Iraqi Dinar Guru opinions 8-25-2026
8-25-2026 Newshound Guru Clare Article: “Iraq to introduce new banknotes with three zeros removed” Quote: “Iraq intends to remove three zeros from its currency to modernize financial transactions, reduce physical cash circulation, and return stockpiled funds to the official banking system… Under the suggestion, a 25,000-Iraqi dinar note would become 25 Iraqi dinars, but the currency’s purchasing power and true financial value would stay unaffected…Iraq has sought printing partners in the United Kingdom and Australia, as well as its traditional suppliers in France and Germany, to create an estimated 7.5 billion new banknotes…the Central Bank of Iraq (CBI) has yet to present a formal draft bill to parliament.” Read more…
The Central Bank of Iraq reveals the amount of local currency in circulation.
2026-08-25
Shafaq News – Baghdad
Data from the Central Bank of Iraq’s economic indicators revealed on Tuesday that the total currency issued by the bank in the markets rose to 111.189 trillion dinars by the end of June 2026, compared to 99.799 trillion dinars at the end of 2025, an increase of about 11.4 trillion dinars.
According to data seen by Shafaq News Agency, net currency outside banks Read more…
“Borrowing Law”: The Iraqi Parliament awaits the green light from the government
2026-08-25
Shafaq News – Baghdad
On Tuesday, Nasser Turki, a member of the parliamentary finance committee, confirmed that the House of Representatives is waiting for the government to officially send the draft borrowing law to parliament, in order to avoid a financial gap and to ensure that the law does not differ from the vision and policy of the Iraqi government.
Turki told Shafaq News Agency that “the parliamentary finance committee submitted the draft borrowing law to Read more…
Trump: We are monitoring every inch of the Strait of Hormuz and have removed all mines from it.
2026-08-25
Shafaq News – Washington
US President Donald Trump asserted on Tuesday that the United States is monitoring “every inch” of the Strait of Hormuz, Jabal al-Fus, and the three other nuclear sites that have already been destroyed.
Trump added, in statements followed by Shafaq News Agency, that “the US Navy informed me that all mines have been removed or detonated in the international waters of the Strait of Hormuz.” Read more…
Government approval to revive Iraq’s oldest oil refinery… Al-Karawi reveals the details
8-25-2026
The head of the Diyala Provincial Council, Omar al-Karawi, revealed on Tuesday that the government has approved a study for the revival of the Alwand refinery, one of the oldest oil refineries in Iraq, located in the northeastern part of the province.
Al-Karawi explained to Al-Maalomah that “the Diyala Council submitted a request to the government months ago to revive and reconstruct the Alwand refinery, which is one of the oldest oil refineries in Iraq. It was established in Read more…
Al-Jalabi warns against a repeat of the confidence vote conspiracy: it will end the life of the government and parliament.
8-25-2026
Information/Baghdad…
Zuhair al-Jalabi, a member of the State of Law Coalition, warned against any attempt to repeat the conspiracy that occurred during the confidence vote session for al-Zidi’s government, noting that repeating this scenario would mean the early end of the government and parliament. Al-Jalabi told Al-Maalouma, “What happened in the conspiracy during the confidence vote session for al-Zidi’s government must not be repeated in the coming days when the vote on the remaining ministerial portfolios is held.” Read more…
Nine ministries remain vacant… The Democratic Party reveals the path to completing Al-Zidi’s cabinet.
8-25-2026
Information/Baghdad…
Wafa Mohammed, a member of the Kurdistan Democratic Party (KDP), explained the mechanisms for finalizing and approving the vacant ministerial portfolios in al-Zaidi’s cabinet, stressing the necessity of consensus among political blocs to ensure the approval of the nominees.
Mohammed told Al-Maalouma, “Approving the nominees for al-Zaidi’s cabinet primarily requires the agreement of all political blocs,” noting that Read more…
Diyala Council announces roadmap to revive more than 500 factories and plants
8-25-2026
The Diyala Provincial Council revealed on Tuesday that it has submitted a roadmap to revive more than 500 factories and plants within the province, which could create at least 20,000 jobs in a short period.
Council Chairman Omar al-Karawi explained to Al-Maalomah that “Diyala has more than 500 privately owned factories and plants spread across several areas, collectively forming a vital sector that could provide at least 20,000 job opportunities in a short time if their production lines are restarted.” Read more…
Nineveh Council: Mosul Dam is safe and its water reserves are at their highest level in years.
8-25-2026
The Nineveh Provincial Council confirmed on Tuesday that the Mosul Dam is safe, noting that its water level is the highest it has been in several years.
Council member Mohammed Jassim al-Kaka’i told Al-Ma’louma that “the situation at the Mosul Dam is secure, and reports of water leaks are unfounded.” He added that “grouting operations are being carried out according to technical and engineering procedures, under the direct supervision of the Ministry of Water Resources.”
He further stated, “We are closely monitoring this matter and confirm that the dam’s water Read more…
MP: Iran allowing Iraq to export oil enhances chances of overcoming the financial crisis
8-25-2026
Information/Baghdad…
MP Hamid Mohammed, from the National Approach bloc, affirmed on Tuesday that Iran’s permission for Iraq to export oil through the Strait of Hormuz would alleviate the severity of the financial and economic crisis the country is experiencing, given its heavy reliance on oil revenues.
