Parliamentary Finance announces the date of the first reading of the Budget Law in Parliament
01/05/2021 16:32:14
{Baghdad: Al Furat News} The Parliamentary Finance Committee announced, on Tuesday, the date of the first reading of the General Budget Law in the House of Representatives.
A member of the Parliamentary Finance Committee, Ahmad Al-Hajj, told {Al-Furat News} that “it is hoped that the House of Representatives will present the general budget for 2021 to the first reading next Read more…
A parliamentary warning … Al-Kazemi wants to pay off 40 billion dollars of the region’s debts through the budget
Tuesday 5 January 2021 | 05:49 pm
The Parliamentary Finance Committee revealed, on Tuesday, that Al-Kazemi seeks to include in the 2021 budget the debts of the Kurdistan region to foreign companies and the loans that he took illegally, amounting to 40 billion dollars at the expense of other portfolios .
A member of the Finance Committee, Read more…
An economist warns of devaluation: There is a big problem
2021-01-05
Economic expert Ali Al-Masoudi expected, on Tuesday, that the decision to devalue the currency would cause a loss of 24 percent of the cash, describing this as a big problem.
Al-Masoudi said in a statement that “the group most affected by the decision to devalue the currency is the families who live below the poverty line as well as middle-income, as prices rose by 27-37 percent, according to the International Read more…
Washington extends Iraq’s exemption to import energy from Tehran for three months
2021-01-05
An Iraqi official told AFP on Monday that the United States has extended for an additional three months the exemption granted to Iraq from the energy sanctions imposed on Iran, which will allow Baghdad to continue importing gas and electricity from the Islamic Republic.
Although Iraq is an oil country, it relies heavily on Iran in the field of energy, as it imports a third of its consumption needs of gas and electricity due to Read more…
Accusing the government of lying .. Deputy ruled out holding early elections on time
01/5/2021 14:25
[Baghdad-Where]
The deputy from Basra Governorate, Faleh Khazali, ruled on Tuesday that early elections will be held on June 6.
Khazali said, in his tweet on the Twitter platform, that “the early elections, which are hoped to take place on June 6, 2021, will not materialize,” accusing the government of lying.
Khazali added that all the promises from the government, its president, and most Read more…
Iraqi Dinar Guru opinions 1-4-2021
1-4-2021 Newshound/Intel Guru Mnt Goat Article: “PARLIAMENTARY FINANCE: RAISING THE PRICE OF THE DOLLAR WAS DIRECTED BY THE INTERNATIONAL MONETARY FUND AND THE WORLD BANK AND WITH THE KNOWLEDGE OF POLITICAL BLOCS, NOT THE GOVERNMENT.” the devaluation is a temporary solution, if you can even call it that. It will blow up in their faces, if they don’t now do the project to delete the zeros and reinstate. There is no turning back… Read more…
The central bank’s sales of dollars are falling to the lowest level
01/04/2021 12:38:01
{Baghdad: Al Furat News} The Central Bank of Iraq’s dollar sales continue to decline in an unprecedented way and to the lowest level in years.
According to the bank’s daily bulletin on the currency auction on Monday, the total sale for the purposes of strengthening funds abroad {transfers, credits} Read more…
Three million Iraqi workers lose their jobs because of the dollar
Monday 4 January 2021 | 09:59 in the morning
The Parliamentary Economy Committee confirmed that the salaries of employees are a red line, revealing that three million employees and workers have lost their jobs due to the high exchange rate of the dollar. Committee member Nada Shaker Jawdat said, “Parliament has given its word on employee salaries Read more…
Parliamentary integrity estimates the amount of money smuggled out of Iraq
2021-01-04
The Parliamentary Integrity Committee announced, on Monday, that the volume of money smuggled outside Iraq is estimated at 350 trillion dinars.
Committee member Taha Al-Dafa’i said in a statement carried by the official news agency, that “the government formed a committee to combat corruption, and this committee worked during the first days in a clear and significant way, but it Read more…
Today, Monday … Learn about the exchange rates of the dollar in the local markets
1/4/2021 11:33
[Baghdad_ Where]
A reporter said. Today, Monday, the exchange rate of the dollar rose in the local markets in the capital, Baghdad.
