Parliamentary Finance: The budget is in effect, but the schedules have not yet reached Parliament.
5-4-2025
Al-Maalouma/Baghdad…
The Finance Committee of the House of Representatives confirmed on Sunday that the government is continuing to work according to the three-year budget approved last year, despite the fact that the 2025 budget tables have not yet been sent to Parliament. The committee noted that the delay is unjustified, but does not Read more…
Economist: Jordan is the biggest beneficiary of Washington’s decisions against Iraqi banks.
5-4-2025
Al-Maalomah/Baghdad..
Economic expert, Manar Al-Obaidi, confirmed on Sunday that the US decision to restrict the operations of a large number of Iraqi banks, under the pretext of smuggling dollars to China and Iran, did not achieve its goals, but rather led to counterproductive results that increased the volume of remittances Read more…
Will the government issue employee bonuses and promotions before submitting the budget schedules?
5-4-2025
Al-Maalouma / Exclusive..
Member of the Parliamentary Oil and Gas Committee, Ali Saadoun, confirmed today, Sunday, that what is being circulated regarding the issuance of promotions and allowances before the budget is included and its schedules are sent to Parliament is an “illegal” procedure, noting that such measures “represent electoral Read more…
Egypt moves to resume importing 12 million barrels of Basra oil annually.
2025-05-04 01:55
Shafaq News/ A government official stated on Sunday that Egypt seeks to resume importing 12 million barrels of Basra crude oil annually from Iraq starting in the third quarter, after a halt that lasted for about a year and a half.
The source told Asharq Al-Awsat that Egypt is in the final stage of negotiations Read more…
Rafidain Bank: There are no indications of any liquidity crisis or banking panic.
2025-05-04
Rafidain Bank confirmed on Saturday that its financial position is strong and solid, with a legal reserve of more than 8 trillion dinars deposited with the Central Bank of Iraq. The bank also indicated that there are no indications of any liquidity crisis or banking panic.
The bank said in a statement: “Rafidain Bank is not just a bank, but a sovereign Read more…
Parliamentary Security: The last US soldier must withdraw next year.
2025-05-04
Member of the Parliamentary Security and Defense Committee, Mohammed al-Shammari, affirmed on Saturday that the last US soldier must withdraw from Iraq next year, in accordance with the agreement signed between Baghdad and Washington.
Al-Shammari said in a press interview that “an agreement was concluded Read more…
Iraqi Dinar Guru opinions 5-3-2025
5-3-2025 Intel Guru Frank26 Article: “Government advisor: Linking national banks with their American counterparts provides a means for economic stability.” There’s going to be way more than just one bank that will be working with the CBI. More than one bank in America. I told you these banks, like Aki’s, would be either inside of American banks or right next to an American bank or across the street from an American bank but very close to the perimeter because they’ll be working together, in cahoots… Read more…
The Parliamentary Finance Committee denies the existence of a timetable for submitting the 2025 budget tables.
5-3-2025
Al-Maalouma/Baghdad..
Member of the Parliamentary Finance Committee, MP Mudhar Karwi, denied on Saturday that there is a specific timetable for the government to submit the 2025 budget tables.
Karwi told Al-Maalouma, “The 2025 budget tables have indeed been delayed, and there were multiple requests from Read more…
“The number of sanctioned banks may rise to 69.” What did the Iraqi delegation discuss in Washington?
2025-05-03 | 03:40
Revealed that the head of the Center for Political Thought Ihsan Al-Shammari The visit of the Iraqi delegation headed by the Minister of Foreign Affairs Fouad Hussein to US It did not succeed, indicating that The treasury The US found that part of the activity of those seeking to circumvent US sanctions is done through Read more…
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What does the Central Bank’s decision to support pilgrims in dollars mean?
5-3-2025
Al-Maalouma/Baghdad…
Member of the Parliamentary Economy and Investment Committee, MP Yassin Hassan, confirmed today, Saturday, that the Central Bank of Iraq has issued urgent instructions to facilitate the procedures for selling dollars to pilgrims to the House of God this season.
