WOTS MON JUL 18 22 A new government plan to reduce the dollar exchange rate
latest from Nader he is very happy
A new government plan to reduce the dollar exchange rate...and the salaries of 4 ministries will be self-financed
Today, Monday, the Prime Minister’s Adviser for Economic Affairs, Haitham Al-Jubouri, presented an economic vision that is summed up in converting four ministries to a self-financing system, restoring the dollar exchange . rate and standardizing employee salaries
Al-Jubouri said, in a statement I followed (Baghdad Today): “There is an economic vision for the next stage, a section of which has been written, and the most prominent of these ideas is the transformation of four ministries, namely transport, communications, interior and trade, from central to self-financing, and they can benefit from the revenues generated for them, through companies. The large and discreet that it owns or the revenues that are achieved through its work,” noting “the possibility of benefiting from the amounts allocated to it from the state treasury in ”. establishing productive development projects
He added, "There is a vision in the exchange rate of the dollar, and restoring confidence and strength to the Iraqi dinar, provided that it is not by a decision, as happened in the decision to raise the exchange rate, but by real economic reforms and an increase in non-oil revenues with a plan that extends from one to four years, and increasing the volume of investments in the country by persuading Iraqi investors who invest their money abroad to return to Iraq through facilities provided ”.to them and encouraging them to invest their money inside the country
Al-Jubouri pointed out that "among the vision is the automation of government procedures, electronic connectivity, amending instructions for implementing government contracts, and the issue of tax exemptions with a focus on increasing the tax base through profitable companies or personalities," expressing "regret that there is a focus on the simple citizen in the tax issue." While most companies evade .the final accounts as they are fictitious
And the Prime Minister's Adviser for Economic Affairs, "the possibility of increasing customs revenues, which can achieve huge sums in the event that there is governance of the border crossings." He explained, "The necessity of activating the collection of electric energy that is prepared for citizens, shops and commercial establishments, as the ministry collects only 7 percent of the money, and the vision also included the establishment of the fourth mobile phone license company, activating licensing rounds for investing in minerals as in oil, and standardizing the salary scale of employees. Without increasing the total amount of it, which will be among the interests of the next government, as it is not possible for an employee in a ministry to take 5 times as much as another employee with the same title, degree ”. and certificate
He stressed, "Part of these ideas can be started through effective laws, such as the Financial Management Law and the Electronic Signature Law, which needs speed in the procedures of its legislation."
He pointed out, "Some find it strange to implement some of this plan, but all of them are feasible and there is an integrated vision on this subject, if we know that it can be implemented in short, medium and long ". stages
Parliamentary comment on the government’s intention to restore the dollar price: There is no return before this date
Today, Monday, the Parliamentary Finance Committee commented on the Iraqi government's intention to restore the dollar exchange rate, against the background of what was confirmed by the Prime Minister's Advisor for .Economic Affairs, Haitham al-Jubouri Committee member Jamal Cougar told (Baghdad Today), “Resetting the dollar’s exchange rate against the Iraqi dinar is exclusively the prerogative of the government, and Parliament does not have any authority in this regard, although the majority of deputies and from all blocs with the return of the dollar exchange rate, as ." .it was previously
And Cougar, "The House of Representatives will be supportive of any step aimed at restoring the dollar's exchange rate against the Iraqi dinar, but this matter remains ".exclusively within the authority of the government
But he pointed out, "The current price of the dollar will remain fixed for the next two ".years, and maybe more
The advisor to the Prime Minister, Haitham al-Jubouri, had announced the government's intention to convert some ministries to self-financing, and to return the .dollar exchange to its previous era to strengthen the Iraqi dinar
but then he went on TV and said you guys misquoted me
Al-Kazemi’s advisor clarifies a news published by the official media about the exchange rate change
The advisor to the Iraqi Prime Minister, Mustafa Al-Kazemi, issued today, Monday, a clarification regarding a news published by the official newspaper about the change in the exchange rate of the dollar against the dinar.
Haitham al-Jubouri, in a clarification received by Shafak News Agency, said that Al-Sabah newspaper published the title of an interview it conducted with us in which we talked about an economic vision that would increase non-oil revenues and attract diversified investments, which would inevitably give strength to the Iraqi dinar, given that the price of the dinar depends on the offer. demand and sustainable economic development.
He added, "I was surprised that the headline of the news differs from this content mentioned by the same person who interviewed us in the body of the news, reasoning that the headline should be attractive."
Al-Jubouri, who was the head of the Finance Committee in the previous parliamentary session, explained that "what was published about the government's intention to restore the exchange rate is contrary to the truth of what we have stated. Rather, the government is engaged in fundamental reforms in the financial and economic affairs that would create the desired development."
and this is another site's version
Haitham Al-Jubouri hints at the imminent change of the dollar exchange rate
Haitham al-Jubouri, the economic advisor to the Prime Minister, revealed a vision to restore the dollar exchange rate.
Al-Jubouri said: "We have a vision to restore the dollar exchange rate, standardize employee salaries, and transfer four ministries to a self-financing system."
Government clarification regarding the reality of the trend to reduce the price of the dollar -
Adviser to the Prime Minister, Haitham al-Jubouri, explained today, Monday, about the news that spoke about the government's intention to reduce the dollar exchange rate.
Al-Jubouri said in a statement received by Alsumaria News, “The esteemed Al-Sabah newspaper published the title of an interview it conducted with us, in which we talked about an economic vision that would increase non-oil revenues and attract diverse investments, which would inevitably give strength to the Iraqi dinar, given that the price of the dinar depends on supply and demand and the existence of sustainable economic development
He added: "But I was surprised that the title of the news differs from this content mentioned by the same person who conducted the interview with us in the body of the news, justifying this that the title should be attractive.
He continued, "Therefore, we would like to make it clear that what was published about the government's intention to restore the exchange rate is contrary to the truth of what we have stated. Rather, the government is engaged in fundamental reforms in the financial and economic affairs that would create the desired development
here's another one with 2 paragraphs that aren't in the others
The Government Intends To Unify The Salaries Of Employees And Return The Price Of The Dollar
The Prime Minister’s Adviser for Economic Affairs Haitham al-Jubouri revealed, on Monday, an economic vision that is summarized by converting four ministries to a self-financing system, restoring the dollar exchange rate and unifying employee salaries.
Al-Jubouri said, in a statement reported by the newspaper “Al-Sabah” and seen by “The Information”, that “there is an economic vision for the next stage, part of which was written. From central to self-financing, and it can benefit from the revenues generated by it, through the large and discreet companies it owns or the revenues achieved through its work,” noting “the possibility of benefiting from the amounts allocated to it from the state treasury in establishing productive development projects.”
