IRAQI DINAR POLITICS & ECONOMY

An important clarification from Al-Kazemi’s advisor regarding the value of the “dinar”

An important clarification from Al-Kazemi’s advisor regarding the value of the “dinar”

FRI, 06-25-2021,PM 4:04

Today, Friday, the Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Salih, determined the rate of rise in the inflation rate in the country.

Saleh said, in statements to the official agency, that “the improvement in the value of the Iraqi dinar is related to the ability of the economy to grow if significant growth is achieved in the economy and not rentier growth,” noting that “expectations indicate Read more…

Parliamentary Finance: The current low exchange rate does not mean the return of the dollar to the old rate

Parliamentary Finance: The current low exchange rate does not mean the return of the dollar to the old rate

FRI, 06-25-2021,PM 4:50

Today, Friday, the Parliamentary Finance Committee considered that the low exchange rate of the dollar against the dinar does not mean its return to the previous rate.

Committee member Jamal Kougar said in a press statement, “The Parliamentary Finance Committee hosted last week the Governor of the Central Bank, Mustafa Ghaleb, and they discussed the steps that the bank promised to implement Read more…

Al-Kazemi’s advisor: The high oil price does not make the budget balanced except on conditions

Al-Kazemi’s advisor: The high oil price does not make the budget balanced except on conditions

2021-06-24 02:20

Shafaq News/ Adviser to the Prime Minister for Financial and Economic Affairs Mazhar Muhammad Salih confirmed on Thursday that the rise in the oil price does not make the budget balanced, except on conditions, indicating that the budget surplus prompted the government not to finance the deficit by borrowing.

Saleh said in an interview with Shafaq News Agency; “The high oil price does not make the budget balanced except on conditions, as the average Read more…

Al-Rafidain Bank clarifies about opening savings accounts and current accounts and increases their interest rate

Al-Rafidain Bank clarifies about opening savings accounts and current accounts and increases their interest rate

Thursday, June 24, 2021 | 09:51 AM

Rafidain Bank announced, on Thursday, raising the interests of savings accounts and its current account .

The bank said in a statement, “It was decided to increase the interest rate on deposits for a period of six months to become 4.5 percent, as well as to increase Read more…

The President of the High Commission for Human Rights denounces and denounces the decision of the US Department of Justice to close the number of Iraqi news websites

The President of the High Commission for Human Rights denounces and denounces the decision of the US Department of Justice to close the number of Iraqi news websites

2021-06-24

The head of the High Commission for Human Rights in Iraq, Dr. Aqil Al-Mansoori Al-Moussawi, denounced the decision of the US Department of Justice to close a number of Iraqi news websites broadcast on the Internet.

Al-Moussawi, in a press statement, denounced the mechanism of blocking these sites without stating the reasons, considering them a “blatant violation” of human rights and a violation of the content of what was stated Read more…

“To Preserve the Iraqi Political System” .. The Dawa Party mobilizes for a solidarity stand against Washington

“To Preserve the Iraqi Political System” .. The Dawa Party mobilizes for a solidarity stand against Washington

2021-06-23 06:10

Shafaq News/ The Iraqi Islamic Dawa Party considered, on Wednesday, the blocking of Iraqi satellite channels on the Internet by the United States as an attack and interference in the affairs of countries and a violation of their sovereignty, calling for a solidarity stand denouncing this intervention “to preserve the political system in Iraq.”

The party said in a statement received by Shafaq News Agency, “Blocking Iraqi satellite websites on the Internet by the United States of America is an attack and a blatant interference Read more…

Al-Fili: The surplus oil revenues cover the expected benefit from raising the price of the dollar

Al-Fili: The surplus oil revenues cover the expected benefit from raising the price of the dollar

Wednesday 23 June 2021 | 04:09 PM

On Wednesday, the representative of the National Nahj bloc, Mazen Al-Faili, demanded that the dollar exchange rate against the local currency be returned to what it was, stressing that the surplus achieved from oil revenues covers the expected surplus from raising the price of the dollar .

Al-Faili said in a statement, that the revenues from selling oil for the month of May amounted to six billion dollars, which is more than one billion and 700 million Read more…

Allawi: America is tired of Iraq and will reduce its interference in it and the region

Allawi: America is tired of Iraq and will reduce its interference in it and the region

Posted, 06/22/2021 22:15:41

The head of the National Coalition, Iyad Allawi, revealed that the US side announced its exhaustion in Iraq and that it would reduce its interference in the country and the region.

Allawi said; For the program “Al-Mastra” broadcast by Al-Furat satellite channel on Monday evening, he “met two ambassadors, one of whom is close to the United States of America, who confirmed that it is exhausted in Iraq and is not ready to Read more…

Warnings of the loss of Iraq’s money abroad and parliamentary calls to legislate a law to recover it

Warnings of the loss of Iraq’s money abroad and parliamentary calls to legislate a law to recover it

Monday, June 21, 2021 | 09:20 am

On Monday, members of the House of Representatives called for the enactment of a law to recover that money before the end of the current parliamentary session so that it does not go into the pockets of the corrupt .

A member of the Finance Committee, Ahmed Suleiman, said, “Iraq possesses frozen and smuggled sums in foreign banks estimated at about 500 billion dollars, which requires the executive authority Read more…

An American bank expects the price of a barrel of oil to rise to $100

An American bank expects the price of a barrel of oil to rise to $100

Monday, June 21, 2021 | 01:20 PM

The American investment bank “Bank of America” expected that the price of a barrel of “Brent” blend would rise to the level of $100 by 2022 .

