Al-Zaydi’s financial advisor reveals the features of the 2027 budget: a tool for regulating Iraq’s economy.
2026-08-13
Shafaq News – Baghdad
The financial and economic advisor to the Iraqi Prime Minister, Mazhar Muhammad Salih, revealed on Thursday the outlines of the 2027 budget, stressing that it will be a tool for reorganizing the country’s financial and economic structure, and not just a management of revenues and expenditures.
Saleh told Shafaq News Agency that “the 2027 budget is expected to have more advanced features at the level of public finance management, through expanding the application of programs Read more…
The Iraqi central bank’s reserves have declined to 102 trillion dinars, and its liabilities to the government have doubled.
2026-08-13
Shafaq News – Baghdad
The head of the “Iraq Future” Foundation for Economic Studies and Consultations, economic expert Manar Al-Obaidi, revealed today, Thursday, significant shifts and declines in the financial indicators of the Central Bank of Iraq, pointing to an increase in the bank’s net claim on the government compared to a decrease in the size of official reserves.
Al-Obaidi explained in an economic analysis based on the latest operational and banking data that the net claims of the Central Bank on the Iraqi government recorded a significant increase to reach 66.6 trillion Iraqi dinars, Read more…
Al-Zaydi inspects “Iraq’s Sky Shield”: “No aggression from our airspace, nor any breach of it.”
2026-08-13
Shafaq News – Baghdad
Prime Minister and Commander-in-Chief of the Armed Forces Ali Faleh al-Zaidi visited the Air Defense Command Operations Center late Wednesday night to monitor the readiness of Iraqi airspace protection systems, coinciding with preparations for the end of the international coalition forces’ mission and the planned withdrawal on September 30.
The Prime Minister’s Media Office stated in a statement that Al-Zaydi was briefed on the reality of the air defense Read more…
Baghdad caught between Washington and Hezbollah: British report reveals Iraqi mediation efforts
2026-08-13
Shafaq News – Translation
The developments related to Iraq’s position on Lebanese Hezbollah reflect the hedging policy pursued by Ali al-Zaidi’s government, which is “unable” to completely separate itself from the factions linked to Iran, while at the same time flirting with the United States and the Gulf states, according to the British website “ Amwaj ”.
The website, in a report translated by Shafaq News Agency, indicated that a delegation from the party had met with al-Zaidi before his recent visit to Washington, where the Iraqi Prime Minister offered to mediate Read more…
The “Reconstruction and Development” bloc: The government pledged to send the Popular Mobilization Forces law to parliament within a week.
2026-08-13
Shafaq News – Baghdad
The “Reconstruction and Development” parliamentary bloc confirmed on Thursday that the government pledged to send the draft law on service and retirement for the Popular Mobilization Forces to the House of Representatives within about a week, expressing its regret that the legislation has turned into a tool for “consumption and political pressure”.
The head of the bloc, Bahaa al-Araji, said in a press conference held at the parliament building and attended by Read more…
Iraq holds 174.6 tons of gold; its latest data dates back to 2025.
2026-08-13
Shafaq News – Baghdad
The World Gold Council’s table for August 2026 showed that Iraq’s gold reserves amounted to 174.6 tons, ranking it 28th globally, with gold constituting about 23.1% of its total reserves.
According to the Council’s statistics, which were reviewed by Shafaq News Agency, the latest data for Iraq dates back to November 2025, meaning that the recorded quantity of gold, amounting to 174.6 tons, has not been updated in the table since that date, Read more…
The Toman under pressure: When the currency crisis becomes a mirror of the Iranian economy
8-13-2026
Researcher Shatha Khalil
The Iranian Toman crisis is no longer merely a fluctuation in the exchange market; it has become a reflection of the immense pressures facing the Iranian economy. The decline in the value of the local currency is now linked to a complex interplay of factors, most notably sanctions, military tensions, disruptions to shipping, and a drop in oil exports, coupled with high inflation. The problem is that the toman’s weakness is not confined to the currency market; it is rapidly impacting prices, production, and the purchasing power of ordinary citizens. Read more…
Categories:
UNCATEGORIZED Tags:
Iraqi Dinar Guru opinions 8-12-2026
8-12-2026 Newshound/Intel Guru Mnt Goat My CBI contact…said. They (CBI, IMF, World Bank, US Treasury) all know that once the currency is converted back to all lower denominations it must be followed by a revaluation. With the revaluation the currency must come back online (FOREX). The real nominal value must be recognized they call this the REER. She suspects that the powers controlling this are going to use the Iraqi dinar for other purposes too and so the REER rate must be very high. They are trying to secure this new rate with the economy. Read more…
Al-Zaidi to CENTCOM commander: By October, Iraq will be free of any foreign military presence.
2026-08-12
Shafaq News – Baghdad
Prime Minister Ali al-Zaidi confirmed on Wednesday evening to US Central Command chief Charles Brad Cooper that Iraq will be free of any foreign military presence on October 1st.
Al-Zaydi’s media office stated in a statement received by Shafaq News Agency that during his meeting with the CENTCOM commander, he emphasized the commitment to the agreed-upon timelines, which stipulate that September 30th will be a fixed and final date for ending the international coalition’s military mission in Iraq and completing Read more…
90 days… Pakistani predictions of an extension to the truce between Iran and America
2026-08-12
Shafaq News – Islamabad
Pakistani security sources reported on Wednesday that the ceasefire agreed upon in mid-June, as part of a framework agreement between the United States and Iran, will be extended, according to the German news agency DPA.
