Iraqi News Highlights Wednesday Evening 12-21-22
Tlm724 Administrator Bondlady’s Corner
The Kurdistan Region Declares An Official Holiday For One Week
Wednesday, December 21, 2022 2:18 PM Baghdad / National News Center Today, Wednesday, the regional government announced the suspension of official working hours for a week, on the occasion of the New Year holidays. And the Information and Information Department of the regional government stated, in a statement received by the National News Center, that “the regional government decided to grant a holiday that starts from Sunday, December 25, until the first of January of next year.” And she added, “Working hours begin on the second of January in all state institutions.”
A Parliamentary Committee Announces The Most Prominent Contents Of The Budget For The Development Of The Transport Sector
Arab and international Economy News – Baghdad The Transportation and Communications Committee in the House of Representatives recommended, on Wednesday, the allocation of two budgets for railway connectivity and infrastructure for the port of Faw, while stressing the need to form a national governmental telecommunications company.
The head of the committee, Zahra al-Bajari, said, “The most important points raised by the committee within the 2023 budget are interest in railways, and the introduction of a special budget for railway connectivity, in addition to the issue of the metro in Baghdad and Basra as one of the important matters that reduce traffic congestion occurring in those provinces.”
And she continued, “The committee also put forward the Al-Faw Grand Port project, as the project reached the port’s infrastructure, so there must be a special budget for the construction of the infrastructure so that the project is not delayed.”
She pointed out that “the committee also put forward the formation of a national governmental telecommunications company that supports and competes with companies working in telecommunications, which will serve a large class of citizens, as it will open the door to competition through many offers,” calling on “the Ministry of Communications and the Media and Communications Commission to prepare the infrastructure for this project, within the 2023 budget.
Views 55 Added 12/21/2022 – 4:52 PM Updated 12/21/2022 – 5:48 PM
https://economy-news.net/content.php?id=31450
Al-Hakim Appreciates The Government’s Efforts In Maintaining The Momentum Of Regional And International Cooperation And Partnership Relations
Wednesday 21 December 2022 10:41 | political Number of readings: 272 Baghdad / NINA / – The head of the National Wisdom Movement, Ammar al-Hakim, praised the government’s efforts to maintain the momentum of regional and international cooperation and partnership relations on the basis of common interests between Iraq, neighboring countries, and friendly countries.
Al-Hakim said in a statement: We support the Iraqi government and appreciate its efforts in perpetuating the momentum of regional and international cooperation and partnership relations on the basis of common interests between Iraq and neighboring countries and friendly countries, and the convening of the second Baghdad Summit for Cooperation and Partnership in the Hashemite Kingdom of Jordan is an important step in this context.
He added: As we urge the political forces, the media, and social and popular actors to support the government in this field, we call for follow-up on the implementation of the decisions of the second Baghdad summit in a way that enhances support for Iraq in its political, security, development and commercial path, and benefits Iraq and its people and all peoples of the region and the world./ End
A New Rise In Dollar Exchange Rates
Economie| 10:05 – 12/21/2022 Baghdad – Mawazine News Today, Wednesday, the exchange rates of the dollar witnessed a slight increase in the local markets. The selling price of the dollar was 151,400 dinars per 100 dollars, while the buying price of the dollar was 151,300 dinars per 100 dollars. Ended 29/M99 https://www.mawazin.net/Details.aspx?jimare=214719
High Oil Prices
Economie| 08:50 – 12/21/2022 Follow-up – Mawazine News Oil prices rose in early Asian trading on Wednesday, with US crude inventories falling last week and the dollar’s weakness.
Brent crude futures rose 12 cents to $80.11 a barrel by 04:26 GMT, while US West Texas Intermediate crude futures rose 90 cents to $76.09.
US crude oil inventories fell by about 3.1 million barrels in the week ending December 16, according to market sources citing figures from the American Petroleum Institute.
Gasoline stocks increased by about 4.5 million barrels, while distillate stocks increased by about 828 thousand barrels.
The US dollar index, which trades inversely to oil, fell 0.69% in trading on Tuesday, as a weaker dollar makes oil less expensive for non-US buyers.
And rising COVID-19 cases in China kept prices from rising.
Oil prices, which approached an all-time high of $147 a barrel in March after Russia invaded Ukraine, have given up most of their gains in 2022. End 29/M99
https://www.mawazin.net/Details.aspx?jimare=214714
Deputy Khazali: The Recent US Treasury Measures To Meet Iraq’s Need For Dollars To Meet Its Import Expenses Will Increase The Exchange Rate Of The Dollar
Wednesday 21 December 2022 09:10 | Economical Number of readings: 233 Baghdad / NINA / – The representative of Basra Governorate, Faleh Al-Khazali, confirmed that the recent US treasury measures to meet Iraq’s need for dollars to meet its import expenses will increase the exchange rate of the dollar.
Al-Khazali said in a statement, “What the Central Bank of Iraq has done by opening new accounts in the Emirates is a correct step to increase Iraq’s outlets for foreign transfers in order to cover its import expenses, provided that currency dealers and money laundering suspects are removed from this outlet.
Al-Khazali called on the government to assume its responsibilities to reduce The exchange rate ./ finished9 https://ninanews.com/Website/News/Details?key=1021629
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