IRAQI DINAR POLITICS & ECONOMY

Alia Nassif: The refund process must start from within first

Alia Nassif: The refund process must start from within first

Thursday 16 September 2021 | 12:35 pm

The Parliamentary Integrity Committee confirmed, on Thursday, that the process of recovering funds must start from within, noting that the stolen funds are not only related to budgets, but to many joints, including state real estate, oil smuggling and others .

Committee member MP Alia Nassif said, “The money recovery conference is a positive step Read more…

The Kurdistan Democratic Party warns of the possibility of annulment of the results of the Iraqi elections

The Kurdistan Democratic Party warns of the possibility of annulment of the results of the Iraqi elections

2021-09-15 09:20

Shafaq News/ The leader of the Kurdistan Democratic Party, Hoshyar Zebari, did not rule out on Wednesday the possibility of canceling the results of the parliamentary elections to be held in Iraq next October if they do not meet international standards.

Zebari said in a speech during his participation today in an electoral rally for his party’s supporters, that this election differs from its predecessors because Read more…

Iraq is making a sharp cut in its oil prices for the American market

Iraq is making a sharp cut in its oil prices for the American market

2021-09-15 08:53

Shafaq News/ Iraq made sharp reductions in the price of its crude oil to its customers in the United States, in a move described by Bloomberg Economic Agency as striking.

The agency said that Basra Light crude was sold in October at a discount Read more…

With the closure of Baghdad markets.. an increase in the price of the dollar

With the closure of Baghdad markets.. an increase in the price of the dollar

2021-09-15 08:49

Shafaq News/ The exchange rates of the US dollar rose against the Iraqi dinar, on Wednesday evening, with the closure of the main stock exchange in the capital, Baghdad. Read more…

Iraq indicates “weakness” in international efforts to recover looted funds

Iraq indicates “weakness” in international efforts to recover looted funds

2021-09-15 08:43

Shafaq News/ The Iraqi Minister of Justice, Salar Abdul Sattar Muhammad, said today, Wednesday, that there is a “weakness” in international efforts regarding the recovery of looted Iraqi funds.

He added, during his speech at the opening of the International Conference for the Recovery of Stolen Funds, which was held today in Baghdad with wide international participation, that “the Conference for the Recovery of Stolen Funds aims to Read more…

Al-Kazemi announces that Iraq will recover part of its looted money

Al-Kazemi announces that Iraq will recover part of its looted money

2021-09-15 08:40

Shafaq News/ Prime Minister Mustafa Al-Kazemi announced on Wednesday that his government succeeded in recovering part of Iraq’s looted funds from abroad.

Al-Kazemi said in a speech during the launching of the proceedings of the international conference to recover the looted funds, that corruption and terrorism are two sides of the same coin, adding, “Corruption was present Read more…

The Truthful: The US withdrawal from Iraq is just a lie

The Truthful: The US withdrawal from Iraq is just a lie

Wednesday 15 September 2021 | 11:18 am

Member of the Al-Sadiqoon Parliamentary Bloc, Hassan Salem, considered, on Wednesday, that the American withdrawal from Iraq is just a lie, indicating that the government did not set a timetable for the withdrawal of foreign forces .

Salem said that “all American promises regarding the withdrawal of its forces from Iraq are a lie,” noting that “Iraq does not need Read more…

The Iraqi government: We will reduce external borrowing to its lowest levels

The Iraqi government: We will reduce external borrowing to its lowest levels

Wednesday 15 September 2021 | 02:27 PM

The Minister of Planning, Khaled Batal Al-Najm, said today, Wednesday, that the ministry’s policies and the government’s directions are moving towards reducing external borrowing to its lowest levels, with the aim of reducing the burden of loans on the national economy .

This came while presiding over an expanded meeting, which included representatives of the ministries of finance, electricity, construction, housing, Read more…

International Conference in Baghdad on “Corruption Money”

International Conference in Baghdad on “Corruption Money”

9-15-2021

Today (Wednesday), the International Conference for the Recovery of Stolen Money Corruption will start in Baghdad. The two-day conference will be held under the auspices of the Iraqi government and the participation of the Secretary-General of the League of Arab States, Ahmed Aboul Gheit, along with a number of justice ministers, heads of judicial councils and supervisory bodies, as well as representatives of Arab associations and organizations, and legal, academic and media figures related to the issue of combating corruption.
The Iraqi Integrity Commission and the Ministry of Justice Read more…

Iraqi Dinar/US Dollar auction results for Wednesday 9-15-2021 executed today 9-14-2021

Iraqi Dinar/US Dollar auction results for Wednesday 9-15-2021 executed today 9-14-2021

The results of the foreign currency sale window for Wednesday 15/9/2021 and implemented today

Announcement No. (4487) Read more…

“Mission Impossible” .. Al-Maliki as prime minister for a third term

“Mission Impossible” .. Al-Maliki as prime minister for a third term

2021-09-14 08:56

Shafaq News/ Any independent observer can envy the leaders of the “State of Law” coalition for their excessive confidence in expressing that Nuri al-Maliki is the most qualified and worthy to return to the presidency of the Iraqi government, and secondly, their ability to express the certainty that the coalition is able to achieve a comfortable victory in the October 10 elections. next.

