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Iraqi Dinar Guru opinions 4-18-2021

Iraqi Dinar Guru opinions 4-18-2021

4-18-2021 Newshound/Intel Guru Mnt Goat Article: “GETTING INTO IRAQ HAS NOW NEVER BEEN EASIER” This is part of the plan to re-open the country to international status and allow a free flow of people and capital in and out of the county. This is what we need to see. Read more…

Iraqi Dinar/US Dollar auction results 4-18-2021

Iraqi Dinar/US Dollar auction results 4-18-2021

The results of the foreign currency sale window on Sunday 4/18/2021, and executed today

Advertisement No. (4395) Read more…

Al-Waqae ‘newspaper publishes the general budget for 2021

Al-Waqae ‘newspaper publishes the general budget for 2021

04-18-2021 12:20 PM

On Sunday, the official newspaper Al-Waqi’a published the fiscal budget law for 2021. By publishing the law in the official newspaper, Read more…

Dollar continues to rise

Dollar continues to rise

04/18/2021 10:26:49

{Baghdad: Al Furat News} The exchange rates of the dollar rose today, Sunday, on the main stock exchange in Baghdad.

The central Al-Kifah and Al-Harithiya Stock Exchange in Baghdad Read more…

Parliamentary movement to make amendments to the oil and gas law

Parliamentary movement to make amendments to the oil and gas law

04/18/2021 07:47:21

The Parliamentary Oil and Energy Committee has opened the cabinet and the Ministry of Oil for the purpose of expediting amendments to the oil and gas law and sending it to Parliament.

Committee member Sadiq Al-Sulaiti said, in a press interview, that the oil and gas law is one of the most important stalled laws, and the Parliamentary Oil Committee Read more…

Legal expert explains the importance of Iraq leaving the British classification of high risk countries

Legal expert explains the importance of Iraq leaving the British classification of high risk countries

04/18/2021 18:18:57

The legal expert, Tariq Harb, explained the importance of Iraq leaving the British classification of high risk countries.

Harb said {to Euphrates News} that “many foreign companies were reluctant to enter into projects inside Iraq; but after the recent British decision, the doors of work were opened in front of them.”
He added, “We find foreign companies currently operating Read more…

Iraq is outside the UK’s high risk country ranking

Iraq is outside the UK’s high risk country ranking

Sunday 18 April, 2021 | 11:26 a.m.

The British Treasury in the Department of the United Kingdom Government has not included the name of the Republic of Iraq among the lists of high risk countries according to Resolution No. 392 of 2021 .

The Central Bank of Iraq said in a statement; That this action came; Within the framework of the efforts of the Central Bank of Iraq and through the Office of Combating Money Laundering and Terrorist Financing Read more…

Nassif confirms: Al-Kazemi rejected the Finance Minister’s decision to withhold salaries due to pressure

Nassif confirms: Al-Kazemi rejected the Finance Minister’s decision to withhold salaries due to pressure

Sunday 18 April, 2021 | 01:57 PM

A member of the House of Representatives, Alia Nassif, confirmed, on Sunday, that the Prime Minister’s retreat from approving Finance Minister Muhammad Allawi’s book on the tax deduction for employees ’salaries came as a result of media and specialist pressure .

Nassif said, “Finance Minister Muhammad Allawi’s decision to impose tax Read more…

Advisor to the Prime Minister reveals the budget materials that the government will challenge

Advisor to the Prime Minister reveals the budget materials that the government will challenge

4/18/2021 14:32

[Baghdad-Where]
Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Saleh, revealed the articles that the government will challenge in the 2021 fiscal budget law.
Saleh said, “The two most important points that will be included in the government appeals to the budget are Read more…

Iraqi Dinar Guru opinions 4-17-2021

Iraqi Dinar Guru opinions 4-17-2021

4-17-2021 Newshound/Intel Guru Mnt Goat We all need to relax and let this play out in Iraq. All the conversations now are about implementing the financial reforms, as listed in the “White Paper”. …We know that the White Paper states that the project to delete the zeros will be completed. So, it’s now on the radar, its documented and they can’t avoid it much longer. Oh… we know the budget is passed and ratified. We are just waiting for the publishing in the gazette. But will we get the RV once it’s in the gazette…No one knows for sure but I will say the IMF does want Iraq to get its act together and follow a budgetary process. It is now done. But the CBI has said noting about an RV anytime soon. Is this just a coverup for what they might do? …So far the CBI is not advertising any rate change in the next 2 years. Yes, two years. Will it take that long? Read more…

The dollar settles at 147,500 dinars for a second day

The dollar settles at 147,500 dinars for a second day

04/17/2021 09:50:07

The exchange rates of the dollar stabilized because the main stock exchange in the Al-Kifah and Al-Harithi markets in the Iraqi capital, Baghdad, stopped trading as a result of the comprehensive ban that was applied during the last period of Friday and Saturday. Read more…

Al-Rafidain raises the interest of saving accounts for depositors their money

Al-Rafidain raises the interest of saving accounts for depositors their money

04/17/2021 10:10:32

{Baghdad: Al Furat News} Today, Saturday, the Rafidain Bank announced that the interest rate for citizens’ savings accounts will be raised to 4.5 percent.

