IRAQI DINAR POLITICS & ECONOMY

Saleh: The rise in oil prices reduces the hypothetical budget deficit

Saleh: The rise in oil prices reduces the hypothetical budget deficit

09-09-2023

The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed on Saturday that the rise in global oil prices reduces the hypothetical deficit in the federal budget.

Saleh said in a statement to the official agency, “The oil markets indicate a tangible rise in the prices of the cycle of oil assets, as Brent crude oil has exceeded Read more…

A Kurdish bloc calls for accelerating the legislation of the oil and gas law

A Kurdish bloc calls for accelerating the legislation of the oil and gas law

9-9-2023

Information / Baghdad..
On Saturday, the Patriotic Union of Kurdistan parliamentary bloc called on the government to expedite the drafting of the oil and gas law, which has been pending since 2005, noting that legislating the law is the only way to end the disputes Read more…

Finance expresses its readiness to implement the budget law and grant 50% of port revenues to Kurdistan

Finance expresses its readiness to implement the budget law and grant 50% of port revenues to Kurdistan

2023-09-09 03:54

Shafaq News/ Minister of Finance, Taif Sami, said on Saturday that there is no consensus between the Federal Border Ports Authority and the Kurdistan Region regarding unifying the pricing of customs duties.

Sami was speaking while she was hosted by the Parliamentary Finance Committee in the Iraqi Parliament and was attended by Read more…

Kirkuk: Mediation for calm… but the “explosion” could happen at any moment

Kirkuk: Mediation for calm… but the “explosion” could happen at any moment

9-9-2023

Various political mediators are moving to control the calm in the city of Kirkuk (north of Baghdad), after violent friction between demonstrators and security forces, which was close to the outbreak of widespread violence.

Although the mediations have so far been able to restore cautious calm Read more…

The budget is “locked up” by the Ministry of Finance… it will be spent after local elections are held for this reason!

The budget is “locked up” by the Ministry of Finance… it will be spent after local elections are held for this reason!

9-8-2023

Political writer Essam Hussein said today, Friday, that until the moment the tripartite budget has not entered into force despite the approval of the Presidency of the Republic, indicating that the reason is the fear of exploiting it electorally, and this does not mean that they are afraid of stealing the budget despite their professionalism in the art of thievery and theft Read more…

Political warnings about Barzani’s attempts to blackmail Baghdad and obstruct the oil and gas law

Political warnings about Barzani’s attempts to blackmail Baghdad and obstruct the oil and gas law

9-8-2023

Information / Baghdad…
Political analyst Ibrahim al-Sarraj warned today, Friday, of Barzani’s attempts to blackmail Baghdad and obstruct the passage of the oil and gas law, with the aim of ensuring that the region obtains concessions that violate Read more…

Its aim is to protect “ISIS”… revealing the secrets of an “advanced mechanism” used by America in Iraq

Its aim is to protect “ISIS”… revealing the secrets of an “advanced mechanism” used by America in Iraq

9-8-2023

Information / Anbar ..
A security source in Anbar province said, on Friday, that the US forces secretly installed jamming devices on aircraft and communications over the hiding places of the criminal organization in the areas of the western Anbar desert.

The source said in a statement to Al-Maalouma agency, “The American forces installed jamming devices on aircraft and communications on the road linking Read more…

A “disturbing” economic vision about the relationship between oil prices and the budget deficit

A “disturbing” economic vision about the relationship between oil prices and the budget deficit

9-8-2023

Information / Baghdad..
Today, Friday (September 8, 2023), economist Nabil Al-Marsoumi confirmed that the oil revenues achieved until August 2023 amounted to 61.513 billion dollars, which is equivalent to 80 trillion dinars, while he indicated that the estimated oil revenues in the 2023 budget = 90 billion dollars, which is equivalent to Read more…

The Iraqi government says that it has fully implemented its financial obligations towards the Kurdistan Region

The Iraqi government says that it has fully implemented its financial obligations towards the Kurdistan Region

2023-09-08 02:11

Shafaq News/ Federal government spokesman Bassem Al-Awadi said on Friday that the government has fully implemented its financial obligations towards the Kurdistan Region, adding that the regional government did not deliver oil and non-oil revenues Read more…

An expected visit by the Sudanese to Kirkuk tomorrow and an extensive security and military deployment to secure it

An expected visit by the Sudanese to Kirkuk tomorrow and an extensive security and military deployment to secure it

2023-09-08 04:18

Shafaq News/ A senior security source in Kirkuk revealed, on Friday, that the Prime Minister and Commander-in-Chief of the Armed Forces, Muhammad Shia’ al-Sudani, is scheduled to visit the governorate tomorrow, Saturday, to discuss the repercussions of the recent events in Kirkuk, while the security forces, reinforced Read more…

An economist showing the possibility of exporting fuel outside Iraq

An economist showing the possibility of exporting fuel outside Iraq

9-7-2023

Information / Baghdad…
Economic affairs researcher Muhammad Al-Saadi explained, on Thursday, the extent to which the government could move towards exporting fuel outside the country and not be content with exporting crude oil only.