Regarding the reasons that will lead to the growth of oil prices so quickly, the US bank referred to the delayed demand Read more…

Al-Buaiji calls on the government to reduce the price of the dollar to preserve the rest of the economy

Al-Buaiji calls on the government to reduce the price of the dollar to preserve the rest of the economy

Monday, June 21, 2021 | 11:34 am

Independent MP Mansour Al-Baiji called on the government and the competent authority to reduce the exchange rate of the dollar and return it to its old rate in order to preserve the rest of the economy of the country that was hit hard due to the high exchange rates of the dollar Read more…

Al-Kazemi’s advisor: The government has successfully passed the most difficult exam in the modern history of Iraq

Al-Kazemi’s advisor: The government has successfully passed the most difficult exam in the modern history of Iraq

06/20/2021 08:40:30

Adviser to the Prime Minister, Mazhar Muhammad Salih, stated that despite the severity of the economic and financial difficulties that afflicted the country, the government was able, within a year of its life, to manage the financial and economic file well, which in turn was reflected in the management of the health file in light of the pandemic. Corona.
Saleh said, in a press statement, “The country’s economic file during a year Read more…

Political analysis: America plans to take over Iraq and keep its forces inside it

Political analysis: America plans to take over Iraq and keep its forces inside it

Sunday 20 June 2021 | 09:17 AM

On Sunday, political analyst Saad Muhammad Al-Kaabi said that America is moving towards reducing its military losses in the region, and relying on controlling the political decision in Iraq, pointing out that Washington is seeking to thwart the strategic dialogue and keep its forces inside Iraq under the pretext Read more…

After the rise in oil prices, a parliamentarian reveals the additional financial revenue for Iraq annually

After the rise in oil prices, a parliamentarian reveals the additional financial revenue for Iraq annually

2021-06-20

The head of the Rafidain Parliamentary Bloc, Yonadam Kanna, confirmed today, Sunday, that the additional financial revenue for the state treasury annually, as a result of the high price of a barrel of oil globally, will reach 25 billion dollars, while he called on the government to take advantage of this surplus and reduce the dollar exchange rate to 125 thousand dinars per 100 dollars. .

Kanna said in a press interview, “The price of a barrel of oil in the budget Read more…

Parliamentary Planning: The government’s financial confusion will lead to the collapse of the currency

Parliamentary Planning: The government’s financial confusion will lead to the collapse of the currency

08:34 – 06/19/2021

Information/Baghdad.

The Strategic Planning and Follow-up Committee of the Governmental Program in the House of Representatives warned, on Saturday, of the consequences of continued government confusion in the financial and economic field, indicating that the local currency is threatened with collapse.

Deputy Chairman of the Committee, Muhammad Al-Baldawi, said in a statement to “Al-Maalouma” that “the current government and its Finance Minister Ali Allawi submitted a reform paper and dozens of reform items Read more…

Urgently America withdraws Patriot missiles from Iraq and Arab countries

Urgently America withdraws Patriot missiles from Iraq and Arab countries

Posted, 06/19/2021 23:21:09

The United States withdrew 8 Patriot batteries from Arab countries, including Iraq.

And the Wall Street Journal reported, citing US officials, that “the administration of President Joe Biden has decided to reduce the number of anti-missile systems Read more…

A legal expert clarifies the most important contradictions in a draft law on “recovering smuggled money”

A legal expert clarifies the most important contradictions in a draft law on “recovering smuggled money”

10:00 – 18/06/2021

Information / Baghdad
The legal expert, Ali Al-Tamimi, pointed out the most important contradictions in the law on recovering the proceeds of corruption aimed at recovering smuggled money at home and abroad, which was presented by the Presidency of the Republic.
Al-Tamimi told Al-Maalouma, “The draft law on recovering the proceeds of corruption presented by the Presidency of the Republic consists of 45 articles Read more…

Al-Kazemi’s advisor refers to a party that can control the price of the dollar

Al-Kazemi’s advisor refers to a party that can control the price of the dollar

2021-06-18 | 07:28

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Friday, that the monetary policy of the Central Bank is able to control the stability of the exchange rate.

Saleh said in a statement to the official agency, which was followed by Alsumaria News, that “the monetary policy of the Central Bank of Iraq and its sufficient foreign reserves has the ability to intervene Read more…

Al-Bayati: Parliament is required to reveal who is with the people and who is against them regarding the dollar issue

Al-Bayati: Parliament is required to reveal who is with the people and who is against them regarding the dollar issue

16:22 – 17/06/2021

information / special

The leader of the Al-Fateh Alliance, Muhammad Al-Bayati, was surprised, on Thursday, that some blocs cried over the citizen and were the ones who voted to raise the price of the dollar.

Al-Bayati said, in a statement to the “Information” agency, that “Parliament should hold a session and re-vote on the exchange rates and clarify the truth Read more…

Economist: Oil prices did not leave the government any excuse to continue raising the value of the dollar

Economist: Oil prices did not leave the government any excuse to continue raising the value of the dollar

08:34 – 17/06/2021

Information/Baghdad.

The economic expert, Ihsan Al-Kinani, confirmed, on Thursday, that the government no longer has a justification or pretext to continue raising the dollar exchange rate in the local markets, as the price of a barrel of oil reached 74 dollars, requiring it to end its siege on the people.

Al-Kinani said in a statement to “The Information”, that “Parliament must say its word to oblige the Ministry Read more…