IRAQI DINAR POLITICS & ECONOMY

Al-Darraji: The size of financial corruption in the currency auction this year amounted to $ 495 million

Al-Darraji: The size of financial corruption in the currency auction this year amounted to $ 495 million

10/7/2020 11:13

Where’s News_Baghdad

a member of the Parliamentary Finance Committee, Muhammad Sahib Al-Darraji, said that financial corruption at the border crossings has reached 27 billion dollars since the beginning of this year and until now, while noting that the size of financial corruption in the currency auction Read more…

A trade conference next month to increase US investments in the region

A trade conference next month to increase US investments in the region

10/06/2020 13:34:29

(Baghdad: Al Furat News) The President of the Kurdistan Regional Government, Masrour Barzani, today, Tuesday, received Deputy Assistant Secretary of State for Iraq, David Copley.
A statement by the regional government stated that the two sides “discussed in the meeting attended by the US Consul General in Erbil Rob Waller the latest developments in the situation in Iraq and the region, and ways to consolidate relations between the Kurdistan region and the United States Read more…

Urgent Paying employees’ salaries, starting tomorrow, Wednesday

Urgent Paying employees’ salaries, starting tomorrow, Wednesday

10/06/2020 18:39:45

{Baghdad: Al Furat News} The Ministry of Finance announced that the salaries of employees will be paid, starting tomorrow, Wednesday.
“Based on the directives of Prime Minister Mustafa Al-Kazemi, the Ministry of Finance confirms that late payments of public sector salaries for the month of September will begin to be paid in full, Read more…

In numbers … Al-Darraji reveals the extent of financial corruption in currency auctions and outlets

In numbers … Al-Darraji reveals the extent of financial corruption in currency auctions and outlets

06-10-2020 11:48 AM

Baghdad / Al-Akhbariya

A member of the Parliamentary Finance Committee, Muhammad Sahib Al-Darraji, revealed, on Tuesday, the extent of financial corruption in the currency auction and border crossings in numbers, while the Prime Minister called for personal intervention in the Ministry of Finance’s management Read more…

Accumulating economic crises .. Will he declare bankruptcy in Iraq?

Accumulating economic crises .. Will he declare bankruptcy in Iraq?

10-6-2020

Researcher Shatha Khalil *

Iraq is facing a combination of severe shocks afflicting its economy, as the collapse in oil prices has greatly reduced the state’s fiscal budget revenues, the health crisis caused by COVID-19 and the lockdown measures necessary to contain the epidemic have dealt a severe blow to economic activities, especially Read more…

Al-Sujari explodes a scandal about Al-Halbousi: He concluded a fake contract with five billion dollars

Al-Sujari explodes a scandal about Al-Halbousi: He concluded a fake contract with five billion dollars

2020-10-06

On Tuesday, a member of Parliament, Ali Al-Sajari, exploded a heavy scandal involving Parliament Speaker Ali Al-Sajari, indicating that he had concluded a contract in favor of a fake subsidiary company related to feeding the Iraqi army worth five billion dollars.

Al-Sajri said in a tweet on his Twitter site, “To Brother Al-Kazemi in light of the salary crisis and instead of borrowing on you to fight corruption Read more…

Al-Kazemi forms a high committee to investigate “targeting Iraq’s security and its international obligations.”

Al-Kazemi forms a high committee to investigate “targeting Iraq’s security and its international obligations.”

06/10/2020 12:48

Ayna News / The Commander-in-Chief of the Armed Forces, Mustafa Al-Kazemi, formed a supreme military and security committee to investigate the bombing and targeting operations that took place in Baghdad and other cities during the past period.

The thing seen by the agency where News, that the Commission is investigating violations targeting Iraq ‘s security and prestige Read more…

Habib attributes the salary crisis to the loss of the state’s economic identity

Habib attributes the salary crisis to the loss of the state’s economic identity

6/10/2020 13:58

{Baghdad: Where News} The head of the Iraqi National Congress Party, which is part of the coalition of Iraqis, Aras Habib Karim, stressed the need to resolve the economic identity of Iraq in order to solve the financial crisis.

“We do not want the issue of delaying salaries to turn into a file that the Finance Ministry is throwing Read more…

Parliamentary Finance: The employees may receive two salaries this month

Parliamentary Finance: The employees may receive two salaries this month

10/05/2020 13:10:22

{Baghdad: Al Furat News} The Parliamentary Finance Committee confirmed, on Monday, the possibility of employees receiving two salaries during the current month.
The committee’s reporter, Ahmed Al-Saffar, said in an interview with Al-Furat News that “if the borrowing is approved and the financial liquidity is available, the employees are entitled to receive Read more…

The solution in the white paper .. An economist reveals a recipe for treating the financial crisis in Iraq

The solution in the white paper .. An economist reveals a recipe for treating the financial crisis in Iraq

10/05/2020 15:59:59

{Baghdad: Al Furat News} The economist Basem Jamil Antoine revealed, on Monday, the real solutions to get Iraq out of the financial crisis it is experiencing.
Antoine said in an interview with the Euphrates News Agency that “Al-Kazemi’s talk is real and realistic. The justification is that we had a budget of more than 90% that depended on oil revenues, which were estimated at 90 to 100 billion dollars, and now that the past nine months have not exceeded 30 billion Read more…

