Source: After voting on the budget, the exchange rate of $ 100 will rise to 150,000 dinars
02-03-2021 11:57 AM
An informed political source said today, Wednesday, that the exchange rate of the dollar will rise to 150 thousand dinars for the 100 dollars, calling for avoiding the matter to urgently question the Minister of Finance and return the exchange rate to 120 thousand.
The source said in a statement Read more…
Japan provides Iraq with 50 million US dollars to finance 11 major projects
02-03-2021 02:37 PM
The Japanese ambassador to Iraq announced today, Wednesday, that his country will grant Iraq 50 million US dollars in aid to finance 11 major projects.
The ambassador said, “The Japanese parliament approved an aid package for Iraq with a total value of 50 million US dollars on January 28, Read more…
The Central Bank of Iraq records a jump in its sales of hard currency
2021-02-03 00:55
Shafaq News / The Iraqi Central Bank’s hard currency sales resumed, on Wednesday, to rise again, by 26.47%, to reach $ 86 million.
The correspondent of Shafaq News Agency stated that the Central Bank of Iraq witnessed during its auction for the sale and purchase of foreign currencies today Read more…
The stability of the dollar in Iraq today
02/03/2021 10:49:21
{Baghdad: Al Furat News} The dollar exchange rate stabilized in Iraq today, Wednesday. Read more…
A legal expert demonstrates the parliament’s authority to change the budget and the region’s share
02/03/2021 12:31:40
{Baghdad: Al Furat News} A legal expert explained the authority of the House of Representatives to make a change to the draft federal budget law for 2021.
Tariq Harb said in a press statement, “The constitution prohibits the parliament from making changes to the draft budget law,” stressing that “the parliament members have no right Read more…
Deputy favors passing the budget with the approval of the region in the last moments
Wednesday 3 February 2021 | 1:20 PM
A member of the House of Representatives, Siham Shenoun, confirmed, on Wednesday, that the pressure exerted by the region on the Finance Committee is great, including the threat of the region’s representatives to boycott the voting session, but it will not affect the fairness of distribution .
Shannon said that “the region’s demands have been accustomed to them every year Read more…
Iraqi Dinar Guru opinions 2-2-2021
2-2-2021 Newshound Guru Jeff Article: “Parliamentary Finance meets with official from the World Bank” In the past they’ve never really had the World Bank and the IMF involved with budgets. The reason they have the World Bank involved with this one is because this budget is now linked to the rate change. It has reforms in it which the World Bank has financed. Because they financed the reforms they need to monitor what happens in Iraq financially because they have a vested interest…payments can only be paid back to the World Bank with internationally recognized currency. Read more…
Nazem reveals the most prominent decisions of the cabinet session: The government’s approach is brief on two matters
02/02/2021 17:42:00
(Baghdad: Al Furat News) The spokesman for the Council of Ministers and the Minister of Culture, Hassan Nazim, revealed the most important decisions of the Council’s session on Tuesday, while stressing that the government’s approach is brief and its mission Read more…
The Central Bank of Iraq sales of hard currency decreased by more than 20%
2021-02-02 02:20
Shafaq News / On Tuesday, the Central Bank of Iraq sales of hard currency decreased by 20.93%, to reach $ 68 million.
The correspondent of Shafaq News Agency stated that the Central Bank of Iraq witnessed during its auction Read more…
The dollar is dropping in Iraq
02/02/2021 11:03:51
{Baghdad: Al Furat News} The dollar exchange rate decreased slightly in Iraq today, Tuesday. Read more…
Parliamentary Finance: Parliament will vote on the budget completely
02/02/2021 13:34:59
{Baghdad: Al Furat News} A member of the Parliamentary Finance Committee expected, on Tuesday, that the committee would finish discussing the terms and articles of the draft federal budget law for the year 2021 during the current week.
