Deputy: The comprehensive reform paper will save more than $ 20 billion
03:40 – 26/06/2020
Baghdad – Mawazine News
Member of Parliament, Riyadh Al-Masoudi, confirmed that the comprehensive reform paper that the government intends to prepare will save more than $ 20 billion in non-oil revenues.
Al-Masoudi said: “The comprehensive reform paper is expected to reach parliament within 60 days,” noting that “this paper aims to prepare an integrated strategy Read more…
The central bank issues an explanation about the concept of foreign currency reserves
Posted, 2020-06-26
On Thursday, the Governor of the Central Bank of Iraq, Ali Al-Alaq, issued a clarification on the concept of foreign currency reserves and its uses.
Alaak said in a statement today that “with regard to the uses and concept of foreign currency reserves (cash, deposits, bonds, gold) with the central bank, Read more…
Kidding: By the end of this year, we will suffer a financial deficit of 40 trillion dinars
6/26/2020 14:02
[Baghdad_Eain]
Between a member of the Parliamentary Finance Committee Haneen Al-Qaddou, that Iraq will suffer from a budget deficit at the end of this year to reach 40 trillion dinars, stressing at the same time the need to control non-oil imports such as ports, taxes and collection to reduce the deficit to the natural limits.
Al-Kiddu said, “There are expectations that the government will present the budget on June 30 to the House of Representatives Read more…
The dollar is declining in Iraq today 6-26-2020
6/26/2020 14:33
[Baghdad_Eye]
Foreign currency markets in Iraq recorded, today, Friday, a decrease in the exchange rate of the US dollar against the Iraqi dinar.
The prices of buying and selling dollars in banking companies and offices are as follows: Read more…
An economist raises five reasons for wasting financial resources on Iraq
6/26/2020 16:01
[Baghdad_Eye]
Professor of Economics at the University of Basra, Nabil Al-Marsoumi, on Friday, presented five reasons for the continued waste of financial resources for Iraq.
The decree said, “Credits and bank transfers for the four months of this year, amounted to $ 13 billion, while customs duties collected Read more…
The National Coalition appeals to the United Nations and the international community regarding the situation in Iraq
6/26/2020 16:43
Ayna News – Baghdad
Al-Wataniya coalition sent a call to the United Nations and the international community on the situation in Iraq.
Al-Wataniya Coalition stated in a statement, “Today, the Iraqis were left alone to face the price of the failure to build a citizenship state for 17 years as a result of international and regional interventions that Read more…
Iraqi Dinar Guru opinions 6-25-2020
6-25-2020 Newshound Guru Pimpy Article “Iraq officially discloses the date for Al-Kazimi’s visit to Washington” This is big man. I don’t know why. Call me crazy it’s just a vibe that I have. I don’t know how to explain it but something tells me this visit is going to be the big visit. I think we’re gonna see some great things… hopefully Trump himself gets into this meeting and what we find out is they’re very happy about the progress that’s been made and we restore the sovereignty of Iraq and remove all restrictions off their currency and allow them then to trade on the Forex…it’ll change the rate of an Iraqi dinar if it gets on Forex. There has been a lot of really positive and good news. A lot of good positive vibes. I like what’s going on. I’m excited about it… Read more…
Central Bank of Iraq: $ 232.7 million in currency sales at Thursday’s auction
June 25, 2020 1:37 PM
RIYADH – Mubasher: The Central Bank of Iraq data showed, today, Thursday, a rise in currency sales of $ 11.33 million compared to the previous auction.
According to central data, the value of currency sales Read more…
Parliamentary Finance: Iraq borrowed 20 billion dollars until the end of the year … the worst step the government committed
09:03 – 25/06/2020
Baghdad – Mawazine News
member of the Parliamentary Finance Committee Abdul-Hadi Al-Saadawi confirmed, Thursday, that the borrowing law passed by parliament yesterday allowed the government to borrow until the end of the current year (for six months only and cannot after that), and with amounts confined to $ 5 billion in foreign loans and $ 15 billion in internal loans.
Al-Saadawi told a local radio, followed by Mawazine News, that “the borrowing law that Parliament passed yesterday allowed the government to borrow until the end of this year Read more…
Adi Awwad: Loans threaten Iraq’s currency reserves and the 2020 budget is stillborn
6/25/2020 23:59:15
{Baghdad: Al Furat News} The deputy of the Sadqoun bloc, Uday Awad, warned of the danger of lending to foreign currency reserves in Iraq.
