IRAQI DINAR POLITICS & ECONOMY

Prime Minister’s Advisor: Government moves to enhance spending efficiency

Prime Minister’s Advisor: Government moves to enhance spending efficiency

07/01/2025

The Prime Minister’s Financial Advisor, Dr. Mazhar Mohammed Saleh, revealed signs of a clear government move to reconsider a number of spending items, particularly those related to untargeted subsidies, excess administrative expenses, and ineffective allocations. This is part of ongoing efforts to enhance spending efficiency Read more…

Mohammed al-Halbousi, the corrupt political money boy and creator of the false Sunni leadership myth

Mohammed al-Halbousi, the corrupt political money boy and creator of the false Sunni leadership myth

7-1-2025

Information / Exclusive:
As Iraq experiences unprecedented political turmoil, the name of Mohammed al-Halbousi, former Speaker of Parliament and leader of the Progress Alliance, has emerged as one of the most prominent figures accused of political and financial corruption.
From an administrative man in Anbar to the “prince of political money,” some Read more…

Source: Banking activity in Iraq has stopped.

Source: Banking activity in Iraq has stopped.

2025-07-01

Shafaq News – Baghdad/Erbil
An informed source reported that banking activity will be suspended on Tuesday due to the semi-annual inventory procedures.

The source told Shafaq News Agency, “Banking activity will cease as a result of the implementation of Read more…

The new Chief Justice of the Federal Court assumes his duties and thanks members for withdrawing their retirement requests.

The new Chief Justice of the Federal Court assumes his duties and thanks members for withdrawing their retirement requests.

2025-07-01 03:49

Shafaq News – Baghdad
The Supreme Judicial Council held a joint meeting on Tuesday, chaired by Council Chairman Faiq Zidane. The meeting discussed working mechanisms and adherence to jurisdiction in accordance with the constitution and laws.

The judiciary stated in a statement received by Shafaq News Agency that “Zaidan hosted judges from the Federal Court of Cassation, the Chief Public Prosecutor, the Read more…

The “balances” tax: Baghdad-Washington relations are on the verge of collapse

The “balances” tax: Baghdad-Washington relations are on the verge of collapse

2025-07-01 05:46

Shafaq News – Washington/ Special translation
It is difficult to imagine the course of relations between the United States and Iraq in the coming period, except for two options: either ending it or maintaining the status quo, which serves neither party’s interests.

According to a report issued Read more…

Energy Diplomacy: A Means to Promote Stability and Cooperation between Iraq and the United States

Energy Diplomacy: A Means to Promote Stability and Cooperation between Iraq and the United States

7-1-2025

Overview: Iraq’s Energy Potential Amid Structural Challenges
Iraq has one of the richest oil and gas reserves in the world, but decades of political unrest, insecurity, and a lack of investment have hindered the effective exploitation of this wealth. With the changing global energy landscape, Iraq has embarked on projects to capture and process Read more…

Al-Maliki: Many question marks surround the resignations of judges in conjunction with the Khor Abdullah case.

Al-Maliki: Many question marks surround the resignations of judges in conjunction with the Khor Abdullah case.

6-30-2025

Information/Baghdad…
Independent politician Abbas Al-Maliki confirmed on Monday that there are many question marks surrounding the resignations from the Federal Court, coinciding with the imminent ruling on the Khor Abdullah dispute.

Al-Maliki told Al-Maalouma, “The resignation of the Federal Court President and some of its members coincided with the Khor Abdullah case Read more…

The budget is behind government walls awaiting “release”… and Parliament is waiting.

The budget is behind government walls awaiting “release”… and Parliament is waiting.

6-30-2025

Information/Baghdad…
The country’s general budget is still with the executive branch and has not yet been submitted to Parliament. Despite numerous and vocal demands, political statements, and actions by parliamentary circles, the reality on the ground has not seen any budget release from behind the walls of the executive branch, represented by Read more…

Belt and Road: Washington is pushing to prevent Iraq from joining the Chinese initiative.

Belt and Road: Washington is pushing to prevent Iraq from joining the Chinese initiative.

6-30-2025

Al-Maalouma/Baghdad…
Hussein Jassim, a member of the Belt and Road Initiative movement, revealed on Monday that American pressure is preventing Iraq from officially joining the Chinese initiative, considering that moving in this direction represents an opportunity to escape American hegemony.
Jassim told Al-Maalouma Agency that “the United States is exercising clear Read more…

Al-Sarraj attacks Trump’s decision to extend the state of emergency in Iraq: The Foreign Ministry is tactless and the US is blackmailing Baghdad.

Al-Sarraj attacks Trump’s decision to extend the state of emergency in Iraq: The Foreign Ministry is tactless and the US is blackmailing Baghdad.

