The decline in oil prices.. Will the budget be reviewed?

The decline in oil prices.. Will the budget be reviewed?

3-17-2023

Information / Baghdad…
The decline in global oil prices generates a state of confusion in Iraq, as the government relies in preparing the budget on an approximate price of oil over the course of the fiscal year, as well as other expectations related to the fiscal deficit and the mechanism for overcoming it based on the increase in oil prices above Read more…

The Sudanese advisor reveals the content of the new agreement between Erbil and Baghdad and Kurdistan’s deposit of revenues

The Sudanese advisor reveals the content of the new agreement between Erbil and Baghdad and Kurdistan’s deposit of revenues

2023-03-17 06:14

Shafaq News/ Fadi Al-Shammari, the political advisor to the Prime Minister, Muhammad Shia’ Al-Sudani, stated, on Friday, that the agreement reached by Erbil and Baghdad within the draft budget law for the year 2023 leads to the Kurdistan Regional Government depositing all financial revenues in one central bank Read more…

The Iraqi government delivers the tripartite budget bill to Parliament

The Iraqi government delivers the tripartite budget bill to Parliament

2023-03-17 01:40

Shafaq News/ On Friday, Bassem Al-Awadi, the spokesman for the Iraqi government, announced that the draft federal budget law for the fiscal years 2023, 2024, and 2025 had been handed over to Parliament.

Al-Awadi said in a statement, “The handover took place yesterday evening, Read more…

Iraqi Dinar Guru opinions 3-16-2023

Iraqi Dinar Guru opinions 3-16-2023

3-16-2023 Intel Guru Frank26 Article: “The Central Bank of Iraq issues the third package to facilitate the procedures for obtaining US dollars” THE CENTRAL BANK ISSUES MANY NEW REFORM STEPS FOR THE NEW EXCHANGE RATE AND THE NEW CURRENCY! Read more…

Iraqi Dinar/US Dollar auction results for today 3-16-2023

Iraqi Dinar/US Dollar auction results for today 3-16-2023

The results of the foreign currency sale window, Thursday 3/16/2023
Announcement No. (4849) Read more…

Parliamentary and political movement to approve the oil and gas law.. 3 features of the project, most notably ending the disputes between Baghdad and Erbil

Parliamentary and political movement to approve the oil and gas law.. 3 features of the project, most notably ending the disputes between Baghdad and Erbil

2023-03-15 13:57

Shafaq News/ The head of the Parliamentary Oil and Gas Committee, Haibat al-Halbousi, revealed, on Wednesday, a parliamentary and political movement to pass the oil and gas law, which has been suspended for 18 years.

Al-Halbousi told Shafaq News Agency, “There is a parliamentary and political movement to bring the views Read more…

Warnings of the US ambassador’s moves…will bring more problems to Iraq

Warnings of the US ambassador’s moves…will bring more problems to Iraq

3-16-2023

Information / Baghdad…
A member of the Al-Fateh Alliance, Ali Al-Zubaidi, warned against the continuation of the movements of the US Ambassador, Elena Romanowski, and her meetings with Iraqi officials, pointing out that the continuation of the movements of this personality will create more problems Read more…

Al-Fateh: The State Administration Coalition supported Al-Sudani by repeating the budget for three years

Al-Fateh: The State Administration Coalition supported Al-Sudani by repeating the budget for three years

3-16-2023

Information / Baghdad..
The representative of the Al-Fateh Alliance, Aqil Al-Fatlawi, confirmed, on Thursday, that the repetition of the budget to be for three years was a political will, noting that the budget is subject to change and modification.

Al-Fatlawi said, in a statement Read more…

Parliamentary Legal: Six Challenges in the General Budget Law

Parliamentary Legal: Six Challenges in the General Budget Law

3-16-2023

Information / Baghdad..
On Thursday, a member of the Parliamentary Legal Committee, Representative Salem Al-Anbuge, identified six challenges in the General Budget Law for the year 2023.

Al-Anbuge said, in an interview with Al-Maalouma, that “the 2023 budget has not yet reached the House of Representatives, despite the vote on it Read more…

Planning: The primary production capacity of the Al-Faw Grand Port project is approximately 45 million tons annually

Planning: The primary production capacity of the Al-Faw Grand Port project is approximately 45 million tons annually

2023-03-16 05:56

Shafaq News/ The Ministry of Planning announced, on Thursday, that the primary production capacity of the Al-Faw Grand Port project ranges between (20-45) million tons annually.

