IRAQI DINAR POLITICS & ECONOMY

Article 12 obstructs budget schedules and Parliament is unaware of the size of expenditures and deficit

Article 12 obstructs budget schedules and Parliament is unaware of the size of expenditures and deficit

2025-01-07 03:14

Shafaq News/ Member of the Parliamentary Finance Committee, Jamal Kojer, expected on Tuesday that the budget tables would be sent in February, while he pointed out the possibility of delaying its passage due to disagreements over Read more…

Prime Minister issues government directive to Ministry of Electricity and Oil

Prime Minister issues government directive to Ministry of Electricity and Oil

2025-01-07

Prime Minister Mohammed Shia al-Sudani issued a directive to the Ministry of Electricity today, Tuesday, regarding gas contracting. The Prime Minister’s media office stated in a statement that “Prime Minister Mohammed Shia al-Sudani chaired a meeting today with representatives Read more…

Sharif: America is pushing to secure the presence of its forces inside Iraq

Sharif: America is pushing to secure the presence of its forces inside Iraq

1-6-2025

Information/Baghdad…
Head of the Wujoud Movement, Mohammed Sharif, confirmed on Monday that America is exerting pressure on Iraq in order to secure the presence of its forces in military bases and achieve its goals without any interference or oversight from the Iraqi side.

Sharif told Al-Maalouma, “America moved its pawns towards Iraq in order to Read more…

MP: Parliament knows nothing about 2025 budget schedules

MP: Parliament knows nothing about 2025 budget schedules

1-6-2025

Information / Special..
MP Ahmed Al-Sharmani expressed his concern today, Monday, regarding the delay in sending the 2025 budget tables by the government to the House of Representatives, noting that the parliament is still not aware of the details of these tables until now.

Al-Sharmani said in a statement Read more…

MP: Parliament will dismiss 4 ministers

MP: Parliament will dismiss 4 ministers

1-6-2025

Information/Special..
Member of Parliament Baqir Al-Saadi revealed today, Monday, that there is a parliamentary move to dismiss 4 ministers due to their failure to perform their official duties during the new legislative session, which will begin on January 9.

Al-Saadi said in an interview with Al-Maalouma Agency, “Parliament Read more…

“Changes are coming inevitably”.. What awaits Iraq after January 20?

“Changes are coming inevitably”.. What awaits Iraq after January 20?

2025-01-06 05:38

Shafaq News/ “Changes are coming inevitably, and Iraq will be part of the new Middle East,” this is what a number of observers expect about the next stage after Donald Trump assumes the US presidency on Monday, January 20.

Based on the analysis of the head of the “Political Thinking” Center, Read more…

Exclusive: Iran gives Al-Sudani a green light to act on the future of the factions

Exclusive: Iran gives Al-Sudani a green light to act on the future of the factions

2025-01-06 05:54

Shafaq News/ An informed source reported on Monday that the commander of the Iranian Quds Force, Esmail Qaani, conveyed a message to Baghdad, during his quick visit, that his country does not want to be part of the war, and that it does not have reservations about any decision regarding the Iraqi armed factions, while Read more…

Atheel Al-Nujaifi: Political change in Iraq is coming and Iranian influence will decline for two reasons

Atheel Al-Nujaifi: Political change in Iraq is coming and Iranian influence will decline for two reasons

2025-01-06 03:14

Shafaq News/ The leader of the “United” party, Atheel al-Nujaifi, confirmed today, Monday, that political change in Iraq is “inevitably coming”, while he expected the decline of Iranian influence in Iraq for two reasons.

Al-Nujaifi said, in a post on his personal page, followed by Shafaq News Agency, that “political change in Iraq is inevitably coming,” indicating that “this change may Read more…

The Future of the Iraqi Economy: A Path to Sustainable Development and Economic Diversification

The Future of the Iraqi Economy: A Path to Sustainable Development and Economic Diversification

1-6-2025

Researcher Shaza Khalil
Iraq, a country long associated with oil wealth, is now at a critical economic crossroads. With natural wealth worth over $16 trillion, ranking it ninth in the world in terms of resource reserves, Iraq has the potential to transform Read more…

Economist: Government measures did not close the gap between the official and parallel dollar rates

Economist: Government measures did not close the gap between the official and parallel dollar rates

1-5-2025

Information/Baghdad…
Economic researcher Diaa Abdul Karim said that the government measures regarding government and private banks and issuing decisions regarding exchange companies were not able to close the gap between the official and parallel exchange rate of the dollar.

