Parliamentary Finance Committee: The budget has not yet arrived and Parliament is awaiting extraordinary sessions.
6-11-2025
Information / Baghdad..
Member of the House of Representatives’ Finance Committee, MP Hussein Al-Saabari, confirmed on Wednesday that the budget has not yet been received and that Parliament is awaiting extraordinary sessions.
Al-Saabari told Al-Maalouma News Agency that “the Ministry of Finance and the government have Read more…
Al-Kadhimi: The 2025 budget may reach parliament early next month.
2025-06-11 02:52
Shafaq News/ Member of the Parliamentary Finance Committee, Moeen Al-Kadhimi, said on Wednesday that the Iraqi state budget for 2025 is likely to reach the House of Representatives early next month.
Al-Kadhimi told Shafaq News Agency that the Ministry of Finance has completed its observations on the budget law’s schedules and submitted them Read more…
Washington Post: America’s debt reaches $36 trillion, and the war in Iraq is a major reason.
2025-06-11 05:02
Shafaq News/ The United States’ debt is heading toward its highest levels since World War II, reaching $36 trillion, a figure that is expected to continue rising, as the U.S. government spends approximately $2 trillion more than its annual revenues.
This chronic financial deficit is one of the most prominent indicators Read more…
The Central Bank of Iraq announces the latest statistics on its foreign exchange reserves.
2025-06-11 04:41
Shafaq News/ The Central Bank of Iraq announced, on Wednesday, an increase in its foreign currency reserves during May 2025.
The bank stated in official statistics, reviewed by Shafaq News Agency, that “the Central Bank’s foreign reserves as of May 22 of this year Read more…
To end the “nuclear deal” dispute, Russia: We are ready to receive enriched uranium from Iran.
2025-06-11 07:16
Shafaq News/ Russia expressed its willingness on Wednesday to receive highly enriched uranium from Iran and convert it into fuel for civilian nuclear reactors.
This move comes as a potential means of helping to narrow the gap between the United States and Iran over Read more…
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The Ministry of Transport reveals six airports that will be linked to the development plan.
2025-06-11
The Ministry of Transport announced on Wednesday that six Iraqi airports are linked to the “Development Road” project, three of which are new. The Ministry’s Director of Public Relations and Media, Maitham Al-Safi, told the official agency that “Mosul International Airport will open in the coming days and is of great Read more…
Iraqi Dinar Guru opinions 6-10-2025
6-10-2025 Newshound Guru Samson Article: “The era of the digital republic has begun – Iraq is cashless, and the Central Bank imposes its authority as the ‘ruler of the country’ ” Read more…
Al-Karawi: We filed a lawsuit against the government due to the delay in the budget schedules.
6-10-2025
Al-Maalouma / Exclusive..
Member of the Parliamentary Finance Committee, Mustafa Al-Karaawi, revealed today, Tuesday, that the committee has filed a lawsuit against the government due to its delay in sending the budget schedules.
Al-Karaawi said in a statement Read more…
A parliamentary committee identifies weaknesses in the banking sector: cash stocks are stored in homes.
6-10-2025
Information / Baghdad..
Member of the Parliamentary Economy and Trade Committee, Kazem Attia Al-Shammari, confirmed on Tuesday that there is a clear weakness in the Iraqi banking system. He pointed out that a large amount of cash in circulation remains outside the banking system and stored in citizens’ homes, exacerbating the liquidity crisis Read more…
Sadiqun Bloc: Anyone promoting Kuwait’s sovereignty over Khor Abdullah is a “traitor”
6-10-2025
Information/Exclusive:
MP Suhaila Al-Sultani of the Sadiqoun parliamentary bloc asserted on Tuesday that promoting Kuwait’s sovereignty over Khor Abdullah constitutes national treason, emphasizing that the creek is entirely Iraqi in terms of sovereignty, history, and legal rights.
Al-Sultani told Al-Maalouma News Agency, “Those who exploit the Khor Abdullah Read more…
For these reasons, it is likely that the 2025 budget will be postponed until after the elections.
