IRAQI DINAR POLITICS & ECONOMY

Coordination framework: More than one candidate will be nominated for the remaining portfolios, and a decision will be made after Eid.

Coordination framework: More than one candidate will be nominated for the remaining portfolios, and a decision will be made after Eid.

5-27-2026

Information/Baghdad..
Coordination Framework member Uday Abdul-Hadi confirmed on Wednesday that the proposal of more than one candidate for the remaining ministerial portfolios is on the table and will be decided during an important meeting to be held after the end of the Eid al-Adha holiday.

Abdul-Hadi told Al-Maalomah that “the remaining ministerial portfolios, including sovereign ministries, will be agreed upon according to their files after Read more…

Political warnings about the repercussions of dollar fluctuations…and the absence of economic strategies threatens the livelihoods of vulnerable groups

Political warnings about the repercussions of dollar fluctuations…and the absence of economic strategies threatens the livelihoods of vulnerable groups

5-27-2026

Information/Report..
Political and popular concerns are escalating in Iraq as the dollar exchange rate continues to fluctuate, amid criticism of the lack of comprehensive economic reform plans and the near-total reliance on oil revenues compared to weak support for productive sectors, which has negatively impacted the living conditions of citizens and disrupted local markets.

In this regard, former MP Mahma Khalil confirmed in a statement to Al-Maalomah News Agency that “previous and current governments have failed to build a coherent economic policy Read more…

Exclusive: Al-Zaydi’s government opens the “frozen funds” file to integrate factions: The decision rests with Washington.

Exclusive: Al-Zaydi’s government opens the “frozen funds” file to integrate factions: The decision rests with Washington.

2026-05-27

Shafaq News – Baghdad
An informed source revealed on Tuesday that the government of Ali al-Zaidi intends to address Washington to release part of Iraq’s frozen funds in some international banks to cover the allocations for the elements of the factions that will be integrated into the directorates of the Popular Mobilization Forces and some security and military ministries.

According to the source, who spoke to Shafaq News Agency, integrating the members of the armed factions who agreed to hand over their weapons to the government and join the government institution requires large financial Read more…

Al-Hakim renews his support for the Al-Zidi government and calls for confronting the economic challenges in Iraq.

Al-Hakim renews his support for the Al-Zidi government and calls for confronting the economic challenges in Iraq.

2026-05-27

Shafaq News – Baghdad
On Wednesday, Ammar al-Hakim, leader of the National State Coalition Forces, renewed his support for the current Iraqi government headed by Prime Minister Ali al-Zubaidi, calling for the development of economic plans to address the financial challenges facing the country.

In his Eid prayer sermon in Baghdad, Al-Hakim said that the region and the world are witnessing rapid political, economic and security transformations, and that Iraq today faces Read more…

US report: Iraq may need 4 months to restore most of its oil production after the war

US report: Iraq may need 4 months to restore most of its oil production after the war

2026-05-27

Shafaq News – Follow-up
S&P Global estimated that Iraq and other oil-producing countries in the Middle East may need about four months to restore nearly 80% of the oil production levels recorded in February 2026, following the disruptions caused by the war in the region and the disruption of exports through the Strait of Hormuz.

The corporation stated in a report, which was followed by Shafaq News Agency, that Iraq was among the countries that reduced its production during the early stages of the conflict as a result of storage restrictions and export Read more…

Al-Sadr announces the separation of the “Peace Brigades” from his movement and the joining of its members to the state.

Al-Sadr announces the separation of the “Peace Brigades” from his movement and the joining of its members to the state.

2026-05-27

Shafaq News – Najaf
On Wednesday, the leader of the Shiite National Movement, Muqtada al-Sadr, announced the separation of the “Peace Brigades” from the movement and the joining of its members to the state, while calling on the “Popular Mobilization Forces” to separate from “partisan and sectarian” orders.

Al-Sadr said in a statement, which was received by Shafaq News Agency, that “the decision came from the general interest of the nation, and in line with the dangers surrounding the nation.” Read more…

Al-Zaydi welcomes the joining of “Saraya al-Salam” to the state and calls on factions to follow the same path

Al-Zaydi welcomes the joining of “Saraya al-Salam” to the state and calls on factions to follow the same path

2026-05-27

Shafaq News – Baghdad
On Wednesday, Prime Minister and Commander-in-Chief of the Armed Forces Ali Faleh al-Zaidi praised the position announced by the leader of the Shiite National Movement, Muqtada al-Sadr, which included the integration of the Saraya al-Salam formations into the state and placing them under the command of the Commander-in-Chief of the Armed Forces.

