IRAQI DINAR POLITICS & ECONOMY

Al-Fatah: The smuggling of regional oil will not stop until the oil and gas law is passed.

Al-Fatah: The smuggling of regional oil will not stop until the oil and gas law is passed.

6-12-2025

Information/Baghdad…
Ali al-Fatlawi, a leader in the Fatah Alliance, confirmed on Thursday that oil smuggling from the Kurdistan Region will continue unless the oil and gas law is passed. He called on the government and political forces to engage in serious dialogue to reach a final agreement on the law and resolve Read more…

Energy companies continue operations. The US withdraws 700 diplomats and employees from Iraq.

Energy companies continue operations. The US withdraws 700 diplomats and employees from Iraq.

2025-06-12 00:22

Shafaq News/ An Iraqi security source revealed on Thursday that more than 700 Americans have been evacuated from Iraq in light of the developments taking place in the region. Meanwhile, an Iraqi official confirmed that foreign companies operating in the country Read more…

The World Bank expects growth in the Iraqi economy in 2025 and 2026.

The World Bank expects growth in the Iraqi economy in 2025 and 2026.

2025-06-12 02:14

Shafaq News/ The World Bank expects the Iraqi economy to grow by 1.2% this year.

The bank said in statistics reviewed by Shafaq News Agency that “the Iraqi economy is expected to grow by 1.2% this year, up from negative Read more…

ISIS exploits the chaos in Syria, and Baghdad urges the Americans to delay their withdrawal from Iraq.

ISIS exploits the chaos in Syria, and Baghdad urges the Americans to delay their withdrawal from Iraq.

2025-06-12 02:41

Shafaq News/ Reuters reported that ISIS is exploiting the Syrian chaos and has begun reactivating its fighters in Iraq and Syria, identifying targets, attempting to launch major attacks, distributing weapons, and intensifying recruitment and propaganda campaigns. Meanwhile, a US official confirmed that Baghdad has informally requested a slower withdrawal of approximately 2,500 US troops from Iraq, Read more…

Iraq is the second-largest Arab oil exporter by sea, and calls are being made to resume exports via the port of Ceyhan.

Iraq is the second-largest Arab oil exporter by sea, and calls are being made to resume exports via the port of Ceyhan.

2025-06-12 03:26

Shafaq News/ Iraq ranked second among the largest Arab countries exporting oil by sea in May 2025, according to data from the Energy Research Unit (based in Washington).

Data showed that the top five Arab countries exporting seaborne crude oil during the month saw increases in three countries Read more…

Spokesman for the Commander-in-Chief: All diplomatic missions operating in Iraq are safe and there is no threat.

Spokesman for the Commander-in-Chief: All diplomatic missions operating in Iraq are safe and there is no threat.

2025-06-12

The spokesman for the Commander-in-Chief of the Armed Forces, Sabah al-Numan, confirmed on Thursday that all Arab and foreign diplomatic missions operating in Iraq enjoy the widest range of safe work, freedom of communication and effectiveness, and are carrying out their activities normally, whether in the capital, Baghdad, or Read more…

Preparations for the 4th meeting to join the World Trade Organization

Preparations for the 4th meeting to join the World Trade Organization

2025/06/11

The Ministry of Trade intends to hold the fourth meeting of the Iraq Task Force as part of preparations for Iraq’s accession to the World Trade Organization.

Ministry spokesman Mohammed Hanoun told Al-Sabah: “The Ministry of Commerce activated the accession process through several axes, the most important of which was holding the third meeting of the Iraq task force, which was held Read more…

Mazhar Saleh: Stabilizing inflation is one of the most notable successes of Iraq’s economic policy.

Mazhar Saleh: Stabilizing inflation is one of the most notable successes of Iraq’s economic policy.

2025/06/11

The Prime Minister’s economic advisor, Mazhar Mohammed Salih, confirmed that one of the most significant successes of Iraq’s economic policy this year has been the stability of the general price level, or inflation, growth rate. He noted that the annual inflation rate is approaching, for the first time in many years, the natural break in price growth, which amounts to about Read more…

MP: Six months have passed and the budget schedules have not yet reached Parliament.

MP: Six months have passed and the budget schedules have not yet reached Parliament.

6-11-2025

Information / Baghdad..
Member of Parliament Yasser Hashem expressed his surprise on Wednesday at the government’s delay in submitting detailed schedules for the 2025 general budget law to Parliament, despite six months having passed since the beginning of the year. He stressed that “there is no justification Read more…

Parliamentary Finance Committee: The budget has not yet arrived and Parliament is awaiting extraordinary sessions.

Parliamentary Finance Committee: The budget has not yet arrived and Parliament is awaiting extraordinary sessions.

6-11-2025

Information / Baghdad..
Member of the House of Representatives’ Finance Committee, MP Hussein Al-Saabari, confirmed on Wednesday that the budget has not yet been received and that Parliament is awaiting extraordinary sessions.

