IRAQI DINAR POLITICS & ECONOMY

The President of the Republic approves the 2021 budget and returns it to the government to implement it, starting tomorrow

The President of the Republic approves the 2021 budget and returns it to the government to implement it, starting tomorrow

4/7/2021 15:54

[Baghdad-Where]
An informed political source said, on Wednesday, that the Presidency of the Republic had approved the budget law and returned it to the government to work on it.
The source said that the President of the Republic, Barham Salih, approved the federal budget for the year 2021, and it was sent to the Ministry of Finance Read more…

Al-Kazemi’s advisor confirms the signing of an agreement with China: oil in exchange for reconstruction

Al-Kazemi’s advisor confirms the signing of an agreement with China: oil in exchange for reconstruction

2021.04.06 – 17:23

Baghdad

The Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, revealed the details of the cooperation framework agreement signed between Iraq and China, while noting that the agreement had entered into force.

Saleh said in a statement to the official agency, Read more…

Alliance of Forces: a parliamentary move to amend the budget by lowering the price of the dollar

Alliance of Forces: a parliamentary move to amend the budget by lowering the price of the dollar

17:47 – 04/06/2021

Information / Special …

The Alliance of Forces announced, on Tuesday, a parliamentary movement and went to hold a special session to conduct an amendment to the budget by lowering the price of the dollar in the coming days.

The deputy of the Forces Alliance, Mirza Hammadi, told “the information” that “the increase in the price of the dollar has greatly harmed the Iraqi citizen, and his features are on the citizen.”

He added Read more…

Urgently The House of Representatives refers the General Budget Law to the Presidency of the Republic

Urgently The House of Representatives refers the General Budget Law to the Presidency of the Republic

04/06/2021 17:07:01

The House of Representatives referred, today, Tuesday, the draft general budget bill for the fiscal year 2021 to the Presidency of the Republic.

The second deputy speaker, Bashir Al-Haddad, said in a press statement that the House of Representatives referred today the 2021 Budget Law Read more…

A parliamentary bloc clarifies what happened at the Al-Kazemi meeting regarding raising the dollar

A parliamentary bloc clarifies what happened at the Al-Kazemi meeting regarding raising the dollar

04/05/2021 16:59:31

The National Approach bloc clarified, on Monday, its position on the meeting of Prime Minister Mustafa Al-Kazemi with the political blocs held in December 2020 regarding the exchange rate of the dollar.

The bloc’s statement read, “The Euphrates News” received a copy of it, “We heard speeches by some officials and politicians about the blocs’ position on the issue of the dollar exchange rate and how some of them are asserted without evidence Read more…

Before Wednesday’s tour, he revealed important details about the Iraqi-American dialogue

Before Wednesday’s tour, he revealed important details about the Iraqi-American dialogue

04/05/2021 09:13:27

The head of the Kurdistan Region delegation in the Iraqi negotiating team in the strategic dialogue with the United States, which is scheduled to hold a new round next Wednesday, said that the Iraqi delegation, including the representatives of the region, did not demand in previous rounds during the era of former US President Donald Trump By removing the American forces from Iraq, but rather assessing Read more…

Less than a week after its approval .. Disclosure of a parliamentary move to amend the Budget Law

Less than a week after its approval .. Disclosure of a parliamentary move to amend the Budget Law

Monday, April 5, 2021 | 12:40 PM

On Monday, the State of Law bloc revealed a parliamentary move to amend the General Budget Law for the year 2021, while noting that the law did not include the allowances for free lecturers and whose contracts were canceled in the Ministries of Interior and Defense .

Lawyer Ali Al-Ghanmi said: “There is a move by members of Parliament to amend Read more…

Iraq and assumptions of the full float of its currency 2021

Iraq and assumptions of the full float of its currency 2021

4-5-2021

The decision to reduce the value of the Iraqi dinar by the end of 2020 has raised some concerns that this decline in value is a prelude to floating the entire local currency.

And the Central Bank of Iraq, last December, reduced the exchange rate of the local currency (dinar) against the dollar by 24 percent, with the aim of better management Read more…

Parliamentary Finance: The budget will be applied and implemented retroactively for the past months

Parliamentary Finance: The budget will be applied and implemented retroactively for the past months

Sunday 4 April 2021 | 09:33 am

A member of the Parliamentary Finance Committee, Muhammad al-Shabki, indicated that the budget will be applied and implemented retroactively for the past months that were not enacted, pointing out that the budget must be effective from the first of last January .

Al-Shibki said, “The federal budget for 2021 is supposed to be published Read more…

Vice shows the possibility of paying salaries in dollars

Vice shows the possibility of paying salaries in dollars

Sunday 4 April 2021 | 02:44 PM

The representative of the Al-Fateh Alliance, Ahmed Al-Kinani, confirmed, on Sunday, that the proposal to pay employees’ salaries in dollars cannot be implemented at the present time for several reasons, indicating that the appeal of the dollar price will be rejected if it is submitted because Read more…

Iraq’s oil exports to America exceed 3 million barrels within a month

Iraq’s oil exports to America exceed 3 million barrels within a month

Sunday 4 April 2021 | 10:13 a.m.

