IRAQI DINAR POLITICS & ECONOMY

The repercussions of the delayed approval of budget schedules… Who bears responsibility?

The repercussions of the delayed approval of budget schedules… Who bears responsibility?

4-3-2025

Information/Report
Iraq continues to face delays in budget approval, a practice that has become more of the norm than the exception, negatively impacting the country’s economic and administrative situation.

The 2025 budget schedules are still circulating through the government corridors, Read more…

Iraq concludes five largest oil deals in a month

Iraq concludes five largest oil deals in a month

2025-04-03 03:53

Shafaq News/ Iraq topped the list of the top five oil deals in March 2025, thanks to an agreement with the British oil company BP to develop four oil fields in Kirkuk Governorate, which is expected to add approximately Read more…

Government advisor: The 2025 budget includes significant adjustments in spending and deficit.

Government advisor: The 2025 budget includes significant adjustments in spending and deficit.

2025/04/02

The Prime Minister’s advisor for financial affairs, Mazhar Mohammed Saleh, confirmed that “the general budget amendments enhance stability and support the country’s urban renaissance.”
Saleh told Al Furat News Agency that: “The financial and legal flexibility available in the Federal General Budget Law No. 13 Read more…

Final budgets return to the forefront as Parliament awaits the arrival of the 2025 budget schedules.

Final budgets return to the forefront as Parliament awaits the arrival of the 2025 budget schedules.

2025/04/02

Discussion of the final budgets has returned after the Minister of Planning announced the completion of the final accounts for the 2025 budget. Experts believe that the final accounts for the 2024 fiscal year will serve as the basis for approving the 2025 budget.

Financial expert Salah Nouri explained Read more…

US forces install “new” watchtowers around Al-Asad base

US forces install “new” watchtowers around Al-Asad base

4-2-2025

Information/Anbar:
A security source in Anbar province revealed on Wednesday that US forces have deployed more watchtowers around the Ain al-Assad base in western Anbar.

The source told Al-Maalouma News Agency that “US forces have established new security fortifications around the Ain al-Assad airbase in the al-Baghdadi area Read more…

Baghdad teeters between East and West… Who will seize Iraq’s “lost treasure”?

Baghdad teeters between East and West… Who will seize Iraq’s “lost treasure”?

2025-04-02 03:32

Shafaq News/ The British website Oil Price, which specializes in energy affairs, reported on Wednesday that Iraq is witnessing a conflict between the West on the one hand and China and Russia on the other over its oil and gas resources, placing Baghdad at a critical point between the two parties. The website believes that Iraq could be positioned as a strategic Read more…

Betting on the “Port of Faw”… Türkiye is counting on a UAE-Qatari role in Iraq.

Betting on the “Port of Faw”… Türkiye is counting on a UAE-Qatari role in Iraq.

2025-04-02 04:29

Shafaq News/ Turkey Today newspaper highlighted on Wednesday Turkey’s preparations to implement the “Development Road” project with Iraq, noting that Ankara is counting on financial support from the UAE and Qatar to ensure Read more…

Maliki warns against election tampering: Iraq will not return to “the days of coups”

Maliki warns against election tampering: Iraq will not return to “the days of coups”

2025-04-02 05:40

Shafaq News/ The leader of the State of Law Coalition, Nouri al-Maliki, warned on Wednesday against tampering with the upcoming parliamentary elections through political money, stressing that Iraq will not return to the days of coups and Read more…

The impact of delayed oil exports in Kurdistan: a crucial issue for Iraq’s economy and future

The impact of delayed oil exports in Kurdistan: a crucial issue for Iraq’s economy and future

4-2-2025

Researcher Shaza Khalil*
In recent months, Iraq has faced a major dilemma regarding its oil exports, particularly from the Kurdistan region. Despite an agreement between the federal government and the Kurdistan region to resume oil exports more than a month ago, this agreement has yet to be implemented due to Read more…

US recommendation to al-Sudani: Extending UNAMI’s mandate will save Iraq from Israeli strikes.

US recommendation to al-Sudani: Extending UNAMI’s mandate will save Iraq from Israeli strikes.

2025-04-01 05:40

Shafaq News/ The American Wilson Institute called on Iraq to extend the mandate of the UNAMI mission, which is supposed to officially end at the end of 2025. UNAMI was established pursuant to Security Council Resolution 1500 in August 2003 to support Read more…

Rafidain Bank General Manager: Financial technology is the future of the banking sector in Iraq.

