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The Iraqi Government Moves to Bypass the 2026 Budget, Focusing on the 2027 Financial Plan

Informed government sources reported that executive authorities are moving toward drafting the general budget for 2027, bypassing an independent budget for 2026 due to time constraints and mounting te...

MP Abbas Hayyal Secures Approval to Include Oil Contract Stabilization in 2026 Budget

MP Abbas Hayyal secured approval to include the file for stabilizing contracts under Resolution (315) within the 2026 budget, in a new parliamentary step targeting employees of several companies affil...

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

The General Secretariat of the Iraqi Council of Ministers announced today, Friday, the final approval of the draft federal budget law for the fiscal year 2026, during an extraordinary session chaired...

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 session transactions. This stability comes amid the Cen...

Exceptional Leap in Global Oil Prices Presents Iraq's Budget with New Challenges

Global energy markets experienced unprecedented turmoil following a sudden spike in crude oil prices by over 5%, driven by escalating security risks and the closure of strategic maritime corridors, sp...

White House Requests Record Defense Budget for 2027

The US administration has submitted a request to Congress to allocate a massive defense budget of $1.5 trillion for the fiscal year 2027. This unprecedented request comes to offset severe shortages in...

Parliament Settles the Debate and Approves the Current Year's Federal Budget

Late last night, the House of Representatives managed to resolve the deep-seated disagreements that accompanied the discussion sessions, finally voting by majority on the provisions of the federal bud...

Iraqi Parliament Approves 2026 Budget After Broad Political Consensus

Tigris Point News reported that the Iraqi Parliament successfully voted on the 2026 federal budget with a comfortable majority, following weeks of grueling negotiations among political blocs. Parliame...

Iraqi Parliament Warns of Massive Financial Gap in 2026 Budget

The Parliamentary Finance Committee has issued stark warnings of major challenges facing the 2026 federal budget, expecting a record financial deficit that could exceed $61 billion due to global energ...

French Authorities Deploy 70,000 Security Forces Amid Anticipated Disturbances

dijlahpoint - French security authorities have deployed 70,000 police officers across the country to maintain public order and counter potential unrest during nationwide demonstrations.The high-level...

Ministry of Oil Affirms Urgent Need to Appoint Institute Graduates to Meet Production Expansion Requirements

dijlahpoint - The Ministry of Oil affirmed its actual and urgent need to appoint graduates of oil institutes to cover the ongoing expansion in projects and government plans aimed at increasing product...

Economic experts warn of financial consequences of creating new ministerial formations amid crisis

dijlahpoint - Economic specialists warned of the financial consequences and anticipated expenditures of creating new ministries and government formations amid difficult economic conditions. Analysts e...