Al-Khazraji calls on the government to clarify the reasons for the delay in submitting the budget schedules
3-12-2025
Al-Maalouma/Baghdad…
MP for the State of Law Coalition, Muhannad Al-Khazraji, confirmed on Wednesday that the 2025 budget tables have not reached Parliament, despite more than a month having passed since the vote on Article (12A) on the region’s oil. He called on the government to clarify the reasons for the delay or send the tables Read more…
Parliamentary Finance Committee: The 2025 budget amounts to 216 trillion dinars, and the government will not submit it soon.
2025-03-12 04:54
Shafaq News/ On Wednesday, the Deputy Chairperson of the Parliamentary Finance Committee, Ikhlas al-Dulaimi, ruled out the government’s submission of budget schedules within the next two months, while confirming that the value of the 2025 budget amounts to 216 trillion Iraqi dinars .
Al-Dulaimi told Shafaq News Agency, “The Ministry of Finance has not yet sent Read more…
Prime Minister’s Advisor: No US Sanctions on Rafidain, Exemption for Gas Imports from Iran Continues
025-03-12
The Prime Minister’s advisor for foreign relations, Farhad Alaa Al-Din, denied the existence of US sanctions on Rafidain Bank. While indicating that the US exemption on importing gas from Iran remains in place, he confirmed that some factions have offered to join the Popular Mobilization Forces, subject to conditions. Alaa Al-Din said in a televised interview Read more…
Iraqi Dinar Guru opinions 3-11-2025
3-11-2025 Intel Guru Frank26 MIGA – stands for Make Iraq Great Again. Iraq has it all over the place…This is good for Iraq. It’ll be good for Iraq… Cockroaches, got to get rid of them… Read more…
MP: Continued disruption of sessions may lead to final dissolution of parliament
3-11-2025
Al-Maalouma / Special..
MP Hussein Al-Saabari warned, on Tuesday, that the continued disruption of the House of Representatives sessions due to the lack of quorum poses a direct threat to the course of legislative work, and may lead to the final dissolution of Parliament if the crisis continues without Read more…
Iran is on fire.. angry protests and an unprecedented collapse of the “Toman”
2025-03-11 03:12
Shafaq News/ Iran is witnessing an unprecedented escalation in the wave of popular protests, with the deterioration of economic conditions and the collapse of the national currency to record levels, as the price of the US dollar reached 95,300 tomans, while the price of the gold bar Read more…
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Rashid to an American newspaper: Iraq is ready to mediate between Washington and Tehran
2025-03-11 06:33
Shafaq News/ Iraqi President Abdul Latif Rashid confirmed on Tuesday that Baghdad wants to play a mediation role between Washington and Tehran, while calling on US President Donald Trump to implement his promises regarding ending conflicts in the Middle East.
“Iraq has changed a lot from what it was under Saddam Hussein, and Read more…
Iraqi government announces establishment of “National Mobile” in partnership with Vodafone
2025-03-11 06:52
Shafaq News/ The Iraqi government agreed during its meeting today, Tuesday, headed by Mohammed Shia Al-Sudani, to establish the “National Mobile Phone” to operate the fifth generation in partnership with “Vodafone”.
