The Parliamentary Finance Committee revealed the number of employees, retirees and beneficiaries of social welfare, stressing that their salaries are fully secured for the next year, with no intention to change the dollar exchange rate.
The member of the committee, Moeen Al-Kazimi, stressed “the need to increase non-oil revenues to alleviate the burden on the general budget.”
Al-Kazimi stressed that “the government is working to enhance revenues from non-oil sources such as taxes, customs, the Information and Communications Authority, and winning companies in state departments, in addition to the collection of water, electricity and other services.”
He pointed out that “non-oil revenues can reach 30 trillion dinars in 2025, in addition to 120 trillion dinars of oil revenues, which makes the total revenues sufficient to secure the salaries of employees of 4.2 million employees, and the salaries of retirees, who number up to 3.5 million retirees,” pointing out that “allocations for these salaries amounted to 65 trillion dinars during 2024, and it is expected not to witness a significant increase during the next year.”
Al-Kazimi also explained that “the beneficiaries of social welfare will reach 5 million beneficiaries,” stressing “the importance of following a rational fiscal policy to increase non-oil revenues and ensure financial stability, while keeping the dollar exchange rate unchanged.”
Yesterday they said they will pay the salary either Thursday or Saturday
Middle Eastern time
Saturday morning in the Middle East
Forex would be closed so they wouldn’t pay them on the new rate
That means they should do it today at 5 PM EST marking it as the beginning of Sydney’s Thursday trading session
remember, they said yesterday:
“ the amount of salary will be sent for Kurdistan is undetermined”
Which means it’s based on the new rate that’s why they don’t want to tell you how much they would send because you would know the rate
Expert diagnoses two reasons behind the rise of the dollar against the dinar in Iraq
The economic and financial expert, Abdul Rahman Al-Mashhadani, attributed, on Wednesday, the reasons for the rise of the dollar against the Iraqi dinar to the rumor of the holidays and New Year's Day.
Al-Mashhadani said in an interview with Shafaq News Agency, "The promotion of stopping the platform is a major reason for the rise in the price of the dollar," indicating that "this rumor that spread showed that foreign transfers will stop."
He explained that "this rumor is false, as 97% of the transfers made through the window were transferred to banks that have correspondent banks in a way that enhances the balances. Also, the Christmas holiday is another reason for the demand for the dollar, as there is a lot of travel during these days."
Al-Mashhadani expected that "the situation will stabilize and the dollar will return to its normal status after the holiday."
The price of the dollar rose gradually in local markets, where it recorded 152,300 dinars for every 100 dollars in the Al-Kifah and Al-Harithiya stock exchanges, and 152,200 dinars for every 100 dollars in Erbil, the capital of the Kurdistan Region. link
Article quote: "Iraq has gotten rid of the burden of foreign debts for the first time which had shackled it economically ...
What remains of its debts to international parties constitutes less than $9 billion that will be paid between now and the year 2028."
; Iraq's going to have a lot of money.
If you're going to be a creditor, people are going to be coming to you for money and Iraq is going to have a lot of it. To be fair, I think a lot of us are going to have a few dollar too because of it.
Exclusive: HTS not covered by Iraq's Amnesty Law, expert confirms
Shafaq News/ On Monday, legal expert Mohammad Jumaa revealed whether Ahmad al-Sharaa, known as Abu Mohammed al-Julani, the leader of Hayat Tahrir al-Sham (HTS), could be covered by the General Amnesty Law that the Iraqi parliament plans to enact.
Jumaa told Shafaq News that "the general amnesty applies only to Iraqis and does not extend to foreigners, regardless of the crime committed or the charges against them. Ahmad al-Sharaa is Syrian, not Iraqi, and therefore is not subject to the provisions of the General Amnesty Law."
He indicated that the arrest warrant issued by the Iraqi judiciary presents a dilemma for Iraq's security forces in case al-Sharaa holds an official position in the new Syrian government and wishes to visit Iraq, adding, “If al-Sharaa becomes the president of Syria, he will be granted diplomatic immunity and cannot be arrested.”
Earlier, an informed source told Shafaq News that "when al-Sharaa was in Iraq as a member of al-Qaeda, he was arrested by the US forces between 2007 and 2008.” However, no Iraqi court issued a ruling against him at the time.
Years later, a subsequent arrest warrant was issued against him without a court ruling, after prisoners confessed to various terrorist charges against al-Julani, the sources explained.
On Thursday, the HTS leader, denied having previously participated in sectarian battles in Iraq, emphasizing that his group, severed its ties with al-Qaeda, and does not have connections to any external organizations or entities.
Notably, during an American delegation's visit to Damascus last week, Barbara Leaf, the United States Assistant Secretary of State for Near Eastern Affairs, revealed that she had met with Syria's new leadership, including al-Sharaaa, and the US had revoked the $10 million reward for information on him.
Observers noted that a search of the US Rewards for Justice website, which lists rewards for information on "wanted terrorists," no longer displays a page for al-Sharaaa, though HTS itself remains listed.
Hayat Tahrir al-Sham originated from Jabhat al-Nusra, al-Qaeda's Syrian affiliate, formed during the early years of the conflict. It severed public ties with al-Qaeda in 2016, rebranding itself as an independent Salafi-jihadist organization.
HTS, classified as a terrorist organization by the US, Turkiye, the United Nations, and other Western nations, has emerged as a dominant player in Syria following the fall of Bashar al-Assad’s regime.
As of now, no country has officially removed Hayat Tahrir al-Sham (HTS) from their list of designated terrorist organizations. However, there are ongoing discussions and considerations in some countries like France, the UK, Turkiye, and Canada.
About the General Amnesty Law
The General Amnesty Law, first enacted in 2008, has become a focal point of Sunni political demands for national reconciliation. The 2016 revision aimed to increase Sunni inclusion in Iraq’s political framework but faced resistance from Shia factions, concerned it could enable the release of convicted terrorists.
Proposed amendments now exclude individuals convicted of terrorism and serious crimes, seeking compromise. However, the law remains divisive, as Shia leaders prioritize national security, while Sunni representatives view it as critical for peace and political balance.