Iraq's Salary, Welfare Spending Reaches $34B In H1

2026-09-02    Shafaq News- Baghdad   Iraq spent about 44.627 trillion dinars ($34.1B) on public-sector salaries and social welfare in the first half of 2026, equivalent to nearly 82% of total federal spending during the period, Finance Ministry data showed.

Employee compensation reached 30.769 trillion dinars ($23.5B), while social welfare spending totaled 13.858 trillion dinars ($10.6B), for a monthly average of about 7.438 trillion dinars ($5.68B).

Government Regulations Now Add $132,000 to the Average New Home

Notes From the Field By James Hockman (Simon Black / Sovereign Man)  September 2, 2026

Somewhere in America there's a local ordinance that tells you which way your garage has to face.  Another one dictates what your fence can be made of, and a third sets how many square feet of window your house needs. A few spell out the dimensions of particular features down to a quarter of an inch.

Good Afternoon Dinar Recaps,

JAPAN'S RISING YIELDS BEGIN REVERSING GLOBAL CAPITAL FLOWS

Higher Japanese bond yields are making domestic assets more attractive and beginning to challenge a decades-old flow of Japanese capital into overseas markets.

Between External Borrowing And Removing Zeros... The Government Faces Difficult Choices To Address The Financial Crisis

31 Aug 13:51    Information/Report...  As pressure mounts on Iraq's public finances, a range of options for addressing the liquidity crisis are resurfacing. These include resorting to external borrowing and restructuring the local currency.

Parliamentary sources confirm that the project to remove zeros from the currency has not yet entered the implementation phase, while economists discuss the possibility of securing a substantial external loan to provide liquidity and bolster reserves.

Good Morning Dinar Recaps,

U.S. DEBT TOPS $40 TRILLION: RISING TREASURY YIELDS EXPOSE A NEW FISCAL PRESSURE POINT

America's debt has crossed $40 trillion as rising long-term Treasury yields increase the cost of government borrowing and force markets to reassess the country's fiscal flexibility.

The Rising Dollar Is Testing Banking Reforms; The Central Bank Is Changing Rules, But The Parallel Market Is Resisting.

Last updated: August 30, 2026    Al-Mustaqilla/Baghdad/- The dollar is still being sold in the Iraqi parallel market at a significant difference from the price announced by the Central Bank, despite a series of banking and regulatory measures implemented by the authorities during the past months in an attempt to restructure the financial sector and expand official channels for obtaining foreign currency.