TNT
Tishwash:
The Speaker of the Iraqi Parliament: We will bear the responsibility and proceed with electing the President of the Republic.
3/27/2026
The Speaker of the Iraqi Parliament, Hebat al-Halbousi, confirmed on Friday evening that the Parliament will bear its constitutional responsibility and proceed towards electing the President of the Republic in accordance with the Constitution.
Al-Halbousi stated in a post on the “X” platform, which was followed by Shafaq News Agency, that “the delay in electing the President of the Republic is no longer acceptable, due to its direct impact on the stability of the state and the regularity of the work of its institutions, at a time when Iraqis are looking forward to resolving this constitutional entitlement.”
He added, “Enough time has been given to reach a consensus and choose a suitable person, but the continued delay has exceeded acceptable limits, and therefore the House of Representatives will bear its constitutional responsibility and proceed towards fulfilling this entitlement.”
He continued, “We have a clear national responsibility: to complete this entitlement in accordance with the constitution, and to choose a figure who represents everyone, who is worthy of the trust of the Iraqis, and who restores stability to the work of state institutions.”
Earlier today, 220 members of the Iraqi parliament submitted a list of their names and signatures to the parliament’s leadership, demanding that a session be held next Monday to elect the president of the republic.
The coordinating framework that brings together the ruling Shiite political forces in Iraq agreed to postpone deciding on a prime ministerial candidate until after the end of the ongoing regional war between the United States and Israel against Iran, according to a political source who spoke to Shafaq News Agency earlier.
The Coordination Framework had officially nominated Maliki on January 24, a move that opened the door to negotiations to form the new government, but the process faltered as disagreements continued over the e******n of the President of the Republic, the constitutional entitlement that precedes assigning the candidate of the largest bloc to form the government. (LINK)
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Parliament holds “important” meeting to finalize agreement on a session to elect a president for the Republic of Iraq
3/28/2026
The First Deputy Speaker of Parliament, Adnan Faihan al-Dulaimi, announced on Saturday that the Parliament’s leadership is seeking to hold an “important” meeting with the heads of political blocs this week to discuss reaching an agreement on setting a date for a session to elect the President of the Republic.
Al-Dulaimi affirmed in a statement, “The legislative authority’s determination to assume its constitutional responsibilities and move forward in completing the remaining national entitlements.”
He explained that “the critical circumstances witnessed in the region in general, and Iraq in particular, require the political forces that represent the components of Iraqi society to bear their responsibilities in supporting the move of the presidency and members of the House of Representatives, and to put the interest of the country above all other considerations and to expedite the completion of this constitutional entitlement.”
Al-Dulaimi stressed that the current challenges require a fully empowered government capable of meeting the aspirations of the Iraqi people for security, stability and development, while emphasizing that any delay in this matter would negatively affect the performance of state institutions.
This comes as 220 members of the Iraqi parliament submitted a list of their names and signatures to the parliament’s leadership, demanding that a session be held next Monday to elect the president of the republic.
The coordinating framework that brings together the ruling Shiite political forces in Iraq agreed to postpone deciding on a prime ministerial candidate until after the end of the ongoing regional war between the United States and Israel against Iran, according to a political source who spoke to Shafaq News Agency earlier.
The Coordination Framework had officially nominated Maliki on January 24, a move that opened the door to negotiations to form the new government, but the process faltered as disagreements continued over the e******n of the President of the Republic, the constitutional entitlement that precedes assigning the candidate of the largest bloc to form the government. (LINK)
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Source: Dinar Recaps
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Tishwash:
Expert: War exacerbates Iraq’s financial crises and threatens salaries and the economy
Economic expert Salah Nouri warned on Saturday that the war waged by the United States and Israel against Iran has clear repercussions on the global economic situation, further complicating the financial situation in Iraq.
Nouri told Al-Furat News Agency that: “Iraq faces major challenges before the outbreak of any war, due to the failure to approve budgets and the financial liquidity crisis, in addition to the size of internal and external debts and the obligations of interest and repayment, in light of the weak possibility of exporting crude oil in accordance with the general budgets.”
He added, “These external and internal circumstances are exacerbating the financial deficit and directly impacting the payment of salaries to current employees and retirees, as well as pushing the economy toward recession.”
Nouri emphasized that “the solutions offered by the executive branch to address these challenges are still unclear.” (LINK)
The Prime Minister’s advisor reveals the government’s options for dealing with the exceptional challenges of the 2026 budget.
The Prime Minister’s financial advisor, Mazhar Muhammad Saleh, confirmed on Saturday that the 2026 budget is a test of the economy’s ability to adapt to external shocks, while pointing out that strengthening non-oil revenues is the key to economic sustainability in Iraq.
Saleh told the Iraqi News Agency (INA): “Fiscal policy undoubtedly faces exceptional challenges in preparing the 2026 federal budget, given the rapid regional developments and the fluctuations in oil exports, the cornerstone of state revenues.”
He added: “The heavy reliance on oil revenues reflects the most prominent public finance challenges in the face of price volatility and export levels, which necessitates that financial decision-makers adopt cautious estimates based on realistic and precautionary assumptions to avoid potential shocks.”
He indicated that “public finances are expected to adopt a flexible budget capable of adapting to changes by reprioritizing expenditures, focusing on economically viable projects, and controlling unnecessary operational expenses.”
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He pointed out that “the vital role of enhancing non-oil revenues is highlighted, through improving collection efficiency and expanding the base of non-oil resources, thereby reducing dependence on oil and enhancing financial sustainability in the medium term.”
He added that “given the continued uncertainty in the oil markets, the government may have to adopt a phased financial management approach, by postponing some obligations or adopting temporary spending mechanisms, until the situation becomes fully clear.”
He explained that “the 2026 budget is not just a financial document, but represents a test of the Iraqi economy’s ability to adapt to external shocks, especially geopolitical tensions on oil export routes in the Gulf, and to gradually move towards a more diversified and stable financial model that is capable of absorbing the effects of the economic geography of the energy belt in the Middle East, until the war ends.” (LINK)
Source: Dinar Recaps
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