IRAQI DINAR POLITICS & ECONOMY

Deputy: The leaked draft budget is catastrophic and will not be passed in Parliament

Deputy: The leaked draft budget is catastrophic and will not be passed in Parliament

12/18/2020 13:34:09

{Baghdad: Al Furat News} Representative of the State of Law bloc, Mansour Al-Baiji, expressed of the “reform measures undertaken by the government that were proposed through a copy of the leaked financial budget draft and” containing catastrophic points that will lead to great harm to all of the Iraqi people, and this matter cannot be accepted Read more…

Political analyst: The government enters the people into a cycle of terror by leaking the distorted draft of the budget

Political analyst: The government enters the people into a cycle of terror by leaking the distorted draft of the budget

2020-12-18

Political analyst Hazem Al-Bawi said that the government, after leaking the draft budget in its distorted form, has entered the people into a cycle of terror.

Al-Bawi said to “the information”, that “the leakage of such a pressure and unjustified austerity plan will cause the street to boil down due to the confusion in the management of the country’s economic Read more…

Parliamentary Finance talks about measures regarding the dollar’s price and salary deductions

Parliamentary Finance talks about measures regarding the dollar’s price and salary deductions

12/18/2020 18:15

[Baghdad-Where]
The Parliamentary Finance Committee said, Friday, that “the central bank will take measures regarding the exchange rate of the dinar.”
She stressed that “the government is responsible for the high price of the dollar, not the central bank,” noting that “the budget leak has an impact Read more…

Representative Media: The establishment of the National Company will end the telephone companies ’monopoly over the telecommunications sector

Representative Media: The establishment of the National Company will end the telephone companies ’monopoly over the telecommunications sector

12/18/2020 12:57

[Baghdad-Where]

The Parliamentary Communications and Media Committee confirmed, on Friday, that establishing a national telecommunications company requires a will, while indicating that this would end the telephone companies ’monopoly on the telecommunications sector.
A member of the committee, Alaa al-Rubaie, said, according to the official agency, that “the government has the ability to establish a national telecommunications company, given that the Read more…

After the 2021 budget leaked … a parliamentary warning of a massive revolution sweeping Iraq

After the 2021 budget leaked … a parliamentary warning of a massive revolution sweeping Iraq

2020-12-17 03:04

Shafaq News / Independent MP, Basem Khashan expected, today, Thursday, the outbreak of a massive popular revolution sweeping Iraq against the background of the leaks of the draft budget bill for 2021.

Khashan said, to Shafaq News, that “the 2021 budget targets the poor citizen and the simple employee, and this budget is clearly targeting Read more…

Central Bank of Parliament Governor for Parliamentary Finance: We are preparing to launch a package of measures that achieve a displacement balance in the exchange rate

Central Bank of Parliament Governor for Parliamentary Finance: We are preparing to launch a package of measures that achieve a displacement balance in the exchange rate

12/17/2020 18:08:46

{Baghdad: Al Furat News} The Financial Committee headed by Haitham Al-Jubouri discussed on Thursday with the Governor of the Central Bank, Mustafa Ghaleb Mekharif, the economic crisis and the implications of the high exchange rate of hard currency on the Iraqi market situation.
In a statement received by the Al Furat News Agency a copy of it, the committee stated that “sponsorship has been discussed during the hosting of ways to confront the negative repercussions of the increase in the exchange rate Read more…

In details … a statement issued by the Ministry of Finance about the leakage of the draft budget law

In details … a statement issued by the Ministry of Finance about the leakage of the draft budget law

12/17/2020 18:40:46

{Baghdad: Al Furat News} On Thursday, the Ministry of Finance issued an official statement about the leakage of the 2021 budget bill.
In a statement, the Euphrates News received a copy of it, she expressed her “resentment and deep regret at the unauthorized publication of the draft budget for the year 2021,” indicating that “budget preparation is a complex technical process Read more…

The Finance Committee comments on the leakage of the draft budget: it caused great confusion in the currency market

The Finance Committee comments on the leakage of the draft budget: it caused great confusion in the currency market

12/17/2020 15:48

[Baghdad-Where]
Deputy Chairman of the Parliamentary Finance Committee, Muthanna al-Samarrai, described, on Thursday, those responsible for “leaking” the draft budget as “not qualified to protect the country’s supreme interests,” while the “fabricators” of the crisis threatened a “decisive” parliamentary Read more…

Kurdish leader: complete paralysis in the Kurdistan market as a result of the high dollar

Kurdish leader: complete paralysis in the Kurdistan market as a result of the high dollar

12/17/2020 18:30

[Sulaymaniyah-
Where ] The leader of the Kurdistan Islamic Group, Soran Omar, described Thursday the economic conditions in the Kurdistan region as catastrophic and that the people will stage a massive revolution.
Omar said, “The Kurdish people will not wait for the procrastination Read more…

Al-Kazemi and Erdogan chair the expanded meeting of the Iraqi and Turkish delegations

Al-Kazemi and Erdogan chair the expanded meeting of the Iraqi and Turkish delegations

