WOTS MON AUG 8 22
Al-Sadr: Reform will defeat corruption in Iraq
Al-Sadr: Reform will defeat corruption in Iraq
In the presence of the President of the Region and Plaschaert.. the meeting of the political parties to discuss the conduct of the elections of Kurdistan
A meeting is scheduled to take place between the political parties in the Kurdistan Region, in the presence of the President of the Region, Nechirvan Barzani, and the presence of the United Nations envoy, Jenin Plasshart.
The Chief of the Kurdistan Region Presidency's Office, Fawzi Hariri, revealed today, Tuesday, that the meeting will discuss holding the Kurdistan Parliament elections.
A source told Kurdistan 24, that the meeting will take place inside the Presidency of the Region next Wednesday.
Last February, Nechirvan Barzani signed an order to set October 1 as the date for holding the elections for the sixth session of the Kurdistan Region Parliament.
Al-Sadr: Reform will defeat corruption in Iraq
The leader of the Sadrist movement, Muqtada al-Sadr, said on Monday that reform will defeat corruption in Iraq.
Al-Sadr said in a tweet on his Twitter account: "Oh God, accept our current vigil in the Green Zone with you. It is with you, not with your corrupt and subservient enemy."
He added, "Just as blood triumphed over the sword in kindness, so will reform triumph over corruption in our beloved Iraq."
Below is the text of the tweet:
In the name of the Lord of Hussein
Peace be upon you, O master of the martyrs, peace be upon you and the rebellious ones
May God magnify our reward and your reward with the affliction of Imam Hussein, my soul to him. Rather, God magnified the reward of the Messenger, and God magnified the reward of the Virgin, and God magnified the reward of God.
redemption
The wages of a virgin's husband. My condolences go to the station of Mawlana, the owner of the age and time. Your understanding is with you, not from your enemy from the corrupt and dependent And as victory is blood over the sword in the throat, so reform will triumph in science
Here, I do not say: I wish we were with you, but I say: Oh God, accept our current protest stance in the Green Zone with you.
Corruption in our beloved Iraq
Peace be upon Imam Hussain, and curse be upon those who say, and peace be upon one of the values, reform, and no consolation, the security of blood corruption
Surah Muharram New
Servant of Imam Hussein Muqtada al-Sadr
Zidane and the Minister of Finance discuss ways of cooperation to preserve public money
The President of the Supreme Judicial Council, Faeq Zaidan, received, 08/08/2022, Minister of Finance Ali Abdul Amir Allawi.
The Central Bank raises the maximum limit for virtual electronic cards
The Central Bank of Iraq would like to inform banks and electronic payment service providers to amend the upper limit for the ceiling of virtual electronic payment cards to 950 thousand dinars or its equivalent in US dollars, after it was 750 thousand dinars... To view, click here
Banking Control Department Electronic Payment Division
BANK
to the public
NO: Date:
Issue: Date: 4 // >>>
To / all banks, e-service providers, exporters
M/ prepaid electronic payment cards
good greeting . Later in the circulars of this bank No. 23/777 on 5/20/2020 (a copy of which is attached, attached), and for the purpose of regulating electronic payment services in a way that contributes to enhancing levels of financial inclusion and achieving the principle of competitiveness among banks and electronic payment service providers licensed by this bank and in line with the The market need, we would like to inform you of the amendment of paragraph (1 / first category) of the uncles above so that the upper limit of the endowment, the payment card does not exceed (950,000) dinars (sixty thousand and fifty thousand Iraqi dinars) or its equivalent in the currency of the US dollar, to take the necessary and amend the regulations including Ensures compliance with the above.
with respect.
Saleh praises the role of the Vatican and the efforts of the Pope, which is keen on the security and stability of Iraq
A presidential statement stated that "during the meeting, they discussed the strong joint bilateral relations between the two friendly countries and ways to develop them, broadening the horizons of joint cooperation in all fields, and joint coordination to promote a culture of coexistence, dialogue and convergence in order to establish peace."