6-10-2025
Al-Maalouma/Exclusive:
Former MP Ayoub al-Rubaie confirmed on Tuesday that finalizing the 2025 budget schedules faces significant complications, suggesting it will likely be postponed until after the November elections for a number of reasons.
Speaking to Al-Maalouma, al-Rubaie said, “The 2025 budget schedules were supposed to reach the parliament according to Read more…
Iraq’s remittances abroad exceed $300 billion over the past five years, with minimal interest.
2025-06-10 02:04
Shafaq News/ The Iraq Future Foundation for Economic Studies and Consultations on Tuesday counted the total amount of money transferred out of the country over the past five years, stating that it amounted to more than $300 billion, with minimal interest returned to the state compared to the amount of money transferred out.
In a report published today, the institution’s head, Read more…
Central Bank of Iraq: Total credit exceeds 71 billion dinars
2025-06-10 02:25
Shafaq News/ The Central Bank of Iraq revealed on Tuesday that total credit reached more than 71 billion dinars by the end of March 2025.
The bank said in an official statistic Read more…
The “lost” budget: Iraqis’ livelihoods become a “political tool” in the election campaign auction.
2025-06-10 03:27
Shafaq News/ The delay in approving the 2025 federal budget in Iraq threatens financial stability, service and development projects, the disbursement of salaries and benefits, and other repercussions that directly impact the daily lives of Iraqi families, according to observers.
Observers believe the budget has become a “political tool” during election seasons, Read more…
Masrour Barzani: Kurdistan can be an investment gateway for Iraq.
2025-06-10 05:35
Shafaq News/ Kurdistan Regional Government Prime Minister Masrour Barzani said that the region can be an open gateway for investment to the rest of Iraq.
CNN reported in a video report, translated by Shafaq News Agency, that Erbil may not be as famous as Baghdad or historic Babylon, but it is certainly making a name for itself. It is “far removed from the country’s political turmoil” and is currently positioning itself as a “safe bet” with better investment laws Read more…
The era of the digital republic has begun. Iraq is cashless, and the Central Bank imposes its authority as the “ruler of the country.”
2025-06-10
With increasing pressure on cash liquidity in Iraq, the government has begun expanding its reliance on electronic payment systems within state institutions. This move, which may appear on the surface to be a technical measure to modernize transactions, is essentially linked—according to experts—to an attempt to contain a growing financial crisis by reducing reliance on paper money Read more…
Minister of Transport: The TIR Agreement has put Iraq back on the global trade map.
2025-06-10
Minister of Transport Razzaq Muhaibis Al-Saadawi stated on Tuesday that the activation of the TIR Agreement is an important message to the countries of the world, while pointing out that the activation of the agreement is a great success for the Iraqi government. Al-Saadawi told the official agency, “The reactivation of the international land transport (TIR) in Iraq after a 40-year hiatus is an important Read more…
Iraqi Dinar Guru opinions 6-9-2025
6-9-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iraq TV Channel One, Central Bank of Iraq revealed the value of the issued currency, ‘printed’ in Iraq currently at its lowest level in a year. FRANK: You’re [the CBI] are distinguishing the 3 zero notes…You’re not talking about the lower notes. Read more…
Iraq joins the international transit system, paving the way for a breakthrough on the path to development.
9/6/2025
Baghdad – Iraq’s accession to the International Road Transport Association (TIR) and the activation of international transport operations in cooperation with the International Road Transport Union (IRU) is a strategic step to support the country’s economy and enhance its commercial standing.
The measure aims to develop trade in the Middle East by activating the development road project, which will connect southern Iraq to northern Iraq and Read more…
Iraq joins the club of advanced countries in electronic payments with 22 million bank cards.
2025/06/09
Nabil Al Najjar, head of the electronic payments team, announced that Iraq has become one of the most advanced countries in this field, thanks to decisive government decisions and support from the Central Bank and the financial sector. He noted that the number of bank cards has exceeded 22 million, and that their usage is constantly increasing, with intensive efforts to Read more…
