By Dr. Ali al-Rawi, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Urgent Monetary and Fiscal Reforms Amid Iraq's Oil Export Crisis and the Inflation of Operational Expenditures Iraq is going through an economic phase that […]
By Bassam Raad, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Financial Transformations in Iraq (2014-2024): Money Supply Growth and Rising Domestic Debt Iraq's fiscal and monetary policy underwent significant changes over the past decade. Figures […]
By John Lee. The newly-appointed Governor of the Central Bank of Iraq (CBI), Nizar Nasser Hussein, received US Embassy Chargé d'Affaires Joshua Harris to discuss financial and economic cooperation. The meeting covered strengthening strategic cooperation, supporting monetary and economic stability, and advancing banking sector reforms. Harris said the United States supports efforts to strengthen stability […]
By John Lee. The Central Bank of Iraq (CBI) has issued a clarifying statement rejecting characterisations of its treasury discounting operations as currency printing, and reaffirming its commitment to monetary stability. In a statement on Sunday, it said discounting treasury bills provides temporary liquidity against an existing government debt instrument, which is recovered at maturity. […]
By Hayder Aziz. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Cylinder Seal: A Sovereign Digital Currency Engine for Iraq's Non-Oil Economy Abstract Iraq's economy faces a deeply interconnected set of problems: a vast informal workforce invisible to the financial system, a crushing 14:1 […]
By John Lee. The Central Bank of Iraq (CBI) has held an extraordinary board meeting to review recent economic and financial developments and assess macroeconomic indicators and future outlooks in light of regional and global changes. The board conducted a comprehensive review of conditions in the monetary and financial markets, including: Liquidity levels within the banking […]
By John Lee. Discussions were held on supporting monetary and economic stability and strengthening strategic cooperation between Iraq and the United States. The Governor of the Central Bank of Iraq (CBI), Ali Mohsen Ismail Al-Alaq, met the Chargé d'Affaires of the United States Embassy in Iraq, Joshua Harris, on Thursday, to review prospects for enhancing […]
By John Lee. The Central Bank of Iraq (CBI) reported a 5.5 percent decline in currency issued during the third quarter of 2025, falling to 99,681 billion Iraqi dinars (approximately $76.1 billion) from 104,127 billion Iraqi dinars (approximately $79.5 billion) in the same period of 2024. The bank said that a reduction in currency in […]
By John Lee. The Central Bank of Iraq (CBI) has presented detailed updates on its banking-sector reform programme, with Governor Ali Mohsen Al-Alaq outlining structural plans aimed at rebuilding a compliant and modern financial system. Al-Alaq said the engagement of Oliver Wyman followed restrictions on dollar transactions imposed on a number of Iraqi banks, noting […]
By John Lee. The Central Bank of Iraq (CBI) has said that its monetary policies have pushed inflation to historically low levels, adding that there is no intention to amend the exchange rate of the Iraqi dinar (IQD). In a statement issued on Monday (24th November), the bank rejected rumours of a possible exchange rate […]
By Dr. Ali Abdul Rahim Al-Aboudi, for the Al-Bayan Center for Planning and Studies. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Liquidity crisis and expenditure financing: Does the lack of dinar liquidity pose a serious threat to the Iraqi economy? The national currency […]
By John Lee. Prime Minister Mohammed Shia' Al-Sudani has received representatives from KPMG, the global auditing and financial advisory firm, to review ongoing cooperation with Iraq's banking sector as part of the government's efforts to enhance transparency and improve the country's financial reputation. The Prime Minister affirmed that Iraq's banking reform programme has become a […]
