IRAQI DINAR POLITICS & ECONOMY

“Fitch” amends the credit rating of Iraq to stable

“Fitch” amends the credit rating of Iraq to stable

2021-03-24 03:45

Shafaq News / Fitch, the international credit rating agency, has revised the outlook for Iraq to stable, and affirms its rating at B.

The agency, which is headquartered in New York and London, said in a report seen by Shafaq News that it “has adjusted the outlook for Iraq to stable from negative, but the dynamics of the political economy Read more…

Parliamentary Finance reveals: 3 points of contention that hinder passing the budget next Saturday … Know them

Parliamentary Finance reveals: 3 points of contention that hinder passing the budget next Saturday … Know them

Wednesday 24 March 2021 | 12:15 p.m.

On Wednesday, a member of the Parliamentary Finance Committee, Muhammad al-Shabki, ruled out passing the draft federal budget bill for the country for the year 2021 at the parliament session next Saturday, while revealing 3 deep disagreements .

“The possibility of passing the budget bill in the parliament session next Saturday is very weak,” Shbaki said, noting that Read more…

Deputy: Raising the exchange rate of the dollar is a devastation to the poor and the blood of the Iraqi people cannot be accepted

Deputy: Raising the exchange rate of the dollar is a devastation to the poor and the blood of the Iraqi people cannot be accepted

Wednesday 24 March 2021 | 01:01 PM

Representative Mansour Al-Ba’ji called on all honorable representatives to take a serious stand in order to restore the exchange rate of the dollar to its previous price, as it harmed a large segment of the Iraqi people who had endured very great woes and woes and raised the exchange rate of the dollar, destroyed by the destruction Read more…

The Finance Ministry denies statements attributed to the minister about submitting his resignation in case the exchange rate changes

The Finance Ministry denies statements attributed to the minister about submitting his resignation in case the exchange rate changes

2021-03-24

Today, Wednesday, the Ministry of Finance denied statements attributed to its Minister, Ali Allawi, about submitting his resignation in case the exchange rate changed.

The ministry said in a statement that “some television channels, news agencies, and statements of some members of Parliament circulated news Read more…

Advisor to Al-Kazemi: Iraq has not reached the stage of inflation, and prices have not risen dramatically

Advisor to Al-Kazemi: Iraq has not reached the stage of inflation, and prices have not risen dramatically

2021-03-23 02:19

Shafaq News / The Advisor to the Prime Minister for Financial and Economic Affairs, Mazhar Muhammad Salih, confirmed on Tuesday that Iraq has not reached the stage of inflation, indicating that we are still within the one decimal place.

Saleh said in an interview with Shafaq News; “Iraq still has not yet reached the stage of inflation, as we are still within the one-decimal place,” indicating that “before the dollar exchange rate was modified, inflation in Iraq was Read more…

MP: The government handed over to parliament a “worn out” copy of the budget, and its authors have no knowledge of the economy

MP: The government handed over to parliament a “worn out” copy of the budget, and its authors have no knowledge of the economy

2021-03-23 05:26

Shafaq News / On Tuesday, a member of the Iraqi parliament, Naim Al-Kaoud stated that obstructing the approval of the budget was the result of what the government presented to the Parliamentary Finance Committee, and while he indicated that the government presented a “worn out” version of the budget law, and pointed out that those who put the items were far away. Distance from the country’s economic and financial affairs.

Al-Kaoud, who is a deputy from Anbar Governorate, told Shafaq News: “The Finance Committee and the Presidency Read more…

Al-Fath: We will not vote on the budget if the dollar exchange rate remains at 1450

Al-Fath: We will not vote on the budget if the dollar exchange rate remains at 1450

2021-03-23

The Al-Fateh Alliance confirmed, Tuesday, that it is not ready to vote on the budget at next Saturday’s session in light of the dollar’s ​​exchange rate remaining the same.

“The differences that caused the parliament session to be postponed are the region’s share of the oil sent to Baghdad and the Kurdistan government’s refusal to deliver the quantity demanded Read more…

Election Commission decides to cancel elections abroad

Election Commission decides to cancel elections abroad

2021-03-23

The Independent High Electoral Commission decided, on Tuesday, to cancel the early parliamentary elections scheduled for next October abroad, attributing this to a number of obstacles and challenges.

The Commission said in a statement that “because of our deep belief in the participation of members of the Iraqi community in various countries of the world Read more…

Harb: The calls to dissolve parliament a day ago are laughable

Harb: The calls to dissolve parliament a day ago are laughable

03-22-2021 10:19 AM

Today, Monday, legal expert Tariq Harb considered that the calls to dissolve Parliament one day before the elections are something funny, in addition to being a constitutional violation, pointing out that these calls are intended to continue the power of the parties in Parliament to change the election results.

Tariq Harb said in a statement to “Tigris”, that “the calls to dissolve the House of Representatives one day before the elections are ridiculous, and they are an explicit Read more…

Adjusting the exchange rate of the dollar .. Deputy: There is a development that may allow a return to the price of 1200 dinars

Adjusting the exchange rate of the dollar .. Deputy: There is a development that may allow a return to the price of 1200 dinars

MONDAY, MARCH 22-2021, PM 4:35

A member of Parliament, Amer Al-Fayez, spoke about the existence of an ongoing parliamentary movement to restore the dollar exchange rate to its previous position in the 2021 budget.