On Sunday, the US Energy Information Administration announced that Iraq’s crude oil exports to America exceeded 3 million barrels during the month of March .

The administration said, according to a schedule, that “Iraq exported crude oil to America during the past month Read more…

Foreign Minister: We are working to recover the funds frozen in Switzerland .. Kasis: We support the reforms of Iraq

Foreign Minister: We are working to recover the funds frozen in Switzerland .. Kasis: We support the reforms of Iraq

04/03/2021 18:30:01

Foreign Minister Fouad Hussein discussed today, Saturday, with his Swiss counterpart Ignazio Cassis to support reforms in Iraq and recover the frozen funds in Switzerland.

Hussein said in a joint press conference with his Swiss counterpart Ignazio Cassis, that “the visit of the Swiss foreign minister to Baghdad is the first of its kind,” noting that “during the meeting we discussed bilateral relations and inviting Swiss Read more…

Parliamentary committee demanding the distribution of salaries of employees in dollars

Parliamentary committee demanding the distribution of salaries of employees in dollars

04/03/2021 12:23:47

{Baghdad: Al Furat News} The head of the Human Rights Committee, Ershad Al-Salhi, called on the government to distribute the salaries of employees for the next three months in dollars, after the Iraqi Ministry of Oil announced the amount of its oil exports for the month of March.

Al-Salihi said in a statement that the Euphrates News Agency received a copy of it that, “Iraq’s revenues, according to the Ministry of Oil’s statement, Read more…

Al-Haddad announces the date of sending the 2021 budget to the President of the Republic

Al-Haddad announces the date of sending the 2021 budget to the President of the Republic

04/03/2021 16:29:30

The Vice President of Parliament, Bashir Al-Haddad, announced on Saturday the date for sending the draft federal budget law for the fiscal year 2021 to the President of the Republic for approval.

Al-Haddad said in a statement that Al-Furat News received a copy of it, that “after the House of Representatives voted on the budget law, the draft law was transferred to the relevant department for review Read more…

Al-Faily talks about one of the additives to the budget in the last hours!

Al-Faily talks about one of the additives to the budget in the last hours!

Saturday 3 April 2021 | 01:21 PM

Today, Saturday, MP for the National Approach bloc, Mazen Al-Faily, revealed one of the materials added to the budget in the last hours.

Al-Faili said in a press statement that the budget included a new article that was added in the last hours before parliament voted on the 2021 budget, which is: “The governors and the head of the Reconstruction Fund for Liberated Cities Read more…

After 15 years … Deputy: The people did not vote on Article 140, and I will contest it!

After 15 years … Deputy: The people did not vote on Article 140, and I will contest it!

2021-04-02

A member of the Parliamentary Legal Committee, Alia Nassif, revealed a heavy surprise regarding Article 140 of the Constitution concerning the disputed areas, confirming that after the vote the constitution was added and she will appeal it to the Federal Court.

Nassif said in an interview that “Article 140 was added with several other articles Read more…

Legal reveals a parliamentary circumvention on an article in the budget

Legal reveals a parliamentary circumvention on an article in the budget

2021-04-02

Today, Friday, the legal expert, Tariq Harb, revealed a parliamentary circumvention of the demands of the Iraqi people and the reference in relation to Article Twenty, which was deleted in the session for voting on the budget.

Harb said in a press interview that “Article twenty, which was deleted in the session of the vote on the budget, included tax deduction from the salaries of employees and retirees, as a public demand Read more…

The first government comment on approving the budget .. This is what will happen in the coming days

The first government comment on approving the budget .. This is what will happen in the coming days

04/01/2021 09:55:40

The financial advisor to the prime minister, Mazhar Muhammad Salih, said that there are projects that will be implemented in the coming days that were pending the approval of the 2021 budget law.

Saleh told {Al-Furat News} that “government expenditures constitute 50% for the operation of manpower and its effects for the operation Read more…

Economist: Influential politicians use the currency auction to smuggle money to ISIS

Economist: Influential politicians use the currency auction to smuggle money to ISIS

04/01/2021 16:26:20

The economic expert, Abdul Rahman Al-Sheikhly, revealed that there are influential people exploiting the currency auction to smuggle money into the terrorist ISIS.

Al-Sheikhli stressed that the Iraqi Central Bank and the Ministry of Finance are constitutionally subject to the oversight of the House of Representatives.
“Some influential politicians are taking advantage of the window of currency sale Read more…

Al-Fateh Alliance reveals the most important paragraphs that it achieved in the budget

Al-Fateh Alliance reveals the most important paragraphs that it achieved in the budget

2021-04-01

The Al-Fateh Alliance announced today, Thursday, its position on voting on the budget for this year and passing it inside Parliament after reaching consensus with other blocs.

The coalition said in a statement that the Al-Fateh Alliance decided to enter the parliament session to contribute to adding paragraphs that serve the citizen, maintain Read more…