The President of the Republic praised "the role of the Vatican and the efforts of the Supreme Pontiff, His Holiness, Pope Francis, in support and concern for the security and stability of Iraq and its people, and the consolidation of a culture of love and tolerance among peoples.
Minister of Planning: Korean support has strengthened Iraq's efforts in implementing projects
Minister of Planning Khaled Batal Al-Najm announced that the South Korean support has strengthened Iraq's efforts in implementing projects.
And the media of the Ministry of Planning said in a statement received by the Iraqi News Agency (INA), today, Monday, that "Minister Khaled Battal met, in his office at the ministry's office, the Ambassador of the Republic of South Korea, to
Iraq, "Song Su Joy" and his accompanying delegation
. Which was attended by the Director General of the Department of International Cooperation, Saher Abdul-Kazim, who discussed the prospects for joint cooperation between the two friendly countries, in the commercial, economic, investment, technical and scientific fields, and ways to enhance this cooperation to serve the interests of the two peoples.
The statement added that "the Minister of Planning valued the level of cooperation and the volume of support that Korea provided and continues to provide to Iraq, noting that" this support contributed to strengthening the efforts of the Iraqi government, especially with regard to reconstruction operations, as well as through the implementation of service projects, in many provinces, stressing the importance of scientific cooperation and benefiting from Korean expertise in developing the capabilities of Iraqi cadres in various fields.
For his part, the Korean ambassador expressed his deep appreciation for the cooperation shown by the Iraqi side with his country, expressing the willingness of the Korean government to continue cooperation and support for Iraq in various fields.
In addition, the two sides discussed completing the requirements of the scientific and technical cooperation agreement between Iraq and Korea, and determining the place and time of its signing by the two sides
Research Center: The Iraqi scene faces three scenarios after the Sadrists took refuge in the streets
On Monday, a research center expected three scenarios for the Iraqi political scene after the Sadrist movement resorted to the demonstrations option.
In a report published by the "Future Center for Research and Advanced Studies", which was reviewed by "NASS" (August 8, 2022), "in the context of previous developments, Iraq may witness one of the following scenarios:"
1- Early elections: In this case, it is expected that the Sadrist movement will continue its positions and calls for the continuation of protests and sit-ins, in return for the coordination’s insistence on the nomination of Al-Sudani, which prompts mediation by Iraqi parties that will eventually lead to the dissolution of Parliament and the holding of other early elections, which It means the continuation of Al-Kazemi's government as a caretaker government until new elections are held.
2- Responding to al-Sadr’s demands: the forces of the coordination framework may acquiesce to the pressures of the Sadrist movement and withdraw its candidate for prime minister in an attempt to satisfy al-Sadr, in order to avoid going to legislative elections that are not in their favour. However, such a scenario faces several obstacles, most notably that this means accepting a backslid Al-Maliki's role in forming the new government, as well as the continued role of Al-Sadr in influencing its directions, even from behind the scenes. There is no doubt that such a scenario will limit Iranian influence on Iraq, which is something Iran seeks to avoid at the present time.
3- Engaging in armed clashes: This scenario can be achieved in the event that the Coordinator adheres to Al-Sudani’s nomination for prime minister, by inviting the framework to hold a session of Parliament in a place other than the Green Zone, to pass the presidential election session, in addition to the Popular Mobilization factions’ attempt to engage with Supporters of the Sadrist movement, which leads to armed confrontations, and the Speaker of Parliament, Muhammad al-Halbousi, on July 30, used his constitutional powers within Article 50 of the constitution to suspend parliament sessions, and therefore, no session can be held until after the decision to lift the suspension, This is unlikely to happen in light of the understandings between the Sadrist movement and the Alliance of Sovereignty.
Earlier, the leader of the Sadrist movement, Muqtada al-Sadr, said that the dissolution of Parliament had become a popular demand, noting that "there are positive reactions" regarding its dissolution.
Al-Sadr called in a tweet on "Twitter" followed by "Nass" (August 6, 2022), "for a serious pause to save Iraq from the tusks of corruption and dependency, and for us to correct the course of the Silesian process that harmed the people and the country."
