Bondlady’s Corner Iraqi News Friday Afternoon

Iraqi News Highlights Friday Afternoon 12-2-22


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Al-Sudani And Al-Amiri Affirm Support For The Government’s Measures To Combat Corruption In Accordance With The Law


Political | 03:05 – 02/12/2022  Baghdad – Mawazine News, Prime Minister Muhammad Shia Al-Sudani received, on Friday, the head of the Al-Fateh Alliance, Hadi Al-Amiri.


Al-Sudani’s office stated that Mawazine News received a copy of it, that “the meeting witnessed discussions about the overall general situation in the country, and an emphasis on supporting the government’s ministerial program, and its paragraphs that provide for providing services to citizens and reducing poverty indicators.”


And the two sides stressed, according to the statement, “the importance of supporting the government in proceeding with the implementation of strategic and important projects for the country, and supporting the government’s measures to combat corruption in accordance with the law.” Ended 29 / h.



The Three Presidencies Stress The Necessity Of Coordinating Efforts And Uniting The National Discourse


The three presidencies held a meeting at the Peace Palace in Baghdad that included the President of the Republic, Abdul Latif Jamal Rashid, the Prime Minister, Muhammad Shia Al-Sudani, and the Speaker of Parliament, Muhammad Al-Halbousi.


And the Presidency of the Republic stated in a statement, that “the meeting discussed the overall political, economic and security situation in the country, and ways to support the government in implementing its program and in a way that provides the best services to citizens.”


She added, “The meeting emphasized the importance of unifying political discourse at the local and international levels, and the need to legislate the laws that were agreed upon in the political agreement and within the time limits set for them.”


And she continued: “The meeting stressed the need to proceed with the holding of provincial elections next year, according to what was emphasized in the government curriculum.”


And she indicated that “the economic situation in the country was discussed, and the need to legislate the budget law was stressed, and the importance of strengthening measures to preserve public money, combating corruption, and strengthening reform steps in this regard, and the conditions of the displaced in the country were also discussed, as the meeting stressed the need to make more efforts to end their suffering and work for their return to their homes in a manner that guarantees them a dignified, safe and stable life.”  LINK


Work: Government Departments Can No Longer Absorb The Number Of Unemployed


Sweeteners   Economy News – Baghdad   On Friday, the Ministry of Labor and Social Affairs announced proposals to amend the law to support small projects and increase the loan ceiling.


The Director General of the Department of Retirement and Social Security in the Ministry, Raed Jabbar Bahidh, said, “The Lending Fund in the Ministry of Labor and Social Affairs was established in 2012, with a capital of 266 billion dinars,” noting that “the fund has not been strengthened with additional funds since 2012, and is currently approved.” Only on refunds to previous borrowers and gives loans to new people.”


Bahedh added, “The proposal that was added by the Council of Ministers in the Small Projects Support Law was previously 20 million, and it does not achieve a real project,” pointing out that “the Council of Ministers decided to increase the loan ceiling to 100 million, on the condition that 10 people work in the project to reduce interest rates.” The unemployment”.


He pointed out that “the department currently relies only on refunds from borrowers, as sums are collected every 7 months to launch a new batch of loans,” explaining that “among the proposals is to increase the loan ceiling and amend the previous law to enhance the fund’s capital in the ministry to increase the amount and establish projects.” A real little one for the unemployed youth.”


Bahedh continued, in his speech to the official news agency, that “government departments can no longer absorb the numbers of the unemployed,” noting that “the education sector graduates annually about 800,000 people, all of whom are looking for work,” pointing out that “the labor market in the private sector is larger and wider to absorb numbers of unemployed.


Views 170   Added 12/02/2022 – 12:49 PM   Updated 12/02/2022 – 4:57 PM



The Dollar Is Stable In The Iraqi Stock Exchange


Economie| 09:57 – 02/12/2022   Baghdad – Mawazine News  Today, Friday, the exchange rates of the dollar witnessed stability in the Iraqi Stock Exchange.


The selling price of the dollar was 149,600 dinars per 100 dollars, while the buying price of the dollar was 149,500 dinars per 100 dollars.


And the Central Bank of Iraq decided earlier to adjust the exchange rate of the dollar against the Iraqi dinar, as the price of buying a dollar from the Ministry of Finance reached 1450 dinars, while the price of selling it to banks was set at (1460) dinars per dollar, while the selling price to the citizen is (1470). One dinar for every dollar. Ended 29 / m 99


Global oil prices… a decline, with the dollar making up for its losses


Economie| 09:03 – 02/12/2022   Follow-up – Mawazine News   Oil prices fell in early Asian transactions on Friday, after the dollar compensated for some of its losses, while the easing of anti-Covid-19 restrictions in two Chinese cities limited the losses.


And by 0128 GMT, Brent crude futures fell 11 cents, or 0.1 percent, to $ 86.77 a barrel, while West Texas Intermediate crude futures fell 14 cents, or 0.2 percent, to $ 81.08 a barrel.


The dollar rose after falling to a 16-week low against a basket of major currencies after data revealed that consumer spending in the United States increased strongly in October.


The two benchmarks are still in the process of recording their first weekly gains after three consecutive weeks of declines, with two Chinese cities easing anti-Covid-19 restrictions.


On Wednesday, Guangzhou and Chongqing announced the easing of anti-epidemic restrictions.


At the same time, diplomats and a document seen by Reuters revealed that EU governments had agreed to implement a cap on the price of Russian seaborne oil at $60 a barrel, with an adjustment mechanism to keep the price five percent below market level.


An EU diplomat said that all EU governments must agree in writing to the decision no later than Friday. So far Poland, which has sought to lower the price cap as much as possible, has not confirmed it will support the agreement. Ended 29/M99   LINK

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