Dinar NEWS Blog – Daily

Parliamentary Finance Committee: The 2026 budget may be delayed, and spending will be based on the 1/12 rule.

Jamal Kojar, a member of the parliamentary finance committee, confirmed on Monday that preparing the 2026 budget is possible, but its approval may be delayed until the middle of next year.

Kujer explained in his interview with Al-Furat News Agency that “the disbursement mechanism at the beginning of 2026 will be based on the Financial Management Law according to the 1/12 rule of 2023, as the budget of that year is the basis, while the 2024 budget tables and oil prices therein were built on the 2023 budget.”

He added that “the 2023 budget was the actual financial basis, while the disbursement mechanism in 2024 was merely a set of schedules subordinate to it.”

These statements come amid ongoing discussions of the financial framework for the coming years, and the government’s reliance on the 2023 budget as a primary reference for spending operations, while the public awaits the start date for preparing the 2026 budget and its financing mechanisms.

Alforatnews.iq

The popular movement announces its rejection of renewing al-Sudani’s term as Prime Minister

The popular movement for the Belt and Road Initiative criticized on Monday the actions of Mohammed Shia al-Sudani during his time as Prime Minister, stressing the need to remove him from office and not renew his term again.

The head of the movement’s organizing body, Hussein Al-Karawi, told Al-Maalouma that “Al-Sudani took steps that harmed the Iraqi economy by handing over the Faw port to an Emirati company that is considered the main enemy of this port, in addition to his insistence on establishing the Aqaba oil pipeline, as well as trying to obstruct the Khor Abdullah file and stand against the decision of the Federal Court.”

He added that “the popular movement will not allow any party, even if it is America, to grant a second term to Al-Sudani, as the movement will not stand idly by in the face of such trends at all.”

He indicated that “Sudani will not be prime minister for the next phase, especially after his stances and attempts to get closer to al-Julani and his participation in the normalization conference in Sharm el-Sheikh.”

Almaalomah.me

Al-Sayhoud: The coordinating framework is preparing to announce the largest bloc and choose the next prime minister.

Member of the Coordination Framework, MP Mohammed Al-Sayhoud, confirmed on Monday that the decision to choose the next Prime Minister rests exclusively with the leaders of the Coordination Framework and will be respected by everyone.

Al-Sayhoud told Al-Maalouma that “the Coordination Framework will hold a meeting this evening that includes all its components to announce the largest bloc that won the elections,” noting that “this announcement will give the President of the Republic the constitutional basis to task the largest bloc with nominating the Prime Minister-designate to form the next government.”

He added that “the decision regarding the name of the Prime Minister will be made within the framework according to a mechanism agreed upon by its leaders.”

Sources within the framework indicated that the leaders would hold a meeting today to discuss the criteria for selecting a candidate for prime minister.

Almaalomah.me

Al-Bajari: Iraq is taking steps towards joining the World Maritime Trade Organization

The head of the parliamentary transport committee, Zahra al-Bajari, confirmed on Monday that Iraq is seeking to join the World Maritime Trade Organization, in a move aimed at strengthening the country’s position in the maritime transport and international trade sector.

Al-Bajari told Al-Maalouma News Agency that “joining the World Maritime Trade Organization is a strategic goal for Iraq because of its importance in developing the maritime transport sector and increasing investment opportunities, as Iraq possesses the capabilities that qualify it to engage in this international organization.”

She added that “this step will contribute to improving the infrastructure of Iraqi ports, expanding the prospects for cooperation with member states, as well as enhancing Iraq’s position in global trade.”

Al-Bajari indicated that “the next parliament will support all measures aimed at achieving this goal.”

Almaalomah.me

Karkoush: No alliances to overturn the table; the largest bloc is the path to forming the new government.

Imran Karkoush, a member of the State of Law Coalition, ruled out the possibility of alliances that could overturn the political process, noting that political parties from other components should deal with the current realities and move towards the largest bloc to ensure the formation of the new government.

Karkoush told Al-Maalomah, “The issue of having political alliances that turn the tables is no longer a viable option for political blocs, especially since this matter has been tried in the past and failed in the plan.”

He added that “the Sunnis have tried in the past to go in a different direction in the political process, but they failed in that, and therefore they have no choice but to proceed with the political process according to the current data.”

He explained that “progressing the political process requires engaging with the largest bloc to ensure the formation of a new government without any complications that might arise within the political arena.”

Almaalomah.me

Exclusive: Date for announcing the final election results and their ratification by the Federal Court

The Iraqi Electoral Commission revealed on Monday the date for announcing the final results of the sixth parliamentary elections.

The head of the commission’s media team, Imad Jamil, told Shafaq News Agency that “the commission will officially announce the final results of the Iraqi parliamentary elections today, Monday, between 5 and 6 pm.”

Jamil explained that “the results will be announced via a press conference broadcast on the official (Iraqi) channel, and the results are identical and there will be no change to the initial results that were announced 24 hours after the end of the electoral process.”

For her part, the Deputy Spokesperson for the Commission, Nibras Abu Souda, explained that “one day after the announcement of the final results, the Commission will announce the opening of the appeals process in accordance with Commission Law No. 31 of 2019, for a period of three days.”

