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…
Iraqi Dinar Guru opinions 12-1-2020
12-1-2020 Intel Guru Frank26 “Deleting the zeros from the currency” what does that mean? It means collecting the notes that are out in the streets, under the beds of Iraqi citizens, the 3 zero notes that you have…the new exchange rate also lifts 3 zeros because the exchange rate .00085 becomes .85… Read more…
Iraqi Dinar/US Dollar auction results 12-1-2020
The results of the foreign currency sale window on Tuesday 1/12/2020, and executed today
Advertisement No. (4307) Read more…
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
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…
The high exchange rate of the dollar against the Iraqi dinar 12-1-2020
TUESDAY, 01-12-2020, AM 11:18
The exchange rate of the dollar rose in the main stock markets and local markets today, Tuesday (December 1, 2020). Read more…
Financial Advisor to Al-Kazemi: This is what Iraq needs to get out of its economic crisis
12-1-2020
Dr. Mazhar Muhammad Salih, the financial advisor to the Iraqi Prime Minister, is one of the most prominent economists and finance experts in Iraq, and he was the deputy governor of the Central Bank of Iraq, and he possesses broad and deep theoretical knowledge and practical experience in financial and banking activity in the country, and he holds a master’s Read more…
Parliamentary Finance submits a request to question the governor of the Central Bank
2020-12-01
The Parliamentary Finance Committee revealed, on Tuesday, that a formal request has been submitted to the Presidency of the House of Representatives to question the governor of the Central Bank.
Committee member Thamer Theban said in a press statement that “the coming days will witness an interrogation within the House Read more…
Parliamentary Finance stresses the need to reconsider the currency auction
01/12/2020 10:21
[Baghdad-Where]
The Finance Committee in the House of Representatives confirmed, on Tuesday, the need to reconsider the currency auction, while calling for it to be transferred to the Ministry of Finance.
A member of the committee, Ahmed Al-Saffar, said, according to the official agency, that “the issue of the currency window of the central bank does not exist Read more…
Postponement looms on the horizon .. The Commission calls on Al-Kazemi to postpone the “early” elections until September 2021
01/12/2020 15:16
[Baghdad-Where]
The Independent High Electoral Commission called on Tuesday, Prime Minister Mustafa Al-Kazemi to postpone the date of holding the elections to September of next year.
An informed source said that the Independent High Electoral Commission asked Prime Minister Mustafa Al-Kazemi, during its Read more…
The Iraqi government sets a new date for discussion of the 2021 budget bill
01/12/2020 17:42
[Baghdad-Where]
The Iraqi Council of Ministers postponed holding the session devoted to discussing the 2021 budget bill until next Saturday.
Cabinet spokesman, Minister of Culture, Tourism and Antiquities, Hassan Nazim, said in a press conference held today Read more…
Iraqi Dinar Guru opinions 11-30-2020
11-30-2020 Newshound Guru Breitling …People keep forgetting – the currency [Iraqi dinar] is undervalued. They devalued the currency. That’s not a market rate. They kept printing the currency. They even said that they were going to do that. And they did that. So when they say they want to add value to the currency, I believe them because they followed through on everything… they are going to add value to their currency. Read more…
Iraqi Dinar/US Dollar auction results 11-30-2020
The results of the foreign currency sale window on Monday 11/30/2020 and executed today
Advertisement No. (4306) Read more…
Parliamentary Finance: The proposal for the “white paper” to replace the currency requires a lot of money
2020-11-30 09:15
Shafaq News / The Parliamentary Finance Committee confirmed, on Monday, that the “white paper” submitted by the Prime Minister, Mustafa Al-Kazemi, includes a proposal to replace the currency, noting that this proposal requires a lot of funds to implement it.
It is noteworthy that the Iraqi Prime Minister, Mustafa Al-Kazimi, confirmed, last June, that the government had prepared a “white paper” for the upcoming reforms. According to the document, the proposed period for implementation is 3 years from 2021 to 2023.
Committee reporter Ahmed Al-Saffar told Shafaq News: That “the reform paper to address the financial crisis presented by the House of Representatives includes one of its points to review the exchange rate while studying the possibility of proceeding with steps to delete zeros, Read more…
Faily reveals shocking details about the currency auction and links it to the salaries of 200,000 employees
2020-11-30 09:11
Shafaq News / A member of the Parliamentary Economic and Investment Committee, MP Mazen Al-Faily, renewed his demand on Monday to stop the depletion of hard currency through the currency auction organized by the Central Bank of Iraq, stressing that specific banks belonging to political parties are the biggest beneficiaries of this auction.
Al-Faily said in a statement received by Shafaq News, “We renew our call to stop the depletion of hard currency in the selling auction, in which hundreds of billions of dinars are lost every month Read more…
Representative for the Democrat: The party is able to lead the region alone and close agreements in the areas of Article 140
Posted, 11/30/2020 22:15:01
(Baghdad: Al Furat News) The deputy of the Kurdistan Democratic Party, Ardalan Nur al-Din, announced, on Sunday, the ability of his party to lead the Kurdistan region alone, while he revealed close agreements regarding the areas of Article 140.
Nour al-Din told Al-Furat News that “the democrat can administer Kurdistan alone, as he won the largest number of votes and electoral seats in the center and the region. We did not seek the authorities, Read more…
The Parliamentary Investigation Committee on Electricity Contracts: We reached preliminary results and convictions
11/30/2020 15:21:24
{Baghdad: Al Furat News} The parliamentary committee charged with investigating the Ministry of Electricity contracts since 2003 revealed that it had reached “preliminary results.”
A member of the committee and head of the parliamentary services and reconstruction committee, Walid al-Sahlani, told {Al-Furat News}: “We cannot declare because we have a specific measure that we will take, and a formal agreement has become in this between the members Read more…
The decline in the exchange rates of the US dollar against the Iraqi dinar in the local markets
MONDAY, 11-30-2020, AM 11:42
The exchange rates of the dollar retreated in the main stock market and local markets after rising over the past two days, today, Monday (November 30, 2020). Read more…
Al-Kazemi directs to send the 2021 budget “immediately” to the Cabinet Secretariat
2020-11-30
Prime Minister Mustafa Al-Kazemi directed, on Monday, to send the draft federal budget law for 2021 “immediately” to the General Secretariat of the Council of Ministers for the purpose of scrutiny.
“The Prime Minister directed the Ministries of Finance and Planning Read more…
Legal move to investigate corruption of the currency sale window
2020-11-30
A document was published today, Monday, showing the Public Prosecution Office directing a letter to the Rusafa Investigation Court, which is concerned with issues of integrity, money laundering and economic crime, to take the necessary legal measures to investigate violations of the currency sale window.
According to the document, the Presidency of the Public Prosecution Office asked the court Read more…
