IRAQI DINAR POLITICS & ECONOMY

Parliamentary Finance shows the impact of the increase in oil prices on the Iraqi economy

Parliamentary Finance shows the impact of the increase in oil prices on the Iraqi economy

2021-05-25

Today, Tuesday, a member of the Parliamentary Finance Committee, Jamal Cougar, pointed out to the most prominent doors that the financial surplus can be directed to from the global price difference of a barrel of oil.

Cougar said in a press interview that “global oil prices at this stage are very normal compared to the price in the federal budget, and it is not possible to talk about the existence of a surplus Read more…

Parliamentary integrity: The Corruption Funds Import Law will include the opening of pre-2003 files

Parliamentary integrity: The Corruption Funds Import Law will include the opening of pre-2003 files

2021-05-25

A member of the Parliamentary Integrity Committee, Jamal Shakour, revealed, on Tuesday, the details of the law on importing money smuggled abroad, indicating that corruption files before 2003 will be opened.

Shakour said in a press statement that “the draft law does not specify an amount for money smuggled from the proceeds of corruption, and the sums are large, Read more…

The House of Representatives reopens the issue of raising the price of the dollar

The House of Representatives reopens the issue of raising the price of the dollar

14:13 – 05/24/2021

The information / Baghdad ..
Member of the Patriotic Union of Kurdistan, Hussain Narmo, revealed, on Monday, that the House of Representatives resumed raising the issue of raising the price of the dollar during the questioning of Finance Minister Ali Allawi.
Nermo said in a statement to / the information / that “the House of Representatives set a date for Monday next week Read more…

Iraq .. Talk of postponing the elections and announcing an emergency government

Iraq .. Talk of postponing the elections and announcing an emergency government

2021-05-23 22:54

Shafaq News / The Wisdom Movement, led by Ammar al-Hakim, commented on Monday, that there are intentions to postpone early parliamentary elections and move towards declaring an emergency government during the next stage.

A leader in the movement, Rahim al-Aboudi, told Shafaq News that “there are political parties that fear the elections, because their fortunes have ended, Read more…

Member of Parliamentary Finance: Parliament intends to question five ministers

Member of Parliamentary Finance: Parliament intends to question five ministers

05/24/2021 11:57:52

A member of the Parliamentary Finance Committee said that the House of Representatives intends to question five ministers.

In a press statement, Jamal Cougar said, “Five ministers are scheduled to be questioned during the upcoming parliamentary sessions, according to the words of Parliament Speaker Muhammad al-Halbousi,” explaining that “the ministers are electricity, finance, agriculture, industry, planning or higher education.”
He pointed out that “among the axes of the questioning of the Minister of Finance under the dome of Parliament is what is related to the Central Bank of Iraq, as well as the exchange rate of the dollar against the dinar, as well as Read more…

“Because of the dollar” … a continuous rise in the prices of construction materials in Iraq

“Because of the dollar” … a continuous rise in the prices of construction materials in Iraq

Monday 24 May 2021 | 02:51 PM

The Iraqi Ministry of Planning announced, on Monday, the high prices of construction materials in the local markets, attributing this to “the high exchange rate of the US dollar against the dinar .”

The Ministry’s Central Bureau of Statistics said in a report, that “the rise in the exchange rate of the dollar in the local markets led to an increase Read more…

New lies …. Electricity reveals when to increase the supply of electric energy

New lies …. Electricity reveals when to increase the supply of electric energy

2021-05-24

Today, Monday, the Ministry of Electricity revealed its own plan to increase the hours of supplying electric power, while setting a date to start its launch.

The ministry’s spokesperson, Ahmed Moussa, said in a statement that “during the visit of Minister of Electricity Majid Hantoush to Iran, all related matters were discussed regarding the release of financial dues for gas payments,” indicating that “a set of proposals were submitted Read more…

Representative Law: The government authorized Al-Kazemi to challenge 10 articles in the budget

Representative Law: The government authorized Al-Kazemi to challenge 10 articles in the budget

12:22 – 23/05/2021

The information / Baghdad ..
The Parliamentary Legal Committee confirmed, on Sunday, that the government has the right to appeal the new articles in the budget by Parliament, which include sums of money that the government cannot provide, pointing out that the Council of Ministers authorized Al-Kazemi to submit the appeal with 10 new articles. It is noteworthy that the constitution grants Read more…

Deputy: The upcoming parliamentary sessions will include voting on important laws

Deputy: The upcoming parliamentary sessions will include voting on important laws

05/23/2021 12:35:26

The representative of the Sairun Alliance, Salam Al-Shammari, revealed, on Sunday, that the upcoming sessions of the House of Representatives will include voting on important laws.
Al-Shammari said in a statement that Al-Furat News Agency received a copy of, that “the upcoming parliamentary sessions will witness a vote on important laws in order to leave positive imprints for the work of the current parliament,” stressing Read more…

Barham Salih: We have lost a thousand billion dollars since the fall of Saddam Hussein’s regime

Barham Salih: We have lost a thousand billion dollars since the fall of Saddam Hussein’s regime

2021-05-23

Iraqi President Barham Salih revealed today, Sunday, that his country has lost a thousand billion dollars since the fall of Saddam Hussein’s regime in 2003 due to “rampant financial and administrative corruption in state institutions.”

