IRAQI DINAR POLITICS & ECONOMY

Al-Sudani solves the puzzle: An article in the budget prevents the export of oil through Turkey, and we support its amendment

Al-Sudani solves the puzzle: An article in the budget prevents the export of oil through Turkey, and we support its amendment

12-15-2023

Prime Minister Muhammad Shiaa Al-Sudani explained the reason for the continued cessation of oil exports from the Kurdistan region, despite the three parties (Baghdad, Erbil, and Ankara) declaring their readiness to resume pumping.

Al-Sudani said in an interactive dialogue with journalist Othman Biston for the Rudaw channel that an article in the budget is what hinders the Read more…

Petroleum products set the date for ending cash circulation at gas stations

Petroleum products set the date for ending cash circulation at gas stations

12-15-2023

The General Company for Petroleum Products Distribution has set the first quarter of next year as the date for ending cash circulation at gas stations, while clarifying that the citizen’s share of white oil is 200 liters at the height of winter.

Manager In the year of distribution of petroleum derivatives, Hussein Talib, said in a statement, “The new fuel card Read more…

Al-Halbousi’s party is moving legally to restore him to his position

Al-Halbousi’s party is moving legally to restore him to his position

12-15-2023

Baghdad – The “Taqaddum” Party, led by former Parliament Speaker Muhammad al-Halbousi, is making political moves on Wednesday to return its leader to his previous position, in light of political divisions between the Sunni blocs and a raging conflict that hinders agreement on a name for the presidency Read more…

During 2023.. the number of accounts in Iraqi banks will rise by 14%

During 2023.. the number of accounts in Iraqi banks will rise by 14%

2023-12-14 | 02:50

The number of bank accounts in Iraqi banks increased by about 14% during the first nine months of the year 2023, reaching 10.02 million accounts at the end of last September.
The fastest growth rate was for current Read more…

The Federal Court issues a state order to stop and block all pornographic websites in Iraq

The Federal Court issues a state order to stop and block all pornographic websites in Iraq

2023-12-14 03:16

Shafaq News/ On Thursday, the Federal Supreme Court issued a state order to block pornographic websites in all of the Republic of Iraq.

The ruling was issued based on the request submitted by the representative in the Read more…

Filling the president’s void will be completed by Thursday’s sessions… Al-Halbousi is out of the competition and the frame is the heaviest player

Filling the president’s void will be completed by Thursday’s sessions… Al-Halbousi is out of the competition and the frame is the heaviest player

12-14-2023

Information/Baghdad..
Although yesterday’s parliamentary session ended without the Speaker of Parliament passing it, the negotiations are continuing and will be escalated in the coming hours in conjunction with a meeting of Sunni leaders in Baghdad this Read more…

The United Nations praises the efforts of the Iraqi government in combating corruption and money laundering

The United Nations praises the efforts of the Iraqi government in combating corruption and money laundering

12-14-2023

The Executive Director of the United Nations Office on Drugs and Crime praised Iraq’s efforts to combat corruption and money laundering and engage the private sector.

The Integrity Commission said in a statement that the Commission’s Chairman, Read more…

Results of the investigation of the bombing of the American embassy… Major General Rasoul announces the identification of the perpetrators

Results of the investigation of the bombing of the American embassy… Major General Rasoul announces the identification of the perpetrators

2023-12-14

Today, Thursday, December 14, 2023, the spokesman for the Commander-in-Chief of the Armed Forces, Major General Yahya Rasool, announced the results of the investigation into the bombing of the American embassy in the capital, Baghdad, while revealing that the identity of the perpetrators, some of whom are connected to Read more…

The Iraqi budget is threatened with losing one billion dollars this month

The Iraqi budget is threatened with losing one billion dollars this month

12-13-2023

Information / Baghdad..
Economist Nabil Al-Marsoumi expected, on Wednesday, a decline in Iraqi oil revenues during the current month of December.

Al-Marsoumi said in a publication seen by “The Information” that “oil revenues in Iraq are expected to decline by more than Read more…

Al-Bayati: The oil and gas law does not meet the desires of the Kurds

Al-Bayati: The oil and gas law does not meet the desires of the Kurds

12-13-2023

Information / Baghdad…
On Wednesday, former MP Jassim Al-Bayati criticized the region’s policy and his position on the oil and gas law after attempts in recent years to pass it in Parliament, pointing out that the Kurds had obstructed the law in recent periods Read more…

Economic expectations that the dollar will lose 20% of its economic power early next year

Economic expectations that the dollar will lose 20% of its economic power early next year

12-13-2023

Information / Baghdad..
The Diyala Chamber of Commerce confirmed, on Wednesday, that the dollar will lose 20% of its influence in Iraqi markets during 2024.

