Iraqi News Sunday Afternoon 7-24-22
TLM724 Administrator BondLady’s Corner
Zidane And Barzani Discuss The Legal Problems Related To Oil
Economie| 09:30 – 23/07/2022 Baghdad – Mawazine News Today, Saturday, the President of the Supreme Judicial Council, Faiq Zeidan, discussed with the Prime Minister of the Kurdistan Region, Masrour Barzani, the legal problems related to oil.
And the judiciary’s media said in a statement received by Mawazine News, “The President of the Supreme Judicial Council, Faiq Zaidan, received Masrour Barzani, Prime Minister of the Kurdistan Region, and his accompanying delegation.” He added, “The two sides discussed the legal problems related to oil and the judicial decisions related to this issue.” https://www.mawazin.net/Details.aspx?jimare=200240
Muthanna Al-Samarrai Meets The UN Envoy And Discusses The Aspirations Of The Liberated Areas
Sunday 24 July 2022 19:15 | political Number of readings: 124 Baghdad / NINA / – The head of the Alliance of Resolve Muthanna Abdul Samad Al-Samarrai received Jenin Plasschaert, the head of the UN mission in Iraq, and they discussed the aspirations of the liberated areas.
Al-Samarrai stressed during the meeting, according to a statement by his office, that the necessary legislation that serves the citizen directly will have priority within the parliament, noting that Iraqis in general and the people of the liberated areas hold hopes and aspirations for the coalition and its leaders for the purpose of approving those laws and other legislation that do justice to those areas and raise disgrace her children.
During the meeting, they discussed the developments of the political scene, the efforts made, and the importance of strengthening the role of the United Nations in consolidating the values of coexistence, achieving social peace, supporting the political track in Iraq, and making efforts to form a strong and capable government successful./ End https://ninanews.com/Website/News/Details?key=989584
Al-Rasheed Bank Installs Atms In Three Areas Of Baghdad
Banks Economy News-Baghdad On Sunday, Al-Rasheed Bank announced that it had started setting up three “out door” ATMs in the capital, Baghdad .
The media office of the bank said in a statement, that these ATMs operate over a period of (24) hours .
He added that they were distributed in three branches (Rabat, Yarmouk and Dora) as a first step to facilitate the receipt of salaries, noting that work is underway to create and distribute ATMs in other branches of the bank . Views 133 Added 07/24/2022 – 9:25 AM Update 07/24/2022 – 7:57 PM
https://economy-news.net/content.php?id=28985
The Dollar Is Stable On The Iraqi Stock Exchange
Economie| 10:33 – 07/24/2022 Baghdad – Mawazine News The dollar exchange rates witnessed stability, today, Sunday, on the Iraqi Stock Exchange. And the selling prices of the dollar were 148,550 dinars per 100 dollars, while the purchase prices of the dollar were 148,450 dinars per 100 dollars.
https://www.mawazin.net/Details.aspx?jimare=200273
Al-Kazemi’s Advisor Determines The Axes Of Confronting Inflation In Iraq
Political | 06:47 – 07/24/2022 Baghdad – Mawazine News , the financial advisor to the Prime Minister, Mazhar Muhammad Salih, identified, today, Sunday, three axes that monetary policy pursues to confront inflationary prices, while stressing that economic policy in Iraq plays an important role in maintaining stability.
Saleh said, “The most dangerous trend in the inflationary phenomenon is the so-called inflationary expectations, which is what consumers and the business sector expect from future price hikes that lead to immediate adjustments and hedges in the growth of the annual general level of prices, including warehouse prices, which exacerbates the price problem. upward trend unless it is addressed by appropriate economic policies.
He added, “The function of maintaining the stability of the exchange rate in the monetary market is one of the most important monetary policy functions of the Central Bank in addressing the forces that generate inflationary expectations.”
He continued, “This is what the monetary policy of the Central Bank of Iraq seeks steadily through the use of part of its foreign reserves to intervene in the exchange market and to address high levels of domestic liquidity by providing a sufficient supply of foreign currency to meet the needs of market demand for foreign exchange, which in fact represents a demand Derived on foreign goods, services and benefits that are undertaken by the foreign trade activities of the private sector.
He pointed out that “the fiscal policy currently follows three axes to combat inflationary pressures and their expectations resulting from price growth towards the rise, and the financial authority undertakes it through the implementation of the effective Financial Management Law No. 6 of 2019 amended and the emergency food security and development Law No. 2 of 2022.”
He explained, “The first axis is the zeroing of customs duties and taxes on imported goods and services that directly affect people’s lives, because customs duties and taxes represent an additional cost that the wholesale trade sector transfers to the consumer sector, that is, single trade through spending or consumer demand for imported goods and services.” .
He continued by saying: “The second axis is the expansion of the ration card vocabulary and the regularity of providing it with subsidized and semi-symbolic prices to meet the need for the poor and low-income classes of the basic materials of life.”
And Saleh stated, “The third axis is the continuation of the state’s stability and its preservation of the prices of its goods and services sold in all the market or the so-called (administrative prices), especially fuel, as well as support for the requirements of agricultural production and other life and pharmaceutical supplies that government institutions buy into civil activity, in addition to To the stability of the rates of fees, taxes and wages imposed by all official authorities with the offer.
He stressed, “Expanding the social welfare network and covering it with cash assistance to segments below the poverty line is an auxiliary factor that comes to combat inflationary pressures in prices and their harmful social effects, which are mainly caused by global inflation imported into our country due to the global energy and food crises as a result of the current war in Eurasia.” .
He concluded, “The overall economic policy in our country plays an important role in maintaining stability and containing all price movements, through direct and indirect coordination in the work of monetary and fiscal policies to impose stability and combat inflationary activities in prices and contain manifestations of inflationary expectations at the same time.” finished 29/h https://www.mawazin.net/Details.aspx?jimare=200333
Central Bank: We Support Projects Adopted By Young People
The Central Bank of Iraq affirmed its support for projects adopted by young people to achieve their ambitions.
The bank said in a statement, that it “participated in the closing ceremony of the national competition for entrepreneurship, which was held in the Baghdad Youth Hostel, with the support of the Tamkeen initiative, which is supervised by the Central Bank of Iraq and the Association of Private Banks.”
He added, “The Deputy Governor of the Central Bank of Iraq, with the participation of other personalities, honored the owners of community benefit projects participating in the competition.”
The Deputy Governor said during a speech at the ceremony, according to the statement, that “the Central Bank of Iraq supported the economic sector through a development initiative that started with an amount of 6 trillion dinars and reached 18 trillion dinars to support the real economic sector.”
He added, “The Central Bank of Iraq is supportive of projects adopted by young people to achieve their ambitions from his initiative loans and enable them to establish their own projects.”
https://www.radionawa.com/all-detail.aspx?jimare=30403
To read more current and reliable Iraqi news please visit BondLady’s Corner: https://www.bondladyscorner.com/
