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The Finance Committee expects the budget amendments to arrive after Eid

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Representative Moin Al-Kadhimi, a member of the Parliamentary Finance Committee, proposed today, Monday, that the government's changes to the budget schedules would be presented...

Finance begins launching financing for retirees’ salaries for the month of...

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The immediate initiation of funding for the April salary of civil and military retirees was announced by the Ministry of Finance today, Monday. "The Accounting...

Parliamentary Oil: Raising the prices of improved gasoline does not target...

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The public authority's choice to expand the cost of overhauled gas doesn't focus on the lower classes, as indicated by an explanation made today,...

Iraq to produce 55 billion cubic meters of natural gas by...

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Iraq's natural gas production is predicted to rise dramatically by 2050, with the majority of this gas coming from the extraction of oil. Iraq is...

Imprisonment of a convict who carried out illegal transactions

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A prisoner who violated the law by continuing to observe transactions at the Karrada Al-Sharqiya Civil Affairs Department was sentenced to two years in...

Iraq’s banking system grows 15.1% in 2023 to $156.7 billion

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The Iraqi banking system's total assets reached $156.7 billion by the end of 2023, an annual growth rate of 15.1%. Rabee Securities claims that...

The Central Bank confirms the high volume of loans and advances...

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The National Bank reported, on Sunday, an expansion in the volume of credits and advances allowed by Iraqi banks by 12%. The bank expressed in...

Lawmaker attributes the delay in budget approval to rising deficit

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A member of the Iraqi parliament stated on Sunday that the ratification of the country's 2024 budget is being delayed because of an increasing...

Iraq’s natural gas production poised for significant surge by 2050

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Iraq is supposed to observe a significant expansion in petroleum gas creation continuously 2050, as evaluations from the Gas Trading Nations Gathering (GECF) show. Gas...

Sudanese Advisor: The 2024 budget tables focus on investment spending

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Today, on Saturday, Mazhar Muhammad Salih, the prime minister's finance advisor, reaffirmed that the 2024 budget tables prioritize investment expenditure for new projects. In an...

Iraq Signs Agreement with Siemens to Use Flared Gas

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Ziad Ali Fadel, Iraq's Priest of Power, reported the consenting to of an arrangement with Siemens of Germany to change over related gas into...

Movement to amend the Civil Defense Law in Iraq

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Individual from the Parliamentary Security Panel, Delegate Waad Al-Qaddo, uncovered today, Saturday, a parliamentary development to propose the main change to the Common Guard...

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Iraqi News

Iraqi oil exports to US slide to 83,000 bpd

Iraqi oil exports to US slide to 83,000 bpd

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Iraq’s crude oil exports to the United States dropped sharply over the past week. According to new data from the U.S. Energy Information Administration, Iraqi...
Economist: Solving the dollar exchange rate crisis requires restoring balance between supply and demand.

Economist: Solving the dollar exchange rate crisis requires restoring balance between supply and demand.

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Economic expert Manar al-Ubaidi says that for most Iraqis today, the dollar exchange rate has become the main way they judge the economy. The reason,...
Agri-Food Programme Highlights Pathways to Investment in Iraq

Agri-Food Programme Highlights Pathways to Investment in Iraq

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An EU-backed programme focused on Iraq’s agri-food sector is starting to show real progress — and officials say it could open the door to...
CBI Caps Interest Rate for Solar Energy Financing Initiative

CBI Caps Interest Rate for Solar Energy Financing Initiative

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The Central Bank of Iraq has taken a new step to push people toward solar energy. According to officials, the bank has set the interest...
Basra crude continues to rise amid escalating geopolitical tensions.

Basra crude continues to rise amid escalating geopolitical tensions.

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Basra Heavy and Basra Medium crude oil finished last week on a strong note, posting solid price gains. By the close of trading on Friday,...