Awad indicated to the {event} program broadcast on Al-Furat satellite channel this evening, Wednesday, that “the borrowing law allows the Council of Ministers the authority to borrow from inside and outside Iraq, therefore it is free to dispose of the money that it will borrow until Parliament added some paragraphs to the law, including Read more…
Dollar exchange rates against the Iraqi dinar in local markets 6-25-2020
THURSDAY, 25-06-2020, PM 12:54
The exchange rates of the dollar were stable on the Kifah Stock Exchange and local markets, Thursday, (June 25, 2020).
The prices of the Kifah Stock Exchange – Baghdad Read more…
Member of Parliamentary Finance: The Borrowing Law covers 3-month salaries, and June salaries can be distributed now
06/25/2020 09:51
Baghdad Today – Follow-up
The member of the Parliamentary Finance Committee, Siham Al-Aqili, confirmed on Thursday (25 June 2020) that the domestic and external borrowing law entered into force in order to provide the salaries for the month of June.
Al-Aqili said in a press statement, “The law of local and external borrowing entered into force immediately Read more…
Al-Kazimi threatens to campaign against corruption and stresses: We will control the borders of Iraq
06/25/2020 13:43
Baghdad today – Baghdad
Prime Minister, Mustafa Al-Kazemi, Thursday (25 June 2020), vowed to launch a major campaign against corruption in Iraq, stressing work on controlling external borders.
Al-Kazimi told reporters, “There is a campaign that will be launched Read more…
Kurdistan: We have financial benefits for Baghdad, regardless of the current crisis
6/25/2020 14:39
[Baghdad_Eyein] The Minister of Overseas Territories in the Kurdistan government, member of the Kurdish delegation Khaled Shawani, confirmed, on Thursday, that there are financial benefits to Kurdistan, regardless of the financial conditions the country is going through, while pointing to the availability of a serious will on both Read more…
Al-Salihi: Al-Kazemi deceived the Turkmen and did not fulfill his promise
6/25/2020 17:18 •
[Baghdad_ain] The
head of the Turkmen Front, Deputy Arshad al-Salihi, confirmed on Thursday that Prime Minister Mustafa al-Kazemi had deceived the Turkmen and did not fulfill his promise that he made before the parliament to support the Ministry of State for Turkmen Nationalism, noting that a communication took place between the Speaker of Parliament Read more…
Iraqi Dinar Guru opinions 6-24-2020
6-24-2020 Intel Guru Frank26 …my broker called me around 3:00 in the afternoon yesterday to say to me, ‘Frank, we’re putting a freeze on the selling of the Vietnamese dong.’ And I said, really? We already have a freeze on the Iraqi dinar…the liquidity of this currency was accomplished as a benchmark in order for them to come out with the Real Effective Exchange Rate of the Iraqi dinar…the Iraqi dinar…exchange rate for it is .000869741 somewhere in that ball park…so when you take that decimal point and move it over to the right 3 places…rounds out to about .86 cents and the goal is to get it to 1 dollar… Read more…
Iraqi Dinar/US Dollar auction results 6-24-2020
The results of the foreign currency sale window for Wednesday, June 24 2020, executed today
Announcement No. (4203) Read more…
A deputy calls Al-Kazemi not to conclude any agreement with the region until after the delivery of oil and ports
6/24/2020 09:47:45
{Baghdad: Al Furat News} Deputy Mansour Al-Baiji, Prime Minister Mustafa Al-Kazemi called for not to enter into any agreement with the Kurdistan region except after the region “complies” with the constitution and delivers oil and all its imports from the border ports and airports to the federal government at which time it is agreed with them.
Al-Baiji said in a statement that he received {Al Furat News} a copy of it, that “all Kurdish delegations that come to Baghdad Read more…
Parliament votes on the borrowing law to fill the budget deficit
6/24/2020 15:05:24
{Baghdad: Al Furat News} Today, Wednesday, the House of Representatives voted on a draft law that would allow the government to borrow internally and externally to cover the budget deficit.
The Parliamentary Chamber of the House of Representatives stated that “Parliament voted by a majority Read more…
Learn the exchange rates of the dollar in the Iraqi market today 6-24-2020
6/24/2020 12:16
[Baghdad-where]
The dollar exchange rates in Baghdad and a number of governorates are relatively stable today, Wednesday.
As the exchange rate of the dollar in Baghdad – Kifah Stock Exchange came as follows: Read more…
