IRAQI DINAR POLITICS & ECONOMY

Mid-2024.. Iraq leaves government monetary dealing

Mid-2024.. Iraq leaves government monetary dealing

2024, March 17

Today, Sunday, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, set the date for Iraq to leave government cash dealing and switch to 100% electronic collection.

Saleh told Al-Rabaa, “Government collection began at the beginning of this year, and electronic payments have been Read more…

A representative holds Kurdistan responsible for the faltering legislation of the oil and gas law

A representative holds Kurdistan responsible for the faltering legislation of the oil and gas law

3-17-2024

Information / Baghdad..
Member of the Parliamentary Oil, Gas and Natural Resources Committee, Kazem Al-Touki, confirmed today, Sunday, that the approval of the oil and gas law has been stalled due to the high ceiling of claims of the Kurdistan Regional Government.
Al-Touki told Al-Maalouma, “The high ceiling of the region’s demands has hindered Read more…

Al-Maliki: My alliance with Al-Sadr is possible, and the movement’s distance from it is an unhealthy phenomenon

Al-Maliki: My alliance with Al-Sadr is possible, and the movement’s distance from it is an unhealthy phenomenon

3-17-2024

Information/Baghdad..
The leader of the State of Law coalition, Nouri al-Maliki, confirmed his continued efforts to reconcile with the leader of the Sadrist movement, Muqtada al-Sadr, indicating that some political parties benefited from the movement’s absence Read more…

Al-Khazali: American forces do not have legal immunity in Iraq, and there are popular demands for their removal

Al-Khazali: American forces do not have legal immunity in Iraq, and there are popular demands for their removal

3-16-2024

Information/private..
Security expert Haitham Al-Khazali confirmed today, Saturday, that the strategic framework agreement stipulates that there is no immunity for American forces inside Iraq, calling on the Iraqi government to expel them from the country.

Al-Khazali told Al-Maalouma, “The United States grants immunity to its forces in every country Read more…

A committee announces that the investment law will soon be presented to the Presidency of Parliament

A committee announces that the investment law will soon be presented to the Presidency of Parliament

3-16-2024

Information / Baghdad..
Today, Saturday, the Parliamentary Investment Committee revealed the final touches to the Industrial Investment Law in order to present it to the Presidency of the House of Representatives, and include it on the agenda for its first reading.

The Vice Chairman of the Committee, Read more…

For the first time, dollarization decreased by 20% in Iraqi markets

For the first time, dollarization decreased by 20% in Iraqi markets

3-16-2024

Chamber of Commerce approved a 20% decrease in dollarization in Iraqi markets during 2024.
The head of the Diyala Chamber of Commerce, Muhammad Al-Tamimi, said in an interview with “Al-Ma’louma”, that “the dollar has turned into the most important trading currency and has the most influence in setting price rules in Iraqi Read more…

Sudanese Advisor: The government has adopted a flexible plan to recover funds and collect bad debts

Sudanese Advisor: The government has adopted a flexible plan to recover funds and collect bad debts

3-16-2024

Information/Baghdad..
Today, Saturday, the financial advisor to the Prime Minister, Mazhar Muhammad Saleh, revealed the contents of a government plan to recover funds and collect bad debts accumulated for historical reasons.
Saleh said in a statement to the official agency, “The government has granted Read more…

It will provide 24 hours of operation.. Electricity confirms the progress of completing smart meters

It will provide 24 hours of operation.. Electricity confirms the progress of completing smart meters

3-16-2024

Information/Baghdad..
The spokesman for the Ministry of Electricity, Ahmed Musa Al-Abadi, confirmed on Saturday that the smart meters will be linked to an electronic system, indicating that they will provide 24-hour energy operation.
Al-Abadi said in an interview Read more…

Technical committees work.. Iraq reveals developments in resuming oil exports through Türkiye

Technical committees work.. Iraq reveals developments in resuming oil exports through Türkiye

2024-03-16 01:17

Shafaq News/ On Saturday, the Iraqi Ministry of Oil revealed the latest developments in the work of the technical committees between Baghdad and Erbil to solve the problem of exporting oil from the fields of the Kurdistan Region, through the Turkish port of Ceyhan.

The Ministry’s spokesman, Read more…

Barclays expects the dollar to rise 3% if Trump returns to the White House

Barclays expects the dollar to rise 3% if Trump returns to the White House

3-15-2024

The US dollar is preparing for a 3 percent jump if former US President Donald Trump is re-elected next November, according to forecasts issued by foreign exchange strategists at Barclays Bank.