The bank’s media office said in a statement that Al Furat News received a copy of, that “based on the bank’s policy aimed at maximizing revenues in order to attract cash and encourage customers to save their money instead of hoarding it at home, the bank decided to increase the interest rate Read more…

Parliamentary Finance: We have no choice but to question and dismiss the Minister of Finance

Parliamentary Finance: We have no choice but to question and dismiss the Minister of Finance

2021-04-17

A member of the Parliamentary Finance Committee, Muhammad Al-Shabaki, confirmed, on Saturday, that the Minister of Finance Ali Allawi’s continuation of this approach may prompt us to interrogate him as he failed to manage the financial policy.

Al-Shabaki said in a press statement, “The Minister of Finance’s letter is a recommendation to the Council of Ministers to make tax deductions retroactively Read more…

Deputy: The Minister of Finance’s decision is a collective punishment of the people

Deputy: The Minister of Finance’s decision is a collective punishment of the people

4/17/2021 15:31

[Baghdad-Where]
Representative Bahar Mahmoud, on Saturday, expressed her surprise at the Finance Minister’s proposal to impose taxes on the salaries of employees under the pretext of maximizing their resources, indicating that the salaries of employees were originally reduced with the increase of the dollar price.
Said Mahmoud in a statement, it can not be the Ministry of Finance to maximize Read more…

Iraqi Dinar Guru opinions 4-16-2021

Iraqi Dinar Guru opinions 4-16-2021

4-16-2021 Intel Guru FootForward …I personally am going to a bank to cash out my dinar. I would be a little wary personally of anywhere saying that there is no tax. For one the tax has not been determined yet on this exchange…I think people are so caught up in the highest rate or no tax that they lose perspective of the big picture. [I have never paid tax on converting usd to Canadian or Canadian to usd but that was under $200.] This is very different. It would be awesome to pay no tax…But this isn’t just a currency exchange in the traditional sense… Read more…

Dollar exchange rates in the local market for today

Dollar exchange rates in the local market for today

2021/04/16

Baghdad / Al-Mawred News
Al-Mawred News publishes the exchange rates of the US dollar against the Iraqi dinar on Friday (April 16, 2021). Read more…

A deputy calls on the government to evaluate the pros and cons of the decision to raise the exchange rate

A deputy calls on the government to evaluate the pros and cons of the decision to raise the exchange rate

2021-04-16 | 03:56

Alsumaria News / Baghdad

, a member of the Parliamentary Economic and Investment Committee, Nada Shaker Jawdat, called on the government to conduct a comprehensive study and evaluation of the negative and positive aspects of the decision to raise the exchange rate of the dollar against the dinar, while indicating a set of measures that must be taken in the event of insisting on keeping the exchange rate as it is now.

Jawdat said in an interview with Alsumaria News, “With regard to the issue of raising the exchange rate Read more…

Will the dollar exchange rise to 1600 dinars? Governmental response and important clarification

Will the dollar exchange rise to 1600 dinars? Governmental response and important clarification

Posted, 04/16/2021 22:31:14

The government responded to the news of the intention to raise the exchange rate of the dollar to 1600 dinars to one US dollar in the local market.

Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, said in a press statement that “the current fluctuation in the exchange rate of the dollar, which ranges between 145 to 147 thousand dinars for one hundred dollar bill, is Read more…

“A breakthrough is imminent.” Adviser to the Prime Minister: Three factors to curb price increases

“A breakthrough is imminent.” Adviser to the Prime Minister: Three factors to curb price increases

04/16/2021 11:27:04

The Prime Minister’s Adviser for Economic Affairs, Mazhar Muhammad Salih, identified three basic factors to limit the rise in prices of goods and commodities in the local markets.

Saleh pointed out in a press statement, “There is an emergency seasonal price gap controlled by the rise in the prices of some imported food commodities that are determined by the global stock exchanges, for reasons Read more…

Parliament threatens to question the Minister of Finance if he does not back down from the tax deduction for employees

Parliament threatens to question the Minister of Finance if he does not back down from the tax deduction for employees

4/16/2021 14:30

[Baghdad-Where]
The Finance Committee rejected, on Friday, what was stated in the Ministry of Finance’s book No. 880 of 4/13/2021 on tax deduction and the minister’s recommendation to return to work with Financial Instructions No. 1 of 2007, threatening to question him if he does not retract the decision.
Committee member Magda Al-Tamimi said in a statement, that she refuses to “implement the instructions referred to above, as it is not permissible Read more…