Iraq News News Iraq » Economy: Iraq devalues dinar to ease cash crunch, leaving traders in limbo
The government hopes a weaker dinar will help pay salaries, but traders face rising import costs and uncertainty.
News Iraq » Economy: Iraq parliament approves al-Zaidi’s cabinet amid growing economic concerns
Iraq’s parliament has finalised key minister appointments five months after al-Zaidi’s government took office.
News Iraq » Economy: Iraq devalues dinar to ease economic pressure
Under the new rates, the Central Bank will purchase U.S. dollars from the Ministry of Finance at 1,500 dinars per dollar and sell them to banks at 1,510 dinars. Banks will sell dollars to the public ...
News Iraq » Economy: Iran war squeezes Iraq’s economy as oil revenues fall and prices rise
Disrupted oil exports, costlier imports, and a weaker dinar expose Iraq's economic dependence on oil, foreign goods.
News Iraq » Economy: Iraq faces deepening economic crisis after losing $60 billion in revenue
Iraq has lost approximately $60 billion following the outbreak of war in the Middle East and a sharp decline in oil revenues caused by disruptions to shipping through the Strait of Hormuz.
News Iraq » Economy: Iraqi Prime Minister and UK National Security Adviser review security and economic ties
Iraqi Prime Minister Ali Falih Al-Zaidi met with UK National Security Adviser Jonathan Powell in Baghdad on October 18, 2026, to enhance bilateral security and economic cooperation.
News Iraq » Economy: How Off-Grid Solar Is Challenging Iraq’s Diesel Generator Economy
Iraq’s unreliable electricity grid has long forced communities to rely on private diesel generators during power failures. In Iraqi Kurdistan, mountainous terrain and high costs make expanding ...
News Iraq » Economy: Iraq PM to visit Washington to boost economic ties with U.S.
Add Yahoo as a preferred source to see more of our stories on Google. FILE PHOTO: Iraqi Prime Minister-designate Ali al-Zaidi speaks during a parliamentary session to vote in a new government headed ...
News Iraq » Economy: Iraq’s Finance Minister meets IMF leaders in Bangkok over economic challenges
Iraq’s Finance Minister Falih Al-Sari met with top International Monetary Fund officials in Bangkok as the government confronts mounting economic strain from the regional conflict and disruptions […] ...
News Iraq » Economy: Smart Moves on Iraq’s Economy
When American journalists and policymakers talk about Iraq, their focus is overwhelmingly on security. Will Iraqi forces mop up the remnants of the Islamic State? Will Iran extend and formalize its ...
News Iraq » Economy: Rebuilding the Iraqi Economy
As Iraqi and coalition forces struggle to defeat insurgents, the interim Iraqi government continues to transform a centralized economy to a free-market one. Finance Minister Adel Abdul Mahdi addressed ...