State law calls for reducing the price of the dollar and stresses: The citizen is a red line

State law calls for reducing the price of the dollar and stresses: The citizen is a red line

05:44 – 12/02/2021

Baghdad – Mawazine News,
the State of Law Coalition, demanded, on Friday, to reduce the exchange rate of the dollar, while stressing that the citizen is a red line.
“With the rise in the price of oil, we stand by the popular calls Read more…

Parliamentary Finance: a breakthrough regarding the talks on the Kurdistan share, and next week will witness its passage

Parliamentary Finance: a breakthrough regarding the talks on the Kurdistan share, and next week will witness its passage

02-12-2021 04:15 PM

The Parliamentary Finance Committee confirmed that next week will witness the vote on the draft federal budget law for 2021, confirming a major breakthrough in the Kurdistan talks.
A member of the Parliamentary Finance Committee, Shirwan Mirza, said in a statement, Read more…

Experts: Oil prices may rise to $ 100 a barrel next year

Experts: Oil prices may rise to $ 100 a barrel next year

2021-02-12

An expert in the oil markets suggested an issue, today, Friday, that the price of a barrel of oil will rise to the level of $ 100 next year, despite the oil markets being under pressure due to the Corona virus crisis.

Amrita Sen, chief oil analyst at Energy Aspects, said in an interview with Bloomberg, that “oil prices may rise to $ 100 a barrel next year Read more…

A parliamentary bloc submits three comments on the new materials added to the 2021 budget

A parliamentary bloc submits three comments on the new materials added to the 2021 budget

02/12/2021 15:44

[Baghdad-Where]
The National Approach Parliamentary Bloc presented, on Friday, three notes on the new articles added to the federal budget for the fiscal year 2021.
“One of the items added to the 2021 budget obliges the Ministry of Finance to reschedule the payment of installments Read more…

Iraqi Dinar Guru opinions 2-11-2021

Iraqi Dinar Guru opinions 2-11-2021

2-11-2021 Intel Guru Frank26 In case you missed it the CBI stopped the auctions…[Monday]. They can’t use the American dollar anymore…So what’s left to use? What’s left is the Iraqi dinar. But the Iraqi dinar has no value – not only for the citizens but also for the government to run its country especially with the budget at those astronomical numbers. The IMF knows this too. And the World Bank knows this too. Both of them have said very clearly Iraq is in the process of raising the value of their currency…the stoppage of the auctions is a step of the monetary reform of the Iraqi dinar…it is a crucial step in adding value, lifting the 3 zeros from their exchange rate and it’s being done. Read more…

A jump in the Iraqi Central Bank’s hard currency sales

A jump in the Iraqi Central Bank’s hard currency sales

2021-02-11 00:57

Shafaq News / The Central Bank of Iraq sales of hard currency increased, on Thursday, at the conclusion of the bank’s sessions for the current week, by 18%, Read more…

Warnings of the continued exit of hard currency from Iraq to other countries

Warnings of the continued exit of hard currency from Iraq to other countries

Thursday 11 February 2021 | 09:11 am

The economic expert, Ihssan Al-Kinani, warned that the continued exit of hard foreign currency from inside Iraq to the outside will have negative effects on the Iraqi economy, pointing out that any decrease in oil prices will have disastrous consequences for the loss of the currency .

Al-Kinani said that “the exit of foreign currency from Iraq has not noticed its Read more…

Dollar exchange rates against the Iraqi dinar

Dollar exchange rates against the Iraqi dinar

Thursday 11 February 2021 | 10:44 a.m.

The price of the dollar against the Iraqi dinar, and the prices of gold and oil globally on Thursday (February 11, 2021), according to the Iraqi Political Economic Center . Read more…

Parliamentary Finance announces the cancellation of all foreign loans in the 2021 budget

Parliamentary Finance announces the cancellation of all foreign loans in the 2021 budget

Posted, 11/2/2021

[Baghdad-Where]
The Parliamentary Finance Committee announced, on Wednesday, the cancellation of all foreign loans in the draft budget that was handed over to the government, indicating that any loan that the government will offer during the current year will be rejected.
A member of the Finance Committee, Ahmed Al-Saffar, said, “The last-minute amendments Read more…

Kurdish Bloc: A political attempt to rig the elections by insisting on excluding biometric voting

Kurdish Bloc: A political attempt to rig the elections by insisting on excluding biometric voting

