IRAQI DINAR POLITICS & ECONOMY

Deputy: Changing the dollar’s ​​exchange requires severe penalties for currency auction manipulators

Deputy: Changing the dollar’s ​​exchange requires severe penalties for currency auction manipulators

12/11/2020 17:18:57

{Baghdad: Al-Furat News} MP for the Sairoun bloc, Burhan Al-Mamouri, said today, Friday, that the instability of the currency price would lead to confusion in the market and undermine confidence in the national economy.
In a statement, Al-Furat News received a copy of it, Al-Mamouri said, “The exchange rates of the Iraqi dinar against the dollar are witnessing clear instability in the market, while we notice them steady in the currency auction, which indicates Read more…

Parliamentary Finance: The Council of Ministers votes tomorrow on the budget and it reaches Parliament on Tuesday

Parliamentary Finance: The Council of Ministers votes tomorrow on the budget and it reaches Parliament on Tuesday

12/11/2020 15:58:06

{Baghdad: Al Furat News} A member of the Parliamentary Finance Committee said that the draft federal budget law for 2021 is long overdue, and the House of Representatives needs at least a month to legislate it.
MP Sherwan Mirza said in a press statement today, Friday, that “the draft federal budget law for 2021 has been long overdue and the House of Representatives needs a month to legislate the law.”
He added, “The Federal Cabinet has a session to discuss and approve the budget tomorrow, Read more…

Abdul Mahdi reveals exciting secrets that changed the face of Iraq

Abdul Mahdi reveals exciting secrets that changed the face of Iraq

2020-12-11

Many problems, deep interventions, as well as many secrets that occurred in his short period, revealed by former Prime Minister Adel Abdul Mahdi, who broke the silence for the first time after his resignation from the premiership.

How did he live during the demonstrations? What are the reasons that led to the demise of his government? What are the secrets Read more…

Al-Rafidain confirms the continued opening of accounts for citizens to deposit their money and receive the benefits

Al-Rafidain confirms the continued opening of accounts for citizens to deposit their money and receive the benefits

12/11/2020 12:25

[Baghdad-Where]
Al-Rafidain Bank confirmed, on Friday, that it will continue to open accounts for citizens and other segments to deposit their money in the bank and obtain interest.
The bank’s media office said in a statement. “The bank continues to open accounts (savings and current) for citizens Read more…

Parliamentary committee: Iraq pays taxes on its properties abroad … ruined and no use of it

Parliamentary committee: Iraq pays taxes on its properties abroad … ruined and no use of it

12/11/2020 14:59

[Baghdad-Where]
The Parliamentary Integrity Commission confirmed today, Friday, that there is a default in the Iraqi real estate file abroad, while indicating that Iraq pays taxes on some of its properties abroad.
A member of the committee, Deputy Taha Al-Dafa’i, according to the official agency, said that “there are hundreds of real estate for Iraq abroad Read more…

Regional government: We do not have red lines with Baghdad, and we are ready to deliver the oil that you are asking for

Regional government: We do not have red lines with Baghdad, and we are ready to deliver the oil that you are asking for

12/10/2020 16:16:07

{Baghdad: Al Furat News} The Kurdistan Regional Government announced that it has no “red lines” with the federal government.
The meetings and discussions of the regional government delegation, headed by Qubad Talabani, Deputy Prime Minister in the Kurdistan region, are heading to the federal capital Baghdad with the political parties, while the delegation is scheduled to meet with a number of parties today, Thursday.
And he had high from the Kurdistan government arrived in Baghdad yesterday, Wednesday, to start Read more…

Parliament’s integrity announces the referral of 400 corruption files, some of them relating to “senior officials”

Parliament’s integrity announces the referral of 400 corruption files, some of them relating to “senior officials”

2020-12-10

On Thursday, a member of the Parliamentary Integrity Committee, Sabah Taloubi Al-Aqili, revealed that 200 corruption files had been referred to the Integrity Commission during the last period, indicating that there are hundreds of corruption files being investigated.

Taloubi said in a press statement, “We have referred more than Read more…

Deputy: the 2021 budget deficit reaches 40%

Deputy: the 2021 budget deficit reaches 40%

10/12/2020 18:25

[Baghdad_Where]
Member of Parliament, Hassan Khlati, confirmed, on Thursday, that the deficit of the federal budget bill for 2021 reaches 40% ؜.
Khatti said that “the expected deficit in the 2021 budget will reach 40%,” noting that “global oil prices are directly related Read more…

Al-Halbousi: The victory was made by the Iraqi will and the authority established for it .. two conditions for its completion

Al-Halbousi: The victory was made by the Iraqi will and the authority established for it .. two conditions for its completion

10/12/2020 15:32

[Baghdad-Where]
Parliament Speaker Muhammad al-Halbousi confirmed, Thursday, that the victory over ISIS was made by the Iraqi will, and the authority was established for it through its competing fatwa.
Al-Halbousi said in a statement marking the third anniversary Read more…

Iraq and China are preparing for a “rare” oil deal

Iraq and China are preparing for a “rare” oil deal

12/09/2020 13:06:54

{International: Al Furat News} Iraq is preparing to sign a multi-billion dollar deal with the Chinese company “Chenhua Oil”, under which Baghdad will get cash to help it in its financial distress in exchange for long-term oil supplies.
Bloomberg says the deal is the latest example of China, through commercial companies and state-controlled banks, of lending troubled oil producers Read more…

