Eco - MN iraq News

Eco 19 May 2026

Parliamentary Warnings of a Looming Financial Crisis in Iraq Following Regional Navigation Disruptions

Parliamentary sources within the Finance Committee have warned of severe economic repercussions that could impact Iraq in the coming period, as a resu...

High-Level Government Directives to Disburse Employee Allowances and Accelerate Payments to Contractors and Farmers

The Ministry of Finance has issued official directives to its competent departments to audit and finalize the administrative and financial procedures...

Relative Stability in Gold Markets and a Slight Decline in Local Dollar Exchange Rates

Local financial markets witnessed a slight decline in the exchange rates of the US dollar against the Iraqi dinar, while gold prices maintained relati...

Kirkuk International Airport Announces Official Resumption of Direct Flights to Istanbul

The administration of Kirkuk International Airport announced the official resumption of direct flights between Kirkuk province and the Turkish city of...

Oil Prices Record a Notable Jump, with Brent Crude Surpassing the $108 Mark

Global oil markets have witnessed a tangible increase in prices, driven by the dynamics of supply and demand, as well as ongoing geopolitical concerns...

Maritime Data Shows Continued Passage of Oil and Gas Tankers Through Strait of Hormuz Despite Tensions

Maritime tracking data has shown that nine ships loaded with oil and gas have transited the Strait of Hormuz in recent days, indicating the continued...

Strait of Hormuz Disruptions Raise Shipping Costs and Destabilize Iraqi Markets

The head of the Diyala Chamber of Commerce confirmed that maritime and land transport form the backbone of Iraqi trade, with the ports of Basra receiv...

Economic Expert Warns of Worsening Living Conditions Due to New Taxes

An economic expert warned that current fiscal policies are placing Iraqi citizens at risk, noting that relying on domestic taxes and fees to address t...

Gold Prices Stabilize and Dollar Rises in Iraqi Markets

Gold prices in local markets witnessed stability, coinciding with the continued rise of the US dollar exchange rate in the local market. The ounce of...

Parliamentary Finance Committee Reassures Employees: Your Salaries Are Secured Until New Government Is Formed

The Parliamentary Finance Committee confirmed that employees' salaries are secured and the general budget is pending the formation of the government,...

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2 months ago