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Economy

Iraq’s Annual Inflation Drops 0.3% as Experts Warn of Slow Economic Growth

Iraq’s annual inflation rate fell by 0.3% in October, while the monthly rate rose slightly by 0.1%, according to the Iraq Future Foundation for Economic Studies...

No Obstacles to Withdrawing Iraq’s Oil Revenues from US Banks: CBI Governor

The governor of the Central Bank of Iraq (CBI) confirmed Wednesday that Iraq faces no obstacles in withdrawing oil revenues from US banks. This...

Iraq’s Bank Lending Rises as Deposits Dip 1% in July

Iraq’s Central Bank (CBI) reported a 1% decline in deposits but a notable rise in lending during July 2025, reflecting shifting dynamics in the...

Gold Prices Steady in Baghdad, Climb in Erbil Markets

Gold prices remained stable in Baghdad but increased in Erbil, according to a recent survey. The Baghdad market showed minimal fluctuations, while Erbil experienced...

Dollar Prices Fall in Baghdad, Remain Steady in Erbil Markets

The exchange rate of the US dollar against the Iraqi dinar fell in Baghdad but stayed stable in Erbil, according to a recent survey....

IMF Upgrades Iraq’s Economic Forecasts

The International Monetary Fund (IMF) revised its economic outlook for Iraq, showing stronger growth and lower inflation. The latest World Economic Outlook signals a more stable...

Expert Warns Iraq’s High-Cost Debt Threatens Financial Stability

Economic expert Manar Al-Obaidi has raised strong concerns about Iraq internal debt, stressing that its real danger lies in its high cost, poor allocation, and...

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