil & Gas News. By John Lee. Iraq's Minister of Oil, Hayan Abdul-Ghani, has met with members of the Parliamentary Finance Committee, led by Chairman Atwan Al-Atwani, to discuss resuming oil exports from the Kurdistan …
Iraq's Economic Outlook "looks Bright" - Iraq Business News
2023年1月18日 · By John Lee. The Founder and Chairperson of Iraqi stockbroker Rabee Securities has said that he is optimistic for the year ahead in Iraq. Shwan Ibrahim Taha told TradeArabia: "I am optimistic about Iraq's outlook; we will witness a gradual increase in production to reach five million barrels by 2028. Any significant downside in oil prices could ...