IRAQI DINAR POLITICS & ECONOMY

Adding 25 billion barrels of oil to the national reserve

Adding 25 billion barrels of oil to the national reserve

6-13-2024

Information/Baghdad…
The Petroleum Exploration Company in the Ministry of Oil added a reserve estimated at 25 billion barrels of oil to national production.

The company’s general manager, Osama Raouf Hussein, told the official newspaper, “This addition will support the Iraqi economy and the Ministry of Oil’s plans for Read more…

Sudanese advisor: The development path is a purely Iraqi idea that will employ 100,000 Iraqis

Sudanese advisor: The development path is a purely Iraqi idea that will employ 100,000 Iraqis

6-13-2024

Information / Baghdad
The political advisor to the Prime Minister, Fadi Al-Shammari, revealed details about the development road project, indicating that it is a purely Iraqi idea.

Al-Shammari said in a statement received by the Maalouma Agency, that “invitations were sent to all neighboring and Gulf countries to participate Read more…

Iraq raises its gold possessions to more than 145 tons

Iraq raises its gold possessions to more than 145 tons

2024-06-13 02:43

Shafaq News/ The World Gold Council announced on Thursday that Iraq has increased its gold holdings to reach more than 145 tons of global gold reserves.

According to the latest table issued by the Council for the month of June, viewed by Shafaq News Agency, the volume of Iraq’s gold possessions reached Read more…

“Unusual”… A government advisor proposes the idea of ​​establishing a sovereign wealth fund

“Unusual”… A government advisor proposes the idea of ​​establishing a sovereign wealth fund

06/12/2024

The economic and financial advisor to the Prime Minister, Mazhar Muhammad Saleh, proposed an “unusual” idea to establish a sovereign wealth fund.

Saleh said {to Al-Furat News} that: “The SWF sovereign wealth funds, which Kuwait started with the Generations Fund since the 1950s, were followed by surplus countries exporting raw materials in general and oil in particular, on the basis of Read more…

Politician: It is too late for Iraq’s request to remove foreign forces

Politician: It is too late for Iraq’s request to remove foreign forces

6-12-2024

Information / Baghdad…
Political analyst Ibrahim Al-Sarraj said on Wednesday that it was too late for Iraq’s request to remove foreign forces from its territory.

Al-Sarraj told Al-Maalouma Agency, “Prime Minister Muhammad Shiaa Al-Sudani announced it explicitly at the Munich Security Conference that Iraq does not need Read more…

Representatives appeal the budget schedules to the Federal Court

Representatives appeal the budget schedules to the Federal Court

6-12-2024

Information / Baghdad..
Today, Wednesday, the head of the Parliamentary Rights Bloc, Saud Al-Saadi, revealed an appeal submitted by a number of representatives to the Federal Court regarding the current year’s budget tables.

Al-Saadi told Al-Maaloma Agency, “There are objections from many members Read more…

Economic: Determining another path to development away from the control of the region

Economic: Determining another path to development away from the control of the region

6-12-2024

Information / Baghdad..
Economic expert Nabil Al-Ali confirmed today, Wednesday, that the negotiations taking place between the federal government, Turkey, and a representative of the Kurdistan region are in order to determine the crossing point to Turkey on the road to development.

Al-Ali told the Maalouma Agency, “The federal government does not control Read more…

Parliamentary Finance explains the reason for postponing the publication of the budget tables after the Eid holiday

Parliamentary Finance explains the reason for postponing the publication of the budget tables after the Eid holiday

6-12-2024

Information / private..
A member of the Parliamentary Finance Committee, Representative Moeen Al-Kadhimi, confirmed on Wednesday that the committee requested that the budget tables be redone before publishing them in the Official Gazette due to the existence of printing errors in the numbers, indicating that the committee is in the process of Read more…

Legal: The Federal Court will vote on the unconstitutionality of the budget tables

Legal: The Federal Court will vote on the unconstitutionality of the budget tables

6-12-2024

Information / private..
Today, Wednesday, legal expert Mosaddeq Adel favored the Federal Court’s vote on the unconstitutionality of the budget schedules, attributing this to the appeals submitted by the representatives.

Adel said in a statement to the “Al-Ma’louma” agency, “The appeals submitted by members of the House of Representatives to the Federal Court regarding the budget Read more…

A new budget account inventory… a statement of the size of salaries and the Kurdistan file

A new budget account inventory… a statement of the size of salaries and the Kurdistan file

2024-06-12 01:20

Shafaq News/ The representative of Sulaymaniyah Governorate in the Iraqi Parliament, Nermin Maarouf, revealed on Wednesday the amount of money allocated to the Kurdistan Region from the country’s general budget.

