“Tidbits From TNT” Sunday 1-11-2026
TNT:
Tishwash: Sudanese advisor: Financial deficit is temporary and will not affect the development path
The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, confirmed that the financial deficit in Iraq is short-term.
It does not pose an obstacle to the country's economic development path.
Saleh explained that the deficit is mostly linked to fluctuations in oil prices in global markets.
He pointed out that investors realize that these fluctuations do not reflect institutional weakness as much as they reflect market factors beyond national control.
He added that investor confidence is strengthened when deficits are accompanied by disciplined financing tools, such as issuing domestic bonds and prudent management of public spending.
He stressed that this sends a clear message about the government's ability to control the flow of public funds and avoid long-term imbalances. link
Tishwash: Oil Minister: More than 450 companies are participating in the energy exhibition.
Oil Minister Hayyan Abdul Ghani announced on Saturday the participation of more than 450 companies in the energy exhibition, emphasizing that this large turnout sends a message of stability to Iraq.
Speaking to the Iraqi News Agency (INA), Abdul Ghani said, "The energy exhibition, held at the Baghdad International Fairgrounds, is a distinguished event due to the active participation of many companies specializing in the oil and electricity sectors, in addition to other fields." He noted that "more than 450 companies were present and participating in the exhibition."
He explained that "through this participation, we will learn about the nature of the work these companies contribute to the development of the oil, electricity, and renewable energy sectors," stressing that "the presence of these companies in such numbers represents a clear message of stability in Iraq from a security, economic, and regulatory standpoint."
Prime Minister Mohammed Shia'a al-Sudani inaugurated the 11th Iraq Energy/IEE Exhibition and Conference on Saturday at the Baghdad International Fairgrounds. link
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Tishwash: An economic observatory reveals the Central Bank of Iraq's conditions for banks to trade in currencies other than the dollar.
An economic observatory announced the new conditions set by the Central Bank of Iraq for banks wishing to trade foreign currencies other than the dollar, such as the European "Euro" and the Chinese "Yuan," noting that among these conditions is that "the bank's capital must be 300 billion Iraqi dinars."
The Eco Iraq Observatory explained in a press statement on Saturday, January 10, 2026, that “the Central Bank circulated a document entitled (Guidelines and Models for Assessing Minimum Requirements) for banks prohibited from dealing in dollars and wishing to work in other foreign currencies such as the European Euro, the Chinese Yuan, the UAE Dirham, and others, indicating that “this document is part of the banking sector reform program implemented by the Central Bank.”
The observatory noted that “the document included conditions, most notably that the bank’s capital be 300 billion dinars with a plan to reach 400 billion dinars by the end of 2028,” as well as “the bank having sufficient and regular liquidity to cover its obligations and the obligations of customers, in accordance with international banking regulations (LCR and NSFR).”
"The document emphasized the disclosure of the bank's ownership, i.e., providing a complete and approved list of shareholders, with full disclosure of related parties," according to the statement.
The Economic Affairs Observatory “Eco Iraq” had previously revealed that 35 out of 72 banks operating in Iraq were subject to US sanctions, either due to sanctions by the Office of Foreign Assets Control (OFAC), i.e., the bank being placed on an international blacklist and its financial transactions being paralyzed or its dollar transactions being stopped, or as a “temporary regulatory measure” and not a penalty, to force the bank to comply with transparency. link
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Tishwash: US Chargé d'Affaires: The United States emphasizes the need for immediate action to dismantle "militias" in Iraq
The US Embassy in Baghdad stated that the United States will continue to clearly emphasize the need for immediate action to dismantle militias in Iraq.
In a post on its X platform, the embassy said that Chargé d'Affaires Joshua Harris met with Ammar al-Hakim, leader of the Hikma Movement, to discuss shared interests in protecting Iraqi sovereignty, defeating terrorism, enhancing regional security, and strengthening economic ties that benefit both Americans and Iraqis.
Harris reiterated that "the inclusion of Iranian-backed terrorist militias in the Iraqi government, in any capacity, is incompatible with a strong US-Iraqi partnership."
He added that "the United States will continue to clearly emphasize the need for immediate action to dismantle terrorist militias that serve foreign agendas and threaten Iraq's sovereignty, stability, and economy." link
Mot: Never a Break Does ole ""Earl"" get!!!
Mot: Big Win Today!!!! Heeeee heeeee heeeee!!!!
