IRAQI DINAR POLITICS & ECONOMY

Parliamentary Finance: We need another week to discuss the budget and we will convert the notes into texts

Parliamentary Finance: We need another week to discuss the budget and we will convert the notes into texts

2021-01-18 05:07

Shafaq News / The Finance Committee in the House of Representatives announced, on Monday, that it needs another week to discuss the General Budget Law for 2021, confirming that it will convert all notes into texts to amend the law.

Committee member Jamal Cougar told Shafaq News Agency, “The sessions of the Parliamentary Finance Committee to discuss the draft general budget law are continuing Read more…

Representative economy: a difference in the exchange rate of the dollar returned to the government by 12 trillion dinars

Representative economy: a difference in the exchange rate of the dollar returned to the government by 12 trillion dinars

2021-01-18

A member of the Parliamentary Economic and Investment Committee, Hamid Al-Mousawi, revealed that the difference in the exchange rate of the dollar returned to the government by 12 trillion dinars, pointing out that Parliament is determined to reduce the budget deficit and pressure unnecessary expenditures.

Al-Mousawi said in a press interview, “The Financial Management Law prevents Read more…

Al-Rafidain announces new rates for savings accounts and fixed deposits

Al-Rafidain announces new rates for savings accounts and fixed deposits

01/18/2021 14:20

[Baghdad-Where]
Al-Rafidain Bank announced, on Monday, that the interest rate for citizens’ saving accounts will be raised to 5%, and fixed deposits will be 7%.
The bank’s media office said in a statement, that “based on the bank’s policy aimed at maximizing revenues in order to attract cash and encourage customers to save their money instead of hoarding it in homes, the bank Read more…

Al-Kazemi launches “Made in Iraq”: we are working to transform it into a competitive market

Al-Kazemi launches “Made in Iraq”: we are working to transform it into a competitive market

01/18/2021 16:51

[Baghdad-Where]
The Iraqi Prime Minister, Mustafa Al-Kazemi, said on Monday that his government is counting on the private sector to supplement the Iraqi industry and restore its identity.
Al-Kazemi said during his opening today, Monday, the exhibition “Made in Iraq”, which is being held by the Ministry of Industry at the Baghdad International Fair, “We face challenges, and we do not care about the attempts Read more…

“Finance” proposes three solutions to avoid withholding the salaries of Iraqi employees

“Finance” proposes three solutions to avoid withholding the salaries of Iraqi employees

2021-01-17 01:19

Shafaq News / On Sunday, the Parliamentary Finance Committee revealed a tendency to address the deduction of employees’ salaries in the Iraqi state budget law, renewing its refusal to compromise these salaries.

Committee member Jamal Cougar told Shafaq News, “The Parliamentary Finance Committee has four options to address the deduction of employees’ salaries in the General Budget Law for the year 2021, ”indicating that“ the first option is Read more…

Parliamentary Finance is looking at four heavy allocations in the 2021 budget

Parliamentary Finance is looking at four heavy allocations in the 2021 budget

01/17/2021 17:36:54

{Baghdad: Al Furat News} The Parliamentary Finance Committee discussed, on Sunday, with the Ministry of Health, Transport and Education, and the Independent High Electoral Commission, its financial specializations in the 2021 budget.
The committee stated, in a statement that {Al Furat News} received a copy of, about “hosting a delegation from the Independent High Commission for Human Rights by the subcommittee, to discuss its financial allocations Read more…

The Ministry of Planning announces the start of the practical procedures for forming the Iraqi Private Sector Development Council

The Ministry of Planning announces the start of the practical procedures for forming the Iraqi Private Sector Development Council

Sunday 17 January 2021 | 04:21 PM

Today, Sunday, Minister of Planning Khaled Battal Al-Najm announced that the ministry has begun practical measures to form a board of directors and develop the Iraqi private sector.

The star, upon receiving Irina Solorano, Deputy Special Representative of the United Nations for Humanitarian Affairs in Iraq, and her accompanying delegation, stated that the formation of this council comes in the context of the expected Read more…

Al-Araji: No early elections in June … and this is what delays the announcement?

Al-Araji: No early elections in June … and this is what delays the announcement?

01/17/2021 10:48

[Baghdad-Where]
Former Deputy Prime Minister, Bahaa Al-Araji revealed, on Sunday, that the recent meetings between political forces and presidencies had concluded that early elections would not be held next June.
Al-Araji said, in his tweet on the “Twitter” platform, that “what emerged from the recent meetings is: no early elections in June, and what delays Read more…

Etisalat reveals an advanced service soon and comments on raising Internet prices

Etisalat reveals an advanced service soon and comments on raising Internet prices

01/17/2021 15:25

[Baghdad-Where]
The Ministry of Communications announced that it will work to operate an advanced internet service in the country in the coming period.
The ministry’s spokesman, Raad Al-Mashhadani, said, “The ministry expressed its absolute desire in a large press conference that included Arab, Iraqi and international companies, the aim of which is to develop the Internet in Iraq via optical cable Read more…

The Foreign Ministry clarifies its procedures for removing Iraq from the list of money laundering and terrorist financing

The Foreign Ministry clarifies its procedures for removing Iraq from the list of money laundering and terrorist financing