Abdul Karim told Al-Maalouma, “The parallel exchange rate for the dollar is Read more…

Iran invests over $1 billion in joint oil field with Iraq

Iran invests over $1 billion in joint oil field with Iraq

2025-01-05 04:10

Shafaq News/ The Executive Director of the Azar Oil Field Development Project in the city of Ilam, western Iran, Keyvan Yar Ahmadi, announced on Sunday that the Economic Council has approved the development of the second phase of the field, through new oil contracts with an investment of more than one billion dollars, Read more…

Source: The crisis of delayed salary payments will be repeated in Iraq

Source: The crisis of delayed salary payments will be repeated in Iraq

2025-01-05 01:47

Shafaq News/ An informed source stated today, Sunday, that the delay in disbursing the salaries of Iraqi retirees for the current month of January is due to a shortage of cash liquidity.

The source said in an interview with Shafak News Agency, “The delay in disbursing retirees’ salaries is due to the lack of cash liquidity and the scarcity Read more…

Al-Sudani receives a “special” message from Trump: Syria, Iran and the factions

Al-Sudani receives a “special” message from Trump: Syria, Iran and the factions

2025-01-05

Shafaq News/ An informed political source reported on Saturday that the Iraqi Prime Minister received a message from US President-elect Donald Trump.

The source told Shafaq News Agency that Al-Sudani received a message from Donald Trump through a special envoy on an unannounced visit, which included Read more…

Details of an agreement between Baghdad and Erbil to resume the region’s oil exports revealed

Details of an agreement between Baghdad and Erbil to resume the region’s oil exports revealed

2025-01-05

The Parliamentary Oil and Energy Committee revealed, on Saturday, the details of an agreement between Baghdad and Erbil to resume exporting oil extracted from the fields of the Kurdistan Region of Iraq.

Committee member Nahro Mahmoud said Read more…

Expert: Jordanian and Gulf banks control the Iraqi banking sector and push it towards collapse

Expert: Jordanian and Gulf banks control the Iraqi banking sector and push it towards collapse

1-4-2025

Information / Special..
Economic expert Mustafa Akram Hantoush confirmed today, Saturday, that the banking system is going through a major crisis, pointing out that the Gulf and Jordanian banks have come to control the cash and dollar sector inside Iraq.

Hantoush said in a statement Read more…

Government advisor indicates significant growth in non-oil GDP in 2024

Government advisor indicates significant growth in non-oil GDP in 2024

1-4-2025

Information/Baghdad…
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Saturday, that the growth rates of the non-oil gross domestic product will rise in an unprecedented manner during the year 2024, while indicating Read more…

US official: US will not withdraw from Iraq

US official: US will not withdraw from Iraq

1-4-2025

Information/Translation..
A report by the American website Breaking Defense revealed on Saturday that the main story for the year 2025 will be about developments in the situation in Syria and Lebanon after the regime change and its repercussions on the regional level, where an alliance of armed terrorist groups Read more…

“Oil and Gas Law” resolves pending issues between Baghdad and Erbil

“Oil and Gas Law” resolves pending issues between Baghdad and Erbil

2025-01-04 01:49

Shafaq News/ The Oil and Gas Committee in the Iraqi Parliament considered, on Saturday, that the agreement on the draft “Oil and Gas Law” and sending it from the government to the parliament will contribute to resolving many Read more…

2024 ended without what was planned.. Will Iraq succeed in escaping the “oil curse”?

2024 ended without what was planned.. Will Iraq succeed in escaping the “oil curse”?

2025-01-04 05:41

Shafaq News/ Iraq witnessed a significant increase in non-oil revenues at the end of last year 2024, as it reached 12% of total public revenues compared to non-oil revenues for the year 2023, while economic experts believe that this number is Read more…

US soldier killed in Iraq under ‘mysterious circumstances’

US soldier killed in Iraq under ‘mysterious circumstances’

2025-01-04

The American military magazine Military Magazine revealed, Friday (January 3, 2025), the “death” of a 34-year-old American soldier in Iraq as a result of what it described as “mysterious circumstances.”

The magazine said in a report that “the American soldier from the US state of Indiana, who was stationed in Iraq with forces affiliated with Read more…