Marouf said during a press conference attended by Shafaq News Agency, “The size of the country’s general budget this year amounted to (211) trillion, which is a Read more…

The UAE buys oil from Iraq to refine and resell it

The UAE buys oil from Iraq to refine and resell it

2024-06-12 05:15

Shafaq News/ The UAE has increased its purchases of Iraqi oil in order to refine it and resell it on the global market, amid plans to buy more oil from neighboring countries that are rich in energy supplies.

According to ship tracking data, the modernization of one of the refineries allowed Read more…

Anbar Alliance: Al-Halbousi is still pressing to obtain the presidency of Parliament

Anbar Alliance: Al-Halbousi is still pressing to obtain the presidency of Parliament

6-11-2024

Information / Baghdad…
The leader of the United Anbar Alliance, Muhammad Dahham, confirmed on Tuesday that the dismissed Speaker of Parliament, Muhammad al-Halbousi, is pressing towards obtaining the presidency of Parliament or continuing the Council without Read more…

Parliamentary Committee: The investment law will see the light soon

Parliamentary Committee: The investment law will see the light soon

6-11-2024

Information / private..
Member of the Investment and Development Committee, Muhammad Al-Zayadi, confirmed today, Tuesday, that the next legislative term will witness amendments to the investment law.

Al-Ziyadi said in a statement to the Maalouma Agency, “The investment problem is complex and is borne by the government because Read more…

After returning it for the purpose of auditing…the Iraqi facts address Parliament to send the budget schedules

After returning it for the purpose of auditing…the Iraqi facts address Parliament to send the budget schedules

2024-06-11 02:52

Shafaq News/ Ministry of Justice spokesman, Ahmed Laibi, said on Tuesday that the Iraqi Facts Department addressed the House of Representatives with an official letter in order to send the schedules of the Federal Financial Budget Law for the year 2024 in order to publish them in the Official Gazette.

Laibi explained in a statement to Shafaq News Agency, that there are Read more…

The International Monetary Fund expects growth in the Iraqi economy

The International Monetary Fund expects growth in the Iraqi economy

6-10-2024

The head of the International Monetary Fund mission in Iraq, Ghazi Shubaikat, expected growth in the Iraqi economy in light of the reforms adopted by the government, while stressing that Iraq must work to achieve financial sustainability while having the elements to achieve this goal.

Shubaikat said in a statement Read more…

Politician: American forces will remain in the military bases, with only their description changing

Politician: American forces will remain in the military bases, with only their description changing

6-10-2024

Information / Baghdad…
Political analyst Qasim Balshan said on Monday that American forces will not leave Iraqi territory and will remain in the camps while changing the capacity in which they are present inside Iraq.

Balshan told the Maalouma Agency, “There is no actual move to end the presence Read more…

Parliamentary integrity calls for striking the corrupt with an iron hand

Parliamentary integrity calls for striking the corrupt with an iron hand

6-10-2024

Information / Baghdad..
Today, Monday, member of the Parliamentary Integrity Committee, Hamid Al-Shablawi, called for striking with an iron fist those involved in corruption files, while revealing that many corruption files had been referred to the Integrity and Public Prosecution Commission.

Al-Shiblawi told the Maalouma Agency, “There is great turmoil in the Iraqi street Read more…

Iraq’s financial revenues exceed 42 trillion dinars within 4 months

Iraq’s financial revenues exceed 42 trillion dinars within 4 months

2024-06-10 01:19

Shafaq News/ The Iraqi Ministry of Finance revealed, on Monday, that the volume of revenues in the federal budget during four months exceeded 42 trillion dinars, confirming that the oil contribution to the budget remains at about 89%.

Shafaq News Agency followed the data and tables issued Read more…

Al-Moussawi: Foreign workers cause hard currency to leave the country

Al-Moussawi: Foreign workers cause hard currency to leave the country

6-9-2024

Information / Baghdad..
Today, Sunday, Advisor to the Prime Minister for Social Affairs, Sanaa Al-Moussawi, called for urgent and serious measures to be taken to limit the entry of illegal foreign workers.

Al-Moussawi told Al-Maalouma, “Foreign workers cause the withdrawal of hard currency from the country, indicating that Iraq Read more…

Expectations that Mandalawi will continue running Parliament until the end of the current session

Expectations that Mandalawi will continue running Parliament until the end of the current session

6-9-2024

Al-Maalouma/Baghdad…
Member of the State of Law Coalition, Saad Al-Muttalabi, expected today, Sunday, that Acting Speaker of the House of Representatives, Mohsen Al-Mandalawi, will continue running the Council until the end of the current session, in the event that the Sunnis fail to choose a candidate after Read more…