IRAQI DINAR POLITICS & ECONOMY

Training a specialized team to manage and operate the Grand Faw Port

Training a specialized team to manage and operate the Grand Faw Port

12-1-2024

Information/Baghdad…
The Ministry of Transport has begun preparing a mechanism to train and qualify a specialized team from the ports to manage the operation and expansion policies of the Grand Faw Port.

The Director of the Ministry’s Media Office, Mitham Al-Safi, told the official newspaper, “The Ministry of Transport has begun preparing a mechanism to Read more…

Al-Fath: America did not enter Iraq to leave it of its own free will

Al-Fath: America did not enter Iraq to leave it of its own free will

12-1-2024

Information/Baghdad…
Al-Fatah Alliance member Ali Aziz confirmed that America entered Iraq with its forces and military vehicles without thinking about leaving its lands, pointing out that these forces will not leave Iraq of their own will, but rather the colonizer will not leave the land on which it is present except through the use of force.

Aziz told Al-Maalouma, “The American withdrawal from Iraq is considered Read more…

Can oil prices be adjusted in the three-year budget?

Can oil prices be adjusted in the three-year budget?

12-1-2024

Information/Special..
Former MP Ahmed Hama Rashid confirmed today, Sunday, the possibility of changing the oil prices approved in the three-year budget law and reducing the deficit gap in it.

Rashid told Al-Maalouma Agency, “The government included a paragraph in the Financial Management Law that allows it to submit Read more…

Parliamentary Finance Committee sets a “national path” to end oil disputes between Baghdad and Erbil

Parliamentary Finance Committee sets a “national path” to end oil disputes between Baghdad and Erbil

2024-12-01 05:30

Shafaq News/ The head of the Parliamentary Finance Committee, Atwan Al-Atwani, announced on Sunday the determination of a “national path” to resolve the oil disputes between Baghdad and Erbil, noting that the committee is preparing a report on amending one of the articles in the General Budget Law.

A statement by the committee Read more…

Parliament is discussing the amendment to the budget law with government officials to proceed with its approval

Parliament is discussing the amendment to the budget law with government officials to proceed with its approval

2024-12-01 02:41

Shafaq News/ The Parliamentary Finance Committee intends to discuss amending the country’s general budget law in the coming days with officials from the federal government and the Kurdistan Regional Government.

This was stated by Faisal Al-Naili, a member of the Parliamentary Finance Committee, to Shafaq News Agency, saying that the committee will hold a meeting Read more…

Iraq breaks silence, demands Iran immediate commitment to gas supply contract

Iraq breaks silence, demands Iran immediate commitment to gas supply contract

2024-12-01 00:25

Shafaq News/ An Iraqi government official confirmed on Sunday that the decision to reduce Iranian gas supplies was “unilateral” and was made suddenly and in violation of the contract concluded between the two countries. He pointed out that the Ministry of Electricity reserves all its contractual rights and demanded that Read more…

Parliamentary Finance: Delaying the sending of budget tables is a legal violation

Parliamentary Finance: Delaying the sending of budget tables is a legal violation

11-30-2024

Information / Special..
Member of the Parliamentary Finance Committee, Mustafa Al-Karawi, revealed today, Saturday, the existence of legal and constitutional violations by the government in sending the budget law to the House of Representatives.

Al-Karawi said in a statement to / Al-Maalouma / agency, “Article 77, paragraph two of the Federal Triennial Budget Law indicated that the government must send Read more…

Recovering nearly 3 billion dinars from the “theft of the century” in Diyala

Recovering nearly 3 billion dinars from the “theft of the century” in Diyala

11-30-2024

Information/ Baghdad..
MP Ahmed Rahim Al-Moussawi revealed, on Saturday, the recovery of about 3 billion dinars from the theft of the century in Diyala.

Al-Moussawi said in an interview with Al-Maalouma, “The theft of funds from accounts belonging to the Diyala Governorate Diwan by employees initially ranged from 7-8 billion dinars. Many of those involved were arrested Read more…

Political coalition: Most ministers failed and change is necessary despite its delay

Political coalition: Most ministers failed and change is necessary despite its delay

11-30-2024

Information/Special..
The Victory Coalition confirmed, today, Saturday, that most ministers failed to perform their duties due to lack of efficiency, stressing the necessity of carrying out a ministerial amendment despite its delay and the short period remaining in the government’s life.

