IRAQI DINAR POLITICS & ECONOMY

The Iraqi Council of Ministers postpones the 2021 budget session

The Iraqi Council of Ministers postpones the 2021 budget session

12/5/2020 14:32

[Baghdad-Where]
A source in the Iraqi Ministry of Finance revealed, on Saturday, the postponement of the cabinet session devoted to approving the 2021 Budget Law, attributing the reason for the delay to make some amendments as well as the lack of a final agreement Read more…

The Kurdistan Regional Government awaits the arrival of receivables from Baghdad and meets with its delegation

The Kurdistan Regional Government awaits the arrival of receivables from Baghdad and meets with its delegation

12/5/2020 17:06

[Erbil – Where]
The Kurdistan Regional Government announced, on Saturday, that it is awaiting the arrival of part of its dues from Baghdad for the month of October, while indicating that good understandings have been reached between the Kurdistan region and the federal government Read more…

Parliament finishes the report and discussion of a bill and the first reading of two draft laws

Parliament finishes the report and discussion of a bill and the first reading of two draft laws

12/5/2020 16:23

[Baghdad-Where]
Parliament ended, on Saturday, the report and discussion of the draft law for implementing irrigation projects, while it finished the first reading of the draft law on joining Iraq to an international agreement and another bill.
A representative source said, “The House of Representatives has Read more…

The region’s delegation begins its discussions in Baghdad on dues and the budget

The region’s delegation begins its discussions in Baghdad on dues and the budget

12/04/2020 16:34:28

{Baghdad: Al Furat News} The delegation of the Kurdistan Regional Government, which arrived in the capital, Baghdad, begins its discussions on the financial problems and the region’s dues on Friday.
The deputy of the Patriotic Union of Kurdistan parliamentary bloc, Sherwan Mirza, said, “The delegation went Thursday to Baghdad and includes Minister of Finance Read more…

Will the scenario of closing the US embassy in Baghdad return after the withdrawal of diplomats?

Will the scenario of closing the US embassy in Baghdad return after the withdrawal of diplomats?

4/12/2020 12:03

[Follow_Wine]
It seems that the Iraqi scene is still moving on a hot tin with regard to the relationship with Washington, where the administration of the outgoing US President Donald Trump decided to withdraw half of the American diplomats from its embassy in Baghdad.
US Ambassador to Baghdad Matthew Tueller commented Read more…

Foreign relations reveal why Washington has reduced the number of its diplomats from Iraq

Foreign relations reveal why Washington has reduced the number of its diplomats from Iraq

4/12/2020 18:00

[Baghdad-Where]
The Parliamentary Foreign Relations Committee revealed, on Friday, the reason for the US President Donald Trump’s administration to reduce US diplomats working in the Iraqi capital, Baghdad.
Committee Chairman Sherko Mirwais said, “Washington decided to reduce the number of diplomats working in the US embassy Read more…

A new crisis awaits salaries … It takes 45 days to vote on the budget

A new crisis awaits salaries … It takes 45 days to vote on the budget

12/4/2020 17:59

[Baghdad-Where]
A member of the Parliamentary Finance Committee confirmed, Friday, that sending the fiscal budget for 2021 to the House of Representatives and voting will take 45 days.
Sherwan Mirza said, “The Federal Cabinet will discuss tomorrow, Saturday, the federal budget for 2021,” explaining that Read more…

The US Consulate in Erbil is offering a reward of $ 5 million for this information

The US Consulate in Erbil is offering a reward of $ 5 million for this information

12/03/2020 14:50:53

(Baghdad: Al Furat News) The US Consulate in Erbil announced today, Thursday, that it has offered a reward of up to five million dollars for information that disrupts the sale or trade of oil and antiquities by the terrorist ISIS.
The consulate stated, in a statement, that “the rewards for justice program of the US government provides a reward of up to five million dollars for an information Read more…

Toller responds to Iraqi questions: I will continue to do my normal duties in Baghdad

Toller responds to Iraqi questions: I will continue to do my normal duties in Baghdad

12/03/2020 18:54:18

(Baghdad: Al Furat News) The US ambassador to Iraq, Matthew Tueller, confirmed, on Thursday, to continue his normal duties at the US embassy in the capital, Baghdad.
“Many of my Iraqi friends contacted me to inquire about press reports stating Read more…

Al-Kazemi government needs 87 trillion dinars in the 2021 budget

Al-Kazemi government needs 87 trillion dinars in the 2021 budget

Thursday 3 December 2020 | 03:16 pm

The Parliamentary Finance Committee accused the government of concealing the details of the 2021 budget and not disclosing its details, indicating that the government does not need more than 87 trillion dinars .

A member of the Finance Committee, Jamal Cougar, said that Read more…

Al-Bakhati: He warns of the “third loan”: a slippage of the local currency and a float of the dinar

Al-Bakhati: He warns of the “third loan”: a slippage of the local currency and a float of the dinar

2020-12-03

On Thursday, MP Jassim Al-Bakhati of the Al-Hikma Movement expressed his surprise at the government’s “desire” to obtain new borrowing to cover the expenses of the election commission, considering that the “third loan” indicates a “danger” to Iraq, which will lead to “slipping” the local currency and “floating” The dinar.

