Government advisor predicts total spending in 2025 budget

Government advisor predicts total spending in 2025 budget

10-26-2024

Information/Baghdad…
The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Salih, determined Friday, the expected total spending size, the hypothetical deficit, and the price of a barrel in the 2025 budget.
Salih said, “Next year’s budget 2025 will not Read more…

Tensions halt oil smuggling by US forces into Iraq

Tensions halt oil smuggling by US forces into Iraq

10-26-2024

Information/Nineveh..
An informed source confirmed, on Saturday, that oil smuggling by US forces has stopped for the first time in years.

The source said in an interview with Al-Maalouma, “The American forces are stealing large quantities of crude oil from several Syrian fields and then transporting them to Read more…

Al-Baldawi: The Sunni component’s demands regarding the parliament presidency are contrary to reality

Al-Baldawi: The Sunni component’s demands regarding the parliament presidency are contrary to reality

10-26-2024

Information / Special..
MP Mohammed Al-Baldawi confirmed today, Saturday, that the Sunni blocs have not yet agreed on a specific person to obtain the position of Parliament Speaker, while revealing the reason for not including the paragraph on electing the Speaker Read more…

The Central Bank of Iraq transfers more than a billion dollars abroad in a week

The Central Bank of Iraq transfers more than a billion dollars abroad in a week

2024-10-26 04:44

Shafaq News/ The Central Bank of Iraq’s total sales of hard currency for the US dollar during the past week amounted to more than one billion dollars.

Shafaq News Agency correspondent stated that the Central Bank sold during the past week and for the 5 days Read more…

Banking source: Issuing a BRICS currency ensures the effectiveness of monetary and fiscal policy

Banking source: Issuing a BRICS currency ensures the effectiveness of monetary and fiscal policy

2024-10-26

A banking source said that the BRICS currency that the world is talking about has not yet been determined; however, if it proves successful, its use may extend to other partners to reduce dependence on the dollar.

He explained that the issuance of the BRICS currency aims to Read more…

Iraqi Dinar Guru opinions 10-25-2024

Iraqi Dinar Guru opinions 10-25-2024

10-25-2024 Newshound/Intel Guru Mnt Goat Article: “I WANT TO SPREAD AWARENESS ABOUT ELECTRONIC PAYMENT? READY TO USE IT?” …we can interpret these electronic debit cards as yet another move by Iraq to open up to the rest of the world…yet another move out of the sanctioned – mode that Iraq has been in just occurred. Thus they are joining the world stage again but bigger and better this time… Read more…

Leader in the framework: An important meeting this evening to resolve the issue of the presidency of the House of Representatives

Leader in the framework: An important meeting this evening to resolve the issue of the presidency of the House of Representatives

1025-2024

Information/ Baghdad..
The leader of the Coordination Framework, Jabbar Awda, confirmed today, Friday, that there will be an important meeting this evening in Baghdad to decide on the options regarding the presidency of the House of Representatives file.

Awda said in an interview Read more…

Forbes adopts Nechirvan Barzani’s position: Arming the Peshmerga is a security gain for all of Iraq

Forbes adopts Nechirvan Barzani’s position: Arming the Peshmerga is a security gain for all of Iraq

2024-10-25 04:19

Shafaq News/ The American magazine “Forbes” stated that the criticisms and concerns about arming the Peshmerga forces are unfounded, stressing that the presence of well-armed Peshmerga can benefit Iraq, as possessing better weapons enhances Read more…

The end of the dollar between Russia, China and Saudi Arabia!

The end of the dollar between Russia, China and Saudi Arabia!

2024-10-25

The dollar’s global dominance began after World War II, when leaders of 44 nations met to establish a stable, reliable and permanent international monetary system. In the Bretton Woods Agreement, the dollar was made the primary means of international settlement for trade and investment as well as Read more…

Iraqi Dinar Guru opinions 10-24-2024

Iraqi Dinar Guru opinions 10-24-2024

10-24-2024 Newshound Guru Clare Article: “Removing zeros and revaluing the Iraqi dinar” Quote: “…The term redenomination, or as it is called (removing zeros from the currency). Countries usually resort to it to address rampant inflation and the decline in the value of the local currency, as the old currency is replaced with a new currency at a fixed price by removing at least 3 zeros from the old currency. Currency revaluation becomes necessary when it comes to hyperinflation because it takes a very large number of old banknotes to facilitate trade…An example of this is what happened in 2006 when Zimbabwe renamed its currency at a rate of (1000 old Zimbabwe dollars) for a new Zimbabwe dollar…Renaming the currency is a complex decision that requires a comprehensive study…” Read more…

