IRAQI DINAR POLITICS & ECONOMY

Hoshyar Abdullah: Barzani Promised Al-Maliki A Third Term

Hoshyar Abdullah: Barzani Promised Al-Maliki A Third Term

August 27, 2021

The Independent/ – Representative Hoshyar Abdullah confirmed that the head of the Kurdistan Democratic Party, Massoud Barzani, promised the former Prime Minister and leader of the State of Law coalition, Nuri al-Maliki, two things during their meeting in Erbil.

Abdullah said in a tweet published today: “According to informed sources, Read more…

The Iraqi Finance Minister supports the floating of the currency

The Iraqi Finance Minister supports the floating of the currency

Posted, 2021-08-27 09:50

Shafaq News/ Finance Minister Ali Abdul Amir Allawi confirmed on Thursday that he supports floating the currency in a flexible manner.

Allawi said in response to a question by Shafaq News Agency, “The Iraqi currency is floating, but the central bank intervenes from time to time until it places it within Read more…

Disclosure of the content of Al-Sadr’s reformist paper: Al-Kazemi adopted it and these parties signed it

Disclosure of the content of Al-Sadr’s reformist paper: Al-Kazemi adopted it and these parties signed it

2021-08-27 06:48

Shafaq News/ A member of the Sadrist movement’s parliament, Mudar Khazal al-Azrajawi, revealed on Friday that Prime Minister Mustafa al-Kadhimi had adopted the reform paper that the leader of the Sadrist movement, Muqtada al-Sadr, had talked about.

Al-Azrajawi told Shafaq News Agency, “The reform paper that Al-Sadr talked about was adopted by Prime Minister Mustafa Al-Kazemi, and was signed Read more…

Al-Sadr retreats and announces his participation in the legislative elections

Al-Sadr retreats and announces his participation in the legislative elections

2021-08-27 06:00

Shafaq News/ The leader of the Sadrist movement, Muqtada al-Sadr, announced on Friday that he will run for the legislative elections to be held on the tenth of next October, reversing his previous position in which he decided to boycott them.

Al-Sadr had decided in mid-July to boycott the parliamentary elections.

Al-Sadr announced in a televised speech today Read more…

The Iraqi Minister of Finance announces the completion of the preparation of the 2022 budget.. and decides the fate of the exchange rate

The Iraqi Minister of Finance announces the completion of the preparation of the 2022 budget.. and decides the fate of the exchange rate

August 26, 2021 3:13 PM

Mubasher: Iraqi Finance Minister Ali Allawi announced today, Thursday, the completion of the preparation of the 2022 budget, indicating that it will be presented within 3 weeks in the Council of Ministers.

Allawi told the media, according to the Iraqi News Agency (INA), that the price of a barrel of oil in the 2022 budget will be $50.

The Minister of Finance confirmed that “OPEC will add Read more…

The Minister of Finance reveals to Shafak News the size of Iraq’s debts: We have reached the end of the green light

The Minister of Finance reveals to Shafak News the size of Iraq’s debts: We have reached the end of the green light

2021-08-26 07:18

Shafaq News/ On Thursday, Finance Minister Ali Abdul Amir Allawi revealed the size of Iraq’s external and internal debts, warning that the country has reached the end of the green light regarding the size of its debts.

Allawi said in response to a question to Shafaq News Agency, “One of the good aspects of our foreign debt is that most of it belongs to governmental or international institutions and is long-term, and the interest Read more…

Iraq: We do not need international loans, and the smuggled money amounts to $200 billion

Iraq: We do not need international loans, and the smuggled money amounts to $200 billion

2021-08-26 04:40

Shafaq News/ The Iraqi government announced on Thursday that there is no need to borrow from the International Monetary Fund, describing at the same time the relationship between the two sides as “very good.”

Iraqi Finance Minister Ali Abdul Amir Allawi said in a press conference held at the ministry building in Baghdad and attended by Shafak News Agency, “We do not need loans from the International Monetary Fund now, after we needed nearly Read more…

Dollar prices rise with the closure of Baghdad markets

Dollar prices rise with the closure of Baghdad markets

2021-08-26 07:32

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

The Minister of Finance talks about the process of changing the exchange rate of the dollar

The Minister of Finance talks about the process of changing the exchange rate of the dollar

THURSDAY, 08-26-2021,PM 2:51

Today, Thursday, Finance Minister Ali Allawi announced that the process of changing the exchange rate was not easy, and while he indicated that Iraq came out of the difficult economic situation safely, he revealed the reasons for the delay in paying salaries.

Allawi said in an interview with a number of media outlets, “Iraq’s financial policy during a year and a half went through five exceptional circumstances,” noting that Read more…

Al-Kazemi: The Baghdad Cooperation Conference is an important event for Iraq and the region

Al-Kazemi: The Baghdad Cooperation Conference is an important event for Iraq and the region

8-26-2021

Iraqi Prime Minister Mustafa Al-Kazemi said, on Thursday, that the “Baghdad Conference for Cooperation and Partnership”, which will start its work next Saturday, is an “important event for Iraq and the entire region,” stressing that his country seeks to “establish the best relations with its surroundings,” calling for “solidarity.” countries in the region to solve many challenges.”

