Eco - MN iraq News

Eco 08 Apr 2026

Iraq's Gold Reserves Lead the Regional Financial Scene

Iraq continued to strengthen its global financial position by increasing its gold holdings, with World Gold Council reports indicating that Iraq has b...

Development Road: Iraq's New Economic Nerve Under Implementation

The High Committee for the Development Road project announced the start of the actual phase to finalize the definitive paths for the highway and railw...

Firm Banking Measures to Regulate Dollar Movement in Local Exchanges

New instructions from the Central Bank of Iraq have entered into effect to regulate foreign currency trading, as inspection teams began monitoring exc...

A Boom in Points of Sale (POS): Iraq Approaches the End of the Cash Trading Era

Central Bank statistics recorded significant growth and a vertical ascent in the volume of payments via points of sale (POS) during the first quarter...

IMF Maintains Its Forecast: 3.3 Percent Global Economic Growth Despite Risks

In its latest challenge-filled update for April 2026, the IMF firmly kept its global GDP growth forecast at 3.3%. The report indicated that the vitali...

Gold Makes Strong Gains and Heads to Break Historical Barriers

Trading screens across all exchanges witnessed rapid jumps for the ounce of gold, driven by intensive buying operations by investment funds, sovereign...

Customs Automation Bears Fruit: Expectations to Reap $2.5 Billion in 2026

The public treasury is strongly preparing to receive record and historic revenues from the customs sector, reaching $2.5 billion by the end of 2026. T...

120,000 Additional Barrels: Iraq Boosts Its Oil Exports from Basra Ports

The Ministry of Oil boldly approved a new and vital commercial plan to pump an additional 120,000 barrels per day through the southern ports. This cal...

Alliance of (IMF, World Bank, and IEA) to Support Affected Economies

In a swift and exceptional move, the three major economic institutions (IMF, World Bank, and IEA) announced a joint strategic cooperation program. The...

Business Indicators Warn: A Fertilizer Crisis Threatens to Raise Global Rice Prices

Commodities markets have monitored severe and alarming disruptions in fertilizer supply chains due to the insane rise in shipping costs and securing m...

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