And he continued, "And let everyone know that the revolutionaries will continue their revolution until the demands are achieved, and they will not give up at all, as it is their only and last chance.
Al-Sadr stressed, "Yes, (dissolving Parliament) has become a popular, political and elitist demand that has no alternative, and all the corrupt mouths should be silenced wherever they are..."
The coordination framework announced, earlier, its position on the demand of the leader of the Sadrist movement, Muqtada al-Sadr, to dissolve parliament and hold early elections.
A statement of the framework, a copy of which was received by “Nass”, a copy of it (August 4, 2022), stated that it “confirms its support for any constitutional path to address political crises and achieve the people’s interests, including early elections after achieving national consensus around them and providing a safe environment for conducting them, and all of this precedes work on respecting institutions.” Constitutionalism and not to disrupt its work,” stressing in the same regard, “Our roof remains the law, the constitution, and the people’s interest.”
The Iraqi Stock Exchange announces the suspension of its activity for one day
The market management said in a statement received by Shafaq News Agency, that "based on the decision of the Council of Ministers to declare an official holiday for one day on the occasion of the tenth of Muharram, the stock trading session will not be organized."
He added, "The activity will be practiced after the official holiday and starting on Wednesday, August 10, according to its official timings."
It is noteworthy that the Iraq Stock Exchange (the Iraqi Stock Exchange) organizes five trading sessions per week from Sunday to Thursday, and includes 103 Iraqi joint stock companies representing the sectors of banking, telecommunications, industry, agriculture, insurance, financial investment, tourism, hotels and services.
How do the demonstrations affect the Iraqi economy?
Al-Sadr proposes a "solution" to the political crisis: forming a government devoid of the Sadrists and "Malikis"
An informed political source revealed, on Monday, a proposal by the leader of the Sadrist movement, Muqtada al-Sadr, to form a government without the participation of his bloc and the State of Law coalition, to get out of the political crisis.
The source told Shafaq News Agency, "The leader of the Sadrist movement, Muqtada al-Sadr, sent messages to the coordinating framework forces, which included a proposal aimed at ending the political crisis in Iraq, by forming a new government, without the participation of the State of Law coalition led by Nuri al-Maliki and the absence of the Sadrist movement's participation in it." ".
And that "the tasks of the government will be for a period of one year only, during which it will prepare for holding early parliamentary elections in September of next year, and the prime minister will be consensual between the Sadrist movement and the coordination framework."
The source pointed out that "the leaders of the coordinating framework have not yet responded to al-Sadr's proposal."
The political process in Iraq, since the announcement of the election results in October 2021, has witnessed a suffocating obstruction, which culminated in the alliance of the Sadrist bloc with the Kurdistan Democratic Party and the Alliance of Sovereignty, and then when the House of Representatives held a session to elect the President of the Republic, who in turn assigned the largest parliamentary bloc to form The government, and escalated further after the Sadrist bloc’s 73 deputies submitted their resignations from the House of Representatives at the request of the Sadrist leader Muqtada al-Sadr. Their leader Muqtada al-Sadr.