11/2/2021 11:13

[Baghdad-Where] The
head of the Parliamentary Change Bloc in the House of Representatives, Yusef Muhammad, warned Thursday that some political blocs would risk the future of Iraq by insisting on not adopting the biometric card exclusively in the upcoming elections.
Muhammad said, in a statement. “Some political blocs wish to repeat the model Read more…

Iraqi Dinar Guru opinions 2-10-2021

Iraqi Dinar Guru opinions 2-10-2021

2-10-2021 Intel Guru Frank26 We believe this week you are going to start seeing articles once again about lifting the 3 zeros off the exchange rate… Read more…

Iraqi Dinar/US Dollar auction results 2-10-2021

Iraqi Dinar/US Dollar auction results 2-10-2021

The results of the foreign currency sale window on Wednesday 10/2/2021, and executed today

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The Chairman of the Finance Committee reveals what remains in the 2021 budget

The Chairman of the Finance Committee reveals what remains in the 2021 budget

02/10/2021 17:08:41

{Baghdad: Al Furat News} The head of the Finance Committee, Haitham Al-Jubouri, revealed the remaining amendments in the draft federal budget for the fiscal year 2021.
Al-Jubouri said in a press statement, Read more…

Representative economy: There is no change in the exchange rate of the dollar in the 2021 budget

Representative economy: There is no change in the exchange rate of the dollar in the 2021 budget

2021-02-10

A member of the Parliamentary Economic and Investment Committee, Salem Tahmir al-Tufayli, confirmed, on Wednesday, that the exchange rate of the dollar against the Iraqi dinar has been fixed in the 2021 budget, as sent by the government.

Al-Tufayli said in a press statement that “the budget sent by the government Read more…

Barzani clarifies regarding the sale of the region’s oil: Failure to reach an agreement with Baghdad will harm Iraq

Barzani clarifies regarding the sale of the region’s oil: Failure to reach an agreement with Baghdad will harm Iraq

10/2/2021 14:09

[Erbil-Where] The
President of the Kurdistan Regional Government, Masrour Barzani, explained on Wednesday regarding the sale of the region’s oil, pointing out that failure to reach an agreement with Baghdad will harm all of Iraq.
Barzani said during a press conference, “The regional government is still discussing with Baghdad the files of the budget Read more…

Iraqi Dinar Guru opinions 2-9-2021

Iraqi Dinar Guru opinions 2-9-2021

2-9-2021 Newshound/Intel Guru Petra BUNA is a mechanism. It is a method by which the Arab Monetary Fund, which owns the BUNA platform regulates trade within the 20+ Arab countries…all these currencies are all part of the BUMA platform. That is the mechanism that those organizations trade within their countries and outside their countries in the international market place…using a very fast method of transferring inter currency moneys. What’s important is Iraq joined this platform on January 4th this year. Read more…

Iraqi Dinar/US Dollar auction results 2-9-2021

Iraqi Dinar/US Dollar auction results 2-9-2021

The results of the foreign currency sale window for Tuesday 9/2/2021, and executed today

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Cabinet spokesman: The government has received the 2021 budget amendments and studied them in two days

Cabinet spokesman: The government has received the 2021 budget amendments and studied them in two days

02/09/2021 18:31:21

{Baghdad: Al Furat News} The spokesman for the Council of Ministers and Minister of Culture, Hassan Nazim, announced on Tuesday that the government had received the amendments to the federal budget for 2021 from the Parliamentary Finance Committee.
Nazem said during the weekly press conference, “The government received the 2021 budget with amendments Read more…

A decisive week awaits the Iraqi budget and the disagreement of Kurdistan’s share is shrinking to two articles

A decisive week awaits the Iraqi budget and the disagreement of Kurdistan’s share is shrinking to two articles

2021-02-09 02:15

Shafaq News / Representatives from a different bloc confirmed, on Tuesday, that this week will be crucial for approving the 2021 budget, noting that MPs from some other blocs and the Parliamentary Finance Committee oppose the approval of two budget articles related to the Kurdistan Region’s share.

The deputy of the Kurdistan Democratic Party, Dana al-Katib, said in a statement Read more…

The dollar is rising in Iraq

The dollar is rising in Iraq

02/09/2021 10:40:21

{Baghdad: Al Furat News} The exchange rate of the dollar rose in Iraq today, Tuesday. Read more…