Q&A: Deputy Prime Minister and Finance Minister Ali Allawi
Iraq's top economic and energy leader discusses OPEC policy, forward oil sales, gas projects, economic reforms, and more.Iraqi Finance Minister and Deputy Prime Minister for Economic Affairs Ali Allawi in his office on Feb. 4, 2021. (LIZZIE PORTER/Iraq Oil Report)
BAGHDAD - Despite a rise in oil prices that has recently eased some of the immediate pressure on Iraq’s finances, the country continues to face a deep economic crisis, with the government struggling to meet its spending commitments while adhering to oil production cuts imposed by OPEC-plus.
The man in charge of this balancing act is Ali Allawi. Not only does he lead the Finance Ministry, but as deputy prime minister he also has overarching responsibility for the energy portfolio.
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