The dilemma of wealth and justice: The 2027 budget renews the dispute between Baghdad and Erbil.
10-28-2026
The issue of the Kurdistan Region’s share of the federal budget remains at the heart of Iraq’s persistent financial crises, with political and economic conflicts resurfacing with each review of the budget items.
Parliamentary and public opposition is mounting against any move to increase Erbil’s financial allocations at the expense of the central and southern provinces, particularly oil-producing and impoverished regions. There are growing demands to subject the distribution of wealth to the principles of Read more…
Al-Gharibawi: Mismanagement and corruption have squandered enormous sums of money on unproductive projects.
10-28-2026
Information/Special..
Former MP, Bassem Al-Gharibawi, criticized on Wednesday the lack of government planning and poor management of the country’s economic and service sectors, stressing that the past periods witnessed the waste of huge sums of money on useless and stalled projects, in addition to some of them being subjected to looting and financial and administrative corruption.
Al-Gharibawi told Al-Maalomah News Agency that “the past period witnessed Read more…
Al-Kalabi responds: Al-Sudani plunged Iraq into debt and should be summoned to a public hearing.
2026-10-28
Shafaq News – Baghdad
MP Youssef Al-Kalabi responded on Tuesday evening to the Reconstruction and Development bloc after he was referred to the parliamentary conduct committee at the request of the bloc, following a statement he made about the head of the Reconstruction and Development Alliance, Mohammed Shia Al-Sudani, which they considered “offensive,” demanding that Al-Sudani, in his capacity as the former Prime Minister, be hosted under the dome of Parliament to explain “how he drowned Iraq in debt.” Read more…
Syrian President: Iraq’s borders are completely secure, we have joint coordination, and there is no threat to our two countries.
2026-10-28
Shafaq News – Damascus
Syrian President Ahmed al-Sharaa confirmed on Tuesday evening that the border with Iraq is completely secure and that there is joint coordination, noting that there is no organization that poses risks or a threat to either country.
Al-Sharaa said in a televised interview on Dijlah TV, Read more…
Report: US preparing for “intensive military campaign” against Iran in coordination with the Gulf states
2026-10-28
Shafaq News – Follow-up
The Wall Street Journal, citing informed sources, revealed that the United States has informed Gulf states of the need to prepare for a short and intensive military campaign against Iran, amid American and Israeli military moves aimed at weakening Tehran and pushing it back to the negotiating table.
According to the newspaper, these contacts came through diplomatic and Read more…
Categories:
UNCATEGORIZED Tags:
Netanyahu: Likud is the largest party, and there will be no government formed by Arab lists.
2026-10-28
Shafaq News – Follow-up
Israeli Prime Minister Benjamin Netanyahu said on Wednesday that his Likud party is the largest party in Israel, and that the right-wing camp has a “large, influential” and “decisive” majority, calling for the formation of a strong national government and rejecting the establishment of a government that relies on Arab lists. Read more…
Categories:
UNCATEGORIZED Tags:
Al-Hakim: The financial crisis in Iraq is exceptional, and we look forward to enacting the 2027 budget before the end of the year.
2026-10-28
Shafaq News – Diyala
The head of the National State Forces Alliance, Ammar al-Hakim, described on Wednesday the financial crisis that Iraq is going through as a “comprehensive national” crisis resulting from an exceptional circumstance due to security tensions and disruptions to energy supply chains in the region, expressing his hope that the government and parliament will be able to pass the 2027 budget law before the end of this year. Read more…
Four officers dismissed and an investigative council formed regarding the insult to the American flag in Baghdad
2026-10-28 00:08
Shafaq News – Baghdad
The office of the Commander-in-Chief of the Armed Forces decided to dismiss four officers in the Iraqi Ministry of Interior from their positions, directing the formation of an investigative council against them for their negligence and shortcomings in their security duties, and for allowing members of the Popular Mobilization Forces to insult the flag of the United States of America. Read more…
The “committee deadlock” is disrupting coordination framework meetings and delaying decisions in parliament.
2026-10-28
Shafaq News – Baghdad
A member of the State of Law parliamentary bloc revealed on Wednesday that political understandings are continuing regarding the distribution of parliamentary committees and the appointment of their heads, suggesting that the matter will be resolved in the coming days. Meanwhile, a source within the coordination framework reported the postponement of the periodic meeting of the framework’s leaders due to the failure to reach a final agreement regarding the leadership of some committees. Read more…
The budget crisis between Baghdad and Erbil: Where does the obstacle to a settlement lie?
2026-10-28
Shafaq News – Baghdad/Erbil
The roots of the financial and oil dispute between the federal government and the Kurdistan Region go back to 2005, while the beginning of 2014 marked a turning point when Baghdad cut off the region’s share of the budget, and the crisis continued due to disagreements over oil and non-oil revenues, salaries, and the mechanism for calculating financial entitlements. Read more…
Al-Zaydi’s office: Disarmament in Sinjar is the exclusive responsibility of the federal authorities, and we have taken control of the mountain sites.
