IRAQI DINAR POLITICS & ECONOMY

An informed source …. The termination of Khaled al-Ubaidi’s mandate came to dismiss Al-Halbousi and assign him to head the parliament

An informed source …. The termination of Khaled al-Ubaidi’s mandate came to dismiss Al-Halbousi and assign him to head the parliament

2020-10-29

An informed source said that the reason for ending Khaled al-Obeidi’s assignment from the Intelligence Agency and returning him to Parliament came as a prelude to taking over the presidency of Parliament and dismissing Muhammad al-Halbousi after the successive scandals of the latter Read more…

Al Kaabi threatens US forces with “fatal attacks”: What happened was just fireworks

Al Kaabi threatens US forces with “fatal attacks”: What happened was just fireworks

10/29/2020 11:24

[Baghdad-Where]

The leader of Harakat al-Nujaba, Akram al-Kaabi, threatened US forces in Iraq with “fatal attacks.”
Akram Al-Kaabi said, in a press conference from Tehran, the Iranian capital, that “the current measures of the Iraqi resistance against the United States are just fireworks,” vowing to operations he described as Read more…

Iraq … a strategic plan to operate and rehabilitate 285 factories

Iraq … a strategic plan to operate and rehabilitate 285 factories

08:54 – 10/28/2020

BAGHDAD – Mawazine News
The Ministry of Industry and Minerals developed, on Wednesday, a strategic plan to operate and rehabilitate its factories to provide and support the ration card materials with the participation of the private sector.
According to the official newspaper, Murtada Al-Safi, the director of the Ministry of Information, said, “The ministry has developed a large strategic plan Read more…

Iraq and the World Bank discuss the emergency loan to the affected areas

Iraq and the World Bank discuss the emergency loan to the affected areas

10/28/2020 18:10:52

{Baghdad: Al Furat News} The Minister of Water Resources, Mahdi Rashid Al-Hamdani, discussed with the head of the World Bank delegation to Iraq, Ramzi Numan, the emergency loan development project for the affected areas.
According to the ministerial statement, “Al-Furat News” received a copy of it, that “during the meeting, the stages of the emergency loan development Read more…

A member of Parliament reveals reasons that led to the rise in the dollar’s ​​exchange rate

A member of Parliament reveals reasons that led to the rise in the dollar’s ​​exchange rate

WEDNESDAY, 10-28-2020, PM 5:37

A member of the Parliamentary Finance Committee, Naji Al-Saeedi, said today, Wednesday, that the reason for the high exchange rate of the dollar in Iraq is the printing of the new currency without a balance covering it, and this is an explicit violation of the Central Bank Law No. 56 of 2004.

Al-Saeedi stated in a press statement, “The reason for the high exchange rate of the dollar in Iraq is that we use the new monetary Read more…

Economic strategy..the strategic policies of the state are guaranteed to improve the country’s currency

Economic strategy..the strategic policies of the state are guaranteed to improve the country’s currency

2020-10-28

Mohammed Al-Sabry ||

We are now suffering from weakness in all of our institutions, most of which are unstable, and when the military strategy turns from internal war to eliminate internal terrorism, the Ministry of Defense turns from defense at home to a regional deterrent force and has the power to attack, exposing the country to an invasion or bypassing by the neighborhood or from any ambitions. External and we have systems to block Read more…

Committee: The salary delay has nothing to do with the borrowing and loan law, it will not exceed 15 trillion

Committee: The salary delay has nothing to do with the borrowing and loan law, it will not exceed 15 trillion

10/28/2020 10:16

[Baghdad-Where]
The Finance Committee in the House of Representatives confirmed, on Wednesday, that the delay in salaries has nothing to do with the borrowing law, pointing out that the loan will not exceed 15 trillion dinars.
Committee member Jamal Cougar said, according to the official newspaper, that “the delay in salaries Read more…

Foreign Minister to his Dutch counterpart: The government has plans to hold early parliamentary elections

Foreign Minister to his Dutch counterpart: The government has plans to hold early parliamentary elections

10/28/2020 12:13

[Baghdad-Where]
Foreign Minister Fuad Hussein confirmed, Wednesday, to his Dutch counterpart that the Iraqi government has plans to hold early parliamentary elections.
A statement by the ministry stated, “Foreign Minister Fuad Hussein met with his Dutch counterpart Steve Block and a number of officials and diplomats, in Read more…

A parliamentary bloc submits 12 notes regarding the fiscal deficit financing law

A parliamentary bloc submits 12 notes regarding the fiscal deficit financing law

06:24 – 27/10/2020

BAGHDAD – Mawazine News
the head of the National Approach bloc, Ammar Tohme, presented, on Tuesday, 12 proposals regarding the financing of the fiscal deficit law.
Tohme said, in a statement that Mawazine News received a copy of: “We present the following notes on the Financial Deficit Financing Law:
1. The book of the Ministry of Finance on (9/1/2020) stated that the Accounting Department had financed approximately (49) trillion dinars for the period from 1/1/2020 until 9/1/2020, meaning that the funding rate was approximately Read more…

Parliamentary Finance reveals the number of double salaries and is likely to pay two salaries next month

Parliamentary Finance reveals the number of double salaries and is likely to pay two salaries next month

10/27/2020 09:16:32

{Baghdad: Al Furat News} The reporter of the Parliamentary Finance Committee, Ahmed Al-Saffar, revealed that there are 150,000 employees with double salaries, indicating that addressing this issue will save more than one trillion dinars per month.
Al-Saffar said in a press statement that “after examining the draft fiscal deficit law in the appendix of current expenditures, which includes 38 items, we found that some items could be postponed Read more…

