IRAQI DINAR POLITICS & ECONOMY

A political move is expected to finalize the cabinet formation.

A political move is expected to finalize the cabinet formation.

2026/07/07

With the end of the legislative recess and the return of the House of Representatives to its duties, the political arena enters a new phase of dialogues aimed at accomplishing a number of postponed obligations, foremost among them completing the cabinet and resolving the vacant ministries.

Political circles confirm that the next phase will witness momentum in consultations between political forces, in parallel with the government continuing to implement its priorities related to combating corruption and restricting weapons to the state, which will enhance stability and push towards Read more…

An American perspective: Al-Zaydi invokes the “Godfather” to dismantle the deep state in Iraq.

An American perspective: Al-Zaydi invokes the “Godfather” to dismantle the deep state in Iraq.

2026-07-07

Shafaq News – Special Translation
An American report likened Iraqi Prime Minister Ali Faleh al-Zaidi’s anti-corruption campaign to what is known as “Michael Corleone’s moment” in the movie “The Godfather,” questioning whether the ongoing measures represent the beginning of dismantling the entire corruption system, or whether they will be limited to eliminating political opponents.

The Quincy Institute, in its report entitled “The Iraqi Prime Minister Embraces His Inner Michael Corleone,” Read more…

MP: No political pressure on al-Zaidi’s campaign; holding those involved accountable must continue.

MP: No political pressure on al-Zaidi’s campaign; holding those involved accountable must continue.

7-7-2026

The Information Agency / Baghdad –
MP Mohammed Hadi called on Tuesday for support for Prime Minister Ali al-Zaidi’s anti-corruption campaign through the enactment of several laws that strengthen government procedures in prosecuting corrupt individuals, stressing the importance of the Parliament’s oversight role at this stage.
Hadi told the Information Agency that “Prime Minister Ali al-Zaidi’s anti-corruption campaign needs legislative support through the passage of several Read more…

Reuters: India resumes importing Iraqi oil

Reuters: India resumes importing Iraqi oil

7-7-2026

Information/Translation:
Indian state-owned oil refineries have resumed purchasing Iraqi crude oil that would have passed through the Strait of Hormuz, in an indication that the world’s third-largest crude oil importer is seeking to bring in supplies from the Middle East after the strait was temporarily reopened.
A Reuters report, translated by Al-Maalomah News Agency, stated that Mangalore Oil Refinery and Petrochemicals Limited (MRPL), a state-owned company that operates a 300,000-barrel-per-day refinery in southern India, has chartered an oil tanker to load Read more…

Finance: The first phase of the program budget includes electricity and two governorates

Finance: The first phase of the program budget includes electricity and two governorates

2026-07-07

Shafaq News – Baghdad
Iraqi Finance Minister Faleh Sari confirmed on Tuesday that the first phase of the program and performance budget will include the electricity sector and the governorates of Diwaniyah and Salah al-Din, with a gradual expansion to include all state institutions over the next three years.

According to a statement from the Ministry of Finance, which was followed by Shafaq News Agency, this came during a meeting held by the Minister with the Parliamentary Finance Committee today, within the framework of early coordination to prepare the next draft budget in cooperation with the House of Representatives and the World Bank. Read more…

Tensions with Araqchi and restrictions on Khamenei’s funeral procession… Al-Zaydi is leading Iraq away from Iran

Tensions with Araqchi and restrictions on Khamenei’s funeral procession… Al-Zaydi is leading Iraq away from Iran

2026-07-07

Shafaq News – Washington/ Mustafa Hashim
Paul Davis, an American academic and researcher in national security affairs, believes that the Iraqi government is sending clear political messages that reflect a gradual shift in its foreign policy, led by Prime Minister Ali Faleh al-Zaidi, with the aim of reducing Iranian influence and opening up more to the United States and Arab countries.

Davis, an assistant professor at the Institute for World Policy in Washington, told Shafaq News that limiting the funeral ceremonies for former Iranian Supreme Leader Ali Khamenei within Iraq Read more…

During June, Iraq exported one-fifth of its pre-war oil volume.

During June, Iraq exported one-fifth of its pre-war oil volume.

