AGP Executive Report
Last update: 8 hours agoCurrency and Markets: The dollar closed at 166,550 dinars per $100 in Baghdad as traders grapple with Iraq’s recent devaluation and near-empty markets. Reports of counterfeit 25,000-dinar notes have added to concerns, prompting calls for stricter checks. Government Formation: The KDP named candidates for deputy prime minister and housing minister ahead of parliament’s cabinet vote, while a journalists’ group condemned parliament’s decision to bar media from the session. Regional Security: Iraq and Saudi Arabia agreed to tighten border coordination. Prime Minister Ali al-Zaidi again said Iraqi territory would not be used to launch attacks on Saudi Arabia or other regional countries. Oil: BP’s joint operating body took over Kirkuk’s four main oilfields, targeting output of 450,000 barrels a day and expanded gas capture. Education: The government says it will seek funding to replace Iraq’s mud-brick and caravan schools, amid a shortage of more than 10,000 schools nationwide.
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