IRAQI DINAR POLITICS & ECONOMY

Nine acting ministers… Intensive meetings over 72 hours to finalize Al-Zidi’s cabinet

Nine acting ministers… Intensive meetings over 72 hours to finalize Al-Zidi’s cabinet

10-10-2026

Information/Baghdad…
A member of the State of Law Coalition, Arif al-Hamami, predicted on Saturday that the remaining ministerial portfolios in Ali al-Zaidi’s government would be finalized this week, noting that a series of important meetings would be held within the next 72 hours.
Al-Hamami explained to Al-Maalouma that “important meetings will be held within the next 72 hours, focusing on finalizing understandings between Read more…

Al-Marsoumi presents the government with financial alternatives to reduce the exchange rate.

Al-Marsoumi presents the government with financial alternatives to reduce the exchange rate.

10-10-2026

Information/Baghdad…
On Saturday, economic expert Nabil Al-Marsoumi presented a package of financial and economic measures that he said represent alternatives to address the financial deficit in Iraq, calling for reducing public expenditures and maximizing non-oil revenues, instead of resorting to reducing the exchange rate of the dinar and burdening the poor and vulnerable groups with the cost of inflation.
In his proposals, reviewed by Al-Maalomah News Agency, Al-Marsoumi stated, Read more…

MP: Private banks are among the biggest beneficiaries of the rise in the dollar exchange rate

MP: Private banks are among the biggest beneficiaries of the rise in the dollar exchange rate

10-10-2026

Information/Baghdad…
MP Thaer Jassim, from the National Approach parliamentary bloc, confirmed on Saturday that private banks are among the main beneficiaries of the rising dollar exchange rate. He pointed out that the decision to raise the exchange rate has caused disruption in local markets and a surge in commodity prices.
Jassim told the Information Agency that “the rise in the dollar exchange rate has directly impacted market activity and prices, placing additional Read more…

A source told Al-Maalomah: Government directives to avoid discussing the negative aspects of raising the dollar exchange rate.

A source told Al-Maalomah: Government directives to avoid discussing the negative aspects of raising the dollar exchange rate.

10-10-2026

Information / Baghdad…
A responsible source within the Iraqi Media Network revealed on Saturday that strict government directives have been issued obligating financial and economic experts and analysts to refrain from discussing the negative consequences of the decision to raise the dollar exchange rate, and to focus exclusively on supporting the decision and promoting its “alleged” advantages. Read more…

Maliki’s coalition calls on political blocs to end the deadlock and finalize the ministerial portfolios.

Maliki’s coalition calls on political blocs to end the deadlock and finalize the ministerial portfolios.

10-10-2026

Information/Baghdad…
MP Inam Hamoudi, from the State of Law Coalition, affirmed on Saturday the coalition’s full commitment to its electoral entitlement in the government formation and its refusal to relinquish the ministerial portfolios allocated to it.
Hamoudi told the Information Agency, “The State of Law Coalition remains committed to its constitutional and electoral right and will not relinquish the ministries that represent its parliamentary entitlement within Read more…

Parliamentary call to eliminate “armies of advisors” and reduce salaries of special grades

Parliamentary call to eliminate “armies of advisors” and reduce salaries of special grades

10-10-2026

The Information Agency / Baghdad –
Member of Parliament, Ahmed al-Shammari, called on the al-Zaidi government on Saturday to conduct a comprehensive and urgent review of the number of advisors serving all officials and to reduce them to reasonable levels. He stressed that reducing government spending must be a top priority in addressing the current financial crisis facing the country.
Al-Shammari told the Information Agency, “Reducing the number of advisors Read more…

Economist: Addressing the deficit begins with rationalizing spending, not by burdening citizens with the cost of the crisis.

Economist: Addressing the deficit begins with rationalizing spending, not by burdening citizens with the cost of the crisis.

