Iraqi News Highlights Monday Afternoon 10-17-22
Tlm724 Administrator Bondlady’s Corner
Al-Sudani: The next government will be a government of services that includes economic reforms
Money and business Prime Minister-designate Muhammad Shia Al-Sudani received, on Monday, German Ambassador to Iraq Martin Jaeger.
During the meeting, according to the statement, “a number of issues and topics related to bilateral relations between the two countries and ways of consolidating them were discussed,” and the meeting touched on “the prospects for joint cooperation, and the importance of its development in various fields.”
Al-Sudani stressed, “The next government’s orientation is towards building balanced relations with its regional and international surroundings, as well as its aspiration to develop cooperation relations with Germany and the whole of the European Union, in a way that enhances common aspirations and aspirations.”
He added, “All his efforts are currently focused on forming the government as quickly as possible, and on the basis of accurate selection,” stressing that “the next government will be a government of services, including economic reforms, and an investment of oil revenues away from corruption.”
He expressed “the future government’s aspiration to fruitful cooperation with German companies in the fields of energy and other technical disciplines.”
For his part, the German ambassador stressed, “the desire of his country’s government to strengthen bilateral relations, in a way that contributes to boosting cooperation and joint coordination at various levels.”
He continued, “Iraq urgently needs a government with full powers that realizes the magnitude of the challenges it is facing in the current stage,” explaining that “the German government has great interest in making this government succeed and overcome various challenges.”
The German ambassador presented a paper containing specific proposals for cooperation between Iraq and Germany in various fields.
Views 196 Added 10/17/2022 – 4:12 PM Update 10/17-2022 – 7:13 PM
https://economy-news.net/content.php?id=30253
Iraq Ranks First In The Arab World… The 10 Fastest Growing Economies In The World
Sunday, October 16, 2022 6:03 PM Follow-up / National News Center Arab countries dominated about half of the list of the world’s fastest growing economies during 2022, despite the difficulties that many countries faced during the current year, and the unfavorable economic conditions, but oil prices were supportive of three Arab countries to be on the list.
The world’s fastest growing economy was Guyana, whose GDP accelerated by 57.6% during 2022.
The sparsely populated country is growing thanks to new oil exploitation projects. Ireland’s growth has also been revised upwards significantly, but the small country’s GDP is known to be volatile due to the many multinational companies based there that benefit from favorable tax laws within the European Union.
Iraq was the fastest growing Arab country, as the gross domestic product accelerated by 9.3%, and ranked second in the world during 2022, followed by Kuwait and Saudi Arabia in the fourth and fifth positions globally, with a growth rate of 8.7% and 7.6%, for the current year.
And in the tenth place, Egypt ranked with a growth rate of 6.6% in the gross domestic product, to control the Arab countries in 4 positions of the 10 fastest growing economies in the world, according to the data of the International Monetary Fund.
India has corrected course, as India’s GDP grew by 4.1% in the first three months of 2022, slightly reducing annual growth in 2021-22 to 8.7% due to Omicron restrictions that hampered economic activity in the last quarter of the fiscal year Indian. In the first quarter of the new fiscal year (April to June), growth returned to 13.5%.
Looking at the big picture, India’s GDP growth is still doing well globally, and the country is expected to overtake Japan as the second largest economy in Asia by 2030. https://nnciraq.com/157855/
A Parliamentary Move To Approach The Central Bank Regarding The Customs Deposits Funds
Monday 17 October 2022 17:29 | politicalNumber of readings: 145
Baghdad / NINA / – The Alliance of State Forces revealed an official request to approach the Central Bank of Iraq to investigate the size of the customs deposits.
The head of the coalition bloc, MP Faleh Al-Sari, said in a press conference today, Monday, that “there is an intention to burn the priorities related to the amounts of customs deposits,” noting that “the tax and customs deposits are included in different accounts.”
Al-Sari stressed the need to open the investigation again and expand the audits to include the customs secretariats whose amounts are not less than the tax secretariats, pointing to the approach of the Central Bank of Iraq to give figures and tables of the amount of the amounts collected in the accounts of the customs secretariats, calling on the supervisory authorities, the public prosecution and the judiciary to investigate the money. Stolen./ https://ninanews.com/Website/News/Details?key=1008201
The Iraqi Financial Market Trades Shares Worth 6 Billion Dinars In A Week
Market Economy News-Baghdad Today, Monday, the Iraqi Stock Exchange announced that it traded shares with a financial value of more than 6 billion dinars during the past week.
The market said in a report, “The number of companies whose shares were traded during the past week amounted to 57 joint-stock companies, while the shares of 44 companies were not traded due to the lack of convergence of purchase orders prices with sales orders, while two companies continue to stop for not providing disclosure out of 103 companies listed in the market.” .
He added that “the number of traded shares amounted to 4 billion and 796 million and 689 thousand shares, a decrease of 49% compared to the previous week, with a financial value of 6 billion and 327 million and 231 thousand dinars, an increase of 46% compared to the previous week through the implementation of 3952 deals.” Pointing out that “ISX60 traded price index closed at 596.09 points, recording a 1.22% decrease compared to its closing in the previous session.”
He pointed out that “the number of shares purchased from non-Iraqi investors for the past week amounted to 361 million shares, with a financial value of 430 million dinars, through the implementation of 130 deals, while the number of shares sold from non-Iraqi investors amounted to 325 million shares, with a financial value of one billion and 522 million dinars, through Execution of 612 transactions.
It is noteworthy that the Iraqi Stock Exchange organizes five trading sessions a 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.
99 . views Added 10/17/2022 – 12:16 PM Update 10/17-2022 – 7:12 PM
https://economy-news.net/content.php?id=30245
A Parliamentary Demand To Prevent Al-Kazemi And His Finance Director From Traveling Based On The State Order
Political | 04:43 – 10/17/2022 Baghdad – Mawazine News On Monday, the Parliamentary Integrity Committee demanded a travel ban on the caretaker prime minister, Mustafa Al-Kazemi, and his finance director. A document issued by the committee and received by Mawazine News stated the following:
https://www.mawazin.net/Details.aspx?jimare=208507
In 3 Files..America Agrees With A European Country To Cooperate With Iraq
Political | 04:36 – 10/17/2022 Baghdad – Mawazine News On Monday, the US ambassador to Baghdad, Elena Romanowski, and the Norwegian ambassador, Aspen Lindbeck, agreed to cooperate with Iraq in three files.
“The Norwegian Ambassador to Iraq, Aspen Lindbeck, and I discussed our many common priorities in Iraq at this pivotal time for the Iraqi people,” Romanowski said, in a tweet on Twitter, which was followed by Mawazine News.
She added, “We agreed to further cooperation in strengthening governance and democracy, and promoting gender equality, and the Climate Change Conference in Cairo in November 2022.” Ended 29/R77 https://www.mawazin.net/Details.aspx?jimare=208505
Oil Prices In World Markets
Economie| 09:17 – 10/17/2022 Follow-up – Mawazine News: Oil prices recorded gains in early trading in Asian markets, on Monday, at a time when the dollar fell strongly, as investors awaited data from China to measure demand in the largest importer of crude oil in the world.
Brent crude futures rose about 85 cents, or 0.9 percent, to $ 92.48 a barrel by 0019 GMT, recovering from a 6.4 percent drop last week.
US West Texas Intermediate crude recorded $86.34 a barrel, up 73 cents, or 0.9 percent, after falling 7.6 percent last week. Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=208462
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