Al-Zaydi said in a statement received by Shafaq News Agency that this step represents “an important path to strengthening internal stability, consolidating the principle of restricting weapons to the state, and supporting Read more…

Al-Saadawi: Addressing the monetary crisis cannot be achieved by raising the exchange rate.

Al-Saadawi: Addressing the monetary crisis cannot be achieved by raising the exchange rate.

5-26-2026

Information/Special..
MP Abdul Hadi Al-Saadawi confirmed on Tuesday that addressing the monetary and economic situation in Iraq requires a comprehensive package of government measures, indicating that raising the exchange rate alone is not enough to achieve financial stability.

Al-Saadawi told Al-Maalouma News Agency, “Addressing the economic crisis must begin with clear government steps, not just by adjusting or raising the exchange rate, but by controlling the Read more…

Saleh’s statement: Joining the Maritime Aid Organization enhances confidence in Iraqi ports.

Saleh’s statement: Joining the Maritime Aid Organization enhances confidence in Iraqi ports.

2026/05/26

The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed on Tuesday that Iraq’s accession to the agreement establishing the International Maritime Aid Organization enhances investors’ confidence in Iraqi ports and reduces transportation costs, noting that the step of joining the international organization supports the development of the Faw port and the diversification of the Iraqi economy.
Saleh said in a press statement followed by Al-Furat News that “this joining is not limited to being a technical or organizational procedure, but it carries Read more…

Al-Gharibawi: It is truly astonishing that an oil-rich country does not own a single tanker for its exports!

Al-Gharibawi: It is truly astonishing that an oil-rich country does not own a single tanker for its exports!

5-26-2026

Information / Special..
Former member of the parliamentary Oil and Gas Committee, Bassem Al-Gharibawi, raised questions on Monday regarding Iraq’s lack of a maritime fleet for transporting and exporting oil, and the country’s complete dependence on foreign companies.

Al-Gharibawi told Al-Maalouma that “Iran allowed Iraq to export its oil,” but “the lack of oil tankers prevented this,” holding previous governments “responsible for the failure to manage the oil file and the failure to allocate or purchase tankers Read more…

Maliki’s coalition: The remaining ministerial portfolios will be decided within days, and the nominated names have not changed.

Maliki’s coalition: The remaining ministerial portfolios will be decided within days, and the nominated names have not changed.

5-26-2026

Information / Baghdad…
Imran Karkoush, a member of the State of Law Coalition, confirmed on Tuesday that the next few days will witness the final decision on the remaining ministerial cabinet positions, noting that the current negotiations are still revolving around the same previous nominated names.

Karkoush told Al-Maalomah News Agency that “political activity is continuing among the various forces to reach a final agreement on the vacant portfolios,” noting that “the names nominated to take over these ministries are still the same ones that are Read more…

A member of parliament warns of impending inflation in the Iraqi economy and calls on the government to implement emergency plans.

A member of parliament warns of impending inflation in the Iraqi economy and calls on the government to implement emergency plans.

5-26-2026

Information / Baghdad…
MP Bassem Al-Gharabi warned on Tuesday of an impending wave of inflation looming over the Iraqi economy due to the financial mismanagement pursued by successive governments, calling on the new Prime Minister to adopt urgent plans to avert the crisis.

Al-Gharabi told Al-Maalouma that “the country’s almost total dependence on oil revenues and the fluctuation of their prices in global markets has caused clear confusion in the formulation of federal budgets in Iraq,” noting that “this one-sided rent has produced successive and cumulative Read more…

Al-Lami: Stopping gas flaring in Iraqi fields will be achieved by early 2027

Al-Lami: Stopping gas flaring in Iraqi fields will be achieved by early 2027

5-26-2026

The former member of the Parliamentary Energy Committee, Ali al-Lami, confirmed on Tuesday that halting gas flaring in Iraqi oil fields will become a tangible reality during the first quarter of 2027, provided the current pace of work continues.
Speaking to Al-Maalomah, al-Lami stated, “Stopping gas flaring in Iraqi oil fields is of paramount importance due to its significant environmental and health implications.” He pointed out that “this step will contribute to utilizing vast quantities of gas and transforming it into a vital economic resource Read more…

Sadiqoun: Re-nominating the rejected ministers is a flawed move, and the cabinet will be finalized after the Eid holiday.