Hassan said in an interview with Al-Maalouma, “The Central Bank directed Read more…
The truth about the withdrawal of Rafidain and Rashid funds: sovereign funds, not citizens’
2025-05-03 23:12
Shafaq News/ The Iraqi Ministry of Finance stressed on Saturday that the funds withdrawn from the government-run Rafidain and Rashid banks do not represent citizen deposits or the banks’ insurance balances. Rather, they belong to the ministry’s sovereign accounts, were kept as a temporary operating tool, and were Read more…
Maliki’s coalition sounds the alarm: Iraq’s financial situation is dangerous and salaries are threatened.
2025-05-03 03:50
Shafaq News/ The State of Law Coalition, led by Nouri al-Maliki, described the current financial situation in Iraq as “very dangerous” on Saturday, warning that the salaries of public sector workers are now threatened by this situation.
Thaer Makhif, a member of the coalition, told Shafaq News Agency, “There is a real financial crisis that Mohammed Shia al-Sudani’s government is currently Read more…
Iraq increases oil production to more than 400,000 barrels per day.
2025-05-03 06:53
Shafaq News/ OPEC+ member states have decided to increase oil production by 411,000 barrels per day in June.
The list of countries includes (Iraq, Saudi Arabia, Russia, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and the Sultanate of Oman).
The Saudi Ministry of Energy statement said: “In light of the current positive market Read more…
Iraq officially acknowledges the suspension of power lines to Iran due to US sanctions.
2025-05-03
The Prime Minister’s advisor for electricity affairs, Adel Karim, confirmed on Friday that the government has developed multiple plans to address any potential shortage of Iranian gas. He also noted that electricity lines with Jordan and Turkey are currently operating, and progress has been made in Read more…
Iraqi Dinar Guru opinions 5-2-2025
5-2-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy says Alaq is the man. He was brought back to Iraq to run the CBI…And he was brought back to control the rate. He worked with Shabibi before his health went bad. Alaq knows the plan… FRANK: Thank you Mr. Sammy. I’m going to give in because you guys are there. He will release the new exchange rate therefore he’s in control but he will release it when it is given to him. FIREFLY: …That’s why they [Parliament] have tried for so long to get Alaq out of his job. They know he’s working on changing the rate. Read more…
The Ministry of Transport confirms its commitment to opening Mosul Airport on June 10.
2025/05/02
The Ministry of Transport announced on Friday that the Mosul International Airport project has reached 87% completion, stressing that the airport management and staff will continue to monitor the progress of work to complete it on the scheduled date of June 10.
The Ministry’s media office said in a statement Read more…
Regarding “inspectors,” Washington adds a condition to negotiations with Iran.
2025-05-02 02:16
Shafaq News/ US Secretary of State Marco Rubio revealed on Friday that the United States is seeking to grant American inspectors full access to Iran’s nuclear facilities.
Speaking to Fox News, Rubio said that any future nuclear agreement with Iran must include this clause “to ensure that Iran does not develop nuclear weapons .”
Rubio stressed the importance of “US on-the-ground oversight to verify Iran’s Read more…
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Iraq: Siemens agreement will generate 14,000 megawatts of power using local fuel.
2025-05-02 03:13
Shafaq News/ The Ministry of Electricity confirmed on Friday that the agreement signed with Siemens to generate 14,000 megawatts of energy will be implemented using local fuel, ensuring the sustainable operation of the power plants with high efficiency.
A statement by the Ministry of Electricity Read more…
Prime Minister’s Advisor: Tax trusts contribute to securing government spending
2025-05-02
The Prime Minister’s Financial Advisor, Mazhar Mohammed Salih, confirmed on Friday that tax trusts are part of the general budget’s financial space and can be relied upon to adjust government spending, ensuring that basic obligations are met without compromising financial Read more…
The Ministry of Transport reveals the progress achieved at the Grand Faw Port.
2025-05-02
The Ministry of Transport revealed, on Friday, the latest developments in the Strategic Development Road project, stressing its commitment to the specified timetables, while announcing the progress rates achieved in the Grand Faw Port. The spokesman for the Ministry of Transport, Maitham Al-Safi, told the official agency that “work is currently underway to complete Read more…
