CBI denies printing money to combat financial crisis 

The Central Bank of Iraq said Sunday that "describing treasury bill discount operations as printing money is inaccurate," stressing that such measures are temporary liquidity tools backed by government debt and differ fundamentally from issuing new currency.

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Iraq has ‘huge plan’ to transform banking sector, says CBI governor

Ali al-Alaq told The New Region that citizens must not "rush to the market" amid a rise in unofficial dollar prices, insisting that the Central Bank is maintaining foreign reserves "at a very good level."

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CBI warns of influencers being used in money laundering, terror financing

Money laundering techniques outlined by the bank include rapid, unexplained follower growth, funds received from parties “without a clear commercial reason,” paid promotions for “suspicious parties,” purchase of luxury assets that do not match income, and financial deals with entities “subject to international sanctions.”

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Iraqi MP warns next government will inherit heavy debts

Iraqi lawmaker Yasser al-Husseini warned that the next government will face serious financial challenges due to rising internal and external debts left by the current administration. He told The New Region that Iraq’s debt has reached dangerous levels, limiting the government’s ability to reform the economy.

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CBI defends Iraqi debt levels as 'within safe limits'

The Central Bank of Iraq said the country’s public debt has reached 91 trillion dinars but remains within safe limits, amounting to 43 percent of the national economy. The bank said borrowing was limited and well-coordinated with the government, adding that Iraq’s external debt does not exceed $13 billion.

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CBI issues new regulations to curb foreign currency smuggling

The new Central Bank of Iraq (CBI) measures come as the US has increasingly sanctioned Iraqi banks over allegations of currency smuggling and other means of bypassing economic measures imposed on Iran.

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Iraqi expert warns of ‘Lebanese-style’ banking crisis as CBI tightens monetary policy

Abdulrahman al-Sheikhli, a banking expert, warned that "there is rising concern among citizens and investors about the condition of some private and even state-owned banks facing financial and liquidity pressures, raising fears of a scenario similar to Lebanon’s."

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Iraqi state institutions to go cashless by July 2026: Central Bank

The Central Bank of Iraq announced that all government offices and other facilities will stop using cash by July 2026.

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International Development Bank removed from KRG's MyAccount due to CBI restrictions

“The KRG [Kurdistan Regional Government] Ministry of Finance and Economy announces that the International Development Bank (IDB) will no longer participate in the MyAccount programme, following restrictions imposed by the Central Bank of Iraq (CBI) on US dollar transactions,” read a statement from the ministry.

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