Bondlady’s Corner

Iraqi News Highlights Sunday Afternoon  2-5-23

Tlm724 Administrator Bondlady’s Corner

Alia Nassif Calls On The Public, Political Forces, Cultural And Media Circles To Support The Iraqi Dinar

Posted On2023-02-05 By Sotaliraq  Representative Alia Nassif called on the public, political forces, cultural and media circles to support the Iraqi dinar and support strict government efforts to limit tampering with the people’s livelihood, expecting a continued decline in the exchange rate of the dollar against the dinar with the continuation of the security campaign to pursue currency smugglers and perpetrators of money laundering crimes.

And she said in a statement today: “One of the most important reasons behind (the deliberate and artificial rise) of the exchange rate of the dollar in the markets and stock exchanges is the destructive role of currency speculators, dollar smuggling groups, and money laundering mafias, and with the state declaring war on these, the price of the dollar fell and will continue to decline quickly.” Indicating: “This economic war is one of the difficult challenges facing the current government, and it must win.”

Nassif called on all political forces, the masses, cultural and media circles, activists and bloggers to “support the Iraqi dinar and support strict government efforts to limit manipulation of the dollar’s exchange rate against the dinar and cut off those who tamper with the Iraqi people’s livelihood.” LINK

An Independent Deputy To / Nina /: The Dollar Crisis Will End, And The Budget Will Be Approved Soon

Sunday 05 February 2023 13:01 | GeneralNumber of readings: 314

Baghdad / NINA / – Independent MP Kazem Al-Fayyad affirmed that the dollar crisis and the fluctuation of its price in the local market will end.

He told the National Iraqi News Agency ( NINA ) that the government is determined and with steady and deliberate steps to end the currency crisis that has emerged during the current period and has clearly affected the movement of the local market.

Al-Fayad added that it is not possible to accept the continuation of the crisis for a long time while the Iraqis are waiting for the approval of the budget, on which several issues and various sectors depend.

He expected that the budget would be approved soon after its arrival from the Council of Ministers to Parliament./ End 3

7 Million Dinars.. The Average Iraqi Per Capita Income In 2022

Sunday, February 5, 2023 12:18 PM   Baghdad / National News Center   Today, Sunday, the Ministry of Planning confirmed that the average Iraqi per capita income amounted to 7 million dinars during the 2022 indicator.

“The average per capita GDP at current prices ranged between 6.5 to 7 million dinars over the past year,” said the ministry’s spokesman, Abdul Zahra Al-Hindawi, in a press interview.

He added that “the rise in oil prices contributed to the rise in the average per capita share of the domestic product,” noting that “the average per capita income is calculated by dividing the gross national product by the country’s population.”

The per capita income, or income, is an economic indicator that measures the degree of economic development in a country and its social impact, and this is done by dividing the value of the gross domestic product by the population.

The Four Presidencies Discuss The Most Important Economic Challenges And The Measures Taken To Address Them

Prime Minister Muhammad Shia al-Sudani held a meeting with President Abdul Latif Jamal Rashid, Speaker of Parliament Muhammad Rikan al-Halbousi, and President of the Supreme Judicial Council, Judge Faiq Zaidan, to discuss the political and economic situation in the country.

The media office of the Prime Minister said in a statement: “Prime Minister Muhammad Shia’ al-Sudani hosted, in the government palace, a meeting that included President Abdel Latif Jamal Rashid, Parliament Speaker Muhammad Rikan al-Halbousi, and President of the Supreme Judicial Council, Judge Faiq Zaidan.”

He added, “The meeting witnessed discussion of the most important political, economic and social conditions at the national level, and discussion of a number of pressing issues and their repercussions on the reality of the country, and research on the progress of implementing the government program and its meeting the aspirations of citizens in services and care.”

He continued, “The meeting discussed the most important economic challenges and the measures taken to address them, in a way that guarantees the protection of the poor and vulnerable classes.”

We Coordinate With International Companies And Support Private Sector Initiatives To Develop The Iraqi Market

Trade for / Nina /: Sunday 05 February 2023 | Economical Number of readings: 167  Baghdad / NINA / – The Ministry of Commerce affirmed its support for all national initiatives from the private sector to support the Iraqi local market in various fields.

The Undersecretary of the Ministry of Commerce, Sattar Al-Jabri, said, in a statement to the National Iraqi News Agency ( NINA ), “We are currently coordinating with solid international companies that have proven the quality of their work and their positive dealings with the quality of products offered to the Iraqi local market.”

He added, “There are many positive indicators in keeping pace with renewable energy projects and reducing gas emissions and fuel consumption. We have also received qualitative observations and proposals based on solid industries for the local private sector and the government sector together, and work is underway to crystallize them to see the light on the ground in the next stage soon.” /End 5

The Minister Of Finance Reveals The Main Benefits Of The Public Administration System

Money and business  Economy News / Baghdad  Today, Sunday, Minister of Finance, Taif Sami, revealed the basic benefits of the public financial management system.

The Ministry of Finance said in a statement that “Finance Minister Taif Sami held, today, a joint meeting with the World Bank team and members of the steering committee for the implementation of the public financial management system project, in the presence of a number of general managers of the departments concerned with the (IFMIS) project,”

indicating that “the meeting discussed The outputs approved during the previous period, and a review of the next stages of project implementation according to the specified timelines and the allocated costs, as well as examining the extent to which the system responds with the rest of the sub-systems such as preparing the federal budget, procurement and payment systems, fixed assets, the salary system, the revenue system, and cash management.

And she continued, “The Minister listened to a detailed presentation about the design and implementation of the next phases of the project, and its direct relationship to the unified treasury account system, in a manner that suits the nature of the financial and accounting system in Iraq, as well as the advantages that the application of the system provides for the optimal use of the state’s monetary resources.”

The minister stressed that “the main benefits of the system are its ability to improve financial and administrative reports and a comprehensive account structure for the federal government and unify the structure of accounts with independent bodies, in addition to issuing reports according to government financial statistics and laying the foundations for decentralized accounts in federal ministries, and adopting an internationally recognized accounting information system.”

And an information system at the latest international level technically and scientifically, improving control and auditing processes, as well as improving management of revenues, expenses, cash, cash flows, salary accounts, and follow-up on project cost accounts.


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