He added, "There is a vision in the exchange rate of the dollar, and restoring confidence and strength to the Iraqi dinar, provided that it is not by a decision, as happened in the decision to raise the exchange rate, but by real economic reforms and an increase in non-oil revenues with a plan that extends from one to four years, and increasing the volume of investments in the country by persuading Iraqi investors who invest their money abroad to return to Iraq through facilities provided to them and encouraging them to invest their money inside the country.”
Al-Jubouri indicated that “among the vision is the automation of government procedures, electronic connectivity, the amendment of instructions for implementing government contracts, and the issue of tax exemptions, with a focus on increasing the tax base through profitable companies or personalities,” expressing “regret that there is a focus on the simple citizen in the tax issue.” While most companies evade the final accounts because they are fake.
And the Prime Minister's Adviser for Economic Affairs indicated, "the possibility of increasing customs revenues, which can achieve huge sums in the event that there is governance of the border crossings."
He explained, “The necessity of activating the collection of electric energy that is prepared for citizens, shops and commercial institutions, as the ministry collects only 7 percent of the money. Without increasing the total amount for it, which will be among the interests of the next government, as it is not possible for an employee in a ministry to take 5 times as much as another employee with the same title, degree and certificate.”
Al-Jubouri stressed, "Part of these ideas can be started through the laws in force, such as the financial management law and the electronic signature law, which needs speed in the procedures of its legislation." He pointed out that "some people find it strange to implement some of this plan, but all of them are feasible and there is an integrated vision on this issue, if we know that it can be implemented in short, medium and long stages."
Has the Food Security Law been implemented?... Parliamentary Finance clarifies
The Parliamentary Finance Committee confirmed, on Monday, that the implementation of any law that has a financial aspect will have a clear impact if it is fully implemented.
A member of the Parliamentary Finance Committee, Jamal Kougar, said in a statement to the official newspaper, followed by “Nas” (July 18, 2022), that “the ruling on the failure to implement the Food Security Law and not actually bringing it into force, is incorrect,” explaining that “any law is legislated, especially If there is a financial component, its impact will be evident when it is fully implemented.”
He added, "The law has two timings; part of it is being implemented by the current government, and the other part is being implemented by the next government, and seven trillion and 250 billion dinars have been allocated for its implementation."
And he indicated, "The first part, which the current government will spend its money on, will be a part of it for the development of the regions, and they need projects to be submitted by the governorates, and part of those funds are dedicated to stabilizing contracts who need to audit their transactions, and a part is dedicated to appointing 15,000 new graduates, and this needs To scrutinize and study the needs of ministries and specializations, and therefore everything that was mentioned needs work, effort and time.”
Cougar stressed that "judging this law or others to failure before it is applied is inaccurate and unfair, and the expected steps that the citizen will see will be when applying this law, so it is premature to judge it."
He explained that "the House of Representatives will carefully follow up the implementation of the law."
The official newspaper: The Food Security Law has harmed the Iraqi citizen
An official press report stated, on Monday, that the Food Security Law, which was approved by the House of Representatives and entered into force recently, has harmed the Iraqi citizen instead of benefiting it .
The official "Al-Sabah" newspaper quoted, in a report, the expert in economic affairs, Nabil Jabbar Al-Ali, as saying, "Frankly speaking, the hopes that politicians have raised for the Iraqi people regarding the Food Security Law are nothing but false hopes, the purpose of which is to push and support the passage of a law allowing a caretaker government." Business spending an additional 25 trillion dinars on traditional unproductive consumer spending, which represents an increase over the country’s general allocations (120 trillion dinars spent during 2022) .
Al-Ali added, "Contrary to what is rumored, the legislation of this law may contribute to harming the Iraqi citizen, given that general government spending may rise from 10 trillion dinars per month to reach 15 trillion dinars per month after the law enters into force, which may contribute to raising inflation levels in It remained an ill-considered spending policy and a loose monetary policy ."
According to the newspaper, it "communicated with dozens of executive bodies that benefit from the provisions of the law, but they chose to remain silent and not respond to questions (when and how) these paragraphs will be applied, as if it did not concern them from far or near.
Arab Monetary» and the development of digital payment systems
A Few Hours Separate The Street From The Announcement Of The Name Of The Prime Minister Amid A Three-Way Competition
A member of the General Authority of the Wisdom Movement, Rahim Al-Aboudi, revealed, on Monday, that three names were put forward to compete for the presidency of the next government within the coordination framework, indicating that the coming hours will witness the announcement of the name of the final candidate for the position.
Al-Aboudi said in a statement to Al-Maalouma that "the name of the next prime minister will be announced after hours, according to the meetings taking place between the leaders of the coordination framework."
He added, "The personality of the prime minister and all the points of the government program have been determined, as the prime minister will commit to implementing his program in hours, not days, in order to restore the citizen's confidence in the political process."
Al-Aboudi indicated that "three names are competing for the position and will be announced at the time of selection, in which all parliamentary forces will participate within and outside the framework."
As the decision approaches, 8 candidates are vying for the position of prime minister
The framework seeks to persuade al-Sadr to one of the 8 candidates to head the government.
The coordinating framework forces continue to hold their regular meetings to discuss all political developments, especially the issue of forming the government and electing the president of the republic, while it seeks to put forward eight names as candidates for prime minister and agree on a single figure who will be accepted by a leader.Sadrist Movement.
The political forces continue their meetings and dialogues in order to form a government after the withdrawal of the Sadrist bloc from Parliament... As the coordinating framework is preparing to hold a meeting during the next two days to decide the candidate to head the new government, especially since it presented eight candidates for this position
And with the political and popular weight of a leaderSadrist MovementDespite his withdrawal from the political process and the arrival of the echoes of the unified Friday prayer to the blocs, the leadership of the framework is now seeking to obtain Sadr's support for the prime minister's personality before the formation of the government, fearing that it will be overthrown months after its formation
Sources suggest that the coordination framework will meet on Monday or Tuesday of this week to officially announce the names nominated for the post of Prime Minister.
While the political circles circulate two lists of candidates and each list contains a number of them, the first list includes three candidates from the leaders known in the framework, one of whom is a former prime minister and a former minister, while the second list includes five candidates, who are a former minister, two governors, a current deputy and a leader in the framework.
In order for the framework to come out with three candidates from the first and second list, their names will be decided in the next meeting, according to the sources, and then one of the names will be chosen as a candidate for the largest bloc, provided that that candidate is accepted by a leaderSadrist Movement Muqtada al-SadrThis is what the head of the Al-Fateh Alliance seeksHadi Al-Amri.
