A Proposal To Remove Zeros From The Currency… Video
The project to remove zeros from the Iraqi currency has been revived as part of a move to restructure the monetary system and alleviate the burden of inflated figures in daily transactions. Experts told a reporter Sumerian The success of this step is not only linked to formal procedures, but also to the government’s ability to support it with real financial and monetary reforms that restore confidence in the Iraqi dinar and ensure sustainable market stability. Details in this report
A Project To Remove Zeros From The Currency Has Been Proposed.
Experts: Success of this step would alleviate the burden of inflated figures in daily transactions The project to remove zeros from the Iraqi currency has been revived as part of an effort to restructure the monetary system and alleviate the burden of inflated figures in daily transactions. Experts told Alsumaria that the success of this step depends not only on formal procedures but also on the government’s ability to support it with genuine financial and monetary reforms that restore confidence in the Iraqi dinar and ensure sustainable market stability. Details in this report. 📺 Alsumaria Frequency: 11315 MHz ✥ Follow the latest news from Iraq and the most important Iraqi series on the Alsumaria website https://www.alsumaria.tvhttps://www.youtube.com/watch?v=bH6h7GAzOu4
The Parliamentary Finance Committee Is Leaning Towards Adopting An Annual Budget For The Current Year And Is Ruling Out A Return To The Tripartite System
Money and Business Economy News – Baghdad The Finance Committee in the House of Representatives is moving towards adopting an annual general budget for the current year.
In an interview with the official newspaper, which was followed by “Al-Eqtisad News”, MP Zainab Rahim Al-Jiyashi, a member of the Finance Committee, said that the goal of preparing an annual budget is to support vital service projects, especially in the health, education and infrastructure sectors, noting that this approach is consistent with the need to promote fairness in the distribution of resources and improve the quality of public services.
Al-Jiyashi added that “the annual budget represents a more accurate tool in managing public spending compared to multi-year budgets, as it allows for the periodic reassessment of priorities in accordance with economic and financial developments, which positively impacts the efficiency of government spending.
At the same time, she confirmed that it is impossible to return to the three-year budget model at the present stage, because it is not suitable for the economic conditions and fluctuations that the country is witnessing.
https://www.economy-news.net/content.php?id=67928
Speaker Of Parliament Receives Governor Of The Central Bank
The Speaker of Parliament, Mr. Haibet Alhalbousi, received the Governor of the Central Bank, Mr. Ali Mohsen al-Allaq, on Thursday.
The meeting discussed the current state of monetary policy in Iraq and prospects for enhancing its stability in line with macroeconomic stability requirements. Both parties emphasized the importance of continued coordination between the Parliament and the Central Bank to bolster the effectiveness of economic policies and achieve desired developmental goals.
During the meeting, the Speaker highlighted the Parliament’s commitment to monitoring the performance of the Central Bank of Iraq and its keenness to support the independence of monetary policy. He stressed the importance of fostering effective coordination between monetary and fiscal policies to contribute to economic balance and reduce inflationary pressures.
He further noted that the Parliament, stemming from its oversight and legislative role, affirms its follow-up on the procedures and policies adopted by the Central Bank to enhance transparency and consolidate confidence in the banking sector. He expressed the Parliament’s readiness to provide the necessary legislative framework to support financial and banking reforms.
For his part, the Governor of the Central Bank reviewed the key measures taken to enhance monetary stability, regulate the foreign exchange market, and develop the banking sector.
He reaffirmed the Bank’s commitment to operating in accordance with international best practices to support overall financial stability. Media Office Of Parl. Speaker Apr 16, 2026
https://iq.parliament.iq/en/2026/04/16/speaker-of-parliament-receives-governor-of-the-central-bank
Iran And The US Reach An Agreement, With Expectations Of A Memorandum Of Understanding Being Signed Within TwoMonths.
2026-04-17 Shafaq News – Islamabad A Pakistani source reported on Friday that Iran and the United States have reached a preliminary agreement and are expected to sign a memorandum of understanding within two months.
Reuters quoted the Pakistani source as saying that the mediation between America and Iran “achieved a breakthrough on thorny issues, and they have already reached preliminary agreements.”
He added that Tehran and Washington had made “significant progress in the negotiations, and are likely to sign a memorandum of understanding within 60 days.”
On Thursday evening, US President Donald Trump said, “Iran wants to reach an agreement, and we are very close to concluding one. We will not extend the truce, and the next meeting with the Iranians may take place early next week.”
