AGP Executive Report
Last update: 8 hours agoIraq Economy & Finance: Iraq recovered $13M in state funds held abroad after court rulings, depositing it into the Ministry of Finance accounts via Arab Bank (Switzerland), according to the Iraqi Fund for Assets Recovery. Oil & Trade: Iraq’s exports continue to move despite regional strain, with reports citing 2.6 million bpd from southern ports and fuel exports via Jordan to global markets. Currency & Banking: Baghdad dismantled an unlicensed currency exchange and money transfer network, arresting five suspects and seizing $240,000; the dinar has recently weakened to around 1,600 IQD per USD on parallel-market pressure. Regional Security & Sovereignty: Turkey agreed to gradually hand over the Bashiqa-Zilkan base to Iraq, tied to steps to restore Iraqi state authority in Sinjar and remove “banned foreign armed elements,” with no clear timetable announced. Energy Infrastructure: Iraq plans to raise gas production at Nahr Bin Umar to 300 million cubic feet and reports new gas processing activity at East Baghdad South Field.
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