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Iraqi News

Iraqi banks are suffocating... Al Mashhadani reveals the most serious liquidity crisis in years

Iraqi banks are suffocating… Al-Mashhadani reveals the most serious liquidity crisis in years

Economic expert and academic Abdul Rahman Al-Mashhadani warned that Iraq is entering a critical financial phase marked by shrinking liquidity, pressure on government banks,...
Swiss trader Lytton moves stalled Iraqi oil tanker past Hormuz blockade

Swiss trader Lytton moves stalled Iraqi oil tanker past Hormuz blockade

The voyage of the Agios Fanourios I highlights how the conflict-driven disruption around the Strait of Hormuz has transformed oil trading into an extremely...
An economist says Borrowing narrows Iraq's economic options, and the solution lies in rationalizing spending.

An economist says: Borrowing narrows Iraq’s economic options, and the solution lies in rationalizing...

Economic expert Manar Al-Obaidi warned that Iraq’s worsening fiscal imbalance is narrowing the government’s economic options, with borrowing increasingly becoming the primary method to...
Dollar steadies in Baghdad and Erbil during Eid holiday

Dollar steadies in Baghdad and Erbil during Eid holiday

The exchange rate of the US dollar against the Iraqi dinar remained broadly stable across Iraq on Wednesday as market activity slowed ahead of...
Former MP The government faces two paths borrowing or raising the exchange rate.

Former MP: The government faces two paths: borrowing or raising the exchange rate.

Former member of the Parliamentary Finance Committee, Abdul Hadi Mouhan, said the new Iraqi government is facing two difficult financial choices as it tries...