IRAQI DINAR POLITICS & ECONOMY

Currency traders expect the dollar to continue falling for three reasons

Currency traders expect the dollar to continue falling for three reasons

2023-04-02 03:47

Shafaq News/ The US dollar continues to decline against the Iraqi dinar, on Sunday, as the stock market in Sulaymaniyah witnessed a drop in its price below 1,500 dinars.

Traders in the currency market told Shafaq News agency, “The exchange rate of the dollar will be parallel to what was set Read more…

An Iraqi government official expects the dollar to drop to 1,400 dinars by the end of the week

An Iraqi government official expects the dollar to drop to 1,400 dinars by the end of the week

2023-04-02 02:57

Shafaq News/ An Iraqi government official expected, on Sunday, that the price of one dollar against the local currency would drop to approximately 1,400 dinars by the end of this week.

In an interview with Shafaq News agency, the official said, “The dollar is witnessing Read more…

Referral of the draft budget law to the Parliamentary Finance Committee to proceed with its legislation

Referral of the draft budget law to the Parliamentary Finance Committee to proceed with its legislation

2023-04-02 00:55

Shafaq News/ First Deputy Speaker of Parliament, Mohsen Al-Mandalawi, referred, on Sunday, the draft federal budget law to the Parliamentary Finance Committee.

Al-Mandalawi’s office said in a brief statement received by Shafaq News agency, “Al-Mandalawi directed to expedite Read more…

Al-Halbousi is accused of bargaining and extortion for refusing to present the budget

Al-Halbousi is accused of bargaining and extortion for refusing to present the budget

4-1-2023

Information / Baghdad..
On Saturday, a member of the Rights Movement, Hussein Ali Al-Karawi, blamed the Parliament Speaker for the delay in approving the law, expressing his regret that the budget was not included on the parliament’s agenda for Read more…

For the first time in years, dollarization is declining in 5 vital sectors in Iraq

For the first time in years, dollarization is declining in 5 vital sectors in Iraq

4-1-2023

Information / Diyala..
The head of the Chambers of Commerce in Diyala, Muhammad al-Tamimi, confirmed, on Saturday, that dollarization decreased in 5 vital sectors in Iraq for the first time in many years.

Al-Tamimi said in an interview with Al-Maalouma, that “the reliance on the dollar Read more…

The path to approving the budget is interrupted by al-Halbousi’s approval.. The impeachment movement is on the doorstep of Parliament

The path to approving the budget is interrupted by al-Halbousi’s approval.. The impeachment movement is on the doorstep of Parliament

4-1-2023

Information / special..
It seems that politics is the art of mastering gains. At a time when the Iraqi people are waiting for good news of approving the budget, and given the many segments dependent on it, the Speaker of the House of Representatives issues a decision to grant himself a leave for two weeks in conjunction with the efforts Read more…

Al-Sudani: The Karbala refinery will provide 70% of Iraq’s need for oil products and $3 billion for the treasury

Al-Sudani: The Karbala refinery will provide 70% of Iraq’s need for oil products and $3 billion for the treasury

2023-04-01 07:13

Shafaq News/ The Prime Minister, Muhammad Shia’a al-Sudani, said that the Karbala oil refinery, which opened today, Saturday, will provide 70% of Iraq’s need for oil products and $3 billion for the treasury.

“The refinery represents a real strategic project implemented for the first time Read more…

Political debate and accusations about obstructing the approval of the financial budget for Iraq

Political debate and accusations about obstructing the approval of the financial budget for Iraq

4-1-2023

Iraqi political parties have warned against the continued obstruction of approving the country’s financial budget for the year 2023, and its repercussions on the country’s interests, stressing that political differences prevent the possibility Read more…

Politician: 3 reasons behind Al-Halbousi’s “sudden” leave

Politician: 3 reasons behind Al-Halbousi’s “sudden” leave

3-31-2023

Information / Baghdad
On Friday, independent politician Adnan Muhammad Al-Tamimi identified three reasons behind Al-Halbousi’s sudden leave.

