$150 billion expected investments in the “Development Road”

$150 billion expected investments in the “Development Road”

10/23/2025

The Iraq Development Fund revealed its expectations that the volume of investments in the Development Road Project will reach about (150) billion dollars, subject to increase in the coming years, stressing that the project represents a qualitative economic shift that will redraw the investment map in Iraq Read more…

Parliamentary call to establish a national telecommunications company that would provide the budget with huge revenues.

Parliamentary call to establish a national telecommunications company that would provide the budget with huge revenues.

10-23-2025

Information / Baghdad:
MP Haider al-Mutairi affirmed on Thursday that establishing a national mobile phone company is a strategic step towards strengthening the national economy, noting that the profits of one telecommunications company operating in Iraq have exceeded two trillion dinars Read more…

British report: Modernizing Iraq’s underdeveloped banking system is a priority.

British report: Modernizing Iraq’s underdeveloped banking system is a priority.

2025-10-23 05:15

Shafaq News – Baghdad
The British magazine “Global Finance” revealed on Thursday that economic diversification in Iraq is limited, considering that modernizing the “backward” banking system is a priority for the country.

In a report on the performance of central banks Read more…

Iraqi Dinar Guru opinions 10-22-2025

Iraqi Dinar Guru opinions 10-22-2025

10-22-2025 Newshound Guru Clare Article: “America is changing the rules of the game. Will Savaya fulfill Trump’s dream of controlling Iraq’s oil?” Quote: “The administration of US President Donald Trump has taken an unconventional step in its policy toward Iraq by appointing Mark Savaya as the US Special Envoy to Baghdad, instead of a traditional ambassador….Economic analysts believe that the Trump administration is increasingly appointing figures from the financial and business sectors to manage sensitive international issues, with the goal of transforming foreign policy into a profitable investment platform.” Read more…

In exchange for a second term, a political deal between Al-Sudani and the United States aims to resolve three contentious issues.

In exchange for a second term, a political deal between Al-Sudani and the United States aims to resolve three contentious issues.

10-22-2025

Al-Maalouma/Anbar..
An official source in Anbar province revealed on Wednesday a political deal struck between Prime Minister Mohammed Shia al-Sudani and American officials during his participation in the Sharm el-Sheikh summit. The deal stipulates the resolution of a number of sensitive disputed issues in exchange for Read more…

Nechirvan Barzani receives a message from Trump

Nechirvan Barzani receives a message from Trump

2025-10-22 07:44

Shafaq News- Erbil
US President Donald Trump expressed his thanks and appreciation to Kurdistan Region President Nechirvan Barzani for his efforts to promote peace and peaceful coexistence, and his endeavors to end conflicts Read more…

Why did Trump choose an envoy to Iraq?

Why did Trump choose an envoy to Iraq?

10/22/2025

Security expert Fadel Abu Raghif confirmed on Wednesday that US President Donald Trump’s appointment of Mark Savaya as US envoy to Iraq was based on several considerations.
Abu Raghif explained to Al Furat News Agency that “Safaya is of Iraqi origin and led Read more…

Al-Maslamawi warns against continued foreign presence: Our sovereignty is not subject to negotiation.

Al-Maslamawi warns against continued foreign presence: Our sovereignty is not subject to negotiation.

10-22-2025

Al-Maalouma / Baghdad ..
Representative Firas Al-Maslamawi confirmed, on Wednesday, that Iraq no longer needs the presence of any foreign forces on its territory, stressing that the security forces possess the full capacity to maintain security and confront any external or Read more…

Deposit growth declines and cash credit rises in Iraq

Deposit growth declines and cash credit rises in Iraq

2025-10-22 03:32

Shafaq News – Baghdad
The Central Bank of Iraq reported on Wednesday a decline in bank deposit growth, while credit growth increased during July.

A bank statistic reviewed by Shafaq News Agency showed that total deposits at banks operating in Iraq Read more…

The Coordination Framework meets to respond to the US State Department.

The Coordination Framework meets to respond to the US State Department.

2025-10-22 05:16

Shafaq News – Baghdad
The Coordination Framework forces decided to hold a meeting this evening, Wednesday, to respond to the US State Department’s statement regarding “disarming armed factions loyal to Iran .”

A statement from the US State Department noted that Secretary of State Marco Rubio informed Iraqi Prime Minister Mohammed Shia al-Sudani Read more…

Al-Sudani stresses to the US Secretary of State the need to avoid any unilateral steps outside the framework of communication and consultation.

