Talk:Economy of Iraq

Iraq before the sanction
I noticed that the timeline for this article begins with Iraq's economy after the sanction. This article does not include information about Iraq's economy before te sanction It is in this regard paining a negative picture about the country where human civilization began. This is the main reason why this article is bias! — Preceding unsigned comment added by 75.32.237.87 (talk) 22:37, 14 April 2012 (UTC)

should the field name Majnoon instead of Manjoon? http://en.wikipedia.org/wiki/Majnoon_oil_field —Preceding unsigned comment added by 205.185.127.193 (talk) 04:51, 21 March 2011 (UTC)

Does G$ stand for gigadollars? yes If so, it would probably be clearer just to use billion dollars instead. If not, what is it?

I believe Saddam nationalized the oil industry some years back. Are the three companies mentioned the same companies that were sent packing back then. I remember before the war started that some oil execs were on TV and they mentioned the exact %s that each were going to get once Saddam was defeated. How did they now - long before their was a new Oil Ministry.

-Why is it, that the article on Saddam Hussein mentions major improvement of the Iraqi economy during the beginning of Saddam's rule and that this article says almost nothing about the Iraqi economy before 1980? Is this to mislead those who read this article into believing that the Iraqi economy was in bad shape for Saddam's entire reign? I certainly hope not.80.114.26.224 08:29, 18 December 2006 (UTC)

I changed the summary to give some context to the GDP drop in the '80s. The previous posting had attributed their GDP decline to vague causes, saying their previous growth rate was was "unsustainable." This struck me as nonsense: a far more concrete cause of decline exists in the 8 year war fought during the period. The linked article has a section on the aftermath of the war, giving its own details on the economic effects of the war. If anyone finds my addition contentious, then a whole new sections should be added to explain the GDP movement in the '80's with its own independent citations. Hope that helps. —Preceding unsigned comment added by 99.232.52.149 (talk) 12:51, 22 August 2008 (UTC)

Current Oil Production
Given the current Iraq war, it's hard to believe that noone has updated the oil production section.

In particular, I think the world would like to know: 1. How much oil production is currently going on in Iraq? 2. Who is getting the revenue? Is it the Iraqi Government? Private Companies? Is it religious factions - Shiites, Sunnis (sp?), etc. 3. Where is it shipping to? Is it all going to the U.S.? Does any go through Iran? 4. What major projects are planned? 5. What role is the U.S. and their allies playing in all of this? Does the Allied force see any revenues or discounts in the oil? —Preceding unsigned comment added by 70.70.121.234 (talk) 08:32, 5 January 2008 (UTC)

Also, perhaps it would be beneficial to discuss: 1. The historical production of oil - and partnering countries. 2. What percentage of the total economy/GDP is/was through oil production. —Preceding unsigned comment added by 70.70.121.234 (talk) 08:36, 5 January 2008 (UTC)

Sanctions were cause or effect?
Furthermore, these lines are incredibly misleading. On the one hand it says that Iraq's oil industry was in disrepair because of the Bathist regime, and on the other that the lifting of sanctions allowed reconstruction to begin. Shouldn't this article follow a NPOV and explain that the economy was in disrepair because of A) Iran-Iraq war B) U.N. Sanctions? >>>However, long-term neglect and mismanagement of the petroleum industry by the Baathist regimes left the industry’s infrastructure in poor condition. The lifting of sanctions in 2003 allowed repairs to begin<<< Jack Mc. --69.95.133.31 (talk) 19:40, 25 November 2007 (UTC)
 * Sanctions were the effect of Saddam's maverick industrial and foreign policies. Iraq's nominal GDP has been falling almost continuously from 1980.Anwar (talk) 15:48, 16 December 2007 (UTC)

Question
What was the GDP of each province of Iraq in 1980? thanks

Economic Sanctions of the 90's
Why is it that this section repeats itself twice. The words are slightly different but the content is almost exactly the same. This section needs to be cleaned up.64.42.213.174 (talk) 00:40, 8 January 2008 (UTC)

The post 2003 GDP growth of Iraq does not belong in this section. Also, it needs to be cited. —Preceding unsigned comment added by 131.252.230.170 (talk) 22:26, 24 October 2010 (UTC)

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Saddam
This needs information on the Iraqi economy while Saddam Hussein was still head of government. All it has now is from the 1990s and on. —Preceding unsigned comment added by 190.222.32.29 (talk) 10:43, 7 May 2009 (UTC)

POV
I am inserting this tag because of several factual inaccuracies, uncited or improperly cited quotations (such as the "Opportunity Costs" section), and biased and/or out-of-date sources or information that favor one side over another (for example, 2006 GDP). I will try to be back and help fix things later. 70.143.27.125 (talk) 16:11, 9 February 2010 (UTC)
 * Please also mention the US invasion of Iraq in the lead section as it is the main reason behind the shape of Iraq's economy today. —Preceding unsigned comment added by 69.116.236.229 (talk) 20:45, 28 May 2010 (UTC)

Paragraph Repeat
The following paragraph is seen twice under the same Economic Sanctions Heading.

''Iraq's invasion of Kuwait in August 1990, subsequent international sanctions, and damage from military action by an international coalition beginning in January 1991 drastically reduced economic activity. Government policies of diverting income to key supporters of the regime while sustaining a large military and internal security force further impaired finances, leaving the average Iraqi citizen facing desperate hardships. Implementation of the UN oil-for-food program in December 1996 improved conditions for the average Iraqi citizen.[citation needed] Since 1999, Iraq was authorized to export unlimited quantities of oil to finance humanitarian needs including food, medicine, and infrastructure repair parts. Oil exports fluctuate as the regime alternately starts and stops exports, but, in general, oil exports have now reached three-quarters of their pre-Gulf War levels; per capital output and living standards remain well below pre-Gulf War levels.''

Javier456 (talk) 08:30, 30 April 2011 (UTC)

Impact of war vs IS?
A lot of ground has been lost and this must be having a bad impact. Though information on this seems unavailable at the moment i think it's worth mentioning the present state of affairs.

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 * Iraq Product Exports (2019).svg