Iraq Trade Policy Framework in Development with ITC Support
Iraq’s Ministry of Trade is working with the International Trade Centre (ITC) to develop a national trade policy and a National Trade and Investment…
Iraqi News & Economy Updates – Page 8
Latest Iraqi News posts
A crisis expert identifies several ways to generate revenue instead of increasing the value of the dollar.
Crisis management expert Ali Jabbar Al-Fariji has outlined several ways the Iraqi government could increase revenue and reduce its budget deficit without putting more…
Gold rises more than 1%, supported by a weaker dollar and lower US Treasury yields.
Gold prices rose by more than 1% on Friday as the US dollar weakened and Treasury bond yields fell. Lower oil prices also supported…
Is it blatant theft or economic reform? The government resorts to citizens to compensate for its revenue shortfall.
Several Iraqi provinces are preparing for demonstrations and protests following the government's recent decision to raise the dollar exchange rate to 150,000 dinars per…
Two weeks after his removal, a ministerial order reinstates the director of Diyala Electricity to his position.
A government source revealed on Thursday that a ministerial order has been issued to end the suspension of the Director of the Diyala Electricity…
Al-Husseini outlines steps to eliminate the gap between the official and parallel dollar exchange rates.
Former member of the Parliamentary Economy and Investment Committee, Yasser al-Husseini, said on Thursday that Iraq can address the dollar exchange rate problem by…
Basra crude oil prices declined despite rising global oil prices.
Basra crude oil prices continued to decline on Thursday for the third consecutive day, even as global oil prices moved higher and Brent crude…
CBI Confirms Devaluation of Iraqi Dinar
The Central Bank of Iraq has officially confirmed the recent adjustment of the Iraqi dinar exchange rate against the US dollar, describing the move…
Iraq and UN Launch Sustainable Development Cooperation Framework
The Iraqi government and the United Nations officially launched the Sustainable Development Cooperation Framework for Iraq 2025–2029 during a ceremony held at the Ministry…
Iraq-Huawei Data Centre Partnership
The Informatics and Telecommunications Public Company (ITPC) has signed a memorandum of understanding with China's Huawei to establish data centers and strengthen international cooperation…
Rights groups are calling for an emergency session and demanding that the government reverse its decision to raise the dollar exchange rate.
The Parliamentary Rights Bloc has called on the Speaker of Parliament and political parties to hold an urgent emergency session to discuss the government's…
The Ministry of Finance announces the suspension of the prepayment of customs duties.
Iraq's Ministry of Finance announced on Wednesday that the government has suspended the implementation of the advance customs duty payment system. According to a…
Parliamentary wealth: The oil minister’s statement about exporting 4 million barrels per day is incorrect.
Iraq’s Oil Minister Basim Mohammed is facing criticism after a session in Parliament where lawmakers said his answers about the country’s oil exports were…
Iraq Launches $2.7bn Economic Stimulus Package
Iraq has unveiled a new economic stimulus package worth approximately IQD 3.5 trillion ($2.7 billion), aimed at supporting housing, industry, agriculture, contractors, and long-term…
EU-Iraq Trade and WTO Accession Talks
Iraq's Minister of Trade, Mustafa Nizar Jumaa, met with European Union Ambassador Clemens Smettner in Baghdad to discuss ways to strengthen trade and investment…
The dollar continues its rise… a new increase in exchange rates.
The US dollar recorded another increase against the Iraqi dinar on Tuesday in both Baghdad and Erbil markets, continuing the recent upward trend in…
New positions amid a financial crisis: Four deputy prime ministers open the file on privileges.
Iraq continues to face a difficult financial situation due to lower oil exports, which remain the country's main source of revenue for salaries, government…
The coordinating framework calls for disengagement from Washington; diversifying investment and armaments is a priority.
The Coordination Framework has called for Iraq to reduce its economic and military dependence on the United States, urging the government to diversify its…
The dollar is rising rapidly in Baghdad and Erbil… 700 dinars increase in one day!
The US dollar continued to rise against the Iraqi dinar on Sunday morning in both Baghdad and Erbil markets, recording a new increase compared…
Oil and gas under scrutiny: Al-Hamami identifies “red zones” for cancer in Iraq
Former MP Arif al-Hamami has called for urgent government action to assist areas in southern Iraq that he says are experiencing the highest cancer…
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