The list has been reduced from 8 to 3. Who is actually competing ?for the premiership
A prominent leader in the coordination framework revealed, today, Monday, three names that are actually competing for prime minister .during the next stage
The leader, who asked not to be named, told (Baghdad Today), that "there were approximately 8 candidates to head the government," adding, "But after the meetings and dialogues between the leaders of the coordination framework, the ".candidates were liquidated and their current number reached only 3 candidates
And he indicated that "the three candidates currently for the position of prime minister by the coordination framework are Muhammad Shia Al-Sudani, Qasim AlAraji and Tariq Najm," explaining that "until now, there is no agreement on naming any person to head the government, and in the coming hours, it is possible to add . ".new names other than these three
On a related level, MP from the State of Law coalition, Alia Nassif, confirmed that the coordinating framework forces are seriously and rationally looking at choosing the next prime minister, indicating that prolonging the dialogue to nominate the prime .minister is not a struggle for the chair, but rather to cross the stage safely
Nassif said, in a televised statement that she followed (Baghdad Today), that "the coordination framework has a number of candidates from the first and second line personalities, and that the selection will be meticulous, because the stage needs a personality who possesses the courage and will to confront and cross the stage ".safely
She added, "Prolonging the dialogue to nominate the prime minister is not a struggle for the chair, but rather to cross the stage and overcome all the previous mistakes ".made by the political process
Nassif indicated that "the head of State of Law is still the coalition's candidate, according to the desire of its members and not a personal desire from him," explaining that "the State of Law coalition regrets the absence of an important Shiite ".political force in the political process
Earlier, the State of Law coalition confirmed that the prime ministerial candidate was decided within two days and the Republic within two weeks, criticizing the silence of the Baghdad and Erbil governments .towards Turkish abuses
Al-Bazuni said in a televised interview, which was followed by (Baghdad Today), that "the nomination of the President of the Republic during the current or next week, and the Shiite framework will name the Prime Minister within two days," noting that "the difference of Kurdish forces will push me to go with candidates and vote under ".the dome of Parliament
The closed meeting between the Presidency of the House of Representatives and leaders of political blocs begins
An informed parliamentary source said, today, Monday, the start of the closed meeting between the Presidency of the House of Representatives and the heads of political blocs inside the parliament building.
The source told Earth News, "Currently, the closed meeting between the Presidency of the House of Representatives and the heads of political blocs has begun inside the parliament building."
He added, "The meeting will discuss the date of holding the next session, the meetings of the committees, and setting the date for electing the President of the Republic."
Deputy for the framework: The name of the candidate for prime minister will be announced on Saturday or Sunday
The representative of the Al-Fateh Alliance, which is affiliated with the coordination framework, Ali Turki, revealed, on Monday, the axes of a meeting of the coordination framework today.
Turki told "Mawazine News", "The meeting will deal with a number of issues related to resolving the prime minister's file, but this file will not be resolved today."
He added, "Today's meeting will be a preliminary agreement, to resolve this file during the next week, and the name will be announced during the next Saturday or Sunday."
Al-Halbousi’s meeting with the heads of the political blocs ends without an agreement on the presidency of the republic
Al-Halbousi’s meeting with the heads of the political blocs ends without an agreement on the presidency of the republic
more details shortly I'm sure
and here they are
The Head of the New Generation Parliamentary Bloc, Sarwa Abdel Wahed, disclosed the details of the Parliament Presidency meeting with heads of political blocs, which was held this morning, noting that it ended without agreement on setting the session for the election of the President of the Republic.
Abdul Wahed told Shafaq News Agency, "The meeting discussed the inclusion of some laws that are originally found in the Parliament papers sent by the Council of Ministers and include them in the agenda of the upcoming sessions."
She pointed out that "there is almost agreement to determine next week the beginning of the new legislative session sessions after the end of the legislative recess that lasted for one month."
And Abdel Wahed added, "The meeting also talked about the constitutional benefits," noting that "the House of Representatives is waiting for the political forces outside parliament, since the heads of political parties are the ones who decide the issue of the presidency and the ministers, after which it will be agreed to determine the session for electing the president of the republic."
The Head of the New Generation Bloc explained that "the meeting dealt with empowering the opposition within the parliamentary committees, whether it is in the presidencies of the committees or the first deputy."
And earlier today, Monday, a parliamentary source reported that a meeting was held between the Presidency of the House of Representatives and the heads of political blocs, to agree on setting a date for holding a session to elect the President of the Republic.
The source told Shafaq News Agency, "The meeting was held under the chairmanship of Muhammad al-Halbousi and his deputy, Shakhwan Abdullah, in the constitutional hall inside the parliament building."
The source added that "the meeting, which is being attended by the heads of the parliamentary political blocs, or their representatives."
The coordination framework, which includes all Shiite forces except for the Sadrist movement, called last Friday for the Iraqi parliament to convene this week and elect a president in preparation for the formation of the next federal government.
Iran praises Iraq's efforts to bring regional views closer and consolidate stability
On Monday, Iranian Foreign Minister Hussein Amir Abdollahian praised Iraq's efforts and its role in strengthening regional dialogues to consolidate stability and security in the region, while stressing Tehran's readiness to continue coordination with Baghdad on common issues.
Iranian media reported that Abdullahian discussed with his Iraqi counterpart Fouad Hussein, in a phone call, some issues of common interest in the field of bilateral relations as well as some regional issues, including the course of talks between Tehran and Riyadh.
The Iranian minister expressed his appreciation for Iraq's efforts and constructive role in shaping and strengthening regional dialogues in order to enhance stability, security and development in the region, stressing Iran's readiness to continue coordination and exchange of views with his Iraqi counterpart in order to follow up on issues of common interest in bilateral and regional dimensions.
In turn, the Iraqi foreign minister indicated that Iraq attended the recent Jeddah summit, indicating that the Iraqi government had held the necessary discussions and consultations for regional cooperation at the Jeddah summit, and that Baghdad would continue its efforts to promote peace and stability in the region.
Disclosure Of The Date For The Election Of The President Of The Republic .. “Parliamentary Sessions Return”
Representative of the State of Law coalition, Muhammad Chihod, revealed the date of the presidential election session, which was set during the meeting of Parliament Speaker Muhammad al-Halbousi with the heads of parliamentary blocs that took place today.
Chihod said in an interview with the Information Agency, that "Al-Halbousi's meeting with the leaders of the parliamentary blocs came to determine the date of the session for electing the President of the Republic," stressing that "the session will be held early next week."
He added, "The coordinating framework pushes towards the Kurdish parties' consensus on the personality of the president of the republic in order to hold the session," noting that "the framework is waiting and anticipating the meetings of the Kurdistan Democratic Party and the Patriotic Union, which will result in holding the session with its full quorum and passing the president."
