The Kurdistan Regions Authority responds to the Kirkuk governor regarding Article 140 and calls for respect for the constitution.

The General Authority of the Kurdistan Regions rejected on Thursday the statements of Kirkuk Governor Mohammed Saman Agha regarding Article (140) of the Iraqi Constitution, stressing that the Constitution represents the basis upon which the political system in Iraq is based, and that any statements that contradict it would deepen the disputes and divert attention from the service files that the governorate needs. MiddleEast news

The commission said in a statement received by Shafaq News Agency that “the Iraqi constitution constitutes the true contract between all components of the Iraqi people, and is the fruit of the Iraqis’ struggle against dictatorship,” noting that “adherence to it is not only a legal duty, but also a respect for the will of all the people of Iraq, including the people of Kurdistan.”

She added that “Article (140) of the Constitution represents the constitutional roadmap for addressing the issue of disputed areas, foremost among them Kirkuk, stressing that it constitutes the constitutional framework for addressing this issue within the federal system in Iraq.”

The commission expressed its rejection of what it described as “unconstitutional statements” issued by the governor of Kirkuk regarding Article (140), calling on him to prioritize the spirit of peaceful coexistence in the province and to refrain from using terms or positions that contradict the constitution and the true will of the Iraqi people.

She stressed that such statements lead to widening the circle of distrust between the components, and divert attention from the service issues that Kirkuk needs, stressing that the governorate today is more than ever in need of strengthening stability, understanding and joint work to address the challenges facing its citizens.

This statement comes days after statements by Kirkuk Governor Mohammed Saman Agha, in which he said that the Iraqi state “made a mistake when it enacted Article (140) of the Iraqi Constitution,” considering that the article ended with the expiration of its time period, which provoked widespread reactions from Kurdish forces and parties.

Kirkuk is one of the disputed areas between Erbil and Baghdad covered by Article 140 of the Constitution. It was under joint authority between the Kurdistan Region and the Federal Government before the independence referendum held by the region in September 2017.

Article 140 stipulates the removal of demographic policies implemented by Saddam Hussein’s regime in the disputed areas in favor of the Arabs at the expense of the Kurds, and then a census of the population before the final step, which is to hold a referendum in which the population will determine whether they wish to join the Kurdistan Region or remain under the administration of Baghdad.

The implementation phases of the article were scheduled to be completed by the end of 2007, but security and political problems prevented this.

In 2019, the Supreme Federal Court ruled that Article (140) of the Constitution of the Republic of Iraq would remain in effect, confirming that it would continue until its requirements were implemented and the objective of its legislation was achieved.

Shafaq.com

A decline in cash credit and deposits in Iraqi banks during the first half of 2026

Official data showed a decline in total deposits and cash credit in Iraq up to the end of May 2026, while the private sector continued to take the largest share of bank financing. Iraqeconomy updates

According to data seen by Shafaq News Agency, total deposits at banks reached 104.296 trillion dinars by the end of May 2026, compared to 104.727 trillion dinars in April and 105.090 trillion dinars in March, reflecting a continued decline for the third consecutive month.

The deposits were distributed between 31.791 trillion dinars for the central government, 22.890 trillion dinars for public institutions, while private sector deposits amounted to 49.615 trillion dinars, constituting about 47.6% of total deposits.

In contrast, total cash credit recorded 73.173 trillion dinars by the end of May, compared to 73.637 trillion dinars in April, and 73.832 trillion dinars in March.

Credit granted to the central government amounted to 23.420 trillion dinars, while credit provided to public institutions reached 2.424 trillion dinars, while the private sector accounted for 47.329 trillion dinars, or approximately 65% ​​of total monetary credit.

An increase in deposits is an indicator of growing confidence in the banking sector among individuals and businesses, as deposits provide banks with the necessary liquidity to finance economic activities. Credit, on the other hand, represents loans and facilities granted by banks to the government and the public and private sectors. Its growth, particularly that directed to the private sector, is a significant indicator of support for investment and production, and of stimulating economic activity. Conversely, a continued decline in deposits and credit may reflect a slowdown in economic activity and a reduced capacity of banks to finance projects.