Al-Bakhati said in a press interview that “the government Read more…

Washington decides to reduce the number of its diplomats in Iraq

Washington decides to reduce the number of its diplomats in Iraq

12/3/2020 12:19

[Baghdad-Where]
Two senior Iraqi officials told “AFP”, on Wednesday night, that the United States is going to reduce the number of diplomats working in its embassy in Baghdad “in a temporary security measure.”
And the American Politico magazine reported earlier, Wednesday, that the administration of President Donald Trump had decided to Read more…

Parliament intends to read the election financing law and pass 4 laws at the Saturday session

Parliament intends to read the election financing law and pass 4 laws at the Saturday session

3/12/2020 14:47

[Baghdad – Where]
Parliament intends to discuss the law on financing the expenditures of the upcoming elections in Saturday’s session, in addition to voting on 4 laws.
The session’s agenda includes voting in principle on the draft refugee law, voting on the draft law on the accession of the Republic of Iraq to the Convention Read more…

The home is safer, “.. Iraqis are losing confidence in local banks

The home is safer, “.. Iraqis are losing confidence in local banks

12/02/2020 15:51:53

{Baghdad: Al Furat News} Businessmen in Iraq suffer from weak banking systems, which drives them to resort to banks in neighboring countries in their international commercial dealings, while many citizens do not trust them and save their money in their homes.
“The Iraqi banking systems are now far from international standards,” said economic expert and head of Read more…

The regional government decides to send a delegation to Baghdad .. and Barzani: This is what Al-Kazemi promised us

The regional government decides to send a delegation to Baghdad .. and Barzani: This is what Al-Kazemi promised us

12/02/2020 15:39:30

{Baghdad: Al Furat News} The Council of Ministers of the Kurdistan region held, today, Wednesday, its regular session headed by Prime Minister Masrour Barzani and in the presence of Deputy Prime Minister Qubad Talabani.
Barzani’s media office stated in a statement that Al-Furat News received a copy of it that “there is no party that cares about the lives and livelihood of citizens as much as the regional government, which has done everything in its power Read more…

Hard currency is smuggled abroad .. Companies are canceling themselves after stealing Iraqi money

Hard currency is smuggled abroad .. Companies are canceling themselves after stealing Iraqi money

WED, 02-12-2020, PM 6:39

A former member of the Anti-Corruption Council, Saeed Yassin Musa, revealed, on Wednesday, that there are shell companies in Iraq that practice money laundering, received contract money and smuggled abroad.

Moussa said in a televised interview, “The file of fictitious companies was opened in 2015 and it is assumed that these companies Read more…

Khashan: Al-Kazemi will not risk running in the next elections. He will definitely lose

Khashan: Al-Kazemi will not risk running in the next elections. He will definitely lose

Posted, 02/12/2020 20:28

[Baghdad-Where]
Future MP Bassem Khashan said, Tuesday, that Prime Minister Mustafa Al-Kazemi will not risk running in the next elections, for fear of losing.
Khashan said in an interview that, “In light of the accumulated mistakes of the administration Read more…

The Kurdistan government unveils a loan to cover the financial deficit and employees’ salaries

The Kurdistan government unveils a loan to cover the financial deficit and employees’ salaries

02/12/2020 18:40

[Baghdad_Where]
The Kurdistan Regional Government confirmed, today, Wednesday, that a delegation from the Kurdistan Regional Government will visit Baghdad soon to discuss the outstanding problems, while indicating that the Kurdistan Regional Government will borrow 355 million dollars Read more…

Barzani: We fulfilled all our obligations to reach a constitutional agreement with Baghdad

Barzani: We fulfilled all our obligations to reach a constitutional agreement with Baghdad

12/01/2020 13:58:18

(Baghdad: Al Furat News) The President of the Kurdistan Regional Government, Masrour Barzani, today, Tuesday, received the British Minister of State for the Middle East and North Africa James Cleverley, the British Minister of the Armed Forces James Hebe and the British Ambassador to Iraq Stephen Hickey.
The media office of the president of the regional government said in a statement, Al-Furat News received a copy of it, that “in the meeting, ways to strengthen relations between the Kurdistan region and Britain were discussed.”
The British delegation indicated, according to the statement, that “the British view with great respect Read more…

Justice wins a lawsuit in which Iraq set aside millions of dollars in compensation

Justice wins a lawsuit in which Iraq set aside millions of dollars in compensation

12/01/2020 17:10:44

{Baghdad: Al Furat News} The Ministry of Justice announced, on Tuesday, that it had won a lawsuit filed by the German company (ThyssenKrupp) against the Iraqi government, which avoided Baghdad paying huge financial compensation.
The Director General of the Legal Department, Hanan Munther Nassif, said in a statement that Al Furat News received a copy of, that “an arbitration decision was previously issued in 2007 condemning the Iraqi government Read more…