Parliamentary Finance is calling for digital data that clarifies some details of spending and the size of the total deficit

Parliamentary Finance is calling for digital data that clarifies some details of spending and the size of the total deficit

10/27/2020 16:25:42

{Baghdad: Al Furat News} Today, Tuesday, the Parliamentary Finance Committee called on the government to provide digital data that clarifies some details of spending and the size of the total deficit.
A statement informing the Council, Al-Furat News received a copy of it, stated that “this came during the Presidency of the First Deputy Speaker of Parliament, Hassan Karim Al-Kaabi, chaired an expanded meeting of the Parliamentary Finance Committee, to discuss Read more…

New currency printing warning: Three classes will be affected

New currency printing warning: Three classes will be affected

TUESDAY, 27-10-2020, PM 12:22

The reporter of the Parliamentary Finance Committee, Ahmad Al-Saffar, warned, on Tuesday, of the danger of going to print a new currency to cover the financial deficit, noting that the first affected by the repercussions of inflation are those with limited and fixed incomes Read more…

Baghdad and Washington are discussing cooperation between the Iraqi judiciary and the American investigation authorities

Baghdad and Washington are discussing cooperation between the Iraqi judiciary and the American investigation authorities

10/27/2020 14:36

[Baghdad-Where] The
President of the Supreme Judicial Council, Judge Faik Zidan, discussed, on Tuesday, with the Ambassador of the United States of America in Baghdad, Matthew Toller, the exclusionary cooperation frameworks between the two alternatives.
The judicial flags said in a statement. “The President of the Supreme Read more…

Representative economics: We will not vote on the borrowing law except after making 3 important amendments

Representative economics: We will not vote on the borrowing law except after making 3 important amendments

10/26/2020 18:45

[Baghdad-Where]
Member of the Parliamentary Economic and Investment Committee, Representative Mahmoud Al-Zagrawi, confirmed, on Monday, that the vote on the fiscal deficit financing law will only take place after making 3 important amendments.

Al-Zagrawi said. “Parliament may discuss the law on financing Read more…

Parliamentary Committee: The Mineral Investment Law is ready for voting

Parliamentary Committee: The Mineral Investment Law is ready for voting

12:16 – 26/10/2020

BAGHDAD – Mawazine News
The Parliamentary Economic and Investment Committee confirmed, on Monday, that the Mineral Investment Law is ready for a vote on it, and it is likely that the law will be passed during the coming sessions.
Committee member Yahya Al-Ithawi said, according to the official agency, that “the mineral investment law is ready for voting, and it is expected to pass Read more…

Parliamentary Committee: 40 corruption files diagnosed by the Supreme Council for Combating Corruption

Parliamentary Committee: 40 corruption files diagnosed by the Supreme Council for Combating Corruption

10/26/2020 09:18:15

{Baghdad: Al-Furat News} The government program follow-up committee revealed, on Monday, the existence of 40 files of corruption diagnosed by the Supreme Council for Combating Corruption, while affirming its support for the government’s reform orientations.
Committee member Muhammad Shiaa Al-Sudani said, in a press statement, that “there are 40 files of corruption presented by the previous government that included a large amount of control measures, which are classified as clear corruption files Read more…

Parliamentary Finance expects the delay in paying salaries, but for this date

Parliamentary Finance expects the delay in paying salaries, but for this date

10/26/2020 15:45:49

{Baghdad: Al Furat News} The Parliamentary Finance Committee expected the delay in paying employees’ salaries for the month of October.
Committee reporter Ahmed Al-Saffar told Al-Furat News, “It is possible that the payment of the salary will be delayed for how many days, but if the financial deficit financing law is approved, there will be no delay in paying the salary until the end of this year.”
“I expect the law to be passed within Read more…

Iraqi MP: There is no financial crisis in the country, but rather corruption and mismanagement

Iraqi MP: There is no financial crisis in the country, but rather corruption and mismanagement

26 October 2020 11:24 AM

Mubasher: A member of the Iraqi parliament, Burhan Al-Mamouri, said that the country is not suffering from a financial crisis, but rather from corruption and mismanagement.

Al-Maamouri added, according to a statement by the Media Department of the House of Representatives, that Iraq is a country with multiple natural resources and diversified goods, and it has sources of financial revenues that make it at the forefront of the world’s richest countries.

Al-Mamouri indicated Read more…

Parliament: An agreement to pass the fiscal deficit law and the existence of hosting for the Ministry of Finance

Parliament: An agreement to pass the fiscal deficit law and the existence of hosting for the Ministry of Finance

10/26/2020 12:55

[Baghdad-Where]
The Parliamentary Finance Committee confirmed, on Monday, that there are hosting facilities for the Ministry of Finance and the banks that are nominated to borrow from them according to the new law, on which a first reading was read Read more…

Al-Kazemi: The majority of the peaceful demonstrators have proven their commitment and patriotism

Al-Kazemi: The majority of the peaceful demonstrators have proven their commitment and patriotism

10/26/2020 13:58

[Baghdad-Where]
Prime Minister Mustafa Al-Kazemi confirmed, on Monday, that the majority of the peaceful demonstrators have proven their commitment and patriotism.
Al-Kazemi said, in a tweet on the “Twitter” platform, “The Baghdad demonstrations were a peaceful remembrance of the October events. The majority of the peaceful demonstrators demonstrated Read more…