IRAQI DINAR POLITICS & ECONOMY

Saleh ends the controversy: The 2025 budget will remain close to 156 trillion dinars, with domestic borrowing.

Saleh ends the controversy: The 2025 budget will remain close to 156 trillion dinars, with domestic borrowing.

2025/05/06

The Prime Minister’s economic advisor, Mazhar Mohammed Salih, announced that Iraq’s 2025 budget will remain close to 156 trillion dinars or less, with domestic borrowing continuing at the same level as in 2024.

Saleh explained, in a statement Read more…

Al-Dulaimi: Kuwait offered “bribes” to hand over Khor Abdullah to its own benefit.

Al-Dulaimi: Kuwait offered “bribes” to hand over Khor Abdullah to its own benefit.

5-6-2025

Information / Anbar…
On Monday, Mohammed al-Dulaimi, a member of the United Anbar Alliance, accused the former Kuwaiti government of exploiting all its resources, along with foreign support, to influence the maritime border demarcation agreement with Iraq.

Al-Dulaimi told Al-Maalouma News Agency, “In 2012, the Kuwaiti government, Read more…

The Parliament Presidency directs the publication of the names of absent MPs and the deduction of their salaries.

The Parliament Presidency directs the publication of the names of absent MPs and the deduction of their salaries.

5-6-2025

Information / Baghdad..
The Parliament Presidency ordered, on Tuesday, the publication of the names of absent MPs and the suspension of their salaries.

The media department of the House of Representatives stated in a statement Read more…

Iraq increases its gold holdings by 100 kg and maintains its global and Arab ranking.

Iraq increases its gold holdings by 100 kg and maintains its global and Arab ranking.

2025-05-06 01:37

Shafaq News/ The World Gold Council announced on Tuesday that Iraq’s gold reserves increased by 100 kilograms.

According to the latest schedule published by the Council in May, and seen by Shafaq News Agency, “Iraq’s gold holdings increased by Read more…

Al-Sudani, Bin Salman, and Al Nahyan affirm the importance of maintaining security and stability in the region.

Al-Sudani, Bin Salman, and Al Nahyan affirm the importance of maintaining security and stability in the region.

2025-05-06 03:35

Shafaq News/ Prime Minister Mohammed Shia al-Sudani held separate phone talks on Tuesday with Saudi Crown Prince Mohammed bin Salman bin Abdulaziz and UAE President Mohammed bin Zayed Al Nahyan.

A statement issued by Al-Sudani’s office stated that Al-Sudani and Bin Salman discussed Read more…

Iraq’s largest project: Erbil water project enters critical stages

Iraq’s largest project: Erbil water project enters critical stages

2025-05-06 06:17

Shafaq News/ Kurdistan Regional Government Prime Minister Masrour Barzani inspected on Tuesday the implementation phases of the project to expedite the delivery of water to Erbil, the foundation stone of which was laid in September of last year.

A statement issued by the Kurdistan Regional Government Read more…

Parliamentary Services and Reconstruction Committee: Plans to build three new airports in Iraq, with Mosul Airport at the forefront.

Parliamentary Services and Reconstruction Committee: Plans to build three new airports in Iraq, with Mosul Airport at the forefront.

2025-05-06

Deputy Chairman of the Parliamentary Services and Reconstruction Committee, MP Baqir Al-Saadi, revealed on Tuesday that Mosul International Airport will enter into actual operation on June 10, while pointing to plans to establish three new airports in Iraq during 2026. Al-Saadi stated that the completion rate at Mosul Airport Read more…

Parliamentarian: Parliamentary consensus on amending the agreement for the withdrawal of US forces from Iraq

Parliamentarian: Parliamentary consensus on amending the agreement for the withdrawal of US forces from Iraq

5-5-2025

Al-Maalouma/Anbar..
Representative Ibtisam Al-Hilali confirmed, on Monday, that there is a consensus within the House of Representatives on the need to amend the security agreement signed with the United States regarding the schedule for the withdrawal of American forces Read more…

Al-Sudani confirms reform of the banking sector and directs simplification of procedures and encouragement of deposits.

Al-Sudani confirms reform of the banking sector and directs simplification of procedures and encouragement of deposits.

2025/05/05

Prime Minister Mohammed Shia al-Sudani affirmed, on Monday, the continuation of banking reform, while directing bank administrations to simplify procedures and encourage citizens to deposit their money in them.
Al-Sudani’s media office said Read more…

Karkoush expects the budget schedules to be passed in the coming days before the end of the government’s term.

Karkoush expects the budget schedules to be passed in the coming days before the end of the government’s term.