2026-10-28
Shafaq News – Baghdad
A spokesman for the Iraqi armed forces confirmed on Wednesday that the integration and organization of the Sinjar Protection Units falls within its exclusive jurisdiction, tasks, and duties, noting that its positions in the Sinjar Mountains have been handed over to Iraqi army units and other formations of the armed forces. Read more…
The Central Bank of Iraq grants its employees housing loans of up to 300 million dinars
2026-10-28
Shafaq News – Baghdad
The Board of Directors of the Central Bank of Iraq approved a new mechanism for housing finance allocated to bank employees, which includes setting financing ceilings and repayment periods in a way that contributes to easing the financial burdens on employees and enhancing their opportunities to obtain housing finance.
According to Resolution No. (164) of 2026, issued based on the deliberations of the Board of Directors, Read more…
Parliamentary Finance Committee: Pension salary deficit reaches 360 billion dinars and is increasing monthly
2026-10-28
Shafaq News – Baghdad
On Wednesday, Hussein Al-Daraji, a member of the parliamentary finance committee, revealed that there is a deficit in pension salaries amounting to 360 billion dinars, noting that it is increasing monthly.
Al-Daraji told Shafaq News Agency that the Finance Committee in the House of Representatives hosted, on Tuesday, the Director General of the National Read more…
Al-Zaydi and Al-Sharaa chair extensive talks in Damascus: Strengthening partnership and exporting oil via Banias
2026-10-28
Shafaq News – Damascus
Prime Minister Ali al-Zaidi and Syrian President Ahmed al-Sharaa chaired an expanded meeting of talks between the two countries’ delegations on Wednesday in the capital, Damascus.
Al-Zaydi’s office, in a statement received by Shafaq News Agency, quoted him as saying that the Iraqi and Syrian peoples are one people in two countries, Read more…
Iraqi Dinar Guru opinions 10-27-2026
10-27-2026 Newshound Guru Jeff Article: “Currency reform before removing zeros: An economist tells Iraq Observer that the roadmap is to strengthen the value of the Iraqi dinar” This is a really good article…The next currency reform step is the…? Rate change… The rate has to change first, which is implementing currency reforms…which is code name for rate change, before removing zeros… Quote “Strengthening the value of the dinar and achieving broader financial stability (having your currency tradable, having it recognized internationally) must precede any decision to redenominate.” Read that carefully…Damn good article. Read more…
Al-Rafidain: Tomorrow is the start of applications for the second batch of electronic loans.
2026-10-27
Shafaq News – Baghdad
On Tuesday, Rafidain Bank announced the completion of the first batch of electronic loans for employees and retirees, after completing the procedures for their applications.
The bank indicated in a statement received by Shafaq News Agency that applications will be reopened at 8:00 AM on Wednesday to receive Read more…
A new operations room is being established in preparation for taking over the security file in the governorates.
2026-10-27
Shafaq News – Baghdad
On Tuesday, Ali Nahir, a member of the Parliamentary Security and Defense Committee, revealed that the House of Representatives held a dialogue session during which it hosted police leaders in all governorates not affiliated with the Kurdistan Region, to discuss security files and mechanisms for dealing with them.
Nahir told Shafaq News Agency that the Parliamentary Security and Defense Committee continues to support police commanders in order to establish security and stability, expressing his belief that the current police commanders are among the best commanders in the Ministry of Interior. Read more…
The Finance Committee will host the Central Bank Governor and the Minister of Finance this week to discuss budget financing.
10-27-2026
The Parliamentary Finance Committee announced on Tuesday that it will host the Governor of the Central Bank and the Minister of Finance this week to discuss budget financing. It confirmed that customs exemptions for some materials will reduce budget financing, and that it is looking for alternatives. The head of the Parliamentary Finance Committee, Uday Awad, stated in a statement to the Iraqi News Agency (INA): “The committee discussed with the Director General of the Customs Authority, during his hosting, Read more…
Al-Dulaimi: The government withdrew the Popular Mobilization Forces law under American pressure before referring it to parliament.
10-27-2026
Information/Anbar
On Monday, Mohammed al-Dulaimi, a leader in the Anbar Alliance, revealed that the central government withdrew the Popular Mobilization Forces Law before it was presented to the House of Representatives for ratification of its clauses, following American pressure, and postponed the voting process indefinitely. Read more…
Mosul Dam reservoir at its best level in five years
10-27-2026
Information/Nineveh…
Informed sources revealed on Tuesday that the releases from the Mosul Dam into the Tigris River basin have remained stable for the third consecutive day, denying reports that the releases had been increased to 800 cubic meters per second. Read more…
