A government clarification regarding the size of expenditures and revenues in the budget

A government clarification regarding the size of expenditures and revenues in the budget

2023-01-15

On Saturday, the Ministry of Finance issued a clarification regarding the expected expenditures and revenues within the budget for the year 2023.

The ministry said in a statement that it “monitored many false and incorrect information circulating on social media platforms regarding the volume of Read more…

Iraqi Dinar Guru opinions 1-14-2023

Iraqi Dinar Guru opinions 1-14-2023

1-14-2023 Newshound Guru Pimpy Article: “Government movement to complete the requirements for Iraq’s accession to the World Trade Organization” This is a biggie…this is going to affect their currency in a positive way because now they are going to be a much bigger player on the International scene. This also allows them certain privileges especially ones that affect their exchange rate…looks like they’re getting ready to finalize, at least this next stage they want to complete by this year. The future for Iraq is looking really good. It really is. Read more…

Currency auction in Iraq.. Total sales drop to 360 million dollars in a week

Currency auction in Iraq.. Total sales drop to 360 million dollars in a week

2023-01-13 22:16

Shafaq News/ The total sales in the currency auction of the Central Bank of Iraq amounted to 360 million dollars during the past week.

Shafaq News agency reporter stated that the Central Bank sold during the past week for the five days in which the auction was opened, starting from Read more…

Al-Darraji: The presence of two prices for the dollar portends a “dangerous” situation

Al-Darraji: The presence of two prices for the dollar portends a “dangerous” situation

1-14-2023

Information/Baghdad..
Former MP and Minister Muhammad Sahib al-Darraji warned, on Saturday, of a “dangerous situation” for the Iraqi economy due to the existence of two prices for the dollar.
Al-Darraji said in a tweet on Twitter, “The uncontrolled rise of the dollar must be Read more…

Deputy: The date for approving the budget will not exceed next month

Deputy: The date for approving the budget will not exceed next month

1-14-2023

Information / Baghdad ..
The representative of the Kurdistan Democratic Party bloc, Mahma Khalil, confirmed, on Saturday, that the approval of the 2023 budget law will not exceed the month of next February, indicating that there are no major obstacles Read more…

Sudanese advisor: The spending ceiling for the budget will reach 200 trillion dinars

Sudanese advisor: The spending ceiling for the budget will reach 200 trillion dinars

1-14-2023

Information / Baghdad..
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, suggested, on Saturday, that the spending ceiling for the current year 2023 budget will reach the barrier of 200 trillion dinars, specifying three directions that will be supported in the event of Read more…

Because of the dollar crisis.. Parliament intends to host Al-Sudani, the governor of the Central Bank and the Minister of Finance

Because of the dollar crisis.. Parliament intends to host Al-Sudani, the governor of the Central Bank and the Minister of Finance

2023-01-14

A member of the House of Representatives, Aqil Al-Fatlawi, revealed today, Saturday, the existence of a movement by members of the House of Representatives to host the Prime Minister, Muhammad Shia Al-Sudani, the Governor of the Central Bank and the Minister of Finance, to discuss Read more…

Iraqi Dinar Guru opinions 1-13-2023

Iraqi Dinar Guru opinions 1-13-2023

1-13-2023 Newshound/Intel Guru Mnt Goat Article: “HOW IRAQ IS PAID FOR ITS OIL AND WHERE THE MONEY GOES…HOW THE PROCESS GOES” …the daily transactions of dinar to dollars should be just enough to pay for imports needed for the economy of Iraq. The CBI knows what this amount is. We have been told it is about $20-30 million a day and so getting it down to this amount from $200 tells us lots of the past stolen money is no longer funneling out of Iraq. This is due mainly from the new currency auction platform recently put in place. Read more…

Can Article 140 be applied at the present time? A legal expert explains

Can Article 140 be applied at the present time? A legal expert explains

1-13-2023

Information / Baghdad..
On Friday, legal expert Ali Al-Tamimi explained the measures to be taken by the government and the legislative authority in order to solve the problem of Article 140 and the disputed areas.