12:47 – 01/16/2021

BAGHDAD – Mawazine News
, on Saturday, the Ministry of Foreign Affairs clarified its measures to remove Iraq from the list of high-risk countries in the areas of money laundering and terrorist financing.
The spokesman for the ministry, Ahmed Al-Sahaf, said in a statement that Mawazine News received a copy of, that “the ministry has worked with great diligence, through our embassies scattered throughout the world, to explain Iraq’s efforts Read more…

An increase in Iraq’s oil exports to America

An increase in Iraq’s oil exports to America

01/16/2021 09:29:31

{International: Al Furat News} The US Energy Information Administration announced today, Saturday, that Iraqi oil exports to America rose to 91 thousand barrels per day during the past week.
The administration said in a report, that “the average US imports of crude oil during the past week from eight countries amounted to Read more…

Urgent Parliamentary Finance: To vote on the budget next week .. This is the fate of the salary deduction

Urgent Parliamentary Finance: To vote on the budget next week .. This is the fate of the salary deduction

01/16/2021 15:22:47

{Baghdad: Al Furat News} A member of the Parliamentary Finance Committee, Diyar Barwari, revealed today, Saturday, that his committee is making great efforts in the matter of adjusting the budget and has continuous meetings.
Berwari said in a press interview: “Today we envision the last session to receive the remarks and proposals of the deputies, and maybe this week we will have the final formulations of the law and maybe the vote Read more…

Legal expert: The current blocs in parliament will lose two-thirds of their seats due to the biometric card

Legal expert: The current blocs in parliament will lose two-thirds of their seats due to the biometric card

01/16/2021 14:13:19

{Baghdad: Al Furat News} Legal expert Tariq Harb confirmed, today, Saturday, that the biometric system that will be implemented in early elections, with the increase in the popular participation rate over the past, will affect the arrival of the current political blocs in Parliament to their seats during the upcoming elections.
Harb said in a statement, the Euphrates News received a copy of it, that “if half of those who were not previously elected Read more…

Parliament resumes its session today to discuss the budget bill

Parliament resumes its session today to discuss the budget bill

01/16/2021 15:03

[Baghdad-Where]
Parliament will resume, on Saturday, its 35th session to discuss the budget bill for 2021.
The deputy of the Patriotic Union of Kurdistan in the House of Representatives, Hussain Nermo, said, “The parliament will resume its 35th session today, at exactly three in the afternoon.
He added: The session will discuss Read more…

Parliamentary Planning: Finance Minister’s Reforms “Nonsense and Dreams”

Parliamentary Planning: Finance Minister’s Reforms “Nonsense and Dreams”

01-15-2021 03:54 PM

Today, Friday, the deputy head of the Parliamentary Planning Committee, Muhammad Al-Baldawi, asked why the paragraphs of the White Paper were not included in the budget, indicating that the reform measures called by the Minister of Finance do not go beyond nonsense and dreams.
Al-Baldawi said in a statement to “Tigris”, that “the Minister of Finance, Read more…

MP Hamid Al-Mousawi: Parliament is determined to reduce the budget deficit to 20 trillion dinars

MP Hamid Al-Mousawi: Parliament is determined to reduce the budget deficit to 20 trillion dinars

2021-01-15

The MP for the Al-Fateh Alliance, Hamid Al-Mousawi, confirmed that Parliament is determined to reduce the budget deficit to 20 trillion dinars instead of 70, as well as reduce the budget to 110 trillion.

Moussawi said in a press interview, “The Finance Committee as well as other committees within Parliament are working on a final night in order to resolve Read more…

Representative Legal: The Commission informed us of problems and is heading to postpone the elections

Representative Legal: The Commission informed us of problems and is heading to postpone the elections

01/15/2021 15:58

[Baghdad-Where]
A member of the Parliamentary Legal Committee revealed that the Electoral Commission informed the commission that there were problems in its work and needed more time to solve them and organize its affairs to hold the early elections scheduled for the sixth of next June.
“There is a meeting that will be held to decide the date for holding early elections,” Read more…

The Iraqi parliament moves to change the price of oil in the budget

The Iraqi parliament moves to change the price of oil in the budget

2021-01-14 07:20

Shafaq News / Today, Thursday, the Parliamentary Finance Committee revealed a parliamentary move to change the price of a barrel of oil in the Iraqi state budget bill in 2021.

A member of the committee, Sherwan Mirza, told Shafaq News, “The price of a barrel of oil specified in the draft budget bill is $ 42 and has not changed yet, at the same time global prices exceed Read more…

The judiciary clarifies the details of the issuance of the arrest warrant against Trump

The judiciary clarifies the details of the issuance of the arrest warrant against Trump

01/14/2021 17:40:08

(Baghdad: Al Furat News) The Supreme Judicial Council issued, on Thursday, the details of issuing an arrest warrant against the outgoing US President Donald Trump.
The judge in charge of examining the case of the assassination of the martyr Abu Mahdi Al-Muhandis and his companions confirmed, in a statement that Al Furat News received a copy of, that “the issuance of the arrest warrant against Trump came after the completion of the investigative procedures Read more…

Parliamentary Finance resolves the controversy and reveals the fate of the dollar exchange rate in the budget

Parliamentary Finance resolves the controversy and reveals the fate of the dollar exchange rate in the budget

2021-01-14

The Parliamentary Finance Committee confirmed, on Wednesday, its inability to change the exchange rate of the Iraqi dinar against the US dollar, noting the stability of the exchange rate after the approval of the 2021 budget law.

Committee member Jamal Cougar said in a press interview, that the reports about a parliamentary move to change the exchange rate of the Iraqi dinar Read more…