IRAQI DINAR POLITICS & ECONOMY

National Union: Time is no longer sufficient for the dialogue on the oil and gas law to mature

National Union: Time is no longer sufficient for the dialogue on the oil and gas law to mature

12-31-2024

Information/Baghdad…
Member of the Patriotic Union of Kurdistan, Burhan Sheikh Raouf, confirmed on Tuesday that there is no longer enough time to mature the dialogues regarding the oil and gas law, noting that the issue will be postponed to the government and the next parliamentary session, as successive governments have failed for about 20 years Read more…

What is holding up the passage of the oil and gas law so far?

What is holding up the passage of the oil and gas law so far?

12-31-2024

Information / Special..
Member of the Parliamentary Oil and Gas Committee, Alaa Al-Haidari, confirmed today, Tuesday, that there is difficulty in approving the oil and gas law due to the absence of a political agreement and the Kurdistan Regional Government’s failure to abide by the agreements concluded Read more…

Iraqi judiciary recovers 12 billion dinars from a company violating the currency market

Iraqi judiciary recovers 12 billion dinars from a company violating the currency market

2024-12-31 03:40

Shafaq News/ The Supreme Judicial Council announced on Tuesday the recovery of 12 billion Iraqi dinars from one of the companies violating the currency market in Baghdad.

The judiciary media said in a statement seen by Shafaq News Agency, “The Second Karkh Investigation Court recovered today an amount of 12 billion Iraqi dinars Read more…

“We have fully fulfilled our obligations.” Masrour Barzani holds Baghdad responsible for delaying salaries of the region’s employees

“We have fully fulfilled our obligations.” Masrour Barzani holds Baghdad responsible for delaying salaries of the region’s employees

2024-12-31 04:35

Shafaq News/ On Tuesday, the Prime Minister of the Kurdistan Regional Government, Masrour Barzani, held the federal government responsible for delaying the salaries of the region’s employees, stressing that the regional government has fulfilled all its obligations in this regard, while also touching on Read more…

Iraq announces implementation of “automation” system at its border crossings

Iraq announces implementation of “automation” system at its border crossings

2024-12-31 05:27

Shafaq News / The Prime Minister’s Media Office announced on Tuesday the completion of the infrastructure to link all border crossings, by starting to use the automation system to facilitate the entry of goods.

The office said in a statement received by Shafaq News Agency, ” In implementation of the directives of Prime Minister Mohammed Shia Al-Sudani, Read more…

Wasting public money and a budget of millions to polish the government’s image

Wasting public money and a budget of millions to polish the government’s image

12-30-2024

Information/ Special
In light of the economic and political crises that Iraq is experiencing, questions are increasing about the government’s priorities in managing public resources. Recent reports indicate the continuation of financial support in the amount of five million Iraqi dinars, allocated by the office of Prime Minister Mohammed Shia al-Sudani Read more…

Ministry of Finance denies any shortage in cash liquidity

Ministry of Finance denies any shortage in cash liquidity

12-30-2024

Information/Baghdad…
The Ministry of Finance denied, on Sunday, the existence of a shortage in liquidity to finance employees’ salaries for the current month, stressing its commitment to financing salaries.

The ministry said in a statement received by / Al-Maalouma /, “The information circulating on social media, which claims Read more…

Al-Eidani: The development project will be handed over to international companies

Al-Eidani: The development project will be handed over to international companies

12-30-2024

Information/ Baghdad..
Member of the Parliamentary Transport and Communications Committee, Ghassan Al-Eidani, revealed today, Monday, that the economic development project will be handed over to international companies.

Al-Eidani said in a statement to Al-Maalouma Agency, “Iraq is moving towards investment towards the path of development,” indicating that “global companies Read more…

Political movement: America imposes its guardianship over Iraq and prevents it from being supplied with weapons

Political movement: America imposes its guardianship over Iraq and prevents it from being supplied with weapons

12-30-2024

Information/Baghdad…
The head of the Wujoud Movement, Muhammad Abu Sa’ida, confirmed that America considers Iraq a country under its guardianship and prevents it from obtaining weapons from some countries, with the aim of keeping it Read more…

Iraqi Ports Announces Total 2024 Revenues, Completion Rates of the “Submerged Tunnel” and the Navigation Canal

Iraqi Ports Announces Total 2024 Revenues, Completion Rates of the “Submerged Tunnel” and the Navigation Canal

2024-12-30 04:17

Shafaq News/ The Director General of the Iraqi Ports Company, Farhan Al-Fartousi, announced on Monday the company’s total revenues during the year 2024, and the completion rates of a number of projects.

