Saturday, April 24, 2021

Iraqi Dinar News Catch Up Recorded on April 23 21

These are the articles I discuss on the MyFX Buddies podcast.


Tender numbered ( 01/2021 ) for equipping the Central Bank of Iraq with paper currency parcels

link 

 The Central Bank of Iraq invites officially licensed companies and offices with experience and competence and who are qualified to participate in a tender to equip it with (2500) reel of strips of paper currency parcels according to the technical specifications and legal conditions prepared by this bank. The Central Bank of Iraq / located in Baghdad - Al Rasheed Street - Building No. (2) Floor (3) Legal Department / Contracts Department for the purpose of obtaining tender documents for an amount of (100,000) dinars (one hundred thousand dinars) non-refundable and the tender closing date will be before The end of the official working hours on Monday 5/24/2021.  

 

                                                                       Legal Department / Contracts Department

 


An Australian engineer working on a project for the Central Bank of Iraq arrested in Baghdad

link

A report by the British Daily Mail newspaper revealed, Thursday, that an Australian engineer, who has been working on a project at the Central Bank of Iraq for four years, was summoned to Baghdad with its manager to meet a client only to be thrown in prison.

The report, which was translated by the information agency, stated that “the Australian engineer and his businessman manager have been detained for 15 days in Iraq without knowing the reasons, as his wife claimed that he was asked to travel to attend a meeting with a client and was arrested upon seeing him. The reason for his arrest and she was not able to contact the Iraqi authorities or him to find out any information.

He added, "The engineer, named Robert Peather, had worked as an engineer for 10 years in the Middle East. He spent the past four years working on a project for the Central Bank of Iraq, the nature of which has not been revealed."

He continued, “Because she was unable to obtain any help or information from the Iraqi authorities, Beth’s wife, Desri, turned to the Australian embassy for help, but it was not fruitful either, saying,“ They have no idea how to help him. ”

The report stated that “and three weeks ago while working on the site in Dubai, the Central Bank of Iraq called Mr. Bather and its manager, asking them to return immediately to attend a meeting to resolve the dispute over a new building project in Baghdad, and there was in fact no meeting scheduled with any officials or any When they arrived, they were arrested immediately, as it is believed that both men are now in solitary confinement, ”says the engineer’s wife.

The company assured Mrs. Bether that she had hired a well-respected Iraqi lawyer to take over the case, and at first that gave her some reassurance, while the wife said, “We were 100 percent dependent on legal procedures… believing that they would be released immediately with an apology, but it seems that this matter was not. Be promising. ”

The report indicated that “Eng. Bether's last project with the Central Bank of Iraq has been going on for four years,” while Bether's wife claims that he was “extremely enthusiastic and committed to rebuilding the country, as many of his previous social media posts show his support for Iraq and its people and that he was communicating. With local residents on the need for more banks and to discuss future projects, including hospitals. ” According to her saying, 


Al-Kazemi will visit the United States next July

link

a member of the Future Bloc in Parliament, Sarkut Shams al-Din, revealed, on Thursday, that Prime Minister Mustafa Al-Kazemi's visit to the United States of America is expected next July.

Shams al-Din said, in a statement received by Mawazine News, a copy of it, that "the United States of America is in the process of writing a strategy for the Middle East, including Iraq, next month," noting that "the Iraqi prime minister will visit Washington next July to discuss relations, especially the withdrawal of American forces, and what it requires." From the American side, it will be provided to Iraq after this stage and how relations will be with it, and he will be informed of what this strategy will include with regard to Iraq. "

He added, "Al-Kazemi was the first prime minister in the Middle East that US President Joe Biden called after he won the elections and was installed as president of the United States."

Shams al-Din stated, "The Iraqi-American dialogue focused on shifting the tasks of the American army and the coalition forces in general from combat to training, in addition to the responsibility of the camps in which these forces are located to the Iraqi side after completing the task of training them to maintain their security and protect the foreign forces present in them." So that the camp would be a pure Iraqi, with few American trainers present. "

The deputy added, "Within the dialogue, the Iraqi side pledged to protect American forces before the complete withdrawal and diplomatic missions, and to confront any attack on them, whether by missiles, explosive devices or others, and foreign forces cannot intervene or take any step towards these attacks," stressing that " This mission will test the ability of the Iraqi army to maintain the security and sovereignty of the country. "

Shams al-Din explained, "The dialogue also focused on the issues of investment and the economy, as American companies began to work in the southern governorates in the field of oil and gas and others, after an interruption of years."