The winner said in a televised statement, “We invested in the arrival of the budget to the House of Representatives in order to pressure the government to restore the current exchange rate of the dollar to the previous one, which amounted to Read more…

Deputy: 20 paragraphs in the 2021 budget that still have differences between the representative forces

Deputy: 20 paragraphs in the 2021 budget that still have differences between the representative forces

2021-03-22

A member of the Parliamentary Services Committee, Representative Manar Abdul Muttalib, confirmed, on Monday, that 20 paragraphs in the 2021 budget still have differences between the representative forces.

Abdul-Muttalib said in a press statement, “We hope that next Saturday’s session will be decisive in completing the quorum to present and discuss the budget paragraphs, leading to the voting stage in order to resolve Read more…

Kurdish Bloc: Parliament’s vote to amend the Federal Court Law is a “big mistake”

Kurdish Bloc: Parliament’s vote to amend the Federal Court Law is a “big mistake”

3/22/2021 10:45

[Baghdad-Where]
The Kurdish Parliamentary Bloc confirmed, on Monday, that the vote to amend the Federal Court Law was a “big mistake,” warning against repeating the scenario of selecting judges for the Electoral Commission in the court.
The two representatives of the bloc, Yusef Muhammad and Bahar Mahmoud, said in a joint statement, “The vote to amend Law No. 30 of 2005 of the Supreme Federal Court by a simple majority Read more…

State of law: We will not pass the budget unless the dollar price returns as it was

State of law: We will not pass the budget unless the dollar price returns as it was

03-21-2021 11:07 AM

Today, Sunday, the representative of the State of Law, Kata Al-Rikabi, stressed that his coalition will not vote on the budget unless the price of the dollar returns as it was, pointing out that the pretext through which the exchange rate was raised ended after the Iraqi currency reserves increased through high oil prices Read more…

Al-Jabri announces the date for the approval of a very important law and the transfer of the oil and gas law to the next session

Al-Jabri announces the date for the approval of a very important law and the transfer of the oil and gas law to the next session

03/21/2021 18:07:42

{Economy: Al Furat News} A member of the Parliamentary Oil and Energy Committee for the Alliance of Iraqis, Sattar Al-Jabri, announced on Sunday the date for the vote on the Iraqi National Oil Company law after its second reading by the House of Representatives. Al-Jabri said {to Euphrates News} that “the Iraqi National Oil Company law that has been read {first and second} will be submitted Read more…

The political blocs are pressing to restore the price of the dollar to what it was … Except for the rest

The political blocs are pressing to restore the price of the dollar to what it was … Except for the rest

Sunday 21 March 2021 | 05:17 pm

MP Amer Al-Winner confirmed, on Sunday, that all political blocs are pressing to restore the dollar’s ​​exchange rate to what it was previously, with the exception of the Saeron Alliance. The winner said in a radio interview, “The reason on which the government and the Central Bank raised the dollar’s ​​exchange rate is negated Read more…

For the second week .. An increase in Iraqi oil exports to America

For the second week .. An increase in Iraqi oil exports to America

Sunday 21 March 2021 | 10:41 a.m.

The US Energy Information Administration announced, on Sunday, that Iraqi oil exports to America rose to 165,000 barrels during the past week .

The administration said in a report that “the average US imports of crude oil during the past week from six countries amounted to 4 million and 370 thousand barrels per day, down by 364 thousand barrels per day from the previous week, which amounted to 4 million and 734 thousand barrels .”

And she added, “America imported crude oil from Iraq at a rate of 165 thousand barrels per day, up from Read more…

Al-Dahlaki: Postponing the vote on the budget is better than passing it on its head

Al-Dahlaki: Postponing the vote on the budget is better than passing it on its head

3/21/2021 13:22

[Baghdad-Where]
Member of Parliament, Raad Al-Dahlaki, confirmed today, Sunday, that postponing the vote on the federal budget until next Saturday was the best option instead of passing it in haste without achieving understandings in the public interest of all components of the Iraqi people.
Al-Dahlaki said in a press statement, “We know very well that the budget Read more…

In names … more than a hundred deputies have signed on to reduce the dollar’s ​​exchange rate

In names … more than a hundred deputies have signed on to reduce the dollar’s ​​exchange rate

03-20-2021 11:47 AM

MP Muhammad Shiaa al-Sudani called on Saturday to restore the dollar’s ​​exchange rate to what it was previously.

Al-Sudani said in a statement received by “Tigris”, “We renew our demand to review the exchange rate of the dollar because the negative impact of its rise has become the sleeper of the poor and those with limited income, especially after the rise in the prices of some commodities to 100%, and this in itself represents a declaration of war against the poor Read more…

Iraq .. The next Saturday session is the date for the vote to dissolve Parliament

Iraq .. The next Saturday session is the date for the vote to dissolve Parliament

03-20-2021 06:14 PM

The head of the Sairun Alliance, Nabil al-Tarfi, announced today, Saturday, that all the blocs, with their various orientations, unanimously agreed to dissolve the House of Representatives, “stressing that this request was not submitted by anyone from a bloc or from a party or a component, but rather everyone agreed on it.

” Al-Tarfi said during a press conference attended by a reporter. Tigris, “It is not clear to everyone what accelerating events and important changes Read more…

Officially, the Iraqi parliament postpones the vote on the budget law

Officially, the Iraqi parliament postpones the vote on the budget law

2021-03-20 08:51

Shafaq News / The Iraqi Council of Representatives (Parliament) announced, on Saturday, that the vote on the country’s financial budget bill for the current year will be postponed until next week.

The media department of the council said in a statement received by Shafaq News, that “in view of the continuing discussions on the draft budget law, and to give the relevant committees Read more…