AGP Executive Report
Last update: 7 hours agoFederal-Kurdish Tensions: Iraq’s Federal Supreme Court struck down a Kurdistan Region law suspending parts of the national penal code on state-security crimes, ruling it unconstitutional and binding on all authorities. Dinar Pressure: The Central Bank raised overseas card-purchase limits but capped monthly spending at five million dinars. It also said traders with import transfers confirmed before Oct. 7 won’t owe the difference under the new exchange rate. Economic Shock: The IMF forecasts Iraq’s economy will shrink 16% this year before rebounding in 2027, with inflation and the current-account deficit set to rise. Post-Coalition Security: Officials say Iraqi forces lack coalition-grade surveillance technology and ISIS remains active after the US-led mission ended, though intelligence-sharing continues. Power and Gas: Kurdistan’s 24-hour Runaki electricity scheme is expected to cover the region by year-end; officials say gas output could triple, but electricity costs exceed revenues. Washington Ties: US envoy Tom Barrack’s meetings with Iraq’s prime minister and top judge signal a shift toward economic and judicial cooperation after the troop withdrawal.
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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