Al Furat News publishes the highlights of the 26th parliament session

Al Furat News publishes the highlights of the 26th parliament session

12/09/2020 18:43:35

(Baghdad: Al Furat News) The House of Representatives voted in its twenty-sixth session, which was held under the chairmanship of Muhammad al-Halbousi, Speaker of the Council, and in the presence of 188 deputies today, Wednesday, 9/12/2020, on three laws and ended the discussion and reading of three Laws.
In the council’s statement, Read more…

General Electric: Adding 125 megawatts to the national electricity grid in Iraq

General Electric: Adding 125 megawatts to the national electricity grid in Iraq

9/12/2020 12:50

[Baghdad_ain]
General Electric announced, on Wednesday, the completion of maintenance work at the Jerusalem Power Station on a turbine type 9E.03, indicating that it will add 125 megawatts of electricity to the national grid to meet the demand for electricity with more reliable energy.
The President and CEO of GE’s Energy Services and Gas Power Read more…

Two reasons for the rise in the dollar .. Advisor Al-Kazemi: temporary bubbles affected by speculative rumors

Two reasons for the rise in the dollar .. Advisor Al-Kazemi: temporary bubbles affected by speculative rumors

9/12/2020 11:20

[Baghdad-Where]
The financial advisor to the prime minister, Mazhar Muhammad Saleh, identified, on Wednesday, two reasons for the high exchange rate of the dollar, stressing that they are temporary bubbles affected by speculative rumors to reap profits.
According to the official agency, Saleh said, “The exchange market, Read more…

Al-Abadi’s coalition announces its position on the interrogation of Al-Kazemi

Al-Abadi’s coalition announces its position on the interrogation of Al-Kazemi

9/12/2020 17:05

[Baghdad-Where]
The Nasr Coalition led by former Prime Minister Haider al-Abadi announced on Wednesday that it has no intention of questioning Prime Minister Mustafa Al-Kazemi in Parliament.
The coalition said in a statement, that it “denies its intention as a political entity Read more…

Washington allocates funds for the elections in Iraq and affirms: We will not close our embassy in Baghdad

Washington allocates funds for the elections in Iraq and affirms: We will not close our embassy in Baghdad

2020-12-08 06:57

Shafaq News / The US administration said on Tuesday that it had allocated funds for the success of early parliamentary elections in Iraq, stressing that it would not close its embassy in Iraq despite a “temporary” reduction in the number of embassy employees.

This came during a closed-circuit dialogue session, in which Shafaq News correspondent participated, with the US Assistant Secretary of State Read more…

Al-Saffar reveals to {Al-Furat News} the reasons for the high dollar and the possibility of “floating”

Al-Saffar reveals to {Al-Furat News} the reasons for the high dollar and the possibility of “floating”

12/08/2020 18:54:03

{Baghdad: Al Furat News} The reporter of the Parliamentary Finance Committee, Ahmed Al-Saffar, revealed, on Tuesday, the reasons for the high exchange rate of the dollar in Iraq and the possibility of its floatation.
Al-Saffar told {Al-Furat News} that “there is nothing official about changing the exchange rate of the dollar, and all that is rumored is talk and speculation that the people of exchange make to achieve profits and gains.”

And that “I stand against any manipulation in the dollar exchange rate, Read more…

Urgent The joint statement issued by the meeting of the three presidencies and leaders of political blocs

Urgent The joint statement issued by the meeting of the three presidencies and leaders of political blocs

12/08/2020 15:27:33

{Baghdad: Al Furat News} A meeting was held at the Government Palace in Baghdad, today, Tuesday, for the President of the Republic, Prime Minister and Speaker of Parliament, and leaders of political blocs, including the head of the Iraqi coalition, Mr. Ammar al-Hakim.
“During the meeting, current developments and developments were presented, and the general lines of the federal budget and the outstanding problems Read more…

Clarification on the Central Bank’s decisions to control the dollar exchange rate and the reasons for its recent jump

Clarification on the Central Bank’s decisions to control the dollar exchange rate and the reasons for its recent jump

TUESDAY, 08-12-2020, AM 11:49

The economist and member of the Board of Directors at the Central Bank, Majed Al-Suri, spoke today, Tuesday, about the reasons for the high exchange rate of the dollar in the local markets.

Al-Suri said, “speculation, political and economic confusion, and citizens’ lack of confidence in the future of the Iraqi dinar are among the main reasons for the high exchange rate Read more…

Member of Parliamentary Finance: The government is heading for an “urgent” economic step to control the dollar situation

Member of Parliamentary Finance: The government is heading for an “urgent” economic step to control the dollar situation

TUESDAY, 08-12-2020, PM 12:10

A member of the Parliamentary Finance Committee, Ahmed Hama Rashid, spoke today, Tuesday, about a new step that the government will take “compelled” to reduce the exit of hard currency from the country and control the gates of currency auction.

Deputy Rashid commented on what the media reported about the existence of negotiations between Iraq and the International Monetary Fund, to determine a new exchange rate Read more…

The head of a parliamentary committee warns of an “economic disaster” and sends a message to Al-Kazemi

The head of a parliamentary committee warns of an “economic disaster” and sends a message to Al-Kazemi

2020-12-08

The head of the Parliamentary Investment Committee, Representative Riad Al-Tamimi, warned Tuesday of a “catastrophe” that could kill investment in Iraq, calling on the government to take quick and firm decisions to strike corruption.

Al-Tamimi said, in a statement: “I am again addressing Prime Minister Mustafa Al-Kazemi in his capacity Read more…