Shafaq.com

Parliamentary Finance Committee: No solutions yet for the salary crisis

On Thursday, Hussein al-Daraji, a member of the parliamentary finance committee, confirmed that the finance minister had requested to be hosted in parliament to explain the country’s financial situation and discuss the draft borrowing law, while noting that there were no solutions yet to the salary crisis. Dailynews reports

Al-Daraji told Shafaq News Agency that the parliament’s presidency has not yet set a date for the session to host the finance minister, which the latter requested, indicating that the session will include a discussion of the draft borrowing law, which the government had previously sent as part of a package of draft laws.

He explained that the draft borrowing law will undergo the first and second readings, and then be discussed within the parliamentary finance committee, which will make some amendments to it before it is put to a vote in the House of Representatives.

The member of the Finance Committee concluded that the salary crisis remains unresolved to this day.

Last Monday, Iraqi Finance Minister Faleh Sari submitted a formal request to the Speaker of Parliament to host him at the next parliamentary session dedicated to presenting the financial and economic situation the country is going through.

For his part, Iraqi government spokesman Haider al-Aboudi confirmed that Iraq is facing “severe” financial challenges, noting that the government needs about 10.8 trillion dinars monthly to cover employee salaries and public expenditures, while the country’s oil revenues do not exceed 2.5 trillion dinars.

Shafaq.com

The movement opposing “Khor Abdullah” demands a clear response from Baghdad regarding the Kuwaiti and Saudi memoranda.

The movement opposing Khor Abdullah demands a clear response from Baghdad regarding the Kuwaiti and Saudi memorandaShafaq News – Basra
The popular movement opposing the Khor Abdullah agreement called on the federal government on Thursday to issue a clear response to the protest notes sent by both Saudi Arabia and Kuwait regarding the maritime borders approved by Iraq, stressing that the country’s borders and waters are not subject to negotiation or compromise. Dailynews reports

The movement stated in a statement that it is closely following the recent moves and restrictive measures represented by the submission of protest notes by the authorities in the Kingdom of Saudi Arabia and Kuwait to the United Nations, regarding the map of maritime areas and national coordinates approved by Iraq to establish its maritime borders and preserve its national waters and resources in these waters, calling on the Iraqi government to exercise its duty to protect the country’s sovereignty and maritime rights in the face of “these practices that aim to deprive Iraq of its maritime and historical rights and attempt to confiscate its oil and gas wealth in its territorial waters.”

The movement urged the government to “demand that the authorities of these countries immediately cease practicing these policies, political pressure, and legal intimidation in international forums against Iraq’s maritime rights, and to refrain from the language of allegations that disrupts opportunities for cooperation, brotherhood, and respect for Iraq’s sovereignty and maritime rights.”

The movement affirmed in its statement that “Iraq’s borders, waters and sovereign wealth are not subject to negotiation or concession, and all neighboring countries must respect Iraq’s full sovereignty in accordance with international laws and norms, and not impose a fait accompli policy on its maritime fields and resources,” reiterating the demand for “a firm governmental stance and the activation of the role of the Ministry of Foreign Affairs by beginning to exercise its role, and taking a clear national and historical stance towards these actions, rejecting these memoranda and claims, and defending Iraq’s maritime coordinates in the United Nations and international forums firmly and affirming its established right.”

Shafaq.com

The Minister of Oil directs an increase in production from Kirkuk oil fields and prioritizing local employment.

Oil Minister Bassem Mohammed Khudair Al-Abadi stressed on Thursday the need to increase and sustain crude oil production from the four Kirkuk fields, while also promoting gas investment and employing local workers. Dailynews reports

This came during his chairmanship of the fourth meeting of the joint management of the field development project being implemented by the British company BP.