Rafidain Bank General Manager: Financial technology is the future of the banking sector in Iraq.

2025-04-01

Rafidain Bank General Manager Ali Al-Fatlawi stated that the bank has witnessed a qualitative transformation in recent years, becoming a pillar of the modern Iraqi banking sector through adopting financial technology, enhancing banking inclusion, and adhering to international standards of integrity and compliance. Al-Fatlawi told the official agency that the success was not merely the result of Read more…

One of Al-Sudani’s security personnel was killed and others were injured in a traffic accident in Wasit.

One of Al-Sudani’s security personnel was killed and others were injured in a traffic accident in Wasit.

3-31-2025

Information / Exclusive:
A source reported on Monday that one of al-Sudani’s bodyguards was killed and others were injured when a vehicle belonging to his convoy overturned in Wasit Governorate.

A source told Al-Maalouma News Agency, “A vehicle belonging to the convoy of Prime Minister Mohammed Shia al-Sudani overturned Read more…

Rafidain Bank CEO: The bank is at the beginning of a new phase with greater influence on the Iraqi financial landscape.

Rafidain Bank CEO: The bank is at the beginning of a new phase with greater influence on the Iraqi financial landscape.

2025/03/31

Rafidain Bank General Manager Ali Al-Fatlawi announced that “the bank is at the beginning of a new phase, one that is more advanced and influential in the Iraqi financial landscape.”
Al-Fatlawi said in a press statement, “The bank has witnessed a qualitative transformation Read more…

Iraq spends $300 million annually on agricultural imports.

Iraq spends $300 million annually on agricultural imports.

3-31-2025

Information/Baghdad…
Former MP Furat al-Tamimi confirmed on Monday that Iraq spends approximately $300 million annually on importing agricultural crops from neighboring countries, despite possessing the potential to achieve self-sufficiency.

Al-Tamimi told Al-Maalouma, “Iraq possesses significant advantages in the agricultural sector Read more…

Eid imposes “emergency” security measures in Iraq

Eid imposes “emergency” security measures in Iraq

2025-03-31 05:16

Shafaq News/ Iraqi security authorities have taken emergency preventive measures to ensure a safe Eid al-Fitr celebration. They have increased security presence on streets and in public areas, provided additional services such as transportation, health, and rescue, and raised awareness among citizens through a series of Read more…

Al-Lami: Achieving gas self-sufficiency will save more than $3 billion annually.

Al-Lami: Achieving gas self-sufficiency will save more than $3 billion annually.

3-30-2025

Information/Baghdad…
MP Ali al-Lami confirmed on Sunday that achieving self-sufficiency in gas to power power plants will save the state treasury more than $3 billion annually.

Al-Lami told Al-Maalouma, “Iraq spends more than three billion dollars annually on Read more…

Parliamentary Committee: Political Disagreements Obstruct Passage of Oil and Gas Law

Parliamentary Committee: Political Disagreements Obstruct Passage of Oil and Gas Law

3-30-2025

Information/Baghdad…
The House of Representatives’ Oil, Gas, and Natural Resources Committee acknowledged on Sunday that political differences are impeding the passage of the oil and gas law, stressing that consensus between Baghdad and Erbil is a Read more…

Military Industry: Weapons and ammunition production saved $700 million for the state treasury.

Military Industry: Weapons and ammunition production saved $700 million for the state treasury.

2025-03-30

The Military Industrialization Authority announced on Sunday a plan to produce mortars, field rocket launchers, and artillery by 2025. Authority Chairman Mustafa Aati told the official news agency that “the Military Industrialization Authority’s factories are in the process of producing new types of light weapons, medium Read more…

After the dissolution of USAID, approximately 90% of Iraqi organizations are threatened with closure.

After the dissolution of USAID, approximately 90% of Iraqi organizations are threatened with closure.

2025-03-29 08:08

Shafaq News/ US financial support for civil society organizations in Iraq is the largest funding they receive, covering nearly 60 percent of the total incoming support compared to other donors. Halting it would be a devastating blow to these organizations, which are preparing to lay off their staff and prepare for Read more…

The government completes the budget schedules amid a deficit that affects jobs and services in Iraq.

The government completes the budget schedules amid a deficit that affects jobs and services in Iraq.

2025-03-29 04:07

Shafaq News/ A government source reported on Saturday that the general budget schedules have been completed and will be submitted to the House of Representatives after the Eid al-Fitr holiday. The source indicated that it will be approximately Read more…