IRAQI DINAR POLITICS & ECONOMY

A representative calls for a public session to discuss the Khor Abdullah file.

A representative calls for a public session to discuss the Khor Abdullah file.

7-11-2025

Information / Baghdad..
Member of Parliament Yasser Iskandar called on Friday for a public session of Parliament to discuss the Khor Abdullah issue, stressing that the creek represents a purely Iraqi geography that cannot be relinquished.

“Khawr Abdullah is a strategic waterway of utmost importance to Iraq’s ports Read more…

Al-Sakini: The government’s silence on Trump is intended to secure a second term.

Al-Sakini: The government’s silence on Trump is intended to secure a second term.

7-11-2025

Al-Maalouma/Baghdad…
Ibrahim Al-Sakini, a member of the State of Law Coalition, described the government’s silence regarding Trump and the American statements and accusations directed at Iraq as an attempt by Al-Sudani to secure a second term.
Al-Sakini told Al-Maalouma, “The Iraqi government, headed by Mohammed Shia Al-Sudani, did not respond to the American statements Read more…

German website: Iraq’s financial crisis is due to government extravagance.

German website: Iraq’s financial crisis is due to government extravagance.

7-10-2025

Information: Translation..
A report by the German website BNN IntelliNews confirmed on Thursday that the financial crisis in Iraq reveals the dangers of extravagance in a country whose economy depends on oil production, where the money being counted from abroad is obscene.
The report, Read more…

MP: Withdrawal of the appeal against the Khor Abdullah Agreement was a result of parliamentary pressure.

MP: Withdrawal of the appeal against the Khor Abdullah Agreement was a result of parliamentary pressure.

7-10-2025

Information/Baghdad…
MP Hussein al-Sa’bari confirmed on Thursday that the decision by the Presidency of the Republic and the Prime Minister’s Office to withdraw the appeal against the Khor Abdullah Agreement came in response to pressure from parliamentary forces to restore Read more…

Dhi Qar Council requires shops and restaurants to provide electronic payment devices.

Dhi Qar Council requires shops and restaurants to provide electronic payment devices.

7-10-2025

Al-Maalouma/Dhi Qar..
A member of the Dhi Qar Provincial Council, Ahmed Al-Khafaji, announced today, Thursday, the issuance of an official directive obligating shops and restaurants to activate the electronic payment service.
Al-Khafaji said in an interview with Al-Maalouma Agency, that “the council sent a letter to the governorate office, including obligating all shops to provide Read more…

MP holds government responsible for delay in submitting budget schedules

MP holds government responsible for delay in submitting budget schedules

7-10-2025

Information/Exclusive…
MP Amir Al-Maamouri held the Ministry of Finance and the federal government responsible on Thursday for the delay in submitting the budget tables to the House of Representatives for a vote, stressing that this delay directly impacts Read more…

An American institute sees the need to change the Iranian regime: The matter is different from Iraq.

An American institute sees the need to change the Iranian regime: The matter is different from Iraq.

2025-07-10 04:22

Shafaq News – Special Translation
The American Providence Institute criticized the comparison between Iraq in 2003 and Iran in 2025, and the idea that “regime change” in Tehran would spark chaos and devolve into a quagmire and endless war, asserting that this theory is “distorted.”

The American Institute explained in a report Read more…

Economist: The US trade balance with Iraq runs a deficit of $5.7 billion annually.

Economist: The US trade balance with Iraq runs a deficit of $5.7 billion annually.

2025-07-10

Economic expert Nabil Al-Marsoumi confirmed today, Thursday (July 10, 2025), that the US trade balance with Iraq has an annual deficit of approximately $5.7 billion.

Al-Marsoumi said in a post on his Facebook account that “Iraq’s commodity exports to the United States amounted to $7.689 billion in 2024, of which $7.643 billion was crude oil, Read more…

Trump: We will impose 30% tariffs on Iraq, Algeria, and Libya.

Trump: We will impose 30% tariffs on Iraq, Algeria, and Libya.

2025-07-09 08:54

Shafaq News – Washington
US President Donald Trump announced on Wednesday that he would impose 30% tariffs on Iraq, Algeria, and Libya.

According to Reuters, Trump issued a series of letters Read more…

Faw Grand Port achieves advanced completion rates

Faw Grand Port achieves advanced completion rates

07/09/2025

The Ministry of Transport announced new statistics on Tuesday regarding the progress achieved at the Grand Faw Port. The Director General of the General Company for Iraqi Ports, Farhan Al-Fartousi, said in a press statement that, “Under the direct supervision of Minister Razzaq Muhaibis Al-Saadawi, the Grand Faw Port project has witnessed remarkable progress in its various Read more…

Khor Abdullah is at stake: A constitutional battle awaits resolution in Parliament.