“Many ministers have proven to have failed in their work, and most of them do not Read more…

A specialized website that paints a positive picture of the future of investors’ work in the Iraqi energy sector

A specialized website that paints a positive picture of the future of investors’ work in the Iraqi energy sector

2024-11-30 04:24

Shafaq News/ The “B Media Network” website, which specializes in oil and energy affairs, stated that energy projects in Iraq are moving in the right direction, as international investors have begun to take a new look at the development plans for these projects, while the Iraqi government is working to address the many obstacles Read more…

On the way to legislation, the law to cancel Jordan’s privileges is gradually progressing in parliament

On the way to legislation, the law to cancel Jordan’s privileges is gradually progressing in parliament

2024-11-30

The proposed law to “cancel Jordan’s privileges in Iraq” is making its way to legislation. Since the beginning of October, a number of representatives have been working to legislate this law in parliament to be binding on the government. This is due to Jordan’s position on Read more…

MP calls for three paths after judicial rulings against those involved in stealing tax deposits in the country

MP calls for three paths after judicial rulings against those involved in stealing tax deposits in the country

11-29-2024

Information/Baghdad
MP Haider Al-Salami called on Friday for three paths after judicial rulings were issued against those involved in stealing tax deposits in the country.

Al-Salami said in an interview with Al-Maalouma, “The theft of tax deposits is one of the issues that has stirred public opinion for many months. Recently, judicial rulings were issued against those involved Read more…

Al-Sudani: Foreign investments in Iraq reached 62 billion dollars

Al-Sudani: Foreign investments in Iraq reached 62 billion dollars

2024-11-29

Shafaq News/ Iraqi Prime Minister Mohammed Shia al-Sudani confirmed on Thursday evening that the country has a safe and attractive environment for investment, while pointing out that foreign investments in Iraq amounted to about 62 billion dollars.

This came during Al-Sudani’s participation in the Iraqi-Spanish Economic Forum, Read more…

Rafidain Bank announces suspension of credit activity in the middle of next month

Rafidain Bank announces suspension of credit activity in the middle of next month

2024-11-29

Rafidain Bank announced today, Friday, the suspension of credit activity in the middle of next month. The bank’s media office stated in its statement that “due to the approaching end of the fiscal year and for the purposes of the annual application and to make room for the liquidation of suspensions and the preparation of Read more…

The major embezzlement case in Diyala, the disappearance of 40 billion Iraqi dinars!

The major embezzlement case in Diyala, the disappearance of 40 billion Iraqi dinars!

2024-11-29

The major embezzlement case that took place in Diyala, known as the theft of the century, is still being kept secret without the results of the investigations being announced, as billions of dinars of compensation funds allocated to victims of terrorism were seized.

Reports indicated that the stolen amount reached 9 billion dinars, amid accusations Read more…

Al-Sudani: We are in contact with Trump’s team and will sign several memoranda of understanding with Spain

Al-Sudani: We are in contact with Trump’s team and will sign several memoranda of understanding with Spain

2024/11/28

Prime Minister Mohammed Shia Al-Sudani announced the government’s communication with the team of US President-elect Donald Trump.
Al-Sudani, who arrived in Madrid yesterday evening, said in the most important points of his interview with Read more…

Sudanese advisor: The government has taken decisions that grant privileges to investors

Sudanese advisor: The government has taken decisions that grant privileges to investors

11-28-2024

Information/Baghdad..
The Prime Minister’s Advisor for Industry and Private Sector Development, Hamoudi Al-Lami, announced that the government has taken decisions to grant privileges to investors, while indicating that the facilities include granting tax exemptions.
Al-Lami said in a speech at the Greek-Arab Economic Forum in Athens, Read more…

Iraq.. Increasing fiscal deficit and rising public debt until 2026

Iraq.. Increasing fiscal deficit and rising public debt until 2026

2024-11-28 02:09

Shafaq News/ Fitch Ratings announced Iraq’s rating at “B-” with a stable outlook.

The agency said that Iraq’s rating of “B-” reflects its Read more…

Al-Kadhimi opens fire on “clowns” and “mercenaries” after accusations of “theft of the century”

Al-Kadhimi opens fire on “clowns” and “mercenaries” after accusations of “theft of the century”

2024-11-28

Shafaq News/ The media office of former Prime Minister Mustafa Al-Kadhimi issued a statement today, Thursday, rejecting statements made by a parliamentarian, which linked Al-Kadhimi to the theft of tax deposits, or what is known as the “theft of the century.”

The statement stated that “these accusations, which are being espoused Read more…

Memoranda of Understanding between Iraq and Spain.. Projects worth up to one billion euros

Memoranda of Understanding between Iraq and Spain.. Projects worth up to one billion euros

2024-11-28 00:14

Shafaq News/ Iraqi Prime Minister Mohammed Shia al-Sudani confirmed on Thursday that Iraq is going through a distinguished phase in its relations with Spain, with a mutual desire to strengthen and develop these relations in all fields.

Al-Sudani explained in an interview with Read more…