Eco - MN iraq News

Eco 28 Apr 2026

Before Summer Arrives.. 1,250 MW from Neighboring Countries to Boost Power System

The Ministry of Electricity confirmed that power interconnection projects with neighboring countries will enter service before the summer season, with...

Gas Crisis Recedes.. Black Market Benefits from Informal Restaurants

An economic observatory reported that the cooking gas cylinder crisis has begun to recede, with near-complete coverage of daily demand, despite the co...

Integrity Commission Prevents Waste Worth 7.5 Billion Dinars in Middle Euphrates

The Federal Integrity Commission announced it prevented the waste of 7.5 billion dinars at the General Company for Electricity Transmission in the Mid...

Between Stagnation and Interests: Why Has Vehicle Scrappage Remained Ink on Paper in Iraq?

Economic expert Ahmed Al-Tamimi revealed the real reasons behind the failure of the old vehicle scrappage project, citing the lack of financial alloca...

Supreme Judicial Council Issues Strict Directives to Courts Regarding Accelerating Financial and Administrative Corruption Cases

The Supreme Judicial Council in Iraq issued today strict directives to all primary, appellate, and investigative courts in Baghdad and the governorate...

Baghdad and Erbil Reach Preliminary Agreement on Resuming Oil Exports via Turkish Ceyhan Port

An informed government source reported today, Friday, that the federal government in Baghdad and the Kurdistan Regional Government have reached a prel...

Iraqi Government Finally Approves 2026 Federal Budget Bill and Directs Immediate Disbursement of Development Allocations

The General Secretariat of the Iraqi Council of Ministers announced in an official statement today, Friday, that the Council of Ministers has finally...

Dollar Exchange Rate in Iraq Stabilizes at 1310 Dinars Within 2026 Budget

The Central Bank of Iraq continues to adopt the official exchange rate at 1310 dinars per US dollar within the 2026 budget, according to current sessi...

Iraqi Central Bank Reserves Record Significant Increase Compared to Previous Quarter

The Central Bank of Iraq announced that its total foreign currency reserves rose by more than twelve percent compared to the last quarter, marking the...

Hormuz Navigation Crisis Raises Jet Fuel 70 Percent, Cancels Thousands of Flights

Global aviation organizations revealed on Thursday, April 23, 2026, the cancellation of approximately 20,000 flights due to jet fuel prices rising ove...

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6 months ago