2026-07-07

Shafaq News – Baghdad
Data from Vortexa showed that Iraq exported about 780,000 barrels per day of crude oil during June, which is only about 20% of the quantities it exported before the war, making it one of the Gulf countries that has not recovered its previous levels of production and export.

In contrast, the United Arab Emirates raised its crude oil production to more than 3.8 million barrels per day Read more…

The government’s financial advisor reveals the fate of funds recovered from corrupt individuals.

The government’s financial advisor reveals the fate of funds recovered from corrupt individuals.

7-7-2026

The Prime Minister’s financial advisor, Mazhar Muhammad Salih, confirmed on Tuesday that the funds recovered from corrupt individuals represent exceptional revenues that cannot be relied upon in preparing public budgets. He indicated that these funds will contribute to reducing the deficit gap and financing projects. Salih told the official news agency, “The funds recovered from corrupt individuals are important and non-recurring exceptional revenues, as they cannot necessarily and permanently be Read more…

A corruption deal in the Ministry of Defense has been uncovered, with victims amounting to 1.6 trillion dinars.

A corruption deal in the Ministry of Defense has been uncovered, with victims amounting to 1.6 trillion dinars.

7-7-2026

The head of the Victorious parliamentary bloc, Faleh al-Khazali, announced on Tuesday a corruption deal in the Ministry of Defense that cost 1.6 trillion dinars, and called on Prime Minister Ali al-Zidi to investigate the matter.

Al-Khazali said in a press conference, “While we support the government’s measures to address and confront corruption, we submitted an official letter to Prime Minister Ali al-Zaidi regarding corruption in the Ministry of Defense within a deal to sell scrap metal,” indicating that “the quantity is no less than 4 million tons of iron and may increase.” Read more…

The “dark rooms” plan: a secret movement to dismantle the framework and undermine the government’s leadership.

The “dark rooms” plan: a secret movement to dismantle the framework and undermine the government’s leadership.

7-6-2026

Information / Report..
Political warnings are escalating in Iraq about a “behind-the-scenes” movement led by influential parties to re-engineer the political landscape, through meetings held outside the usual official and diplomatic frameworks.

The warnings indicate that the meetings brought together local leaders with regional and international political and intelligence figures, and their main objective is to redistribute decision-making centers in the country and change the rules Read more…

Warnings of a “dark cover” plot to steal the premiership from the largest political bloc

Warnings of a “dark cover” plot to steal the premiership from the largest political bloc

7-6-2026

Information / Special..
Jassim Mohammed Jaafar, a leader in the State of Law Coalition, revealed on Monday that some political entities are looking to have the position of Prime Minister allocated to them, and are working to change the features of the political map by using external parties to achieve this goal.

Jaafar told Al-Maalomah that “there are political parties moving to redraw the political landscape in a way that serves their interests,” noting that “these efforts are being carried out through coordination and dealings with external parties, with the aim of changing the existing political equation and reaching the premiership.” Read more…

Al-Shabaki: Al-Zaydi fortified himself before carrying out the anti-corruption operation.

Al-Shabaki: Al-Zaydi fortified himself before carrying out the anti-corruption operation.

7-6-2026

Information/Baghdad…
Former MP Mohammed al-Shabaki confirmed that Prime Minister Ali al-Zaidi had protected himself before launching the anti-corruption campaign, noting that the Prime Minister had presented all corruption-related files to political forces before proceeding with the campaign.
Al-Shabaki told Al-Maalouma, “Al-Zaidi launched an anti-corruption campaign targeting primarily political figures, but the operation was not carried out based on political motives. Rather, it was based on judicial rulings Read more…

Calls for al-Zaydi to end the favoritism shown to the region regarding the revenue file

Calls for al-Zaydi to end the favoritism shown to the region regarding the revenue file

7-6-2026

The former MP, Basim al-Gharibawi, asserted on Monday that the Kurdistan Regional Government (KRG) is stalling on the issue of handing over its financial entitlements to the federal government, indicating that this constitutes a violation of the constitution.
Al-Gharibawi told Al-Maalomah news agency, “The KRG has not fulfilled its financial obligations to Baghdad, including oil revenues and border crossing fees, due to the laxity of previous governments and political favoritism.” He added, “Erbil is required to pay all its dues Read more…

