Al-Bayati: The figures for the 2027 budget deficit and borrowing are still unknown.
11-2-2026
Information/Baghdad…
MP Mohammed al-Bayati revealed on Monday that the true size of the 2027 budget deficit and the initial estimates for external or internal borrowing remain unknown. He indicated that all current discussions are mere speculation.
Speaking to Al-Maalouma, al-Bayati explained, “The true size of the 2027 budget deficit and the initial estimates for external or internal borrowing are still unknown.” He added, “Everything currently circulating is speculation Read more…
The battle for security positions: Al-Halbousi’s ambitions for the intelligence services clash with widespread political rejection.
11-2-2026
Information / Baghdad…
An informed parliamentary source revealed on Monday that the “Progress” party, headed by Mohammed al-Halbousi, is exerting intense political pressure to secure the position of head of the National Intelligence Service. The source confirmed that this move is facing widespread and categorical rejection from various political forces. Read more…
Economist: Addressing the budget deficit begins with reducing expenditures and pursuing ghost employees.
11-2-2026
Al-Maalomah/Anbar…
Economic expert Rashid al-Saadi affirmed on Monday that addressing the government’s budget deficit requires well-considered steps, avoiding impulsive and ill-conceived measures. He warned that continuing current financial policies could exacerbate the economic crisis and disproportionately affect segments of society. Read more…
Parliamentary Investment Committee: Non-oil revenues exceeded 8 trillion dinars during the past months
11-2-2026
Information/Special…
Member of the Parliamentary Investment and Finance Committee, Muhammad Jabbar al-Shammari, confirmed on Monday that there is a real possibility of generating 30 trillion Iraqi dinars in non-oil revenues after including these estimates in the 2027 general budget.
Al-Shammari told Al-Maalouma, “The figure set by the government in the budget, estimated at 30 trillion dinars as non-oil revenues, is feasible Read more…
Pezeshkian: Khamenei has given us some authority to resolve problems through dialogue
2026-11-02
Shafaq News – Tehran
Iranian President Masoud Pezeshkian confirmed on Monday that Supreme Leader Mojtaba Khamenei had granted the government some powers to move towards “solving problems through dialogue.”
Pezeshkian explained in press statements that “war will not be in anyone’s interest, and the enemies will not be able to force us to surrender through it.” Read more…
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Iraq, Jordan, and Egypt are exploring oil and export projects via the Red and Mediterranean Seas.
2026-11-02
Shafaq News – Baghdad
On Sunday, the tripartite Iraqi-Jordanian-Egyptian cooperation team discussed the technical and operational details of the crude oil export pipeline project (Basra-Haditha), in addition to joint projects in the oil, energy and petrochemical sectors. Read more…
For the first time, Iraqi oil exports via Ceyhan, Turkey, reach 500,000 barrels per day.
2026-11-02
Shafaq News – Kirkuk
Three oil sources in the production, pipeline and export sectors of the state-owned North Oil Company, affiliated with the Ministry of Oil, revealed on Sunday evening that the total exports of Iraqi oil through the Turkish port of Ceyhan have increased to 500,000 barrels per day, coming from the Kirkuk, Basra and Kurdistan Region fields, in an increase that is the first of its kind since the resumption of export operations through the oil transport system towards Turkish territory. Read more…
Trade finance in Iraq: Disruptions in remittances freeze importers’ liquidity
2026-11-02
Shafaq News – Baghdad
The termination of the dollar platform in Iraq did not lead to the smooth financing of foreign trade as hoped, as the bottlenecks moved from the old transfer mechanism to correspondent banks and their complex procedures, amid delays in importers’ remittances and the freezing of their funds, while small traders find themselves facing limited options that push some of them to the parallel market, which ultimately affects commodity prices and the purchasing power of citizens. Read more…
An Iraqi ministry threatens international oil companies with “strict and decisive” measures.
2026-11-02
Shafaq News – Basra
Environment Minister Sarwa Abdul Wahid threatened on Monday to take strict legal action against international oil companies operating in Basra Governorate, warning of continued pollution resulting from their activities, while demanding that plans be put in place to address environmental damages in proportion to the size of the profits these companies make from working in Iraq. Read more…
Iraq’s foreign reserves exceed 113 trillion dinars and its gold reserves amount to 35 trillion dinars.
2026-11-02
Shafaq News – Baghdad
Data from the Central Bank of Iraq’s financial indicators showed that official reserves rose to about 113.991 trillion dinars on October 15, 2026, while the value of gold and special drawing rights amounted to about 35.324 trillion dinars.
