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A deficit of 43 trillion dinars: Balancing inflation and the refusal to increase Kurdistan’s share The federal budget is facing a critical financial juncture due to unprecedented inflation in operational spending and a mounting deficit. Economic warnings are mounting about … Continue reading →

Iraqi oil company reaches agreements with US-based Chevron regarding the West Qurna-2 oil field contract. Iraqi Oil Minister Bassem al-Abadi announced on Tuesday that agreements had been reached with US company Chevron to sign a contract for the West Qurna-2 … Continue reading →

Iraqi oil exports rise to 3.35 million barrels, driving a recovery in Gulf flows. Iraq’s oil exports rose by 9.5% during October, reaching 3.35 million barrels per day, approaching pre-war levels, at a time when the most prominent Arab oil-producing … Continue reading →

The Iraqi government will hold an extraordinary session on Saturday to vote on the 2027 budget. A government source reported on Tuesday that the Iraqi cabinet will hold an extraordinary session next Saturday, chaired by Prime Minister Ali al-Zaidi, to … Continue reading →

Following the easing of visa requirements, Damascus confirms the start of a new phase of trade exchange with Iraq. On Tuesday, Mohammad Imad Al-Mawlawi, a member of the executive office of the Damascus Countryside Chamber of Commerce, affirmed that the … Continue reading →

American message to Baghdad: Iraq is a state sponsor of terrorism if it does not control the weapons of the factions. Well-informed political sources reported on Tuesday that the acting US ambassador to Iraq, Steven Fagin, had delivered direct messages … Continue reading →

Calls for the Ministry of Finance to intervene: The difficulty in applying for “Rafidain” loans through the application opens the door to exploitation. A number of employees and retirees called on Finance Minister Faleh al-Sari and members of the House … Continue reading →

International Monetary Fund: We are preparing to lend to Iraq The International Monetary Fund announced on Thursday that it is preparing a new lending program for Iraq, whose economy has been severely damaged by the repercussions of the war with … Continue reading →

The central bank denies printing new currency and announces that the exchange rate gap has narrowed to 9%. Central Bank Governor Nizar Nasser Hussein confirmed on Thursday that talk of printing new currency is inaccurate, noting that the difference between … Continue reading →