IRAQI DINAR POLITICS & ECONOMY

Economist: Washington’s policies towards Iraq prevented the revival of its financial resources

Economist: Washington’s policies towards Iraq prevented the revival of its financial resources

2-1-2025

Information / Baghdad..
Economic expert Rashid Al-Hamdani confirmed on Saturday that the United States, since its occupation of Iraq in 2003 until now, has been following an economic policy that has transformed the economic recovery and made its fate linked to the financial policy of the US Federal Reserve through its Read more…

Kurdistan Oil Smuggling: Illicit Revenues Used to Pay Off US Debts

Kurdistan Oil Smuggling: Illicit Revenues Used to Pay Off US Debts

2-1-2025

Information / Baghdad..
The issue of oil smuggling from the Kurdistan Region continues to stir controversy within Iraq, as reports indicate that the regional government is exploiting the financial proceeds from smuggling operations to pay its debts to American oil companies.

Despite the decisions issued by the Federal Court on the necessity Read more…

Central and Southern MPs: Budget amendment will not proceed without responding to our demands

Central and Southern MPs: Budget amendment will not proceed without responding to our demands

2-1-2025

Al-Maalouma/ Exclusive..
Member of the House of Representatives Hadi Al-Salami confirmed on Saturday that the amendment of the general budget will not proceed without responding to the demands of the representatives of the central and southern governorates.
Al-Salami said in an interview with / Al-Maalouma /, that “the representatives of the central and southern governorates formed a unified front that agreed Read more…

Al-Karawi: American pressure to pass the budget amendment

Al-Karawi: American pressure to pass the budget amendment

2-1-2025

Al-Maalouma / Baghdad..
The head of the regulatory body of the popular movement, Hussein Ali Al-Karaawi, revealed today, Saturday, the existence of American pressure to pass the amendment of Article 12 of the budget law.
Al-Karaawi told / Al-Maalouma / agency, “The amendment of Article 12 of the budget law guarantees the disbursement of $ 16 for the cost of extracting Read more…

Parliamentary Finance: 4 billion owed by the region have not been transferred to Baghdad

Parliamentary Finance: 4 billion owed by the region have not been transferred to Baghdad

2-1-2025

Al-Maalouma / Special..
Member of the Parliamentary Finance Committee, Mohammed Nouri, revealed today, Saturday, that the Kurdistan Region has not fully delivered oil and non-oil revenues to the federal government, indicating that there are violations related to the failure to transfer Read more…

For the first time in the history of Iraq .. gold prices exceed 600 thousand dinars per mithqal

For the first time in the history of Iraq .. gold prices exceed 600 thousand dinars per mithqal

2025-02-01 00:43

Shafaq News/ The prices of “foreign and Iraqi” gold rose in the local markets in the capital, Baghdad, and in Erbil, the capital of the Kurdistan Region, today, Saturday (February 1, 2025), to reach more than 600 dinars per mithqal in the local markets, in an increase that reached its highest level in the history Read more…

Why doesn’t Iraq have a “sovereign fund” to get it out of the “rentier economy”?

Why doesn’t Iraq have a “sovereign fund” to get it out of the “rentier economy”?

2025-02-01

As Iraq’s economic challenges continue, calls are growing to establish a US dollar sovereign fund that would be used to invest oil revenues in economic and development projects that would enhance the country’s financial stability.

In this context, Mustafa Akram Hantoush, a researcher in financial and banking affairs, stressed the necessity of establishing such a fund, indicating its importance Read more…

Trump’s Intelligence Nominee: US Invasion of Iraq Was Based on Lies

Trump’s Intelligence Nominee: US Invasion of Iraq Was Based on Lies

1-31-2025

Information/Baghdad…
US President Donald Trump’s nominee for Director of National Intelligence, Tulsi Gabbard, launched a scathing attack on the previous Democratic administration and denounced the invasion of Iraq.
Gabbard said in her speech during her confirmation hearing as National Director of Intelligence Read more…

Iraq is close to achieving self-sufficiency in 6 agricultural crops

Iraq is close to achieving self-sufficiency in 6 agricultural crops

1-31-2025

Information/Baghdad…
The Ministry of Agriculture confirmed, on Thursday, that it had achieved a surplus in the production of several crops and exported them abroad, while indicating that Iraq was close to achieving self-sufficiency in 6 important crops, including Read more…

Three reasons why the budget cannot be amended in parliament

Three reasons why the budget cannot be amended in parliament

1-31-2025

Information/Baghdad
MP Hadi Al-Salami revealed on Friday that there are three reasons preventing the budget amendment from proceeding within the House of Representatives.