Mustafa Al-Kazemi said in a statement, “There are many challenges we suffer from Read more…

A member of Barzani’s party: Al-Maliki is the most likely to get the position of prime minister

A member of Barzani’s party: Al-Maliki is the most likely to get the position of prime minister

Posted, 08.25.2021 – 23:09

Baghdad – people

Ali al-Faili, a member of the Kurdistan Democratic Party led by Masoud Barzani, said that the leader of the State of Law coalition, Nuri al-Maliki, is the most likely to be prime minister in the next government, if the position of the Sadrist movement continues to boycott.

Al-Faili, in a televised interview Read more…

The International Development Bank occupies the first place at the level of Iraqi banks

The International Development Bank occupies the first place at the level of Iraqi banks

2021-08-25 | 11:00

The International Development Bank occupies the first place at the level of Iraqi banks according to the classification of assets and the volume of deposits and banking facilities by the Future Iraq Foundation.

Iraq Future Foundation issued the first half report for the year 2021 within a comprehensive analysis of the financial statements of the Iraqi private banks as a whole in terms of total assets, total customer deposits, total credit facilities Read more…

Finance Minister: The Iraqi government is committed to implementing its reform program

Finance Minister: The Iraqi government is committed to implementing its reform program

August 25, 2021 05:56 PM

Mubasher: The Iraqi Minister of Finance, Ali Abdul-Amir Allawi, chaired, today, Wednesday, the meeting of the nineteenth session of the committee for preparing the federal general budget strategy for the medium term 2022-2024, in the presence of the head of the General Authority for Monitoring Federal Ministries Allocations, the Undersecretary, the Prime Minister’s advisors, Read more…

Iraq signs an “agreement of principles” with China to build solar power plants

Iraq signs an “agreement of principles” with China to build solar power plants

2021-08-25 04:43

Shafaq News/ Under the patronage of the Iraqi Prime Minister Mustafa Al-Kazemi, an agreement of principles took place today, Wednesday, between the Ministry of Electricity and the Chinese Power China Company, to establish solar power plants with a capacity of 2000 megawatts, to be implemented with a capacity of 750 megawatts as a first stage, up to a capacity Read more…

A government source identifies the reasons for the low exchange rate of the dollar in Iraq

A government source identifies the reasons for the low exchange rate of the dollar in Iraq

2021-08-25 00:45

Shafaq News/ A government source revealed, on Wednesday, that the decline in the dollar exchange rates will be limited, indicating that the price is affected by supply and demand.

The source said in an interview with Shafaq News Agency, “The gradual decline that the market is witnessing these days is limited and does not exceed the range Read more…

Dollar prices drop with the closure of Baghdad markets

Dollar prices drop with the closure of Baghdad markets

2021-08-25 07:56

Shafaq News/ The exchange rates of the dollar fell against the Iraqi dinar, on Wednesday, with the closure of the main stock exchange in Baghdad.

Shafak News Agency correspondent Read more…

Parliament will resume its sessions early next month and confirm that laws will not be deported

Parliament will resume its sessions early next month and confirm that laws will not be deported

2021-08-25 03:49

Shafaq News/ The representative of the Saeroon Parliamentary Bloc, Abbas Aliwi, announced on Wednesday that parliament will resume its regular sessions early next September.

Aliwi told Shafaq News Agency, “The legislative recess for the House of Representatives ends on September 3 of next month,” noting that Read more…

A deputy reveals the percentage of Iraqi funds smuggled abroad

A deputy reveals the percentage of Iraqi funds smuggled abroad

Wednesday 25 August 2021 | 10:56 am

Representative Fadel Al-Fatlawi revealed the percentage of Iraqi funds smuggled abroad. Al-Fatlawi asked, according to local media: “From 2003 until now, what is the amount of money that has been smuggled from hard currency out of Iraq?” He added, “The money that was smuggled out of Iraq is estimated at about Read more…

Disclosure of an American threat to Iraq if it contracts with three countries

Disclosure of an American threat to Iraq if it contracts with three countries

2021-08-25

On Wednesday, a member of the Parliamentary Foreign Relations Committee, Mukhtar al-Moussawi, revealed that the United States of America threatened Iraq with the consequences of contracting with China, Russia and Iran.

Al-Moussawi said in a press statement that “Washington does not allow Iraq to contract with Chinese, Russian and Iranian companies in the field Read more…

The Iraqi Council of Ministers takes a number of “electrical” decisions

The Iraqi Council of Ministers takes a number of “electrical” decisions

2021-08-24 05:35

Shafaq News/ The Council of Ministers approved, in its regular session held today, Tuesday, headed by Prime Minister Mustafa Al-Kazemi, a package of decisions related to the status of electrical energy, after hosting the Undersecretary of the Ministry of Electricity.

The Council of Ministers voted to prepare a law to amend the name of the Ministry of Electricity to be (Ministry of Electricity and Renewable Energy), and to refer it to the House of Representatives.

The Council also approved the recommendations Read more…