IRAQI DINAR POLITICS & ECONOMY

The Iraqi government announces the establishment of a $150 billion development fund and sets a date for the end of the weapons collection campaign.

The Iraqi government announces the establishment of a $150 billion development fund and sets a date for the end of the weapons collection campaign.

2026-06-10

Shafaq News – Baghdad
Iraqi government spokesman Haider al-Aboudi announced on Wednesday that the cabinet has decided to establish a development fund project with international guarantees and contributions amounting to $150 billion to achieve economic stability through investment. He also revealed that the timeframe for implementing the plan to restrict weapons to the state ends by next September, coinciding with the withdrawal schedule of international coalition forces from the country. Read more…

Iraq is moving towards balancing programs with US support and in coordination with the World Bank.

Iraq is moving towards balancing programs with US support and in coordination with the World Bank.

2026-06-10

Shafaq News – Baghdad
Iraqi Finance Minister Faleh Sari discussed on Wednesday with the US Chargé d’Affaires to Iraq, Joshua Harris, prospects for economic cooperation between Baghdad and Washington and ways to strengthen the partnership with US financial institutions, while both sides affirmed their support for the path of economic and financial reforms.

The Ministry of Finance said in a statement, reported by Shafaq News Agency, that the minister stressed that the government has given the economic file high priority within its program, noting that the next stage will witness Read more…

Erbil announces the formation of a permanent committee with Baghdad to resolve disputes and shows flexibility to resume oil exports.

Erbil announces the formation of a permanent committee with Baghdad to resolve disputes and shows flexibility to resume oil exports.

2026-06-10

Shafaq News – Erbil
On Wednesday, the spokesman for the Kurdistan Regional Government, Peshwa Hawrami, announced that the regional cabinet had proposed to the federal government the formation of a permanent joint committee tasked with resolving outstanding disputes and issues between the two sides, stressing that Baghdad had welcomed this proposal.

Hormani said at a press conference held after a cabinet meeting in Erbil that the practical steps to form this committee will begin soon. Read more…

A US report offers advice to the new Iraqi patriarch on how to ensure the protection of Christians.

A US report offers advice to the new Iraqi patriarch on how to ensure the protection of Christians.

2026-06-10

Shafaq News – Special Translation
The American Foundation for Defense of Democracies presented a warning picture of the situation of Christians in Iraq, considering that the new Patriarch Mar Peter Paul III Nona now bears the burden of preventing the disappearance of the Chaldean Catholic Church, and that Washington’s efforts to strengthen the sovereignty of the Iraqi government will help protect Christians in Iraq.

The American Institute said in a report, translated by Shafaq News Agency, that the inauguration ceremony of Patriarch Mar Peter Paul III Nona bore all the hallmarks of a flourishing church, as the Patriarch was surrounded by Read more…

Baghdad: Meeting of the four presidencies to discuss the “ministerial cabinet,” weapons control, and economic reform

Baghdad: Meeting of the four presidencies to discuss the “ministerial cabinet,” weapons control, and economic reform

2026-06-10

Shafaq News – Baghdad
The four Iraqi presidencies are expected to hold an expanded meeting this Wednesday evening to discuss several important issues concerning the political, security, legal and economic situation in the country.

An informed source told Shafaq News Agency that the meeting, which will include President Nizar Amidi, Prime Minister Ali al-Zaidi, Speaker of Parliament Hebat al-Halbousi, and Chief Justice Faiq Zaidan, will review the legal and constitutional frameworks Read more…

Abdul Latif: The arrest warrants reveal the brazenness of corruption to the point of open declaration.

Abdul Latif: The arrest warrants reveal the brazenness of corruption to the point of open declaration.

6-9-2026

Information/Special..
Former MP Wael Abdul Latif confirmed on Tuesday that the current financial indicators raise many questions about the size of government spending and the mechanisms for managing public funds, noting that talk of declining financial balances despite large oil revenues necessitates opening transparent and professional investigations to reveal the facts to the public.

Abdul Latif told Al-Maalomah News Agency, “Iraq has achieved huge oil revenues in recent years, estimated at hundreds of billions of dollars, but the continuation of service and economic Read more…

A female MP confirms the activation of Parliament’s oversight role… Interrogations and summonses of officials soon

A female MP confirms the activation of Parliament’s oversight role… Interrogations and summonses of officials soon

6-9-2026

Information / Exclusive…
MP Duha al-Bahadli, from the National Approach Bloc, announced on Tuesday that the Parliament intends to activate the parliamentary hearings and interrogations process in the coming period, in addition to forming investigative committees to follow up on corruption and financial waste cases, and to tighten oversight of the performance of government institutions.
Al-Bahadli told Al-Maalouma, “The coming period will witness a broader activation of the oversight tools available to Parliament, including Read more…

The speech reveals the true reasons behind Iraq’s decision to print 25 trillion dinars.