Al-Salami said in an interview with Al-Maalouma that “the budget amendment project is a matter of great importance, and we have been dealing with it Read more…

Economist: Iraq’s budget is safe after oil prices rise to more than $75 per barrel

Economist: Iraq’s budget is safe after oil prices rise to more than $75 per barrel

1-31-2025

Information/Baghdad…
Economic researcher Diaa Abdul Karim explained on Friday that Iraq’s budget is safe in light of the rise in oil prices to more than $75 per barrel, with expectations of an increase in production in the coming period.

Abdul Karim told Al-Maalouma, “The decline in US stockpiles prompted Trump to Read more…

“Crucial” meeting in Baghdad regarding salaries of Kurdistan Region employees

“Crucial” meeting in Baghdad regarding salaries of Kurdistan Region employees

2025-01-31 01:03

Shafaq News/ The Kurdistan Regional Government delegation is scheduled to hold a meeting with the federal government in the capital on Friday regarding employee salaries.

Shafaq News Agency correspondent said that the meeting will start after one o’clock in the afternoon at the home of Foreign Minister Fuad Hussein, where the regional Read more…

MP Ahmed Al-Sharmani: Amending the budget led to a “major parliamentary division” and no agreement on it

MP Ahmed Al-Sharmani: Amending the budget led to a “major parliamentary division” and no agreement on it

2025-01-31

Member of the House of Representatives, Ahmed Al-Sharmani, confirmed Thursday, January 30, 2025, that amending the financial budget law sent by the federal government to Parliament led to a “major parliamentary division.”

Al-Sharmani said in a press interview, “The amendment to the budget law, sent by the Iraqi government, led to a major parliamentary division among Read more…

Finance confirms its commitment to adopting digital transformation in transactions

Finance confirms its commitment to adopting digital transformation in transactions

2025-01-30 08:31

Shafaq News/ The Ministry of Finance stressed, on Thursday, the importance of adhering to the recommendations of the Council of Ministers to develop financial and banking performance, as well as emphasizing the acceleration of adopting modern electronic systems in the ministry’s formations.

The ministry said in a press statement Read more…

On Trump’s Table: Iraq’s Rafidain Bank Faces Threat of US Sanctions

On Trump’s Table: Iraq’s Rafidain Bank Faces Threat of US Sanctions

2025-01-30 07:29

Shafaq News/ The US Republican representative renewed his attack on Iraq, this time by demanding sanctions on the government-owned Rafidain Bank, accusing it of being a “machine” for laundering money for the Iranian regime and its agents to Read more…

Politician: The new regional government has no choice but to accept Baghdad’s conditions

Politician: The new regional government has no choice but to accept Baghdad’s conditions

1-30-2025

Information/Baghdad…
Political researcher Qasim Al-Tamimi believes that the region is heading towards a new government, which will face difficult choices that will push it to accept the federal government’s conditions regarding oil and non-oil imports.

Al-Tamimi told Al-Maalouma, “The region continues to smuggle oil Read more…

Al-Khalidi: No ministerial change in Al-Sudani’s government at the present time

Al-Khalidi: No ministerial change in Al-Sudani’s government at the present time

1-30-2025

Information/Baghdad…
Former House of Representatives Rapporteur, Mohamed Osman Al-Khalidi, revealed on Thursday that “there will be no ministerial change in Al-Sudani’s government.”

Al-Khalidi said in an interview with Al-Maalouma, “It is too late to make any ministerial change in Al-Sudani’s government, especially since Read more…

Al-Sakini: There is no reason to fear Trump’s return to the White House

Al-Sakini: There is no reason to fear Trump’s return to the White House

1-30-2025

Information/Baghdad…
Member of the State of Law Coalition Ibrahim Al-Sakini confirmed that there is a great exaggeration of Trump’s personality, statements and threats to the world, pointing out that there is no justification for fear Read more…

Al-Sudani: Economic reforms opened the way for Egyptian companies to operate in Iraq

Al-Sudani: Economic reforms opened the way for Egyptian companies to operate in Iraq

2025-01-30 06:23

Shafaq News/ Prime Minister Mohammed Shia al-Sudani confirmed on Thursday that the economic reforms in all their dimensions have opened the way for Egyptian companies to operate in Iraq.

Al-Sudani said, during his speech at the Iraqi-Egyptian Economic Forum, in the presence of Read more…

Agreement on the government’s version.. Parliament passes the budget amendments on Sunday

Agreement on the government’s version.. Parliament passes the budget amendments on Sunday

2025-01-30 05:30

Shafaq News/ The media department of the House of Representatives published, on Thursday, the parliament’s agenda for its next session on Sunday, which included voting on the first amendment to the budget law. According to an informed source, the political blocs agreed to pass Read more…