IRAQI DINAR POLITICS & ECONOMY

Parliamentary Finance reveals the reason for removing the names of banks from the currency auction

Parliamentary Finance reveals the reason for removing the names of banks from the currency auction

10/21/2020 18:18:33

{Baghdad: Al Furat News} The Parliamentary Finance Committee revealed, on Wednesday evening, the reason for removing the names of banks and banks from the auction of currency sale to the Central Bank.
A member of the committee, Ahmed Al-Hajj, told Al-Furat News that “the central bank cannot delete the names of banks from the currency window without Read more…

A new expectation in disbursing the current month’s salary

A new expectation in disbursing the current month’s salary

10/21/2020 12:30:55

{Baghdad: Al Furat News} The Director of the Office of Financial Supervision {Previous}, Salah Nouri, expected a delay in paying salaries for the current month of October.
“The salaries will be delayed as the previous month, and for the same reasons and controversy between the House of Representatives and the Ministry of Finance, they did not specify a time, but the personal opinion Read more…

Parliamentary accusations against Baghdad and Erbil of “fabricating” the financial crisis in Iraq

Parliamentary accusations against Baghdad and Erbil of “fabricating” the financial crisis in Iraq

Wednesday 21 October 2020 | 03:28 PM

On Wednesday, a member of the Parliamentary Economic Committee, Representative Intisar Al-Mousawi, accused Baghdad and Erbil of fabricating the financial crisis in Iraq .

Moussawi said that “the financial crisis in Iraq is fabricated and came as a result of the cooperation of the central government Read more…

Iraq possesses important documents on money smuggling abroad

Iraq possesses important documents on money smuggling abroad

2020-10-21

The head of the Change Bloc in the House of Representatives, Yusuf Muhammad, admitted, on Wednesday, the existence of important judicial and banking documents on smuggling Iraqi funds abroad through spoilers, expecting that their value would reach tens of billions of dollars.

“It is imperative that the authorities take strict measures Read more…

Al-Sadr coalition discloses that political blocs deliberately obstructed the elections law, because they were not held

Al-Sadr coalition discloses that political blocs deliberately obstructed the elections law, because they were not held

10/21/2020 17:05

[Baghdad-Where]
Riyadh Al-Masoudi, deputy of the “Sairoun” coalition supported by the leader of the Sadrist movement, Muqtada al-Sadr, said on Wednesday that political blocs (he did not name them) intentionally obstruct the decision of districts and approved the election law for the purpose of postponing it Read more…

Al-Kazemi: We are looking for financial support to organize fair elections and security and military cooperation with Germany

Al-Kazemi: We are looking for financial support to organize fair elections and security and military cooperation with Germany

20/10/2020 17:27

[Baghdad-Where]
The Iraqi Prime Minister, Mustafa Al-Kazemi, said on Tuesday that he aspires to conclude understandings and strengthen cooperation with Germany, which he is visiting as part of a European tour.
Al-Kazemi said in a joint press conference with German Chancellor Angela Merkel, “We came to Berlin to confirm Read more…

Al-Kazemi reassures French companies: the anti-corruption campaign has begun to bear fruit

Al-Kazemi reassures French companies: the anti-corruption campaign has begun to bear fruit

Posted, 10/20/2020 19:56

[Baghdad-Where]
Prime Minister Mustafa Al-Kazemi confirmed to a number of French company heads on Monday that Iraq has “already” embarked on a campaign to confront and encircle administrative corruption, reassuring them that the campaign is bearing fruit.
Al-Kazemi said in a statement, that Read more…

Parliamentary Finance: No income tax on salaries

Parliamentary Finance: No income tax on salaries

08:51 – 10/19/2020

BAGHDAD – Mawazine News
The Finance Committee in Parliament confirmed, on Monday, that the government cannot apply income tax on salaries and allowances without a law.
Committee member Ahmed Haji Rashid said, “There are allegations that the government intends to apply the income tax law to the total salary since the current month of October, as the Ministry of Finance Read more…

Al-Kazemi to his French counterpart: The government seeks to restore Iraq to its international status

Al-Kazemi to his French counterpart: The government seeks to restore Iraq to its international status

10/19/2020 13:08:16

(Baghdad: Al Furat News) Prime Minister Mustafa Al-Kazemi began his first talks on Monday morning in the French capital, Paris, with his meeting with French Prime Minister Jean Castex, in the presence of a number of ministers from the two countries.
“During the meeting, ways to develop bilateral relations between the two countries and strengthen them in the economic, investment, security and health fields were discussed, and the situation Read more…

France confirms its readiness to develop banking relations with Iraq

France confirms its readiness to develop banking relations with Iraq

10/19/2020 16:16

[Baghdad-Where]

The governor of the French Central Bank, on Monday, expressed his full readiness to develop banking relations with Iraq.
The media office of the governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, said in a statement. The latter met his French counterpart within the framework of the visit that will include three Read more…

Al-Kazemi’s European tour … financial and political support to pull Iraq out of its crises

Al-Kazemi’s European tour … financial and political support to pull Iraq out of its crises