Sadiqoun: Re-nominating the rejected ministers is a flawed move, and the cabinet will be finalized after the Eid holiday.

5-26-2026

Information / Special..
MP Mohammed Karim, from the Sadiqun bloc, revealed today, Tuesday, that there is a political agreement stipulating the completion of the ministerial cabinet of Prime Minister Ali al-Zidi’s government after the Eid al-Adha holiday.

Karim told Al-Maalouma that “the political forces are moving towards passing the remaining ministerial portfolios within Parliament,” describing “the insistence of some parties on putting forward the same names that did not gain confidence in the previous session as a shameful matter.” Read more…

Al-Zaydi criticizes the work of the Financial Control Bureau and directs the use of international companies.

Al-Zaydi criticizes the work of the Financial Control Bureau and directs the use of international companies.

2026-05-26

Shafaq News – Baghdad
On Monday, Prime Minister Ali al-Zaidi criticized the work of the Financial Control Bureau in Iraq, directing the formation of a central committee from the Ministry of Finance and the use of international companies to improve the work of the Bureau.

Al-Zaydi said in a recorded speech during a cabinet session, “The Financial Control Bureau is the most important oversight institution in Iraq, as well as in the region, and I have some observations about its work, because some documents Read more…

Iraq is gradually returning to the Indian market with its crude oil.

Iraq is gradually returning to the Indian market with its crude oil.

2026-05-26

Shafaq News – Baghdad
Trade data showed that India, the world’s third-largest oil importer, has turned to increasing its purchases of crude from Latin America and Africa after supplies from the Middle East were disrupted by military tensions and the closure of the Strait of Hormuz.

According to data from Kpler, India halted imports of Iraqi oil during April due to the crisis-related export stoppage, before resuming imports on a limited scale during May at around 41,000 barrels per day, a significant Read more…

1400 trucks daily prompt Anbar to demand the opening of Trebil 24 hours a day

1400 trucks daily prompt Anbar to demand the opening of Trebil 24 hours a day

2026-05-26

Shafaq News – Anbar
The mayor of Rutba district, Imad al-Rishawi, called on Tuesday for the Trebil border crossing to be opened 24 hours a day, stressing that the crossing is witnessing an increasing momentum in trade exchange, with about 1,400 trucks passing through daily.

Al-Rishawi told Shafaq News Agency that “the Trebil border crossing has recently witnessed active import and export activity, with hundreds of trucks loaded with various goods entering and Read more…

Al-Zaydi calls on Christian businessmen abroad to return to Iraq

Al-Zaydi calls on Christian businessmen abroad to return to Iraq

2026-05-26

Shafaq News – Baghdad
Prime Minister Ali al-Zaidi called on Christian businessmen abroad on Tuesday to return to Iraq and contribute to development.

His media office said in a statement received by Shafaq News Agency that Al-Zaidi today visited St. Joseph’s Church in the Mansour district of Baghdad, where he met with His Beatitude Patriarch Younan III Nona.

During the visit, Al-Zaydi congratulated the Patriarch on gaining the Pope’s trust and assuming the patriarchal Read more…

Kurdistan Finance Ministry: Baghdad cut 80 billion dinars, and the funding is insufficient to cover salaries.

Kurdistan Finance Ministry: Baghdad cut 80 billion dinars, and the funding is insufficient to cover salaries.

2026-05-26

Shafaq News – Erbil
The Ministry of Finance and Economy of the Kurdistan Regional Government announced on Tuesday that it had deposited 50 billion dinars into the account of the Federal Ministry of Finance as a payment of half of the non-oil revenues for the month of May, stressing that Baghdad had sent funding less than the amount required to cover the salaries of the region’s employees by more than 80 billion dinars.

The ministry stated in a statement received by Shafaq News Agency that the regional government sent, at the end Read more…

“A secret pipeline 500 meters long”… A crude oil theft operation foiled in Basra

“A secret pipeline 500 meters long”… A crude oil theft operation foiled in Basra

2026-05-26

Shafaq News – Basra
The National Security Service announced on Tuesday that it had thwarted an organized attempt to smuggle crude oil in Basra Governorate, through an oil breach that included laying a secret pipe more than 500 meters long connected to the main pipeline.

The agency stated in a statement received by Shafaq News Agency that “its detachments in Basra, after intelligence follow-up and obtaining judicial approvals, were able to seize a crude oil Read more…