Al-Salami: Private banks violate the Central Bank’s instructions and waste millions of dinars daily.
10-19-2025
Al-Maalouma / Baghdad..
Representative Hadi Al-Salami revealed, on Sunday, the existence of private banks that violate the laws and instructions issued by the Central Bank of Iraq, noting that these violations cause the daily waste of millions of dinars without effective Read more…
The Sudanese Coalition: A Concerned Alliance Facing Disintegration Without a Second Term
10-19-2025
Information / Report:
The phenomenon of MPs moving from one political bloc to another is a recurring phenomenon in Iraqi parliamentary life. These transfers are often driven by self-interest, aiming to gain proximity to decision-making centers in order to achieve material or moral gains, rather than any genuine Read more…
Basra launches the largest seawater desalination project using reverse osmosis technology.
2025-10-19
Shafaq News – Basra
Basra’s local government chief, Asaad Al-Eidani, laid the foundation stone on Sunday for a seawater desalination project using reverse osmosis (RO) technology. The project is one of the largest service projects in the province, aiming to provide approximately 300,000 people with clean drinking water as part of government Read more…
The law that never ages: Politically dismissed people return generation after generation.
2025-10-19 03:28
Shafaq News – Baghdad
For two decades, one law has opened the doors of the Iraqi state wide open: the law for the reinstatement of politically dismissed individuals. What began as an attempt to provide justice for those harmed by Saddam Hussein’s regime has now transformed into one of the most opaque and draining issues Read more…
Central Bank: External debt does not exceed $13 billion, and the deficit is lower than planned.
2025-10-19 03:22
Shafaq News – Baghdad
The Central Bank of Iraq confirmed on Sunday that Iraq’s external debt does not exceed $13 billion, noting that the actual deficit is lower than planned.
The bank stated in a statement received by Shafaq News Agency, “In the context of financial transparency and to clarify Read more…
Ministry of Planning: Inflation rate rises slightly in September, but annual rate continues to decline
2025-10-19
The Ministry of Planning announced, on Sunday, a slight increase in the inflation rate during the month of September, while indicating that the annual inflation rate continues to decline, as the ministry’s spokesman, Abdul Zahra Al-Hindawi, told the official agency, “The inflation rate witnessed a slight Read more…
Al-Alaq reveals a major economic catastrophe by disclosing the size of Iraq’s internal and external debt.
2025-10-19
The Governor of the Central Bank of Iraq, Ali Al-Alaq, revealed that Iraq’s total internal and external debt amounts to approximately $150 billion.
This statement comes amid Iraq’s growing fiscal deficit and the difficulty of covering it through traditional debt instruments.
Al-Alaq’s statement came in a written response to a parliamentary question Read more…
Iraqi Dinar Guru opinions 10-18-2025
10-18-2025 Newshound Guru Militia Man Iraq is going to be a pillar. It’s going to be a foundation stone in the Middle East. Notice how the Middle East has cooled down significantly? Iran’s been quiet. We haven’t had missiles flying in Iraq anymore. You have the neighboring countries big peace deal going on. It’s calm. It’s really good. It gives confidence to International investors…Now you see article that Iraq is a beacon, it’s the show, it’s a new showpiece, hence CNBC picks it up. Read more…
Al-Shammari: The 2026 government will be a caretaker government and will not be able to spend more than 12% of the budget.
10-18-2025
Information / Baghdad…
MP Mohammed Al-Shammari confirmed on Saturday that the 2026 government will be a caretaker government, meaning its financial powers will be restricted and its spending will be limited to no more than 12% of the total Read more…
Is Sudan’s chance to renew his term over?
10-18-2025
Information/Report…
Prime Minister Mohammed Shia al-Sudani faces a wave of mounting criticism from the Coordination Framework, amid growing popular and political discontent with his policies, which are perceived as a departure from Read more…
Project costs are being inflated. Parliamentary warnings about the debt burden on the next government.
10-18-2025
Al-Maalouma/Exclusive:
Member of the Parliamentary Services and Reconstruction Committee, Baqir Al-Saadi, warned on Saturday of the danger of the continuous rise in internal and external debts, as a result of the mismanagement of public funds and the absence of effective financial oversight. He stressed that most of the expenditures Read more…
New instructions from the Central Bank of Iraq to prevent dollar smuggling starting next month
2025-10-18 00:22
Shafaq News – Baghdad
On Saturday, the Echo Iraq Observatory revealed new instructions issued by the Central Bank to all authorized banks in the country regarding financial transfers and customs clearance procedures related to the requirements for approving Read more…
From Washington: A new banking and economic reform package for Iraq
2025-10-18 04:11
Shafaq News – Washington
The Iraqi delegation participating in the banking reform conference in Washington, D.C., on the sidelines of the International Monetary Fund and World Bank meetings, announced a new package of banking and economic Read more…
Iraq’s foreign exchange reserves fell by more than $2 billion in one month.
2025-10-18 04:28
Shafaq News – Baghdad
The Central Bank announced on Saturday that its foreign exchange reserves had fallen to more than $2 billion by the end of July.
The bank said in an official statistic seen by Shafaq News Agency, “The foreign reserves of the Central Bank amounted to Read more…
Diplomatic moves after the Sharm el-Sheikh summit: A US delegation visits Baghdad.
2025-10-18 05:16
Shafaq News – Baghdad
An informed political source revealed on Saturday that a US delegation is expected to visit the Iraqi capital, Baghdad, to discuss issues of mutual interest.
The source told Shafaq News Agency, “The visit is a continuation of what was discussed in the meetings held between the Iraqi and US delegations during Read more…
Central Bank Governor: Iraq’s internal and external debts amount to approximately $150 billion
2025-10-18 05:35
Shafaq News – Baghdad
Central Bank Governor Ali Al-Alaq said that Iraq’s internal and external debt has reached approximately $150 billion, in response to a parliamentary question directed to him by MP Raed Al-Maliki.
In a statement issued on Saturday, Read more…
Government Financial Advisor: The Ministry of Finance has begun preparing the 2026 budget.
2025-10-18
The Prime Minister’s Financial Advisor, Mazhar Mohammed Salih, confirmed on Saturday that the Ministry of Finance has begun preparing the 2026 budget, while specifying the disbursement mechanism in the event that the budget Read more…
Iraqi Dinar Guru opinions 10-17-2025
10-17-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] OMAR: In the country we will drop the zeros and the lower notes will be introduced and the 3 zero notes will coexist at the same time at the same rate. All of it will be dropped off the exchange rate and then as it’s pegged to a basket we will see our true rate. FRANK: Yes because once it’s in the basket that’s an RI. Then it will be an RV in the basket to reach the real effective exchange rate. Then it ain’t 1 to 1 because you can’t touch the dollar. So you coming out at $3.22…? I suggest to cap it at $4.25… Read more…
For the first time in its history, Iraq receives rescue and firefighting aircraft.
2025-10-17 07:09
Shafaq News – Baghdad
The General Directorate of Civil Defense announced on Friday the receipt of the first batch of helicopters used in rescue and firefighting operations.
According to a brief statement from the directorate received by Shafaq News Agency, this step represents an unprecedented qualitative shift Read more…
Al-Sakini: Al-Sudani moved in various directions to ensure victory in the elections and renewal of his term.
10-17-2025
Al-Maalouma/Baghdad…
Ibrahim Al-Sakini, a member of the State of Law Coalition, confirmed that Al-Sudani is moving in
various directions and has committed violations in order to remain in power and win the elections, pointing out that winning over Read more…