General MacArthur: Is that truly what people are expecting here? The budget will reveal the rate?
BigIron: With all the articles our newshounds bring daily saying that Iraq is in fact international IMO the budget could be the reveal. Or the 2nd. article. Or the upcoming investment conference. We could see the rate on CBI. There could be an announcement by the Prime Minister. Frank and Delta are expecting the reveal as well and they have the best record on the net concerning our investment.
2Cents: Twilight News
9 hours ago
Cabinet held its regular session on Tuesday under the chairmanship of Prime Minister Adel Abdul Mahdi.
The Cabinet discussed the government curriculum, where it was signed by the President and members of the Council of Ministers to be converted to a document for implementation containing the details of the work, and will be published in the media during the next two days.
Abdul Mahdi stressed during the presentation of the curriculum that the Council of Ministers with all its members will have to follow the curriculum and accounting for it, calling to overcome the routine in order to achieve the goals.
During the meeting, the rules of procedure of the Council of Ministers were presented and the observations and views were taken for approval soon.
The Council of Ministers hosted the Financial Budget Team from the Ministries of Finance and Planning. Some of the texts, movements and observations were discussed and the issuance of budget instructions was accelerated.
The Council approved the minutes of the third meeting of the government program review team and the prioritization of government projects and their cost estimates within the budget estimates (2019-2022).
The members of the Council of Ministers also briefed on the draft declaration for the selection of the President and members of the Federal Public Service Council, and voted on the draft, which will be announced later and includes the conditions to be provided by the applicant for positions.
The Council of Ministers approved the establishment by the World Bank of the Fund for Recovery and Reconstruction of Iraq, and voted on the project for the establishment of the Training Center for Airmen and Airmen.
In conjunction with the Book Fair, the Council of Ministers decided to reduce customs duties on imported books.
The Council of Ministers voted to exclude employees in the institution of political prisoners from the amounts owed by their due to the error of the administration and those who were martyred from them.
The Cabinet decided to reopen a memorandum of understanding between the Ministry of Commerce of the Republic of Iraq and the United States Embassy in Baghdad regarding the purchase and processing of wheat back to the Council of Ministers.
FamilyBusiness: Economy…with the help of Iraq .. Iran announces the solution of one of its biggest financial problems
5 hours ago
“The Iranian banks can now open assets in Iraqi banks and deal with them in the currency of the dinar and the euro,“ said the governor of the Central Bank of Iran, Nasser Hamati, who said that Iranian exporters can now carry out their business and conduct banking transactions through Iraqi banks.
The governor of the Central Bank of Iran, “Nasser Hamati,” met today, the second day of his visit to Iraq, with heads of Iraqi banks and members of chambers of commerce and a number of Iraqi economic activists.
“The United States, through two stages of severe sanctions against Iran, sought to bring chaos to the Iranian street by weakening the Iranian currency, but it did not succeed, as I managed to control the currency market and reduce inflation,” Hamati said.
Hamati pointed to the agreements concluded between the two sides, describing banking relations as the key to the development of economic relations between the two sides. He also pointed to the determination of officials in both Iran and Iraq to expand relations at various levels between the two countries and to support Iraqi Prime Minister Adel Abdul Mahdi, Ongoing negotiations between Iran and Iraq and the agreements reached in the framework of strengthening their bilateral relations.
“Based on the agreements concluded, the central bank of Iran is due to have assets in euros and dinars, where oil and gas transactions will be carried out through these funds,” Hamati said.
The Iranian central bank governor said that Iraq is Iran’s biggest and most important partner. “According to the agreements, Iranian exporters can carry out their commercial activities through Iraqi banks, and Iranian banks can open balances in dinars in Iraqi banks. Which is shown by the Iraqi Prime Minister, is expected to become relations between the two parties stronger than before, which leads to the strengthening of trade and economic relations. ”
He added that Iraqi companies also can open assets in Iranian banks and conduct banking transactions in dinars.
The head of Al-Rasheed Bank of Iraq suggested that a division of this bank be established in Iran, considering that this will play an important role in bilateral trade relations. The Governor of the Central Bank of Iran welcomed this proposal, describing the establishment of branches of Iraqi banks in Iran to facilitate transactions and expand agreements between The two side
Samson: Indonesia’s economy is growing at its fastest pace in 5 years through 2018
6th February, 2019
Indonesia ‘s economy grew last year , the largest pace in five years, as the acceleration of his performance in the fourth quarter of last year, with higher household consumption and exports
Statistics released on Wednesday by the National Statistics Agency showed GDP rose by 5.17 percent last year, the biggest growth since 2013
Analysts had forecast Indonesia’s economy would grow by 5.15 percent in 2018
In the last quarter of last year, Indonesia’s economy rose by 5.18% year-on-year, while on a quarterly basis, the Asian nation’s gross domestic product fell 1.69%
Analysts had expected Indonesia’s economy to fall 1.75%
Household consumption in Indonesia increased by 5.08 percent in the three months to December, the data showed
As for Indonesian investments, it increased by 6.01% year-on-year in the last quarter of 2018, while exports grew by 4.33%
By 1010 GMT, the Indonesian rupiah edged up to an 8-month high of 0.3 percent to 13920 rupees LINK