MP: Corruption files in arms and food procurement must be opened immediately

MP: Corruption files in arms and food procurement must be opened immediately

7-6-2026

The former deputy head of the parliamentary economic committee, Yasser al-Husseini, called on Prime Minister Ali al-Zaidi on Monday to open an investigation into corruption within the security ministries, particularly in the area of ​​arms procurement.
Al-Husseini told the Information Agency that “there are numerous cases of corruption within the security institutions, especially in the Ministry of Defense, where many corrupt deals have been made, including those related to Read more…

Combating corruption in Iraq: Between judicial resolution and fears of “settlements”

Combating corruption in Iraq: Between judicial resolution and fears of “settlements”

7-6-2026

Information/Baghdad…
Political and parliamentary calls continue for activating anti-corruption measures and holding those involved in squandering public funds accountable, amid warnings against adopting settlements that could weaken anti-corruption efforts and affect public trust in oversight and judicial institutions.
Political analyst Qasim al-Tamimi warned against repeating the mechanisms used in dealing with some corruption cases, which involve recovering funds in exchange for releasing the accused. He considered such procedures potentially raising questions about the seriousness Read more…

An anticipated meeting of the framework… Will the corruption files and the ministerial cabinet be resolved?

An anticipated meeting of the framework… Will the corruption files and the ministerial cabinet be resolved?

7-6-2026

The Victory Coalition, a component of the Coordination Framework, confirmed on Monday that the Framework’s leaders intend to hold a new meeting to discuss three prominent political and security issues.
Coalition spokesman Aqeel al-Rudaini told the Information Agency that “the Coordination Framework leaders will hold a meeting today to discuss three important issues, foremost among them the fight against corruption.”
He added that “the other two issues to be discussed are completing the cabinet Read more…

A human rights center calls for the protection of “whistleblowers” to ensure the success of “Operation Dawn”.

A human rights center calls for the protection of “whistleblowers” to ensure the success of “Operation Dawn”.

2026-07-06

Shafaq News – Baghdad
The Strategic Center for Human Rights confirmed on Monday that about 43% of cross-border corruption cases uncovered globally began through reports submitted by individuals or through internal reporting systems, which confirms that whistleblowers represent the first line of defense in protecting public funds and establishing the principles of integrity and transparency.

The center stated in a statement received by Shafaq News Agency that the national campaign to combat corruption Read more…

Details of the second phase of “Operation Dawn”: Ministers, Directors-General, and MPs on the list

Details of the second phase of “Operation Dawn”: Ministers, Directors-General, and MPs on the list

2026-07-06

Shafaq News – Baghdad
On Monday, Iraqi parliament member Abdullah Al-Khaigani revealed that there was an agreement between Prime Minister Ali Al-Zaidi and the head of the Supreme Judicial Council, Faiq Zaidan, to proceed with holding those involved accountable without targeting any political entity at the expense of another.

Al-Khaigani told Shafaq News Agency that “Al-Zaydi, Zaidan, and the security force carrying out the operations agreed to hold corrupt individuals accountable without Read more…

Tomorrow, al-Zaydi will receive the body of Ali Khamenei at Najaf Airport.

Tomorrow, al-Zaydi will receive the body of Ali Khamenei at Najaf Airport.

2026-07-06

Shafaq News – Baghdad
An informed source reported on Monday that Iraqi Prime Minister Ali al-Zaidi will receive the body of former Iranian Supreme Leader Ali Khamenei at Najaf International Airport on Tuesday evening.

The source told Shafaq News Agency that the reception ceremony will take place with official attendance at Najaf International Airport, without disclosing further details.

In contrast, Iranian media reported that “Khamenei’s family Read more…

After a two-year hiatus, the Iraqi government begins preparing the 2027 budget draft.

After a two-year hiatus, the Iraqi government begins preparing the 2027 budget draft.

2026-07-06

Shafaq News – Baghdad
On Monday, Mazhar Muhammad Salih, advisor to the Iraqi Prime Minister for Financial Affairs, revealed that the Ministry of Finance has begun preparing the draft federal general budget law for 2027, in the first new budget that Iraq has begun preparing after two years without approving a federal budget.

Saleh told Shafaq News Agency that the Ministry of Finance began preparing the draft federal general budget law for 2027 during the month of July, based on the Financial Management Law, Read more…