Al-Tamimi said in an interview with Al-Maalouma, “The Federal Court, in its decision No. 71 of 2019, affirmed the survival of Article 140 of the constitution Read more…

Independent deputy: We are determined to find solutions to the exchange rate of the dollar

Independent deputy: We are determined to find solutions to the exchange rate of the dollar

1-13-2023

Information / Baghdad..
Independent MP Kazem Al-Touki confirmed, on Friday, that there are parliamentary moves to find remedies and solutions to the crisis of the high exchange rate of the dollar, pointing to the presence of merchants and owners of capital, as well as moves from Washington to raise the value of the dollar Read more…

Al-Fateh: America exerted pressure from the first moment of Al-Sudani’s assumption of power

Al-Fateh: America exerted pressure from the first moment of Al-Sudani’s assumption of power

1-13-2023

Information / special.
A member of the Al-Fateh Alliance, Salam Hussein, confirmed, on Friday, that America is exerting pressure on Iraq, especially after the Sudanese takeover of power, pointing out that Washington is using the dollar as a pressure card on Read more…

A researcher puts forward a “terrifying” scenario regarding 90% of the Iraqi currency issues..they were damaged or fled abroad!

A researcher puts forward a “terrifying” scenario regarding 90% of the Iraqi currency issues..they were damaged or fled abroad!

2023-01-13

Yes Iraq: Baghdad
Today, Friday, economic researcher Manar Al-Obeidi put forward a disturbing hypothesis about 90% of the Iraqi currency printed by the Central Bank, which is outside the banking system, as he indicates that this money may not be hoarded by the Iraqis already, but may have been destroyed Read more…

America is using the currency weapon against Iraq, and the parliament is preparing for confrontation to thwart Washington’s project

America is using the currency weapon against Iraq, and the parliament is preparing for confrontation to thwart Washington’s project

1-13-2023

Information / Baghdad..
America continues to take its unannounced financial measures against Iraq with the aim of exerting pressure on the government after it came to disappoint its expectations and went towards Iraq’s interest in contracting and completing service projects and heading towards Read more…

Al-Fateh: Selling oil in currencies other than the US dollar is very possible

Al-Fateh: Selling oil in currencies other than the US dollar is very possible

1-13-2023

Information / Baghdad…
The leader of the Al-Fatah Alliance, Uday Abdul-Hadi, confirmed on Friday that selling oil in currencies other than the US dollar is very possible.
Abdel-Hadi said in an interview with Al-Maalouma, that “Washington’s exploitation of the dollar in an attempt to impose its agenda on countries, rob their economic Read more…

State of Law: The 2023 budget will pass in record time

State of Law: The 2023 budget will pass in record time

2023-01-12 09:25

Shafaq News/ A member of the Iraqi Parliament for the State of Law Coalition, Firas Al-Maslamawi, announced Thursday, that the Parliament is seeking to pass the 2023 budget in a record time as soon as it arrives from the government, while he indicated that the amendments Read more…

Al-Fateh: The return of “Siemens” will break Washington’s veto over the energy file

Al-Fateh: The return of “Siemens” will break Washington’s veto over the energy file

2023-01-13

The leader of the Al-Fateh Alliance, Uday Abdul-Hadi, confirmed, on Thursday, that the return of the German company Siemens to Iraq will lead to breaking Washington’s veto.

Abdul-Hadi said in an interview with Al-Maalouma, “Washington adopts a multi-directional agenda in Iraq, the most prominent of which is keeping the electric power file chaotic by thwarting Read more…

Iraqi Dinar Guru opinions 1-12-2023

Iraqi Dinar Guru opinions 1-12-2023

1-12-2023 Newshound/Intel Guru Mnt Goat “THE SUDANESE GOVERNMENT OBLIGES ALL OF ITS INSTITUTIONS TO DEAL IN THE IRAQI DINAR” It’s definitely a move in the right direction but still they need to create a demand for the dinar from outside of Iraq thus eliminate the need to exchange the dinar for dollars to spend on obligations and purchases outside of Iraq…The pieces are all in place and so when will they pull the trigger? Read more…

Iraqi Dinar/US Dollar auction results for today 1-12-2023

Iraqi Dinar/US Dollar auction results for today 1-12-2023

The results of the foreign currency sale window, Thursday 1/12/2023
Announcement No. (4805) Read more…

Within 11 months.. about 150 trillion dinars, Iraq’s revenues last year

Within 11 months.. about 150 trillion dinars, Iraq’s revenues last year

2023-01-12 00:09

Shafaq News/ The Iraqi Ministry of Finance revealed, on Thursday, that the state’s revenues during the past year amounted to nearly 150 trillion dinars, and a financial surplus exceeded 55 trillion dinars, within 11 months.

According to tables and data issued by the ministry, Read more…

An economist warns of smuggling dollar currency through remittances

An economist warns of smuggling dollar currency through remittances

1-12-2023

Information / Baghdad…
The economic expert, Nasser Al-Kinani, warned against smuggling the dollar currency through private exchange transfers, pointing to the importance of opening credits for merchants and transferring the dollar to the country from which it is Read more…