IRAQI DINAR POLITICS & ECONOMY

An economist reveals four reasons behind the delay in submitting the budget.

An economist reveals four reasons behind the delay in submitting the budget.

3-19-2025

Al-Maalouma / Baghdad..
Economic analyst Basil Al-Obaidi revealed, on Wednesday, four reasons behind the delay in submitting the budget.
Al-Obaidi said, in a statement to Al-Maalouma Agency, that “the delay in approving the general budget does not constitute direct Read more…

Iraq relies on three countries to import gas instead of Iran.

Iraq relies on three countries to import gas instead of Iran.

2025-03-19 02:01

Shafaq News/ Iraq is seeking alternative solutions to obtain gas to fuel its power plants, after the United States decided to end the exemption it had granted Baghdad to import this material from Iran.

Negotiations are currently underway with Algeria and Qatar to Read more…

Report: US withdrawal from Iraq is merely a move from Baghdad to Kurdistan

Report: US withdrawal from Iraq is merely a move from Baghdad to Kurdistan

3-18-2025

Al-Maalomah/Translation..
A report by the American political affairs website New Line Institute confirmed on Tuesday that the United States and Iraq announced a two-phase transition plan for the gradual withdrawal of coalition operations in Iraq. However, US forces will remain in the country under the pretext of Read more…

The budget and the Popular Mobilization Forces law are approaching the Iraqi parliament.

The budget and the Popular Mobilization Forces law are approaching the Iraqi parliament.

2025-03-18 05:36

Shafaq News/ Iraqi parliament member, Ibtisam al-Hilali, expected on Tuesday that a vote on the federal budget schedules would be held in the coming days, once the government sends it to parliament. While she denied the existence of appointments, contracts, or wages in the budget, she indicated that there is information about Read more…

The Parliamentary Finance Committee calls for activating tax collection and adopting privatization to boost revenues.

The Parliamentary Finance Committee calls for activating tax collection and adopting privatization to boost revenues.

2025-03-18

The Parliamentary Finance Committee stressed, on Tuesday, the need to activate tax collection mechanisms, stressing that this file remains weak despite the multiple financial resources that could contribute to supporting state revenues. The committee also urged the activation of privatization as a primary option Read more…

“Astronomical amounts”… Rafidain Bank reveals the amounts collected from electronic collection for the year 2024.

“Astronomical amounts”… Rafidain Bank reveals the amounts collected from electronic collection for the year 2024.

2025-03-17

Shafaq News/ The state-run Rafidain Bank announced on Sunday that it achieved more than 6.06 trillion Iraqi dinars from electronic collections during 2024, indicating that the amounts were also high at the beginning of the current year.

In a statement received Read more…

To reduce speculation, a Sudanese advisor reveals a new monetary strategy.

To reduce speculation, a Sudanese advisor reveals a new monetary strategy.

2025/03/17

The Prime Minister’s economic advisor, Mazhar Mohammed Saleh, revealed a new monetary strategy Sunday evening that seeks to reduce speculation.

Saleh said in a statement to Al-Furat News that: “A new monetary strategy aims to gradually attract foreign exchange transactions to the officially regulated banking Read more…

The Iraqi Economy: Challenges and Opportunities in Light of Global Financial Transformations

The Iraqi Economy: Challenges and Opportunities in Light of Global Financial Transformations

2025/03/17

Mazhar Mohammed Saleh, the Prime Minister’s economic advisor, confirmed today, Monday, that the government is working seriously to reduce reliance on the US dollar in domestic trade and promote the use of the Iraqi dinar in financial Read more…

Despite the budget amendments being completed a month and a half ago, there’s a “possible” reason behind the delay in the schedules.

Despite the budget amendments being completed a month and a half ago, there’s a “possible” reason behind the delay in the schedules.

2025-03-17 | 03:49

More than a month and a half has passed since the 2025 budget amendment was passed, but the 2025 schedules have yet to reach Parliament, raising questions about the reasons behind them. The initial obstacle to submitting the schedules was the delay in the budget amendment, but it appears the delay stems from Read more…

The Parliamentary Finance Committee expects the 2025 budget tables to arrive soon.

The Parliamentary Finance Committee expects the 2025 budget tables to arrive soon.

3-17-2025

Information / Baghdad..
MP Jamal Koujar, a member of the Parliamentary Finance Committee, said on Monday that the 2025 budget schedules are likely to reach the House of Representatives soon, indicating that the Ministry of Finance and the government have violated the Financial Management Law by Read more…

International anticipation: Putin and Trump in contact to resolve Ukraine issue

International anticipation: Putin and Trump in contact to resolve Ukraine issue

2025-03-17 04:11

Shafaq News/ Kremlin spokesman Dmitry Peskov announced on Monday that preparations are underway for a phone call between Russian President Vladimir Putin and his US counterpart, Donald Trump, scheduled for Tuesday.