Al-Fartousi said during a press conference attended by Shafaq News Agency correspondent, “The company’s total revenues amounted to more than Read more…

Al-Mashhadani hints at postponing the Iraqi elections and reveals a request from Trump to Al-Sudani regarding the “weapon of the factions”

Al-Mashhadani hints at postponing the Iraqi elections and reveals a request from Trump to Al-Sudani regarding the “weapon of the factions”

2024-12-30 00:38

Shafaq News/ The Speaker of the Iraqi Parliament, Mahmoud Al-Mashhadani, said on Monday that the Iraqi parliamentary elections may be postponed in the event of an emergency.

Al-Mashhadani added in an interview with Al-Hadath channel, which was followed by Shafaq News Agency, that “the parliamentary elections will be held on time if Read more…

124 trillion dinars Iraq’s revenues in 10 months and an expert warns of “oil”

124 trillion dinars Iraq’s revenues in 10 months and an expert warns of “oil”

2024-12-29 00:43

Shafaq News/ The Iraqi Ministry of Finance revealed on Sunday that the size of revenues in the federal budget during ten months exceeded 124 trillion dinars, while an economic expert considered that the “excessive” dependence on oil may expose Read more…

“Financial liquidity” delays the disbursement of salaries to Iraqi employees

“Financial liquidity” delays the disbursement of salaries to Iraqi employees

2024-12-29 05:37

Shafaq News/ A government source said on Sunday that the lack of financial liquidity has caused a delay in the disbursement of employees’ salaries.

The source told Shafaq News Agency that employees in most ministries have not received their salaries for the current month of December, despite Read more…

2025 Budget: Legal Crisis and Financial Impacts

2025 Budget: Legal Crisis and Financial Impacts

12-28-2024

Information/Report..
Recently, questions have been raised about the delay in presenting the 2025 budget tables to Parliament, with multiple sources confirming that Parliament currently does not have sufficient information or details regarding these tables. This delay raises concerns about compliance with the legal and constitutional deadlines Read more…

Iraq is the world’s first in the density of natural resources.. A new vision for investing resources

Iraq is the world’s first in the density of natural resources.. A new vision for investing resources

2024/12/28

The economic advisor to the Prime Minister, Mazhar Muhammad Salih, revealed a new vision for investment in materials in Iraq.

Saleh told {Euphrates News} that: “What the economic policy in our country is looking forward to is thinking outside the box and providing Read more…

Al-Fath: America doubled its forces in Ain al-Assad in 3 months

Al-Fath: America doubled its forces in Ain al-Assad in 3 months

12-28-2024

Information/Baghdad…
The leader of the Al-Fatah Alliance, Adi Abdul Hadi, confirmed on Saturday that America has doubled its forces in Ain al-Assad in 3 months.

Abdul Hadi said in an interview with Al-Maalouma, “The American media machine reveals from time to time the nature of the increase in forces in Ain al-Assad in the west of the country, although Washington hides any information Read more…

Under the protection of ISIS, an American convoy penetrates the Syrian desert for a distance of 40 km

Under the protection of ISIS, an American convoy penetrates the Syrian desert for a distance of 40 km

12-28-2024

Information/Damascus…
Syrian sources revealed on Saturday that an American convoy penetrated the Deir Ezzor desert for a distance of 40 km under the protection of ISIS.

She said in an interview with Al-Maalouma, “America’s claim to be fighting ISIS is another lie being promoted by the media machine in the White House, but the facts Read more…

Iraq’s Economy in 2024… A Year of Achievements and Failures

Iraq’s Economy in 2024… A Year of Achievements and Failures

2024-12-28 02:12

Shafaq News/ The year 2024 witnessed many notable economic developments in Iraq, including the oil sector and the expansion of energy imports from neighboring countries, in addition to the fluctuations associated with the rise in the dollar price and the continuation of punitive measures against banks participating in the currency auction. The year also witnessed intensive efforts Read more…

Iraq ends 10 months of the year with a deficit of 16 trillion dinars.. and salaries inspire 57% of expenditures

Iraq ends 10 months of the year with a deficit of 16 trillion dinars.. and salaries inspire 57% of expenditures

2024-12-28

The Iraqi state budget recorded a deficit of 16 trillion dinars during the first ten months of this year.

The financial data showed that Iraq spent 140 trillion dinars in 10 months, the highest expenditures were on the current budget and amounted to Read more…

Al-Fatah confirms Baghdad’s commitment to ending foreign presence in Iraq

Al-Fatah confirms Baghdad’s commitment to ending foreign presence in Iraq

2024-12-28

Member of the Fatah Alliance, Ali Al-Fatlawi, commented Friday (December 27, 2024), on the possibility of the Iraqi government requesting an extension of the international coalition’s mission after recent regional developments.

Al-Fatlawi said in a press interview, “The American and other media reports that Read more…