The ministry said in a statement today that the field follow-up teams in its Government Investment Programs Department visited the Al-Faw Grand Port Read more…

With a “serious deficit.” Parliamentary finance suggests approving the budget before the holiday

With a “serious deficit.” Parliamentary finance suggests approving the budget before the holiday

2023-03-16 03:11

Shafaq News/ A member of the Parliamentary Finance Committee, Jamal Cougar, suggested today, Thursday, that the state’s federal budget for the current year be approved before Eid Al-Fitr, noting at the same time that there is a “serious deficit” in it.

Cougar said, in a statement received by Shafaq News Agency, that the budget may be approved before Eid Al-Fitr, stressing that Parliament Read more…

The governor of the central bank sets two goals for monetary policy in Iraq

The governor of the central bank sets two goals for monetary policy in Iraq

2023-03-16

Today, Thursday, the governor of the Central Bank of Iraq, Ali Al-Alaq, considered relying on the central bank to cover the general budget deficit as a “very dangerous” phenomenon that threatens monetary stability in Iraq.

Al-Alaq said in a speech during the Sulaymaniyah Forum, issued in a statement by the Central Bank, that “the monetary policy includes two basic goals: Read more…

The Central Bank of Iraq reveals the provision of electronic payment points at gas stations

The Central Bank of Iraq reveals the provision of electronic payment points at gas stations

2023-03-16

Today, Thursday, the Central Bank of Iraq revealed the names of the fuel filling stations on both sides of Karkh and Rusafa in the capital, Baghdad, which will provide electronic payment points (pos) early next month.

A bank statement stated that “a number of fuel filling stations have been identified Read more…

Parliamentary Legal: We will proceed to pass the budget and other legislation during the current month

Parliamentary Legal: We will proceed to pass the budget and other legislation during the current month

2023-03-16

The Parliamentary Legal Committee confirmed, on Thursday, its intention to pass the federal budget law and several other laws during the current month, indicating that Parliament is obligated not to enjoy any holiday without passing Read more…

Iraqi Dinar Guru opinions 3-15-2023

Iraqi Dinar Guru opinions 3-15-2023

3-15-2023 Newshound/Intel Guru Mnt Goat [via PDK] …in the news we witnessed yet another currency reform implemented by the CBI when the Central Bank decided in the ATMs to use only the local currency of the dinar. WOW! Previously they could use both dollars and dinars. I was also told by my CBI contact a week ago that they will soon be recalibrating the ATMs to dispense the lower denominations… Read more…

Iraqi Dinar/US Dollar auction results for today 3-15-2023

Iraqi Dinar/US Dollar auction results for today 3-15-2023

The results of the foreign currency sale window, Wednesday, 3/15/2023
Announcement No. (4848) Read more…

Al-Jubouri: All oil issues have been settled with the region, and we are waiting for implementation

Al-Jubouri: All oil issues have been settled with the region, and we are waiting for implementation

3-15-2023

Information / Baghdad…
The representative of the coordination framework, Thaer al-Jubouri, confirmed that the political parties were able to resolve the region’s share in the budget, the file of oil revenues, and the mechanism for its arrival in Baghdad without repeating the previous problems.

Al-Jubouri told Al-Maalouma, “The political parties have decided the issue Read more…

Parliamentary Finance: The deficit in the 2023 budget is worrisome

Parliamentary Finance: The deficit in the 2023 budget is worrisome

3-15-2023

Information / Diyala..
A member of the Parliamentary Finance Committee, Representative Mudar Al-Karawi, confirmed, on Wednesday, that the deficit in the 2023 budget is a matter of concern.

Al-Karawi said, in an interview with Al-Maalouma, that “the 2023 budget will reach the House of Representatives within the next 48 hours, among which it will be Read more…

Parliamentary committees are preparing for the arrival of the budget and making the necessary amendments

Parliamentary committees are preparing for the arrival of the budget and making the necessary amendments

3-15-2023

Information / Baghdad..
The representative of the Al-Fateh Alliance, Rafik Al-Salihi, confirmed, on Wednesday, the parliamentary committees’ readiness to receive the draft budget law, indicating that the project will be subject to careful discussion by the members of the parliament before Read more…

The Sudanese financial advisor identifies two directions for moving capital and developing the national market

The Sudanese financial advisor identifies two directions for moving capital and developing the national market

PM:03:48:15/03/2023

Today, Wednesday, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, identified two directions for mobilizing capital and developing the national market, while stressing that ensuring the security of national investment is Read more…