Iraqi News Thursday Evening 6-30-22
TLM724 Administrator BondLady’s Corner
The Price Of Basra Heavy Crude Rose To More Than 106 Dollars A Barrel
Thursday 30 June 2022 10:59 | EconomicNumber of readings: 212 Baghdad / NINA / – The price of Basra Heavy crude rose, on Thursday, for the second day in a row, to record more than $106 a barrel.
Basra Heavy crude, exported to Asia, rose 24 cents, a change of 0.23%, to reach $106.63 per barrel.
All OPEC crude prices also rose, as Iran’s heavy mix scored $112.03, an increase of 0.87 cents, while the price of Angolan Girassol crude reached $120.96, an increase of $1.74, while the UAE’s Murban crude reached $119.54, an increase of 0.41 cents, and Saudi Arabian crude reached $116.00, an increase It amounted to 0.40 cents, while Algeria’s Sahran blend scored $121.90, an increase of $1.82, and Nigeria’s Bonny crude amounted to $122.03, an increase of $1.50.
Oil prices rose during the past two days with limited global crude oil production and the embargo imposed on Russian oil, the second largest oil producer in the world. https://ninanews.com/Website/News/Details?key=985213
The Stability Of Dollar Prices On The Iraqi Stock Exchange
Economie| 10:35 – 30/06/2022 Baghdad – Mawazine News The dollar exchange rates witnessed stability, today, Thursday, on the Iraqi Stock Exchange. And the selling prices of the dollar were recorded at 148,500 dinars per 100 dollars, while the purchase prices of the dollar were recorded at 147,500 dinars per 100 dollars. https://www.mawazin.net/Details.aspx?jimare=198062
The Iraqi Stock Exchange Announces The Weekly Trading Indicators
Economie| 03:18 – 06/30/2022 Baghdad – Mawazine News The Iraqi Stock Exchange announced, on Thursday, the trading indicators during the fourth week of June 2022.
A statement to the stock market received / Mawazine News / a copy of it stated, that “the Iraqi Stock Exchange organized during the fourth week of June 2022 five Trading sessions from Sunday 06/26/2022 to Thursday 06/30/2022, during this week the following indicators were achieved:
- The number of shares traded during this week reached more than (3) billion shares
. More than (Cool billion dinars traded in this week
- The market trading index closed at (579.08) points for the first session of the week, while the index closed at (574.27) points at the end of the week, achieving a decrease of (0.84%) compared to its closing in first session.
- During the week, more than (2700) contracts of buying and selling were executed on the shares of companies listed in the market. https://www.mawazin.net/Details.aspx?jimare=198091
Iraq Achieves More Than 11 Billion Dollars From Selling Oil In One Month
Economie| 02:53 – 06/30/2022 Baghdad – Mawazine News, Thursday, the Ministry of Oil announced the total oil exports and revenues generated for the month of May, according to the final statistics issued by the Iraqi Oil Marketing Company (SOMO).
The ministry said in a statement received by Mawazine News that “the amount of crude oil exports amounted to 102 million 303 thousand and 20 barrels, with revenues of 11 billion and 477 million and 496 thousand dollars.”
She pointed out that “the total quantities of crude oil exported for the month of May from oil fields in central and southern Iraq amounted to 98,946,914 barrels, while the quantities exported from Kirkuk oil through Ceyhan port were 3,2,133 barrels.”
She added, “The average price per barrel amounted to (112,191) dollars,” pointing out that “additional revenues were achieved from selling quantities of shipments of exported crude oil at a price premium, as the total revenue for them reached (404,980,
And she added, “The exported quantities were loaded by (35) international companies of different nationalities, from the ports of Basra, Khor Al-Amaya, mono-buoys on the Gulf and the Turkish port of Ceyhan.” Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=198089
The Results Of The Foreign Currency Sale Window Sunday 3/7/2022
Announcement No. (4678)
Sale date – Sunday 7/3/2022 the details the amount
Total sale for the purposes of strengthening balances abroad (remittances, credits) 244,001,561
Total cash sale 20,000,000 total total sales 264,001,561
Note that: The selling price of the amounts transferred to bank accounts abroad is ( 1460 ) dinars per dollar. The cash sale price is ( 1460 ) dinars per dollar. » The Central Bank of Iraq’s foreign currency sales schedule, Sunday 3/7/2022 https://cbi.iq/currency_auction
The Ministry Of Finance Announces The Launch Of The Technical Support Project For The Financial And Accounting Training Center
Economie Today, 13:29 Baghdad – I know Today, Thursday, the Ministry of Finance announced the launch of the technical support project for the Financial and Accounting Training Center.
