Tag Archives | Iraqi Federal Budget

Beyond Da’esh: An Inconvenient Truth

By Mark A. DeWeaver. Last week I had the pleasure of attending the American University of Iraq’s fifth annual Sulaimani Forum. This time the theme was “Beyond Da’esh: Ending the Cycle of Conflicts, Toward Durable Solutions.” Speakers included Iraqi Prime Minister Haider al-Abadi, KRG Deputy Prime Minister Qubad Talabani, Yezidi author and Da’esh survivor Fareeda […]

Will Govt Employees face more Wage Cuts in 2016?

By Mustafa Saadoun, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Plunging oil prices are now affecting ordinary civil servants’ salaries in Iraq. Al-Monitor met with an employee of the Ministry of Culture who, on condition of anonymity, shared his plan of submitting a […]

UN asks for $861m for Humanitarian Aid

The United Nations has appealed for $861 million to help Iraq meet a big funding gap in its 2016 emergency response to the humanitarian crisis: At a joint launch today in Baghdad, the Government of Iraq and the United Nations called for international help to respond to the growing humanitarian crisis in Iraq. Ten million […]

Iraq Agrees Monitoring Program for IMF Loan

An International Monetary Fund (IMF) mission led by Christian Josz visited Amman from November 1–10, 2015 to discuss a Staff-Monitored Program (SMP) with the Iraqi authorities. At the end of the visit, Mr. Josz issued the following statement: “Iraq continues to face a number of challenges. Key among those is the ongoing armed conflict with […]

GDP Forecasters See 2015 Rebound

By Mark A. DeWeaver. Last month Barcelona-based economics consultancy FocusEconomics launched an interesting new product—a survey of professional forecasters for the Middle East and North Africa (MENA) region. The section on the Iraqi economy is particularly useful given the lack of attention this subject normally receives. It includes consensus projections for 25 macro variables going […]

Zebari Presents "Real" 2015 Budget

By John Lee. Iraqi Finance Minister Hoshyar Zebari (pictured) has taken a brutally realistic stance on the passing of Iraq's 2015 budget, Reuters reports. Zebari has previously been frank about the challenges Iraq faces and the war economy situation the country is now in. The Finance Minister noted how, "The strategy was to present a real budget - […]

Budget Delay Continues

By John Lee. The following article was published by Reidar Visser, an historian of Iraq educated at the University of Oxford. It is reproduced here with the author’s permission. The opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Until now the struggle over the 2014 Iraqi budget […]