A government advisor explains the importance of loan bonds in supporting the budget.
2025/03/24
The Prime Minister’s financial advisor, Mazhar Mohammed Saleh, considered issuing loan bonds to support spending in the financial budget.
Saleh told Al Furat News Agency, “The Ministry of Finance, in cooperation with the Central Bank of Iraq, issued the first issue of borrowing bonds worth 2 trillion Read more…
Al-Sudani: Electronic automation is the ideal solution to combat financial corruption.
3-24-2025
Al-Maalouma/Baghdad..
Prime Minister Mohammed Shia Al-Sudani stressed, on Monday, the importance of having the judicial departments in one place to reduce the effort on reviewers, while indicating that the implementation of the electronic automation project will contribute to facilitating the completion of Read more…
Is Washington using the dollar to destabilize Iraq?
3-24-2025
Information/Special..
Security expert Mu’ayyad al-Juhaishi ruled out on Monday the possibility of the United States resorting to a military option to strike Iraq, suggesting it would instead rely on economic tools to exert pressure and Read more…
To compensate for Iranian gas, Iraq plans to build two floating platforms in the Gulf.
2025-03-24 05:21
Shafaq News/ Bloomberg reported that Iraq is trying to address the electricity shortage caused by US sanctions on Iran by negotiating with several companies to establish two floating platforms at sea to store and transfer gas by next Read more…
Trump: April 2 will be Freedom Day for America
2025-03-24
US President Donald Trump declared on Sunday, March 23, 2025, that April 2 will be “Freedom Day” for America, announcing new tariffs.
Trump wrote in a post on Truth Social: “It would be far better if Read more…
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Iraqi Dinar Guru opinions 3-23-2025
3-23-2025 Newshound Guru Militia Man German report “Iraq is moving towards issuing a digital currency to eliminate US control over the central bank.” Quote “Iraq has begun abandoning the US dollars…It will have the same value as traditional currencies but will trade electronically via digital wallets or approved financial applications…” It’s really good for all this information to come out about digital currency and the power that it has because it’s going to be legally accepted. It’s going to be legally enforced as a monetary unit…Germany reporting on it is a big deal. They have some big banks over in Germany. Read more…
Al-Sudani directs the preparation of plans to accelerate the reform process of Rafidain and Rashid banks in accordance with international standards.
2025-03-23
Prime Minister Mohammed Shia al-Sudani has directed the preparation of plans to expedite the reform process of the Rafidain and Rashid banks in accordance with international standards.
A statement from his media office said that Prime Minister Mohammed Shia al-Sudani chaired a meeting on Sunday to follow up on reform measures Read more…
Rafidain Bank launches a banking transactions monitoring system in a number of its branches.
2025/03/23
Rafidain Bank, in partnership with leading global and international institutions, announced the launch of the Daily Financial Transactions Monitoring (AML) system in six major branches of regulatory importance: Al Waziriyah, Al Muheet, Al Rafie, Al Dora Oil Complex, Zurbatiyah, and Safwan.
The bank said in a statement Read more…
Among them is a strategic bomber… a joint air exercise between Iraq and the United States
03/23/2025
Iraqi Air Force aircraft conducted a joint military exercise with US Air Force aircraft.
A statement by the Security Media Cell, a copy of which was received by {Euphrates News}, stated that “to develop the capabilities of the Iraqi Air Force and to raise readiness, a joint military exercise was carried out between a formation of Iraqi F-16 Read more…
Parliamentary Services reveals fundamental changes in Iraq’s alternative energy strategy.
3-23-2025
Information/Baghdad..
The Parliamentary Services Committee revealed on Sunday that fundamental changes will be made to Iraq’s alternative energy strategy in April, confirming the adoption of new steps to enhance the efficiency of solar systems and reduce their prices.
Committee member MP Baqir al-Saadi told Al-Maalouma, “Iraq has adopted a nine-point strategy to advance Read more…
Al-Sudani forms a 40-member council to promote the private sector.
2025-03-23 02:18
Shafaq News/ The Ministry of Planning announced on Sunday the issuance of a royal decree to form a private sector development council, headed by the Prime Minister. The council’s members will be 40.
The ministry said in a statement Read more…
Sistani’s office: Monday, March 31, is likely to be Eid al-Fitr.
2025-03-23 06:07
Shafaq News/ The office of the highest religious authority, Grand Ayatollah Ali al-Sistani, announced on Sunday that Monday, March 31, is expected to be the first day of Eid al-Fitr.
The office of the Supreme Authority Read more…
Ministry of Oil: Planning to increase oil production to more than six million barrels per day by 2029
2025-03-23
The Iraqi Ministry of Oil announced ambitious plans on Sunday to increase oil production to more than 6 million barrels per day by 2029, citing an agreement with BP to develop four oil fields in Kirkuk. Undersecretary of the Ministry of Oil, Bassem Mohammed Khudair, stated that the ministry is working to increase oil and gas Read more…
The Single Window System: An Electronic Revolution to Speed Up Company Registration and Stimulate Investment in Iraq
2025-03-23
Advisor to the Prime Minister, Mazhar Mohammed Salih, spoke on Sunday about the importance of the “single window” for company registration, noting that this unified electronic system has many exceptional advantages that contribute significantly to improving the business Read more…
The Prime Minister listens to offers to establish a new bank under the name Rafidain First.
2025-03-23
Prime Minister Mohammed Shia al-Sudani chaired a meeting on Sunday to follow up on reform measures at Rafidain and Rashid banks, attended by representatives from Ernst & Young. The meeting also reviewed the progress made in the government’s banking reform project to restructure and develop Read more…
Ministry of Water Resources: Equipping and installing more than 400 solar-powered well pumping kits.
2025-03-23
The Ministry of Water Resources announced on Sunday that it has equipped and installed more than 400 solar-powered well pumping stations across the country over the past few years. A statement from the ministry stated that “the General Authority for Groundwater has installed 312 solar-powered pumping stations in Read more…
Iraqi Dinar Guru opinions 3-22-2025
3-22-2025 Intel Guru Frank26 Article Quote: “Washington politician said the factions in Iraq are now disarmed” We have captured the enemy that does not want the new exchange rate to come out inside of Iraq. ‘We’ being the United States of America, along with Sudani and his military troops. We’re working with them…When you capture the enemy, the first thing you do is you disarm them… Read more…
Economist: Government measures are insufficient to resolve the dollar exchange rate crisis in Iraq
2025/03/22
Economic expert Basem Jamil Antoine confirmed today, Saturday, that the dollar exchange rate in Iraq is witnessing significant fluctuations, especially with the approach of Eid and the increase in Read more…
Mazhar Muhammad Salih: Delaying the 2025 budget schedules will have no impact on government spending.
2025/03/22
Mazhar Mohammed Saleh, the Prime Minister’s economic advisor, explained today, Saturday, the importance of the financial tables that will be sent to the House of Representatives regarding the necessary adjustments to the 2025 budget.
Saleh told Al Furat News Agency, “Despite its delay Read more…
Al-Marsoumi: Reducing oil production will reduce Iraq’s revenues by $3 billion.
3-22-2025
Information / Special..
Economic expert Nabil Al-Marsoumi confirmed on Saturday that Iraq’s decision to reduce its oil production by 125,000 barrels per day, as part of its commitment to the OPEC+ agreement, will lead to a decline in oil exports to approximately Read more…