Economic analysis: Reduction in the traveler’s dollar rate pushes Iraqis to the black market
2026-07-07
Shafaq News – Baghdad
Economic expert Mohammed Al-Hassani suggested on Tuesday that the decision by the Central Bank of Iraq to reduce the amount allocated for air travelers from $3,000 to $2,000 will lead to an increase in demand for dollars in the parallel market during the first phase, with some travelers resorting to buying the remaining amount from local markets.
Al-Hassani told Shafaq News Agency that reducing cash allowances will push a segment of travelers who need larger sums to cover travel expenses to compensate for the difference by buying dollars from Read more…
During June, Iraq exported one-fifth of its pre-war oil volume.
2026-07-07
Shafaq News – Baghdad
Data from Vortexa showed that Iraq exported about 780,000 barrels per day of crude oil during June, which is only about 20% of the quantities it exported before the war, making it one of the Gulf countries that has not recovered its previous levels of production and export.
In contrast, the United Arab Emirates raised its crude oil production to more than 3.8 million barrels per day Read more…
Shafaq News deciphers the “code” of the biggest threat to the Iraqi dinar
2026-07-07
Shafaq News – Baghdad
The Iraqi citizen may not directly feel the rise or fall of the Central Bank’s foreign currency reserves, but he feels its effects in the dollar exchange rate, commodity prices, the purchasing power of the dinar, and even in the state’s ability to cope with economic crises.
Foreign reserves are considered the “first line of defense” for the Iraqi economy, as they give the central bank the ability to protect the dinar’s exchange rate, finance import operations, and Read more…
The government’s financial advisor reveals the fate of funds recovered from corrupt individuals.
7-7-2026
The Prime Minister’s financial advisor, Mazhar Muhammad Salih, confirmed on Tuesday that the funds recovered from corrupt individuals represent exceptional revenues that cannot be relied upon in preparing public budgets. He indicated that these funds will contribute to reducing the deficit gap and financing projects. Salih told the official news agency, “The funds recovered from corrupt individuals are important and non-recurring exceptional revenues, as they cannot necessarily and permanently be Read more…
A corruption deal in the Ministry of Defense has been uncovered, with victims amounting to 1.6 trillion dinars.
7-7-2026
The head of the Victorious parliamentary bloc, Faleh al-Khazali, announced on Tuesday a corruption deal in the Ministry of Defense that cost 1.6 trillion dinars, and called on Prime Minister Ali al-Zidi to investigate the matter.
Al-Khazali said in a press conference, “While we support the government’s measures to address and confront corruption, we submitted an official letter to Prime Minister Ali al-Zaidi regarding corruption in the Ministry of Defense within a deal to sell scrap metal,” indicating that “the quantity is no less than 4 million tons of iron and may increase.” Read more…
The “dark rooms” plan: a secret movement to dismantle the framework and undermine the government’s leadership.
7-6-2026
Information / Report..
Political warnings are escalating in Iraq about a “behind-the-scenes” movement led by influential parties to re-engineer the political landscape, through meetings held outside the usual official and diplomatic frameworks.
The warnings indicate that the meetings brought together local leaders with regional and international political and intelligence figures, and their main objective is to redistribute decision-making centers in the country and change the rules Read more…
Iraqi Dinar Guru opinions 7-6-2026
7-6-2026 Newshound Guru Jeff I wouldn’t worry about referencing Forex [with the bank when the rate change happens]. Just call your bank and ask them when they’ll be ready. They’ll be ready roughly 3 days after the rate changes, approximately around a Wednesday. Because the rate will change on what is their Sunday morning. That’s just how that works. Read more…
Warnings of a “dark cover” plot to steal the premiership from the largest political bloc
7-6-2026
Information / Special..
Jassim Mohammed Jaafar, a leader in the State of Law Coalition, revealed on Monday that some political entities are looking to have the position of Prime Minister allocated to them, and are working to change the features of the political map by using external parties to achieve this goal.
Jaafar told Al-Maalomah that “there are political parties moving to redraw the political landscape in a way that serves their interests,” noting that “these efforts are being carried out through coordination and dealings with external parties, with the aim of changing the existing political equation and reaching the premiership.” Read more…
Al-Shabaki: Al-Zaydi fortified himself before carrying out the anti-corruption operation.
7-6-2026
Information/Baghdad…
Former MP Mohammed al-Shabaki confirmed that Prime Minister Ali al-Zaidi had protected himself before launching the anti-corruption campaign, noting that the Prime Minister had presented all corruption-related files to political forces before proceeding with the campaign.
Al-Shabaki told Al-Maalouma, “Al-Zaidi launched an anti-corruption campaign targeting primarily political figures, but the operation was not carried out based on political motives. Rather, it was based on judicial rulings Read more…
Calls for al-Zaydi to end the favoritism shown to the region regarding the revenue file
7-6-2026
The former MP, Basim al-Gharibawi, asserted on Monday that the Kurdistan Regional Government (KRG) is stalling on the issue of handing over its financial entitlements to the federal government, indicating that this constitutes a violation of the constitution.
