Iraqi News Late Thursday Evening 7-7-22
TLM724 Administrator BondLady’s Corner
To Discuss Cooperation And Coordination Between The Two Countries.. The Minister Of Interior Meets The American Ambassador To Iraq
Posted On2022-07-07 By Sotaliraq Today, Wednesday, Minister of Interior Othman Al-Ghanimi met with the US Ambassador to Iraq, Mrs. Alina Romanovsky. At the beginning of the meeting, the Minister welcomed his guest and discussed with her a number of issues of mutual interest.
They also discussed enhancing cooperation and coordination between the two countries, especially in the security field. The Minister emphasized the agreements to combat terrorism and organized crime, including the fight against narcotics and psychotropic substances.
In another context, Mr. Al-Ghanimi pointed to the need to work with international organizations working in Iraq in the field of migration, praising at the same time the support provided by these organizations, especially in the humanitarian aspect.
For her part, Mrs. Romanovsky praised the efforts of the Iraqi security forces and what they achieved in combating terrorism and crime and enhancing security and stability, stressing her country’s keenness to develop relations between Iraq and America. LINK
4 Billion Dinars, The Value Of Iraqi Stock Trading In The First Week Of July
Economie Thursday, July 7 2022 4:57 PM National News Center/ Baghdad
The Iraqi Stock Exchange announced, on Thursday, that more than (4) billion shares were traded this week.
The market said in a statement received by the National News Center that “the value of shares traded this week is more than (4) billion dinars,” noting that “the market trading index for the first session of the week closed at 573.45 points, while the index closed at the end of the week. The week reached (569.84) points, achieving a decrease of (0.63%) compared to its closure at the beginning of the session.
He explained, “During the week, more than (3000) purchase and sale contracts were executed on the shares of companies listed in the market.” https://nnciraq.com/139515/
The European Union Mission: We Are Committed To Ensuring The Implementation Of Development Strategies In Iraq And Providing Thousands Of Job Opportunities
Thursday 07, July 2022 15:57 | Economic Number of readings: 144 Baghdad / NINA / – The European Union mission in Iraq affirmed its commitment to ensuring the implementation of sustainable development strategies on the ground in Iraq, which would contribute to providing thousands of jobs and job opportunities.
The Director of Cooperation for the European Union Mission in Iraq, Barbara Ecker, said, during the official signing of the launch of strategies for the poultry and tomato sectors for sustainable development in Iraq, with the support and funding of the European Union and the International Trade Center, today, Thursday in Baghdad, that “the Iraqi agricultural sector, especially agricultural food and its food chain. Great economic potential in the field of growth and jobs, as well as ensuring food security, which is Iraq’s way to progress in adopting policies and mitigating climate change.”
She added, “The agri-food sector has a great potential in bridging the gap between citizens and food shortages, as well as developing housing in urban areas,” noting that “the agri-food sector in Iraq can continue to empower the private sector by strengthening private institutions, establishing a regulatory framework, and producing It can develop the agricultural sector in the necessary economic and agricultural reforms, which can indicate a positive cycle through which to mobilize regional and national investments.”
And she continued, “Our duty is to ensure the integration of strategies and make them alive and implement the measures we agreed upon, as it will enable us to provide large jobs about 1,700 jobs, and this can contribute to creating great economic growth and developing livelihoods for Iraqis and beginning with the farmers who we ensure that they Iraqis produce Iraqi food that is on the consumer’s table.”
The UN official stressed, “Food security is the most important thing on our mind these days when we look at the increase in prices and the difficulties of producing local food, so we invite you to advocate for the responsibility for food production, as well as the responsibility for food consumption, because we know that every Iraqi member of the family wastes about 120 kilos.” grams of food annually, and we know that the food basket is on its way to retailing, 50% of it will be lost, if not more than that.”
She explained, “We are not only talking about the strategies that are available tomorrow, but we are talking about strategies that can contain realistic concrete action plans on the ground,” stressing that “this strategy shows a comprehensive, multi-dimensional methodology to identify the activities that will improve competition in the poultry and tomato sectors, as well as In the face of imports, the development of the Iraqi citizen and the provision of good quality table food, and this is a strategy that shows large and tangible measures in medium and small businesses and creating a connection between farms and the market.”
She added, “The European Union is cooperating with the International Trade Center and our partners in the Agriculture and Food Organization, as well as the International Labor Organization and our partners in the International Organization for Migration, to implement these strategies during the next four years, and this implementation will not be successful without your effective engagement with stakeholders and ministries of agriculture, trade and labor , as well as working with private sector men and representatives of agricultural unions and associations https://ninanews.com/Website/News/Details?key=986587
Alia Nassif On Customs Revenues: They Will Become The Way To Save Us From The Rentier Economy
Thursday 07, July 2022 10:36 | EconomicNumber of readings: 403 Baghdad / NINA / – Representative Alia Nassif described the high revenues achieved by the General Customs Authority last June as “paving the way for saving Iraq from the rentier economy dependent on oil.”