6-30-2025

Information/Exclusive…
Strategic expert Ibrahim Al-Sarraj criticized US President Donald Trump’s decision to extend the state of emergency in Iraq on Monday, considering the decision a political pretext aimed at pressuring Baghdad to achieve narrow US interests, amid Read more…

Iraq plans to receive 4 million containers annually at Umm Qasr Port.

Iraq plans to receive 4 million containers annually at Umm Qasr Port.

2025-06-30 00:36

Umm Qasr Port in Basra is undergoing rapid development as part of a plan to modernize its infrastructure and enhance its operational capabilities, aiming to increase its annual capacity to 4 million containers.

The port is considered one of the most prominent Iraqi ports, playing a vital role in supporting the national economy and connecting Iraq to global Read more…

A loophole: The Iraqi dollar is being drained by inflated import invoices from three countries.

A loophole: The Iraqi dollar is being drained by inflated import invoices from three countries.

2025-06-30 06:37

The head of the Iraq Future Foundation, Manar al-Obaidi, revealed on Monday that there is an inflated invoice for importing goods to the Iraqi market from countries such as China, Turkey, and the UAE. This is a drain on the dollar by exploiting the difference between the official exchange rate and the parallel Read more…

Electronic payment: a step towards enhancing financial confidence and reducing corruption.

Electronic payment: a step towards enhancing financial confidence and reducing corruption.

06/29/2025

In light of rapid technological developments globally, the shift to digital payment systems has become a necessity to enhance the efficiency of financial and government services, especially in countries undergoing transitions like Iraq. Iraq’s experience in adopting these digital methods reflects Read more…

The Khor Abdullah file is faltering again. Federal Court resignations delay the resolution.

The Khor Abdullah file is faltering again. Federal Court resignations delay the resolution.

6-29-2025

Information/Baghdad…
The Khor Abdullah issue is still pending the Federal Court’s decision on whether to accept the appeal submitted by the executive authority or to annul the agreement and return the creek to Iraq as a right of the country and within the internationally agreed upon maritime Read more…

Parliamentary Finance Committee: The delay in the budget schedules is unjustified, and the government is ignoring our communications.

Parliamentary Finance Committee: The delay in the budget schedules is unjustified, and the government is ignoring our communications.

6-29-2025

Al-Maalouma / Baghdad…
Member of the Parliamentary Finance Committee, Faisal Hassan Sakr, confirmed today, Sunday, that the delay in sending the 2025 budget tables to the House of Representatives has no logical justification, noting that the government continues to ignore official correspondence Read more…

Parliamentarian: The resignation of the Federal Court Chief Justice is merely a formality and aims to pave the way for reversing the Khor Abdullah decision.

Parliamentarian: The resignation of the Federal Court Chief Justice is merely a formality and aims to pave the way for reversing the Khor Abdullah decision.

6-29-2025

Al-Maalouma/Baghdad..
Representative Raed Al-Maliki confirmed on Sunday that referring the Chief Justice of the Federal Supreme Court to retirement represents a “formal” step and is not justified from a realistic standpoint, questioning the announced reasons for the resignation, and considering it an “unreal pretext.”
Al-Maliki said in a statement Read more…

After striking Iran, Trump pulled the United States out of the “Iraq trauma”

After striking Iran, Trump pulled the United States out of the “Iraq trauma”

2025-06-29 02:59

The United States has emerged from the Iraq experience and ended the paralysis that accompanied it. This was achieved through its participation in the military strikes on Iran, demonstrating that US President Donald Trump has succeeded in extricating the United States from the trauma of the Iraq War, according to Read more…

Parliamentary Finance Committee: The budget has not yet arrived and Parliament is awaiting the government.

Parliamentary Finance Committee: The budget has not yet arrived and Parliament is awaiting the government.

6-28-2025

Al-Maalouma / Baghdad..
Member of the Finance Committee in the House of Representatives, Hussein Al-Saabari, revealed today, Saturday, that the budget law has not yet reached Parliament, stressing that the latter is anticipating Read more…

Al-Bajari: The Maritime Authority Law is necessary to restore Iraqi sovereignty.

Al-Bajari: The Maritime Authority Law is necessary to restore Iraqi sovereignty.

6-28-2025

Al-Maalouma/Baghdad..
The head of the Parliamentary Communications and Transport Committee, Representative Zahra Al-Bajari, called on the Parliament Presidency and political blocs on Saturday to activate the file of interrogating officials, especially those files that meet the constitutional requirements, stressing at the same time the importance of approving the Maritime Authority Law during the next legislative Read more…

Al-Husseini: The current government is the worst and has failed on the sovereignty and economic issues.

Al-Husseini: The current government is the worst and has failed on the sovereignty and economic issues.

6-28-2025

Al-Maalouma/Baghdad..
Chairman of the Parliamentary Economy and Investment Committee, Yasser Al-Husseini, accused the current government on Saturday of negligence in vital issues related to sovereignty, security, and the economy, considering it the worst in the modern history of Iraq in years.
Al-Husseini said in a statement Read more…