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More Iraqi News Friday PM 2-26-21

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Ministry Of Finance: Iraq Internationally Maintains Its Credit Rating

Time: 02/26/2021 15:18:55 Read: 2,847 times   {Baghdad: Al Furat News} The Ministry of Finance announced, today, Friday, that Iraq has maintained its global credit rating at {-B} with an emphasis on financial and economic stability, according to the international agency Standard and Poor’s {S&P}.

A statement of the ministry, of which the Euphrates News Agency received a copy, stated that “the Minister of Finance, Ali Allawi, participated in a dialogue session to discuss the economic and financial developments and the credit rating of Iraq via video conference, which included experts and specialists from the ministries of finance and oil and representatives of the Central Bank.”

He added that “during the dialogue, they discussed the economic and financial developments and the credit rating of Iraq and the factors that contributed to maintaining the credit rating at a degree of-and the emphasis on financial and economic stability, according to Standard and Poor’s Agency.”

He pointed out that the change in the exchange rate eased pressure on foreign reserves and strengthened the ability of the Ministry of Finance to provide domestic financing and recovered crude oil prices at the beginning of 2021 compared to what they were in 2020.

The statement continued, “The stable outlook for the Iraqi economy was also discussed, which came to reflect the continuation of foreign currency reserves at a level that increases the external public debt service and Iraq’s ability to pay off its external debt obligations over the next 12 months.”

The Ministry of Finance pointed out that “the Standard & Poor’s Agency, since the outbreak of the Corona pandemic, has taken decisions to reduce the rating from stable to negative for more than 80 cases around the world.”   LINK

At “B” Grade .. Minister Of Finance: Iraq Has Maintained Its Global Credit Rating

Economie| 03:37 – 26/02/2021  BAGHDAD – Mawazine News  , Minister of Finance, Abd Allawi, confirmed, on Friday, that Iraq internationally maintained its credit rating at B, with an emphasis on financial and economic stability, according to the international agency Standard and Poor’s S&P.

The media office of the Minister of Finance stated, in a statement received by Mawazine News, that “Allawi participated in a dialogue session to discuss the economic and financial developments and the credit rating of Iraq via video conference that included experts and specialists from the ministries of finance and oil, and representatives of the Central Bank.”

The statement added, “During the dialogue, they discussed the economic and financial developments and the credit rating of Iraq and the factors that contributed to maintaining the credit rating at -???? and the emphasis on financial and economic stability, according to S&P Standard and Poor’s agency.”

Allawi said, “The change in the exchange rate contributed to relieving pressure on foreign reserves and strengthened the ability of the Ministry of Finance to provide domestic financing and recovering crude oil prices at the beginning of 2021 compared to what they were in 2020.

The future outlook was also touched upon. stable Iraqi economy , which came to reflect the continued foreign currency reserves at the level increases the external public debt service and the ability of Iraq to pay its obligations of external debt over the 12 coming months. ”

It is worth mentioning that the agency Standers Poor ‘s S & P since an outbreak of pandemic Corona, It took decisions to reduce the rating from stable to negative for more than 80 cases around the world. Ended 6/29 n https://www.mawazin.net/Details.aspx?jimare=143347

Low Dollar Prices In Local Markets

Market Economy News _ Baghdad  “Economy News” publishes the exchange rates of the dollar on the Iraq Stock Exchange on Friday.   The price of the dollar against the Iraqi dinar:  The sale price of the dollar: 145,750  The price of the dollar: 144,750    Number of observations 172   date of addition 02/26/2021

https://economy-news.net/content.php?id=24239

US Secretary Of Defense: Iraqi Internal Cooperation Helped Us In Carrying Out The Air Strike Against The Resistance Factions!

Author: AhadNA4 On 2/26/2021 – 4:42 PM 84  On Friday, US Defense Secretary Lloyd Austin revealed that there is Iraqi cooperation in carrying out the air strike against the resistance factions at the Iraqi-Syrian border.

“We are sure that the target that was targeted in Syria was used by the resistance factions that carried out the missile attacks in Iraq,” Austin said in statements that followed the strikes by the US military in Syria.

He added that “the American forces carried out the strike based on intelligence information provided by the Iraqi side,” noting that “Washington allowed and encouraged the Iraqis to investigate and collect intelligence information and that was very useful for us in determining the target.”

https://alahadnews.net/167425/%d8%a7%d9%84%d8%b9%d8%b1%d8%a7%d9%82/%d8%a3%d9%85%d9%86%d9%8a/

Iran Closes Two Border Crossings With Iraq

Pratha News Agency75 2021-02-26  The Assistant Governor of Khuzestan for Security and Police Affairs, May God my life, announced the closure of the Jalajah and Shalamjah crossings with Iraq to travelers for a period of two weeks.

Hayati said, according to Iranian media, that “despite this closure to travelers, the border activity continues in front of commodity exports and trade exchange.”

He pointed out that “the presence of a laboratory at the border zero point that conducts a rapid examination of infection with the Corona virus for individuals entering the border markets.”

He pointed out that, “based on the governor’s decision, masks and sterile materials will be distributed free of charge in the border markets and to individuals working in executive affairs, starting from Friday.”

And he added, “In the event of exit from the emergency situation and the resumption of passenger transit, a PCR test will be conducted at the border, as well as a rapid test.”

He pointed out that yesterday, Thursday, the laboratory was inaugurated within the boundaries of Shalamjah, while the inauguration of the laboratory will take place on Friday within attractive borders.

It is noteworthy that 11 cities in Khuzestan province, southwest of Iran, are now in the red state and eight in the orange state   http://burathanews.com/arabic/economic/387188