IRAQI DINAR POLITICS & ECONOMY

Kurdish leader: There is no guarantee that the region will adhere to the budget law

Kurdish leader: There is no guarantee that the region will adhere to the budget law

2021-04-01

The leader of the New Generation Movement, Salah Daoud, confirmed, Thursday, that there is a fear that the Kurdistan Regional Government will not abide by the provisions of the budget law, indicating that there is no guarantor of the region’s commitment to the budget law.

Dawood said in a press statement that “in 2019 a similar agreement happened, but Read more…

Al-Sadr calls Al-Halbousi and Al-Kaabi, urging them to issue an order on the budget

Al-Sadr calls Al-Halbousi and Al-Kaabi, urging them to issue an order on the budget

1/4/2021 14:49

[Baghdad-Where]
The leader of the Sadrist movement, Muqtada al-Sadr, today, Thursday, made a phone call to the Speaker of Parliament, Muhammad al-Halbousi, his first deputy, Hassan al-Kaabi, and the head of the Saeron bloc, Nabil al-Tarfi.
According to a statement by his office, Mr. Al-Sadr valued during his calls for “their prominent role in approving the federal budget {for 2021}, and urging them to monitor the implementation of its clauses Read more…

A slight increase in the dollar exchange rates

A slight increase in the dollar exchange rates

03/31/2021 10:14:22

The exchange rate of the dollar rose today, Wednesday, on the main stock exchange in Baghdad. Read more…

Parliament transfers the budget from the dollar to the dinar to overcome the dispute

Parliament transfers the budget from the dollar to the dinar to overcome the dispute

03/31/2021 17:10:06

The House of Representatives decided in its meeting held today, Wednesday, to convert the federal budget for 2021 from the dollar to the Iraqi dinar.

A representative source said {for the Euphrates News} that “it was agreed to transfer the budget from the dollar to the Iraqi dinar, in order Read more…

Maliki’s coalition threatens to bring down the government in response to its recent measures!

Maliki’s coalition threatens to bring down the government in response to its recent measures!

Wednesday 31 March 2021 | 10:46 a.m.

The State of Law coalition headed by Nuri al-Maliki waved the dissolution of the current government due to the recent economic measures that had harmed the poor, while revealing that the Ministry of Trade had distributed “rotten food” within the last ration .

The head of the Parliamentary Bloc of the Coalition, Adnan Al-Asadi, said that “the increase in the dollar exchange rate greatly harmed the poor Read more…

Deputy: You do not agree to settle the points of contention in the 2021 budget, and the price of the dollar, the most prominent of which is

Deputy: You do not agree to settle the points of contention in the 2021 budget, and the price of the dollar, the most prominent of which is

Wednesday 31 March 2021 | 01:32 PM

Deputy Mudhar Al-Karawi confirmed, on Wednesday, that there is no final agreement on resolving the points of contention in the 2021 budget, indicating that the consensus on the price of the dollar is the most prominent points of contention .

Al-Karawi said that “negotiations and meetings of the representative forces during the past 72 hours have made progress Read more…

Al-Kaabi: An agreement to pass the budget

Al-Kaabi: An agreement to pass the budget

3/31/2021 14:38

[Baghdad – Where]
First Deputy Speaker of Parliament, Hassan al-Kaabi, confirmed that there is an agreement to pass the law, which is applicable to any draft law and the same mechanism through which laws pass in most parliaments in the world.
“The latter received, in his office today, Wednesday, Read more…

Parliament votes on Articles 1 and 2 of the Budget Law

Parliament votes on Articles 1 and 2 of the Budget Law

3/31/2021 16:44

[Baghdad-Where]
Parliament voted, on Wednesday, on the first and second articles of the draft federal budget bill for the fiscal year 2021.
The Media Department of the House of Representatives stated, in a statement, that “the House of Representatives voted on Article 1 and Article 2 Read more…

Vice President: Tomorrow is the date for voting on the budget

Vice President: Tomorrow is the date for voting on the budget

03/30/2021 17:44:10

The deputy of the Patriotic Union of Kurdistan, Hussein Narmo, suggested tomorrow, Wednesday, the date for the vote on the draft federal budget bill for 2021.

Nermo said, in a press statement, that “deputies collected about 40 signatures to hold the session on passing the budget on Wednesday, and that the Kurdish blocs did not oppose the decision.”
“The Parliamentary Finance Committee has voted in recent days Read more…

Al-Khalidi threatens: In the event that the government and the Central Bank insist on the decision to raise the price of the dollar, we will proceed with procedures to withdraw the powers of those who are not qualified

Al-Khalidi threatens: In the event that the government and the Central Bank insist on the decision to raise the price of the dollar, we will proceed with procedures to withdraw the powers of those who are not qualified

Tuesday 30 March 2021 | 10:57 a.m.

The head of the Parliamentary Committee for Monitoring the Implementation of the Governmental Program and Strategic Planning, Hazem Al-Khalidi, confirmed today, Tuesday, that if the government and the Central Bank insist on the decision to raise the price of the dollar, we will proceed with the procedures of withdrawing the powers of the unqualified.

