IRAQI DINAR POLITICS & ECONOMY

World Bank: Baghdad has not requested a loan yet and they are ready to support

World Bank: Baghdad has not requested a loan yet and they are ready to support

06/09/2021 08:33:10

The World Bank confirmed its readiness to respond to any request submitted by the Iraqi government regarding loans, although it “has not requested a loan yet.”
And the representative of the Bank in Baghdad, Ramzi Noman, said in a press statement, “Iraq has drawn up a policy to improve the country’s economic reality by adhering to the reform white paper, but it is still facing Read more…

The collapse and confusion of markets after the rise of the dollar

The collapse and confusion of markets after the rise of the dollar

Posted, 2021-06-09

The markets witnessed a new rise in the exchange rate of the dollar against the dinar, as the value of one dollar reached 1500 Iraqi dinars, with a clear difference from the rate set by the Central Bank, which is 1450 dinars to the dollar. The competent authorities have not yet provided any explanations for this rise, but experts and specialists attribute this to speculation within the market, which is carried out by traders, businessmen and private banks. days due to the economic Read more…

Victory: The rise in the price of oil must be offset by the decline in the price of the dollar

Victory: The rise in the price of oil must be offset by the decline in the price of the dollar

15:03 – 08/06/2021

information/special

The victory bloc confirmed, on Tuesday, that the process of manipulating price bills on all products and smuggling currency abroad was a major reason for the rise in the dollar exchange rate.

Member of the bloc, Taha Al-Dafia, said in a statement to / the information / that “the rise in the price of the dollar directly Read more…

Parliamentary Integrity: Allawi rebelled against the legislative authority

Parliamentary Integrity: Allawi rebelled against the legislative authority

2021-06-08 01:52

Shafaq News/ On Tuesday, the Parliamentary Integrity Committee threatened Finance Minister Abdul Amir Allawi not to attend the interrogation session in Parliament in rebellion against the legislative authority, while accusing some political blocs of disrupting the sessions.

Member of the Committee, Representative Alia Nassif, told Shafak News Agency, “Finance Minister Abdul Amir Allawi threatened Read more…

Al-Kazemi: The people were let down by the corrupt, and we put in place the first plan for economic reform in the history of Iraq

Al-Kazemi: The people were let down by the corrupt, and we put in place the first plan for economic reform in the history of Iraq

06/08/2021 15:31:33

Prime Minister Mustafa Al-Kazemi stressed, on Tuesday, that the people had failed the corrupt, pointing out that we had put in place the first plan for economic reform in the history of Iraq.

Al-Kazemi said in a speech during the cabinet session, that “the government, despite the heavy legacy and great challenges, has taken important steps on the path Read more…

Parliamentary Committee: The Oil and Gas Law is clinically dead and awaiting revival between Baghdad and Erbil

Parliamentary Committee: The Oil and Gas Law is clinically dead and awaiting revival between Baghdad and Erbil

2021-06-07 05:51

Shafaq News/ The Parliamentary Oil and Energy Committee confirmed, on Monday, that the oil and gas law is one of the important laws and difficult to pass in Parliament, while indicating that the law is clinically dead and will not see the vote.

Committee member Ghaleb Muhammad told Shafaq News Agency, “The oil and gas law is one of the important laws in the House of Representatives and has been Read more…

Revealing the new Internet packages in Iraq and their prices

Revealing the new Internet packages in Iraq and their prices

06/07/2021 13:28:23

The Ministry of Communications revealed the new supported Internet packages.

The communications said that “there are prices for Internet packages, which are (bronze) will be 35,000 dinars, (silver) Read more…

Economist: The telecommunications sector can finance the budget by 4 trillion per month

Economist: The telecommunications sector can finance the budget by 4 trillion per month

Monday 7 June 2021 | 09:13 am

Economic expert Wissam Al-Tamimi clarified, on Monday, that the government is far from the telecommunications sector, and did not invest it for its own benefit, pointing out that this sector will spare the country from oil imports and can supplement the budget with a maximum of four trillion dinars per month .

Al-Tamimi said, “Recent statistics indicated Read more…

Erbil will send two “important” files to Baghdad this week

Erbil will send two “important” files to Baghdad this week

15:38 – 06/06/2021

Information / Baghdad.

The spokesman for the Kurdistan Regional Government, Jutiar Adel, announced, on Sunday, that the region will send two files to Baghdad, expressing his hope that Baghdad will send the financial dues to the region.