Al-Saabari told Al-Maalouma News Agency that “the Ministry of Finance and the government have Read more…

Al-Kadhimi: The 2025 budget may reach parliament early next month.

Al-Kadhimi: The 2025 budget may reach parliament early next month.

2025-06-11 02:52

Shafaq News/ Member of the Parliamentary Finance Committee, Moeen Al-Kadhimi, said on Wednesday that the Iraqi state budget for 2025 is likely to reach the House of Representatives early next month.

Al-Kadhimi told Shafaq News Agency that the Ministry of Finance has completed its observations on the budget law’s schedules and submitted them Read more…

Washington Post: America’s debt reaches $36 trillion, and the war in Iraq is a major reason.

Washington Post: America’s debt reaches $36 trillion, and the war in Iraq is a major reason.

2025-06-11 05:02

Shafaq News/ The United States’ debt is heading toward its highest levels since World War II, reaching $36 trillion, a figure that is expected to continue rising, as the U.S. government spends approximately $2 trillion more than its annual revenues.

This chronic financial deficit is one of the most prominent indicators Read more…

The Ministry of Transport reveals six airports that will be linked to the development plan.

The Ministry of Transport reveals six airports that will be linked to the development plan.

2025-06-11

The Ministry of Transport announced on Wednesday that six Iraqi airports are linked to the “Development Road” project, three of which are new. The Ministry’s Director of Public Relations and Media, Maitham Al-Safi, told the official agency that “Mosul International Airport will open in the coming days and is of great Read more…

Al-Karawi: We filed a lawsuit against the government due to the delay in the budget schedules.

Al-Karawi: We filed a lawsuit against the government due to the delay in the budget schedules.

6-10-2025

Al-Maalouma / Exclusive..
Member of the Parliamentary Finance Committee, Mustafa Al-Karaawi, revealed today, Tuesday, that the committee has filed a lawsuit against the government due to its delay in sending the budget schedules.
Al-Karaawi said in a statement Read more…

A parliamentary committee identifies weaknesses in the banking sector: cash stocks are stored in homes.

A parliamentary committee identifies weaknesses in the banking sector: cash stocks are stored in homes.

6-10-2025

Information / Baghdad..
Member of the Parliamentary Economy and Trade Committee, Kazem Attia Al-Shammari, confirmed on Tuesday that there is a clear weakness in the Iraqi banking system. He pointed out that a large amount of cash in circulation remains outside the banking system and stored in citizens’ homes, exacerbating the liquidity crisis Read more…

Sadiqun Bloc: Anyone promoting Kuwait’s sovereignty over Khor Abdullah is a “traitor”

Sadiqun Bloc: Anyone promoting Kuwait’s sovereignty over Khor Abdullah is a “traitor”

6-10-2025

Information/Exclusive:
MP Suhaila Al-Sultani of the Sadiqoun parliamentary bloc asserted on Tuesday that promoting Kuwait’s sovereignty over Khor Abdullah constitutes national treason, emphasizing that the creek is entirely Iraqi in terms of sovereignty, history, and legal rights.

Al-Sultani told Al-Maalouma News Agency, “Those who exploit the Khor Abdullah Read more…

For these reasons, it is likely that the 2025 budget will be postponed until after the elections.

For these reasons, it is likely that the 2025 budget will be postponed until after the elections.

6-10-2025

Al-Maalouma/Exclusive:
Former MP Ayoub al-Rubaie confirmed on Tuesday that finalizing the 2025 budget schedules faces significant complications, suggesting it will likely be postponed until after the November elections for a number of reasons.
Speaking to Al-Maalouma, al-Rubaie said, “The 2025 budget schedules were supposed to reach the parliament according to Read more…

Iraq’s remittances abroad exceed $300 billion over the past five years, with minimal interest.

Iraq’s remittances abroad exceed $300 billion over the past five years, with minimal interest.

2025-06-10 02:04

Shafaq News/ The Iraq Future Foundation for Economic Studies and Consultations on Tuesday counted the total amount of money transferred out of the country over the past five years, stating that it amounted to more than $300 billion, with minimal interest returned to the state compared to the amount of money transferred out.

In a report published today, the institution’s head, Read more…

Central Bank of Iraq: Total credit exceeds 71 ​​billion dinars

Central Bank of Iraq: Total credit exceeds 71 ​​billion dinars

2025-06-10 02:25

Shafaq News/ The Central Bank of Iraq revealed on Tuesday that total credit reached more than 71 billion dinars by the end of March 2025.

The bank said in an official statistic Read more…

The “lost” budget: Iraqis’ livelihoods become a “political tool” in the election campaign auction.

The “lost” budget: Iraqis’ livelihoods become a “political tool” in the election campaign auction.

2025-06-10 03:27

Shafaq News/ The delay in approving the 2025 federal budget in Iraq threatens financial stability, service and development projects, the disbursement of salaries and benefits, and other repercussions that directly impact the daily lives of Iraqi families, according to observers.

Observers believe the budget has become a “political tool” during election seasons, Read more…