The ministry stated in a statement, received by the Iraqi News Agency (INA), that
“today, the technical support project for the Financial and Accounting Training Center was launched, in the presence of the French Ambassador in Baghdad Eric Chevalier and the Director General of the Financial Training Center Ahmed Al-Dahlaki, with the participation of Ghassan Al-Zoghbi and the expert Jean Deeb Al-Haj.” From the Basil Fleihan Economic Institute at the Lebanese Ministry of Finance,” noting that “the project was launched in cooperation with the French Development Agency.” She added that
“this comes within the framework of the close bilateral cooperation between the Republic of Iraq and France, and the economic relations between the two countries, and in implementation of the directives of Finance Minister Ali Allawi to achieve the maximum benefit from various international partnerships,” noting that
“the technical support project includes three basic stages related to the development of a work methodology.” The center,
improving training plans and enhancing the capabilities of actors in financial management, in addition to the preliminary stages related to
evaluating the training needs of the Ministry of Finance and the
response capabilities of the Financial and Accounting Training Center.
Allawi said during his speech on the occasion, according to the statement, that
“the program that contributed to the launch of this project is the culmination of a prosperous phase of partnership and confirms the quality and intensity of cooperation relations between the Ministry of Finance and the French Development Agency,” stressing that
“one of the most important pillars of the renaissance of nations depends mainly on defining plans The strategy provides the will to invest human energies and build experiences and skills for the functional cadres.
The Minister expressed his
“delightful pleasure in launching the project, as it is concerned with a vital area, which is training and development, which is a center of great interest,” explaining that
“the project supports the implementation of the Iraqi government’s reform policy, which aims to
improve the capacity and efficiency of working cadres,
enhance the quality of training services in the financial and accounting fields, and
increase their operational capability.
For his part, Ambassador Eric Chevalier stressed, during his speech,
“the importance of the strategy of the French Development Agency and its effective role in developing bilateral relations between Iraq and France,” stressing
“the support of his country’s government to open broader horizons for cooperation and partnership with Iraq to include various fields and aspects.”
For his part, expert Jean Deeb El-Hajj reiterated the Agency’s commitment to sustainable development and development in Iraq, noting that
“the launch of the technical support project for the Center is the result of continuous coordination with the Ministry of Finance to identify priorities and main axes to reach the goal of joint prosperity, and to support the Center with training programs and development Specialized work mechanisms, facing governance challenges and building human capital. He added,
“The French Development Agency will provide all its efforts through its technical and financial solutions to reach the training and development goals in Iraq.”
The Director General of the Training Center, Ahmed Al-Dahlaki, explained that
“the launch of the project will enhance the capabilities of the Financial and Accounting Training Center to be a reference institution in training for employees of the Ministry of Finance, ministries and agencies not associated with a ministry, as well as other entities participating in the public financial management in Iraq.” https://www.ina.iq/159743–.html
Kurdistan Is Taking Legal Moves To Counter Baghdad’s Pressure On The Oil And Gas File
Political | 07:27 – 30/06/2022 Kurdistan – Mawazine News The Kurdistan Region announced, on Thursday, that it has taken constitutional legal moves to confront the pressures exerted by Baghdad regarding the oil and gas file related to the region,
stressing at the same time that the federal government sent only 400 billion dinars out of a total of 1.2 trillion dinars in the first half of this year.
This came during the first meeting held by the Regional Council for Oil and Gas Affairs, after the amendment of the Oil and Gas Law, headed by the Prime Minister of the Kurdistan Regional Government, Masrour Barzani, and in the presence of the Deputy Prime Minister and Deputy Chairman of the Regional Council for Oil and Gas Affairs Qubad Talabani.
According to an official statement issued by the media office of the Prime Minister, Mawazine News received a copy of it, that the meeting discussed oil revenues and expenditures for the first six months of 2022.
The statement added that in the first paragraph of the meeting, the general revenues obtained from the export and sale of oil were presented, which include the total oil produced, exported and consumed locally, in addition to the average price of a barrel of oil sold during this period.
He pointed out that the meeting dealt with “how to spend revenues in financing the salaries of the six months of this year, as the Kurdistan Regional Government provided the necessary funds from oil revenues to fully finance salaries for six months of 2022.”
The statement stated, “While the federal government should have sent one trillion and 200 billion dinars during the first six months of 2022, it only sent a two-month amount of 400 billion dinars,
while the regional government provided salaries monthly from oil revenues and internal revenues, and distributed salaries in Per month”.
The statement stated that the meeting also discussed other government expenditures, except for salary expenditures obtained from oil revenues in the first six months of 2022, and
it was decided to present the Deloitte report, which is supported by statistics, information and figures, to public opinion next week.
The meeting also stressed, according to the statement, “the need to enhance transparency in this direction, as the region provides the federal government with all information and numbers, and it does so even for public opinion in the region, Iraq and abroad, and will continue to do so, especially since the recent report of the joint team of the financial audit bureaus of the region and Baghdad.”
Regarding the audit of revenues, expenditures, debts and staffing, there is evidence of this fact.”
The second period of the meeting dealt with the latest developments regarding the relationship between the Kurdistan Regional Government and the federal government over the dispute over oil and gas, as well as the legal preparations made by the Kurdistan Regional Government, under the constitution, to confront the pressures of the federal government and the Federal Ministry of Oil.
The meeting stressed the need to solve problems in accordance with the constitution, and reiterated the region’s negotiating delegation’s readiness to visit Baghdad in this regard, according to the statement. Ended 29/R77 https://www.mawazin.net/Details.aspx?jimare=198115
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