In the presence of the UN..An upcoming meeting of the Kurdish parties in Erbil to discuss 3 points
Today, Monday, the correspondent of (Baghdad Today) stated that a meeting of the Kurdish parties will be held in the presence of the representative of the Secretary-General of the United Nations in Iraq, next .Wednesday in the regional parliament building Our correspondent said, "In the presence of Blackshart and the patronage of the President of the Kurdistan Region, Nechirvan Barzani, he will hold a meeting of the ".Kurdish parties next Wednesday in Erbil
He added, "The meeting will be attended by all Kurdish forces and parties, except for the movement of the new generation, which boycotted the previous meetings," noting that "the meeting will discuss setting the deadline for the Kurdistan Regional Parliament elections, the election law, and the position on the current commission in ".the region Last June, the political parties in the region held a meeting to discuss a number of issues related to the elections and the situation in the region and Iraq, in the presence of the representative of the Secretary-General of the United Nations, Jeninine Plaschaert, and the United Nations electoral .team of experts A statement issued by the meeting stated that it was devoted to the issue of preparations for the upcoming legislative elections in the Kurdistan Region and seeking to bridge the views of the political parties on the election law, the Independent High Commission for Elections and the Referendum, and a number of .issues related to elections
He added that the meeting strongly condemned the terrorist attack that was launched with a booby-trapped drone on Wednesday night on Erbil, the capital of the Kurdistan Region, and the human and material losses and damages that resulted from it, which they considered as a serious threat to the security and stability of .Iraq
The statement indicated that, in this regard, the federal government, which must eliminate these attacks, and in coordination and cooperation with the security services in the region, has been asked to seriously seek to prevent the recurrence of .such attacks
He added that the President of the Region, Nechirvan Barzani, expressed his thanks for the efforts of the representative of the Secretary-General of the United Nations in Iraq and her keenness on the situation in the Kurdistan Region and the issue of elections, as well as his thanks for the presence of the political parties and their .response to the invitation of the Presidency of the Region
The statement noted that after the dialogue and exchange of views, all those present were in agreement on the need to hold successful elections in the interest of the Kurdistan Region and to proceed with the democratic process to be above all other interests, noting that the Presidency of the Region will continue its endeavors to .solve the remaining problems facing the election law
And for that, the meeting decided to form a secretariat in the presidency of the region in coordination with the UNAMI team to follow up and continue efforts with .the political parties to prepare a report in this regard before the first of next July
The statement pointed out that all parties valued the efforts of the region's president to bring the political parties together, stressing their support for the presidency's steps, as well as thanks for the efforts of the representative of the Secretary-General .of the United Nations in this regard
PARLIAMENT PROTESTERS: THE PEOPLE ARE STRONGER THAN TYRANTS
August 8: Protesters near the Iraqi parliament announced their adherence to the demand to dissolve parliament and hold early elections to end the quota system and consensus in the country. , calling on political parties to stay away from personal interests and to hear the voice of the people, which is louder than any other voice
Al-Abadi reviews with the European Union ambassador the political situation in Iraq
The head of the Al-Nasr coalition, Haider Al-Abadi, discussed today, Monday, the European Union ambassador in Baghdad, Phil Variola, the political situation in Iraq.
Al-Abadi's office said in a statement received by Earth News, "The latter received in his office, today, Monday, the Ambassador of the European Union, Mr. Phil Variola, and during the meeting, the overall situation on the internal and external arenas was discussed, and the political situation that Iraq is going through and its repercussions and the importance of finding appropriate solutions According to the constitution and setting the appropriate frameworks to get out of the political crisis.”
The two sides stressed, according to the statement, "the need for dialogue between the political parties and reaching understandings that will lead the country to political stability, which will positively reflect on all sectors in Iraq and deliver a positive message to the international community.
An Iranian official announces "relative progress" during the latest round of negotiations on the nuclear file
An official in the Iranian Foreign Ministry said that during the last round of negotiations held in Vienna, a number of proposals were discussed, and "we made relative progress."
An Iranian official announces the investigation of an Iranian official who denies the Wall Street Journal report that a formula for the nuclear agreement is imminent in Vienna And Iran's concerns," noting that "during these talks, we exchanged our positions with the other parties, and relative progress was made on some issues."
He revealed that "European Union Coordinator, Enrique Mora, today presented some proposals to the two parties regarding some of the remaining issues, based on the discussions that took place during the past three days," noting that "once these ideas were received, we conveyed to Mora our initial responses and observations, but of course it requires These items are a comprehensive study, and we will convey the complement of our comments and considerations regarding them to the negotiating coordinator and the other parties.”
He added, "There is no doubt that the basic principle for us is to protect the rights and interests of the Iranian people." Iranian".
According to press information, the European Union presented the final text of the agreement on the Iranian nuclear file.
The United States: We are ready to sign a nuclear deal with Iran
The United States is ready to "expeditiously conclude an agreement" to revive the 2015 Iran nuclear deal based on proposals made by the European Union, a State Department spokesman said on Monday.
"Let's see if their actions match their words.
" To revive the 2015 nuclear agreement with world powers, with the end of indirect talks betweenTehranAnd theWashingtoninVienna".
