The Finance Committee warns: The 2021 budget may be canceled for this reason?
3/25/2021 15:11
[Baghdad-Where]
The Parliamentary Finance Committee warned, on Thursday, of indicators that may lead to the cancellation of the 2021 budget.
The deputy for the committee, Jamal Cougar, said, “The issue is not the issue of the region, and the region’s share is a peg, stressing that there are two wills in the Iraqi state, a will that does not want the elections to take place, nor for this government to succeed, nor to approve the budget and it has 3 arguments, Read more…
Iraqi Dinar Guru opinions 3-24-2021
3-24-2021 Newshound Guru Jeff This weekend nor the month of April Iraq isn’t going to do anything with the budget. They can’t. Iraq’s not going to do anything with the exchange rate because it’s the Central Bank that calls the shots. They’re the ones that are in charge of the monetary system. They’re autonomous from the government. They’re not going to adjust the rate at this time. The rate is going to remain where it’s going to stay because the central bank is using it as a tool to remove 3 zero notes out of circulation up until the point the rate changes. Read more…
Iraqi Dinar/US Dollar auction results 3-24-2021
The results of the foreign currency sale window on Wednesday 3/24/2021, and executed today
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Parliamentary Finance: The World Bank did not object to reducing the dollar’s price
12:18 – 24/03/2021
The information / Baghdad ..
The Parliamentary Finance Committee expected, on Wednesday, to agree to reduce the price of the dollar to 130 within the budget, indicating that the World Bank did not express any objection to reducing the price, unlike the Ministry of Finance, which is determined Read more…
“Fitch” amends the credit rating of Iraq to stable
2021-03-24 03:45
Shafaq News / Fitch, the international credit rating agency, has revised the outlook for Iraq to stable, and affirms its rating at B.
The agency, which is headquartered in New York and London, said in a report seen by Shafaq News that it “has adjusted the outlook for Iraq to stable from negative, but the dynamics of the political economy Read more…
Parliamentary Finance reveals: 3 points of contention that hinder passing the budget next Saturday … Know them
Wednesday 24 March 2021 | 12:15 p.m.
On Wednesday, a member of the Parliamentary Finance Committee, Muhammad al-Shabki, ruled out passing the draft federal budget bill for the country for the year 2021 at the parliament session next Saturday, while revealing 3 deep disagreements .
“The possibility of passing the budget bill in the parliament session next Saturday is very weak,” Shbaki said, noting that Read more…
Deputy: Raising the exchange rate of the dollar is a devastation to the poor and the blood of the Iraqi people cannot be accepted
Wednesday 24 March 2021 | 01:01 PM
Representative Mansour Al-Ba’ji called on all honorable representatives to take a serious stand in order to restore the exchange rate of the dollar to its previous price, as it harmed a large segment of the Iraqi people who had endured very great woes and woes and raised the exchange rate of the dollar, destroyed by the destruction Read more…
Iraq .. The decline in the exchange rate of the dollar
Wednesday 24 March 2021 | 10:27 a.m.
The exchange rates of the dollar decreased on Wednesday on the main stock exchange in Baghdad and the Kurdistan Region . Read more…
The Finance Ministry denies statements attributed to the minister about submitting his resignation in case the exchange rate changes
2021-03-24
Today, Wednesday, the Ministry of Finance denied statements attributed to its Minister, Ali Allawi, about submitting his resignation in case the exchange rate changed.
The ministry said in a statement that “some television channels, news agencies, and statements of some members of Parliament circulated news Read more…
Iraqi Dinar Guru opinions 3-23-2021
3-23-2021 Intel Guru Frank26 I made it very plain and simple…you’re now going to see articles talking about the exchange rate of the Iraqi dinar. There’s so many of them. Since we told you that 2 weeks ago you’ve got about 60 articles… Read more…
Iraqi Dinar/US Dollar auction results 3-23-2021
The results of the foreign currency sale window for Tuesday 3/23/2021, and executed today
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Advisor to Al-Kazemi: Iraq has not reached the stage of inflation, and prices have not risen dramatically
2021-03-23 02:19
Shafaq News / The Advisor to the Prime Minister for Financial and Economic Affairs, Mazhar Muhammad Salih, confirmed on Tuesday that Iraq has not reached the stage of inflation, indicating that we are still within the one decimal place.