According to what was reported by Bloomberg, this support that the dollar is waiting for from Trump’s return Read more…

US State Department: We renewed Iraq’s exemption from Iranian sanctions for the 21st time

US State Department: We renewed Iraq’s exemption from Iranian sanctions for the 21st time

2024-03-15 00:15

Shafaq News/ The US State Department confirmed, on Friday, that it had granted Iraq a new exemption within a series of exemptions that it had begun in 2018, to enable Baghdad to purchase energy from Tehran, to secure its electricity needs.

Yesterday, Thursday, the United States renewed Iraq’s exemption Read more…

America clarifies its goal of exempting Iraq from importing Iranian energy!

America clarifies its goal of exempting Iraq from importing Iranian energy!

03-15-2024

The US State Department stated the reason for the exemptions granted to Iraq to import gas and energy from Iran despite the sanctions, noting that the exemptions aim to give Iraq an opportunity to reduce its imports and reduce its dependence on Iran, and Iraq succeeded in reducing its energy imports Read more…

Romanowski: The negotiations focus on the American military presence in Iraq… and announce a “tremendous achievement”

Romanowski: The negotiations focus on the American military presence in Iraq… and announce a “tremendous achievement”

03/14/2024

The US Ambassador to Iraq, Alina Romanowski, confirmed that her country is “committed to Iraq’s security, stability, and sovereignty.”

Romanowski said, in an article, “American and Iraqi leaders are conducting negotiations regarding Read more…

The Oil Committee talks about the latest developments in the oil and gas law legislation

The Oil Committee talks about the latest developments in the oil and gas law legislation

3-14-2024

Information / Baghdad…
A member of the Parliamentary Oil and Natural Resources Committee, Bassem Ngheimesh, announced today, Thursday, that the relevant committees have resolved all technical issues related to the oil and gas law, but he stressed, “There are Read more…

The Union accuses parties in Erbil of obstructing the passage of the oil and gas law

The Union accuses parties in Erbil of obstructing the passage of the oil and gas law

3-14-2024

Information / Baghdad…
The Patriotic Union of Kurdistan confirmed, on Thursday, that it accuses political parties in Erbil of obstructing the agreement with Baghdad on the oil and gas law.

A member of the advanced cadre of the Patriotic Union of Kurdistan, Ghiyath Al-Surji, told Al-Ma’louma, “There is no seriousness Read more…

Al-Baldawi: Disagreements are an obstacle to legislating the oil and gas law

Al-Baldawi: Disagreements are an obstacle to legislating the oil and gas law

3-14-2024

Information / Baghdad
Representative Muhammad Al-Baldawi confirmed today, Thursday, that political differences were behind the failure to pass the oil and gas law.
Al-Baldawi told Al-Maalouma, “Approving the oil and gas law requires Read more…

Revealing a movement to lift US sanctions on Iraqi banks

Revealing a movement to lift US sanctions on Iraqi banks

3-14-2024

Information/Exclusive.
Today, Thursday, a member of the House of Representatives, Muhammad Al-Sayhoud, revealed a government move to lift the American sanctions imposed on Iraqi banks, while confirming that the work of the Iraqi committees continues on the issue of removing American combat forces Read more…

Report: A new US exemption for Iraq enables Iran to obtain $10 billion

Report: A new US exemption for Iraq enables Iran to obtain $10 billion

2024-03-14 05:26

Shafaq News/ The American “Washington Free Beacon” website revealed that the administration of US President Joe Biden has allowed new exemptions for Iraq to pay the amounts to purchase gas from Iran, indicating that this measure will enable Tehran to obtain more than 10 billion dollars of funds that were frozen Read more…

The Iraqi Finance Department creates an “audit and control” department, and these are its divisions and objectives

The Iraqi Finance Department creates an “audit and control” department, and these are its divisions and objectives

2024-03-14 04:47

Shafaq News/ The Iraqi Ministry of Finance decided, on Thursday, to create an “audit and internal control” department, which will be directly affiliated with the minister.

A government source told Shafaq News Agency, “One of the most important tasks of the department is to follow up on expenditures and funds Read more…

Oil source: 100% repair of the Iraqi-Turkish line

Oil source: 100% repair of the Iraqi-Turkish line

2024-03-13 08:09

Shafaq News/ A source in the North Oil Company, owned by the federal government, revealed on Wednesday that the process of repairing the Iraqi-Turkish line has been completed by 100%, while indicating that the pumping operations depend on government instructions related to resuming exports Read more…