Iraqi Dinar/US Dollar auction results for today 10-24-2024

Iraqi Dinar/US Dollar auction results for today 10-24-2024

Foreign exchange window results for Thursday 10/24/2024
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Al-Maliki Coalition: New Parliament Speaker to Take Office Next Tuesday

Al-Maliki Coalition: New Parliament Speaker to Take Office Next Tuesday

10-24-2024

Information/Baghdad…
The leader of the State of Law Coalition, Haider Al-Lami, confirmed on Thursday that the new Speaker of Parliament will be in office on Tuesday of next week, noting that there is insistence, movement and a call from the Coordination Framework Read more…

Parliamentary Integrity Commission reveals government move to recover looted funds

Parliamentary Integrity Commission reveals government move to recover looted funds

10-24-2024

Information / Baghdad..
Member of the Parliamentary Integrity Committee, Hamid Al-Shiblawi, revealed today, Thursday, a government move to recover the corrupt and the stolen money outside the country.

Al-Shablawi told Al-Maalouma Agency, “There is coordination between Read more…

Parliamentary Economy: Iraq loses 7 billion dinars annually due to this company’s fraud

Parliamentary Economy: Iraq loses 7 billion dinars annually due to this company’s fraud

10-24-2024

Information Baghdad..
Deputy Chairman of the Parliamentary Economy and Trade Committee, Yasser Al-Hussaini, confirmed today, Thursday, that Iraq loses 7 billion dinars annually due to fraud by a foreign company.

Al-Hussaini told Al-Maalouma Agency, “The Ministry of Industry has concluded Read more…

Waiting to be sent.. Oil and Gas Law on the Government Discussion Table

Waiting to be sent.. Oil and Gas Law on the Government Discussion Table

10-24-2024

Information / Baghdad..
Member of the Parliamentary Oil, Gas and Resources Committee, Kazem Al-Tawki, confirmed today, Thursday, that the draft oil and gas law is awaiting approval within the Council of Ministers, indicating that the joint committees between the federal government and the regional government are Read more…

“International Reconstruction” reveals the completion of the first designs for the Iraqi Development Road Project

“International Reconstruction” reveals the completion of the first designs for the Iraqi Development Road Project

2024-10-24 03:12

Shafaq News/ The London-based International Reconstruction Bulletin website reported that the initial engineering designs for the “Development Road” project, which will link Iraq and Turkey, have been completed.

The report of the Global Construction Bulletin, which specializes in construction Read more…

Integrity Commission hints at foreign banks’ “domination” of currency sales window, moves to limit their powers

Integrity Commission hints at foreign banks’ “domination” of currency sales window, moves to limit their powers

2024-10-24 05:30

Shafaq News/ Member of the Parliamentary Integrity Committee, Vian Dakhil, hinted on Thursday at the “domination” of foreign bank branches over the foreign currency buying and selling window at the Central Bank of Iraq.

Dakhil told Shafaq News Agency, “The committee is currently discussing the issue Read more…

Clear Iranian loss in Kurdistan elections

Clear Iranian loss in Kurdistan elections

10-24-2024

Erbil (Iraqi Kurdistan) – Iran and its allies in Baghdad have failed in their plans to influence the elections held in the Kurdistan Region of Iraq by supporting the Patriotic Union of Kurdistan (PUK) and seeking to reduce the number of seats held by the Kurdistan Democratic Party (KDP) in the regional parliament. Iran’s loss in Read more…

Iraqi Dinar Guru opinions 10-23-2024

Iraqi Dinar Guru opinions 10-23-2024

10-23-2024 Intel Guru Frank26 What did Dr. Sabibi want in order to bring forth the new exchange rate for the Iraqi dinar to remove the three zeros sanctioned program rate? Stability and Security…Banks were still being nasty…They were still selling dollars under the table at a ridiculous exchange rate…Isn’t what Jesus was mad about were the money exchangers ripping off the innocent people? Yeah, that’s what I’m mad about because it has delayed my investment. But no more. Do you agree Sudani has control of his banks? He shut down over 100…and bringing in these centers that he is controlling with Alaq from Central Bank of Iraq. Read more…

Iraqi Dinar/US Dollar auction results for today 10-23-2024

Iraqi Dinar/US Dollar auction results for today 10-23-2024

Foreign currency sales window results for Wednesday 10/23/2024
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