The Ministry of Oil’s media office said in a statement received by Shafaq News Agency that the minister opened the fourth meeting of the joint management of the Kirkuk Four Fields Development Project, which includes the Bai Hassan, Jambur, Khabbaz, and Kirkuk fields with its two domes (Avana and Baba).

Al-Abadi stressed the importance of increasing and sustaining crude oil production, as well as raising gas production and investment rates to meet the country’s needs, emphasizing the need to pay attention to providing services to the areas surrounding the fields through the project’s social benefit programs.

The minister also directed that priority be given to employing local labor in Kirkuk Governorate, and that this file be included among the priorities of the Joint Management Committee, as well as focusing on safety, health and environment standards, and working to achieve the goal of “zero accidents” in work sites.

He also stressed the importance of implementing quality training programs for national staff, which would contribute to raising their efficiency and keeping pace with the latest technologies used in developing oil fields, emphasizing that the training should be practical and effective, not merely formal.

The meeting was attended by the chairman and members of the Joint Management Committee from the Ministry of Oil, along with representatives of the British company BP, to follow up on the implementation of the stages of developing the oil fields in Kirkuk.

For his part, the representative of Kirkuk Governorate, Helo Qader Al-Jabari, confirmed that BP had pledged to give priority to the people of the governorate in job opportunities within oil field development projects, during a meeting held in the capital, Baghdad, with the company’s general manager in Iraq.

Al-Jabari told Shafaq News Agency that he held a meeting with the General Manager of BP in Iraq, Zaid Al-Yasiri, in the presence of Member of Parliament Dylan Ghafour, to discuss the company’s work mechanism in the Kirkuk oil fields.

He added that the meeting focused on the need to give the people of Kirkuk priority in job opportunities, and to allocate an appropriate percentage of jobs to them in their various components and specializations, in order to ensure justice and benefit from local competencies, and to contribute to supporting stability and development within the governorate.

He noted that company officials showed understanding of the demands made, and pledged to work on giving Kirkuk residents priority in appointments related to the company’s projects, according to the needs of the work and the required specializations.

Al-Jabari stressed that the issue of employing the people of Kirkuk will remain under follow-up with the company’s management and the relevant government agencies, to ensure the implementation of these commitments and the achievement of the best results, in a way that preserves the rights of the people of the governorate and provides job opportunities for local talents.

Shafaq.com

Al-Zaydi directs the adoption of pre-audit procedures for contracts and the detection of loopholes before they turn into corruption.

Prime Minister Ali Faleh al-Zaidi directed on Tuesday the adoption of a pre-audit mechanism before signing contracts, while also calling for the identification of loopholes before they escalate into corruption cases.

The Prime Minister’s office stated in a press release received by the Information Agency that “al-Zaidi, during a meeting with the Federal Board of Supreme Audit and the Integrity Commission, directed the adoption of the principle of pre-audit for contracts before their signing, as a preventative measure aimed at addressing problems before they occur, because it represents a safeguard for institutions.”

According to the statement, al-Zaidi emphasized that “responsibility requires hard work, achievement, and fulfilling duties to the fullest extent,” stressing “the necessity for everyone to bear their legal and national responsibilities.”

He called on the Federal Board of Supreme Audit and the Integrity Commission to “act as the eyes of the state in discovering loopholes and addressing them before they develop into problems or corruption cases.”

In this regard, he directed the formation of a specialized team from the Federal Board of Supreme Audit to conduct pre-audit reviews of contracts within a period not exceeding ten working days. He also directed the establishment of ceilings and values ​​for contracts subject to this type of review, ensuring both speed of execution and efficiency of oversight.
He emphasized the necessity for government contracts to be legally and technically sound and based on fair and reasonable prices. He explained that inflated costs are among the most prominent avenues for corruption, requiring a firm response while guaranteeing the implementation of projects according to the specifications and quality stipulated in the contracts.

