The Central Bank of Iraq (CBI) has announced that the county has foreign reserves exceding 60 billion dollars.
In a statement, the bank said the reserves are “a result of the fiscal and monetary policies adopted by the Central Bank over the past years to stabilize the general financial situation, especially in 2014 and the years that followed, with financial conditions at their lowest levels“.
The Canadian Department of Foreign Affairs, Trade and Development (DFATD) has contributed CAD 20 million ($15 million) in support of...
The International Energy Agency (IEA) has warned that Iraq is a “potentially vulnerable” energy supplier. In its Oil Market Report,...
The Trump administration has reportedly threatened to block Iraq’s access to its funds in the Federal Reserve Bank of New...
Iraq has paid back more than $20 billion in foreign debt, the head of the parliamentary finance committee Haitham Al-Jubouri...