Al-Sudani stresses to the US Secretary of State the need to avoid any unilateral steps outside the framework of communication and consultation.

2025-10-22

Prime Minister Mohammed Shia al-Sudani affirmed that “friendly relations between Baghdad and Washington are based on constructive dialogue,” emphasizing the need to avoid any unilateral steps outside the framework of communication and consultation.

A statement from the Prime Minister’s Office said: “Al-Sudani received a phone call from US Secretary of State Marco Rubio, Read more…

Iraqi Dinar Guru opinions 10-21-2025

Iraqi Dinar Guru opinions 10-21-2025

10-21-2025 Intel Guru Frank26 If Sudani does not release the new exchange rate, especially before the elections, he might as well kiss the prime minister position goodbye. Because not only will the citizens not vote for him, but Trump will not allow him to be prime minister. Trump will put sanctions back on Iraq, destroy the whole monetary reform. Read more…

Central Bank: Iraq’s public debt is lower than that of the United States and several other Arab countries.

Central Bank: Iraq’s public debt is lower than that of the United States and several other Arab countries.

2025/10/21

The Central Bank of Iraq confirmed on Monday that the external debt curve is declining and that Iraq is within safe limits for public debt. The bank noted that Iraq’s public debt-to-GDP ratio stands at 31%, a lower percentage than that of developed countries such as the United States and Japan, and other Read more…

Researcher: Washington is preparing to transform its presence in Iraq from a security to an economic one.

Researcher: Washington is preparing to transform its presence in Iraq from a security to an economic one.

10-21-2025

Al-Maalouma / Special..
Writer and journalist Saif Al-Hamdani confirmed on Tuesday that the United States is seeking to send a clear political message that its presence in Iraq will not remain limited to the security and military aspects, but will extend to include economic Read more…

Iraqi Electricity: Plan to build 48,000 megawatt power plants

Iraqi Electricity: Plan to build 48,000 megawatt power plants

2025-10-21 04:13

Shafaq News – Baghdad
The Iraqi Ministry of Electricity announced on Tuesday the development of an integrated plan to establish power stations to produce (48) thousand megawatts, confirming the achievement of agreements and contracts to begin implementing Read more…

The Central Bank of Iraq sold more than $47 billion in sales in seven months.

The Central Bank of Iraq sold more than $47 billion in sales in seven months.

2025-10-21 04:04

Shafaq News – Baghdad
The Central Bank of Iraq revealed on Tuesday its foreign currency sales, which amounted to more than $47 billion during the first seven months of the current year.

The bank said in statistics reviewed Read more…

Preparing the 2026 budget… Parliament assigns the task to the new government: Al-Sudani’s era is over

Preparing the 2026 budget… Parliament assigns the task to the new government: Al-Sudani’s era is over

2025-10-21 06:04

Shafaq News – Baghdad
The Finance Committee of the Iraqi Parliament responded on Tuesday to statements made by an advisor to the government of Mohammed Shia al-Sudani regarding the preparation of the 2026 budget.

The Prime Minister’s Financial Advisor, Mazhar Mohammed Salih, announced last Saturday that the Federal Ministry of Finance had begun Read more…

Iraq’s Internal Debt in Numbers: From Currency Printing to the Three-Year Budget

Iraq’s Internal Debt in Numbers: From Currency Printing to the Three-Year Budget

2025-10-21

Since 2003, Iraq has been trapped in a vicious financial cycle, plagued by recurring crises and changing governments. The only constant, however, is its reliance on domestic debt as a temporary savior during every financial crisis or oil price downturn. Whenever revenues dwindle, the state resorts to financing through Read more…

Iraqi Dinar Guru opinions 10-20-2025

Iraqi Dinar Guru opinions 10-20-2025

10-20-2025 Newshound Guru Militia Man You see the largest financial institutions in the world openly being involved in Iraq. For crying out loud there’s news on CNBC about Iraq. Western media, that’s huge. That’s really because it’s telling… Read more…

Central Bank: Iraq’s debt is moderate and within safe limits.

Central Bank: Iraq’s debt is moderate and within safe limits.

10/20/2025

The Central Bank of Iraq stressed that the ratio of public debt to GDP did not exceed 43%, describing it as moderate and within internationally safe limits, and does not constitute a burden on the national Read more…