Earlier in the day, Parliament Speaker Muhammad al-Halbousi met with leaders of the political blocs to set the date for the start of parliament sessions after the end of the first legislative term
Al-Sadr announces that he has received a "death" threat from Al-Maliki
The leader of the Sadrist movement, Muqtada al-Sadr, announced today, Monday, that he had received a death threat from the leader of the State of Law coalition, Nuri al-Maliki, while advising him to present himself to the judicial authorities
Al-Sadr said in a tweet via Twitter that I followed to Alsumaria News, “As the father, Mr. He is affiliated with the al-Sadr family, and among them is al-Maliki, and from a Shiite side claiming its demand for the strength of the sect
He added: "So from here, I call for extinguishing the strife through a joint denunciation by the leaders of the blocs allied with him on the one hand, and by the elders of his clan on the other. The denunciation is not limited to accusing me of collaborating with Israel or accusing me of killing Iraqis, even though I injected all the blood of Iraqis, including them." Al-Maliki in a previous clash was the order and the end."
Al-Sadr continued: "Yes, not only that, but more importantly, his assault on the Iraqi security forces, accusing the popular crowd of cowardice and inciting sedition and Shiite-Shiite fighting.
And he absolved "of any aggression against him and any use of violence against him, it is possible that a third party will intervene to fuel sedition, and I am innocent of it until the Day of Judgment."
Al-Sadr advised Al-Maliki to “declare seclusion and retire from political work and resort to seeking forgiveness or surrendering himself and those who seek refuge from the corrupt to the judicial authorities, so that it may be a form of repentance for him before God and the Iraqi people. He has no right, after these destructive mistakes, to lead Iraq in any way, Rather, this is ruin and destruction for Iraq and its people."
And he added, "The wonder is all the wonder that such accusations continue against us, the Al-Sadr family, by the former destroyer, by the occupation, by you, and by some judicial authorities in a neighboring country of treason, employment and corruption.
Al-Sadr concluded, "God suffices me, and He is the best trustee. The opponents will gather with one who does not oppress an atom's weight, neither on earth nor in heaven.
Al-Kazemi’s advisor: The Middle East Bank will open the door to investments in Iraq
The technical advisor to the Prime Minister, Haitham Al-Jubouri, announced today, Monday, that the proposal of the Middle East Bank for Joint Investments will be an investment portfolio, while noting that the stages of approving the budget need a long time, which may not be enough for the remainder of the year to complete it.
Al-Jubouri said, "The establishment of the Middle East Bank for Joint Investments is very important and may reflect positively on Iraq in the first place, because Iraq has great opportunities for investments," noting that "this bank will have branches in the countries that share their money in it, and the process of transferring money will be easy."
He stated that "this bank will be an investment portfolio, and is a wonderful experience that exists in most countries of the world," explaining that "the Iraqi funds that will be in this bank are protected."
Regarding the submission of the budget law, al-Jubouri explained that “the stages of approving the budget need a long time, and the remainder of the year may not suffice to complete it.
Postponing the Iraqi parliament session, pending contacts to settle the positions of the nominations
Yesterday, Monday, the Presidency of the Iraqi Council of Representatives announced the results of its meeting with the heads of parliamentary blocs regarding the entitlements Constitutional election for presidents and ministers. Meanwhile, vigorous contacts are taking place between the two Kurdish parties in Erbil and Sulaymaniyah regarding the candidates, with each party sticking to its candidate. Fouad Hussein, Minister of Foreign Affairs, met with leaders in Sulaymaniyah for further coordination. However, the positions have not changed so far, pending the completion of the contacts to be consistent with the upcoming Thursday session of Parliament Iraqi. .
On Monday, the Federal Court (the highest judicial authority in Iraq) rejected the case against sending 200 billion dinars from the Iraqi government to the Kurdistan region.
The lawsuit registered in the Federal Court, against the Iraqi Prime Minister and the Minister of Finance, demanded to stop sending a portion From the budget of the Kurdistan region, which amounts to about 200 billion dinars per month.
With this lawsuit dismissed by the Federal Court, the Iraqi government in Baghdad, can continue to send this The amount is to be sent to the Kurdistan region, to pay the salaries of the region’s employees.
The Council of Ministers of the Kurdistan Region had confirmed earlier that the Iraqi government, also did not send The region's monthly dues, amounting to 200 billion dinars, for a period of 14 months since 2020.
The presidency of the Iraqi parliament added that it was decided during the meeting:
1. Proceed to legislate a number of draft laws in the corridors of the Council, which affect citizens and their needs, according to the schedule attached to the statement.
2. Completion of the constitutional entitlements, in line with the requirements and challenges of the stage. And at the request of Vice President Shakhwan Abdullah and the Kurdish forces, and in order for there to be space From the time to reach an understanding between them, a second meeting of the heads of the parliamentary blocs has been scheduled for next Thursday; To discuss what the Kurdish forces have achieved in this regard.
3. The sessions of the Council for the second legislative term / the first legislative year begin next week, and at a rate of eight sessions per month. Its agenda will be announced later
Experts: Al-Kazemi’s proposal to establish the Middle East Bank is important for achieving development
Al-Sadr calls on Al-Maliki to quit political work, to perform seclusion, and to seek forgiveness or surrender himself
Today, Monday, the leader of the Sadrist movement, Muqtada al-Sadr, demanded the leader of the State of Law coalition, Nuri al-Maliki, to quit the political process and surrender himself, in the wake of leaked audio recordings attributed to the latter.
Al-Sadr wrote, in a tweet he posted on his Twitter account, that “in my death, the mouth and joy of Israel, America, the terrorists and the corrupt, but the wonder is all the wonder that the threat comes from (the Dawa Party) affiliated with the Sadr family and their chief al-Maliki, and from a Shiite side claiming its demand for the strength of the sect. “.
Al-Sadr demanded, according to the tweet, “extinguishing the strife through a joint denunciation by the leaders of the blocs allied with him on the one hand, and from the elders of his clan on the other hand, adding that the denunciation is not limited to accusing me of collaborating with Israel or accusing me of killing Iraqis, but more importantly, It is an attack on the Iraqi security forces, accusing the popular crowd of cowardice, and inciting sedition and fighting (Shiite-Shiite)."
And the leader of the Sadrist movement advised al-Maliki to “declare seclusion and retire from political work and resort to seeking forgiveness, or surrender himself and those who seek refuge from the corrupt to the judicial authorities, perhaps as a repentance for him before God and before the Iraqi people.”
And the recorded audio leaks, transmitted by social media, were said to be by Al-Maliki, which show an unprecedented attack by the latter against Al-Sadr and leaders in the Popular Mobilization, as well as an attack on parties and political forces, the army, the police and a number of countries.