MP Sherwan Mirza said in a press statement, “The House of Representatives is awaiting the end Read more…
Deputy: a shadow government that runs the parliament and the government, and there is no freedom of opinion for a deputy
Posted, 02/02/2021 19:48
[Baghdad_Where] The
MP for the Bayariq Al-Khair bloc confirmed, on Monday, the existence of a shadow government that runs the Council of Ministers and Parliament, while noting the absence of the members ’opinion to vote and take decisions.
Al-Khalidi said, “The decisions in the House of Representatives do not have the freedom to make decisions Read more…
The President of the Republic calls for expediting the approval of the budget to ensure the interests of Iraqis
2/2/2021 14:11
[Baghdad-Where]
President of the Republic, Barham Salih, stressed, on Tuesday, the importance of overcoming issues that delay the approval of the budget, calling for speeding up its passage in a manner that safeguards the interests of Iraqis.
Salih said, in a statement, during his meeting with the head and members Read more…
Iraqi Dinar Guru opinions 2-1-2021
2-1-2021 Newshound Guru MilititMan Article: “Al-Yasiri: The Central Bank’s initiatives have contributed to employing the unemployed and moving stalled projects” Quote: “the aim of changing the exchange rates is to support the Iraqi product in competition with imported products…He explained that “some sectors will respond immediately to this change…” I would have to agree that the response will be immediately. They change the exchange rate and the markets respond in like kind. And in a big way. Contracts will require it!!! imo.. The news is off the charts good…the way they are talking today and yesterday. Comprehensive development process have been on going and we are now finally see the fruit of it all! imo Read more…
The World Bank: A global initiative to recover smuggled Iraqi funds
Posted, 2021-02-01
Shafaq News / The World Bank confirmed that changing the exchange rate of the Iraqi dinar against the US dollar gives the state the ability to increase its revenues and face imports from abroad.
As he indicated that his financial portfolio in Iraq currently amounts to two billion dollars, he revealed a global initiative that the World Bank is working on to recover Read more…
A remarkable increase in the sales of the Central Bank of Iraq of hard currency
2021-02-01 00:52
Shafaq News / On Monday, the Central Bank of Iraq’s sales of hard currency increased by 26%, to more than $ 86 million.
The correspondent of Shafaq News Agency stated that the Central Bank of Iraq witnessed during its auction for the sale and purchase Read more…
A deputy is likely to hold a session Tuesday evening to vote on the budget
2021-02-01 02:19
Shafaq News / A deputy from the Parliamentary Wisdom bloc suggested, on Monday, that the parliament would hold a session tomorrow evening, Tuesday, to vote on the general budget law, while he confirmed the presence of parliament members in Baghdad.
Al-Hikma MP Ali Al-Badiri told Shafaq News Agency, “Most of the parliament members from various political blocs are currently in the capital, Baghdad, awaiting Read more…
The judiciary exposes the currency auction with surprising information
02/01/2021 10:04:04
{Baghdad: Al Furat News} The judiciary revealed that an investigation into the auction of foreign currency sale to the Central Bank of Iraq had reached an advanced stage, “revealing” surprising information about it.
In the wake of the recent economic repercussions in the country, and after a generalization directed by the Supreme Judicial Council, the investigation court specialized in combating money laundering began conducting an investigation Read more…
Kurdish tusk: Attending the interrogation session of the Central Bank governor is a “duty” … and legal measures against absentees
02/01/2021 16:51:17
{Baghdad: Al Furat News} The representative of the Islamic Group, Salim Hamza, stressed, on Monday, the importance of attending the interrogation session of the governor of the Central Bank, pointing to legal measures taken against absentees.
Hamza told {Al-Furat News} that “one of the actions and duties of the House of Representatives is to interrogate the executive authorities,” stressing that Read more…
Al-Muhammadawi calls for 9 amendments to the budget bill before voting on it
Monday 1 February 2021 | 02:57 PM
Today, Monday (February 1, 2021), the representative of the National Approach bloc, Jamal al-Muhammadawi, called for 9 amendments to be made to the draft budget law before voting on it.
Al-Muhammadawi said, in a statement, that “the most important amendments required to the 2021 budget are:
1. Abolishing the first paragraph of Article (11) that calculates Read more…