He hinted that "there were different views between the federal government and the Kurdistan region during the strategic dialogue, as the latter requested that the American forces remain while the first party was committed to the presence of those forces for a specific period, while the American side had a view that its forces did not stay forever. The protection of Iraq must be handed over to the elements of the Iraqi army and their readiness during the next stage in confronting the armed groups outside the law that have negatively affected security and which may cause the perpetuation of the US forces' stay in the country. 


Ministry of Agriculture: Chinese companies want to invest in Iraq

link

The Ministry of Agriculture has said chinese companies want to invest in Iraq in the agricultural sector, stressing the need for labor to be "Iraqi."

"Iraq has extended its hand to all countries of the world in order to attract investment, and there are Chinese companies that are serious about investing in Iraq," Agriculture Ministry spokesman Hamid al-Nayef told Al-Sabah newspaper. "There are several discussions on the issue of investment by Chinese companies, and this idea has been put forward with the relevant authorities, and China is serious about its work and we are optimistic about its investment in Iraq, especially since it is one of the major countries and rich in money, especially with thousands of well-invested dunums in Muthanna, Najaf and other provinces," he said.

"We hope that these investments will see the light of day, not just the signing of the paper," he said.

"The investment process is not carried out by a single ministry, agriculture prepares investment areas, and it is handed over to the National Investment Authority, which negotiates with countries and companies, in addition to the ministry of water resources preparing the water file, as well as security agencies and facilitating entry features," he said, adding that "the investor needs a safe and integrated environment, which we are working on."

"There are tens of thousands of agricultural engineers and veterinarians who do not have a job, and their competence in agriculture, and they cannot cultivate land, because they need money, support or loans, and therefore must be part of any investment agreement that includes the operation of Iraqi working hands," he said. This is what the ministry will confirm."


Washington accuses Iran of “dominating” Iraq: We were informed in advance of the strikes

link

The American envoy to Iran, Brian Hook, said that his country will continue to respond to any attacks targeting American interests in the region, indicating that the American army is in Iraq at the request of the government, and there are American military forces in some bases in order to help the Iraqis In the fight against terrorism.

Hook added in an interview with Al-Hurra that Washington will not tolerate Iranian chaos in the region and in Iraq, which does not care about its interest but rather wants to dominate it.

Hook stressed the need to deter Iranian acts of terrorism in the Gulf region, and the need to impose sanctions on Tehran, especially because of the killing it committed against its own people.

He revealed that US Defense Secretary Mark Esper had informed the Iraqi side before launching the strikes on Kataib Hezbollah sites in Iraq, indicating that these strikes strengthen Iraqi security against attacks by some Iranian militias that have also killed a number of Iraqi soldiers recently.

Hook pointed out that the Iranian regime is facing the worst economic crisis in 2019, and in 2020 it will face a more difficult period, noting that the Iranian people also demonstrate and demand the removal of a 40-year-old oppressive regime.

On Sunday, American forces launched a series of raids on bases belonging to the Iraqi Hezbollah Brigades, which led to the fall of 25 fighters.

The American strikes came two days after a missile attack on an Iraqi base where American forces were present, and for the first time, the killing of an American contractor in Iraq.


The Ministry of Finance embarks on a plan for economic reforms ... including loans and financing projects aimed at alleviating the housing crisis

link

The Ministry of Finance began, on Tuesday April 20, 2021, according to what was included in the white paper, to provide quick .loans to small and medium-sized companies and facilitate financing investment projects aimed at alleviating the housing crisis 

The Government Media Cell stated in a statement received by Al-Masalla that the Ministry of Finance presented, according to the government .performance program for the six months of last year, many programs and plans within its various sectors

She added that Rafidain Bank began granting loans worth 100 million dinars to employees looking for housing, and 50 million dinars to buy housing units or renewable solar energy systems, as well as car loans, hotel operation, scientific research, doctors, pharmacists, and private sector employees, valued .at 5 10, 15, 20, and 25 million dinars

The statement added that in order to develop the performance of the financial sector and improve the level of technology in the banking sector, Rafidain .Bank has participated in reconstruction and investment projects with strategic plans to improve infrastructure, health, education and tourism

The Ministry of Finance started implementing the project demarcation file and putting it up for investment, as it began to restore the electrical network and deal with transport bottlenecks in 12 villages, cladding main roads in five different areas in the governorates, rehabilitating and developing the AlAkasha water complex in Najmi, restoring the water purification plant in Aziz Balad, and extending The conveyor line from the new Rumaitha project to the Abu Srifa area, equipping and extending the electricity network in the Al Dhuaihir area in the Crescent, extending the conveyor water pipeline in the .Warka area and extending the water network of As-Suwayr

