AGP Executive Report
Last update: 3 hours agoIMF Support: The IMF is preparing a new lending program with Iraq as war-related disruption to oil exports deepens fiscal pressure. It forecasts the economy will shrink 16% in 2026, with limited non-oil revenue adding to the strain. Oil Exports: Baghdad and Damascus are discussing revival of the Kirkuk–Baniyas pipeline, which could carry up to 2 million barrels a day, alongside new trade corridors. Infrastructure: Mosul Airport’s technical and contract requirements are ready for cabinet approval, clearing a step toward choosing an international operator. Accountability: Two politicians received prison sentences and repayment orders over refinery-company contracts, part of the government’s anti-corruption drive. Trade and Investment: Iraq and Jordan signed nine cooperation agreements, while Iraq outlined plans to expand the Development Road project in 2027 and promote investment opportunities in Amman.
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