Al-Maliki, in a tweet on Twitter, which he published, yesterday, Sunday, denied the leaked audio recordings, saying: All counterfeiting and fabrications will not affect my relationship with building our armed forces and the Popular Mobilization, as they are both protectors of the homeland and the safety valve of the political process.
July 17th, 2022 Iraqi News Articles
Al-Kazemi issues an urgent directive regarding the Food Security Law
On Sunday, Prime Minister Mustafa Al-Kazemi directed all ministries to mobilize their efforts to implement the provisions of the Food Security Law.
A government source told Shafaq News Agency, that the focus will be on the items related to returning their nullified contracts, appointments of graduates, holders of higher degrees and the first, in addition to fixing contracts, adjusting daily wages, supporting and improving the ration card and social care.
In light of the failure to approve the 2022 budget, the Iraqi parliament passed the “Emergency Support for Food Security and Development” law, in a move that allows the government to spend on various priority projects with the aim of achieving food security and stability in the country.
The law's expenditures were set at 25 trillion Iraqi dinars (about $17 billion).
another article titled
Half way cut.. Iraq is preparing to join the World Trade Organization
Another headline AFTER 18 YEARS OF REQUEST .. WHERE DID THE FILE OF IRAQ'S ACCESSION TO THE WORLD TRAE ORGANIZATION ARRIVE?
Iraq prepares documents for accession to the World Trade Organization
The International Trade Center stressed, today, Sunday, the importance of Iraq's accession to the World Trade Organization, pointing to the preparation of special documents on this, as Iraq is in the middle of the road to joining the World Organization
The International Trade Coordinator at the Center, Israa Al-Jabari, told the Iraqi News Agency (INA), that "Iraq is in the stage of joining the World Trade Organization, as it submitted an application for accession from 2004 and was approved by the organization, and Iraq is currently an observer member of the organization.
She pointed out that "the organization is global and contains 168 countries and has agreements, laws and special conditions for accession," explaining that "any country that wishes to be a member of the organization must implement its internal laws, strategies and policies in accordance with the agreements of the World Trade Organization
She pointed out that "the International Trade Center is working to help Iraq to provide technical and technical support in harmonizing laws and agreements with regard to its accession to world trade, and there are important documents that are being worked on.
The International Trade Coordinator noted that "the main part of communicating with the organization in order to join is the Ministry of Commerce, which in turn presents the file, which includes all the relevant ministries in Iraq, in addition to the private sector," stressing that "striving to work on preparing special documents for accession in accordance with agreements Trade Organisation.
She added, "Iraq has industrial and agricultural qualifications and trade exchange, but it needs to work on studying and developing the applicable policies so that there is harmonization with the laws of the organization," noting that "Iraq is currently in the middle of the road to join.
Al-Jabari alluded to "the importance of Iraq's joining the organization, as it deserves to be part of the international commercial, industrial and economic community, especially since its accession will be part of this international community and can organize its economic and commercial policies, including trade exchange in accordance with international laws that serve it with all concerned parties." dealing with it in the future.
Al-Kazemi and Biden discuss a package of files in Jeddah... an affirmation of commitment to the "strong" bilateral partnership
On Saturday, Prime Minister Mustafa Al-Kadhimi discussed with US President Joe Biden a number of regional issues and bilateral relations.
The Media Office of the Prime Minister stated in a statement that "Nas" received a copy of it, (July 16, 2022), that "Prime Minister Mustafa Al-Kazemi met today with President of the United States of America Joseph Biden in Jeddah, Saudi Arabia, in a bilateral meeting that brought them together, on the sidelines of the summit that During the meeting, the two leaders affirmed their mutual commitment to the strong bilateral partnership between Iraq and the United States, in accordance with the Strategic Framework Agreement, and their determination to proceed with security coordination to ensure that ISIS does not return again.
According to the statement, "Prime Minister Mustafa Al-Kazemi discussed with US President Joseph Biden a number of regional issues, and they agreed that the relationship between Iraq and the United States is based on common interests, strengthening Iraq's sovereignty, territorial integrity, security, and stability, and a commitment to strengthening the bilateral partnership in a way that would benefit Iraq." in the interests of both countries.”
With regard to the file of the formation of the government, "the two parties stressed the importance of forming a new Iraqi government that responds to the will of the Iraqi people, and respects Iraq's democracy and independence. .
And on the strategic framework agreement, the two leaders “renewed their commitment to the strategic framework agreement for the relationship of friendship and cooperation between the Republic of Iraq and the United States of America, which regulates the overall political, economic, cultural and security relationship between the two countries. Self-defense is an essential element for achieving stability in the region.
The two presidents also stressed the importance of strengthening Iraqi democratic institutions in a way that enables the Iraqi security forces to achieve security and stability in Iraq and the region. President Biden expressed his gratitude for Iraq's efforts to return and rehabilitate Iraqi families and children, as well as prosecute Iraqi ISIS fighters from Syria, and welcomed more. of cooperation to address this critical issue." They agreed that "close cooperation in military and security affairs, and overall support for Iraq to confront terrorism was a crucial factor in ensuring the final defeat of ISIS."
As for Iraq’s regional role, “Prime Minister Mustafa Al-Kazemi and President Joseph Biden discussed the importance of Iraq’s regional role, especially in facilitating communication and building confidence among the countries of the region. In particular, President Biden praised the important diplomatic efforts led by Prime Minister Mustafa Al-Kazemi to promote more of stability, prosperity and relations between the countries of the region.The recent historic agreements between Iraq and the Gulf Interconnection Authority will provide energy at reasonable prices to Iraq, and help it in its endeavors to meet the needs of its citizens.”
Biden stressed, "The importance the United States attaches to building a prosperous and diversified Iraqi economy, interconnected with its region and with the global economic system, and able to meet the basic needs of the Iraqi people."
The two presidents also stressed "the importance of fighting corruption in order to build confidence in official Iraqi institutions, as well as support economic growth."
And on climate change, the two leaders "discussed joint efforts to promote sustainable development of the region's resources to address the effects of climate change, including water security disruption, and to expand Iraqi-American coordination on energy sector development and economic reform."
As for Iraq’s role in opening channels of communication between Tehran and Riyadh, “Biden welcomed Prime Minister Al-Kazemi’s initiative for Saudi Arabia and Iran to hold talks in Baghdad. The President expressed his appreciation for the positive diplomacy of the Prime Minister, which aims to create a more secure and stable region. He praised the convening of a conference Baghdad for Partnership and Cooperation, and on the distinguished relationship between Iraq, Jordan, and Egypt, which the United States stands ready to support.
