Parliamentary Finance Committee: No solutions yet for the salary crisis
2026-08-06
Shafaq News – Baghdad
On Thursday, Hussein al-Daraji, a member of the parliamentary finance committee, confirmed that the finance minister had requested to be hosted in parliament to explain the country’s financial situation and discuss the draft borrowing law, while noting that there were no solutions yet to the salary crisis.
Al-Daraji told Shafaq News Agency that the parliament’s presidency has not yet set a date for the session to host the finance minister, which the latter requested, indicating that the session will include a discussion of the draft borrowing law, which the government had previously sent as part of a package of draft laws. Read more…
The movement opposing “Khor Abdullah” demands a clear response from Baghdad regarding the Kuwaiti and Saudi memoranda.
2026-08-06
Shafaq News – Basra
The popular movement opposing the Khor Abdullah agreement called on the federal government on Thursday to issue a clear response to the protest notes sent by both Saudi Arabia and Kuwait regarding the maritime borders approved by Iraq, stressing that the country’s borders and waters are not subject to negotiation or compromise.
The movement stated in a statement that it is closely following the recent moves and restrictive measures Read more…
The Minister of Oil directs an increase in production from Kirkuk oil fields and prioritizing local employment.
2026-08-06
Shafaq News – Baghdad
Oil Minister Bassem Mohammed Khudair Al-Abadi stressed on Thursday the need to increase and sustain crude oil production from the four Kirkuk fields, while also promoting gas investment and employing local workers.
This came during his chairmanship of the fourth meeting of the joint management of the field development project being implemented by the British company BP. Read more…
Iraqi Dinar Guru opinions 8-5-2026
8-5-2026 Newshound Guru Jeff Right now Iraq is claiming they only have a currency shortage to pay salaries. They can pay all their other bills. I searched the news for two hours a day. I have not seen one article saying they can’t pay any other bills…They’re able to pay all their other bills, just not salary payments. Think about that carefully…Why is it they can’t only pay salaries? Because in a new budget period with a pending rate change they would have to adjust salary pay scales and approve the budget. To approve the budget, the new currency value has to exist and be in place…This suggests to me the rate changing is most likely in August. Read more…
The Iraqi Ministry of Finance and the World Bank begin preparing a roadmap for digital transformation.
2026-08-05
Shafaq News – Baghdad
The Iraqi Ministry of Finance announced on Wednesday that it has begun implementing the requirements for preparing the executive roadmap for digital transformation in cooperation with the World Bank.
According to a statement from the Ministry of Finance received by Shafaq News Agency, this came during a meeting held by the Undersecretary of the Ministry, Ali Karim, with a World Bank delegation headed by Emmanuel Salinas, and in the presence of the Directors Read more…
Tomorrow, the framework will discuss completing the formation of the government.
8-5-2026
Information/Baghdad…
A member of the Coordination Framework, Uday Abdul-Hadi, confirmed on Wednesday that the Coordination Framework forces will hold a meeting tomorrow to discuss five issues on the agenda.
Abdul-Hadi explained to Al-Maalouma that, “According to available information, the Coordination Framework forces, with all their leaders, will hold an important meeting tomorrow in Baghdad, in the presence of Prime Minister Ali al-Zubaidi, to discuss five issues on the agenda. The most Read more…
The last American air defense system was dismantled inside the Harir base in Erbil.
8-5-2026
Information/Erbil…
Informed sources revealed on Wednesday that the last air defense system inside Harir Air Base near Erbil has been dismantled.
The sources explained to Al-Maalomah that “technical teams inside Harir Air Base have completed, according to field indicators, the dismantling of the last air defense system belonging to the American forces, as part of accelerated withdrawal steps, in compliance with the agreement between Washington and Baghdad, under which the American military presence in Iraq will end entirely by the end of this month.” Read more…
Political pressure or a reform campaign? Calls for Al-Zaydi to open long-pending corruption files.
8-5-2026
The issue of combating corruption has resurfaced in the political arena, with growing talk of political pressure on the government. This coincides with demands to reopen files and review contracts signed during previous administrations. Parliamentarians are emphasizing the need for legal and political cover for the relevant authorities to pursue those involved and recover public funds. They assert that the success of any anti-corruption campaign requires neutralizing political pressure and enabling oversight and judicial institutions to perform their duties without interference. Furthermore, they stress the importance of reviewing contracts and files suspected of involving the misuse of public funds. In this Read more…
A preliminary agreement has been reached to fill the vacant ministerial positions by the end of August.
8-5-2026
Information/Special..
Former MP Jassim Mohammed Jaafar predicted on Wednesday that the political forces will agree to pass the nine ministries within the next few days, and that they may be put to a vote before the House of Representatives at the end of this August.
Jaafar explained in a statement to Al-Maalomah News Agency that “there is a consensus among most political forces to present the names of candidates to fill these nine vacant ministries to the House of Representatives as a single package,” predicting that “the vote on the remaining ministries will take place in the House of Representatives at the end of this August.” Read more…
Parliament announces receipt of draft external borrowing law from the government
8-5-2026
Information/Special..
The Parliamentary Finance Committee revealed on Wednesday that the draft law on external borrowing and grants for the year 2026 has arrived from the Ministry of Finance to Parliament in order to make some amendments and additions before it is put to a vote.
Committee member Jamal Kojar told Al-Maalomah News Agency that “the government has two options to solve the cash liquidity crisis. The first is to print money to save funds, and the second is to arrest the corrupt in order to withdraw all the money they stole Read more…
Before the deadline and al-Zaidi’s visit, the “Islamic Resistance” intensifies its meetings regarding the Saudi bombing.
