IRAQI DINAR POLITICS & ECONOMY

Kuwait calls for a new approach in its entitlements to Iraq

Kuwait calls for a new approach in its entitlements to Iraq

2018/2/21 8:51

{International: Euphrates News} The State of Kuwait called for a new and innovative approach in dealing with its obligations and obligations on Iraq.
The Deputy Prime Minister and Foreign Minister of Kuwait, Sabah Khalid Al-Hamad Al-Sabah, in a press statement, “the international obligations and outstanding humanitarian issues relating to the Read more…

Al-Allaibi: Iraqi reserves may double due to investment in the sector

Al-Allaibi: Iraqi reserves may double due to investment in the sector

February 20, 2018 11:02 AM

Iraqi Position Network

Iraq’s oil minister said on Monday that Iraq currently has 145 billion barrels of proven reserves, but investment in the sector will increase at this rate to 250 billion barrels, while stressing the lack of discussion on exit from the current supply reduction agreement .

He added, “Allaibi” in a press statement by the “Iraqi position” that Iraq is fully committed Read more…

Abadi adviser: Gulf countries intend to extinguish debts owed by Iraq

Abadi adviser: Gulf countries intend to extinguish debts owed by Iraq

Posted, 2018-02-20

Special – Mawazine News
The economic adviser to the Prime Minister, the appearance of Mohammed Saleh, on Monday, Iraq is committed to the limits set for all countries on access to loans, while they revealed an intention by the Gulf countries to extinguish the debts owed by Iraq.
“Most of his debt goes back to the pre-1990 era, to the Iran-Iraq war, which has not been confirmed by the lack of documents to Read more…

Washington agrees to send US troops to “protect” the elections in Iraq

Washington agrees to send US troops to “protect” the elections in Iraq

19-02-2018 04:43 PM

The Euphrates –

A spokesman for the so-called “Nineveh Arab tribes” Muzahim al-Hewitt, the request for “official” to the US government includes sending US troops to oversee the upcoming parliamentary elections, stressing that the American side agreed to their request.

Al-Hewitt said active Sunni tribes and parties had submitted a unified request to the US government recently to send US troops Read more…

Disclosure of the date of voting on the budget of 2018

Disclosure of the date of voting on the budget of 2018

19-02-2018 02:10 PM

Baghdad News –

A member of the Finance Committee of Parliament Mahasen Hamdoun, said Monday that next Tuesday is the date of voting on the budget in 2018.

Hamadoun said in a press statement that ‘the Finance Committee continues its meetings to discuss the budget and will not clear things, Read more…

Abadi: The referendum had serious consequences for the region and we will open the airports of Kurdistan soon

Abadi: The referendum had serious consequences for the region and we will open the airports of Kurdistan soon

2018-02-19

Prime Minister Haider al-Abbadi said that some wanted to throw the sums of the Kuwait conference on Iraq so that corrupt people get the biggest part, while the referendum had serious consequences for the region, noting that the airports of Kurdistan will open soon.

“We do not want military forces to carry out any combat effort or any military effort,” Abbadi said in an interview with the German DW.

He added that “the Kuwait conference is a first stage, and there is Read more…

Kurdish bloc calls for internationalization of the issue of corruption in Iraq

Kurdish bloc calls for internationalization of the issue of corruption in Iraq

2018/2/19 9:37

[Oan- Baghdad]
called MP for the mass change, Hoshyar Abdullah, the United Nations and the international community, embassies and diplomatic missions to detect smuggled money from Iraq and facilitate the retrieval, stressing the need to internationalize the issue of corruption in Iraq and the formation of an international Read more…

Parliamentary finance reveals a request by the International Monetary Fund to Iraq related to oil

Parliamentary finance reveals a request by the International Monetary Fund to Iraq related to oil

2018-02-18 at 13:18 (Baghdad time)

Special – Mawazine News
A member of the Finance Committee MP Masoud Haider, on Sunday, the need to regulate taxes within a special law away from the general budget, noting that the International Monetary Fund demanded Iraq to increase non-oil revenue and turn its economy to non-oil, even partially by 20-25%.
“The government was clear to impose taxes on some private sectors Read more…

The World Bank refuses to hand over money to the Kuwait conference for Iraq and sets a condition for its disposal

The World Bank refuses to hand over money to the Kuwait conference for Iraq and sets a condition for its disposal

2018-02-18 at 16:19 (Baghdad time)

Baghdad – Mawazine News
A member of the Committee on Economy and Investment Representative Amer al-Fayez, Sunday, that the news that talked about the condition of the World Bank on the survival of the funds of the donors conference under his supervision is expected, indicating that Iraq is globally diagnosed high corruption index and therefore there is fear of handing over money.
Al-Fayez said in a press statement, “The subject of the World Bank’s Read more…

A party in the alliance reveals the near end of the crisis between Baghdad and Erbil

A party in the alliance reveals the near end of the crisis between Baghdad and Erbil

2018/2/18 10:50

[Ayna-affiliated]
Revealed the Iraqi National Congress, on Sunday, close to the end of the unresolved crisis between the federal government and the Kurdistan Regional Government.
The Secretary-General of the Party, Aras Habib said in a statement received by the agency all of Iraq [where] a copy of it, “The announcement of the sending of salaries of some employees of the Kurdistan region even before the completion Read more…

Iraq will reject the “bulk” of the loans of donor countries and the reason !!