The Ministry of Finance announced investment opportunities ready for implementation, most notably the Al-Qurayat suspension bridge, 2.6 km long, which will link between Al-Karkh and Al-Rusafa, the Karbala Al-Hawali road with a length of 66.5 km, the Baghdad Al-Hawali road with a length of 94 km, the highway linking the governorates of Wasit, Baghdad, Karbala and Babil with a length of 235 km, and the link road Between Karbala Governorate and Arar Crossing, with a length of 160 km, and Baghdad-Basmaya Road, with a length of 20 km

With regard to the file of the banking system, the Central Bank has worked to classify banks according to service, close banks that violate laws and legislate reform laws, and work on developing government banks and changing the exchange rate of the dinar against the dollar, as well as linking the Iraqi banking system to the network of local and international banks, and obtaining a work permit The SWIFT system, the implementation of international banking operations, the business license, the issuance of electronic payment cards in the name of the bank, the initiation of the .implementation of the banking system and the completion of important steps in it. According to the statement

He pointed out that Al-Rafidain Bank contributed to an expanded reconstruction and investment plan to advance the health, educational, educational and tourism sectors, by working on infrastructure for services according to strategic plans, which included 26 projects for residential complexes in 14 governorates, while the Rasheed Bank contributed to granting loans and advances to residential complexes and buying cars and projects. Small businesses for the unemployed and those with health professions, marriage advances for employees, and loans for liberated areas.


The Ministry of Finance embarks on a plan for economic reforms ... including loans and financing projects aimed at alleviating the housing crisis

link

The Ministry of Finance began, on Tuesday April 20, 2021, according to what was included in the white paper, to provide quick .loans to small and medium-sized companies and facilitate financing investment projects aimed at alleviating the housing crisis 

The Government Media Cell stated in a statement received by Al-Masalla that the Ministry of Finance presented, according to the government .performance program for the six months of last year, many programs and plans within its various sectors

She added that Rafidain Bank began granting loans worth 100 million dinars to employees looking for housing, and 50 million dinars to buy housing units or renewable solar energy systems, as well as car loans, hotel operation, scientific research, doctors, pharmacists, and private sector employees, valued .at 5 10, 15, 20, and 25 million dinars

The statement added that in order to develop the performance of the financial sector and improve the level of technology in the banking sector, Rafidain .Bank has participated in reconstruction and investment projects with strategic plans to improve infrastructure, health, education and tourism

The Ministry of Finance started implementing the project demarcation file and putting it up for investment, as it began to restore the electrical network and deal with transport bottlenecks in 12 villages, cladding main roads in five different areas in the governorates, rehabilitating and developing the AlAkasha water complex in Najmi, restoring the water purification plant in Aziz Balad, and extending The conveyor line from the new Rumaitha project to the Abu Srifa area, equipping and extending the electricity network in the Al Dhuaihir area in the Crescent, extending the conveyor water pipeline in the .Warka area and extending the water network of As-Suwayr

The Ministry of Finance announced investment opportunities ready for implementation, most notably the Al-Qurayat suspension bridge, 2.6 km long, which will link between Al-Karkh and Al-Rusafa, the Karbala Al-Hawali road with a length of 66.5 km, the Baghdad Al-Hawali road with a length of 94 km, the highway linking the governorates of Wasit, Baghdad, Karbala and Babil with a length of 235 km, and the link road Between Karbala Governorate and Arar Crossing, with a length of 160 km, and Baghdad-Basmaya Road, with a length of 20 km

With regard to the file of the banking system, the Central Bank has worked to classify banks according to service, close banks that violate laws and legislate reform laws, and work on developing government banks and changing the exchange rate of the dinar against the dollar, as well as linking the Iraqi banking system to the network of local and international banks, and obtaining a work permit The SWIFT system, the implementation of international banking operations, the business license, the issuance of electronic payment cards in the name of the bank, the initiation of the .implementation of the banking system and the completion of important steps in it. According to the statement

He pointed out that Al-Rafidain Bank contributed to an expanded reconstruction and investment plan to advance the health, educational, educational and tourism sectors, by working on infrastructure for services according to strategic plans, which included 26 projects for residential complexes in 14 governorates, while the Rasheed Bank contributed to granting loans and advances to residential complexes and buying cars and projects. Small .businesses for the unemployed and those with health professions, marriage advances for employees, and loans for liberated areas

No comments:

Post a Comment