IRAQI DINAR POLITICS & ECONOMY

Al-Sudani stresses the importance of expanding cooperation with JP Morgan

Al-Sudani stresses the importance of expanding cooperation with JP Morgan

04/09/2025

Prime Minister Mohammed Shia al-Sudani stressed on Tuesday the importance of expanding partnerships between Iraqi banks and JPMorgan Chase, noting the government’s readiness to provide all forms of support to strengthen this relationship.

A statement from the Prime Minister’s Media Office, received by Al-Sabah, stated that “Al-Sudani received a delegation from JPMorgan Chase, headed by Read more…

Al-Baldawi: The government still has the 2025 budget schedules, and delaying them violates the law.

Al-Baldawi: The government still has the 2025 budget schedules, and delaying them violates the law.

4-9-2025

Al-Maalouma/Baghdad…
Deputy Chairman of the Parliamentary Planning Committee, Mohammed Al-Baldawi, confirmed on Wednesday that the 2025 budget tables are still with the government and have not yet reached Parliament, noting that the government has not explained the reason Read more…

Economist: Strengthening the private sector is key to stabilizing the labor market in Iraq.

Economist: Strengthening the private sector is key to stabilizing the labor market in Iraq.

4-9-2025

Al-Maalouma/Baghdad..
Researcher and expert in financial and banking affairs, Mustafa Hantoush, confirmed on Wednesday that the stability of the labor market in Iraq is closely linked to the development of the private sector and enabling it to perform its true role Read more…

IMF: Iraq needs oil prices above $90 per barrel

IMF: Iraq needs oil prices above $90 per barrel

2025-04-09 00:25

Shafaq News/ The International Monetary Fund revealed on Wednesday that Iraq needs an oil price above $92 per barrel to achieve a balanced budget for 2025.

According to the fund, which revealed in a table the oil price OPEC countries need to balance their national budgets for 2025, Read more…

Al-Sudani presents huge investment opportunities to the American Chamber of Commerce.

Al-Sudani presents huge investment opportunities to the American Chamber of Commerce.

2025-04-09 05:51

Shafaq News/ Iraqi Prime Minister Mohammed Shia al-Sudani received a large economic delegation from the American Chamber of Commerce on Wednesday, including a number of American company presidents and investors, in the presence of the Chargé d’Affaires at the US Embassy in Iraq.

His office Read more…

With the possibility of external financing, Iraq signs two memoranda of understanding with the United States on electricity and trade.

With the possibility of external financing, Iraq signs two memoranda of understanding with the United States on electricity and trade.

2025-04-09 06:38

Shafaq News/ Iraq signed two memoranda of understanding with the American Chamber of Commerce on Wednesday in the fields of electricity and trade, including the provision of external financing from international banks.

The media office of Iraqi Prime Minister Mohammed Shia al-Sudani said in a statement Read more…

Kirkuk’s billion-dollar deal: Details of the purchase of 20 Tahoe, Land Cruiser, and Lexus vehicles

Kirkuk’s billion-dollar deal: Details of the purchase of 20 Tahoe, Land Cruiser, and Lexus vehicles

2025-04-09 06:46

Shafaq News/ Kirkuk Provincial Council Chairman Mohammed Ibrahim Al-Hafez revealed on Wednesday the details of the purchase of 20 Tahoe, Land Cruiser, and Lexus vehicles for members of the provincial council, the governor, and his two deputies.

Al-Hafez explained to Shafaq News Agency, “The Kirkuk Provincial Council and the Kirkuk Governor submitted a list dedicated to purchasing vehicles, not only for Read more…

“Blame no one but yourselves in the future.” A message to parliamentarians and Iraqis regarding debt.

“Blame no one but yourselves in the future.” A message to parliamentarians and Iraqis regarding debt.

2025-04-09

Economist Manar Al-Abidi commented on Iraq’s rising domestic debt levels, calling on parliamentarians to coordinate efforts to prevent the debt from reaching record levels, placing the responsibility on Iraqis.

Al-Obeidi addressed members of the Iraqi parliament and its finance committee Read more…

Prime Minister’s Advisor: Iraq’s Budget Resilience Despite Global Oil Fluctuations…and the Crisis Is Temporary

Prime Minister’s Advisor: Iraq’s Budget Resilience Despite Global Oil Fluctuations…and the Crisis Is Temporary

2025-04-08

The Prime Minister’s Financial Advisor, Mazhar Mohammed Salih, confirmed on Tuesday that the Iraqi federal budget for the years 2023-2025 has been prepared according to a well-thought-out economic vision that takes into account the fluctuations in the oil market. He stressed that Read more…

Erbil: Asayish warns citizens against using cryptocurrencies and coins

Erbil: Asayish warns citizens against using cryptocurrencies and coins

2025-04-08 08:29

Shafaq News/ The General Directorate of Asayish in Erbil, the capital of the Kurdistan Region, warned citizens on Tuesday against dealing in electronic and metal currencies, “Forex” and “USDT ,” stressing that this type of currency is not Read more…

Al-Tamimi: Corrupt people’s money is supporting US representatives to advance this project.