12/17/2020 16:30

[Baghdad-Where]
Prime Minister Mustafa Al-Kazemi and Turkish President Recep Tayyip Erdogan chair the expanded meeting of the Iraqi and Turkish delegations.
A statement by Al-Kazemi’s office said in a statement, “Al-Kazemi and Erdogan chaired the expanded meeting Read more…

Parliament clarifies the fact that the government entered into negotiations with the international monetary system to reduce the price of the dinar

Parliament clarifies the fact that the government entered into negotiations with the international monetary system to reduce the price of the dinar

2020-12-16 03:09

Shafaq News / The Deputy Speaker of the Iraqi Parliament, Bashir Al-Haddad, denied, on Wednesday, what was circulated regarding the entry of the Iraqi government into negotiations with the International Monetary Fund to reduce the price of the Iraqi dinar against the US dollar.

In a statement received by Shafaq News Agency, Al-Haddad criticized “the irresponsible statements by some personalities and parties who claimed Read more…

Economist: speculators and banking manipulating the dollar, and it will affect the markets and citizens

Economist: speculators and banking manipulating the dollar, and it will affect the markets and citizens

12/16/2020 13:39:29

(Baghdad: Al Furat News) Economist Basem Jamil Antoine confirmed, on Wednesday, that speculators and exchange dealers are manipulating the dollar, while this manipulation will affect the markets and citizens.
Antoine said in an interview with Al-Furat News Agency that “the Central Bank is not a judicial or executive authority, and it includes a window to sell the currency and pumps quantities of currency Read more…

The Ministry of Communications is promising a “shift” in internet service quality soon

The Ministry of Communications is promising a “shift” in internet service quality soon

12/16/2020 13:03:56

{Baghdad: Al Furat News} The Ministry of Communications promised, on Wednesday, that the quality of Internet service would soon change.
The ministry stated in a press release that “the light transmission project will soon see the light,” indicating that “the project includes expanding the optical cable project to include all provinces Read more…

Disclosure of the contents of an expected agreement between Iraq and China

Disclosure of the contents of an expected agreement between Iraq and China

2020-12-16

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, revealed, on Wednesday, the content of an agreement to be signed between Baghdad and Beijing to sell 48 million barrels by prepayment.

In an interview with the official Al-Sabah newspaper, Saleh said, “The agreement to be signed Read more…

MP Fadel Al-Fatlawi reveals a parliamentary intention to dismiss a number of Al-Kazemi’s ministers

MP Fadel Al-Fatlawi reveals a parliamentary intention to dismiss a number of Al-Kazemi’s ministers

2020-12-16

The deputy of the Al-Fateh Alliance, Fadel Al-Fatlawi, revealed, on Wednesday, a parliamentary intention to dismiss a number of ministers from the government of Prime Minister Mustafa Al-Kazemi.

Al-Fatlawi said in a press statement that “a number of service ministers did not provide a good level of work Read more…

To discuss the law of financing the fiscal deficit .. The Kurdish delegation headed by Talabani arrives in parliament

To discuss the law of financing the fiscal deficit .. The Kurdish delegation headed by Talabani arrives in parliament

12/16/2020 16:54

[Baghdad-Where]
The Kurdish delegation headed by the Deputy Prime Minister of the Kurdistan Regional Government, Qubad Talabani, arrived on Wednesday to the House of Representatives to discuss the financing of the financial deficit law.
The Presidency of the House Read more…

The Cabinet will hold an emergency session next Saturday to approve the budget

The Cabinet will hold an emergency session next Saturday to approve the budget

2020-12-15 07:24

Shafaq News / A government source said, on Tuesday, that the Council of Ministers directed the Ministry of Finance to complete the 2021 budget before the end of this week and send it to the General Secretariat of the Council of Ministers for approval.

The source told Shafaq News that the cabinet directed the Ministry of Finance to complete the budget Read more…

Rational “ignites” competition … a “boom” in interest rates on fixed deposits

Rational “ignites” competition … a “boom” in interest rates on fixed deposits

TUESDAY, 15-12-2020, PM 12:20

Al-Rasheed Bank announced, on Tuesday, that it will grant 7% interest for fixed deposits.

The media office of the bank said in a statement that “the specified period for these deposits is Read more…

MP Thamer Theban: The government is deliberately delaying sending the budget to parliament

MP Thamer Theban: The government is deliberately delaying sending the budget to parliament

2020-12-15

The MP for the Al-Sadiqoun bloc, Thamer Theban, accused, on Tuesday, the government of intentionally failing to send the draft federal budget for 2021 as scheduled.

Theban said, in a statement, that “the fabrication of the delay in sending the budget Read more…

Representative bloc: 60 days have passed since the date of sending the budget … This is about the Kurds

Representative bloc: 60 days have passed since the date of sending the budget … This is about the Kurds

12/15/2020 17:31

[Baghdad-Where]
The Badr Parliamentary Bloc confirmed, on Tuesday, that the date for sending the budget to the council has passed by 60 days, while indicating that the regional government does not abide by the agreements with the federal government.
The head of the Badr Parliamentary Bloc, MP Hassan Shaker, said in a television interview, Read more…