IRAQI DINAR POLITICS & ECONOMY

A government clarification regarding the size of expenditures and revenues in the budget

A government clarification regarding the size of expenditures and revenues in the budget

2023-01-15

On Saturday, the Ministry of Finance issued a clarification regarding the expected expenditures and revenues within the budget for the year 2023.

The ministry said in a statement that it “monitored many false and incorrect information circulating on social media platforms regarding the volume of Read more…

Currency auction in Iraq.. Total sales drop to 360 million dollars in a week

Currency auction in Iraq.. Total sales drop to 360 million dollars in a week

2023-01-13 22:16

Shafaq News/ The total sales in the currency auction of the Central Bank of Iraq amounted to 360 million dollars during the past week.

Shafaq News agency reporter stated that the Central Bank sold during the past week for the five days in which the auction was opened, starting from Read more…

Al-Darraji: The presence of two prices for the dollar portends a “dangerous” situation

Al-Darraji: The presence of two prices for the dollar portends a “dangerous” situation

1-14-2023

Information/Baghdad..
Former MP and Minister Muhammad Sahib al-Darraji warned, on Saturday, of a “dangerous situation” for the Iraqi economy due to the existence of two prices for the dollar.
Al-Darraji said in a tweet on Twitter, “The uncontrolled rise of the dollar must be Read more…

Deputy: The date for approving the budget will not exceed next month

Deputy: The date for approving the budget will not exceed next month

1-14-2023

Information / Baghdad ..
The representative of the Kurdistan Democratic Party bloc, Mahma Khalil, confirmed, on Saturday, that the approval of the 2023 budget law will not exceed the month of next February, indicating that there are no major obstacles Read more…

Sudanese advisor: The spending ceiling for the budget will reach 200 trillion dinars

Sudanese advisor: The spending ceiling for the budget will reach 200 trillion dinars

1-14-2023

Information / Baghdad..
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, suggested, on Saturday, that the spending ceiling for the current year 2023 budget will reach the barrier of 200 trillion dinars, specifying three directions that will be supported in the event of Read more…

Can Article 140 be applied at the present time? A legal expert explains

Can Article 140 be applied at the present time? A legal expert explains

1-13-2023

Information / Baghdad..
On Friday, legal expert Ali Al-Tamimi explained the measures to be taken by the government and the legislative authority in order to solve the problem of Article 140 and the disputed areas.

Al-Tamimi said in an interview with Al-Maalouma, “The Federal Court, in its decision No. 71 of 2019, affirmed the survival of Article 140 of the constitution Read more…

Independent deputy: We are determined to find solutions to the exchange rate of the dollar

Independent deputy: We are determined to find solutions to the exchange rate of the dollar

1-13-2023

Information / Baghdad..
Independent MP Kazem Al-Touki confirmed, on Friday, that there are parliamentary moves to find remedies and solutions to the crisis of the high exchange rate of the dollar, pointing to the presence of merchants and owners of capital, as well as moves from Washington to raise the value of the dollar Read more…

Al-Fateh: America exerted pressure from the first moment of Al-Sudani’s assumption of power

Al-Fateh: America exerted pressure from the first moment of Al-Sudani’s assumption of power

1-13-2023

Information / special.
A member of the Al-Fateh Alliance, Salam Hussein, confirmed, on Friday, that America is exerting pressure on Iraq, especially after the Sudanese takeover of power, pointing out that Washington is using the dollar as a pressure card on Read more…

America is using the currency weapon against Iraq, and the parliament is preparing for confrontation to thwart Washington’s project

America is using the currency weapon against Iraq, and the parliament is preparing for confrontation to thwart Washington’s project

1-13-2023

Information / Baghdad..
America continues to take its unannounced financial measures against Iraq with the aim of exerting pressure on the government after it came to disappoint its expectations and went towards Iraq’s interest in contracting and completing service projects and heading towards Read more…

Al-Fateh: Selling oil in currencies other than the US dollar is very possible

Al-Fateh: Selling oil in currencies other than the US dollar is very possible

1-13-2023

Information / Baghdad…
The leader of the Al-Fatah Alliance, Uday Abdul-Hadi, confirmed on Friday that selling oil in currencies other than the US dollar is very possible.
Abdel-Hadi said in an interview with Al-Maalouma, that “Washington’s exploitation of the dollar in an attempt to impose its agenda on countries, rob their economic Read more…

State of Law: The 2023 budget will pass in record time

State of Law: The 2023 budget will pass in record time

2023-01-12 09:25

Shafaq News/ A member of the Iraqi Parliament for the State of Law Coalition, Firas Al-Maslamawi, announced Thursday, that the Parliament is seeking to pass the 2023 budget in a record time as soon as it arrives from the government, while he indicated that the amendments Read more…

Al-Fateh: The return of “Siemens” will break Washington’s veto over the energy file

Al-Fateh: The return of “Siemens” will break Washington’s veto over the energy file

2023-01-13

The leader of the Al-Fateh Alliance, Uday Abdul-Hadi, confirmed, on Thursday, that the return of the German company Siemens to Iraq will lead to breaking Washington’s veto.