Saleh said in an interview with Shafaq News; “Iraq still has not yet reached the stage of inflation, as we are still within the one-decimal place,” indicating that “before the dollar exchange rate was modified, inflation in Iraq was Read more…
MP: The government handed over to parliament a “worn out” copy of the budget, and its authors have no knowledge of the economy
2021-03-23 05:26
Shafaq News / On Tuesday, a member of the Iraqi parliament, Naim Al-Kaoud stated that obstructing the approval of the budget was the result of what the government presented to the Parliamentary Finance Committee, and while he indicated that the government presented a “worn out” version of the budget law, and pointed out that those who put the items were far away. Distance from the country’s economic and financial affairs.
Al-Kaoud, who is a deputy from Anbar Governorate, told Shafaq News: “The Finance Committee and the Presidency Read more…
A ‘very significant’ drop in the dollar exchange rate
TUESDAY, 23-03-2021, AM 11:31
The exchange rate of the dollar against the Iraqi dinar witnessed, on Tuesday, a significant decline in the Iraqi market. Read more…
They replied, if you could. The justifications for raising the dollar’s price are invalid, and this is our response
2021-03-23
Muhannad Al-Atabi
After the many discussions about the issue of raising the price of the dollar, and after voices aroused here and there defending the increase in the price of the dollar, I put before the eyes of the public opinion and those interested in following the merits of this issue a set of debates that nullify the justifications for raising the price of the dollar:
First:
Supporters of raising the price of the dollar claim that raising the price of the dollar contributes to encouraging and protecting the national product
* Here I say: Read more…
Al-Fath: We will not vote on the budget if the dollar exchange rate remains at 1450
2021-03-23
The Al-Fateh Alliance confirmed, Tuesday, that it is not ready to vote on the budget at next Saturday’s session in light of the dollar’s exchange rate remaining the same.
“The differences that caused the parliament session to be postponed are the region’s share of the oil sent to Baghdad and the Kurdistan government’s refusal to deliver the quantity demanded Read more…
Election Commission decides to cancel elections abroad
2021-03-23
The Independent High Electoral Commission decided, on Tuesday, to cancel the early parliamentary elections scheduled for next October abroad, attributing this to a number of obstacles and challenges.
The Commission said in a statement that “because of our deep belief in the participation of members of the Iraqi community in various countries of the world Read more…
Iraqi Dinar Guru opinions 3-22-2021
3-22-2021 Newshound Guru Pimpy There is a political block…that is refusing to vote. They’re boycotting unless the rate change is in there [The 2021 budget]. But what they’re demanding is it be restored to…1190 for one dollar. Some people thought that meant they would go back to the old rate. I would love it if they did that. Could they still do that? Yes. They might. But there is no indication that they will. Would they announce it? No. When Kuwait did their switch…in the news they told everybody that it wasn’t gonna happen for a while, then they turned around they did it the next day or the day after. Anything is possible but first and foremost we definitely got to make sure…what’s going on in Erbil/Baghdad get their things ironed out so we can get this budget passed…now they’re postponing the vote for one week… Read more…
Iraqi Dinar/US Dollar auction results 3-22-2021
The results of the foreign currency sale window on Monday 3/22/2021, and executed today
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Harb: The calls to dissolve parliament a day ago are laughable
03-22-2021 10:19 AM
Today, Monday, legal expert Tariq Harb considered that the calls to dissolve Parliament one day before the elections are something funny, in addition to being a constitutional violation, pointing out that these calls are intended to continue the power of the parties in Parliament to change the election results.
Tariq Harb said in a statement to “Tigris”, that “the calls to dissolve the House of Representatives one day before the elections are ridiculous, and they are an explicit Read more…
