IRAQI DINAR POLITICS & ECONOMY

Advisor: The government has succeeded in harnessing the economy for international rapprochement.

Advisor: The government has succeeded in harnessing the economy for international rapprochement.

08/25/2025

Prime Minister Mohammed Shia al-Sudani’s government program focused on using economic power as a diplomatic tool to achieve Iraq’s national interests. It relies on a strategy of employing economic tools such as oil, investment, contracts, aid, trade, and commercial agreements to strengthen the country’s position and political standing regionally and internationally. Read more…

Parliamentary Committee: Budget tables will arrive before the elections.

Parliamentary Committee: Budget tables will arrive before the elections.

2025/08/25

Parliamentary Services Committee member Baqir Al-Saadi confirmed that the government has resumed work on a number of suspended service projects, as part of the 2023 and 2024 budgets.
Al-Saadi told Al-Furat News Agency that the committee is awaiting the government’s 2025 budget schedules, which Read more…

Law enforcement forces surround a demonstration in Baghdad demanding the cancellation of the Khor Abdullah agreement.

Law enforcement forces surround a demonstration in Baghdad demanding the cancellation of the Khor Abdullah agreement.

8-25-2025

Al-Maalouma/Baghdad..
A security source confirmed on Monday the deployment of law enforcement forces and the cordoning off of a demonstration in Nisour Square in central Baghdad, where participants demanded the cancellation of the Khor Abdullah agreement with the Kuwaiti side.
The source Read more…

Al-Mashhadani rejects the inclusion of the Popular Mobilization Forces law under American pressure.

Al-Mashhadani rejects the inclusion of the Popular Mobilization Forces law under American pressure.

8-25-2025

Al-Maalouma/Anbar..
Member of the Sovereignty Alliance, Ahmed al-Dulaimi, revealed on Monday that Parliament Speaker Mahmoud al-Mashhadani refused to include the Popular Mobilization Forces Law during today’s session, under the influence of what he described as Read more…

MP warns of corruption suspicions due to delay in submitting budget schedules

MP warns of corruption suspicions due to delay in submitting budget schedules

8-25-2025

Al-Maalouma/Baghdad..
Deputy Chairman of the Parliamentary Investment Committee, Hussein Al-Saabari, said on Monday that the delay in sending the 2025 general budget tables aims to “cover up the disbursement process of funds that bear clear suspicions of Read more…

Al-Sudani: 150 trillion dinars in annual spending, compared to only 3 trillion in tax revenues.

Al-Sudani: 150 trillion dinars in annual spending, compared to only 3 trillion in tax revenues.

2025-08-25 02:55

Shafaq News – Baghdad
Prime Minister Mohammed Shia al-Sudani affirmed on Monday that Iraq faces a major economic challenge, namely the priority of reform and the transition to a diversified economy. He noted that public spending in each fiscal year amounts to approximately 150 trillion dinars, compared to Read more…

Finance Minister: Iraq is witnessing tangible progress in tax reform.

Finance Minister: Iraq is witnessing tangible progress in tax reform.

2025-08-25

Finance Minister Taif Sami confirmed on Monday that Iraq is witnessing tangible progress in the field of tax reform, while pointing to the government’s commitment to developing the tax system in line with international standards. The Minister of Finance stated, in her speech during the Tax Conference for Economic Development Read more…

The first segment of the development road was shown to international companies.

The first segment of the development road was shown to international companies.

08/24/2025

The Ministry of Transport is preparing to present the first section of the development road project to international companies by the end of this year.

This was announced by the Ministry’s Media Office Director, Maitham Al-Safi, who confirmed in a statement to Al-Sabah that the development road project is progressing according to the set timelines, with the preliminary design phase Read more…

$100 billion is the value of investments in Iraq.

$100 billion is the value of investments in Iraq.

08/24/2025

The National Investment Commission confirmed that Iraq is currently witnessing an unprecedented phase of investment activity, as the volume of Arab and foreign investments attracted has exceeded the barrier of (100) billion dollars during the past two years.

Hanan Jassim, spokesperson for the authority, Read more…

The US accelerates the withdrawal of its forces from two bases in Iraq, ahead of schedule.

The US accelerates the withdrawal of its forces from two bases in Iraq, ahead of schedule.

2025/08/24

Informed sources revealed on Sunday that the United States has decided to withdraw all its forces from two military bases in Iraq.
Sources revealed that the US has decided to withdraw all its soldiers from the Ain al-Asad base in Anbar province and the Victoria base Read more…

Parliamentary Finance Committee: Lack of “need,” not trust, is behind Iraqis’ reluctance to use banks.

Parliamentary Finance Committee: Lack of “need,” not trust, is behind Iraqis’ reluctance to use banks.