In a speech on corruption in Iraq, he said, “The law on recovering the proceeds of corruption includes Read more…

Only 50 dinars … Telecom announces a “landline” and the Internet in Baghdad

Only 50 dinars … Telecom announces a “landline” and the Internet in Baghdad

2021.05.22 – 09:07

Baghdad – People

The Ministry of Communications announced, on Saturday, the provision of high-speed internet lines with voice communication, by subscribing to the FTTH (government) optical cable project.

In a statement to the official newspaper, followed by Nass (May 22, 2021), the media and relations officer at the Ministry’s Public Communications and Informatics Company, Enas Chalabi, stated that “the company has already started selling internet lines Read more…

Four important characteristics of oil: Learn about the importance of Iraqi crude

Four important characteristics of oil: Learn about the importance of Iraqi crude

2021-05-22 02:13

Shafaq News / Oil is a natural resource extracted from the earth and takes the form of many and varied ores, and it has quality standards that make raw materials more expensive than others.

The quality of any crude oil is measured through two main criteria: the density and the percentage of sulfur in the crude.

Density and percentage of sulfur Read more…

A Kurdish bloc reveals a preliminary agreement that expedites the settlement of the Iraqi oil and gas law

A Kurdish bloc reveals a preliminary agreement that expedites the settlement of the Iraqi oil and gas law

2021-05-22 04:07

Shafaq News / The Kurdistan Democratic Party Parliamentary Bloc revealed, on Saturday, a preliminary agreement by the political forces to settle the oil and gas law in Parliament, before the end of its session.

The representative of the bloc, Diyar Barwari, told Shafaq News, that “the oil and gas law is one of the important laws in the House of Representatives, and there was a serious intention Read more…

Iraq’s oil exports to America drop to 199 thousand barrels

Iraq’s oil exports to America drop to 199 thousand barrels

Saturday 22 May 2021 | 09:35

The US Energy Information Administration announced, on Saturday, that Iraqi oil exports to America decreased to 199 thousand barrels during the past week .

The administration said in a report that “the average US imports of crude oil during the past week from eight countries amounted to Read more…

Influential forces disrupt parliamentary sessions to prevent the lifting of the immunity of some deputies

Influential forces disrupt parliamentary sessions to prevent the lifting of the immunity of some deputies

2021-05-21 01:18

Shafaq News / Influential political forces are working to suspend the parliament sessions to be held during the coming days, in order to prevent the parliament from taking a number of decisions, the most prominent of which is lifting the immunity of some MPs.

The Iraqi parliament intends to lift the immunity of 20 deputies with the start of its sessions during the next few days, Read more…

Al-Kazemi announces the agreement with an American commander on the withdrawal of the international coalition from Iraq

Al-Kazemi announces the agreement with an American commander on the withdrawal of the international coalition from Iraq

17:33 – 20/05/2021

The information / Baghdad ..

Prime Minister Mustafa Al-Kazemi and the Commander of the US Central Command, General Kenneth McKinsey, agreed Thursday to develop mechanisms to implement the outcomes of the third round of the strategic dialogue between Iraq and the United States, and to proceed with the withdrawal of the combat forces Read more…

Study of 20 sites for establishing nuclear reactors in Iraq

Study of 20 sites for establishing nuclear reactors in Iraq

05/20/2021 08:57:09

The head of the Iraqi Authority for Controlling Radioactive Materials, Kamal Hussein Latif, announced on Thursday that the National Committee for Nuclear Reactors is studying 20 candidate sites for establishing nuclear reactors in Iraq.

Latif said, in a press statement, that “20 primary sites have been identified so far, and then globally approved scientific projection methods will be used to reduce Read more…

“To prevent fraud” … the parliamentary governorates call for a session to amend the election law

“To prevent fraud” … the parliamentary governorates call for a session to amend the election law

05/20/2021 15:56:14

The head of the Parliament’s Regions and Governorates Committee, Sherwan Al-Dobardani, called today, Thursday, to the necessity of holding a session of Parliament to conduct an amendment to the early parliamentary elections law, and to rely on biometric cards in the upcoming elections in order to “prevent the falsification of results.”

In a statement, Read more…

Joint Operations of Al Furat News: The departure of the American company from the Balad base greatly affected the maintenance and equipping of the F-16

Joint Operations of Al Furat News: The departure of the American company from the Balad base greatly affected the maintenance and equipping of the F-16

05/20/2021 11:18:21

The Joint Operations Command confirmed that the supply and maintenance of Iraqi F-16 fighter aircraft were affected, after the maintenance crews of the American manufacturer {Lockheed Martin} had left the Balad Air Base, south of Salah al-Din Governorate.

The spokesman for the joint operations, Major General Tahsin Al-Khafaji, told {Al-Furat News} that “the preparation and maintenance of the aircraft has been greatly Read more…

Iraq is down 32 places in the list of the richest countries in the world

Iraq is down 32 places in the list of the richest countries in the world

2021-05-19 00:42

Shafaq News / “Global Finance” magazine, specialized in classifying countries in the world, revealed that Iraq ranked 115th in the list of the richest countries in the world for the year 2021, retreating 32 places from 2020.

According to the statistic published by the magazine, and seen by Shafaq News Agency, “Iraq ranked 115 out of 194 countries listed in the table in terms of per capita gross domestic product according to purchasing power parity, Read more…