The head of the Diyala Chamber of Commerce, Muhammad Al-Tamimi, said in an interview with Al-Maalouma, “Washington used the dollar 4 times during 2023 to pressure Baghdad to achieve a Read more…

“COP28” reaches a “historic” agreement.. Iraq: did not commit to the final elimination of fossil fuels

“COP28” reaches a “historic” agreement.. Iraq: did not commit to the final elimination of fossil fuels

2023-12-13 00:23

Shafaq News/ The Director of Environmental Changes at the Ministry of Environment, Yousef Muayyad Al-Hadithi, announced on Wednesday the agreement on the Dubai Climate Declaration.

Al-Hadithi said in a written statement that was circulated to the media, including Shafaq News Agency, that “the announcement did not include any mandatory Read more…

Al-Sadr directs his supporters: Do not attack their “corrupt” elections and preserve Iraq’s stability

Al-Sadr directs his supporters: Do not attack their “corrupt” elections and preserve Iraq’s stability

2023-12-13 05:10

Shafaq News/ On Wednesday, the leader of the Sadrist movement, Muqtada al-Sadr, directed his supporters not to attack electoral centers for the provincial council elections, which he described as “corrupt elections.”

Al-Sadr said in his account Read more…

The Iraqi government: Al-Sudani stressed to Blinken Iraq’s commitment to protecting diplomatic missions and advisors

The Iraqi government: Al-Sudani stressed to Blinken Iraq’s commitment to protecting diplomatic missions and advisors

2023-12-13 23:18

Shafaq News/ Prime Minister Muhammad Shiaa Al-Sudani stressed, on Wednesday, that the Iraqi government is committed to protecting the diplomatic missions located on its territory.

A statement from the Sudanese media office Read more…

Barzani Party: We seek to amend the budget law

Barzani Party: We seek to amend the budget law

12-12-2023

Information/Baghdad..
The Kurdistan Democratic Party parliamentary bloc confirmed, on Tuesday, its effort to amend the general budget law in order to remove the phrase “actual spending” from Read more…

Democratic Party: The current stage requires approving the oil and gas law

Democratic Party: The current stage requires approving the oil and gas law

12-12-2023

Information / Baghdad…
On Tuesday, the representative of the Kurdistan Democratic Party, Sharif Suleiman, stressed the country’s need to pass the oil and gas law in order to avoid problems between the center and the region, pointing to the possibility of Read more…

Parliamentary Finance: Government transactions in non-dollar currencies will contribute to stabilizing its official rate

Parliamentary Finance: Government transactions in non-dollar currencies will contribute to stabilizing its official rate

12-12-2023

Information/Baghdad..
The Parliamentary Finance Committee confirmed, on Tuesday, that the government’s move toward currencies other than the dollar in foreign dealings will contribute to stabilizing its official rate of 1,320 dinars to the dollar.

Committee member Jamal Cougar said in an interview Read more…

80% of the current year’s budget has not yet been spent… parliamentary finances

80% of the current year’s budget has not yet been spent… parliamentary finances

12-12-2023

The Parliamentary Finance Committee said that the government has spent only 20% of the current year’s budget, and expected to release the rest of the budget on December 20, indicating that the government’s move towards currencies other than the dollar will Read more…

The National Bank of Iraq obtains an American loan to finance small and medium-sized companies

The National Bank of Iraq obtains an American loan to finance small and medium-sized companies

2023-12-12 23:03

Shafaq News/ The National Bank of Iraq announced on Tuesday that it had obtained a loan from the American Foundation (DFC) worth $50 million to support small and medium-sized companies in Iraq, indicating the need to Read more…

Iraqi Oil Minister: Fossil fuels will remain the main source of energy in the world

Iraqi Oil Minister: Fossil fuels will remain the main source of energy in the world

2023-12-12 01:54

Shafaq News/ Deputy Prime Minister for Energy Affairs and Iraqi Oil Minister Hayyan Abdul-Ghani, today, Tuesday, defended the production of fossil fuels in response to the recent demands and calls to limit it and even dispense with it, which were issued by the “COP28” climate conference Read more…