A senior foreign ministry official told the agency: "Iran is not at the stage of talking about completing the deal... We have provided preliminary responses to the proposals made by the European Union...TehranAdditional suggestions and insights will be conveyed after thorough discussions inTehran"
The US Embassy in Baghdad: We are concerned about what is happening in Kurdistan from the repression of demonstrators
The US Embassy in Baghdad expressed today, Monday, its concern about what is happening in the Kurdistan region of repression of demonstrators and journalists.
U.S. Baghdad Embassy
US EMBASSY
Baghdad
We are concerned about reports of the use of tear gas and rubber bullets to disperse protesters
Civil society and parliament members in the Kurdistan Region of Iraq during and before the protests, in Sulaymaniyah on August 6.
urgent
are concerned about what is happening in Kurdistan regarding the repression of demonstrators 3-6FA2-4427-B $5199989.jpeg?ssl=1
For democracy to succeed, governments must protect the human rights and universal freedoms guaranteed by the constitution, including freedom of peaceful assembly and demonstration, freedom of expression, the right to a fair trial and due process, and the right of journalists to carry out their work freely and without interference.
First we urge the authorities of the Kurdistan Region of Iraq to review these procedures and re-affirm the vital roles that democracy plays.
Free press, peaceful assembly and the rule of law in operation
The US Embassy in Baghdad. We are concerned about what is happening in Kurdistan reg
urgent
Through Political Pressure..Al-Fateh: Erbil Is Trying To Increase Its Financial Shares
link
On Monday, the Al-Fateh Alliance held the parliament and the central government responsible for not holding the Kurdistan region companies accountable, all of whose oil revenues go to the presidency of the region, while stressing that the Kurdish parties are trying to put pressure on the central government to increase the region's percentage of financial benefits.
Member of the coalition, Mahmoud Al-Hayani, said, in an interview with "Information", that "the defect in Parliament and the central government, which approves the budget and the method of disbursing funds, as they did not specify laws or strict procedures against the companies of the Kurdistan region, which export daily more than 500 thousand barrels of Iraqi oil, which All oil revenues go to the presidency of the region.”
He added, "Erbil is required to follow up and hold the oil companies in the region accountable and not to allow them," noting that "the failure of the central government due to the lack of control over these companies provides the opportunity for them to exploit these funds."
A member of the Al-Fateh Alliance explained that "the Kurdish parties are trying to put pressure on the central government to increase the region's percentage of financial benefits or towards exporting larger quantities of oil, by way of political pressure and the consensus that takes place within the political process."
And the representative of the Al-Fateh Alliance, Suhaila Al-Sultani, had accused, earlier, the caretaker prime minister, Mustafa Al-Kazemi, of colluding with the Kurdistan region at the expense of the governorates of central and southern Iraq.
Legal: Kurdistan Court Is Not Concerned With Exporting Oil
Legal expert Najm Obaid confirmed, on Monday, that the oil export file is for the Federal Supreme Court, and the Kurdistan Regional Court has no right to overrule the decisions issued by it.
Obaid said in an interview with Al-Maalouma that "the Kurdistan region is subject to all decisions of the Federal Central Court, and its decisions are final and all parties are bound by them," stressing that "the Kurdistan court specializes in internal and simple cases within the region only and is not entitled to issue decisions concerning Iraq in general." .
He added, "The decisions of the Kurdistan Court must comply with the decisions of the Federal Central Court and not to issue decisions that contradict the decisions of the Federal Court."
And he continued, "The Kurdistan region's continued export of oil and gas is a drain on Iraq's resources and is in violation of the Iraqi law and constitution, which establishes the illegality of Kurdistan in exporting to unknown destinations."
The Kurdistan region has been exporting its oil for years, independently of the federal government, relying on the region's oil and gas law, which was voted on by the region's parliament in 2007, and Baghdad considers it contrary to the Iraqi constitution.
This legal breach falls within several violations committed by the region with the central government, including the process of extracting and exporting oil and gas from the Kurdistan region by international oil companies, through the Turkish port of Ceyhan, to Asian and European countries. If implemented, it will lead to great losses for these companies.