10-10-2026

Information/Special…
Economic expert Jalil al-Lami affirmed on Saturday that addressing the financial crisis facing Iraq requires starting with rationalizing government spending and reviewing areas of waste before burdening citizens with additional costs resulting from exchange rate fluctuations and rising prices. He explained that addressing the deficit cannot be limited to measures that affect citizens’ purchasing power.
Al-Lami told Al-Maalouma, “Discussions about a liquidity crisis and inflated operational expenses must be Read more…

Al-Bayati reveals the date the 2027 budget will arrive in Parliament and its most prominent features.

Al-Bayati reveals the date the 2027 budget will arrive in Parliament and its most prominent features.

10-10-2026

Information/Baghdad…
MP Mohammed Qutaiba al-Bayati revealed on Saturday the date the 2027 budget will reach Parliament, and pointed to its most prominent features.
Al-Bayati explained to Al-Maalouma that “according to the information we have, the 2027 budget will reach the Parliamentary Finance Committee this October,” noting that “the budget will be discussed extensively by Read more…

Al-Zaydi announces the launch of the “One Million Plots of Residential Land” project (Homeland Initiative) in Karbala Governorate

Al-Zaydi announces the launch of the “One Million Plots of Residential Land” project (Homeland Initiative) in Karbala Governorate

2026-10-10

Shafaq News – Karbala
Prime Minister Ali Faleh al-Zaidi laid the foundation stone today, Saturday, for the project of one million residential plots (Homeland Initiative) in Karbala Governorate.

Al-Zaydi had arrived earlier in the day in Karbala and met with its governor, Nassif Jassim al-Khattabi.

In mid-September, the National Investment Commission identified the city of Karbala as the first starting point Read more…

Between public anxiety and the experience of 2021… Why do economists rule out a comprehensive wave of inflation after the exchange rate adjustment?

Between public anxiety and the experience of 2021… Why do economists rule out a comprehensive wave of inflation after the exchange rate adjustment?

2026-10-10

Shafaq News – Baghdad
Economic experts ruled out on Saturday that all imported and locally produced goods would be affected by the new exchange rate decision for the dollar against the Iraqi dinar, stressing the importance of monitoring prices in the market and following up on inflation data for the coming months to assess purchasing power and hold the concerned parties accountable in the event of Read more…

Sulaymaniyah tightens control over markets and warns traders against raising prices due to the dollar.

Sulaymaniyah tightens control over markets and warns traders against raising prices due to the dollar.

2026-10-10

Shafaq News – Sulaymaniyah
On Saturday, the joint committees in the Sulaymaniyah Governorate announced the implementation of a large-scale monitoring campaign to inspect food warehouses in the city’s industrial area, with the aim of monitoring prices and ensuring the quality of food and goods offered in the markets.

The head of the joint committees, Baban Ahmed, told a Shafaq News Agency correspondent that the federal government’s recent decision to raise the dollar exchange rate has raised concerns Read more…

Following the rise of the dollar, political understandings are being reached to create new ministries in Iraq.

Following the rise of the dollar, political understandings are being reached to create new ministries in Iraq.

2026-10-10

Shafaq News – Baghdad
Two days after the official exchange rate of the dollar was raised, former MP Amir Al-Maamouri revealed on Friday political understandings towards creating new ministries and separating the Ministry of Culture and Tourism, in a move that raised questions about its administrative and economic feasibility, at a time when the country is facing a financial deficit and increasing pressure on public spending.

Al-Maamouri said in a Facebook post followed by Shafaq News Agency that there is an effort to create two new Read more…

Al-Zaidi will conduct a Gulf tour that includes Saudi Arabia and Kuwait next Wednesday.

Al-Zaidi will conduct a Gulf tour that includes Saudi Arabia and Kuwait next Wednesday.

2026-10-10

Shafaq News – Baghdad
Iraqi Prime Minister Ali al-Zaidi is expected to conduct a Gulf tour next Wednesday, which will include Saudi Arabia, after which he will head to Kuwait.

