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An economist says Iraq’s reserves are capable of supporting the dinar despite the risks.

An economist says Iraq’s reserves are capable of supporting the dinar despite the risks. Economic expert Safwan Qusay warned against devaluing the Iraqi dinar against the dollar, coinciding with the ongoing conflict in the region. Qusay told Al-Maalouma, “The Central … Continue reading

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“An explanation that needs further explanation”… An economic expert: The Central Bank of Iraq’s statement on the currency did not answer the questions.

“An explanation that needs further explanation”… An economic expert: The Central Bank of Iraq’s statement on the currency did not answer the questions. On Monday, economist Manar Al-Obaidi stated that the latest clarification issued by the Central Bank of Iraq … Continue reading

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Inflation in Iraq jumps to 4.3% in April

Inflation in Iraq jumps to 4.3% in April Data from Iraq’s Central Statistical Organization showed on Monday that the general consumer price index reached 112.5 points during April 2026. The general consumer price index in Iraq reached approximately 112.5 points … Continue reading

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Economist: Iraq has become a “salary state” and the oil crisis threatens to paralyze it.

Economist: Iraq has become a “salary state” and the oil crisis threatens to paralyze it. Financial expert Mahmoud Dagher confirmed on Monday that public finances in Iraq have turned into something resembling “salary finances” since 2004, as a result of … Continue reading

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Iraq reopens its airspace and resumes flights

Iraq reopens its airspace and resumes flights The Iraqi Civil Aviation Authority announced on Monday the reopening of Iraqi airspace to flights to and from all Iraqi airports. The authority stated in a statement received by Shafaq News Agency that … Continue reading

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Iraq on the brink of a financial storm: Will the emergency plan save the economy before it’s too late?

Iraq on the brink of a financial storm: Will the emergency plan save the economy before it’s too late? In the world of economics, crises don’t begin the day governments announce their inability to pay salaries, nor when foreign currency … Continue reading

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MP: Initial understandings reached between political blocs and the Prime Minister to pass the oil and gas law

MP: Initial understandings reached between political blocs and the Prime Minister to pass the oil and gas law MP Adel Al-Mahalawi confirmed on Saturday that there are initial understandings between political blocs and the Prime Minister regarding proceeding with the … Continue reading

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Government advisor: Exchange rate stability has boosted citizens’ purchasing power

Government advisor: Exchange rate stability has boosted citizens’ purchasing power The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed on Saturday that the government, headed by Ali Falih al-Zaidi, has taken measures to preserve the purchasing power of … Continue reading

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Al-Zarkoushi: A session to complete the ministerial portfolios is possible during this week.

Al-Zarkoushi: A session to complete the ministerial portfolios is possible during this week. On Saturday, Abdul Samad al-Zarkoushi, a member of the Coordination Framework, confirmed that holding a session of the Iraqi Parliament to finalize the remaining ministerial portfolios in … Continue reading

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