After Defining His Demands, Will Al-Sadr Negotiate The Coordination Framework?
The researcher in political affairs, Nabil Jabbar, stressed today, Monday, the difficulty of conducting early negotiations between the leader of the Sadrist movement, Muqtada al-Sadr and the coordination framework, expecting the return of political intersection between the two parties.
Jabbar said in an interview with the Information Agency, that "it is very difficult to conduct early negotiations between al-Sadr and the framework forces, at least for the time being," noting that "the tour of the Special Representative of the Secretary-General of the United Nations in Iraq, Jenin Plaschaert, between the head of the Al-Fateh al-Amiri coalition and al-Sadr during The past days were indicative of the extent of the isolation between the two parties.”
He added, "If we assume the return of negotiations, it is difficult to predict a breakthrough or to expect a political agreement to end the crisis. Al-Sadr had previously lowered the ceiling of his demands to focus exclusively on holding new and early elections."
And he indicated that "the legal path to re-election may require the formation of the government first, the drafting of a new electoral law, and then setting a date for holding the elections and a session to dissolve parliament, and perhaps this will not be an easy matter."
Jabbar expected "the return of political intersection between the two parties, which foreshadows the return of fears of confrontation in the street, and it is possible to consider the existing period as a period of political truce during which the two parties try to find a way to end the crisis while preserving the gains for the benefit of each of them
Washington provides millions of dollars in aid to Iraq
The United Nations High Commissioner for Refugees (UNHCR) has welcomed a contribution of $27.8 million to help Iraqi and Syrian refugees who have been displaced by ISIS.
In a statement, UNHCR stated, "Five years after the defeat of ISIS and 11 years after the onset of the Syrian crisis, the displaced population still needs support. In 2022, 1.2 million Iraqis were unable to return to their communities. Meanwhile, Iraq is hosting Nearly 300,000 refugees, mostly from Syria, live in the Kurdistan region of Iraq.
"US support for UNHCR allows for enhanced integration of Iraqi refugees and internally displaced persons, including those who have now returned to their homes, into local communities and public services. To do this, UNHCR works with partners and local authorities on long-term support interventions such as rehabilitation of schools, health care centers and networks Water and electricity, as these interventions aim to build the capacity of public institutions to provide high-quality services."
UNHCR also seeks to enhance community interactions and social cohesion by establishing public spaces and community centers where mental health, especially women and child survivors of violence, and legal services help them rebuild their lives, not least by obtaining identity documents.
In this regard, it is estimated that a quarter of the displaced lack civil documents, as they lost them while fleeing violence and were unable to renew them in ISIS-controlled places. As a result, those who lack civil documentation face challenges in accessing basic public services, as they cannot enroll their children in schools or access health care. They are also deprived of social safety nets and risk arrest at checkpoints.
” US Ambassador to Iraq Alina L. Romanovsky said: “The United States remains committed to helping the most vulnerable populations in Iraq. This contribution will help Iraqis displaced by ISIS to reintegrate into their communities while providing valuable support for education, health care and other critical needs of Syrian refugees in Iraq.”
UNHCR Representative in Iraq, Jean-Nicolas Beuze, also stated that “while the current situation in Iraq is gradually stabilizing and providing opportunities for prosperity, we need to continue working with the authorities in Baghdad and the Kurdistan Region of Iraq to strengthen the resilience and self-reliance of communities.”
"The generous and flexible contribution from the United States allows UNHCR to prioritize those most in need and improve key public services in Iraq," he added.
UNHCR concluded its statement by expressing its “gratitude for the generous and long-term support of the United States of America to UNHCR. Since 2013, the United States, through the Bureau of Population, Refugees and Migration at the Department of State, has provided $484 million for the refugee response. This support means that UNHCR can continue to provide Protection and pursuit of durable solutions for internally displaced persons and refugees in Iraq.
Al-Maliki calls for the resumption of the Iraqi parliament amid a political crisis
He added that "Iraq is a country of components and its people are made up of components, and only the will of the entire people can be imposed on it and through its constitutional institutions represented by the elected parliament."