Mohammed told Al-Maalouma that “allowing Iraq to export oil through the Strait of Hormuz represents an important step in maintaining the flow of oil Read more…
Abdul Hadi: The Adnan al-Jumaili case is not closed… and new funds are being uncovered daily.
8-25-2026
Information/Baghdad…
On Tuesday, Uday Abdul-Hadi, a member of the Coordination Framework, confirmed that the case of former Deputy Minister of Oil Adnan al-Jumaili, who is currently detained, remains open. He indicated that the amount of money uncovered continues to increase daily as more theft and embezzlement operations are revealed.
Speaking to Al-Maalouma, Abdul-Hadi explained, “The Adnan al-Jumaili case is not yet closed, and investigations are ongoing, especially since investigative committees are uncovering more theft, embezzlement, and fraud operations Read more…
$3 billion annually… Al-Lami reveals the gains from stopping the flaring of associated gas
8-25-2026
Information/Baghdad…
Former member of the Parliamentary Energy Committee, Ali al-Lami, confirmed on Tuesday that halting the flaring of associated gas in Iraqi oil fields by the end of 2027 is a realistic possibility, noting that this achievement would save the state treasury at least three billion dollars annually.
Al-Lami explained to Al-Maalouma that “efforts to invest in and utilize associated gas in oil fields across nine sites in the south and central Euphrates region are achieving significant progress, especially since the completion rate in some projects has exceeded 70%.” Read more…
Maliki’s coalition reveals its top candidates for the Ministry of Interior
8-25-2026
Information/Baghdad…
MP Shaima al-Fatlawi, from the State of Law Coalition, revealed on Tuesday the coalition’s top candidates for the position of Minister of the Interior, confirming that a list containing several names had been sent to Prime Minister Ali Falih al-Zaidi.
Al-Fatlawi told the Information Agency that “the State of Law Coalition discussed in detail a number of competent individuals to be nominated Read more…
Al-Zaydi’s parliamentary bloc: Exploit the framework cover and open the major corruption files
8-25-2026
The Reconstruction and Development parliamentary bloc called on Prime Minister Ali Faleh al-Zaidi on Tuesday to utilize the political cover provided by the anti-corruption coordination framework and to continue investigating corruption cases in previous ministries without limiting himself to specific names or files.
Bloc spokesperson Firas al-Muslawi told the Information Agency that “the success of al-Zaidi’s government hinges on continuing to investigate major Read more…
Reconstruction reveals criteria for distributing one million plots of land and indicates new facilities for housing loans.
8-25-2026
The Ministry of Construction and Housing revealed on Tuesday the mechanism for prioritizing applicants for the distribution of one million plots of land, based on eligibility criteria. The ministry also indicated that there are proposals to facilitate access to affordable housing loans.
Ministry spokesperson Nabil al-Saffar told the official Iraqi News Agency, as reported by Al-Maalomah News Agency, that “it is still too early to discuss including the land plots announced by the government as part of the one million residential plot initiative in Baghdad and the provinces in the Housing Read more…
Washington threatens to use “military force” in the Strait of Hormuz
2026-08-25
Shafaq News – Washington
US Defense Secretary Pete Hegseth on Monday threatened to use military force in the Strait of Hormuz, or anywhere else, in a reference to Iranian territory.
Hegseth added, “We know that Iran cannot withstand the pressure and its economy is in a downward spiral.”
The US Secretary of State pointed out that “Iran knows that we control the Strait of Hormuz and that our blockade Read more…
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Banking reform in Iraq: A transformation or a temporary settlement?
2026-08-25
Shafaq News – Baghdad
Economic experts emphasize that reforming the Iraqi banking sector has become a necessity that goes beyond addressing the restrictions imposed on a number of banks or improving their relations with foreign financial institutions, to include rebuilding confidence in banks, cleaning up their balance sheets, and strengthening governance and oversight.
Experts also stress the importance of expanding credit directed to the real economy, at a time when Baghdad is Read more…
Extending the export agreement for the Kurdistan Region until 2027 will restore production at the “Sheikan” field to 40,000 barrels per day.
2026-08-25
Shafaq News – Follow-up
Gulf Keystone Petroleum, the British company operating in the Kurdistan Region, announced on Tuesday its financial and operational reports for the first half of 2026, confirming the resumption of its operations after their temporary suspension last July, and the distribution of profits worth $10 million to its shareholders.
The company stated in its report that the temporary tripartite agreement between foreign companies, the federal government and Read more…
Salary payments in Iraq have been delayed until the end of the month or the beginning of next month due to “liquidity shortages and funding delays”.
2026-08-25
Shafaq News – Baghdad
An informed source revealed on Tuesday that the payment of state employees’ salaries may be delayed until the end of this month or the beginning of next month, attributing this to the fact that funding for ministries and state institutions has not yet been released, despite the month having passed.
The source explained in a statement Read more…
A Turkish report outlines the Zaidi equation: Washington for investment, Tehran for balance, and Ankara for development.
2026-08-25
Shafaq News – Translation
The successive and rapid visits of Iraqi Prime Minister Ali al-Zaidi to Washington, Tehran and Ankara are considered “important” in terms of demonstrating the new government’s approach to foreign policy, according to the Turkish website ” Politics Today ,” which believes that al-Zaidi’s moves show his pursuit of investment from the United States, political balance from Iran, and economic ties from Turkey.
“Politics Today” said in a report translated by Shafaq News Agency that, for Iraq, Washington and Tehran are two Read more…