Al-Tamimi: Corrupt people’s money is supporting US representatives to advance this project.

4-8-2025

Al-Maalomah/Baghdad…
Political analyst Qasim Al-Tamimi said on Tuesday that some corrupt Iraqi politicians in America have been providing financial support to some American representatives to launch a project called “Liberating Iraq from Iran” with the aim of Read more…

Nechirvan Barzani: Technical problems hinder the resumption of Kurdistan Region oil exports.

Nechirvan Barzani: Technical problems hinder the resumption of Kurdistan Region oil exports.

2025-04-08 00:50

Shafaq News/ Kurdistan Region President Nechirvan Barzani attributed the failure to resume oil exports through the pipeline to the Turkish port of Ceyhan on Tuesday to technical problems between Erbil and Baghdad. He also praised the efforts of the federal government, headed by Mohammed Shia al-Sudani, to prevent Iraq from Read more…

JPMorgan announces its readiness to finance investment projects in Iraq.

JPMorgan announces its readiness to finance investment projects in Iraq.

2025-04-08 03:34

Shafaq News/ A delegation representing JPMorgan Chase expressed its willingness to finance a number of investment projects in Iraq, either directly or through partner financial institutions, on Tuesday.

This came during a meeting between Prime Minister Mohammed Shia al-Sudani and a delegation headed by the bank’s Deputy Director, Read more…

A 101-member US delegation from 60 companies in the energy, technology, and health sectors is visiting Iraq.

A 101-member US delegation from 60 companies in the energy, technology, and health sectors is visiting Iraq.

2025-04-08

The US Embassy in Iraq announced details of a 101-member US delegation’s visit to Iraq on Monday.

The embassy said in a statement that “the American Chamber of Commerce, headed by Steve Lutes, led a 101-member delegation of approximately 60 American Read more…

An economist reveals the extent to which Iraq has been affected by US tariffs.

An economist reveals the extent to which Iraq has been affected by US tariffs.

4-7-2025

Information/Baghdad…
Economist Diaa Al-Mohsen revealed the extent to which Iraq has been affected by the tariffs imposed by US President Donald Trump on a number of countries, highlighting the importance of finding alternative markets to mitigate any potential price increases.

Al-Mohsen told Al-Maalouma, “US President Donald Trump has imposed customs Read more…

A parliamentarian reveals the date for the 2025 budget schedules to arrive.

A parliamentarian reveals the date for the 2025 budget schedules to arrive.

4-7-2025

Information / Exclusive:
MP Thaer Makhif revealed on Monday the date for the 2025 budget schedules to reach Parliament, confirming that it will be submitted to the Council by the end of this week or early next week.

“The 2025 budget schedules are expected to reach the House of Representatives in the coming days, specifically by the end of this week Read more…

Al-Sudani announces a 128% increase in customs revenues and a 22% increase in tax revenues.

Al-Sudani announces a 128% increase in customs revenues and a 22% increase in tax revenues.

2025-04-07 03:52

Shafaq News/ Iraqi Prime Minister Mohammed Shia al-Sudani announced on Monday that customs revenues increased by about 128% and tax revenues by about 22%, higher than previous years. He also expressed the government’s readiness to support all local and international entities, institutions, and companies to develop the banking sector and achieve financial Read more…

The Agriculture Parliamentary Committee calls for doubling water desalination projects in 10 governorates.

The Agriculture Parliamentary Committee calls for doubling water desalination projects in 10 governorates.

4-6-2025

Information/Baghdad:
The Parliamentary Agriculture and Water Committee stressed on Sunday the need to double water desalination projects in ten Iraqi governorates to address the escalating drought crisis.

Committee member MP Thaer al-Jubouri told Al-Maalouma, “The water scarcity in a number of Iraqi governorates, especially Read more…

Al-Sudani issues four directives to protect the Iraqi economy.

Al-Sudani issues four directives to protect the Iraqi economy.

04/06/2025

As part of the government’s efforts to strengthen the economy and protect it from the repercussions of global economic measures, Prime Minister Mohammed Shia al-Sudani issued four directives during a meeting he chaired Saturday evening. The directives aim to address the economic impact Read more…

A sudden decision: Stopping the supply of dollars to travelers at the official exchange rate.

A sudden decision: Stopping the supply of dollars to travelers at the official exchange rate.

2025/04/06

An informed source reported on Sunday that the relevant authorities have stopped supplying travelers with US dollars at the official exchange rate of 1,320 dinars per dollar.

The source told Al-Furat News, “It was decided to stop supplying Read more…