IRAQI DINAR POLITICS & ECONOMY

Plasschaert: Iraq is at a crossroads … and you give “very necessary” advice to the region

Plasschaert: Iraq is at a crossroads … and you give “very necessary” advice to the region

05/19/2021 13:40:25

The Special Representative of the Secretary-General of the United Nations in Iraq, Jenin Henin Plasschaert, said: “Iraq stands at a crossroads,” calling for the Kurdistan region to unite within a federal Iraq.

“If you will allow me, I will speak frankly today, and the goal behind my comments is to be challenging and thought provoking at the same time so that we can make Read more…

Al-Fateh: There is no real intention for the Americans to withdraw from Iraq

Al-Fateh: There is no real intention for the Americans to withdraw from Iraq

2021-05-19

The deputy of the Al-Fateh Alliance Ayoub Al-Rubaie confirmed, on Wednesday, that there is no real intention and seriousness for the American exit from Iraq, despite the assurances of the strategic dialogue on this issue.

Al-Rubaie said in a press statement, “There are American assurances not to withdraw from Iraq, as this has been stated in more than one statement issued by Read more…

Representative economy: The Minister of Finance is still insisting on fighting citizens through the price of the dollar

Representative economy: The Minister of Finance is still insisting on fighting citizens through the price of the dollar

15:16 – 05/18/2021

Information / Special …

A member of the Parliamentary Economic and Investment Committee, Mazen Al-Faily, warned, on Tuesday, of the Ministry of Finance continuing its policy of restricting citizens and fighting them over their livelihoods, through the dollar exchange paper.

“The Minister of Finance, Ali Allawi, is still insisting on raising the price of the dollar Read more…

Parliamentary Finance: Al-Kazemi government is working to complete the 2022 budget before the elections

Parliamentary Finance: Al-Kazemi government is working to complete the 2022 budget before the elections

2021-05-18 02:11

Shafaq News / The Parliamentary Finance Committee announced today, Tuesday, that the Ministry of Finance has moved to prepare the draft general budget law for 2022, while noting that the government is working to complete the budget before the elections.

Committee member Jamal Cougar told Shafaq News Agency, “There is a move by the Ministry of Finance Read more…

Advisor Al-Kazemi: We are concerned about the stalled 2022 budget due to the elections

Advisor Al-Kazemi: We are concerned about the stalled 2022 budget due to the elections

Tuesday 18 May 2021 | 03:07 pm

On Tuesday (May 18, 2021), Mazhar Muhammad Salih, the financial advisor to the Prime Minister, Mustafa Al-Kazemi, expressed his concern about the stalled 2022 budget due to its coincidence with early elections, indicating that the conditions that the elections will pass and the formation of a new government are against next year’s budget .

Saleh said in a statement to the Iraqi News Agency, “The economic situation in general is reassuring, and there is no fear for it Read more…

Economist: Oil prices are on the way to rise and there is an opportunity to reduce the dollar

Economist: Oil prices are on the way to rise and there is an opportunity to reduce the dollar

08:32 – 17/05/2021

The information / Baghdad ..

The economist, Wissam Al-Tamimi, said on Monday that global oil prices will rise by a few dollars above the current current price, pointing out that some variables in the American economy in addition to the Palestinian events are all factors that will lead to an increase in global oil prices.

Al-Tamimi said in a statement to “Al-Maaloumah”, that “the government owns a surplus Read more…

The largest electrical plant in Iraq is preparing to enter service

The largest electrical plant in Iraq is preparing to enter service

Monday 17 May 2021 | 11:01 AM

Wasit Governorate announced, on Monday, the imminent completion of the maintenance of all generating units of Al-Zubaidiyah Thermal Power Station and bringing them into service at full design capacity of 2540 megawatts, which is one of the largest stations in the country .

Wasit Governor Muhammad Jamil Al-Mayahi said in a statement that “the technical and engineering staff Read more…

Kurdish parliamentarian: The region is procrastinating and will not deliver oil to Baghdad

Kurdish parliamentarian: The region is procrastinating and will not deliver oil to Baghdad

19:22 – 05/16/2021

The information / Sulaymaniyah …

The deputy in parliament and head of the Kurdish Future bloc, Sarkut Shamsuddin, confirmed, on Sunday, that the Kurdistan Regional Government will not deliver the oil to Baghdad.

Shams al-Din said in an interview with / information / that “the regional government is stalling in order to gain time and we will enter the second half of the fiscal year, and therefore Read more…

Parliamentary Finance talks about the continuation of the current exchange rate of the dollar for the next four years

Parliamentary Finance talks about the continuation of the current exchange rate of the dollar for the next four years

16:20 – 16/05/2021

Information / Special …

On Sunday, the Parliamentary Finance Committee described setting up a schedule of the dollar’s ​​exchange rate as it is now for four years as “illogical”.