Five reasons facing the government reform paper … Financial reveal

Five reasons facing the government reform paper … Financial reveal

10/05/2020 18:14:57

{Baghdad: Al Furat News} A member of the Parliamentary Finance Committee, Jamal Cougar, revealed five reasons that stand in the way of the government reform paper.
Cougar said {to Euphrates News} that “there are several reasons that stand in the way of the government reform paper, the most prominent of which are five, which are: The political system was built on error, Read more…

Parliamentary Finance: Iraq possesses 40 enormous economic resources other than oil

Parliamentary Finance: Iraq possesses 40 enormous economic resources other than oil

05-10-2020 01:03 PM

Baghdad / Al-Akhbariya

Today, Monday, the Finance Committee confirmed that Iraq possesses 40 economic resources other than oil, while clarifying that most of these resources do not go to the budget, which caused the financial deficit.

Committee member Jamal Cougar said to “Al-Akhbariya”, that “Iraq has 40 enormous economic resources Read more…

Washington withdraws 2,500 troops from its forces in Iraq

Washington withdraws 2,500 troops from its forces in Iraq

10-5-2020

BAGHDAD – The United States withdrew 2,500 troops from Iraq, expressing to Baghdad “annoyance and concern” over the repeated targeting of diplomatic missions, according to a statement by the Iraqi Prime Minister.

Prime Minister Mustafa Al-Kazemi said in a televised interview Read more…

The Central Bank begins implementing steps to reform the banking sector

The Central Bank begins implementing steps to reform the banking sector

10/5/2020 9:13

Baghdad – Where News

Today, Monday, the Central Bank of Iraq began implementing its first reform steps for the banking sector, as it finished classifying private commercial and Islamic banks operating in Iraq according to a set of international standards as well as a number Read more…

Parliamentary Finance: The remaining deficit of the 2020 budget will reach 20%

Parliamentary Finance: The remaining deficit of the 2020 budget will reach 20%

Posted, 5/10/2020 20:47

[Baghdad-Where]
Member of the Parliamentary Finance Committee, MP Naji Ardis, confirmed, on Sunday, that the budget deficit for the remainder of 2020 will reach 20%.
Idris said that it is not possible to use the term budget for the remainder of the months of 2020, but rather Read more…

The Finance Committee diagnoses a defect in which the government has fallen into the issue of salaries and presents a method that saves a trillion per month

The Finance Committee diagnoses a defect in which the government has fallen into the issue of salaries and presents a method that saves a trillion per month

10/5/2020 11:11

BAGHDAD – Where News
The Finance Committee in the House of Representatives diagnosed, on Monday, a defect in which the government signed the issue of securing salaries, while presenting a method that saves one trillion dinars per month.
Committee member Naji Al-Saeedi said: “The government expected Read more…

Financial Committee on linking employee salaries to the borrowing law: Iraq will declare its bankruptcy within six months

Financial Committee on linking employee salaries to the borrowing law: Iraq will declare its bankruptcy within six months

10:22 – 10/04/2020

BAGHDAD – Mawazine News
The Parliamentary Finance Committee responded, on Sunday, to the Minister of Finance’s statement regarding linking employees’ salaries to the borrowing law, pointing out that borrowing will lead to bankruptcy in Iraq.
The committee said in a statement that Mawazine News received a copy of: “While we have long waited for the government and the Ministry of Finance to implement the provisions Read more…

Foreign Ministry: America’s initial decision to withdraw the embassy is a private matter, but it may not be in the interest of Iraq

Foreign Ministry: America’s initial decision to withdraw the embassy is a private matter, but it may not be in the interest of Iraq

10/04/2020 18:19:29

(Baghdad: Al Furat News) Foreign Minister Fuad Hussein received a phone call from German Foreign Minister Heiko Maas, and the conversation focused on bilateral relations and ties between the two countries, and the US administration’s initial decision to withdraw the embassy from Baghdad.
Hussein expressed, with the withdrawal of the Ministry of Foreign Affairs statement, “his concern about this decision, despite it being a sovereign decision Read more…

Allawi attacks Plashart: We demanded to replace her after the demonstrators let her down

Allawi attacks Plashart: We demanded to replace her after the demonstrators let her down

04-10-2020 12:23 PM

Baghdad / Al-Akhbariya

The leader of the National Coalition, Iyad Allawi, attacked the UN representative in Iraq, Jenin Blashart, reminding her of requests to replace her after “failing the demonstrators.”

Allawi said Read more…

The Iraqi President directs the Governor of the Central Bank to follow a balanced monetary policy

The Iraqi President directs the Governor of the Central Bank to follow a balanced monetary policy

04 October 2020 03:34 PM

Mubasher: The President of the Republic of Iraq, Barham Salih, received today, Sunday, at Baghdad Palace, the Governor of the Central Bank of Iraq, Mustafa Ghaleb Al-Kitab.

During the meeting, President Saleh stressed, according to a statement Read more…