Asked about the possibility of a call between the two leaders, Peskov said Read more…

Al-Sudani receives a phone call from the US Secretary of Defense and affirms: De-escalation and dialogue are the two effective ways to address crises in the Middle East.

Al-Sudani receives a phone call from the US Secretary of Defense and affirms: De-escalation and dialogue are the two effective ways to address crises in the Middle East.

2025-03-17

Prime Minister Mohammed Shia al-Sudani received a phone call on Sunday from US Secretary of Defense Pete Hegseth, during which they discussed the strategic partnership between Iraq and the United States and their shared interest in regional stability and security.

The US Secretary of Defense reviewed developments related to Read more…

After a trial pumping, Kirkuk is ready to resume oil exports to Ceyhan, Turkey.

After a trial pumping, Kirkuk is ready to resume oil exports to Ceyhan, Turkey.

2025-03-16 09:40

Shafaq News/ Sources in Iraq’s North Oil Company revealed on Sunday that Kirkuk is ready to resume crude oil exports via the Turkish port of Ceyhan at an initial rate of up to 100,000 barrels per day, confirming that a “trial” pumping operation is Read more…

Al-Sudani’s advisor: Iraq’s relations with the US are positive and characterized by ongoing cooperation.

Al-Sudani’s advisor: Iraq’s relations with the US are positive and characterized by ongoing cooperation.

3-16-2025

Farhad Alaaldin, the political advisor to the Prime Minister, considered the nature of the relationship between Iraq and the United States to be characterized by positivity and continuous cooperation.

The Prime Minister’s political advisor, Farhad Alaa Al-Din, told the official agency that “the nature of Iraq’s relationship with the United States is characterized by positivity and Read more…

A government advisor reveals the size of Iraq’s foreign reserves.

A government advisor reveals the size of Iraq’s foreign reserves.

3-16-2025

The Prime Minister’s financial advisor, Mazhar Mohammed Salih, confirmed on Sunday that Iraq’s foreign exchange reserves are a safety net against economic fluctuations.
“Iraq’s foreign exchange reserves are one of the most important indicators Read more…

The largest port in the Middle East: Completion date for the first phase of Al-Faw Port

The largest port in the Middle East: Completion date for the first phase of Al-Faw Port

2025/03/16

The Ministry of Transport announced that the first phase of the Grand Faw Port will be completed by the end of 2025.
The Ministry of Transport stated that: “The Grand Faw Port will extend over an area of ​​54 square kilometers, making it the largest in the Middle East,” noting that Read more…

Iraq exports 5 million barrels of oil to America

Iraq exports 5 million barrels of oil to America

3-16-2025

Al-Maalouma / Baghdad..
The US Energy Information Administration announced, on Sunday, that Iraq’s oil exports to the United States amounted to five million barrels during last February.
The administration said in a table seen by Al-Maalouma Agency, that “Iraq exported Read more…

Turkish Energy Minister Arrives in Baghdad for Oil and Gas Talks

Turkish Energy Minister Arrives in Baghdad for Oil and Gas Talks

2025-03-16 04:37

Shafaq News/ Turkish Minister of Energy and Natural Resources Alp Arslan arrived in Baghdad on Sunday, according to a statement issued by the Iraqi Ministry of Oil.

The ministry said in a statement that Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani Al-Sawad received Arslan and his accompanying delegation.

According to the statement, the meeting discussed Read more…

Parliamentary Finance Committee on Budget Delay: The Government Underestimates Parliament’s Role

Parliamentary Finance Committee on Budget Delay: The Government Underestimates Parliament’s Role

2025-03-16 04:27

Shafaq News/ Member of the Parliamentary Finance Committee, Hussein Mounes, confirmed on Sunday that the talk about sending the general budget tables from the Ministry of Finance to the Council of Ministers is still unconfirmed, and there is no accurate information available regarding the veracity Read more…

The spokesman for the Commander-in-Chief announces the preparation of a new strategy to eliminate the remnants of ISIS.

The spokesman for the Commander-in-Chief announces the preparation of a new strategy to eliminate the remnants of ISIS.

2025-03-16

The spokesman for the Commander-in-Chief of the Armed Forces, Sabah al-Numan, declared on Saturday that the security services possess a complete and detailed information base on the remaining ISIS terrorist gangs, especially the first and second level leaders. Al-Numan stated in a statement to the official agency that “the security forces and their intelligence agencies possess a complete information base Read more…