Iraq will reject the “bulk” of the loans of donor countries and the reason !!

17-02-2018 01:34 PM

Baghdad News –

Al-Hayat newspaper reported Saturday that Prime Minister Haidar al-Abadi may reject the “bulk” of the donor countries’ loans that Iraq received at a donor conference held in Kuwait for reconstruction.

The newspaper quoted a source described as early in the Council of Ministers, saying that ‘Abadi, intends to reject the bulk of the loans granted to Iraq,’ indicating that ‘this comes in accordance with the instructions of the World Bank, which stressed the inability Read more…

Jubouri: There are 20 laws ready to vote and the finance has informed us that the end of the budget amendment

Jubouri: There are 20 laws ready to vote and the finance has informed us that the end of the budget amendment

2018-02-17

Speaker of the House of Representatives Salim al-Jubouri, on Saturday, the existence of 20 laws ready to vote, indicating that the Finance Committee informed him near the end of the budget law.

“There are more than 20 laws ready to vote,” Jubouri said during a parliamentary session held today.

Jubouri added that “the Finance Committee told us that within a week will end the amendment to the federal budget law for 2018,” pointing out Read more…

Al-Abbadi Advisor: Kuwait conference a solid start to attract global investment

Al-Abbadi Advisor: Kuwait conference a solid start to attract global investment

February 16, 2018 1:07 PM

Iraqi Position Network

The prime minister’s adviser on economic affairs, Mohammed Saleh, said Friday that the recent investment donors’ conference in Kuwait is a good beginning to attract global investment to Iraq after its historic victory over terrorism.

Saleh said in an interview with the “Iraqi position” that the Kuwait conference is a positive sign of openness to the world and keeping Read more…

Abadi stresses the need to complete the success achieved in the reconstruction conference

Abadi stresses the need to complete the success achieved in the reconstruction conference

Date Posted 16/02/2018 12:56 PM

Prime Minister Haider Abadi stressed the need to complete the success achieved during the Iraq Reconstruction Conference.

Abbadi, during his meeting with the Council of Ministers, held meetings with ambassadors, institutions and representatives of international organizations to start activating financial pledges and follow-up negotiations with international and national companies to start contracting with them on investment Read more…

World Bank reveals the nature of loans granted to Iraq

World Bank reveals the nature of loans granted to Iraq

Thursday, February 15, 2018 at 13:55 pm

Baghdad / Sky Press:

The World Bank revealed the nature of the loans it gives to Iraq and its financial ceilings, pointing out that it does not impose conditions on the Iraqi government, but is keen to achieve reforms that attract investment, while stressing his commitment to work with Iraq, whatever the need to build the state, provided that Read more…

UN expert: Demining of Mosul needs 10 years to multiply

UN expert: Demining of Mosul needs 10 years to multiply

2018/2/15 8:42

[Oan- follow – up]
expert in the demining of the United Nations , said that unexploded bombs remain scattered in the city of Mosul for a decade, jeopardizing a million civilians or more want to return to their homeland after the end of the control Daesh of the city, which lasted three years.
The destruction of Mosul has left an estimated 11 million tonnes of debris and two thirds of the explosive materials are believed to be Read more…

See: Budget 2018 Includes a 10% tax on sales and services of malls and barbershops

See: Budget 2018 Includes a 10% tax on sales and services of malls and barbershops

14-02-2018 02:10 PM

Baghdad News –

A document on Wednesday revealed a number of articles for the 2018 general budget, including a 10 percent tax on sales and services of malls, malls and barbershops.

According to the document, which obtained a copy of ‘Baghdad News’, Article 19 – First – A – provided that the continuation of the Read more…

Kuwait conference on reconstruction of Iraq concludes with contributions estimated at 30 billion dollars

Kuwait conference on reconstruction of Iraq concludes with contributions estimated at 30 billion dollars

2018/2/14 17:54

[Ayn-Baghdad]
Kuwaiti Deputy Prime Minister and Foreign Minister Sabah Khalid Al-Hamad Al-Sabah said at the end of the Kuwait International Conference for the Reconstruction of Iraq Read more…

Tillerson: US will remain Iraq’s closest ally

Tillerson: US will remain Iraq’s closest ally

14/2/2018 12:00 am

Announced the signing of a memorandum of understanding worth $ 3 billion with the Ministry of Finance
Kuwait / Morning follow-up
US Secretary of State Rex Tillerson announced the signing of a memorandum of understanding worth $ 3 billion to support Iraq in a number of projects, stressing the support of the US administration to Prime Minister Haider Abadi Read more…

America: Iraq a fourth solution with investments amounted to 20 billion dollars

America: Iraq a fourth solution with investments amounted to 20 billion dollars

Tuesday, February 13, 2018 at 10:41 am

Follow-up / Sky Press

The US Treasury Department announced on Tuesday that “the total investments of Arab countries in US Treasury bills and bills amounted to about 283.4 billion dollars by the end of last November,” pointing out that Iraq was the fourth solution with investments of 19.9 billion dollars.

According to the ministry’s data, 11 Arab countries invest funds Read more…