Iraqi News Highlights Monday Evening 12-26-22
Tlm724 Administrator Bondlady’s Corner
The Old Man’s Paper Continues To Rise.. 160 Thousand Dinars Compared To 100 Dollars In The Iraqi Market
Political | 04:40 – 12/26/2022 Baghdad – Mawazine News The exchange rate of the dollar continued its southern rise in the Iraqi markets. The selling price of the 100-dollar dollar record was 159,500 dinars in exchanges. The purchase price was also recorded at 158,500 dinars. LINK
MP Al-Qaisi: The Government Is Able To Rein In The Dollar At Any Moment It Wants
Sunday 25 December 2022 21:25 | Economical Number of readings: 1013 Baghdad / NINA / – Representative Mahmoud Hussein Al-Qaisi affirmed, on Sunday, that the government is able to rein in the dollar at any moment it wants.
Al-Qaisi said in a tweet via Twitter, “With the hundred billions stacked in the Central Bank’s accounts, and with the tons of gold stored in them; in addition to the treasury bonds in the US Federal Bank, controlling the market is subject to a government decision capable of curbing the dollar at any moment the government wants.” He added, wondering: “But when will you take this step!?”./ End 8
Jamal Cougar: The Government Promised To Lower The Price Of The Dollar, But It Lost Control Over It
Monday, December 26, 2022 10:47 | Economical Number of readings: 331
Baghdad / NINA / – Member of the Finance Committee, Jamal Cougar, held the Central Bank, the Ministry of Finance and the Council of Ministers responsible for the significant rise in the exchange rate of the dollar against the Iraqi dinar, while calling on the committee to intensify its meetings to put pressure on the concerned authorities and to know the causes of the rise and address them.
In a statement to the National Iraqi News Agency ( NINA ), Cougar said, “The large rise in the dollar will negatively affect the Iraqi economy, as it will lead to economic stagnation, because the investor and trader are afraid of any fluctuation in the currency that leads to an increase in the prices of goods and services.”
He added, “The government promised to control prices while it lost control, and the market is controlling the price of the dollar against the dinar, and this weakens the government’s ability and loses the citizen’s confidence in it.”
Cougar indicated that “the concerned authorities / the Central Bank, the Ministry of Finance and the Council of Ministers / are responsible for this rise and its treatment, and the Finance Committee should intensify its efforts by hosting those concerned and putting pressure on them.”/ End
A Parliamentary Bloc Warns Of The Collapse Of The Iraqi Dinar And The Continued Rise In The Exchange Rate Of The Dollar
Monday 26 , December 2022 17:10 | Economical Number of readings: 157 Baghdad / NINA / – The Parliamentary National Product Bloc, the government and the Central Bank of Iraq warned of the collapse of the Iraqi dinar and the rise in the exchange rate of 100 dollars to more than 160,000 dinars.
The head of the bloc, Representative Ibtisam Al-Hilali, said, in a press statement today, Monday, that “the exchange rate of 100 dollars in the market exceeded 157 thousand dinars, and is constantly increasing and may reach 165 thousand dinars by the end of the week, and this directly affected citizens through the rise in materials prices.” food.”
And she added, “Some private banks and merchants, with the support of some political parties, are smuggling foreign currency abroad through unofficial outlets, after purchasing the currency at the official price from the currency sale window in the Central Bank of Iraq,” asking Prime Minister Muhammad Shia’ al-Sudani to hold an urgent meeting of the council.
Ministerial Economy to discuss the exchange rate and the collapse of the Iraqi dinar and control the window for buying and selling foreign currency, and to take strict measures against banks and electronic outlets to return the exchange rate to the official price.
And she explained, “There are fears of the continued collapse of the Iraqi dinar and the rise in the dollar exchange rate.”/ End 5 LINK
Because Of The Dollar Crisis.. An Extension Announces The Start Of Collecting Parliamentary Signatures To Interrogate Al-Sudani
political| 05:00 – 12/26/2022 Baghdad – Mawazine News announced, on Monday, the Parliamentary Extension Bloc, the start of collecting parliamentary signatures to interrogate Prime Minister Muhammad Shia Al-Sudani.