Adel said in a press conference, that “two important files will be sent this week Read more…

After more than 30 years… Lifting international sanctions on Iraqi tankers

After more than 30 years… Lifting international sanctions on Iraqi tankers

06-06-2021 01:28 PM

The Ministry of Transport announced, on Sunday, the raising of the Iraqi flag over the Iraqi tankers Al-Qurna and Al-Asma’i, after lifting the sanctions imposed on Iraq in the nineties of the last century on all marine tankers. The
Minister of Transport, Nasser Al-Shibli, during a press conference held in the ports of Umm Qasr, that long discussions took place to achieve ways Compliance Read more…

The world’s possession of gold has increased, and Iraq has not increased its reserves since September 2020

The world’s possession of gold has increased, and Iraq has not increased its reserves since September 2020

2021-06-06 00:06

Shafaq News/ The World Gold Council announced, on Sunday, a rise in world gold reserves, indicating that Iraq has not increased its gold reserves since September 2020.

The council said in its latest schedule in June of 2021, which was seen by Shafak News Agency; Iraq has increased its reserves of the yellow metal to Read more…

General Electric: 3 essentials that Iraq needs to advance the electricity reality

General Electric: 3 essentials that Iraq needs to advance the electricity reality

06/06/2021 10:56:04

The American General Electric Energy Company has identified 3 basics that Iraq needs to advance the reality of electric energy during the next stage.

And the CEO of the company in Iraq, Rashid Al-Janabi, said in a statement that Al-Furat News received a copy of it, that “Iraq is currently facing a major challenge in energy resources, but there are many qualified solutions to address this shortage, and (General Electric) has innovative and reliable Read more…

Iraq sold more than 5 million barrels of oil to America last month

Iraq sold more than 5 million barrels of oil to America last month

Sunday 6 June 2021 | 12:06 pm

On Sunday, the US Energy Information Administration announced that Iraq’s oil exports to America exceeded 5 million barrels during the month of May .

The administration said in its schedule, that “Iraq Read more…

Economist: Al-Kazemi is the most dangerous figure on Iraq’s money, and his survival is expensive

Economist: Al-Kazemi is the most dangerous figure on Iraq’s money, and his survival is expensive

16:43 – 05/06/2021

information / special

The economic expert, Ali Al-Afandi, stressed, on Saturday, the danger of the Al-Kazemi government’s continuation to Iraq, specifically the fate of its financial security.

Al-Afandi said, in a statement to the “Information” agency, that “the government’s insistence on the return of terrorist families Read more…

Al-Rafidain: Cancellation of the identification witness for citizens wishing to open accounts to deposit their money

Al-Rafidain: Cancellation of the identification witness for citizens wishing to open accounts to deposit their money

06/05/2021 10:13:34

Rafidain Bank decided, on Saturday, to cancel the identification witness for citizens wishing to open accounts to deposit their money in the bank.
The media office of the bank stated in a statement that {Al-Furat News} received a copy of it, that “Al-Rafidain issued new instructions to facilitate procedures for citizens wishing to open saving and current accounts to deposit their money Read more…

Parliamentary Economy: The street will explode in the face of the government if the dollar continues to rise

Parliamentary Economy: The street will explode in the face of the government if the dollar continues to rise

Saturday 5 June 2021 | 09:23 AM

The Parliamentary Committee on Economy and Investment warned of the explosion of the street in the face of the government of Prime Minister Mustafa Al-Kazemi in the event that the dollar price continues to rise, noting that the Iraqi market has been witnessing great confusion for days Read more…

Disclosure of new details about the attack on sensitive US sites in Iraq

Disclosure of new details about the attack on sensitive US sites in Iraq

2021-06-05

The New York Times confirmed that the United States is increasingly concerned about the escalation of attacks by small drones on its sites in Iraq.

The newspaper quoted US officials as saying that “armed groups opposed to Washington launched at least three attacks during the past two months with booby-trapped planes under the cover of the night on military bases Read more…

How will the 2022 budget be .. The Prime Minister’s financial advisor answers?

How will the 2022 budget be .. The Prime Minister’s financial advisor answers?

06-04-2021 09:54 AM

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, expected today, Thursday, that the federal general budget for the fiscal year 2022 will be different from the current year’s budget by two paragraphs.
Saleh said, “The draft federal general budget for 2022, in my opinion, will differ slightly from the budget for the current year Read more…

Al-Kazemi: Some are trying to (demonize) the prime minister

Al-Kazemi: Some are trying to (demonize) the prime minister

2021-06-04 05:22

Shafaq News/ Prime Minister Mustafa Al-Kazemi renewed his pledge to hold “fair and fair” elections on the tenth of October in Iraq, and at the same time confirmed that he would not run in that process and would not support any alliance.

Al-Kazemi came in an interview with a number Read more…

Al-Rafidain: Increasing the interest rate on deposits

Al-Rafidain: Increasing the interest rate on deposits

06/04/2021 09:15:17

Rafidain Bank announced that it will continue to open savings and current accounts for citizens to deposit their money in the bank instead of hoarding it in homes and obtaining rewarding financial returns.

The media office of the bank said in a statement that {Euphrates News} received a copy of it that it was decided to increase the interest rate on deposits Read more…