IRAQI DINAR POLITICS & ECONOMY

Winner: The coordinating framework agreed on a mechanism for selecting the prime minister but did not decide on a name.

Winner: The coordinating framework agreed on a mechanism for selecting the prime minister but did not decide on a name.

1-6-2026

The head of the Tasmeem parliamentary bloc, Amer al-Fayez, confirmed on Tuesday that the coordination framework agreed during its meeting on a mechanism for selecting the prime minister. He indicated that meetings will intensify in the coming days to reach a final result soon.
Al-Fayez told Al-Maalomah, “The initial mechanism for selecting the prime minister has not yet determined the candidate’s name, and the race remains open between Haider al-Abadi, Nouri al-Maliki, and Mohammed Shia al-Sudani, in addition to six other candidates.” He explained Read more…

Al-Abadi’s coalition: The framework will not reveal the government candidate until after the election of the president of the republic.

Al-Abadi’s coalition: The framework will not reveal the government candidate until after the election of the president of the republic.

1-6-2026

Al-Maalomah/Baghdad –
Salam al-Zubaidi, a leader in the Victory Alliance, confirmed on Tuesday that discussions among the leaders of the Coordination Framework regarding the nomination of a candidate for the next prime minister are proceeding according to agreed-upon mechanisms and criteria, without any significant disagreements. He indicated that the Framework is close to reaching a comprehensive consensus Read more…

An economist says the dollar exchange rate will continue to rise for these reasons.

An economist says the dollar exchange rate will continue to rise for these reasons.

1-6-2026

Information/Baghdad –
Economic expert Diaa Mohsen confirmed on Tuesday that the rapid rise in the dollar exchange rate is due to a series of measures taken by the caretaker government, in addition to other financial and economic factors.
Mohsen told the Information Agency that “the dollar exchange rate reaching Read more…

Al-Bayati: The meeting between Maliki and Al-Sudani did not include any discussion of a second term.

Al-Bayati: The meeting between Maliki and Al-Sudani did not include any discussion of a second term.

1-6-2026

Information/Special..
Abbas Al-Bayati, a member of the State of Law Coalition, confirmed that the meeting that brought together the coalition leader Nouri Al-Maliki and Mohammed Shia Al-Sudani did not touch on the issue of a second term in any way, denying the existence of any discussions related to Read more…

“The dollar won’t be the only impact”… Expectations of rising commodity prices and inflation rates in Iraq

“The dollar won’t be the only impact”… Expectations of rising commodity prices and inflation rates in Iraq

2026-01-06

Shafaq News – Baghdad / Erbil
On Tuesday, the head of the “Iraq Future” Foundation for Economic Studies and Consultations, economist Manar Al-Obaidi, predicted that prices of goods and commodities would rise, and inflation rates would increase in Iraq due to the new Read more…

Washington praises the role of Iraqi forces and acknowledges achieving “victory” over ISIS with “great difficulty”.

Washington praises the role of Iraqi forces and acknowledges achieving “victory” over ISIS with “great difficulty”.

2026-01-06

Shafaq News – Baghdad / Erbil
The U.S. Embassy in Iraq congratulated the Iraqi army on Tuesday on the 105th anniversary of its founding, affirming the United States’ commitment to continuing to work with Iraqi security forces in support of a stable Iraq.

On this occasion, the embassy praised in a statement today “the service and Read more…

With a value of $16 trillion, Iraq ranks ninth globally on the list of the richest countries in natural resources.

With a value of $16 trillion, Iraq ranks ninth globally on the list of the richest countries in natural resources.

2026-01-06

The global statistics website “Statista” revealed a list of the world’s richest countries in terms of the value of natural resources, with Iraq ranking among the top ten globally.

Iraq came in ninth place globally, with natural resources valued at approximately 16 trillion US dollars, reflecting the enormous wealth Read more…

A simple question on paper: “Where are the 2025 budget tables?”, and a more complex question about what the 2026 budget will look like in light of cheaper oil and a heavier deficit.

A simple question on paper: “Where are the 2025 budget tables?”, and a more complex question about what the 2026 budget will look like in light of cheaper oil and a heavier deficit.

2026-01-06

Between a simple question on paper, “Where are the 2025 budget tables?”, and a more complex question about the shape of the 2026 budget in light of cheaper oil and a heavier deficit, the financial scene in Iraq is moving on shaky political ground that makes every numerical requirement a subject of contention Read more…

The Iraqi Trade Bank announces that all its branches will be open during official holidays.

The Iraqi Trade Bank announces that all its branches will be open during official holidays.