According to Abu Souda, who spoke to Shafaq News Agency, “After considering the appeals and the judicial body has reviewed all the appeals submitted, the commission is notified by an official letter that the response has been completed and all appeals submitted regarding the election results have been considered.”

She continued: “After receiving a letter from the judicial authority and considering all appeals, the commission will send the election results to the Federal Court for the purpose of ratifying the results.”

Shafaq.com

Maliki begins holding meetings with political blocs and calls for the formation of a “strong government”.

On Monday, Nouri al-Maliki, head of the State of Law Coalition, called for continued efforts to form a “strong government” during his meeting with delegations from the National Approach Alliance and the Patriotic Union of Kurdistan Party.

The State of Law Coalition’s media office said in a statement received by Shafaq News Agency that “the head of the State of Law Coalition, Nouri al-Maliki, received in his office today delegations from the National Approach Alliance and the Patriotic Union of Kurdistan Party, in two separate meetings dedicated to exchanging congratulations on the success of the elections and the completion of the constitutional entitlement.”

He pointed out that “the two meetings discussed the latest developments in the political process and the results of the ongoing dialogues between the national forces.”

According to the statement, Maliki stressed “the importance of continuing joint efforts to expedite the formation of a strong government capable of meeting the aspirations of the people, enhancing stability, and protecting the democratic process.”

Al-Maliki praised the “positive atmosphere prevailing in the dialogues between the political forces,” stressing the need to “adopt genuine partnership and realistic programs as the basis for government work in the next phase.”

In addition, the National Approach and National Union delegations, according to the statement, affirmed their commitment to “continuing communication and understanding in order to reach a common vision that serves the supreme national interest.”

Shafaq.com

Nechirvan Barzani discusses trade between Washington and Erbil with a US delegation

The President of the Kurdistan Region, Nechirvan Barzani, discussed trade relations between Washington and Erbil with a delegation from the US Business Council.

According to a statement received by Shafaq News Agency, the meeting included an explanation of the purpose of the delegation’s visit to the Kurdistan Region, and discussions were held regarding trade relations between the United States and the Kurdistan Region. In this context, the available opportunities for developing relations between the two sides were highlighted.

Nechirvan Barzani reiterated that the Kurdistan Region is looking to expand its trade and economic ties with the United States, stressing “the region’s readiness to provide all facilities to American investors and companies, enabling them to expand their commercial and economic activities in Kurdistan.”

The results of the Iraqi parliamentary elections were another focus of the meeting, according to the statement.

Shafaq.com

Electoral Commission: Preliminary results will not be significantly affected by the final announcement today.

The Independent High Electoral Commission confirmed on Monday that the preliminary results will not be greatly affected by the announcement of the final results today. The head of the commission’s media support unit, Imad Jamil, told the official agency that “the Independent High Electoral Commission announced the preliminary results for 99.07% of the polling stations, and only 111 stations remain, for which the counting and sorting have been completed and the results have been finalized.”

He added that “announcing the final results does not significantly affect the preliminary results, and the results will be announced today in full detail,” explaining that “the seats were distributed according to System No. 2 of 2025, as well as the quota seats and components.”

He also pointed out that “the commission, after announcing the final results, will grant a period of 3 days for appeals to be submitted by those affected,” noting that “there is a slight change within the bloc, such as the distribution of the women’s quota and the distribution of seats.”

He also indicated that “the total number of complaints in the general and special voting amounted to 102 complaints, and they did not rise to the level of being red complaints, but were distributed between green and yellow complaints that do not affect the election results or lead to the opening of some stations.”

Burathanews.com

The International Monetary Fund expects stable and accelerating growth in the Iraqi economy until 2030.

The Iraqi economy is poised for a more stable growth trajectory in the coming years, following a slight contraction of 0.2% in 2024, according to data from the International Monetary Fund.

According to the “Al-Sharq” website, the fund predicted that the country’s economy would return to growth in 2025 at a rate of 0.5%.

The IMF estimates show a marked acceleration in the pace of growth starting from 2026 to 3.6%, the same rate expected for 2027, before rising to 3.9% in 2028, and then 4.1% for both 2029 and 2030.

The International Monetary Fund predicted last October that Iraq would rank fourth among the largest economies in the Arab world by 2030.

According to the report, Saudi Arabia tops the list as the largest Arab economy with a GDP of $1.6 trillion, followed by the United Arab Emirates in second place with about $764.8 billion, and then Egypt in third place with $589.8 billion.

Iraq comes in fourth place, with an expected GDP of $345.9 billion, continuing its advanced position among Arab economies supported by the energy and oil sector and reconstruction and development projects, ahead of Algeria, which came in fifth with a total of $309 billion, followed by Qatar in sixth place with $296.8 billion, Morocco in seventh place with $241.9 billion, and then Kuwait in eighth place with $190.1 billion.

The last places on the list were occupied by the Sultanate of Oman with a total of $133.3 billion, followed by Jordan in tenth place with $73.6 billion.

The report indicated that Arab economies are experiencing varying paths of growth, driven by economic reforms, expanding investments in renewable energy, tourism, and technology, along with efforts to diversify away from dependence on oil as a primary source of revenue.

Shafaq.com