Economic Update - Legislative Developments On Tuesday, the German Bundestag approved a significant financial initiative, reconfiguring long-term debt policy to facilitate enhanced defense expenditures, alongside an infrastructure and climate fund
Prime Minister Mohammed Shia Sudani Advocates for Economic Reforms in Iraq Introduction Prime Minister Mohammed Shia Sudani has reiterated the necessity for comprehensive economic reforms as a pivotal step towards
Economy Update - Follow-up The President of the European Commission, Ursula von der Leyen, announced on Tuesday that the European Union is initiating plans to enhance its defense spending, potentially
Iraq's Political Leadership Addresses Potential U.S. Sanctions: Strategic Outlook for the Economy On March 3, 2025, Ali Saadoun, a member of the Iraqi House of Representatives, articulated a strategic framework
Prime Minister Al-Sudani Presides Over Eighth Council of Ministers Session On Wednesday, the Prime Minister's Office announced that Prime Minister Muhammad Shi'a Al-Sudani chaired the eighth regular session of the
Significant Increase in UK Military Budget Announced by Prime Minister Starmer On Tuesday, British Prime Minister Kiir Starmer unveiled a substantial increase in the nation's military budget, marking the largest
U.S. Sanctions Target Iraqi Private Banking Sector An official source has confirmed that recent U.S. sanctions have been imposed on five Iraqi private banks and three electronic payment companies. Notably,
US Sanctions Target New Iraqi Banks for Illicit Financial Activities On Monday, an official Iraqi government source disclosed that the country’s governmental agencies have received formal communication regarding the imposition
Ministry of Commerce Announces Food Basket Distribution Ahead of Ramadan The Ministry of Commerce has announced a new initiative for the distribution of a food basket prior to the onset
Economic Developments - Baghdad On Friday, Prime Minister Mohamed Shi'a El-Sudani engaged in discussions with a Spanish firm specializing in information technology regarding the provision of border monitoring devices and