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Issue (4625) Of The Iraqi Newspaper Al-Waqi’a Issued On 12/4/2021

2021-04-18 10:45:00   Law No. (23) for the year 2021, the federal general budget of the Republic of Iraq for the fiscal year 2021.   Those wishing to acquire the Iraqi factsheet can refer to the Iraqi investigation department, located in Salhiya / Haifa Street (Ministry of Justice building), and obtain the required number.

The Double Shock … The Dollar And Deduction

Qasim Gharawi123 2021-04-18   Qassem Al-Gharawi ||  The book bearing the signature of the Minister of Finance regarding tax withholding was in implementation of the provisions of the article. 34c of the Budget Law   The proposed tax deduction does not include the lower classes, and the Council of Ministers has the power to cancel it

I do not think that the Minister of Finance is able to impose taxes or deductions on the salaries of employees, and that this is a whirlwind in a cup, and Parliament can object that they rejected this paragraph and was voted on unanimously on the budget.

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It will be counted for him that he is with the people and against deductions, and that he is with the employees, and he will be considered accomplished if we take into consideration that the elections are coming and he is coming strongly through alliances and these achievements that are calculated for him as for the sake of the people and in the interest of the people to win

And influence him through these situations

Confusion is still evident in the state’s fiscal and monetary policy. The central bank was not able to control the market and dollar sales, nor did the Ministry of Finance’s policy take into account the suffering of the vulnerable classes, employees, and unemployment.

It is the double shock that the people suffer from as a result of these policies at a time when the government can fuel private activity and control the border outlets and recover the stolen money by billions in coordination with America through its strategic dialogue and its demand is a priority because America is able to access the assets and money existing in the world belonging to the corrupt And steal public money When will that be?

How Affected Is The Iraqi Market By Changing The Price Of The Dollar?

Political| 02:58 – 04/18/2021   BAGHDAD – Mawazine News   The Iraq Stock Exchange determined, on Sunday, the extent to which the change in the exchange rate of the dollar against the dinar was affected, indicating that the decline in trading in foreign currencies will lead to trading opportunities towards other alternatives.

The executive director of the Iraq Stock Exchange, Taha Ahmad Abdul Salam, said, according to the official agency, that “economic facts indicate that when trading in foreign currencies decreases due to the low margin of the official price difference from trading, trading opportunities are directed towards other alternatives.”

Abdul Salam added, “The Iraqi market has been affected, like the rest of the economy, in the near term, which could continue in the medium term, with the high purchase demand, in addition to other economic factors and the disclosure of the companies’ financial position for the year 2020 and their financial indicators.”

Dollar Continues To Rise

Time: 04/18/2021 10:26:49 Read: 7,891 times   {Baghdad: Al Furat News} The exchange rates of the dollar rose today, Sunday, on the main stock exchange in Baghdad.

The central Al-Kifah and Al-Harithiya Stock Exchange in Baghdad recorded 147,950 Iraqi dinars for 100 US dollars.

While the Central Kifah Stock Exchange recorded 147700 Iraqi dinars during its opening last Thursday morning.

The buying and selling prices witnessed a rise in the exchange shops in the local markets in Baghdad, where the selling price reached 148,500 Iraqi dinars, while the purchase prices reached 147,500 dinars per 100 US dollars.   LINK

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Sunday .. The Central Bank’s Hard Currency Sales Fell

Economie| 02:02 – 04/18/2021  BAGHDAD – Mawazine News   The Central Bank of Iraq’s hard currency sales fell, on Sunday, to $ 196 million.

According to the daily bulletin of the Central Bank’s auction for the sale and purchase of foreign currencies, today, sales decreased by 4.65 percent, to reach 196 million 842 thousand dollars, covered by the bank at a basic exchange rate of 1460 dinars per dollar.

The daily bulletin indicated that “the purchases amounting to 188 million and 92 thousand dollars went to strengthen the assets abroad in the form of transfers and credits, while the banks bought 8 million and 750 thousand dollars in cash.”

It indicated that “29 banks have met the requests to enhance assets abroad, 10 banks to meet cash requests, 9 joint exchange companies, and 155 companies out of a number of joint mediation companies.”

The central bank’s sales, at last Thursday’s auction, amounted to 205 million 445 thousand dollars, 296 dollars. Ended 29 / p4

In The Document .. Financial Issues A Directive To The Banks

Time: 04/18/2021 11:18:06 Read: 7,826 times  {Economical: Al Furat News} The Ministry of Finance issued a directive to all banks, agencies, companies and departments of the ministry.

According to the directive issued by the Minister of Finance’s office, the Euphrates News Agency obtained a copy of it: “The Minister of Finance has instructed not to assign department directors, their assistants, and office directors except after obtaining the minister’s approval.”   LINK

Mazhar Muhammad Salih To / Nina /: The Amounts Of The UAE-Saudi Development Fund Will Be Spent To Finance Income-Generating Projects

Sunday 18, April 2021 09:27 | Economical Views: 222   Baghdad / NINA / The Advisor to the Prime Minister for Financial Affairs, Mazhar Muhammad Salih, confirmed that: The amounts of the Saudi-Emirati Development Fund will be spent to finance income-generating projects.

He told the Iraqi National News Agency / NINA / that: The fund amounted to 6 billion dollars equally from the two countries, and it will contribute to providing a lot of job opportunities, indicating that: Investment projects according to this fund will be profitable while ensuring the existence of markets for the disposal of their products regionally, Arably and internationally.

The Prime Minister visited each of the United Arab Emirates and Saudi Arabia, respectively, during which he signed a number of agreements that included the two countries allocating an amount of 3 billion each according to a development fund to finance investment projects. / End 3

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