Iraqi News Monday Afternoon

Iraqi News Highlights Monday Afternoon 1-9-23


Tlm724 Administrator Bondlady’s Corner


Economist: Iraqi-American Talks Are Expected Regarding The Exchange Rate Of The Dollar


Monday 09 January 2023 10:18 | Economical Number of readings: 334


Baghdad / NINA / – The expert in economic affairs, Salam Sumaisem, announced: “There are expected discussions that will be held between Finance Minister Taif Sami and the US Treasury Secretary to develop solutions for the price of the dollar.”


Sumaisem said in a statement to the National Iraqi News Agency / NINA /: “The approval of the budget faces great challenges that the government must expedite in resolving.”



And she explained: “The budget faces the challenges of monetary instability due to the discrepancy in the exchange rate of the dollar and the discrepancy in the price of a barrel of oil and other political issues, in addition to the absence of prior financial planning,” noting: “This chaos needs a serious political decision to expedite the approval of the general budget to implement discontinued service projects. / finished8


The Central Bank Stresses The Importance Of Exchanging Experiences In The Field Of Electronic Payment With India


Drains  Economy News-Baghdad   Today, Monday, the Central Bank of Iraq stressed the importance of exchanging experiences in the field of electronic payment with India.


And the Central Bank stated, in a statement received by the Iraqi News Agency, that “the Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, received the Indian Ambassador to Iraq, Prashant Bisai, and during the meeting, they discussed strengthening bilateral relations, especially economic between the two countries, and providing banking services to the Iraqi community present there for the purpose of treatment, study and trade.” And others, as well as the exchange of banking experiences.


He added, “The efforts of the Central Bank of Iraq focus on strengthening its relations with its counterparts in various countries, and global financial and banking institutions, in a way that serves the interest of the Iraqi banking sector.”


The governor stressed “the importance of achieving the exchange of experiences in terms of electronic payment and banking technologies between the two countries in particular,” explaining that “India is an advanced country in this field.”  He pointed to the “development initiatives that achieved success after their launch.”   Views 105  Added 01/09/2023 – 12:22 PM   Updated 01/09/2023 – 3:57 PM


Deputy: The Operating Budget Rose From 42 Trillion To 60 Trillion Dinars


Money  and business   Economy News – Baghdad   A member of the Parliamentary Finance Committee, Mueen Al-Kazemi, said, on Monday, that the Ministry of Finance “has accomplished what it has to do” and transferred the budget, in its operational and investment parts, to the Council of Ministers for a vote on it.


Al-Kazemi added, “The cabinet met last week with the Ministerial Economic Council and put in place the amendments and final touches on the budget estimated at 140 trillion dinars, at 80 trillion for operational and 60 trillion for investment,” according to the official newspaper.



He pointed out, “If the budget reaches Parliament early next week, the Finance Committee will study it, and there will be two first and second readings and some amendments to be approved at the end of next February.”


And he continued, “The operational budget, which includes the salaries of state employees, has increased from 42 trillion to 60 trillion dinars, which will exhaust the general budget in the future, and will mean serious problems in the event of a decline in global oil prices, and it is necessary to find resources other than oil, by supporting the private sector, investment and advancement.” agricultural and industrial realities.   Views 35   Added 01/09/2023 – 4:28 PM   Updated 01/09/2023 – 4:47 PM


The Rise In The Exchange Rates Of The Dollar Against The Dinar


Economie| 10:04 – 09/01/2023   Baghdad – Mawazine News  Today, Monday, the exchange rates of the dollar witnessed an increase in the local stock exchange.  Sale price: 157,500 dinars per 100 dollars   Sale price: 157,200 dinars per 100 dollars


Al-Hakim: The Growing Percentage Of People Living Below The Poverty Line Is A Warning Bell For The Present And Future Of Iraq


Monday 09 January 2023 12:24 | political Number of readings: 278  Baghdad / NINA / – The head of the National Wisdom Movement, Ammar al-Hakim, affirmed: “The growing percentage of people living below the poverty line in Iraq represents a warning bell for its present and future.”


Al-Hakim said in a statement: “The official reports and statistics, the latest of which are issued by the Ministry of Planning and Development Cooperation, which confirm the growing percentage of people living below the poverty line in Iraq and reaching more than 25% of its total population, represent a warning bell with serious repercussions for the present and future of our country.” And our people.”


Al-Hakim called on Parliament, the government, and relevant institutions to expedite addressing this challenge and make it a top priority. He also urged all political, economic, and media actors to support government efforts to prepare a strategy to support the poor, improve living requirements in the areas of health, education, housing, and improve the income of the Iraqi individual./ End


Al-Mandalawi: Iraq Has Overcome Its Crises And Is Looking Forward To Advancing Its Reality In The Fields Of Development And Economy


Political | 01:23 – 09/01/2023   Baghdad – Mawazine News, First Deputy Speaker of the House of Representatives, Mohsen Al-Mandalawi, affirmed, on Monday, that Iraq has overcome its crises and is looking forward to advancing its reality in the areas of development and the economy.



Al-Mandalawi’s office stated in a statement, “The head of the parliamentary delegation, First Deputy Speaker of Parliament, Mohsen Al-Mandalawi, delivered Iraq’s speech today, during his participation in the thirteenth general meeting of the Asian Parliamentary Assembly, which is being held in the state of Antalya, Turkey, from January 8-10, 2023.” “.


During his speech, Mandalawi called on “the member states of the Asian Parliamentary Assembly to expand joint cooperation to build a true partnership in accordance with the principle of respect for sovereignty,” noting that “the world is going through changes at the political and economic levels, and that it is possible to place the continent of Asia at the forefront of the countries of the world economically and militarily if everyone cooperates.” among themselves, given the vast human and natural resources.


He stressed, “The Iraqi parliament has come a long way in overcoming political crises and is in the process of approving the necessary and important legislation,” noting that “Iraq was able to overcome its security problems and has become stronger today after its victory over terrorism, and recently it succeeded in hosting the 25th Gulf Championship after more than 42 years.” A year has passed since the organization of the last tournament in the country, and this is evidence of the state of stability it is going through.”


He continued, “Iraq is looking forward to cooperation with brotherly and friendly countries to advance its reality at all levels, especially in the areas of development and economy.”


He explained that “Baghdad’s hosting of the meeting of the Standing Committee for Planning and Budgeting in 2019 is evidence of Iraq’s interest in the Assembly, and the importance of Asian parliaments,” reiterating at the same time “Iraq’s firm and supportive position on the Palestinian cause and the right of the Palestinian people to establish their independent state with Jerusalem as its capital.”


The Central Bank Opens An Outlet For Selling Dollars At Baghdad International Airport


Economie| 02:05 – 09/01/2023  Baghdad – Mawazine News  The Central Bank of Iraq announced today, Monday, the opening of an outlet for selling dollars at Baghdad International Airport.


The bank stated, in a statement received by Mawazine News, that it had opened a new outlet for selling dollars in cash to travelers at Baghdad International Airport through the Trade Bank of Iraq (TBI), stressing that the sale will start as of tomorrow, Tuesday, for travelers with a maximum of (5000). US dollar.


The statement added, “The Central Bank of Iraq had earlier expanded the number of bank outlets for selling foreign currency from 20 banks to include all covered and willing banks, after the success achieved by its initiative to enhance the stability of the currency price in the local markets.”


The statement indicated, “The rise in the exchange rate is a temporary situation.” Ended 29/N33




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