The speech reveals the true reasons behind Iraq’s decision to print 25 trillion dinars.

6-9-2026

Information/Baghdad..
On Monday, Muwaffaq al-Khattab, an expert on Iraqi affairs, revealed the real reasons behind Iraq’s resorting to printing about 25 trillion dinars in light of the difficult economic conditions that Iraq and the region are witnessing.

The statement said in a statement to Al-Maalomah Agency, “Iraq’s resort to printing 25 trillion dinars during the era of former Prime Minister Mohammed Shia Al-Sudani came against the backdrop of Iraq’s approach to the collapse of its economy as a result of Read more…

Al-Abadi’s coalition summarizes the real reasons behind the framework disagreements and affirms its cohesion.

Al-Abadi’s coalition summarizes the real reasons behind the framework disagreements and affirms its cohesion.

6-9-2026

Information / Baghdad..
The spokesman for the Victory Coalition, Aqeel Al-Rudaini, confirmed on Tuesday the existence of disagreements within the forces of the Coordination Framework, adding that these disagreements are very normal and do not pose any threat to its unity and political cohesion.

Al-Rudaini stated in an interview with Al-Maalouma News Agency that “the real reasons behind the disagreements within the Coordination Framework are summarized in a number of issues, Read more…

Al-Bayati: Security ministries are at the forefront of the session to finalize the remaining cabinet positions.

Al-Bayati: Security ministries are at the forefront of the session to finalize the remaining cabinet positions.

6-9-2026

Information/Baghdad…
MP Mohammed al-Bayati confirmed on Tuesday that the remaining ministerial appointments in Ali al-Zaidi’s government will be finalized after the parliamentary recess ends.
Speaking to Al-Maalouma, al-Bayati said, “Parliament is currently in recess, which ends on July 1st.” He added, “After the recess, and in accordance with political agreements, a session will be held to finalize the remaining ministerial portfolios in Ali al-Zaidi’s government, particularly Read more…

State of Law calls for a broad political meeting before al-Zaidi’s visit to Washington

State of Law calls for a broad political meeting before al-Zaidi’s visit to Washington

6-9-2026

The Information Agency / Baghdad –
On Tuesday, Jassim Mohammed Jaafar, a leading figure in the State of Law Coalition, called on Prime Minister Ali al-Zubaidi to hold a broad political meeting prior to his anticipated visit to Washington, D.C. He stressed the need to establish clear national frameworks for negotiation to ensure a productive visit that serves the country’s interests and counters the dictates of the U.S. administration.
Jaafar told the Information Agency, “The visit that the Prime Minister intends to make to Washington soon must be a visit with positive outcomes for Iraq, Read more…

Researcher: The Sudanese government concealed the currency printing process after corruption became rampant.

Researcher: The Sudanese government concealed the currency printing process after corruption became rampant.

6-9-2026

The Iraqi affairs researcher, Muwaffaq al-Khattab, revealed on Tuesday that the previous government, headed by Mohammed Shia al-Sudani, concealed its intention to print 25 trillion dinars in currency to cover the financial deficit resulting from rampant corruption and the deteriorating economic situation in the country. Al-Khattab told the Information Agency that “the decision to print this amount of currency came as a result of Iraq’s approaching economic collapse, amidst escalating corruption cases estimated at billions of dollars without holding those involved accountable.” Read more…

“Population census”: A new card in Erbil’s hand in its confrontation with Baghdad regarding the budget

“Population census”: A new card in Erbil’s hand in its confrontation with Baghdad regarding the budget

2026-06-09

Shafaq News – Sulaymaniyah
On Tuesday, Shwan Kamal, the director of statistics for Sulaymaniyah Governorate, confirmed that the results of the latest population census conducted by the federal government showed that the Kurdistan Region’s share of the total population of Iraq reached 14.4%. A political analyst believes that this percentage gives Erbil greater leverage in its upcoming negotiations with Baghdad, while taking into account the extent of services provided by the regional government to the Kurdish areas outside its administration.