Khor Abdullah is at stake: A constitutional battle awaits resolution in Parliament.

7-9-2025

Information/Baghdad…
Following a meeting of the three presidencies, the federal government has thrown the ball into parliament’s court regarding the Khor Abdullah issue. The parliament will have the authority to pass the agreement with Kuwait or make amendments to it, which requires a two-thirds vote Read more…

In its final stop, strategic laws await passage in Parliament.

In its final stop, strategic laws await passage in Parliament.

7-9-2025

Information/Report…
Despite repeated statements by members of political blocs regarding the importance of the final legislative session of the fifth parliamentary term, current indicators confirm that this session will not differ significantly from previous sessions in terms of the lack of a quorum for sessions and the failure to pass important laws.

Several vital laws are awaiting passage by parliament during this final leg of the current session, which has spanned more than two decades. Most notable among these are the Oil and Gas Law, Read more…

The International Monetary Fund calls on Iraq to cut spending, increase taxes, and reform pensions.

The International Monetary Fund calls on Iraq to cut spending, increase taxes, and reform pensions.

2025-07-09 01:12

Shafaq News – Baghdad / Erbil
The International Monetary Fund warned on Wednesday that the Iraqi economy faces significant challenges due to a slowdown in non-oil sector growth from 13.8% in 2023 to an estimated 2.5% in 2024. This is impacted by a decline in public investment, a weak trade balance, and financing constraints that have led to Read more…

Iraq and four Arab countries possess more than a thousand tons of gold reserves.

Iraq and four Arab countries possess more than a thousand tons of gold reserves.

2025-07-09 03:07

Shafaq News – Baghdad
The World Gold Council announced on Wednesday that Iraq and four other Arab countries together hold more than 1,000 tons of global gold reserves.

The council stated in its latest table for July, Read more…

Prime Minister’s Advisor: The government has developed detailed designs and tender documents for the development road.

Prime Minister’s Advisor: The government has developed detailed designs and tender documents for the development road.

2025-07-09

The Prime Minister’s Advisor for Transport Affairs, Nasser Al-Asadi, stated on Tuesday that the government has prepared detailed designs and tender documents for the development road, while indicating that qualified companies for the development road project will soon be invited Read more…

Government advisor: Three factors have stripped the parallel exchange market of its price influence and diversified our financial reserves.

Government advisor: Three factors have stripped the parallel exchange market of its price influence and diversified our financial reserves.

2025/07/08

The Prime Minister’s economic advisor, Mazhar Mohammed Salih, confirmed that the stability of the price structure and the decline in annual inflation rates in Iraq are the result of the success of three integrated economic policies that worked in a coordinated manner within Read more…

In the coming hours, an oil agreement is imminent between the Baghdad and Erbil governments.

In the coming hours, an oil agreement is imminent between the Baghdad and Erbil governments.

2025-07-08 | 04:14

Expectations indicate that an oil agreement is imminent between Federal Government And the region Kurdistan It may be put on the table today. Iraqi Council of Ministers For a vote, it is expected to enter into force within the next few days. This agreement holds a glimmer of hope for resolving the region’s long-standing Read more…

It includes sonar devices.. An American convoy loaded with sonar devices leaves Ain al-Asad base towards Baghdad.

It includes sonar devices.. An American convoy loaded with sonar devices leaves Ain al-Asad base towards Baghdad.

7-8-2025

Information / Anbar..
A security source in Anbar province reported on Tuesday that a US military convoy comprising more than 15 large vehicles equipped with sonar equipment departed from the Ain al-Asad base in the al-Baghdadi area of ​​Hit district, west of Anbar, heading towards the capital, Baghdad, using the international highway.

The source told Al-Maalouma News Agency that “the American convoy set off Read more…

Al-Fartousi: The face of maritime corruption in Iraq, supported by the highest levels

Al-Fartousi: The face of maritime corruption in Iraq, supported by the highest levels

7-8-2025

Information / Baghdad..
While the Iraqi government seeks to announce economic reforms and combat corruption, dark files within sensitive state institutions are once again resurfacing, most notably Iraq’s ports. According to parliamentary sources, these ports have become a front for political influence and dubious deals, run by Read more…

The Iraqi dinar continues its “slight” recovery against the dollar.

The Iraqi dinar continues its “slight” recovery against the dollar.

2025-07-08 00:47

Shafaq News – Baghdad / Erbil
The dollar exchange rate against the dinar fell on Tuesday morning in markets in Baghdad and Erbil, the capital of the Kurdistan Region.

A Shafaq News Agency correspondent said that the dollar exchange rate decreased Read more…