Developments in the “theft of the century”… putting “red lines” around officials in Al-Kazemi’s government
2023-08-06
Today, Sunday, the head of the Integrity Commission, Haider Hanoun, sent a message to those accused of stealing tax secretariat money, or as it is known as “theft of the century,” while confirming the status of “red lines” around officials in the former government of Mustafa Al-Kazemi.
Hanoun said in a press conference, “The issue of tax secretariats is the largest corruption case discovered to date,” considering it Read more…
Iraqi Dinar Guru opinions 8-5-2023
8-5-2023 Newshound/Intel Guru Mnt Goat This week I had an interesting conversation with my CBI contact in Iraq. I was told to expect yet another “official” rate change of the dinar from the 1320 rate. I was told the new measures were trying to get as close to 1000 rate as possible. I asked about a more specific number, but I could not get a commitment on the actual range. However, I was told that the measures to be taken in the coming weeks should move the dinar within this range. Read more…
Parliamentary Finance: The budget will be implemented during the current week
8-5-2023
Information / Baghdad..
The Parliamentary Finance Committee confirmed, on Saturday, that the federal budget law for the next three years will enter into force during the current week, pointing out that the budget instructions will be circulated to all Read more…
Why was the oil and gas law not legislated in Iraq previously?.. Political differences 18 years ago
2023-08-05 | 03:42
Political disagreements over the issue of managing the oil fields of the Kurdistan region of Iraq prevented a vote on the oil and gas law, despite its economic importance, which has been pending legislation in parliament since 2005, which stipulates that the responsibility for managing the oil fields in the country should be Read more…
Parliamentary move to host the governor of the Central Bank and the Minister of Finance
8-5-2023
Information / Baghdad..
A member of the Parliamentary Legal Committee, Ahmed Fawaz Al-Watifi, confirmed, on Saturday, the existence of a parliamentary move to host the governor of the Central Bank and the Minister of Finance in Parliament during the upcoming Read more…
A new statement from the Central Bank on the exchange rate and commercial transactions
2023-08-05
Friday, the Central Bank of Iraq confirmed that the exchange rate presented in applications and communication sites is not real, and there is one price that is the official one, while stressing that it is not permissible to carry out sales in dollars Read more…
Iraqi Dinar Guru opinions 8-4-2023
8-4-2023 Intel Guru Frank26 What is Article 304? To protect the dinar… Since when do you protect toilet paper? Since when do you protect used toilet paper that’s already been flushed down the toilet? Never. You’re going to release 304 right now? What for? Have you done it the years before? No. Have you done it decades before? No…Sudani is arresting people left and right, backwards and forwards, up and down…because he’s not messing around anymore with those that are delaying the monetary reform. Read more…
Parliamentary movement and political emphasis on the need for the oil and gas law to reach agreement between the various parties
8-4-2023
Information / Baghdad…
Many political parties affirm their insistence on passing the oil and gas law in order to regulate the relationship between the center and the region in the oil file, as well as to ensure that each province receives its entitlements and to ensure a fair distribution of Read more…
An economist warns of the “extremely dangerous” paragraph in the recent statement of the Central Bank
2023-08-04 03:58
Shafaq News/ The economist, Shawan Al-Zangana, warned, on Friday, against limiting merchants’ remittances in hard currency, represented in US dollars, through the electronic platforms of the Central Bank of Iraq, saying that this measure will lead to stopping the entry Read more…
Central Bank: New decisions will be issued next week that may contribute to lowering the exchange rate
2023-08-04
Thursday, the Central Bank identified three categories of exchange companies for selling dollars to travelers, and while revealing a proposal regarding the entry of imported goods through border crossings, it indicated that there are new decisions that will be issued next week that may contribute to Read more…
Iraqi Dinar Guru opinions 8-3-2023
8-3-2023 Intel Guru Frank26 Article quote: “304…which stipulates the punishment and the imprisonment of anyone who publicly broadcasts or fabricates the facts or allegations that would be causing a decline in the national bank note or weakening the confidence in the state’s currency and its bonds.” That language says we’re coming out with a new exchange rate with a new currency and don’t you dare touch it Iran. That’s what it says. That’s what it’s for…this article is powerful. The timing is amazing. Read more…
Iraqi Dinar/US Dollar auction results for today 8-3-2023
The results of the foreign currency sale window, Thursday, 8/3/2023
Announcement No. (4936 ) Read more…
Al-Fateh: The oil and gas law needs political consensus before it is passed
8-3-2023
Information / Baghdad…
A member of the Al-Fateh Alliance, Ali Al-Zubaidi, confirmed, on Thursday, that the oil and gas law needs a political consensus between the various parties in order to ripen it and proceed with its legislation in parliament, pointing out that the law Read more…
The Central Bank announces the re-operation of exchange companies that were previously deprived of dealing in dollars
8-3-2023
Information / Baghdad..
The Central Bank announced, today, Thursday, the re-operation of exchange companies that were previously deprived of dealing in dollars.
And the bank’s media stated, in a statement received by the “information” agency, that “the Central Bank of Iraq announced the re-operation of a large number Read more…
A deputy reveals the members of the committee set up by Al-Sudani regarding the oil and gas law
2023-08-03 04:46
Shafaq News/ The representative of the State of Law Coalition, Firas Al-Maslamawi, revealed on Thursday the members of the committee that Prime Minister Muhammad Shia Al-Sudani announced yesterday, Wednesday, to form it in a meeting in the presence of the advanced cadres and the Ministry of Oil, the concerned and specialized Read more…
The Iraqi Central Bank asks banks to increase their capital or “merger and liquidation”
2023-08-03 03:08
Shafaq News/ The Central Bank of Iraq asked local and foreign banks to increase their capital, or to “merge or liquidate” in case they are unable.
A document issued by the bank, seen by Shafaq News agency, showed that, “Based on the decision of the bank’s board of directors No. 27 of 2023 in its session numbered 1628 held on 7/18 2023, it was decided Read more…
The Central Bank of Iraq issues a new statement regarding dealing in dollars and the exchange rate
2023-08-03 03:27
Shafaq News/ The management of the Central Bank of Iraq considered, on Thursday, what is being traded in the markets of the exchange rate of the dollar against the dinar by speculators “illegitimate”, calling for the need for all parties to join hands to achieve stability in the exchange rate, especially that Iraq has Read more…
Confirming the news of Shafaq News.. Al-Sudani directs the formation of a permanent committee to address the “obstacles” in the banking sector
2023-08-03 03:07
Shafaq News/ The Iraqi Prime Minister, Muhammad Shia’a Al-Sudani directed, on Thursday, the formation of a permanent committee to address the “obstacles” in the banking sector.
Earlier on Thursday, a government source revealed to Shafaq News Agency a number of directives taken by the Prime Minister, Muhammad Shia’a Al-Sudani, Read more…
The government explains in detail the decision to demarcate the border with Kuwait issued in 1994
2023-08-03
Wednesday, the government clarified in detail the decision to demarcate the borders with Kuwait issued in 1994.
Government spokesman Basem Al-Awadi told the official agency: “The Iraqi-Kuwaiti border file has been turned from 2003 until now into a file of political Read more…
Iraqi Dinar Guru opinions 8-2-2023
8-2-2023 Newshound/Intel Guru Mnt Goat There is so much we are not being told and probably will not know until one morning we wake up and find that FOREX has been updated and the dinar reinstated. But remember also they can not just pop it out there either since they must follow the process of deleting the zeros…The RV is coming but I refuse to hype up events and lie to you. WE must relax and let it come to us. Read more…