5-5-2025

Al-Maalouma/Baghdad…
State of Law Coalition member Imran Karkoush predicted that the budget schedules will be passed in the coming days before the end of the government’s term, noting the importance of reviewing the price of a barrel of oil as it currently differs from the price Read more…

Sharp criticism of the performance of foreign banks in Iraq: remittance shops with no development plans

Sharp criticism of the performance of foreign banks in Iraq: remittance shops with no development plans

2025-05-05 00:04

Shafaq News/ On Monday, the head of the Iraq Future Foundation, economic expert Manar al-Obaidi, criticized the performance of foreign banks operating in the country, noting that they are not much different from some local banks that were once called “remittance shops.”

Al-Obaidi explained in a statement Read more…

Financial crisis or delayed recovery? What awaits Iraqis?

Financial crisis or delayed recovery? What awaits Iraqis?

2025-05-05 01:51

Shafaq News/ An Iraqi government advisor reassures that the federal general budget possesses the tools and capabilities to manage the country’s financial life with a high capacity to handle cash flows from oil and non-oil revenues, and maintains a high degree of economic and financial stability Read more…

Rafidain Bank in a new look: Al-Sudani announces a new banking era in Iraq

Rafidain Bank in a new look: Al-Sudani announces a new banking era in Iraq

2025-05-05 04:42

Shafaq News/ Prime Minister Mohammed Shia al-Sudani confirmed on Monday that the government has adopted comprehensive plans for banking reform and contracting with private financial auditing firms, covering all banks. He also indicated that the work of the First Rafidain Bank will be launched with a new Read more…

Exclusive: Iraq continues to import gas and electricity from Iran without interruption.

Exclusive: Iraq continues to import gas and electricity from Iran without interruption.

2025-05-05 05:38

Shafaq News/ A member of the Iraqi Parliament’s Electricity Committee, Dahel Radhi, revealed on Monday that Iraq continues to import electricity and gas from Iran without interruption, despite US sanctions imposed on Tehran.

Radhi told Shafaq News Agency, “The Iraqi government is currently Read more…

To avoid embarrassment with Washington, a “hidden” decision disrupts Iraqi parliament sessions.

To avoid embarrassment with Washington, a “hidden” decision disrupts Iraqi parliament sessions.

2025-05-05 05:23

Shafaq News/ Independent MP Haitham Al-Fahd accused the Iraqi government on Monday of disrupting parliament sessions, revealing the reasons behind the disruption.

Al-Fahd told Shafaq News Agency, “There is a hidden government decision behind the suspension of the parliament sessions. This suspension is to avoid embarrassing Read more…

Ministry of Finance: The Iraqi economy recorded a 5 percent non-oil growth and a decline in the budget deficit.

Ministry of Finance: The Iraqi economy recorded a 5 percent non-oil growth and a decline in the budget deficit.

2025-05-05

Finance Minister Taif Sami stated on Monday that the Iraqi economy recorded a 5% growth in non-oil GDP in 2024, while noting that the budget deficit is low and does not pose a threat to Iraq’s public debt. Sami told the official agency, “A high-level government delegation, including Central Bank Governor Ali Al-Alaq, accompanied Read more…

The Prime Minister chairs a meeting of the heads of the boards of directors of Iraqi banks.

The Prime Minister chairs a meeting of the heads of the boards of directors of Iraqi banks.

2025-05-05

Prime Minister Mohammed Shia al-Sudani chaired a meeting on Monday with the chairmen of the boards of directors of Iraqi banks to review the banking sector’s performance and enhance its role in supporting the national economy. A statement from the Prime Minister’s Media Office stated that the meeting discussed several Read more…

In detail, the Minister of Finance explains the mechanism for converting tax deposits into revenue.

In detail, the Minister of Finance explains the mechanism for converting tax deposits into revenue.

2025/05/04

Finance Minister Taif Sami explained, on Sunday, the mechanism for withdrawing tax deposits and converting them into final revenue.

Sami said in a press statement, “The special account for tax deposits opened at the Central Bank of Iraq in the name of the Ministry of Finance’s Accounting Department, which concerns the amounts collected from taxpayers, most of which Read more…

Economist: Cash liquidity is available, and the currency auction is further strengthening it at banks.

Economist: Cash liquidity is available, and the currency auction is further strengthening it at banks.

5-4-2025

Al-Maalouma/Baghdad…
Economic researcher Diaa Abdul Karim said on Sunday that Iraqi dinar liquidity is available at banks and the Central Bank, as the currency auction works to boost it domestically.
Abdul Karim told Al-Maalouma, “The currency auction sells approximately $300 million daily, which increases the liquidity in Iraqi dinars, Read more…

Parliamentary Finance: The budget is in effect, but the schedules have not yet reached Parliament.

Parliamentary Finance: The budget is in effect, but the schedules have not yet reached Parliament.

5-4-2025

Al-Maalouma/Baghdad…
The Finance Committee of the House of Representatives confirmed on Sunday that the government is continuing to work according to the three-year budget approved last year, despite the fact that the 2025 budget tables have not yet been sent to Parliament. The committee noted that the delay is unjustified, but does not Read more…