AGP Executive Report
Last update: 15 minutes agoCost of Living: Food prices climbed 10% in Basra and 6.5% in Baghdad and Erbil as the parallel-market dollar rate rose; Iraq’s Trade Ministry said many increases were unjustified. Housing: Prime Minister Ali al-Zaidi launched work on 50,000 residential plots in Al-Anbar, part of a nationwide plan for one million free plots. Oil and Gas: Iraq’s oil output topped 5 million barrels a day, while exports through Ceyhan reached 500,000 barrels; Baghdad is also seeking a higher OPEC+ quota for 2027. Federal Budget: KRG officials arrived in Baghdad for talks on the 2027 budget, disputing a proposed 12.68% regional share and seeking 14.14%. Trade and Finance: Iraq approved rice exports, while digital payments reached $16.7 billion in 2026. Trade with the UAE has also been hit by the Iran war, adding pressure to regional commerce.
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