IRAQI DINAR POLITICS & ECONOMY

Al-Sudani confirms that the government is proceeding with its measures to bypass the US federal conspiracy

Al-Sudani confirms that the government is proceeding with its measures to bypass the US federal conspiracy

7-26-2023

Information / Baghdad..
The leader of the State of Law Coalition, MP Muhammad Saadoun al-Sudani, confirmed on Wednesday that the government would proceed with its economic measures in order to overcome the issue of the high exchange rate of the US dollar Read more…

When will the budget money be spent?

When will the budget money be spent?

7-26-2023

Mazen Sheikh
After the wounded Iraqi people waited for more than 17 months, white smoke finally emanated from the chimney of our long-standing Iraqi parliament, and the members of Parliament announced, through cheers and takbeers, the news of the approval of the budget. In the world, the annual budgets have been delayed or Read more…

From three axes.. Parliamentary movement to amend the investment law

From three axes.. Parliamentary movement to amend the investment law

7-26-2023

Information / Diyala..
Member of the Investment Committee, Muhammad Al-Ziyadi, revealed, on Wednesday, strenuous efforts to amend the investment law in three directions.

Al-Ziyadi said in an interview with Al-Maalouma, that “the investment environment in Iraq needs to be reviewed in order to attract more capital, whether from inside or Read more…

An Iraqi government bank decides to refuse the US dollar to collect insurance

An Iraqi government bank decides to refuse the US dollar to collect insurance

2023-07-26 23:47

Shafaq News/ The government “Al-Rafidain” Bank announced, on Wednesday, that all cash insurances have been collected in the Iraqi dinar currency exclusively for internal credits, bank guarantees and letters of guarantee issued to the benefit of Read more…

Parliament conducts a comprehensive assessment of the parallel dollar market

Parliament conducts a comprehensive assessment of the parallel dollar market

7-25-2023

Information / Baghdad ..
A member of the Parliamentary Finance Committee, Youssef Al-Kalabi, accused the advanced staff of the Central Bank of Iraq of failing to perform his duty in dealing with the dollar crisis.
Al-Kalabi said, in a televised interview, Read more…

A member of Al-Fateh warns against passing the oil and gas law: it serves the region in the first place

A member of Al-Fateh warns against passing the oil and gas law: it serves the region in the first place

7-25-2023

Information / Baghdad…
A member of the Al-Fateh Alliance, Ali Al-Zubaidi, warned, on Tuesday, against passing the oil and gas law in a way that serves the region in the first place, pointing out that the near future portends heated discussions that precede the passage of the aforementioned law.

Al-Zubaidi told Al-Maalouma, “The oil and gas law will regulate the relationship Read more…

Al-Rafidain: financing foreign trade and letters of credit at the official rate of the dollar

Al-Rafidain: financing foreign trade and letters of credit at the official rate of the dollar

2023-07-25 23:50

Shafaq News/ Al-Rafidain Bank announced, on Tuesday, the facilitation of all procedures related to the issuance of documentary credits and the implementation of external bank transfers to customers from merchants and commercial companies for the purposes of financing foreign trade through the electronic platform, at the official Read more…

Economic warning of Iraq’s return to Chapter VII

Economic warning of Iraq’s return to Chapter VII

7-24-2023

Information / Baghdad…
Economic expert Abd al-Hasan al-Shammari warned, on Monday, that Iraq would return to Chapter VII and impose sanctions on it due to banking violations of the Swift system, stressing the importance of diversifying the sources of the economy Read more…

Politician: The oil and gas law is not ready to be passed. It faces many differences

Politician: The oil and gas law is not ready to be passed. It faces many differences

7-24-2023

Information / Baghdad.
Political analyst Qassem Balshan saw, on Monday, that the political mood is not ready to pass important laws such as oil and gas, especially since there are differences regarding it between more than one political party.

Balshan told Al-Maalouma, “The political mood at the present time cannot come up Read more…

Calls for her expulsion.. Al-Fateh calls on the government and parliament to put an end to the movements of the American ambassador

Calls for her expulsion.. Al-Fateh calls on the government and parliament to put an end to the movements of the American ambassador

7-24-2023

Information / Baghdad..
On Monday, the leader of the Fatah Alliance, former MP Hamid al-Moussawi, called on the government and parliament to put an end to the suspicious and public actions of the US ambassador to Baghdad, Alina Romanowski, due to her interference in internal affairs at the political and societal levels and Read more…

Al-Sadr attacks America and its ambassador, Romanowski: she is foolish and plays as she pleases

Al-Sadr attacks America and its ambassador, Romanowski: she is foolish and plays as she pleases

2023-07-24 10:34

Shafaq News / On Sunday, the leader of the Sadrist movement, Muqtada al-Sadr, attacked the United States of America, from its president, Joe Biden, to its ambassador to Iraq, Alina Romanowski.