And the bloc stated in a statement that Mawazine News received a copy of it, that “from the first moments of the vote on the current quota government, it said extending its speech in a loud voice under the dome of parliament that it is a government that reproduces previous failure experiences, and day after day the value of the Iraqi dinar decreases against the dollar with suspicious government silence.”
And without any government action that gives the Iraqis a glimmer of hope that it will return to the official price, everyone has abandoned their slogans that they cracked the heads of the Iraqis with when they were outside the government system.
She added, “The government failure represented by the failure to deal with the issue of theft of the century and the unfulfilled promises that allowed the release of the main suspect from prison with impunity indicates, categorically and beyond doubt, the involvement of influential official and partisan parties in this theft, so the Imtiad movement and its parliamentary bloc will proceed to collect The signatures for the interrogation of the prime minister in front of Parliament and in full view of all the people of this oppressed people.” LINK
Oil: More Than $8 Billion Iraq’s Oil Revenues For The Past Month
Economie| 02:45 – 12/26/2022 Baghdad – Mawazine News The Ministry of Oil announced, on Monday, the total oil exports and revenues achieved for the month of November, according to the final statistics issued by the Iraqi Oil Marketing Company (SOMO).
The ministry stated, in a statement received by Mawazine News, that “the amount of crude oil exports amounted to 99,868,29 barrels, with revenues amounting to 8,189,602,000 dollars.”
She added, “The total exported quantities of crude oil for the month of November from the oil fields in central and southern Iraq amounted to 97,204,696 barrels, while the exported quantities of Kirkuk oil through the port of Ceyhan were 2,363,200 barrels.”
And the statement added, “The average price of one barrel amounted to (82,004) dollars,” noting that “the exported quantities were loaded by 38 international companies of several nationalities from the ports of Basra, Khor al-Amaya, the mono-buoys on the Gulf, and the Turkish port of Ceyhan.” Ended 29/N33 LINK
Al-Sudani Stresses The Importance Of Partnership And Cooperation With The National Private Sector
Political | 05:14 – 12/26/2022 Baghdad – Mawazine News , Prime Minister Muhammad Shia Al-Sudani stressed, on Monday, the importance of partnership and cooperation with the national private sector.
Al-Sudani’s office stated in a statement, which Mawazine News received a copy of, that “Prime Minister Muhammad Shia’a Al-Sudani conducted an inspection visit to the factory of Al-Narjis Pipes Company in Basra Governorate, and was briefed on the work of the factory, which is one of the development projects for the private sector in the governorate.”
Al-Sudani pointed out, according to the statement, “the importance of partnership and cooperation with the national private sector, and the job opportunities it creates and the provision of the economy with more investment opportunities.” LINK Alia Nassif Stresses The Need For The Executive Authorities To Participate In The Oversight Role
Monday 26, December 2022 12:48 | politica lNumber of readings: 283 Baghdad / NINA / Representative Alia Nassif stressed the need for the executive authorities to participate in the oversight role within their bodies and to take the necessary measures immediately towards those who are proven to have failed in their work, similar to the director general of customs withdrawing the hand of the director of Trebil Customs and his assistant, and referring a number of employees for investigation.
And she said in a statement today: “The Director General of Customs issued a directive to withdraw the hand of the Director of the Trebil Customs, his assistant, the inspection staff, the director of the customs of the export complex, and the inspection committees, and referred them to investigation, and issued a recommendation to take legal measures against the sonar employee of the Border Crossings Authority for their failure to perform their work according to Article 17 of the Law Discipline of state employees, and we believe that this courageous step falls within the framework of the heads of bodies and general managers exercising the oversight role within their institutions and taking the necessary measures immediately and bypassing the routine circles that those who fail to use mediation and nepotism may exploit with impunity.
Nassif expressed her hope that “the executive authorities will take upon themselves the responsibility of correcting the course of action, revealing negligence, and holding the negligent accountable without delay.”/ End 8 LINK
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