The results of the 2018 elections do not seem to encourage such over-optimism, as Read more…

The stability of dollar prices with the closure of Baghdad markets

The stability of dollar prices with the closure of Baghdad markets

2021-09-14 08:28

Shafaq News/ The exchange rates of the dollar stabilized against the Iraqi dinar, on Tuesday, with the closure of the main stock exchange in Baghdad. Read more…

The first comment on Baghdad’s hosting of an expanded international conference to recover the looted funds

The first comment on Baghdad’s hosting of an expanded international conference to recover the looted funds

2021-09-14 06:40

Shafaq News/ The former member of the Anti-Corruption Council in Iraq, the expert Saeed Yassin Musa, commented today, Tuesday, on Baghdad hosting an expanded international conference to recover the looted funds.

Moussa told Shafaq News Agency, “This conference is being held by the Arab League and the Iraqi Ministry of Justice for the period from 15-16 September, in the presence of the justice ministers Read more…

Baghdad hosts an expanded international conference to recover the looted funds

Baghdad hosts an expanded international conference to recover the looted funds

Tuesday 14 September 2021 | 12:11 pm

On the fifteenth and sixteenth of September, the proceedings of the International Conference for the Recovery of Stolen Funds will be launched in the Iraqi capital, Baghdad .

The conference is held under the auspices of Prime Minister Mustafa Al-Kazemi, with the participation of Arab League President Ahmed Aboul Gheit, a number of justice ministers, heads of judicial councils and regulatory bodies, as well as Read more…

Almost zero credit to dozens of banks, and Iraqis deal in cash to settle their transactions

Almost zero credit to dozens of banks, and Iraqis deal in cash to settle their transactions

2021-09-13 02:01

Shafak News/

Dozens of government and private banks are active in Iraq, and their activities vary between commercial, Islamic, agricultural and industrial, but the credit of these banks is almost non-existent, which made many Iraqis refrain from dealing with these banks and rely on cash to settle their transactions.

Bank credit is what banks do within their core business by lending money or granting Read more…

Al-Kazemi’s advisor: The 2022 budget will collide with “constitutional embarrassments”

Al-Kazemi’s advisor: The 2022 budget will collide with “constitutional embarrassments”

Monday 13 September 2021 | 09:45 AM

Mazhar Muhammad Salih, the financial advisor to the Prime Minister, warned Monday of “constitutional embarrassments” that he said would hinder the legislation of the federal budget law for next year .

Saleh said, “The submission of the 2022 draft budget law is committed to constitutional timings, but the approaching date of early elections and the suspension of parliament’s work will stand in the way Read more…

Parliamentary Integrity calls for auditing electricity contracts that were signed in Washington

Parliamentary Integrity calls for auditing electricity contracts that were signed in Washington

Monday 13 September 2021 | 02:31 PM

The Integrity Committee in the House of Representatives called, on Monday, for the supervisory authorities to audit the contracts in the electricity sector that were signed in Washington during Al-Kazemi’s recent visit to it, indicating that the signed contracts are in violation of the budget law that prevented the conduct Read more…

Dollar exchange rates in local markets

Dollar exchange rates in local markets

Monday 13 September 2021 | 10:40 am

The exchange rates of the dollar against the Iraqi dinar on a daily basis, according to the variables of the currency exchange market in the capital, Baghdad, and the provinces of the country . Read more…

Devaluation of the currency..and its repercussions on the Iraqi economy

Devaluation of the currency..and its repercussions on the Iraqi economy

2021-09-13

Dr. Bilal Al-Khalifa || The increase in the exchange rate of the US dollar against the Iraqi dinar has been raised since the end of last year, and the Federal General Budget Law was finally approved at an exchange rate of (1460). One of the benefits of increasing the exchange rate is to prevent the leakage of hard currency, especially the US dollar, outside Iraq, in addition to supporting the local product of industry and agriculture, as well as increasing the state’s ability to pay salaries and reduce the budget deficit. Their evidence that raising the currency is to reduce its leakage outside the country is the figures published by the Central Bank of Iraq Read more…

AL-KAZEMI’S ADVISOR REVEALS THE DEVELOPMENTS IN PREPARING THE 2022 DRAFT BUDGET

AL-KAZEMI’S ADVISOR REVEALS THE DEVELOPMENTS IN PREPARING THE 2022 DRAFT BUDGET

Sunday, September 12, 2021 3:03 PM

Special / National News Center

Today, Sunday, Adviser to the Prime Minister, Mazhar Muhammad Salih, revealed the latest developments regarding the preparation of the country’s draft general budget law for the year 2022, while pointing to automatic tendencies towards borrowing.

Saleh told the “National News Center” website, “The stages of preparing the country’s draft general budget law Read more…