2025/08/24

Jamal Koujar, a member of the Parliamentary Finance Committee, confirmed that citizens’ keeping of their money at home is primarily due to the “lack of need” for daily dealings with banks, noting that the lack of trust and routine procedures Read more…

With a new camouflage trick, the region replaces its oil smuggling fleet with freight vehicles.

With a new camouflage trick, the region replaces its oil smuggling fleet with freight vehicles.

8-24-2025

Al-Maalouma/Sulaymaniyah..
Saman Ali, a leader in the National Position Movement, revealed on Sunday that the oil smuggling network owned by Masoud Barzani’s party has replaced the tanker trucks designated for transporting oil derivatives with others for transporting goods in a camouflage operation Read more…

Inflation rates in Iraq have declined for two consecutive months.

Inflation rates in Iraq have declined for two consecutive months.

2025-08-24

Shafaq News – Baghdad
The Ministry of Planning announced today, Sunday, that inflation rates in Iraq continued to decline for the second consecutive month, as the monthly inflation rate for last July recorded a decrease of (0.1%) compared to June, which also witnessed a decrease of Read more…

Baghdad achieves a “political victory” as the US withdrawal begins and Iran’s influence declines.

Baghdad achieves a “political victory” as the US withdrawal begins and Iran’s influence declines.

2025-08-24 03:29

Shafaq News – Special Translation
The Eastern Herald, an international newspaper based in India, considered the US military withdrawal from Iraq a political victory for Baghdad on Sunday, reflecting Iraq’s independence from the dual influence of the US and Iran.

The newspaper reported in a report Read more…

Nechirvan Barzani and a US Senator discuss regional developments and the ISIS threat.

Nechirvan Barzani and a US Senator discuss regional developments and the ISIS threat.

2025-08-24 05:26

Shafaq News – Erbil
Kurdistan Region President Nechirvan Barzani and US Senator Joni Ernst discussed the latest developments in the Middle East and their repercussions for the region, as well as ways to confront the threat posed by ISIS.

This came during his reception of Ernst, a member of the US Senate Armed Services Committee, and his accompanying delegation Read more…

Ministry of Oil: Gas export terminal receives largest tanker, 188m long, with a capacity of 20,000 tons

Ministry of Oil: Gas export terminal receives largest tanker, 188m long, with a capacity of 20,000 tons

2025-08-24

The Ministry of Oil announced on Sunday that the Basra Gas Export Terminal received the largest semi-refrigerated liquid gas tanker in its history, scheduled for export to China. The Ministry stated in a statement that “the second berth at the Basra Gas Company’s liquid gas export terminal received the largest gas tanker Read more…

Al-Sudani: Iraq has raised its refining capacity to (1.3) million barrels per day.

Al-Sudani: Iraq has raised its refining capacity to (1.3) million barrels per day.

2025-08-24

Prime Minister Mohammed Shia Al-Sudani confirmed, today, Sunday, that Iraq has raised its refining capacity to (1.3) million barrels per day.

The media office said in a statement, “Within the framework of the government’s approach to strengthening national sovereignty Read more…

Iraq’s foreign reserves decline amid warnings

Iraq’s foreign reserves decline amid warnings

2025-08-23 09:14

Shafaq News – Baghdad
On Saturday, the head of the Iraq Future Foundation, Manar al-Obaidi, revealed a decline in Iraq’s foreign exchange reserves, warning of its impact on inflation and monetary stability.

Al-Obaidi said in a post, followed by Shafaq News Agency, that “in late 2022, the size of Iraq’s foreign reserves (foreign currencies, gold, and securities) amounted to Read more…

Aside from the Kurds and Sunnis, the Popular Mobilization Forces (PMF) law does not enjoy Shiite support: 64 MPs are obstructing its passage.

Aside from the Kurds and Sunnis, the Popular Mobilization Forces (PMF) law does not enjoy Shiite support: 64 MPs are obstructing its passage.

2025-08-23 07:47

Shafaq News – Baghdad
Iraqi parliament member Jawad al-Yasari confirmed on Saturday that the failure to pass the Popular Mobilization Forces (PMF) law in parliament to date is primarily due to the lack of Shiite consensus, followed by Sunni and Kurdish objections.

The leftist told Shafaq News Agency, “The Popular Mobilization Law has received the support of 116 Shiite MPs so far, out of approximately 180 Shiite MPs Read more…

Rights: Sunnis and Kurds lined up with Washington to reject the Popular Mobilization Law.

Rights: Sunnis and Kurds lined up with Washington to reject the Popular Mobilization Law.

8-23-2025

Al-Maalouma/Baghdad…
Member of the Rights Movement, Asifa Abbas Qadir, confirmed on Saturday that the Sunni and Kurdish blocs have sided with Washington in rejecting the legislation of the Popular Mobilization Forces (PMF) structure law, calling for the law to be included on the agenda Read more…