According to data seen by Shafaq News Agency, reserves recorded an increase Read more…
Iranian negotiators leave Doha with a draft agreement for review.
2026-11-02
Shafaq News – Follow-up
Iranian negotiators left the Qatari capital, Doha, following talks with Qatari mediators on reaching an agreement to end the war between Iran and the United States, coinciding with the circulation of a draft proposed agreement, amid talk of the possibility of holding a meeting to follow up on the negotiations. Read more…
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Ministry of Oil: Unveiling a plan to develop the Iraqi tanker fleet
11-2-2026
The Ministry of Oil announced on Monday that the Iraqi tanker fleet currently comprises six medium and small tankers, confirming a plan to purchase larger vessels. The ministry also indicated its intention to enter into partnership agreements with specialized and reputable companies in the maritime transport sector. Ministry spokesperson Salim al-Rikabi told the official news agency that “the Iraqi tanker fleet currently Read more…
Iraqi Dinar Guru opinions 11-1-2026
11-1-2026 Newshound Guru Jeff There’s a scheduled rate change date. They are revising the budget right now, redrafting it, modifying it so it reflects the correct currency value. They’re doing it right now in front of everyone’s face. They’re masking it, concealing it, saying they’re doing it to make it constitutionally for Kurdistan. No, this is them preparing the budget for the rate change right now…secretly. Read more…
$500 million will arrive in Iraq tomorrow… and the exchange rate will decrease.
11-1-2026
Deputy Prime Minister for Economic Affairs Mohammed Tamim confirmed on Sunday that a new shipment of $500 million will arrive tomorrow from the United States.
Tamim said in a statement published by the official agency that “the exchange rate of the dollar in the parallel market will decrease and will be close to the official rate.” Read more…
After it rose to 30 trillion in the budget, can the government achieve non-oil revenues?
11-1-2026
Information/Special…
MP Shaima al-Fatlawi warned on Sunday against treating the estimated 30 trillion dinar non-oil revenues in the budget as guaranteed funds, stressing that these figures remain financial estimates that may or may not be realized depending on the government’s ability to actually collect them.
Speaking to Al-Maalouma, al-Fatlawi said, “The Iraqi economy remains a rentier economy that relies primarily on oil revenues, which makes achieving the targeted non-oil revenues a major challenge given the limited diversification of income sources and the weakness of the productive sectors.” Read more…
$300 billion evaporates from the cryptocurrency market in one month
2026-11-01
Shafaq News – Follow-up
The global cryptocurrency market suffered losses exceeding $300 billion in market value during October 2026, amid a wave of declines affecting the most prominent digital currencies, most notably Bitcoin and Ethereum, with increasing selling pressure and liquidation of trading positions. Read more…
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Al-Surji: The SOMO agreement ends the salary crisis for employees in the Kurdistan Region.
11-1-2026
Information/Baghdad…
Ghiath al-Surji, a member of the Patriotic Union of Kurdistan (PUK), confirmed the stability of the process of sending employee salaries from Baghdad to the Kurdistan Region following the agreement to export the region’s oil through the State Oil Marketing Organization (SOMO). Read more…
The 2027 budget: postponed solutions and closed revenue streams
11-1-2026
The 2027 budget remains circulating within the Cabinet, with no clear date set for its submission to Parliament. This is especially true after the government’s announcement of raising the exchange rate of the dollar against the dinar, necessitating a review of many budget items and a recalculation of accounts to reflect the new realities. Meanwhile, some criticism has emerged regarding the existence of numerous potential revenue streams that remain unexplored Read more…
22 parliamentary committees are awaiting a decision… Will the “single basket” resolve the disputes?
11-1-2026
Information/Baghdad…
Member of Parliament Mukhtar al-Youssef called on Sunday for political forces and blocs to abandon traditional power-sharing mechanisms and adopt the criteria of competence and scientific specialization in selecting the heads and members of the permanent parliamentary committees, in addition to electoral merit. Read more…
A first-of-its-kind visit: Maliki in Kirkuk with four security files and awaits direct decisions.
11-1-2026
Information/Kirkuk…
A government source revealed on Sunday that the Minister of Interior will discuss four key issues during his first visit to Kirkuk, indicating that the visit is expected to result in a number of direct decisions.
The source explained to Al-Maalomah that “Minister of Interior Yasser al-Maliki and senior ministry officers arrived in Kirkuk and held extensive meetings with the local government and its council, in the presence of Read more…