Sources familiar with the matter told the agency that the extension could last for an additional 60 or even 90 days, but noted that it has not yet been decided whether the ceasefire extension will be officially announced. Read more…
Categories:
UNCATEGORIZED Tags:
Al-Zaydi: The international coalition’s mission in Iraq will end in late September – final deadline.
2026-08-12
Shafaq News – Baghdad
Prime Minister and Commander-in-Chief of the Armed Forces, Ali Faleh al-Zaidi, confirmed on Wednesday that the end of the mission of the international coalition forces in Iraq at the end of next month is a final and irreversible date.
A statement from Al-Zaydi’s office, received by Shafaq News Agency, indicated that he chaired a meeting of the National Security Council, during which the course of the regional situation and the developments taking place in the region were discussed, with emphasis on Read more…
Trump: We have complete control of Hormuz
2026-08-12
Shafaq News – Washington
On Wednesday, US President Donald Trump reaffirmed his country’s complete control over the Strait of Hormuz, while also indicating that Iran is unable to do anything about it.
Trump stated in a post on the Truth Social platform, which was monitored by Shafaq News Agency, that “everyone calls our naval blockade the ‘Wall of Steel,’ and I believe we will maintain this control.” Read more…
Categories:
UNCATEGORIZED Tags:
A deputy predicts a vote on the government program in tomorrow’s session.
8-12-2026
Information/Baghdad…
Member of Parliament, Mukhtar al-Moussawi, indicated on Wednesday that the vote on the government program is likely to be included on the agenda for Thursday’s session, confirming that the program arrived in Parliament on Tuesday evening.
Al-Moussawi told Al-Maalouma that “the government program was prepared through intensive coordination and consultation between the government and various political blocs over the past period.” Read more…
Agreement without a deal: Political movement to end the Al-Zidi cabinet crisis
8-12-2026
Information/Report…
It appears that the dispute over the vacant ministerial portfolios in Prime Minister Ali al-Zaidi’s cabinet is nearing resolution, following an agreement among political blocs to expedite the filling of the remaining ministerial positions. Each bloc is to be granted its rightful share in the government, in accordance with the understandings reached prior to the government’s formation. However, an agreement is still lacking on the timeline for Read more…
Al-Haidari reveals the latest developments in completing the government cabinet
8-12-2026
The head of the Al-Asas parliamentary bloc, Alaa al-Haidari, revealed on Wednesday the date for completing the formation of the government, stating that the Parliament is awaiting an official letter from the government to convene a session dedicated to finalizing the cabinet.
Al-Haidari told Al-Maalomah News Agency, “The Parliament is waiting for the government to send a letter to the Parliament to set a date for a session to complete the cabinet.” Read more…
Exclusive: Trump administration sends message to Baghdad regarding militia weapons following Qaani’s visit
2026-08-12
Shafaq News – Washington – Mustafa Hashim
A White House official confirmed on Tuesday that Washington supports the Iraqi government’s efforts to restrict weapons to the state, stressing the need to transfer the possession of weapons exclusively to the central government. This came hours after a visit by Iranian Quds Force commander Ismail Qaani to Baghdad, during which he called on armed factions not to hand over their weapons at the present stage. Read more…
Al-Zaydi: Uncontrolled weapons are the most dangerous threat to the Iraqi state.
2026-08-12
Shafaq News – Baghdad
On Tuesday, Iraqi Prime Minister Ali Faleh al-Zaidi directed the preparation of a draft law to restrict weapons to the state, in accordance with constitutional procedures, explaining that the most dangerous threat to the state is uncontrolled weapons, as they undermine the rule of law and weaken the prestige of security institutions.
This came during his meeting with the Chairman of the Parliamentary Security and Defense Committee, Khalid Mutab Al-Obaidi, and the members of the committee. Read more…
139 priorities and 13 pieces of legislation: Al-Zaydi’s government approves its program and pushes towards unifying security decisions.
2026-08-12
Shafaq News – Baghdad
On Tuesday evening, the Iraqi Council of Ministers approved the government program for the years 2026-2029, which includes 139 priorities distributed across 14 main sectors, in addition to 13 pieces of legislation that the government has placed among its priorities for the next phase.
This came during the fourteenth regular session of the Council of Ministers, Read more…
Basra: Preparations underway to begin implementing the GMP gas pipeline project in the Artawi field.
2026-08-12
Shafaq News – Basra
The Oil Projects Company announced on Wednesday that it has completed its technical and operational preparations to begin the Gas Transportation Pipeline (GMP) project in the Artawi oil field in Basra Governorate, indicating that implementation work will commence during the current month of August.
The director of the Southern Projects Authority at the company, Abdul Hakim Qadouri, said in a statement received by Shafaq News Agency that a joint meeting was held with the French company Total Energy and the Chinese company CPP, in the presence of representatives of Basra Gas Company, Read more…
Iraqi Dinar Guru opinions 8-11-2026
8-11-2026 Newshound Guru Jeff There’s the money supply that remains physically in the country [of Iraq] and outside the country…100 trillion is the amount that remains around the world. But the bulk of that is what’s outside the country of Iraq. Remember the dinar is not tradable so when it’s outside of Iraq, the central bank doesn’t give two craps about it. They don’t care because it’s not tradable, can’t be used for anything…The money outside of Iraq is what Iraq used to pay other countries back for all the efforts they helped them with…The United States has about half of their money supply…All [Iraq] cares about is the amount of dinar remaining inside of Iraq. It’s roughly about 20 to 40 trillion dinar. When the rate changes, they trim three zeros off that. The money supply will go from 20 to 40 trillion down to 20 to 40 billion. Read more…
