Category Archives: Uncategorized
The Kurdistan Region deposits 120 billion dinars of non-oil revenues into the Iraqi treasury account.
The Kurdistan Region deposits 120 billion dinars of non-oil revenues into the Iraqi treasury account. The Kurdistan Region’s Ministry of Finance and Economy announced on Thursday that non-oil revenues for June had been deposited into the federal Ministry of Finance’s … Continue reading
Expecting a record collapse in the toman, the Revolutionary Guards’ media attacks a “pessimistic” report by the Iranian Chamber of Commerce.
Expecting a record collapse in the toman, the Revolutionary Guards’ media attacks a “pessimistic” report by the Iranian Chamber of Commerce. In a recent report, the Iranian Chamber of Commerce presented the worst-case scenario in the event of the activation … Continue reading
Through two projects, the Iraqi Oil Minister promises to achieve self-sufficiency in gasoline production by 2025.
Through two projects, the Iraqi Oil Minister promises to achieve self-sufficiency in gasoline production by 2025. Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani al-Sawad said on Thursday that Iraq will achieve self-sufficiency in gasoline production … Continue reading
Iraq’s imports of goods amounted to about $90 billion during the year.
Iraq’s imports of goods amounted to about $90 billion during the year. The Central Bank of Iraq revealed on Thursday that Iraq’s imports of goods from around the world will exceed $87 billion in 2024. The bank stated in statistics … Continue reading
Oil Products: Our revenues from electronic payments have increased to 700 billion dinars per month.
Oil Products: Our revenues from electronic payments have increased to 700 billion dinars per month. The Oil Products Distribution Company confirmed on Thursday that its revenues from electronic payments have risen to 700 billion dinars per month. In a statement … Continue reading
Advisor: The government has succeeded in harnessing the economy for international rapprochement.
Advisor: The government has succeeded in harnessing the economy for international rapprochement. Prime Minister Mohammed Shia al-Sudani’s government program focused on using economic power as a diplomatic tool to achieve Iraq’s national interests. It relies on a strategy of employing … Continue reading
Parliamentary Committee: Budget tables will arrive before the elections.
Parliamentary Committee: Budget tables will arrive before the elections. Iraqi Dinar-Dollar auction Parliamentary Services Committee member Baqir Al-Saadi confirmed that the government has resumed work on a number of suspended service projects, as part of the 2023 and 2024 budgets. … Continue reading
Al-Sudani: 150 trillion dinars in annual spending, compared to only 3 trillion in tax revenues.
Al-Sudani: 150 trillion dinars in annual spending, compared to only 3 trillion in tax revenues. Prime Minister Mohammed Shia al-Sudani affirmed on Monday that Iraq faces a major economic challenge, namely the priority of reform and the transition to a … Continue reading
Finance Minister: Iraq is witnessing tangible progress in tax reform.
Finance Minister: Iraq is witnessing tangible progress in tax reform. Finance Minister Taif Sami confirmed on Monday that Iraq is witnessing tangible progress in the field of tax reform, while pointing to the government’s commitment to developing the tax system … Continue reading
The first segment of the development road was shown to international companies.
The first segment of the development road was shown to international companies. The Ministry of Transport is preparing to present the first section of the development road project to international companies by the end of this year. This was announced … Continue reading