Al-Tamimi said in an interview with Al-Maalouma, “With the arrival of the budget to the House of Representatives and the imminent delivery of it to Read more…

Al-Bayati: Al-Sudani is continuing with his government program despite some American pressure

Al-Bayati: Al-Sudani is continuing with his government program despite some American pressure

3-31-2023

Information / Baghdad..
Former MP Jassim Al-Bayati confirmed, on Friday, that Prime Minister Muhammad Shia’a Al-Sudani is proceeding with his government program, despite the presence of some American pressure and dissatisfaction with the contracts Read more…

Al-Halbousi closes the doors of his room on the budget and leaves Parliament for 15 days

Al-Halbousi closes the doors of his room on the budget and leaves Parliament for 15 days

3-31-2023

Information / Baghdad…
The federal general budget for the year 2023 is still confined in the dark room of Parliament Speaker Muhammad al-Halbousi, who granted himself a 15-day leave, authorizing his first deputy to replace him in running the parliament sessions, as criticism continued for the delay in the budget, especially since Read more…

Minister of Planning on paying off Iraq’s debts: Only 15% has been paid

Minister of Planning on paying off Iraq’s debts: Only 15% has been paid

3-31-2023

Information / Baghdad..
The Iraqi Deputy Prime Minister and Minister of Planning, Muhammad Tamim, confirmed, on Friday, that only 15% of Iraq’s debts have been paid during the past 10 years.

Tamim said, in an interview followed by Al-Maalouma, that “the draft general budget law for the year 2023 is valid for one year actually, and Read more…

After Al-Halbousi’s vacation… Calls to expedite the approval of the budget and Maliki’s coalition: obstructing it is political malice

After Al-Halbousi’s vacation… Calls to expedite the approval of the budget and Maliki’s coalition: obstructing it is political malice

2023-03-31 05:48

Shafaq News/ Today, Friday, “Al-Azm” coalition called for expediting sending the budget law to the Finance Committee for the purpose of studying it and including it on the Parliament’s agenda.

And the coalition stated in a statement today, that it “calls on the Azm Alliance, the First Deputy Speaker of Parliament and the Deputy Speaker Read more…

An economic center warns against raising fuel prices within the 2023 budget

An economic center warns against raising fuel prices within the 2023 budget

2023-03-30 00:12

Shafaq News/ The Iraqi Political Economic Center warned, on Thursday, of the repercussions of imposing taxes and fees on the prices of gasoline, gas, and oil refinery products within the 2023 budget, noting that people with limited incomes will be the biggest losers Read more…

During 240 sessions…an expert shows the volume of dollar sales required to implement the 2023 budget

During 240 sessions…an expert shows the volume of dollar sales required to implement the 2023 budget

3-30-2023

Information / special..
Today, Thursday, the economist, Nabil Jabbar, explained the volume of dollar currency sales required within a year to implement the 2023 budget, while he stressed that the government may fall into a “critical” situation as a result of its inability to spend Read more…

Finance is discussing with the International Monetary Fund joint cooperation and developing the performance of the banking sector

Finance is discussing with the International Monetary Fund joint cooperation and developing the performance of the banking sector

2023-03-30

The Ministry of Finance discussed with the International Monetary Fund joint cooperation, support for financial reforms, and development of the banking sector’s performance.

And the Ministry of Finance stated in a statement: “Minister Taif Sami Muhammad met with the Regional Director of the International Monetary Fund in Iraq, Read more…

The Central Bank issues a decision regarding the possibility of printing a denomination of 20 thousand dinars during the coming days

The Central Bank issues a decision regarding the possibility of printing a denomination of 20 thousand dinars during the coming days

AM:11:37:29/03/2023

Today, Wednesday, the Central Bank issued a decision regarding the possibility of printing a denomination of 20,000 dinars, expecting a decrease in the difference between the official and parallel exchange rates during the coming period.

The assistant general manager of the investment department in the bank, Read more…

The Democrat reveals a consensus within the state forces to pass the oil law soon

The Democrat reveals a consensus within the state forces to pass the oil law soon

3-29-2023

Information / Baghdad..
The leader of the Kurdistan Democratic Party, Representative Mahma Khalil, confirmed, on Wednesday, the existence of a political consensus within the coalition of state forces to pass the oil and gas law during the current parliamentary session, indicating that this consensus Read more…

The Finance Committee breaks its silence: Al-Halbousi is alone discussing the budget in his private office, far from us

The Finance Committee breaks its silence: Al-Halbousi is alone discussing the budget in his private office, far from us

3-29-2023

Information / special..
A member of the Parliamentary Finance Committee, Mustafa Al-Karawi, accused, on Wednesday, Parliament Speaker Muhammad Al-Halbousi of unilaterally taking power and decisions, while confirming that the budget is in Al-Halbousi’s office and is discussed by members of his office and advisors before Read more…

Al-Marsoumi warns of the delay in approving the budget.. The economic viability will be lost

Al-Marsoumi warns of the delay in approving the budget.. The economic viability will be lost

3-29-2023

Information / special.
Economist Nabil Al-Marsoumi warned, on Wednesday, of the serious repercussions of the suspension of the general budget law, while stressing that it will lose its economic value if the suspension continues for Read more…