Al-Gharibawi told Al-Maalomah news agency, “The KRG has not fulfilled its financial obligations to Baghdad, including oil revenues and border crossing fees, due to the laxity of previous governments and political favoritism.” He added, “Erbil is required to pay all its dues Read more…
MP: Corruption files in arms and food procurement must be opened immediately
7-6-2026
The former deputy head of the parliamentary economic committee, Yasser al-Husseini, called on Prime Minister Ali al-Zaidi on Monday to open an investigation into corruption within the security ministries, particularly in the area of arms procurement.
Al-Husseini told the Information Agency that “there are numerous cases of corruption within the security institutions, especially in the Ministry of Defense, where many corrupt deals have been made, including those related to Read more…
Combating corruption in Iraq: Between judicial resolution and fears of “settlements”
7-6-2026
Information/Baghdad…
Political and parliamentary calls continue for activating anti-corruption measures and holding those involved in squandering public funds accountable, amid warnings against adopting settlements that could weaken anti-corruption efforts and affect public trust in oversight and judicial institutions.
Political analyst Qasim al-Tamimi warned against repeating the mechanisms used in dealing with some corruption cases, which involve recovering funds in exchange for releasing the accused. He considered such procedures potentially raising questions about the seriousness Read more…
An anticipated meeting of the framework… Will the corruption files and the ministerial cabinet be resolved?
7-6-2026
The Victory Coalition, a component of the Coordination Framework, confirmed on Monday that the Framework’s leaders intend to hold a new meeting to discuss three prominent political and security issues.
Coalition spokesman Aqeel al-Rudaini told the Information Agency that “the Coordination Framework leaders will hold a meeting today to discuss three important issues, foremost among them the fight against corruption.”
He added that “the other two issues to be discussed are completing the cabinet Read more…
A human rights center calls for the protection of “whistleblowers” to ensure the success of “Operation Dawn”.
2026-07-06
Shafaq News – Baghdad
The Strategic Center for Human Rights confirmed on Monday that about 43% of cross-border corruption cases uncovered globally began through reports submitted by individuals or through internal reporting systems, which confirms that whistleblowers represent the first line of defense in protecting public funds and establishing the principles of integrity and transparency.
The center stated in a statement received by Shafaq News Agency that the national campaign to combat corruption Read more…
Details of the second phase of “Operation Dawn”: Ministers, Directors-General, and MPs on the list
2026-07-06
Shafaq News – Baghdad
On Monday, Iraqi parliament member Abdullah Al-Khaigani revealed that there was an agreement between Prime Minister Ali Al-Zaidi and the head of the Supreme Judicial Council, Faiq Zaidan, to proceed with holding those involved accountable without targeting any political entity at the expense of another.
Al-Khaigani told Shafaq News Agency that “Al-Zaydi, Zaidan, and the security force carrying out the operations agreed to hold corrupt individuals accountable without Read more…
Tomorrow, al-Zaydi will receive the body of Ali Khamenei at Najaf Airport.
2026-07-06
Shafaq News – Baghdad
An informed source reported on Monday that Iraqi Prime Minister Ali al-Zaidi will receive the body of former Iranian Supreme Leader Ali Khamenei at Najaf International Airport on Tuesday evening.
The source told Shafaq News Agency that the reception ceremony will take place with official attendance at Najaf International Airport, without disclosing further details.
In contrast, Iranian media reported that “Khamenei’s family Read more…
After a two-year hiatus, the Iraqi government begins preparing the 2027 budget draft.
2026-07-06
Shafaq News – Baghdad
On Monday, Mazhar Muhammad Salih, advisor to the Iraqi Prime Minister for Financial Affairs, revealed that the Ministry of Finance has begun preparing the draft federal general budget law for 2027, in the first new budget that Iraq has begun preparing after two years without approving a federal budget.
Saleh told Shafaq News Agency that the Ministry of Finance began preparing the draft federal general budget law for 2027 during the month of July, based on the Financial Management Law, Read more…
Iraq is threatened with losing a Korean air defense system due to funding delays.
2026-07-06
Shafaq News – Baghdad
On Monday, Faleh al-Khazali, head of the “Victorious” parliamentary bloc, warned of the possibility of Iraq losing the South Korean air defense system contract, after Baghdad received official notification from Seoul that the system could be sold to another country if the remaining payments are not made.
Al-Khazali told Shafaq News Agency that “the Ministry of Defense had previously signed a contract with South Korea to equip Iraq with an air defense system, worth $2.7 billion.” Read more…
Sudanese bloc: Combating corruption must include everyone without exception
2026-07-06
Shafaq News – Baghdad
The Reconstruction and Development parliamentary bloc, led by former Prime Minister Mohammed Shia al-Sudani, affirmed on Monday its full support for the measures taken by the Iraqi government and the Supreme Judicial Council in pursuing corruption cases, stressing the need for investigations to include all cases “without selectivity.”
Several members of the bloc said during a press conference Read more…
Supreme Judicial Council: The amount of money seized in the Al-Jumaili case has risen to (127) billion dinars and (24) million dollars
7-6-2026
The Supreme Judicial Council announced on Monday the seizure of 25 billion Iraqi dinars in the case of the Deputy Minister of Oil for Liquidation Affairs. The Council stated in a statement published by the official agency that “the investigating judge of the Central Anti-Corruption Criminal Court explained the seizure of (25) billion Iraqi dinars, in addition to the seizure of an amount of (one million dollars), along with the seizure of gold jewelry estimated at about (5) kilograms Read more…