Abdul-Hadi said in an interview with Al-Maalouma, “Washington adopts a multi-directional agenda in Iraq, the most prominent of which is keeping the electric power file chaotic by thwarting Read more…

Within 11 months.. about 150 trillion dinars, Iraq’s revenues last year

Within 11 months.. about 150 trillion dinars, Iraq’s revenues last year

2023-01-12 00:09

Shafaq News/ The Iraqi Ministry of Finance revealed, on Thursday, that the state’s revenues during the past year amounted to nearly 150 trillion dinars, and a financial surplus exceeded 55 trillion dinars, within 11 months.

According to tables and data issued by the ministry, Read more…

An economist warns of smuggling dollar currency through remittances

An economist warns of smuggling dollar currency through remittances

1-12-2023

Information / Baghdad…
The economic expert, Nasser Al-Kinani, warned against smuggling the dollar currency through private exchange transfers, pointing to the importance of opening credits for merchants and transferring the dollar to the country from which it is Read more…

Parliament calls on the government to expedite the approval of the budget law, and a deputy confirms its completion by the Ministry of Finance

Parliament calls on the government to expedite the approval of the budget law, and a deputy confirms its completion by the Ministry of Finance

2023-01-12 03:48

Shafaq News/ Independent MP, Yasser Al-Husseini announced, on Thursday, the completion of the draft budget law for the year 2023, and it will be discussed in the next cabinet session, while the First Deputy Speaker of Parliament, Mohsen Al-Mandalawi, urged the government Read more…

Al-Sadr returns to the Iraqi scene from the Unified Friday Gate

Al-Sadr returns to the Iraqi scene from the Unified Friday Gate

1-12-2023

The Sadrist movement is preparing to return to the political scene in Iraq after a relatively long period of retreat that sparked widespread confusion about the future of the movement, which is led by the Shiite cleric Muqtada al-Sadr. And the movement took the establishment of unified prayers in the capital, Baghdad, and in the rest of the other provinces (except for Basra) next Friday as an entry point to prepare for this return, which would worry its opponents from the coordination framework, especially the leader of the State of Law coalition, Nuri al-Maliki. Read more…

World Bank: Iraq is among three countries that will record the highest economic growth in 2023

World Bank: Iraq is among three countries that will record the highest economic growth in 2023

2023-01-10 22:50

Shafaq News / The World Bank expects, on Wednesday, that three Arab countries, including Iraq, will witness the highest growth rate during the year 2023.

In a report seen by Shafaq News agency, the bank stated that “the growth of the countries of the region will Read more…

An economist offers a single solution to overcome the dollar crisis

An economist offers a single solution to overcome the dollar crisis

1-11-2023

Information / Baghdad ..
Economic expert Diaa Mohsen confirmed, on Wednesday, that government measures and the Central Bank will not help in overcoming the crisis of the high dollar exchange rate, indicating that the only and best solution is to close Read more…

The regional government: Masrour Barzani and Al-Sudani agreed to solve the files of the budget and the oil and gas law

The regional government: Masrour Barzani and Al-Sudani agreed to solve the files of the budget and the oil and gas law

2023-01-11 04:58

Shafaq News/ The Kurdistan Regional Government announced, on Wednesday, that its President, Masrour Barzani, and the Prime Minister, Muhammad Shia’ al-Sudani, agreed to resolve differences and outstanding issues, including the financial budget for the year 2023 and the oil and gas law, in accordance with Read more…

Including the pricing of medicines in dinars..The Doctors Syndicate calls for 4 measures to counter the rise in the dollar

Including the pricing of medicines in dinars..The Doctors Syndicate calls for 4 measures to counter the rise in the dollar

1-11-2023

Information / Baghdad..
On Wednesday, the Iraqi Doctors Syndicate – Basra branch called on the government to impose a price for buying medicines in Iraqi dinars, warning that the continued rise in the price of the dollar warns of dire Read more…