Al-Saadi told Al-Maalouma, “Iraq produces more than 4 million barrels Read more…

Political movement: Washington does not want stability in Iraq and is angry with the people’s satisfaction with the government

Political movement: Washington does not want stability in Iraq and is angry with the people’s satisfaction with the government

9-7-2023

Information / Baghdad…
The Secretary-General of the Jihad and Construction Movement, Jawad Rahim Al-Saadi, confirmed on Thursday that America and the enemies of Iraq do not want the stability of the situation, especially the security situation in the country, pointing out that what annoys them most at the present time is the people’s satisfaction Read more…

Iraq exports more than 65 million barrels of oil to the United States in six months

Iraq exports more than 65 million barrels of oil to the United States in six months

07/09/2023

The US Energy Information Administration announced today, Thursday, that Iraq exported 65.737 million barrels of oil to the United States during the first six months of this year.

Iraq’s exports of crude oil and its products to America increased Read more…

“Manipulating the dollar at an Iraqi airport.” A deputy identifies the bank and calls on the Sudanese to intervene

“Manipulating the dollar at an Iraqi airport.” A deputy identifies the bank and calls on the Sudanese to intervene

2023-09-07 06:30

Shafaq News/ The representative of Najaf Governorate, Ahmed Majeed, demanded, on Thursday, the Prime Minister, Muhammad Shia’a Al-Sudani, to intervene to stop the manipulation and embezzlement of the dollar in the Mosul Bank branch at Najaf airport.

Majeed told Shafaq News agency, “The Integrity Commission revealed that Read more…

Al-Tamimi: Al-Halbousi failed and lost his political weight, and he will pay a heavy price in the local elections

Al-Tamimi: Al-Halbousi failed and lost his political weight, and he will pay a heavy price in the local elections

9-6-2023

Information / Baghdad…
Political analyst Qassem Al-Tamimi said, on Wednesday, that Parliament Speaker Muhammad al-Halbousi has failed to fulfill his promises to his fans and has lost his political weight, especially in Anbar, and he will pay a heavy price in Read more…

Parliamentary integrity reveals a “reason” proving Al-Kazemi’s involvement in the “theft of the century”… What is Haitham Al-Jubouri’s relationship?

Parliamentary integrity reveals a “reason” proving Al-Kazemi’s involvement in the “theft of the century”… What is Haitham Al-Jubouri’s relationship?

9-6-2023

Information / Special..
Today, Wednesday, the Parliamentary Integrity Committee revealed a basic reason proving the involvement of the former Prime Minister, Mustafa Al-Kazemi, in stealing tax secretariat funds, while the theft tools were considered “purely governmental.”
Committee member Ali Al-Jamali said, in an interview Read more…

Iraq maintains its 30th position in the world with the largest gold reserves

Iraq maintains its 30th position in the world with the largest gold reserves

2023-09-06 22:44

Shafaq News/ The World Gold Council revealed, on Wednesday, that Iraq has maintained its 30th rank in the world with the largest reserves of the yellow metal.

The most recent table of the Council for the current month of September 2023, seen by Shafaq News agency, showed that Iraq maintained its rank Read more…

Jaafar: Barzani pushed his armed groups to burn the Iraqi flag in Kirkuk to stir up civil war

Jaafar: Barzani pushed his armed groups to burn the Iraqi flag in Kirkuk to stir up civil war

9-5-2023

Information / Baghdad..
On Tuesday, the former Turkmen MP, Jassem Muhammad Jaafar, accused the head of the Kurdistan Democratic Party, Masoud Barzani, of pushing groups affiliated with him to stir up strife inside Kirkuk, indicating that burning the Iraqi flag aims to stir up national strife and ignite civil war.

In a statement to Al-Maalouma, Jaafar said, “Kirkuk governorate, between Read more…

Iraq maintains its credit rating with a stable outlook

Iraq maintains its credit rating with a stable outlook

2023-09-05 02:11

Shafaq News/ A report by Standard & Poor’s Credit Rating Agency (S&P) revealed that Iraq maintained its credit rating at B – / B with a stable outlook, with an emphasis on financial and economic stability.

The report, which was approved by the Iraqi Ministry of Finance and its results Read more…

An expert expects Kuwait to ask Iraq for 6 billion dollars in debt in the event of the cancellation of the “Khor Abdullah” agreement

An expert expects Kuwait to ask Iraq for 6 billion dollars in debt in the event of the cancellation of the “Khor Abdullah” agreement

2023-09-05 00:49

Shafaq News/ The economist, Nabil Al-Marsoumi, predicted, on Tuesday, that Kuwait will ask Iraq for nearly 6 billion US dollars for Diwan, in the event that Baghdad cancels the “Khor Abdullah” agreement concluded with Kuwait.

Al-Marsoumi said Read more…