Al-Maliki and Al-Amiri discuss the political developments in Iraq
Today, Monday, the head of the State of Law coalition, Nuri al-Maliki, discussed with the leader of the Fatah Alliance Hadi al-Amiri, the political developments in Iraq.
If you would like to send me a Cashapp gift
The dollar exchange rates, Monday, (August 8, 2022), according to the monitoring of specialists.
Baghdad - the price on the stock exchange
148.600
…
Approximate price in most exchanges
148.000
149,000
—————-
Erbil - Bursa
148.675
———————
Sulaymaniyah - Bursa
148.750
——————————
Mosul - Bursa
148.700
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  1440.1000 |  1499.1000 | 1459.1000 | 1458.8000 | 1459.1000 | -1.5000 | 13:28 |
| USD/VND | 23388.0000 | 23393.0000 | 23394.9800 | 23391.6400 | 23394.9800 | -4.1200 | 22:42 |
| USD/CNY |  6.7606 | 6.7626 | 6.7637 | 6.7551 | 6.7611 | -0.0006 | 05:30 |
| USD/KWD | 0.3063 | 0.3073 | 0.3065 | 0.3064 | 0.3065 | -0.0001 | 05:27 |
| GBP/USD | 1.2079 | 1.2080 | 1.2122 | 1.2047 | 1.2083 | 0.0012 | 05:30 |
| USD/IRR | 42100.0000 | 42600.0000 | 42332.1000 | 42332.1000 | 42332.1000 | 53.6000 | 10:21 |
| USD/IDR | 14873.0000 | 14873.0000 | 14939.0000 | 14834.0000 | 14939.0000 | -71.0000 | 05:30 |
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Saleh praises the role of the Vatican and the efforts of the Pope, which is keen on the security and stability of Iraq
A presidential statement stated that "during the meeting, they discussed the strong joint bilateral relations between the two friendly countries and ways to develop them, broadening the horizons of joint cooperation in all fields, and joint coordination to promote a culture of coexistence, dialogue and convergence in order to establish peace."
The President of the Republic praised "the role of the Vatican and the efforts of the Supreme Pontiff, His Holiness, Pope Francis, in support and concern for the security and stability of Iraq and its people, and the consolidation of a culture of love and tolerance among peoples.
Zidane and the Minister of Finance discuss ways of cooperation to preserve public money
The President of the Supreme Judicial Council, Faeq Zaidan, received, 08/08/2022, Minister of Finance Ali Abdul Amir Allawi.
Economist: $15 billion loss for Iraq from changing the exchange rate and storing hard currency
Al-Enezi said in an exclusive interview with {Euphrates News} that “the central bank storing any currency or metal leads to loss, because the dollar and the euro are exposed to material losses while gold prices are witnessing fluctuations, as well as fluctuations in oil prices, so that is the best solution to maintain the cash surplus. The current oil revenues are being thrown into investment projects, because storage in all cases is subject to a rise and a fall.
And he added, "Iraq lost, from the first days of the oil price hike, about 15 billion dollars, as a result of storing hard currency from the dollar and not benefiting from it."
It is reported that the Central Bank of Iraq decided on January 19, 2021 to make a significant change in the dollar exchange rate, as follows:
1450 dinars per dollar, the purchase price of foreign currency from the Ministry of Finance.
1460 dinars per dollar, the price of selling foreign currency to banks.
1470 dinars per dollar, the price of selling foreign currency to the public.
The Central Bank's decision caused a rise in prices for foodstuffs, consumer goods and commodities, which negatively impacted the standard of living of citizens and exacerbated unemployment.
Adviser to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, said on June 27 about the possibility of changing the dollar exchange rate: “Everything is possible, but we need patience in changing the dollar exchange rate in case prices rise and the financial policy is unable and monetary policy is able to cover the dinar.” To "the Food Security Law, if it is not able to secure the requirements in the event of high prices, the Central Bank will intervene to preserve the strength of the dinar against the dollar.
CBI Update: Just a note:
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