Category Archives: Uncategorized

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. 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 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 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 →

$100 billion is the value of investments in Iraq. The National Investment Commission confirmed that Iraq is currently witnessing an unprecedented phase of investment activity, as the volume of Arab and foreign investments attracted has exceeded the barrier of (100) … Continue reading →

The US accelerates the withdrawal of its forces from two bases in Iraq, ahead of schedule. Informed sources revealed on Sunday that the United States has decided to withdraw all its forces from two military bases in Iraq. Sources revealed … Continue reading →

Parliamentary Finance Committee: Lack of “need,” not trust, is behind Iraqis’ reluctance to use banks. Jamal Koujar, a member of the Parliamentary Finance Committee, confirmed that citizens’ keeping of their money at home is primarily due to the “lack of … Continue reading →

Iraqi Central Bank Reduces Supply of Dinars By John Lee. The Central Bank of Iraq (CBI) has reported a decline in issued currency, contributing to lower inflation rates and supporting price stability. In the second quarter of 2025, issued currency … Continue reading →

Economist predicts government will resort to an official devaluation of the Iraqi dinar, and explains the reasons. Economists expect the next government to resort to an official devaluation of the Iraqi dinar against the US dollar as a potential solution … Continue reading →

Basra: Date set for operation of Turkish power generation ship Basra Provincial Council Energy Committee Chairman Thaer Al-Salihi revealed on Friday the date for the Turkish power plant’s entry into service. Al-Salihi told Shafaq News Agency, “The arrival of the … Continue reading →