AGP Executive Report
Last update: 7 hours agoHousehold Costs: Iraq has begun selling construction materials directly to citizens, with cash and installment options, as the government tries to soften the impact of the dinar’s depreciation. Import Payments: The Central Bank told merchants to check that pre-October 7 import transfers were completed and warned banks not to charge extra exchange-rate costs on transfers already covered at the old rate. Dinar and Budget: The official rate has shifted from 1,320 to 1,520 dinars per dollar, intensifying a dispute over the 2027 budget, with lawmakers pressing the government to reconsider the move. Oil Trade: Chinese independent refiners are buying Iraqi crude as Iranian supplies shrink, offering Iraq an outlet amid shipping disruption. Baghdad is also pursuing Syria as an alternative route for crude exports.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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