An informed government source told Shafaq News Agency that Al-Zaidi will discuss with the Gulf states joint security and economic files, as well as Read more…

Ministry of Commerce: Commencement of selling construction materials in cash and installments

Ministry of Commerce: Commencement of selling construction materials in cash and installments

10-10-2026

The Ministry of Trade announced on Saturday the commencement of procedures for the direct sale of construction materials to citizens in cash and in installments. Areej Hussein Al-Jumaili, Director General of the General Company for Trading in Construction Materials, one of the formations of the Ministry of Trade, stated in a statement to the official agency that “the company has begun procedures for the direct sale of construction materials to citizens, in implementation of the directives of Prime Minister Ali Falih Al-Zaidi, Read more…

A crisis expert identifies several ways to generate revenue instead of increasing the value of the dollar.

A crisis expert identifies several ways to generate revenue instead of increasing the value of the dollar.

10-9-2026

Information/Baghdad…
Crisis management expert Ali Jabbar Al-Fariji outlined several paths the government could pursue instead of increasing the dollar exchange rate against the Iraqi dinar and placing the brunt of such decisions on the citizens.
Al-Fariji told Al-Maalouma, “Raising the dollar exchange rate from approximately 1,300 to 1,500 dinars gives the government more dinars in oil revenues. According to estimates in the draft 2027 budget, this could generate Read more…

Al-Saadawi: The region’s share of the budget cannot be increased beyond its allocated quota.

Al-Saadawi: The region’s share of the budget cannot be increased beyond its allocated quota.

10-9-2026

Information/Baghdad…
Former member of the Parliamentary Finance Committee, Abdul Hadi al-Saadawi, confirmed that it is impossible to increase the Kurdistan Region’s share of the budget beyond its allocated and specified portion in the Federal Budget Law.
Al-Saadawi told Al-Maalouma, “The Kurdistan Region has obligations that must be fulfilled regarding the delivery of its revenues in exchange for Read more…

Anbar merchants call for protests against the rising dollar exchange rate

Anbar merchants call for protests against the rising dollar exchange rate

10-9-2026

Information/Anbar..
A number of merchants and shop owners in Anbar province called on Friday for protest demonstrations against the rising exchange rate of the dollar, demanding the cancellation of the decision and a review of its repercussions on local markets and the purchasing power of citizens.

One of the province’s merchants, Taha Ali Al-Dulaimi, told Al-Maalouma News Agency that “a large number of merchants and shop owners called for organizing a protest to demand the cancellation of the decision to raise the dollar exchange rate, given its price Read more…

The coordination framework proposes a package of 4 items to address the effects of the exchange rate change.

The coordination framework proposes a package of 4 items to address the effects of the exchange rate change.

2026-10-09

Shafaq News – Baghdad
On Thursday evening, the Coordination Framework (which brings together the ruling Shiite political forces in Iraq) put forward a package of proposals following the increase in the exchange rate of the dollar against the Iraqi dinar, calling on the government and the Central Bank to start implementing them immediately.

According to a statement issued by the framework Read more…

The first to be affected: The rising dollar threatens the livelihoods of 4 million Iraqi workers.

The first to be affected: The rising dollar threatens the livelihoods of 4 million Iraqi workers.

2026-10-09

Shafaq News – Baghdad
The rise in the dollar exchange rate against the Iraqi dinar is no longer limited to exchange screens, but has begun to affect market activity and citizens’ purchasing power, at a time when commercial and labor circles are talking about a clear decline in sales and demand, amid fears of a widening recession and the impact on job opportunities.

This comes after the dollar exchange rate rose to about 152,000 dinars per 100 dollars, which has led to an increase Read more…

Al-Zaydi imitates his predecessors in raising the dollar exchange rate… Motives and consequences

Al-Zaydi imitates his predecessors in raising the dollar exchange rate… Motives and consequences

2026-10-09

Dr. Shwan Zangana
The Iraqi Council of Ministers, in its twenty-second session, held on 6/10/2026, and based on what was presented by the Minister of Finance and the Governor of the Central Bank, decided to amend the exchange rates of the Iraqi dinar against the US dollar as follows:

1- The price at which the Central Bank of Iraq buys the dinar from the Ministry of Finance is 1500 Iraqi dinars per US dollar.

2- The selling price of the Iraqi dinar by the Central Bank of Iraq to all local banks and Read more…