10/19/2020 17:26

[Baghdad-Where]
On the first European tour to enhance economic and security cooperation, Prime Minister Mustafa Al-Kazemi met with French President Emmanuel Macron, today, Monday, and he will meet with senior officials in Britain, and also in Germany.
Al-Kazemi headed a government delegation accompanying him for a period of 4 days, to mobilize support Read more…

Against the background of the White Paper … a parliamentary call to dismiss the Ministers of Finance and Planning

Against the background of the White Paper … a parliamentary call to dismiss the Ministers of Finance and Planning

06:47 – 10/18/2020

Baghdad – Mawazine News
MP for the Al-Sadiqoun Bloc, Uday Awad, called on Sunday to dismiss the Ministers of Finance and Planning in the government of Prime Minister Mustafa Al-Kazemi, after they presented the white paper.
Awad said, according to his mass media, that “the Minister of Finance put forward theories far from the economic reality in Iraq, and this matter is wrong and will not solve the current crisis,” noting that “the ministers of finance and planning are supposed Read more…

Finance Minister shows the goal of the “white paper”

Finance Minister shows the goal of the “white paper”

10/18/2020 09:51:44

{Baghdad: Al-Furat News} The Minister of Finance, Ali Allawi, stated that the reform paper {the white paper} “diagnosed with a scientific and objective vision the economic and financial problems that have accumulated over decades and that were not the result of the current stage due to wrong policies that were tired in the past.”
Allawi said in a press release that the Euphrates News Agency received a copy of it, that “these problems and cracks are a real challenge that can be overcome Read more…

Urgent Al-Kazemi begins his European tour, which will last for four days

Urgent Al-Kazemi begins his European tour, which will last for four days

10/18/2020 14:18:54

(Baghdad: Al Furat News) Prime Minister Mustafa Al-Kazemi begins his European tour today, Sunday, and will continue for four days.
On his tour, which includes 3 countries (France, Germany, Britain), Al-Kazemi will lead a high-level government delegation, including the Governor of the Central Bank of Iraq, Mustafa Ghaleb.
A statement of the Central Bank, a copy of which was received by the Euphrates News Agency, said, “The governor will meet during the four-day visit Read more…

Parliamentary Committee: Integrity has completed 30% of the most important and most dangerous corruption files

Parliamentary Committee: Integrity has completed 30% of the most important and most dangerous corruption files

2020-10-18

On Sunday, a member of the Parliamentary Integrity Committee, Jawad Hamdan Al-Saadi, revealed that about 30% of the most important and most dangerous corruption files have been completed by the Integrity Commission.

Al-Saadi said in a press statement Read more…

What did Al-Kazemi say about the burning of the Democratic Party headquarters in Baghdad?

What did Al-Kazemi say about the burning of the Democratic Party headquarters in Baghdad?

Posted, 10/18/2020 19:50

[Baghdad-Where]
Prime Minister Mustafa Al-Kazemi stressed, on Saturday, the rejection and condemnation of the incident of burning the headquarters of the Kurdistan Democratic Party in central Baghdad.
An informed source said, “Al-Kazemi said during the emergency meeting of the Ministerial Council for National Security, that Read more…

In Iraq .. 3 files await the outcome of the US elections

In Iraq .. 3 files await the outcome of the US elections

Posted, 10/17/2020 20:56:48

{International: Al Furat News} Many around the world are awaiting the results of the US elections and what the victory of one of the candidates could reflect on the US foreign policies, and Iraq may be one of the most interested in what the ballot will leave.
As usual, two candidates will compete in the US elections scheduled for the third of next month, one of them affiliated with the Republican Party represented by the current President Donald Trump, and the other representing the Democratic Party, Read more…

Industry reveals a tendency to open up to the private sector

Industry reveals a tendency to open up to the private sector

10/17/2020 17:38

[Baghdad-Where] The
Ministry of Industry and Minerals revealed, on Saturday, a tendency to open up to the private sector to revive the local industry.
“The Ministry of Industry has a serious plan and vision to reorganize and develop its industrial companies,” said the ministry’s spokesman, Mortada Al-Safi.
He added, “There are short, medium and long-term plans Read more…

Parliament refuses to deduct employees’ salaries and talks about a new peace for them

Parliament refuses to deduct employees’ salaries and talks about a new peace for them

10/17/2020 9:16

BAGHDAD – Where News
The House of Representatives refused to compromise the salaries of employees as the people’s sustenance, amid demands to end the disparity in those salaries and to find alternatives to fill the deficit.
A member of the House of Representatives, Tohme Al-Lahibi, said: “Violating the people’s livelihood is a red line, and parliament Read more…

Prime Minister: The Reconstruction Council was prepared in an expedited manner and a committee was formed to review it

Prime Minister: The Reconstruction Council was prepared in an expedited manner and a committee was formed to review it

10/17/2020 17:13

[Baghdad_Where]
A source in the cabinet confirmed, on Saturday, that the Construction Council law was prepared in an urgent manner, and a committee was formed to review it.
The source said, according to the official agency, that “the government is interested in this project, and considers it Read more…