For his part, the Prime Minister affirmed his commitment to moving forward with initiatives that seek to bring Iraq's neighbors and friends together in order to find local solutions to regional challenges and achieve sustainable stability, according to the statement.
Prime Minister Mustafa Al-Kazemi, who is visiting Saudi Arabia to attend the Jeddah summit, confirmed the work to implement the strategic framework agreement with America on education and culture.
And the official Iraqi channel quoted Al-Kazemi as saying during a meeting he held with US President Joe Biden in Jeddah, July 16, 2022, "We are working to implement the strategic framework agreement between Iraq and America on education and culture."
Al-Kadhimi added, "We thank the United States for its support for Iraq in the fight against terrorism."
He continued, according to the channel, "Our relationship with the United States is strategic and based on cooperation, trust and mutual respect."
For his part, US President Joe Biden said: "Iraq has great resources and it can invest them well," noting that "the relationship between Iraq and America is important to us."
On Saturday, Prime Minister Mustafa Al-Kazemi held a meeting with US President Joe Biden in Jeddah, Saudi Arabia.
And the official Iraqi channel, followed by "Nas" (July 16, 2022), stated that "Prime Minister Mustafa Al-Kazemi held a special meeting with US President Joe Biden, today, Saturday, in the Saudi city of Jeddah."
Al-Maliki: The framework decided the selection of the prime minister by 97 percent
The deputy of the State of Law coalition, Durgham Al-Maliki, revealed, on Sunday, that the framework for the issue of choosing the next prime minister has been resolved by 97%, indicating that the call of the Presidency of the House of Representatives for a meeting of all political forces is an indication of the end of the presidencies crisis.
Al-Maliki said that “the data and our specific and confirmed information indicate that the leaders of the coordination framework have resolved the issue of choosing the prime minister,” noting that “the framework forces have resolved the matter of the prime minister by 97%, and the rest is related to putting up the name of the character for approval by the Sunnis and the Kurds.”
He added that “the call of the Presidency of the House of Representatives for a meeting of all political forces is an indication of the end of the crisis of the presidencies,” and it is likely that “the presidency of the republic and the government will be resolved next Wednesday, hoping that the Kurdish brothers agree on one personality and that the 2018 scenario will not be repeated
An international law firm: Repealing Kurdistan's oil and gas law will cost Iraq billions of dollars
"Gibson Dunn" International Law Office warned, on Sunday, Iraq against taking any action against the oil companies operating in the Kurdistan Region in accordance with the decision of the Federal Supreme Court ruling that the oil and gas law of the region is unconstitutional, indicating that the companies will sue Baghdad for tens of billions of dollars. as compensation.
The office specialized in issues of international oil and gas companies, which is based in the United States of America, expressed a legal opinion regarding the dispute between Erbil and Baghdad over the recent Federal Supreme Court decision unconstitutional of the oil and gas law for the Kurdistan Region and the federal government’s actions to implement it.
The office said that "it is likely that this intervention from the Iraqi government will prompt international oil companies to file legal cases against Iraq, and investors affected by the decision will demand compensation with the international legal community, especially through contractual arbitration agreements in accordance with the terms of contracts signed with the Kurdistan Region and arbitration procedures in accordance with international investment agreements.
He added, "Iraq will also be subject to legal accountability for violating the contracts signed with the region in the event that it takes any action that ends or changes these contracts, and will also be prosecuted for violating the stabilization and stability clause (provided in the contracts for the regional government), if any action is taken that would change the financial conditions. economic or economic emanating from laws or regulations in force at the time of signing these contracts.
The office cautioned that "due to the presence of many international oil companies operating in the Kurdistan Region associated with long-term contracts with the regional government (more than 30 companies), the damages that Iraq may incur as a result of these issues may reach tens of billions of dollars or more."
On February 15, 2022, the Federal Supreme Court, the highest judicial authority concerned with interpreting the Iraqi constitution, issued a decision that the Kurdistan Region Oil and Gas Law No. 22 of 2007 was unconstitutional.
Close to the Sadrist movement regarding Al-Maliki's recordings: He speaks more than that in private meetings
The former deputy, who is close to the Sadrist movement, Fattah al-Sheikh, claimed today, Sunday, that the head of the State of Law coalition in the coordination framework, Nuri al-Maliki, speaks in a tone more severe than the audio recordings attributed to him, in private meetings.
The Sheikh told Shafaq News Agency, "The leaked audio recordings of Al-Maliki are correct," adding that "Al-Maliki speaks more than that against the political forces, especially the Sadrist movement, the Sunnis and the Kurds in private political meetings and others."
And that "Al-Maliki is ready to do anything for his return to the prime ministership, and what was mentioned in the leaked audio recordings is very little of the thought and approach that Al-Maliki is working on in order to preserve his political influence and influence in the state and try to return to the seat of power."
A number of lawyers had submitted, earlier today, a request to inform the Iraqi Public Prosecution regarding the recordings attributed to the leader of the State of Law coalition, Nuri al-Maliki, in which he attacked parties and political forces, the army, the police and a number of countries.
The activist and journalist Ali Fadel, who is outside Iraq, had published during the past few days four audio clips attributed to al-Maliki in which the latter charged several leaders and political leaders, led by the leader of the Sadrist movement, Muqtada al-Sadr.
In the last recording, which was published by Fadhil on Saturday evening, the alleged voice of al-Maliki spoke of preparing for armed confrontations in Najaf with supporters of the Sadrist movement, and that he would confront them through armed clan groups, accusing al-Sadr of trying to physically liquidate him.
Last Wednesday, the media office of the leader of the State of Law coalition, Nuri al-Maliki, denied the audio recording attributed to the latter, in which he attacked leaders and political forces, most notably the Sadrist movement and its leader Muqtada al-Sadr.
Al-Sadr lays down 13 commands regarding the unified Friday prayer
Today, Saturday, the leader of the Sadrist movement, Muqtada al-Sadr, identified 13 issues regarding the prayer that took place yesterday, Friday, in Sadr City, east of Baghdad.
Al-Sadr said in a statement, "This human torrent that crept into the symbol of obedience and Friday prayer must be driven for several things."
He added that among them are "obedience to God Almighty, the unity of the Iraqi national ranks, the rejection of sectarianism and ethnicity, and standing against corruption in a centralized manner.
ttttext of\ tthe tweet
I do not believe in anyone..and none of us who belongs to the al-Sadr family should believe in the victory of the prayer that happened
Friday, Nasr al-Din.. Victory of doctrine.. Victory of Iraq.
Rather, the favor is purely for God, and the blessings of the Messenger and his family, blessings of God be upon them all, and the breath of the Father, (Holy). What is my destiny and my danger had it not been that God guides me and you to this great epic.
