Iraq’s economy continued its recovery after the sharp, pandemic-induced recession in 2020 but growth constraints in the oil sector have reemerged. After moderating in 2022, consumer price inflation ticked...
Iraq’s economy is rebounding thanks to rising oil output and a recovery in domestic economic activity after the pandemic. Higher government oil revenues, driven by increased export prices and quantities...
Iraq’s economy is gradually emerging from the deep recession caused by the pandemic and the plunge in oil prices in 2020. Higher oil revenues pushed Iraq’s overall fiscal and external balances into a surplus...
Recognizing the severity of the crisis, the GoI devised a national reform plan (the white paper) that sets out a old blueprint of structural reforms to achieve sustainable medium-term growth through economic...
Decades of political, economic and security shocks have shaped major structural imbalances in Iraq's economy, reinforcing Iraq's current fragility trap. Iraq remains as one of the most oil dependent countries...
Iraq, once again, is facing a combination of acute shocks which the country is ill-prepared tomanage. The collapse in oil prices has considerably reduced budgetary revenues and reversed the fiscal surpluses...
Iraq’s economy is gradually rebounding in 2019. GDP grew at 4.8 percent year on year in the first half of 2019, reversing the contraction observed in the past two years. Growth comes mainly at the back...
The economies of the GCC recovered in 2018 despite signs of weakness in the global economic outlook, reinforcing the perception that GCC economies' fortunes are still inextricably tied to oil. Global growth...
Iraq’s overall security situation has notably improved after the defeat of ISIS, but significant challenges lie ahead. Iraq has witnessed major political and security transitions in 2017 when Prime Minister...
The Iraq Economic Monitor provides an update on key economic developments and policies over the previous six months and presents findings from recent World Bank work on Iraq, placing them in a longer-term...
The Arab Spring protest marked the beginning of a new era in the Syrian Arab Republic in 2011. Minor public protests began almost immediately after the initial protests in Cairo in January 2011. The first...
The Arab Spring protest marked the beginning of a new era in the Syrian Arab Republic in 2011. Minor public protests began almost immediately after the initial protests in Cairo in January 2011. The first...
The Arab Spring protest marked the beginning of a new era in the Syrian Arab Republic in 2011. Minor public protests began almost immediately after the initial protests in Cairo in January 2011. The first...
The Arab Spring protest marked the beginning of a new era in the Syrian Arab Republic in 2011. Minor public protests began almost immediately after the initial protests in Cairo in January 2011. The first...