He affirmed, “I will go to Pakistan if an agreement is reached,” adding that “many wonderful things will happen if an agreement is reached with Iran. We have very good relations with Iran, and this is incredible. But if we do not reach an agreement, the fighting will resume. Iran cannot have a nuclear weapon.”
Source: Iran’s Qaani Meets Iraqi Factions In Baghdad As PM Talks Stall
2026-04-18 Shafaq News- Baghdad Iran’s Quds Force commander, Esmail Qaani, arrived in Baghdad in an unannounced visit, holding talks with Iraqi political and armed faction leaders as negotiations over the next prime minister remain unresolved, a well-informed source told Shafaq News on Saturday.
Qaani met leaders of armed factions before holding separate discussions with figures from the Shiite Coordination Framework (CF) —a coalition of Iran-aligned parties that forms the largest bloc in Iraq’s parliament— focusing on efforts to reach agreement on a consensus candidate for the premiership. (Iran’s trying to exert it’s influence in Iraqi elections).
Discussions also addressed the future of armed groups, including proposals to integrate them into state security institutions and to separate political actors from their armed wings.
Qaani previously visited Baghdad in January 2026, when he met leaders of armed factions to address tensions related to weapons, according to political sources. During those talks, he urged the groups to maintain unity and avoid escalation, stressing the need for “coordinated mechanisms that preserve security stability” and prevent internal conflict.
Debate continues in Iraq over limiting weapons to state control. Washington has repeatedly linked the country’s stability and bilateral relations to curbing arms outside official institutions or integrating armed groups into state structures under legal frameworks. On Friday, the US Treasury’s Office of Foreign Assets Control (OFAC) imposed sanctions on seven Iraqi armed group commanders, accusing them of involvement in attacks against US personnel and interests in Iraq.
In a parallel political track, Iraq’s parliament elected Nizar Amedi as president on April 11, initiating the constitutional timeline for naming a prime minister. The Coordination Framework has yet to agree on a nominee, and a planned meeting to select a candidate was postponed to Monday, according to a political source.
https://www.shafaq.com/en/Iraq/Source-Qaani-meets-Iraqi-factions-in-Baghdad-as-PM-talks-stall
Iraqi trade ministry announces plan to develop non-oil exports
Money and Business Economy News — Baghdad Minister of Trade Atheer Dawood Al-Ghurairi affirmed that the ministry is proceeding with the implementation of its programs aimed at developing non-oil exports and expanding the base of local production by activating the role of the Export Support Fund, describing the fund as one of the main pillars in supporting the economy and enhancing the ability of Iraqi products to compete in global markets.
The minister explained that the Export Support Fund’s vision focuses on diversifying income sources, enhancing local production, and creating job opportunities that contribute to achieving sustainable economic growth.
He added that the fund provides comprehensive financial and technical support to Iraqi companies and factories, in addition to facilitating their participation in international exhibitions by bearing part of the participation costs, which contributes to opening new markets and finding commercial partners, as well as promoting the national product through the issuance of introductory guides for Iraqi exports for the years 2023, 2024 and 2025. https://www.economy-news.net/content.php?id=68073
Parliament Affirms Its Commitment To Strengthening The Partnership With China.
Money and Business Economy News — Baghdad The First Deputy Speaker of the House of Representatives, Adnan Faihan Al-Dulaimi, affirmed on Sunday the readiness of Parliament to strengthen the partnership with China and activate the development road project.
A statement from his media office, received by “Al-Eqtisad News”, stated that “the First Deputy Speaker of the House of Representatives, Adnan Faihan Al-Dulaimi, received today, Sunday, the Ambassador of the People’s Republic of China to Iraq, Sui Wei, to discuss ways to enhance strategic cooperation between the two friendly countries, and to activate parliamentary communication channels, in addition to discussing the latest local, regional and international developments, and their implications for the paths of joint cooperation.”
According to the statement, Faihan emphasized “the House of Representatives’ keenness to develop frameworks for bilateral partnership, in a way that enhances mutual interests and serves the aspirations of the two friendly peoples,” noting “the importance of benefiting from advanced Chinese expertise in various sectors to support the development process in Iraq.”
He stressed “the need to activate bilateral agreements, and to give the development road project strategic priority, while providing an attractive investment environment that allows reputable Chinese companies to contribute effectively to the development of the service and economic sectors.” https://www.economy-news.net/content.php?id=68072