This human torrent that crawled to the (symbol of obedience): (Friday prayer) must flow for the sake of Allah
Several things:
: Obedience to God Almighty. Or not :
Second: The unity of the Iraqi national ranks and the rejection of sectarianism and ethnicity.
Third: Standing against corruption in a centralized manner, not through personal actions.
Fourth: Strengthening the nation's prestige and rejecting dependency.
Fifth: The willingness to sacrifice against any occupation, as we have entrusted to you, O faithful national assembly.
Sixth: An impenetrable dam against normalization, which is approaching little by little. Seventh: Defending our sanctities and preparing for the holy reappearance.
Eighth: Protecting the homeland from any danger. Ninth: To oppose the corrupt western advance and the hypocrites who want to analyze the taboos
Tenth: To stay away from the temptations of the world.
Ninth: The opposition to the immoral western march and the impious who wants to analyze the taboos.
Tenth: To stay away from the temptations of the world.
Eleventh: Stop violence against minorities, races, and sects, and work to bring points of view closer. Twelfth: Not to ignore the danger of terrorism and the escaping resurrection, and to be ready to stand against them if necessary
Think of desecrating our beloved Iraq.
Thirteenth: Standing with the people, the weak, the poor, and the oppressed in thick and thin. In order to prove to everyone that Iraq is the Iraq of (the two Sadrs) and all follow their path and morals under the shadow of reference.
Under the obedience of scholars, the living and the dead.
So gathering you in your gathering has terrorized the occupier, the printmaker, the vassal, the corrupt and the terrorist.. God Almighty has said:
The reward of the doers of good is lost)
And Praise be to Allah, the Lord of the Worlds .
reform_home
Muqtada al-Sadr
july 18th
A new government plan to reduce the dollar exchange rate...and the salaries of 4 ministries will be self-financed
Today, Monday, the Prime Minister’s Adviser for Economic Affairs, Haitham Al-Jubouri, presented an economic vision that is summed up in converting four ministries to a self-financing system, restoring the dollar exchange . rate and standardizing employee salaries
Al-Jubouri said, in a statement I followed (Baghdad Today): “There is an economic vision for the next stage, a section of which has been written, and the most prominent of these ideas is the transformation of four ministries, namely transport, communications, interior and trade, from central to self-financing, and they can benefit from the revenues generated for them, through companies. The large and discreet that it owns or the revenues that are achieved through its work,” noting “the possibility of benefiting from the amounts allocated to it from the state treasury in ”. establishing productive development projects
He added, "There is a vision in the exchange rate of the dollar, and restoring confidence and strength to the Iraqi dinar, provided that it is not by a decision, as happened in the decision to raise the exchange rate, but by real economic reforms and an increase in non-oil revenues with a plan that extends from one to four years, and increasing the volume of investments in the country by persuading Iraqi investors who invest their money abroad to return to Iraq through facilities provided ”.to them and encouraging them to invest their money inside the country
Al-Jubouri pointed out that "among the vision is the automation of government procedures, electronic connectivity, amending instructions for implementing government contracts, and the issue of tax exemptions with a focus on increasing the tax base through profitable companies or personalities," expressing "regret that there is a focus on the simple citizen in the tax issue." While most companies evade .the final accounts as they are fictitious
And the Prime Minister's Adviser for Economic Affairs, "the possibility of increasing customs revenues, which can achieve huge sums in the event that there is governance of the border crossings." He explained, "The necessity of activating the collection of electric energy that is prepared for citizens, shops and commercial establishments, as the ministry collects only 7 percent of the money, and the vision also included the establishment of the fourth mobile phone license company, activating licensing rounds for investing in minerals as in oil, and standardizing the salary scale of employees. Without increasing the total amount of it, which will be among the interests of the next government, as it is not possible for an employee in a ministry to take 5 times as much as another employee with the same title, degree ”. and certificate
He stressed, "Part of these ideas can be started through effective laws, such as the Financial Management Law and the Electronic Signature Law, which needs speed in the procedures of its legislation."
He pointed out, "Some find it strange to implement some of this plan, but all of them are feasible and there is an integrated vision on this subject, if we know that it can be implemented in short, medium and long ". stages
Parliamentary comment on the government’s intention to restore the dollar price: There is no return before this date
Today, Monday, the Parliamentary Finance Committee commented on the Iraqi government's intention to restore the dollar exchange rate, against the background of what was confirmed by the Prime Minister's Advisor for .Economic Affairs, Haitham al-Jubouri Committee member Jamal Cougar told (Baghdad Today), “Resetting the dollar’s exchange rate against the Iraqi dinar is exclusively the prerogative of the government, and Parliament does not have any authority in this regard, although the majority of deputies and from all blocs with the return of the dollar exchange rate, as ." .it was previously
And Cougar, "The House of Representatives will be supportive of any step aimed at restoring the dollar's exchange rate against the Iraqi dinar, but this matter remains ".exclusively within the authority of the government
But he pointed out, "The current price of the dollar will remain fixed for the next two ".years, and maybe more
The advisor to the Prime Minister, Haitham al-Jubouri, had announced the government's intention to convert some ministries to self-financing, and to return the .dollar exchange to its previous era to strengthen the Iraqi dinar
but then he went on TV and said
Al-Kazemi’s advisor clarifies a news published by the official media about the exchange rate change
The advisor to the Iraqi Prime Minister, Mustafa Al-Kazemi, issued today, Monday, a clarification regarding a news published by the official newspaper about the change in the exchange rate of the dollar against the dinar.
Haitham al-Jubouri, in a clarification received by Shafak News Agency, said that Al-Sabah newspaper published the title of an interview it conducted with us in which we talked about an economic vision that would increase non-oil revenues and attract diversified investments, which would inevitably give strength to the Iraqi dinar, given that the price of the dinar depends on the offer. demand and sustainable economic development.
He added, "I was surprised that the headline of the news differs from this content mentioned by the same person who interviewed us in the body of the news, reasoning that the headline should be attractive."
Al-Jubouri, who was the head of the Finance Committee in the previous parliamentary session, explained that "what was published about the government's intention to restore the exchange rate is contrary to the truth of what we have stated. Rather, the government is engaged in fundamental reforms in the financial and economic affairs that would create the desired development."
Government clarification regarding the reality of the trend to reduce the price of the dollar -
Adviser to the Prime Minister, Haitham al-Jubouri, explained today, Monday, about the news that spoke about the government's intention to reduce the dollar exchange rate.