Our correspondent said, “The exchange rate of the dollar in the local markets today registered a remarkable increase, Read more…
Central Bank: The launch of the “Buna” platform for intra-Arab payments
1/4/2021 12:56
[Baghdad-Where]
The Central Bank of Iraq announced, on Monday, the launch of the ” Buna ” platform for inter-Arab payments.
The bank said in a statement. It is “the actual launch and operation of the Bunaa Inter-Arab Payments platform, which is a platform that provides real-time clearing and settlement services for cross-border financial transfers Read more…
Iraqi Dinar Guru opinions 1-3-2021
1-3-2021 Newshound Guru Pimpy There’s an assumption that the budget has been passed. I’m not sure that’s the case because it says that it’s been received. Article: “Parliamentary Finance receive the budget and reassures employees about salaries”. My guess is that [the budget is not passed] because the agreement between Erbil and Baghdad has not been finalized. Although the part that matters for the budget to go forward has been agreed upon… Read more…
Parliamentary Finance: Parliament does not have the power to return the exchange rate
2021-01-03 04:45
Shafaq News / On Sunday, the Parliamentary Finance Committee renewed its confirmation of the inability of the House of Representatives to restore the exchange rate of the Iraqi dinar against the US dollar.
Committee member Jamal Cougar told Shafaq News; Parliament does not have any authority to restore the exchange rate of the dinar against the dollar, and at the same time it will work to Read more…
Al-Kazemi pledges to reveal major facts about corruption in the new year
1-3-2021
Iraqi Prime Minister Mustafa Al-Kazemi pledged to press ahead with reforms in the country even if that cost him his life, indicating that his government will reveal “major facts” about corruption during the new year.
Al-Kazemi said that his government had submitted a draft of an “ambitious” financial budget that included economic reforms, which put it in the crosshairs of “challenges and auctions.”
Al-Kazemi’s statements came during a dialogue session with a number Read more…
A realistic proposal to get out of the economic crisis, the decline of the Iraqi dinar, and the reluctance to pay pensions
2021-01-03
Muhammad Tawfiq Allawi ||
To rise from this reality, we need attribution on more than one level from many countries of the world, but unfortunately most countries are not ready to entrust the government for several reasons, the most important of which is the spread of corruption, loss of security and loss of the environment that attracts investment, but the environment and laws The current environment and laws that expel investment, the most important reason for rampant corruption is that most of the ministers Read more…
The dollar is declining against the dinar in the local markets
2021-01-03
The exchange rate of the dollar decreased in the main stock markets and local markets today, Sunday (January 3, 2021). Read more…
Parliamentary planning: The Minister of Finance and the Governor of the Central Bank are subject to dismissal
2021-01-03
On Sunday, the Committee for Planning and Follow-up of the Governmental Program in Parliament accused the Minister of Finance, Ali Allawi, and the Governor of the Central Bank, Mustafa Ghaleb, of causing negligence and damage to public money, indicating that Parliament will hold them accountable if they fail to present evidence of innocence.
“The House of Representatives is determined to complete the questioning Read more…
Al-Fateh calls for Al-Kazemi’s government to resign
2021-01-03
On Sunday, the Al-Fateh Alliance called on the government of Prime Minister Mustafa Al-Kazemi to submit its resignation following its failure to manage the country’s economic file.
A member of the coalition, Abdul Amir Al-Mayahi, said in a press statement, “There is mismanagement of the government through the draft Federal Budget Law for 2021 that I submitted to Parliament,” noting that “the government Read more…
Al-Rafidain issues a directive regarding attracting investment companies and granting loans to them
1/3/2021 12:09
[Baghdad-Where]
On Sunday, Rafidain Bank instructed its branches in Baghdad and the governorates to attract companies and investors who wish to obtain financing and grant loans to them for the purpose of completing their various investment projects.
The bank’s media office said in a statement. The bank’s general manager held an extended meeting with a number of branch managers and delegates Read more…
Iraqi Dinar Guru opinions 1-2-2021
1-2-2021 Newshound Guru MilitiaMan Article: “Ministry of Commerce: the middle of next month, the date for the application of the electronic payment system” The push is on imo… They don’t have much time between now and the mid month January time frame they give…to implement the electronic payment system. The minister of Trade had obstacles to overcome and it appears the obstacles have been overcome now. The electronic payments should be from my understanding be done with a new digital dinar. There words not mine. Read more…
