State contracts in dinars and the National Day holiday…the most prominent...
Prime Minister Muhammad Shiaa Al-Sudani chaired the thirtieth-ninth regular session of the Council of Ministers. During the session, participants discussed the current situation in...
KTFA – KTFA Members “Tuesday Iraq News” 9-26-2023
Clare: Al-Sudani directs the suspension of official working hours on October 3
9/26/2023
Prime Minister Muhammad Shiaa Al-Sudani directed that official working hours be suspended on...
World Bank Corrects Iraq Debt-to-GDP Ratio in Report
From the World Bank:
Statement on the Iraq Economic Monitor Spring/Summer 2023
The Iraq Economic Monitor (IEM) Spring/Summer 2023 issue contained erroneous debt data for 2022...
Iraq to insist that Local Transactions are in Dinars
Statement from the Central Bank of Iraq (CBI):
The Central Bank of Iraq, headed by Mr. Ali Mohsen Al-Alaq, has announced a significant plan to...
Iraq “Plans to build Gas Pipeline to Europe”
raq plans to build gas pipeline to Europe
Iraq aims to improve its economic prospects by facilitating transportation of gas and goods to global markets.
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Revealing parliamentary pressure to legislate the oil and gas law
A member of the Oil, Gas, and Natural Resources Committee, Bassem Ngheimesh Al-Gharibawi, stated that parliamentary pressure exists to pass the oil and gas...
A “major demonstration” followed by a comprehensive strike… exchange companies rise...
Iraqi exchange companies have announced their readiness to stage a "major demonstration" on Thursday, followed by a comprehensive strike across all governorates. The protest...
In numbers…a major development in the use of electronic payment in...
The Iraqi Private Banks Association announced a significant development in the use of electronic payment tools. This follows government directives implemented in all ministries...
Expectations of supply shortages and interest rates rise in global oil...
Investors focused on oil prices as Moscow banned fuel exports amid concerns of supply shortages and possible demand weakening from interest rate hikes.
Brent crude...
New Iraqi Law to allow Foreign Cos to Own Oil Output
New law allows foreign companies to own oil output
After over a decade of disputes and delays, Iraq is ready to pass a law allowing...
Al-Sudani urges Iraqis to use electronic payment
On Sunday, the Iraqi Prime Minister Muhammad Shiaa Al-Sudani led a special meeting to oversee the implementation of the unified treasury account. He emphasized...
Al-Sudani identifies the parties insisting on a rise in the exchange...
On Monday, Muhammad Saadoun Al-Sudani, a member of the House of Representatives, identified the parties responsible for the rise in the dollar exchange rate...