Al-Sudani’s media office said in a statement received by Shafak News Agency that the Council of Ministers approved the establishment of the National Mobile Phone Read more…
World Bank confirms strengthening financial stability in Iraq
2025-03-11 06:52
Shafaq News/ Minister of Finance Taif Sami stressed, on Tuesday, the importance of the ongoing partnership with the World Bank, and Iraq’s aspiration to benefit from the technical and financial support it provides in implementing strategic projects to stimulate economic growth and Read more…
Central Bank Governor: Iraq has one of the highest gold reserves in the Arab world at 162 tons
2025-03-11
The Governor of the Central Bank, Ali Al-Alaq, stated on Tuesday that Iraq has one of the highest gold reserves among Arab countries, amounting to 162 tons. Al-Alaq stated in a statement to the official agency that “the Central Bank is closely monitoring the movement of gold and currencies,” noting that Read more…
Ministry of Transport prepares a plan to develop its maritime fleet and enhance operational capabilities
2025-03-11
The Ministry of Transport announced today, Tuesday, a plan to develop the operational capabilities of the transport sector and increase its maritime fleet during the current year. The Director of the Ministry’s Media Office, Maitham Al-Safi, confirmed that the Ministry is currently negotiating with a number of companies Read more…
Iraqi Dinar Guru opinions 3-10-2025
3-10-2025 Newshound Guru Jeff What they’ve told us is that going into 2025 they were going to end the currency auctions. We know that much. They did say they transitioned to that new method of transferring foreign currencies abroad… allowing specific local banks within the country of Iraq to send the foreign currencies…But they never officially ended the currency auctions… We know the currency auctions have to end at least by the time the rate changes. We also know that from last November through the end of January the currency auctions went up from about $280 million to $300 million, then in January of this year…went higher from $290 million to $300 million…Their actions of incrementing the currency auctions to higher amounts suggest we’re getting getting very close to nearing the end of this… Read more…
After cutting off the “Iranian electricity artery”, Iraq prepares and experts propose alternative solutions
2025-03-10 10:06
Shafaq News/ In light of the crisis of canceling the US exemption to import Iranian gas, and the Iraqi Ministry of Electricity’s confirmation of working on alternative plans to mitigate the damage, by diversifying gas sources as well as energy, experts believe that the solution lies in the Iraqi government adopting Read more…
Economist: Lower oil prices may push Iraq to reduce exchange rate and cut expenses
2025/03/10
Economic expert Nabil Al Marsomi warned today, Monday, that the continued decline in oil prices will put the Iraqi government before difficult choices, including those that may include reducing the exchange rate to confront financial challenges.
Al-Marsoumi told Al-Furat News Agency that “the government may be forced to take austerity measures Read more…
Government Advisor: 2025 Budget Will Reach Parliament Before End of Ramadan
2025-03-10 03:56
Shafaq News/ The Iraqi Prime Minister’s advisor for economic affairs confirmed on Monday that there is a government-parliamentary understanding regarding the 2025 budget, expecting it to reach parliament before the end of Ramadan.
Mazhar Mohammed Saleh told Shafaq News Agency that there is an understanding Read more…
Iraqi ports complete submerging the first part of the “submerged tunnel”
2025-03-10 06:43
Shafaq News/ The Director of the General Company for Iraqi Ports, Farhan Al-Fartarsi, announced on Monday the completion of the process of submerging the first part of the submerged tunnel under the Khor Al-Zubair navigational canal, stressing that it is the first of ten parts to be submerged Read more…
Prime Minister receives phone call from US National Security Advisor, discusses deepening strategic partnership between the two countries
2025-03-10
Prime Minister Mohammed Shia al-Sudani affirmed Iraq’s commitment to expanding economic relations with the United States, while the latter indicated that ending the exemption for electricity supplied from Iran is linked to the policy of maximum pressure, as the office stated in a statement that al-Sudani “received a phone call on Sunday evening from US National Security Advisor Michael Waltz, Read more…
Iraqi Dinar Guru opinions 3-9-2025
3-9-2025 Intel Guru Frank26 Article: “Evaluation of the Central Bank’s journey in 22 years” This article…is very tedious…It is a climax…summary…of what the monetary reform has done for the banking system…purchasing value… currency itself…exchange rate…all of this. The whole monetary reform education that has been presented up to this date…behold. Who is this coming from? The CBI. To who? The citizens of Iraq. For what reason? Because they’ve been educated on what they’re about to receive and do. This is a wonderful summary… Read more…
Parliamentary Finance: The budget is technically ready and its delay may be deliberate
3-9-2025
Information / Special..
Member of the Parliamentary Finance Committee, Moeen Al-Kazemi, called on the government today, Sunday, to expedite sending the budget tables for the year 2025 to Parliament, stressing that its delay may be deliberate, as happened last year.
Al-Kazemi explained Read more…
National Bank of Iraq acquires Al-Ittihad International Insurance Company
2025-03-09
Shafaq News/ The National Bank of Iraq announced, on Sunday, its acquisition of the International Union Insurance Company, after obtaining all necessary approvals from the Central Bank.
The bank said in a statement received by Shafak News Agency that this acquisition comes within the framework of the National Bank of Iraq’s strategy Read more…