A member of the committee, MP Muhammad al-Shabaki, said in a statement, to Al-Maalouma Agency, that “setting up a four-year schedule to restore the dollar’s ​​exchange rates to normal is illogical and contains many inaccuracies, Read more…

Al-Rafidain announces the opening of its branches on weekdays and holidays to disburse these dues

Al-Rafidain announces the opening of its branches on weekdays and holidays to disburse these dues

05/16/2021 09:12:32

Al-Rafidain Bank announced, on Sunday, that its branches will be open all days of the week and holidays to pay dues to private outlets and receive the sums of petroleum products.
A statement of the bank’s media office stated Read more…

Parliamentary Security reveals the intention of Iraq to contract to purchase a modern air defense system

Parliamentary Security reveals the intention of Iraq to contract to purchase a modern air defense system

05/16/2021 14:12:34

The Parliamentary Security and Defense Committee revealed that the government is seeking to equip a modern air defense system.

A member of the Parliamentary Security and Defense Committee, Ziyad al-Janabi, said in a statement to the Euphrates News Agency that “the Ministry of Defense has a number of military contracts Read more…

Because the budget was not sent … a technical delegation from the region visits Baghdad after the Eid holiday

Because the budget was not sent … a technical delegation from the region visits Baghdad after the Eid holiday

05/15/2021 14:51:03

The Parliamentary Finance Committee confirmed today, Saturday, that the federal government did not send the Kurdistan Region’s share of the budget due to a technical problem. It is likely that the Kurdistan Regional Government will send a technical delegation to Baghdad to agree on several issues.

Representative Shirwan Mirza, a member of the Parliamentary Finance Committee, said in a press statement Read more…

Parliamentary Finance: $ 15 a barrel of oil surplus from the price determined by the budget law

Parliamentary Finance: $ 15 a barrel of oil surplus from the price determined by the budget law

2021-05-15 07:48

Shafaq News / The Parliamentary Finance Committee revealed, on Saturday, that there is a surplus in the price of a barrel of oil calculated in the General Budget Law for the current year.

Committee member Jamal Cougar told Shafaq News; “Oil prices are close to $ 65 per barrel, but the price calculated in the budget law Read more…

Iraq surpasses Saudi Arabia with oil exports to America

Iraq surpasses Saudi Arabia with oil exports to America

05/15/2021 12:43:19

The US Energy Information Administration announced, on Saturday, that Iraqi oil exports to the United States have risen to 235 thousand barrels per day, surpassing Saudi Arabia during the past week.

“The average US imports of crude oil during the past week from nine countries Read more…

Parliamentary Finance: The continuing repercussions of the dollar price increase will accelerate the flaming street

Parliamentary Finance: The continuing repercussions of the dollar price increase will accelerate the flaming street

11:29 – 14/05/2021

The information / Baghdad ..

A member of the Parliamentary Finance Committee, Thamer Theban, confirmed, Friday, that the continuing repercussions of raising the price of the dollar will make the Iraqi street fiery, describing it as a floundering policy.

Theban said in a statement to “the information”, “The Central Bank’s flawed policy regarding raising the sale of the dollar, I consider it a crime against our people, Read more…

Al-Rafidain announces an increase in the fixed deposit interest rate for depositors of their money

Al-Rafidain announces an increase in the fixed deposit interest rate for depositors of their money

05/14/2021 08:03:18

Al-Rafidain Bank decided to increase the interest rate on fixed deposits for citizens who deposit their money in the bank.

The bank’s media office said in a statement, which Al Furat News received a copy of, that “it was decided to increase the interest rate on deposits for a period of six Read more…

Al-Kazemi officially announces his candidacy for early parliamentary elections

Al-Kazemi officially announces his candidacy for early parliamentary elections

2021-05-14

Prime Minister Mustafa Al-Kazemi, Thursday, delivered a televised speech on the occasion of the blessed Eid Al-Fitr, during which he talked about what his government had accomplished since its formation, revealing that he was not running for early elections.

Al-Kazemi said that the government fulfilled its pledge Read more…

Report: The United States fears the emergence of Russian fighters in Iraq instead of the F-16

Report: The United States fears the emergence of Russian fighters in Iraq instead of the F-16

05/13/2021 14:25:04

The American Military Watch magazine said that Russian fighters may appear in Iraq.

The publication’s authors write that Iraq today can only count on a squadron of F-16IQ light fighters, which are used with South Korean T-50 training aircraft and a small number of Russian Su-25s.

F-16IQ fighters were delivered to Iraq between 2014 and 2017, as the newspaper writes, political pressure from Read more…

Saudi companies prepare to launch giant investments soon in Iraq

Saudi companies prepare to launch giant investments soon in Iraq

05/13/2021 12:03:38

Saudi businessmen revealed that Saudi companies are close to launching giant investments soon in Iraq in the fields of manufacturing industries, noting that there are promising opportunities for Saudi products of building materials and food in the Iraqi market.

The businessmen explained in a press statement that “some Saudi companies Read more…

The US embassy in Baghdad, on behalf of Biden and Blinken, launches a package of pledges to the Iraqis

The US embassy in Baghdad, on behalf of Biden and Blinken, launches a package of pledges to the Iraqis

Thursday 13 May 2021 | 11:15 a.m.

On Thursday, on behalf of the President of the United States (Joe Biden), Secretary of State (Anthony Blinken), Ambassador (Tueller) and the American people, the US Embassy congratulated the Iraqis on behalf of Eid al-Fitr .

The embassy said in a statement, “We in the United States mission in Iraq are aware that Iraq faces a number of difficult challenges, Read more…