Kamal told Shafaq News Agency that “the census work and the procedures related to analyzing its results are still Read more…

The biggest corruption case in the history of Dhi Qar… no less than “the theft of the century”

The biggest corruption case in the history of Dhi Qar… no less than “the theft of the century”

2026-06-09

Shafaq News – Dhi Qar
On Tuesday, Farouk Al-Yasiri, a member of parliament representing Dhi Qar, reported that the contract file between the governorate’s health department and the Qatari company “Apex Health” has been referred to the Federal Integrity Commission and the Ministry of Health to take the necessary legal measures against those proven to be involved or negligent.

Al-Yasiri said in a statement received by Shafaq News Agency that “the file relates to a contract worth $81 million for Read more…

Iraqi electricity and giant generators

Iraqi electricity and giant generators

2026-06-09

Duaa Hazzaa Al-Jabri
In Iraq, we lack not only electricity, but also the ability to rein in the pronouncements issued by the authorities from on high, as if they live in a different country altogether, one that suffers under the scorching summer sun and the strain of neighborhood generators. While the Iraqi citizen has been held hostage to hours of power cuts and blackouts for decades, the Minister of Electricity emerges to announce with remarkable confidence that Iraq will transfer its experience in managing the electricity sector to Europe.

What kind of experience is he talking about? Is it the experience of billions that melted away in the wires of corruption before reaching the electricity poles? Or the experience Read more…

Kurdistan Integrity Commission announces a rewards system for whistleblowers reporting corruption cases.

Kurdistan Integrity Commission announces a rewards system for whistleblowers reporting corruption cases.

2026-06-09

Shafaq News – Erbil
The Integrity Commission in the Kurdistan Region announced on Tuesday the launch of a special project to grant financial rewards to those who report corruption cases and files, as part of its expanded strategy to combat financial and administrative corruption in the region.

The head of the Integrity Commission in the region, Ahmed Anwar, said in a press conference attended by Shafaq News Agency that the commission has begun activating the provisions Read more…

In preparation for its export, the largest convoy of Iraqi fuel tankers enters Syria

In preparation for its export, the largest convoy of Iraqi fuel tankers enters Syria

2026-06-08

Shafaq News – Damascus
On Monday, a huge convoy of tankers loaded with Iraqi fuel entered Syrian territory through the Rabia-Yarubiya border crossing in Hasakah Governorate, in preparation for exporting it to global markets.

Shafaq News Agency’s correspondent in Syria documented the stoppage of the Iraqi tanker convoy on the international highway ( M4 ) inside Syrian territory, coming from the Rabia border crossing.

The reporter said that this convoy is the largest of the Iraqi fuel convoys entering Syrian territory, with more than 150 Read more…

The Iraqi government is inviting investors to participate in the “One Million Housing Units” project and is allocating revenues to the provinces.

The Iraqi government is inviting investors to participate in the “One Million Housing Units” project and is allocating revenues to the provinces.

2026-06-08

Shafaq News – Baghdad
On Monday, Prime Minister Ali Faleh al-Zaidi called on businessmen and companies to contribute to the “One Million Residential Plots” project, while allocating a percentage to each governorate from the financial revenues obtained from border crossings and electricity consumption fees.

The Prime Minister’s Media Office said in a statement received by Shafaq News Agency that Al-Zaydi chaired today the second session of the Higher Committee for Coordination between Governorates for the year 2026, during which the general conditions in the governorates Read more…

An economist reveals the fate of the 2026 budget: The government is printing money to secure salaries.

An economist reveals the fate of the 2026 budget: The government is printing money to secure salaries.

6-8-2026

Information / Special..
Economic expert, Dirgham Muhammad Ali, ruled out the approval of the general financial budget for the current year 2026, attributing this to the lack of time and the lack of sufficient time space to pass it within the House of Representatives.

Ali told Al-Maalouma that “the current direction of the government is entirely focused on securing the salaries of employees and retirees only, based on the financial spending rule (1/12) of actual Read more…

Iraq’s cash reserves: between actual need and US restrictions

Iraq’s cash reserves: between actual need and US restrictions

6-8-2026

Information/Report..
Experts and specialists in economic affairs warned against the continued linkage of the Iraqi financial system to the international banking system linked to the United States, stressing that this linkage may affect Iraq’s flexibility in managing its monetary reserves and the stability of the exchange market in light of the fluctuations of global financial conditions and increasing external pressures on the national economy.

In this regard, former MP Mahma Khalil confirmed in a statement to Al-Maalomah News Agency that “Iraq’s cash reserves, estimated at Read more…