Some “Iraq News” Posted by Tishwash at TNT 4-5-2026
TNT:
Tishwash: The coordination framework confirms that the session to elect the President of the Republic will be held on April 11.
Coordination Framework member Mahmoud Al-Hayani confirmed on Saturday (April 4, 2026) the insistence on holding the session to elect the President of the Republic on its scheduled date of April 11, stressing that there is no intention to postpone the session under any circumstances.
Al-Hayani told Baghdad Today that “the political forces are moving towards completing the constitutional requirements, in line with the requirements of the current stage, and the session to elect the President of the Republic will be held on its scheduled date without postponement.”
He added that "adherence to constitutional procedures is a national priority to ensure the stability of the political process and to move towards completing the formation of constitutional authorities, and all concerned parties are working to create the necessary conditions for the success of the session and to achieve the required consensus."
A member of the coordinating framework stated that "postponing the session is absolutely out of the question," stressing that "there is a clear determination to resolve this constitutional entitlement within the specified timeframe."
For months, Iraq has been experiencing delays in fulfilling constitutional requirements, most notably the election of the President of the Republic, due to ongoing disputes between political forces, which has led to the obstruction of the formation of the new government. link
Tishwash: The House of Representatives publishes the agenda for next Monday's session.
The Media Department of the Council of Representatives announced today, Saturday (April 4, 2026), that the Council will hold its session next Monday to complete the voting on the members of the parliamentary committees.
Agenda Session No. 15
Monday, April 6, 2026
Chamber of Deputies
Session Proceedings:
Recitation of verses from the Holy Quran
Completion of voting on the members of the Permanent Parliamentary Committees
The session begins at 11:00 a.m. link
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Tishwash: Iran: The Strait of Hormuz is open to Iraq
The spokesman for the Khatam al-Anbiya headquarters stated that Iran respects Iraqi sovereignty in light of Baghdad's firm stances in supporting Tehran, stressing that no obstacles will be placed in the way of Iraqi trade in the Strait of Hormuz.
In a statement issued on Saturday, April 4, 2026, Ibrahim Zolfaghari, spokesman for the Khatam al-Anbiya headquarters, revealed that Iraq was exempted from all the restrictions and strict measures imposed by Iran in the strategic Strait of Hormuz.
Zulfiqari explained that these restrictions only apply to countries classified as "hostile states," noting that Iran has great respect for Iraqi national sovereignty, and describing the Iraqi people as a steadfast and strong nation in the face of American hegemony.
He added that Iraq's supportive stances toward Iran "did not go unappreciated," but rather contributed to strengthening the will to continue the struggle. The statement also emphasized that Iraq, thanks to its positions and support, can seize a historic opportunity to end the presence of American forces on its soil.
Since the outbreak of war between (America, Israel) and Iran, the Iranian Revolutionary Guard has closed the Strait of Hormuz to oil tankers, leading to a significant increase in fuel prices in global markets.
This statement comes in the wake of the air strikes launched by the United States and Israel on Iran on the morning of Saturday, February 28, 2026, which resulted in the killing of a number of the country’s leaders, while Iran responded quickly by launching missile barrages towards Israel and targeting several US military bases and headquarters in countries of the region. link
Tishwash: Warnings of a "salary shock" in May... A 5 trillion deficit puts pressure on government formation and budget approval.
On Thursday, economist Nabil Al-Marsoumi warned of a potential shortfall of up to five trillion dinars in securing employee salaries for the month of May due to the sharp decline in oil sales caused by the disruptions in the Strait of Hormuz. He urged the swift formation of the next Iraqi government with full sovereign powers to meet the needs of citizens by preparing the current year's budget.
Iraq needs more than nine trillion dinars per month, equivalent to (six billion dollars), to secure the salaries of public sector employees and workers, retirees, and to provide social welfare and food basket grants, relying on more than 90% of the financial revenues generated from oil exports, which have decreased by more than 80% after the disruption of energy supply chains in the Strait of Hormuz due to the escalating pace of military escalation in the region.
In this regard, Al-Marsoumi said in an analysis he published that although Iraq continued to export oil through the Strait of Hormuz until the eighth of March, oil revenues did not exceed $1.9 billion, which is equivalent to about 2.5 trillion dinars, indicating that according to these data, the country needs another 5 trillion dinars just to pay next month’s salaries.
He stressed that “it is necessary to expedite the formation of a fully empowered Iraqi government and prepare the 2026 budget in order to give the government the legal cover for internal and external borrowing, discounting remittances at the Central Bank of Iraq, and taking other measures to meet the basic needs of the Iraqi people, especially those related to salaries, social welfare, and the most important services such as water, electricity, and others.”
Iraq is experiencing a state of "political deadlock" as the forces and parties that won the legislative elections held in late 2015 have not been able to complete the constitutional requirements, including electing a new president of the republic and assigning a prime minister to form the next government. The steps achieved so far have been limited to electing the parliament's leadership only.
Observers warn of the repercussions of this continued delay on the political, economic and service levels in the country, especially in light of the rapidly escalating security and geopolitical tensions in the Middle East region, which necessitate the existence of a fully empowered government to manage the current crises. link
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Tishwash: A positive appearance: Exchange rate stability reflects the strength of reserves and the flow of goods.
The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed on Saturday that the stability of exchange rates in the local market reflects positive indicators, while pointing out that the strength of reserves and the accumulation of commodity stock contributed to reducing the fluctuations of the parallel market.
Saleh told Al-Furat News Agency: "The stability of exchange rates in the local market reflects positive indicators that are embodied in two main directions."
He added that “the flexibility of financing foreign trade from the country’s foreign currency reserves, which are among the most efficient according to the standard of trade efficiency of reserves,” indicating that “these reserves extend to cover more than a year of imports, compared to the global standard, which is estimated at only about three months, in addition to continuing to meet the demand for foreign currency at the official rate of 1320 dinars per US dollar.”
He added that "the accumulation of diverse commodity stocks, both governmental and private, covers the country's needs for essential and durable goods for a period ranging from one to three years," noting that "this stability came as a result of adopting alternative trade methods, through the efficient and rapid use of the ports of neighboring countries, which ensures the smooth flow of goods to local markets."
He pointed out that "these factors combined have contributed to reducing exchange rate fluctuations in the parallel market, and have led to a high degree of price stability, with the exception of some seasonal fluctuations in the prices of a limited number of goods."
He stressed that "the market maintained its expectations that the conflict in the Gulf and Middle East region will remain short-term and will not extend for a long period." link