Iraqi economy

Iraqis panic as leaked budget draft signals devaluation
Middle East

Iraqis panic as leaked budget draft signals devaluation

BAGHDAD (AP) — A leaked draft of Iraq’s state budget sent Iraqis into a panic on Thursday as it confirmed…
Iraqi minister’s downfall hurts prospect for financial bailout
Middle East

Iraqi minister’s downfall hurts prospect for financial bailout

Last week's dismissal of Iraqi Finance Minister Hoshiyar Zebari, the latest convulsion in Baghdad's increasingly unstable politics, risks delaying billions…
Iraq, oil companies agree to restart investment, boost output
Business

Iraq, oil companies agree to restart investment, boost output

Iraq has reached agreement with BP, Shell and Lukoil to restart stalled investment in oil fields the firms are developing,…
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