Al-Sudani: Reconstruction And Development “First” Because We Believe That “Iraq Comes First”.
Wednesday, November 12, 2025 | Politics Number of views: 226 Baghdad/ NINA / Prime Minister and head of the Reconstruction and Development Coalition, Mohammed Shia al-Sudani, affirmed that reconstruction and development came first “because we believe that ‘Iraq comes first.’
” Al-Sudani stated in a post on the “X” platform: “Our coalition, Reconstruction and Development, comes first, because we believe that ‘Iraq comes first,’ and it will remain first thanks to the dedication of its loyal sons.” He added: “Thank you to the people of Iraq for their support of the work, construction, and achievement process.” /End
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The Growth In The Volume Of Deposits At Banks Operating In Iraq Has Declined.
Banks The Central Bank of Iraq announced on Wednesday that it had recorded a decline in the growth of deposits at banks operating in Iraq for the month of September, while the growth of credit increased.
Official statistics showed that total deposits amounted to 113.928 trillion dinars, registering a decrease of 1.82% compared to August, in which deposits amounted to 115.997 trillion dinars.
Central government deposits amounted to 35.398 trillion dinars, public institutions deposits to 25.531 trillion dinars, while private sector deposits reached 52.999 trillion dinars.
In contrast, credit volume growth increased by 0.57% to reach 73.942 trillion dinars in September, compared to 73.521 trillion dinars in August.
Credit extended to the central government amounted to 26.392 trillion dinars, and to public institutions 2.431 trillion dinars, while credit extended to the private sector reached 45.119 trillion dinars.
These data show that Iraqi banks continue to support credit, despite the decline in the growth of deposits, in light of the current economic conditions. https://economy-news.net/content.php?id=62222
Dollar Prices Stable In Baghdad And Erbil
Economy | 12/11/2025 Mawazin News – Baghdad : The exchange rate of the US dollar remained stable this morning in Baghdad’s markets. The dollar held steady at 141,650 Iraqi dinars per 100 US dollars in the Al-Kifah and Al-Harithiya exchanges in Baghdad, the same rate recorded last Monday.
At local currency exchange shops in Baghdad, the selling price remained unchanged at 142,750 Iraqi dinars per 100 US dollars, while the buying price was 140,750 dinars. https://www.mawazin.net/Details.aspx?jimare=270194
Oil Prices Stabilize As Demand Forecasts Improve
Economy | 12/11/2025 Mawazin News – Oil prices stabilized after rising in the previous session, amid expectations that ending the longest government shutdown in US history could boost fuel demand in the world’s largest oil consumer.
Brent crude futures fell 8 cents, or 0.12%, to $65.08 a barrel by 01:06 GMT, after rising 1.7% on Tuesday.
US West Texas Intermediate crude also declined 7 cents, or 0.11%, to $60.97 a barrel, after gaining 1.5% in the previous session. https://www.mawazin.net/Details.aspx?jimare=270184
Gold Prices Rise In Local Markets
Economy | 12/11/2025 Mawazin News – Baghdad: Prices of both foreign and Iraqi gold have risen in local markets in the capital, Baghdad. The selling price of one mithqal (approximately 4.5 grams) of 21-karat Iraqi gold reached 785,000 dinars, while the buying price was 780,000 dinars. The selling price of one mithqal in goldsmith shops ranged between 820,000 and 830,000 dinars for Gulf gold. https://www.mawazin.net/Details.aspx?jimare=270200
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