Iraqi News Highlights Friday Afternoon 5-26-23
Tlm724 Administrator Bondlady’s Corner
Minister Of Finance: We Are Making Great Efforts To Provide Justice To All Segments Of Society
Political | 01:13 – 05/26/2023 Baghdad – Mawazine News, Minister of Finance, Taif Sami, confirmed today, Friday, that great efforts have been made in order to provide justice to all segments of society.
Sami said in a statement, “We are making great efforts to be fair to all segments of society, and we are working to adjust the conditions of the remaining contracts and daily workers, in coordination with their departments.”
She added, “We have made great efforts to confirm more than 237,439 of the owners of Resolution 315 in state departments, and we have confirmed more than 396,894 of contract holders in state departments.”
And she continued, “We were able to create more than 138,000 degrees for those whose contracts were terminated by the security authorities.” https://www.mawazin.net/Details.aspx?jimare=227727
Tomorrow… Baghdad Will Host The Conference Of Transport Ministers Of Neighboring Countries And The Gulf Cooperation Council To Discuss The Path Of Development
Friday 26 May 2023 10:28 | Economical Number of readings: 535 Baghdad / NINA / – Tomorrow, Saturday, a conference of transport ministers for the Iraqi neighboring countries and the Gulf Cooperation Council countries will be held in Baghdad to discuss the strategic development path.
The government spokesman, Basem Al-Awadi, said: “This conference comes within the government’s path in strengthening cooperation and economic interdependence with brothers and friends, which represents a foundation for peace, stability and prosperity for our peoples, and consolidation of Baghdad’s position as the House of Peace as a tent for security and partnership, and a starting point for sustainable development.” And the path of development
is A road extending from Basra to the Turkish border, about a thousand kilometers long. It starts from the ports of Basra. The expected time to travel is between 12 and 16 hours for cars, and less than that for the train if the railway is completed. / https://ninanews.com/Website/News/Details?key=1055795
The Stability Of The Exchange Rates Of The Dollar Against The Dinar In The Local Stock Exchange
Friday 26 May 2023 14:29 | Economical Number of readings: 270 Baghdad / NINA / – The exchange rates of the dollar against the dinar witnessed stability today, Friday, on the local stock exchange.
The selling price of the dollar amounted to 146,500 dinars for 100 dollars, while the purchase price was 145,500 dinars for 100 dollars, and they are the same prices as yesterday, Thursday./ End 9
https://ninanews.com/Website/News/Details?key=1055838
Oil Prices Were Unchanged During Friday Trading
Economy| 08:55 – 05/26/2023 Baghdad – Mawazine News Oil prices remained almost unchanged during early trading today, Friday, while markets await clarity on the next moves in oil production policy by OPEC and its allies, after conflicting messages that made it difficult to predict the results of their next meeting.
By 0022 GMT, Brent crude fell four cents to $76.22 a barrel, while US West Texas Intermediate crude rose nine cents, or 0.1 percent, to $71.92 a barrel.
Both benchmarks fell by more than $2 a barrel when they settled on Thursday, after Russian Deputy Prime Minister Alexander Novak downplayed the possibility of further production cuts by the OPEC+ alliance at its meeting in Vienna on June 4.
Russian President Vladimir Putin said on Wednesday that energy prices were approaching “economically justified” levels, also suggesting that there may not be an immediate change in the alliance’s production policy.
Their statements contrast with comments made this week by Saudi Energy Minister Prince Abdulaziz bin Salman, in which he called on short sellers to “exercise caution”.
Some investors interpreted this as a sign that OPEC+ may consider further production cuts.
Markets continue to monitor the US debt ceiling talks, as President Joe Biden and Republican House Speaker Kevin McCarthy appeared to be close to reaching an agreement to cut spending and raise the debt ceiling.
The dollar rose for the fifth consecutive session against a basket of currencies, which curbed oil prices.
A rising US currency makes commodities denominated in it more expensive for holders of other currencies, dampening demand. https://www.mawazin.net/Details.aspx?jimare=227703
Economist: Amending The Budget Items Related To The Region Will Complicate The Relationship With The Government
Friday 26 May 2023 Economical Number of readings: 147 Baghdad / NINA / – The economic expert, Nabil Al-Marsoumi, confirmed that the Parliamentary Finance Committee’s vote to amend the paragraphs related to the Kurdistan region will complicate the relationship between the region and the center.
And Al-Marsoumi mentioned in a post followed by / NINA /: “The Finance Committee amended (Article 13 / second / a), which stipulates, according to the government copy sent, obliging the region to export no less than 400,000 barrels,” noting that “the text of the article after the amendment is that the region is obligated to deliver The crude oil produced in its fields at a rate of not less than 400,000 barrels per day is sent to the Ministry of Oil to be exported through SOMO or used locally in Iraqi refineries.
He added, “The amendment added a kind of complication to the relationship between the center and the region because of the technical difficulties related to the delivery of the region’s oil to the center on the one hand, and because of the region’s stripping of the authority to export oil on the other hand.”
Al-Marsoumi indicated that “paragraph C of the same article was also amended, after it stipulated the commitment of the Ministry of Finance to pay the region’s dues monthly and to make accounting settlements on a quarterly basis, meaning that the region was receiving its dues in the 2023 budget,” noting that “the new amendment is necessary The region must pay its oil and non-oil revenues before receiving its share of the budget.
And he continued, “Article 14 was also amended, after it used to provide for the deposit of the total revenues of the region’s oil in one bank account. It now requires the region to deposit oil revenues in a bank account opened in the Central Bank of Iraq, while the region was seeking to open the account in Citi Bank.” “.
He stressed that “the region has prevented the extraction of oil from the fields of Kirkuk and Nineveh, which are currently under its control, which currently constitutes more than a third of the region’s production of crude oil.” https://ninanews.com/Website/News/Details?key=1055854
Prime Minister: Iraq’s Doors Are Open To Fruitful Partnerships
Prime Minister Muhammad Shia al-Sudani affirmed that Iraq has overcome security difficulties and its doors are open to fruitful partnerships.
The media office of the Prime Minister said in a statement: “Prime Minister Muhammad Shia’ al-Sudani received the Minister of Foreign Affairs of the Czech Republic, Jan Lipavsky, and his accompanying delegation. trade between Iraq and the Czech Republic.
Al-Sudani expressed, according to the statement, “his welcome to the minister and the guest delegation, noting that” Iraq has overcome security difficulties, and that its doors are open to fruitful partnerships with all friends, stressing that the opportunity is available for Czech companies to contribute to government plans for infrastructure construction and modernization of services. “.
Al-Sudani referred to “the positive positions of the Czech Republic and support for the efforts of the Iraqi security forces in their war on terrorism, as part of the efforts of the International Coalition to Combat Terrorism and the NATO training mission in Iraq,” noting that “the government seeks to formulate a new vision between Iraq and the international coalition, on the basis of The actual need and future visions for challenges.”
And the statement continued, “The Czech minister, for his part, affirmed that his country’s government welcomes the Iraqi economic steps, which enhance stability and sustainable development, praising the positive future direction presented by the Iraqi government.” And he indicated, “a delegation of businessmen and representatives On behalf of twenty Czech companies, he is currently visiting Iraq to discuss opportunities for joint economic cooperation.
The statement concluded, “Libavsky presented an official invitation from the President of the Czech Republic to the Prime Minister to visit Prague, in order to strengthen and strengthen bilateral relations for the benefit of the two friendly countries.” https://www.radionawa.com/all-detail.aspx?jimare=34483
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