Al-Khalidi said in a statement that “the government has admitted Read more…

Fitch modifies his view of the Iraqi economy from negative to stable

Fitch modifies his view of the Iraqi economy from negative to stable

Tuesday 30 March 2021 | 10:29 a.m.

The (Fitch) credit rating agency issued an amendment regarding the future outlook of the Iraqi economy and raising the degree of its credit rating to “stable” with regard to the possibility of defaults on payment, for a party that exports foreign exchange (IDR) and acknowledges that Iraq has reached the rank (-B).

The agency stated that data Read more…

The judiciary announces the completion of the formation of the Federal Supreme Court

The judiciary announces the completion of the formation of the Federal Supreme Court

03-29-2021 07:04 PM

The judges whose positions are stipulated in the Law Amending Order No. (30) of 2005 (Federal Supreme Court Law) announced both the President of the Supreme Judicial Council, the President of the Supreme Federal Court, the Chief Public Prosecutor and the Head of the Judicial Oversight Commission about the completion of the formation of the Federal Supreme Court and the names Read more…

Source: The collapse of an entire complex inside the Green Zone

Source: The collapse of an entire complex inside the Green Zone

03/29/2021 12:45:21

According to a security source, an entire compound inside the Green Zone in the center of the capital, Baghdad, had collapsed.

The source told {Al-Furat News} that “the engineering affairs building of the General Secretariat of the Council of Ministers inside the Green Zone Read more…

Parliament presidency hides budget changes from MPs!

Parliament presidency hides budget changes from MPs!

Monday 29th March 2021 | 1:27 PM

The deputy loaded the State of Law coalition, Alia Nassif, on Monday, the presidency of the parliament to conceal the changes in the budget and their insistence on not providing the deputies with the draft and the changes that occurred with the attachments that are the true details of those variables, describing the demons of politics Read more…

Al-Faily reveals: 40 contentious articles about the budget, the most prominent of which is the dollar price

Al-Faily reveals: 40 contentious articles about the budget, the most prominent of which is the dollar price

Monday 29th March 2021 | 02:35 PM

A member of the Parliamentary Economic and Investment Committee, Mazen Al-Faili, revealed, on Monday, the existence of 40 disputed paragraphs about the budget so far, indicating that political forces will boycott the session of voting on the budget for not reducing the price of the dollar .

“The budget suffers from many ongoing disagreements, the most prominent Read more…

Parliamentary Integrity Committee: 350 billion dollars fled Iraq during 17 years

Parliamentary Integrity Committee: 350 billion dollars fled Iraq during 17 years

2021-03-29

The Parliamentary Integrity Committee estimated the smuggled Iraqi funds by some of the corrupt during the era of the existing political system since 2003 until now at about $ 350 billion, equivalent to 32% of Iraq’s revenues over 17 years.

A member of the Parliamentary Integrity Read more…

Parliamentary Finance resolves all points of disagreement in the budget law, for a vote on it today

Parliamentary Finance resolves all points of disagreement in the budget law, for a vote on it today

2021-03-28 09:22

Shafaq News / A source in the Parliamentary Finance Committee revealed, on Sunday, that the meeting held by the committee to resolve the disputed points over the draft budget law ended with the resolution of all disputes, indicating that the parliament presidency will hold a meeting with the heads of political blocs and the ministers of finance and planning Read more…

A parliamentarian excludes finalizing the budget today and proposes three scenarios for passing it Policy

A parliamentarian excludes finalizing the budget today and proposes three scenarios for passing it
Policy

2021-03-28 | 09:38

Today, Sunday, a member of Parliament Uday Shaalan Abu El-Jon ruled out the decision on the federal budget law this day, while noting that the depth of conflicts and disagreements is still continuing and it is unlikely to be completed within the next few hours.
And he said Abu El-Jon In an interview with Alsumaria News, “The federal budget came out of its general and natural framework Read more…

Al-Abadi rallies against the dollar and addresses the government and parliament: undoing the mistake is a virtue

Al-Abadi rallies against the dollar and addresses the government and parliament: undoing the mistake is a virtue

2021-03-28 21:32

Shafaq News / The leader of the “victory” coalition, former prime minister Haider al-Abadi, called on Sunday the federal government and parliament to backtrack on the decision to reduce the value of the Iraqi dinar against hard currency, describing this decision as a “mistake” and reversing it as a “virtue.”

Today, the dollar is in the hands of the rich, and the dinar is the hand of the poor.

And he added, “I call on the deputies and the government Read more…

Member in Parliamentary Energy: 29 trillion dinars The budget deficit and the dollar are the biggest problem

Member in Parliamentary Energy: 29 trillion dinars The budget deficit and the dollar are the biggest problem

03/28/2021 16:55:50

{Economical: Al Furat News} A member of the Parliamentary Oil and Energy Committee, Bahaa Al-Din Nuri, revealed the recent deficit in the fiscal budget bill for 2021.

“The price of a barrel of oil has been fixed in the 2021 budget at $ 45,” Nuri told {Euphrates News}, indicating that “the surplus will fill the deficit, and a supplementary budget may be obtained where every month, two trillion dinars are Read more…