He called for the consolidation of a preventative mindset in oversight work, alongside the traditional oversight role, affirming that the Federal Board of Supreme Audit and the Integrity Commission represent the state’s shield in protecting public funds and guaranteeing citizens’ rights—a national and ethical responsibility.

He emphasized “the importance of keeping the Federal Board of Supreme Audit free from any political considerations or quotas, and that the criteria of competence, integrity, professionalism, and impartiality should be the foundation of its work,” reiterating “the government’s commitment to providing all forms of support to the Board and the Integrity Commission to enable them to perform their duties efficiently and independently.”

Almaalomah.me

In the absence of justifications, a political movement is underway to reinstate the rejected candidates in the confidence vote session.

The political blocs intend to resubmit their candidates who were rejected in the session to grant confidence to Al-Zidi’s cabinet within the parliament, in light of the absence of logical justifications for rejecting the names submitted to the House of Representatives, as the State of Law Coalition is still holding firm to its candidates, in addition to the other blocs whose candidates did not receive a vote, at a time when political parties confirm that there is external interference behind the rejection of some of the candidates in Al-Zidi’s cabinet.

Former State of Law Coalition MP Hussein Mardan told Al-Maalomah that “the State of Law Coalition has not made any changes to its candidates that it presented in the session to grant confidence to the cabinet, as the same names are still nominated for ministerial positions.”

He added that “the State of Law Coalition, as well as other alliances, did not change the names of their candidates for the vacant ministerial positions, as Amer al-Khazai and Qasim Atta are still candidates nominated by the State of Law Coalition, despite it having other competent figures.”

He explained that “the rejection of the nominated names by the State of Law Coalition had no convincing reasons or justifications, especially since the nominees are considered to be experienced, competent, and professional figures with a history in the Iraqi government, as the reasons for the rejection are still unclear.”

For his part, Maysar al-Shammari, a leader in the Hikma Movement, told Al-Maalouma that “the American side exerted pressure and bargains on some political forces with the aim of handing over weapons, which is a dangerous precedent in the formation of Iraqi governments that has not happened throughout the past periods.”

He added that “objections from abroad also included the political forces that began handing over their weapons, on the pretext that they did not hand them over completely and retained a large part of them, which complicates the completion of the government cabinet in full.”

He pointed out that “the coordination framework is trying to reach political understandings and end the issue of foreign interference in the formation of the government, before proceeding to agree on the names that will complete the government cabinet,” noting that “what is being circulated about postponing the completion of the government cabinet until after the end of next September is incorrect, as the coordination framework seeks to complete it during the next few months.”

He added that “regional events and their repercussions on Iraq, especially on the financial side, in addition to Al-Zaidi’s foreign visits, also caused the disruption of the completion of the government cabinet, as the government’s actions were directed towards files that it sees as more important than completing the ministerial cabinet, which may not be the right decision.” GeographicReference

In a related context, political analyst Ibrahim Al-Sarraj told Al-Maalouma that “the lack of political movement towards resolving the government cabinet is not related to the corruption campaign that targeted a number of officials and deputies, given that the disagreements between the political parties regarding the ministerial cabinet occurred before the campaign began.”

He added that “the disagreements between the political blocs were represented in the objection to some of the candidates,” noting that “the objection did not come from an objective standpoint, but rather its aim is to marginalize some blocs because of the existing disagreements between them.”

He added, “Prime Minister Ali al-Zubaidi has the opportunity to create a conducive atmosphere by working to bridge the gaps between the various political blocs, especially since the current circumstances necessitate completing the ministerial appointments, particularly those related to security, given the current situation in the region.”

Almaalomah.me

Factional weapons or “collapse”: Al-Zaydi’s government faces an impossible equation

The Italian ” Special Eurasia ” report highlighted Iraq’s transformation into a central arena for regional conflict, and painted a very pessimistic picture of the future of the Iraqi government under American pressure and Iranian influence. Dailynews reports

The report, translated by Shafaq News Agency, concluded that Baghdad is experiencing a state of political and security paralysis between Washington’s demands to disarm the factions, and the Iranian influence that is deeply rooted within Iraqi political, security and economic institutions.