2026-08-05
Shafaq News – Baghdad
Informed sources revealed on Wednesday that the “Islamic Resistance in Iraq” factions are intensifying their meetings to decide on their response to the Saudi bombing that targeted the Popular Mobilization Forces last month, ahead of the deadline expiring tomorrow, Thursday, and Prime Minister Ali al-Zubaidi’s scheduled visit to Riyadh.
Sources told Shafaq News Agency that “the armed factions are serious about a military response to Saudi Arabia, but Read more…
The US Treasury removes Fly Baghdad from its sanctions list.
2026-08-05
Shafaq News – Washington
The US Treasury Department announced on Wednesday that it had removed Fly Baghdad Airlines from its sanctions list.
The ministry said in a statement: The following items have been removed from the Office of Foreign Assets Control’s sanctions list: Fly Baghdad Airlines, also known as Iraq Express. Read more…
Exclusive: Iraqi currency issuance jumps 13.8% in five months under pressure from salaries and expenses
2026-08-05
Shafaq News – Baghdad
A special survey conducted by Shafaq News Agency showed that the volume of Iraqi currency issuance rose to 113.560 trillion dinars in May 2026, an increase of about 13.761 trillion dinars, or 13.8%, compared to the end of December 2025, amid escalating financial pressures that prompted the government to seek liquidity to ensure the payment of salaries and basic expenses.
According to data monitored by the agency, the issuance of cash rose from 99.799 trillion dinars Read more…
CENTCOM: The southern route to the Strait of Hormuz is open to commercial vessels.
2026-08-05
Shafaq News – Middle East
The US Central Command (CENTCOM) announced Tuesday evening that the southern route through the Strait of Hormuz is open to all commercial vessels wishing to cross this international waterway.
The command said in a post on the “X” platform, which was followed by Shafaq News Agency, that during the past three months, US forces provided assistance to more than a thousand ships to successfully cross the strait despite the unjustified Iranian aggression, and these operations are still ongoing to this day. Read more…
Categories:
UNCATEGORIZED Tags:
An Iranian cleric calls for detonating a nuclear bomb in the Atlantic and flooding America with a “tsunami”.
2026-08-05
Shafaq News – Tehran
On Tuesday, Iranian cleric Mohammad Baqer Kharrazi called for his country to acquire a nuclear bomb and use it in the Atlantic Ocean to create massive tsunamis that would reach the American coast.
During a speech at the Arbaeen commemoration of Imam Hussein in Iran, Kharrazi said , “The only way to save the country is to make an atomic bomb and detonate it, so that others realize they are dealing with a madman.” Read more…
Categories:
UNCATEGORIZED Tags:
Iraq announces exporting more than 7,000 tons of cement to Syria monthly.
2026-08-05
Shafaq News – Baghdad
The Iraqi General Cement Company, one of the companies of the Ministry of Industry and Minerals, announced on Wednesday that the design capacity of the Al-Qaim cement plant has been achieved, amounting to 840,000 tons per year of resistant cement.
The company’s general manager, Zuhair Dawood Ahmed, said in a statement issued by the ministry that the factory’s production rate reaches 70,000 tons per month, which meets the needs Read more…
Trump: The Strait of Hormuz could open today or tomorrow, Thursday.
2026-08-05
Shafaq News – Washington
US President Donald Trump said that an agreement on the Strait of Hormuz could be reached as early as Wednesday or Thursday.
According to the Associated Press, journalists accompanying Trump in California asked the US president about a report published on the Axios news website stating that an announcement regarding the Strait of Hormuz might be issued on Wednesday. Read more…
Categories:
UNCATEGORIZED Tags:
Why is Iraq offering such large discounts on its oil? Officials explain the reasons.
2026-08-05
Shafaq News – Baghdad
Oil officials confirmed on Wednesday that Iraq’s reliance on selling most of its oil exports under the FOB system is due to the limited size of its maritime fleet, which forces it to depend on foreign tankers to transport the bulk of its exports.
Officials told Shafaq News Agency that the FOB system means that Iraq’s responsibility ends once the oil is loaded onto the tanker at export ports, while the buyer bears the costs of shipping, insurance and maritime transport risks. Read more…
Does the increased money supply threaten the stability of the Iraqi economy? Al-Zaydi’s advisor explains the risks.
2026-08-05
Shafaq News – Baghdad
The Prime Minister’s financial and economic advisor, Mazhar Muhammad Salih, revealed on Wednesday the impact of increased currency issuance in Iraq on economic and financial stability.
Saleh told Shafaq News Agency that “the issuance of currency in Iraq recorded a remarkable increase during the first five months of 2026, reaching about 113.560 trillion dinars by the end of May, an increase of 13.761 trillion dinars, or Read more…
Saudi Arabia affirms its support for Iraq in a way that prevents its territory from becoming a tool of “aggression” against its neighbors.
2026-08-05
Shafaq News – Amman
Saudi Arabia affirmed on Wednesday its support for everything that would enhance Iraq’s interests and its relations with Arab and Islamic countries, ensuring that its lands and resources are not turned into a tool for aggression against its neighbors.
This came during a meeting between Saudi Foreign Minister Faisal bin Farhan and Iraqi Deputy Prime Minister and Foreign Minister Fuad Hussein, on the sidelines of the ministerial meeting Read more…
