Eco - MN iraq News

Eco 01 Jul 2026

Gold Prices Experience Significant Decline Amid Growing Expectations of Monetary Policy Tightening

Global gold prices experienced a noticeable decline, recording their lowest levels in several months, pressured by rising US Treasury bond yields. Thi...

New Proposals to Increase Nominal Salaries as the Salary Scale Amendment Enters its Final Stages

The Salary Scale Amendment Committee announced the preparation of multiple scenarios to ensure fairness and balance in the wage file, confirming the c...

Inflation in Iran Reaches Record Highs, the Highest in Decades

Official economic reports revealed that inflation rates in Iran have reached new record levels, surpassing figures recorded in recent years to hit the...

National Retirement Authority Announces Completion of Pension Payment Procedures

The General Retirement Authority announced the completion of all procedures related to transferring retirees' salaries to approved banks, in preparati...

Judicial Ruling Establishes the Independence of Job Dismissal from General Amnesty Law Provisions

Judicial authorities specialized in civil service affairs have dismissed a lawsuit filed by an employee seeking to reverse his termination from public...

Directives to Establish a Special Account for Recovered Funds and Continuation of Anti-Corruption Campaigns

The Prime Minister's Office has directed the Ministry of Finance to establish a special account for depositing funds recovered from individuals convic...

Severe Traffic Congestion Paralyzes Movement on Major Streets in the Capital, Baghdad

The capital, Baghdad, experienced severe traffic congestion during the morning peak hours, resulting in significantly slowed vehicle movement and dela...

Religious Seasons in Iraq: A Major Driver for Local Economic Growth and Job Creation

Major religious occasions in Iraq have evolved into a fundamental pillar for driving the local economy, injecting hundreds of millions of dollars into...

Ministry of Oil Discusses Investment Prospects and Energy Sector Development with Chevron

The Deputy Minister of Oil for Extraction Affairs, Naseer Aziz, held talks with the Vice President of the American energy corporation Chevron, Joe Coo...

Iraq Intensifies Negotiations to Conclude a New Oil Export Agreement via Turkey

The Ministry of Oil announced the formation of a supreme joint committee comprising representatives from the ministries of Oil, Foreign Affairs, Finan...

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