The Italian report considered Prime Minister Ali al-Zaidi’s demand to disarm the factions to be a strategic dilemma, because the government “does not have the military capability or sufficient political influence to carry this out without causing a widespread internal crisis.”

He pointed out that Washington has a financial pressure card through the American financial system and Iraqi accounts, while Tehran has countercards represented by the Strait of Hormuz and gas and electricity supplies.

He warned that Baghdad’s full compliance with US pressure could prompt Iran to use economic and energy tools to pressure the government, while rejecting US demands could lead to harsher sanctions or financial restrictions.

The report went on to say that attempting to disarm the factions by force could lead to a split in the military establishment, paralysis of parliament, and the fall of the government, due to the connection of some groups to political and economic networks within the state.

According to the Italian report, Iran is using Iraq as a strategic depth and an arena to absorb military pressures, and it may prefer a weak or paralyzed Iraqi government to one that is completely aligned with Washington.

He warned that cutting off US financial flows entirely could backfire, as it might push Iraq towards expanding non-dollar trade and relying more on the Iranian economy.

In conclusion, the report suggested that “if a diplomatic settlement is not reached,” the al-Zaidi government would face “the risks of political collapse, escalating internal conflict, and economic isolation” before the end of the year.

Shafaq.com

Iraq leads in largest oil deals during July

Iraq topped the list of the largest oil deals concluded during July 2026, in a list that included three Arab countries: Iraq, Oman, and Qatar, amid a broad investment movement aimed at developing oil and gas fields and enhancing production capacity.

Iraq came in first place after signing agreements with American companies to develop 9 oil fields in the governorates of Kirkuk, Diyala, Basra and Dhi Qar, with the participation of ConocoPhillips, Chevron, Halliburton and HKN, within a government plan aimed at raising production capacity to 6 million barrels per day, in addition to investing in associated gas and improving the efficiency of operations. MiddleEast news

The list also included the Sultanate of Oman through agreements to develop oil fields and build oil tankers, while Qatar stood out through a deal to develop the Ghadames oil basin in Libya, in addition to another deal in Ivory Coast to develop the “Paline” offshore project.

According to the energy platform, the deals last July reflected the continued attractiveness of the oil and gas sector globally, with investments focused on developing giant fields, enhancing supply security, and increasing production efficiency through partnerships with major global energy companies.

Shafaq.com

The currency issued in Iraq rose to 113.6 trillion dinars by the end of last May.

The currency issued in Iraq recorded an increase to reach more than 113 trillion dinars by the end of May 2026, coinciding with the continued rise in cash circulating outside banks, according to official data from the Central Bank of Iraq. Dailynews reports

Data seen by Shafaq News Agency showed that the currency issued amounted to 113.560 trillion dinars at the end of May, compared to 112.896 trillion dinars at the end of April, and 99.799 trillion dinars at the end of 2025.

The net currency in circulation outside banks also rose to 106.812 trillion dinars, compared to 104.542 trillion dinars at the end of April, and 92.560 trillion dinars at the end of 2025.

In contrast, the currency held by banks decreased to 6.748 trillion dinars by the end of May, after reaching 8.354 trillion dinars at the end of April, while it recorded 7.239 trillion dinars at the end of 2025.

For his part, economist Mohammed Al-Hassani told Shafaq News Agency that the increase in the issued currency means that the Central Bank has injected a larger amount of cash, noting that the most important thing is how this cash mass is distributed within the economic cycle.

He added that the continued concentration of the majority of currency outside banks, compared to the decline in cash held within them, reflects the continued reliance of individuals and companies on keeping money in cash rather than depositing it in the banking system, which limits the ability of banks to expand lending and boost economic activity.

Shafaq.com