2026-01-06

The Trade Bank of Iraq announced on Tuesday that all its branches will be open during official holidays, based on the directives of the Central Bank. The bank’s media office stated in a statement that “Based on the directives of the Central Bank of Iraq, it has been decided to open all branches Read more…

Economist: Raising taxes is an ill-considered decision.

Economist: Raising taxes is an ill-considered decision.

1-5-2026

Al-Maalomah/Anbar –
Economic expert Rashid al-Saadi described the central government’s move to increase taxes on citizens and various sectors as an ill-conceived decision, calling instead for the adoption of tax exemptions to alleviate the cost of living burdens Read more…

Iraq is making progress towards joining the World Trade Organization.

Iraq is making progress towards joining the World Trade Organization.

2026/01/05

The International Trade Centre, a United Nations agency, confirmed that Iraq has made clear progress in its steps towards joining the World Trade Organization.

Eric Bochot, the director of the International Trade Centre’s programs in Iraq, which is affiliated with the United Nations, Read more…

Ports Director: Operations at the Grand Faw Port will begin this year, 2026.

Ports Director: Operations at the Grand Faw Port will begin this year, 2026.

2026/01/05

The Director General of Iraqi Ports, Farhan Al-Fartousi, announced today, Monday, that Iraqi ports ended 2025 with advanced operational and financial indicators, stressing the company’s readiness to enter 2026 with economic and commercial change plans, while indicating the start of operations Read more…

Economic: Falling oil prices threaten the Iraqi budget.

Economic: Falling oil prices threaten the Iraqi budget.

1-5-2026

Information/Baghdad…
Economic expert Ahmed Hadhhal confirmed on Monday that the decline in global oil prices is placing significant pressure on the Iraqi budget, especially since the economy relies on oil for over 90% of its revenues.
Hadhhal told the Information Agency, “This decline exposes the government to Read more…

Barzani’s party nominates Fuad Hussein for the presidency.

Barzani’s party nominates Fuad Hussein for the presidency.

1-5-2026

Information/Baghdad
The Kurdistan Democratic Party (KDP) presented two candidates on Monday for the position of President of the Republic of Iraq.

Information obtained by Al-Maalomah Agency indicates that “Fuad Hussein Read more…

A meeting of the coordination framework is expected… the prime ministership is down to three names.

A meeting of the coordination framework is expected… the prime ministership is down to three names.

1-5-2026

The Coordination Framework is holding its meeting this evening, Monday, to discuss the latest developments and current events, as well as the issue of the prime minister and constitutional requirements. Sources confirm that the Framework will seriously discuss the selection of the next prime minister, with the nomination narrowed down to Maliki, Sudani, and Abadi, despite the announcement of nine names being put forward for the position. These three appear to be the most likely Read more…

Maliki and Sudani agree on criteria for the position of Prime Minister

Maliki and Sudani agree on criteria for the position of Prime Minister

1-5-2026

Information / Baghdad –
A source close to the Coordination Framework revealed on Monday that the meeting scheduled for this evening by the framework’s leaders will be crucial in agreeing on the framework’s candidate for the premiership of the next government. The meeting will also address the mechanisms Read more…

Al-Badri and Al-Shatri are the leading candidates… The coordinating body will decide in today’s meeting.

Al-Badri and Al-Shatri are the leading candidates… The coordinating body will decide in today’s meeting.

2026-01-05 00:51

Shafaq News – Baghdad
On Monday, Fahd al-Jubouri, a leader in the Hikma Movement, revealed the priorities of the meeting of the leaders of the coordinating framework that includes the Shiite forces, which is scheduled to be held this evening, to decide on the selection of the new prime minister and the issue Read more…

Liquidity crisis in Mosul banks delays the release of payments to outlet owners

Liquidity crisis in Mosul banks delays the release of payments to outlet owners

2026-01-05 02:34

Shafaq News – Nineveh
On Monday, Abdullah Al-Jiro, the head of the money changers’ union in Nineveh Governorate, revealed a cash liquidity crisis affecting banks in Mosul, which has delayed payments to money changers, prompting some of them to spend the night in front of banks Read more…

First government comment on the rise in the dollar exchange rate in Iraq

First government comment on the rise in the dollar exchange rate in Iraq

2026-01-05

The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Salih, confirmed Sunday, January 4, 2026, that the fluctuation in the exchange rate is “temporary” and does not reflect a structural imbalance, especially since it has practically become detached from Read more…

A parliamentary source reveals the names of the candidates for the presidency.

A parliamentary source reveals the names of the candidates for the presidency.

2026-01-05

A parliamentary source revealed Sunday (January 4, 2026), the list of names of candidates for the position of President of the Republic, indicating that the number of candidates announced to date has reached 41 candidates.

The list of candidates included the following names: Read more…