Al-Jubouri said in a statement received by Alsumaria News, “The esteemed Al-Sabah newspaper published the title of an interview it conducted with us, in which we talked about an economic vision that would increase non-oil revenues and attract diverse investments, which would inevitably give strength to the Iraqi dinar, given that the price of the dinar depends on supply and demand and the existence of sustainable economic development
He added: "But I was surprised that the title of the news differs from this content mentioned by the same person who conducted the interview with us in the body of the news, justifying this that the title should be attractive.
He continued, "Therefore, we would like to make it clear that what was published about the government's intention to restore the exchange rate is contrary to the truth of what we have stated. Rather, the government is engaged in fundamental reforms in the financial and economic affairs that would create the desired development
Al-Halbousi’s meeting with the heads of the political blocs ends without an agreement on the presidency of the republic
Al-Halbousi’s meeting with the heads of the political blocs ends without an agreement on the presidency of the republic
more details shortly I'm sure
and here they are
The Head of the New Generation Parliamentary Bloc, Sarwa Abdel Wahed, disclosed the details of the Parliament Presidency meeting with heads of political blocs, which was held this morning, noting that it ended without agreement on setting the session for the election of the President of the Republic.
Abdul Wahed told Shafaq News Agency, "The meeting discussed the inclusion of some laws that are originally found in the Parliament papers sent by the Council of Ministers and include them in the agenda of the upcoming sessions."
She pointed out that "there is almost agreement to determine next week the beginning of the new legislative session sessions after the end of the legislative recess that lasted for one month."
And Abdel Wahed added, "The meeting also talked about the constitutional benefits," noting that "the House of Representatives is waiting for the political forces outside parliament, since the heads of political parties are the ones who decide the issue of the presidency and the ministers, after which it will be agreed to determine the session for electing the president of the republic."
The Head of the New Generation Bloc explained that "the meeting dealt with empowering the opposition within the parliamentary committees, whether it is in the presidencies of the committees or the first deputy."
And earlier today, Monday, a parliamentary source reported that a meeting was held between the Presidency of the House of Representatives and the heads of political blocs, to agree on setting a date for holding a session to elect the President of the Republic.
The source told Shafaq News Agency, "The meeting was held under the chairmanship of Muhammad al-Halbousi and his deputy, Shakhwan Abdullah, in the constitutional hall inside the parliament building."
The source added that "the meeting, which is being attended by the heads of the parliamentary political blocs, or their representatives."
The coordination framework, which includes all Shiite forces except for the Sadrist movement, called last Friday for the Iraqi parliament to convene this week and elect a president in preparation for the formation of the next federal government.
List of the Iraqi dinar exchange rate against the dollar on the Iraqi Stock Exchange for today, Monday (July 18, 2022), according to specialists.
Baghdad - the stock exchange
148,450
—-
The price is in most Baghdad exchanges
148,000
148,750
——————
Basra - Bursa
148,550
———————-
Erbil - Bursa
148,475
———————-
Karbala - Bursa
148,500
———————-
Mosul - Bursa
148,550
———————-
Najaf - Bursa
148,500
———————-
Anbar - Fallujah
148,550
Favorite Currencies Forex Quotes
Symbol | Bid | Ask | High | Low | Open | Change | Time |
---|---|---|---|---|---|---|---|
USD/IQD | | | 1458.8000 | 1458.8000 | 1458.8000 | | 06:09 |
USD/VND | | | 23420.2800 | 23418.3300 | 23418.3300 | | 22:29 |
USD/CNY | | | 6.7563 | 6.7325 | 6.7560 | | 05:14 |
USD/KWD | | | 0.3078 | 0.3075 | 0.3078 | | 04:56 |
GBP/USD | | | 1.1983 | 1.1862 | 1.1871 | | 05:15 |
USD/IRR | | | 42378.5000 | 42358.6000 | 42378.5000 | | 11:44 |
USD/IDR | | | 14996.0000 | 14937.0000 | 14996.0000 | | 05:15 |
Dollar Extends Gains With No End to Rally in Sight...
Could help Fed in fight against inflation...
Many Investors Fleeing Stock Market. Some Doubling Down...
Brent and WTI contracts rise on recession fears
Oil prices extended gains on Monday, July 18, supported by a weak dollar and tight supplies, which offset fears about a recession and the possibility that widespread shutdowns in China to combat Covid-19 will again reduce demand for fuel.
Brent crude futures for September delivery settled up to $104.01 a barrel by 7:41 am GMT, after a 2.1% gain on Friday.
US West Texas Intermediate crude futures for August delivery also rose to $100.43 a barrel, after rising by 1.9% in the previous session.
The US dollar fell from multi-year highs on Monday, supporting commodity prices that include gold and oil. A weak dollar reduces the cost of commodities denominated in it to holders of other currencies.
Last week, Brent and West Texas Intermediate posted their biggest weekly declines in about a month amid fears of a recession hurting oil demand.
Mass testing for COVID-19 continued in parts of China this week, raising concerns about oil demand in the world's second-largest consumer.
However, oil supplies remained tight, supporting prices.
As expected, US President Joe Biden's trip to Saudi Arabia failed to get any pledge from the largest producer in the Organization of the Petroleum
Exporting Countries (OPEC) to increase oil supply.
Arab Monetary» and the development of digital payment systems
Deputy for the framework: The name of the candidate for prime minister will be announced on Saturday or Sunday
The representative of the Al-Fateh Alliance, which is affiliated with the coordination framework, Ali Turki, revealed, on Monday, the axes of a meeting of the coordination framework today.
Turki told "Mawazine News", "The meeting will deal with a number of issues related to resolving the prime minister's file, but this file will not be resolved today."
He added, "Today's meeting will be a preliminary agreement, to resolve this file during the next week, and the name will be announced during the next Saturday or Sunday."
Parliamentary comment on the government’s intention to restore the dollar price: There is no return before this date
Today, Monday, the Parliamentary Finance Committee commented on the Iraqi government's intention to restore the dollar exchange rate, against the background of what was confirmed by the Prime Minister's Advisor for .Economic Affairs, Haitham al-Jubouri Committee member Jamal Cougar told (Baghdad Today), “Resetting the dollar’s exchange rate against the Iraqi dinar is exclusively the prerogative of the government, and Parliament does not have any authority in this regard, although the majority of deputies and from all blocs with the return of the dollar exchange rate, as ." .it was previously
And Cougar, "The House of Representatives will be supportive of any step aimed at restoring the dollar's exchange rate against the Iraqi dinar, but this matter remains ".exclusively within the authority of the government
But he pointed out, "The current price of the dollar will remain fixed for the next two ".years, and maybe more
The advisor to the Prime Minister, Haitham al-Jubouri, had announced the government's intention to convert some ministries to self-financing, and to return the .dollar exchange to its previous era to strengthen the Iraqi dinar
CBI Update: Just a note:
No comments:
Post a Comment