Al-Sadr wrote in a tweet on Twitter, seen by Shafaq News Agency: “America, even if it claims to be a democratic country, and democracy means Read more…

Politician: Al-Sudani’s steps provoked Washington and provoked the dollar crisis

Politician: Al-Sudani’s steps provoked Washington and provoked the dollar crisis

7-23-2023

Information / Baghdad..
The political observer, Sabah Al-Agaili, confirmed, on Sunday, that the recent steps of the Sudanese Prime Minister, Muhammad Shia’a, regarding the energy file provoked the US administration, which in turn provoked the dollar crisis by Read more…

Iraq reduces its holdings of US bonds to more than $8 billion

Iraq reduces its holdings of US bonds to more than $8 billion

2023-07-22 23:38

Shafaq News / The US Treasury announced, on Sunday, that Iraq has reduced its holdings of US bonds to more than $8 billion during the first five months of 2023.

The treasury said in its latest table seen by Shafaq News Agency, “Iraq reduced its holdings of bonds during the first five months of this year, starting from January Read more…

Al-Fateh warns of suspicious roles played by the US ambassador to Iraq

Al-Fateh warns of suspicious roles played by the US ambassador to Iraq

7-23-2023

Information / Baghdad..
The representative of the Al-Fateh Alliance, Hassan Salem, warned, on Sunday, of the malicious roles played by the Ambassador of the United States of America, Elena Romansky, in Iraq, accusing her of playing suspicious roles targeting the unity Read more…

Al-Barti directs a new accusation against the Kurdish parties: they are trying to thwart the passage of the oil and gas law

Al-Barti directs a new accusation against the Kurdish parties: they are trying to thwart the passage of the oil and gas law

7-23-2023

Information / special.
Today, Sunday, the Kurdistan Democratic Party accused the Patriotic Union and the New Generation of trying to thwart the passage of the oil and gas law, while the latter law was considered “more important” than the federal budget.

“The oil and gas law is more important than the federal budget law, and its approval Read more…

Kurdish deputy: Senior officials in Baghdad are behind the dollar smuggling operation out of Iraq

Kurdish deputy: Senior officials in Baghdad are behind the dollar smuggling operation out of Iraq

2023-07-23 08:13

Shafaq News/ The Kurdish MP, Soran Omar revealed Saturday, that the federal budget law has not yet entered into force, and while he indicated that the regional government will pay the salaries of June from its own imports, he confirmed that “senior officials” are behind the operations of smuggling foreign currency out Read more…

A parliamentary committee is awaiting a meeting with the President of the Kurdistan Region regarding the oil and gas law, which the Sudanese insist on approving

A parliamentary committee is awaiting a meeting with the President of the Kurdistan Region regarding the oil and gas law, which the Sudanese insist on approving

2023-07-23 04:55

Shafaq News/ The Parliamentary Oil and Natural Resources Committee confirmed, on Sunday, that it is awaiting a meeting with the President of the Kurdistan Region, Nechirvan Barzani, to resolve the final version of the oil and gas law, noting at the same time the insistence of the head of the federal government, Muhammad Shia’a al-Sudani, to approve it Read more…

Warnings of catastrophic scenarios due to US interventions

Warnings of catastrophic scenarios due to US interventions

7-22-2023

Information / Baghdad..
Today, Saturday, the leader of the State of Law Coalition, Jassim Muhammad Jaafar, warned of the continuation of American pressure on Iraq, indicating that the scenario of the fall of the government of Adel al-Mahdi may be repeated.

Jaafar said in a statement to Al-Maalouma, “The scenario of overthrowing the government Read more…

Most notably the US Treasury.. The reasons for the rise in dollar prices in the Iraqi markets

Most notably the US Treasury.. The reasons for the rise in dollar prices in the Iraqi markets

7-22-2023

Information / special.
Today, Saturday, the economist Nabil Al-Tamimi explained the relationship of the US Treasury Department with the rise in the exchange rates of the dollar in the local markets, while confirming that there is a great demand for the dollar away from the window for selling Read more…

Iraq achieves self-sufficiency by marketing wheat locally and expects a qualitative boom in production next year

Iraq achieves self-sufficiency by marketing wheat locally and expects a qualitative boom in production next year

2023-07-22 03:13

Shafaq News/ The Minister of Trade, Atheer Al-Ghurairy announced today, Saturday, that the locally marketed quantities of wheat crop for the year 2023 amounted to 5 million and 194 thousand tons, describing this quantity as the “highest” in the history of wheat cultivation Read more…