And she said in a statement today: “The Customs Authority set a record compared to the months of June in previous years, as its revenues amounted to more than 99 billion dinars, despite the exemption of food and construction materials from customs duties in accordance with the decision of the Council of Ministers.”
She added: “We have always called on the concerned authorities during the previous years to monitor the work of the border crossings and to advance this important sector, because it will become one of the main sources of income for the people. And a real estate thief who will be summoned successively .. including the honest and successful in his work,” indicating that “the Customs Authority, after it was paid attention to and the work of the outlets and their management by professional elements, returned their revenues to add strength to the Iraqi economy.”
Nassif indicated: “These revenues will soon contribute to reducing the risks of the rentier economy dependent on oil exports, and contribute to the advancement of the rest of the important sectors, if these funds are used correctly.”/End of 7 https://ninanews.com/Website/News/Details?key=986525
IMF: The World Is On The Verge Of A Recession
Arabic and international Economy News _ Baghdad Kristalina Georgieva, director of the International Monetary Fund, did not rule out a global recession next year, in light of the current huge risks, and said in a press statement today, Thursday, that the outlook for the global economy has “much worsened” since April.
According to “Gorgieva”, the Fund will reduce in the coming weeks its forecast for a growth of 3.6% in the global economy for the third time this year, adding that the economists in the Fund are still preparing the final new ratios.
The International Monetary Fund is expected to publish its updated forecasts for 2022 and 2023 in late July, after it reduced its forecast by nearly 1% last April, and the global economy had achieved growth in 2021 by 6.1%.
“The outlook since our last update in April has become significantly bleak,” Georgieva said, pointing to a larger spread of global inflation, more significant interest rate increases, slowing economic growth in China, and escalating sanctions related to the Russian war. in Ukraine.
“We are in the midst of choppy waves,” she added.
In her response to the possibility of ruling out a global recession, the fund manager said, “The risks are increasing, so we cannot rule it out.”
She added that recent economic data showed that some large economies, including those of China and Russia, contracted in the second quarter, indicating that risks may be higher in 2023.
And she continued, “The year 2022 will be difficult, but the year 2023 may be more difficult. The risks of recession increased in 2023.” 98 . views Added 07/07/2022 – 9:11 AM Update 07/07/2022 – 5:22 PM
https://economy-news.net/content.php?id=28823
Weekly Trading Indicators For The Iraqi Stock Exchange
Market The Iraqi Stock Exchange organized during the first week of July 2022 five trading sessions from Sunday 03/07/2022 to Thursday 07/07/2022. The following indicators were achieved during this week:
- The number of shares traded during this week More than (4) billion shares.
- The value of traded shares this week amounted to more than (4) billion dinars.
- The trading index in the market closed for the first session of the week at (573.45) points, while the index closed at the end of the week at (569.84) points, achieving a decrease of (0.63%) compared to its closing in the first session.
- During the week, more than (3000) purchase and sale contracts were executed on the shares of companies listed in the market. Views 81 Added 07/07/2022 – 3:05 PM Update 07/07/2022 – 5:33 PM
https://economy-news.net/content.php?id=28833
The United Nations Talks About A Project (That Will Revive) Iraqi Agriculture
Reconstruction and building Economy News – Baghdad Today, Thursday, the United Nations confirmed that the strategies of the poultry and tomato sector for sustainable development will revive Iraqi agriculture, while identifying three measures to solve the water problem.
The representative of the Secretary-General of the United Nations in Iraq, Irina Vojakova Solorano, said in a speech during the official launch ceremony of the poultry and tomato sector strategies for sustainable development in Iraq, according to the official news agency, “This project is very important and can give energy to farmers and the private sector to work
They improve the quality and the important thing is to improve food products in Iraq,” noting that “Iraqi agriculture will recover through this project carried out by the International Trade Center with our partners in the International Labor Organization and the International Organization for Migration.”
Solorano added, “We are very committed to our partner, the United Nations, and thanks to the European Union, which finances the programme, and we hope to continue cooperating and developing this important sector to provide the Iraqi markets with what they need.”
She pointed out that “time is not easy, and climate change and the water issue in Iraq require good and rational management and government support to develop water resources,” adding: “Not only for the quality of water, but for providing it to farms, families and homes.”
And she continued: “Especially when it comes to agriculture, it needs the sun, soil and clean water, and it needs good industry that will process or package foodstuffs to be suitable for consumption in Iraqi society, whether in tomatoes or poultry.”
This morning, Thursday, the Ministry of Agriculture announced the launch of strategies for the poultry and tomato sector for sustainable development in Iraq.
Views 252 Added 07/07/2022 – 4:13 PM Update 07/07/2022 – 5:31 PM
https://economy-news.net/content.php?id=28836
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