IRAQI DINAR POLITICS & ECONOMY

Deputy favors passing the budget with the approval of the region in the last moments

Deputy favors passing the budget with the approval of the region in the last moments

Wednesday 3 February 2021 | 1:20 PM

A member of the House of Representatives, Siham Shenoun, confirmed, on Wednesday, that the pressure exerted by the region on the Finance Committee is great, including the threat of the region’s representatives to boycott the voting session, but it will not affect the fairness of distribution .

Shannon said that “the region’s demands have been accustomed to them every year Read more…

Nazem reveals the most prominent decisions of the cabinet session: The government’s approach is brief on two matters

Nazem reveals the most prominent decisions of the cabinet session: The government’s approach is brief on two matters

02/02/2021 17:42:00

(Baghdad: Al Furat News) The spokesman for the Council of Ministers and the Minister of Culture, Hassan Nazim, revealed the most important decisions of the Council’s session on Tuesday, while stressing that the government’s approach is brief and its mission Read more…

Parliamentary Finance: Parliament will vote on the budget completely

Parliamentary Finance: Parliament will vote on the budget completely

02/02/2021 13:34:59

{Baghdad: Al Furat News} A member of the Parliamentary Finance Committee expected, on Tuesday, that the committee would finish discussing the terms and articles of the draft federal budget law for the year 2021 during the current week.
MP Sherwan Mirza said in a press statement, “The House of Representatives is awaiting the end Read more…

Deputy: a shadow government that runs the parliament and the government, and there is no freedom of opinion for a deputy

Deputy: a shadow government that runs the parliament and the government, and there is no freedom of opinion for a deputy

Posted, 02/02/2021 19:48

[Baghdad_Where] The
MP for the Bayariq Al-Khair bloc confirmed, on Monday, the existence of a shadow government that runs the Council of Ministers and Parliament, while noting the absence of the members ’opinion to vote and take decisions.
Al-Khalidi said, “The decisions in the House of Representatives do not have the freedom to make decisions Read more…

The President of the Republic calls for expediting the approval of the budget to ensure the interests of Iraqis

The President of the Republic calls for expediting the approval of the budget to ensure the interests of Iraqis

2/2/2021 14:11

[Baghdad-Where]
President of the Republic, Barham Salih, stressed, on Tuesday, the importance of overcoming issues that delay the approval of the budget, calling for speeding up its passage in a manner that safeguards the interests of Iraqis.
Salih said, in a statement, during his meeting with the head and members Read more…

The World Bank: A global initiative to recover smuggled Iraqi funds

The World Bank: A global initiative to recover smuggled Iraqi funds

Posted, 2021-02-01

Shafaq News / The World Bank confirmed that changing the exchange rate of the Iraqi dinar against the US dollar gives the state the ability to increase its revenues and face imports from abroad.

As he indicated that his financial portfolio in Iraq currently amounts to two billion dollars, he revealed a global initiative that the World Bank is working on to recover Read more…

A deputy is likely to hold a session Tuesday evening to vote on the budget

A deputy is likely to hold a session Tuesday evening to vote on the budget

2021-02-01 02:19

Shafaq News / A deputy from the Parliamentary Wisdom bloc suggested, on Monday, that the parliament would hold a session tomorrow evening, Tuesday, to vote on the general budget law, while he confirmed the presence of parliament members in Baghdad.

Al-Hikma MP Ali Al-Badiri told Shafaq News Agency, “Most of the parliament members from various political blocs are currently in the capital, Baghdad, awaiting Read more…

Kurdish tusk: Attending the interrogation session of the Central Bank governor is a “duty” … and legal measures against absentees

Kurdish tusk: Attending the interrogation session of the Central Bank governor is a “duty” … and legal measures against absentees

02/01/2021 16:51:17

{Baghdad: Al Furat News} The representative of the Islamic Group, Salim Hamza, stressed, on Monday, the importance of attending the interrogation session of the governor of the Central Bank, pointing to legal measures taken against absentees.
Hamza told {Al-Furat News} that “one of the actions and duties of the House of Representatives is to interrogate the executive authorities,” stressing that Read more…

Al-Muhammadawi calls for 9 amendments to the budget bill before voting on it

Al-Muhammadawi calls for 9 amendments to the budget bill before voting on it

Monday 1 February 2021 | 02:57 PM

Today, Monday (February 1, 2021), the representative of the National Approach bloc, Jamal al-Muhammadawi, called for 9 amendments to be made to the draft budget law before voting on it.

Al-Muhammadawi said, in a statement, that “the most important amendments required to the 2021 budget are:

1. Abolishing the first paragraph of Article (11) that calculates Read more…

Deputy: The rise in the dollar’s ​​exchange rate weakened the citizen’s purchasing power

Deputy: The rise in the dollar’s ​​exchange rate weakened the citizen’s purchasing power

2021-02-01

The head of the Rafidain Parliamentary Bloc, Yonadam Kanna, confirmed that economic development in the budget was cornered on the shelf, while noting that raising the dollar exchange rate weakened the citizen’s purchasing power by 23%.

Kanna said in a press interview, “Efforts are continuing to resolve Read more…

Al-Maliki to the region’s delegation: Oil problems cannot be solved without this law

Al-Maliki to the region’s delegation: Oil problems cannot be solved without this law

01/02/2021 15:55

[Baghdad-Where]
Head of State of Law coalition, Nuri al-Maliki, made it clear on Monday that oil problems cannot be solved without this law
Al-Maliki’s office said in a statement that “the head of the State of Law coalition received in his office a delegation of the Kurdistan region headed by Vice President of the Kurdistan Regional Government, Qubad Talabani, and the meeting dealt with developments Read more…

Kurdish MP: Baghdad will not respond, and we fear a political boycott if the budget is passed by a majority

Kurdish MP: Baghdad will not respond, and we fear a political boycott if the budget is passed by a majority

01-31-2021 10:56 AM

Today, Sunday, MP for the Kurdistan Islamic Group, Salim Hamza, expressed the Kurds’ fear of entering into a “political boycott” in the event of passing the budget without an agreement with the region, indicating that the Shiite blocs do not respond to the government proposal Read more…

An economist explains how to reduce the dollar exchange rate

An economist explains how to reduce the dollar exchange rate

01/31/2021 11:51:52

{Baghdad: Al Furat News} Economic expert Basem Jamil Antoine explained the way to reduce the exchange rate of the dollar against the Iraqi dinar, indicating that there must be a plan and study and not to go with “moody”.
Antoine said in an interview with the Euphrates News Agency, “I was the first Read more…

Parliamentary Committee: The budget is in its final stages, and its approval will pass without fundamental differences

Parliamentary Committee: The budget is in its final stages, and its approval will pass without fundamental differences

01/31/2021 12:43:00

{Baghdad: Al-Furat News} The head of the Parliamentary Agriculture and Water Committee, Salam Al-Shammari, stressed today, Sunday, the importance of approving the budget at the earliest opportunity because of its clear impact on the life, economic and financial reality in the country.
In a statement, Al-Furat News received a copy of it, Al-Shammari said, “The meetings of the Parliamentary Finance Committee are continuing Read more…

Mr. Ammar al-Hakim confirms the possibility of Iraq turning into a success story, like Japan and Korea

Mr. Ammar al-Hakim confirms the possibility of Iraq turning into a success story, like Japan and Korea

01/31/2021 13:25:39

{Baghdad: Al Furat News} The head of the Iraqi coalition, Mr. Ammar Al-Hakim, affirmed that Iraq could turn into a “success story”, such as the rise of Japan and South Korea after World War II.
A statement of his office, a copy of which was received by Al Furat News Agency, stated that Mr. Ammar Al-Hakim “received in his office this morning the Japanese and South Korean ambassadors in Baghdad Read more…

The Iraqi Parliament … Governor of the Central Bank outside the interrogation and the budget within the bargaining!

The Iraqi Parliament … Governor of the Central Bank outside the interrogation and the budget within the bargaining!

Sunday 31 January 2021 | 03:59 pm

The coalition of Iraqis confirmed, on Sunday, that the coming sessions will not witness the questioning of the Governor of the Central Bank of Iraq, attributing the matter to Parliament’s preoccupation with the budget and through it to enter the line of negotiations and bargaining between the blocs .

“Breaking the quorum and postponing the session Read more…

Al-Jubouri to the World Bank Mission: Many reform measures were included in the budget

Al-Jubouri to the World Bank Mission: Many reform measures were included in the budget

01/31/2021 12:15

[Baghdad-Where]
Head of the Parliamentary Finance Committee, Haitham al-Jubouri, discussed with the representative of the World Bank delegation in Iraq, Ramzi Numan, the draft budget bill for 2021.
A statement said, “The Chairman of the Finance Committee, MP Haitham al-Jubouri, received the representative of the World Bank mission in Iraq, Ramzi Numan, to discuss the draft federal budget bill for 2021.
He added, “The meeting discussed the great challenges facing the Finance Committee, during its discussions of the draft budget in light of an unstable economic and financial Read more…

The Ministry of Electricity denies selling power stations

The Ministry of Electricity denies selling power stations

01/31/2021 16:06

[Baghdad-Where]
The Ministry of Electricity denied, on Sunday, its intention to sell any national power stations to private companies
The ministry said in a statement: “In recent days, we have noticed an escalation in attempts to mislead the public opinion about the fabrications that had previously been rejected by the Ministry of Electricity in a previous statement regarding Read more…

More than 4.8 million active bank accounts in Iraq

More than 4.8 million active bank accounts in Iraq

2021-01-30 00:47

Shafaq News / The Iraqi Private Banks Association announced on Saturday that the number of bank accounts in banks operating inside Iraq amounts to more than 4.8 million bank accounts, confirming that the number of activated bank cards is more than 11.2 million cards.

The executive director of the Iraqi Private Banks Association, Ali Tariq, said in a press release, Read more…

A member in Parliamentary Finance evaluates the ministry’s performance at {zero}

A member in Parliamentary Finance evaluates the ministry’s performance at {zero}

01/2021/30 11:53:35

{Baghdad: Al Furat News} The Parliamentary Finance Committee confirmed, on Saturday, that there are no deductions in the salaries of employees in the 2021 budget, indicating that all the numbers in the budget are not real.
And Naji Al-Saeedi said in a televised interview, “The performance of the Ministry of Finance is {zero} because it does not know the number of employees in Iraq until now, and all the numbers in the budget are not real, such as Read more…