Bondlady’s Corner

Iraqi News Highlights Wednesday Evening 4-19-23

Tlm724 Administrator Bondlady’s Corner

The Iraqi Central Bank’s Sales Of Dollars Increased To More Than 319 Million

Wednesday 19, April 2023 13:12 | Economical Number of readings: 380  Baghdad / NINA / – The Central Bank of Iraq announced today, Wednesday, the increase in hard currency auction sales (dollars), to more than 319 million dollars.  And the currency sale window stated in its bulletin, that “the sales of the foreign currency sale window rose today to more than 319 million dollars.”

She explained that “the total amounts of transfers abroad (remittances, credits) amounted to 93,695,917 million, and the total amounts of cash sales amounted to 225,900,000 million dollars.”/ End 8

A slight rise in the exchange rates of the dollar in the local markets

Wednesday 19, April 2023 10:41 | Economical Number of readings: 353   Baghdad / NINA / – Today, Wednesday, the exchange rates of the dollar against the dinar recorded a slight increase in the main stock exchange and exchange offices in the capital, Baghdad.

Where the central Al-Kifah Stock Exchange in Baghdad recorded, this morning, an exchange rate of 144,200 dinars for every 100 dollars. The selling prices of the

dollar in exchange shops recorded 144,750 dinars, while the purchase prices recorded 143,750 dinars for every 100 dinars. / End8

The Minister Of Finance Discusses With The Ambassadors Of The European Union And Canada The Importance Of Expanding The Horizons Of Bilateral Economic Cooperation

Wednesday 19, April 2023 15:13 | Economical Number of readings: 321  Baghdad / NINA / – The Minister of Finance, Taif Sami Muhammad, received today, Wednesday, the Ambassador of the European Union to Iraq, Phil Fargola, and the Canadian Ambassador to Iraq, Krikori Calikan, and their accompanying delegation.

The ministry said in a statement: “The meeting discussed the consolidation of Iraq’s bilateral relations with the European Union on the one hand and Canada on the other, through the development of mutual cooperation in the field of money, economy and investment.”

And the Minister of Finance affirmed that Iraq is looking forward to strengthening cooperation and establishing economic partnerships with institutions and friendly countries, indicating Iraq’s openness to all forms of exchange and trade and economic partnership with the European Union and Canada.

In turn, the ambassadors of the European Union and Canada expressed their aspiration to enhance the extent of constructive cooperation with Iraq, especially with regard to aspects of money, investment, energy and sustainable development projects.

Deputy: The Government Is Serious About Paying Off All Debts

Money  and business  Economy News – Baghdad  Parliament member Jawad al-Bolani affirmed, on Wednesday, the government’s seriousness in paying all debts owed by Iraq.

Al-Bolani said, “The payment of debts follows a legal and financial mechanism, and the Ministry of Finance, the Central Bank and the Iraqi government put it in the budget law and take into account the state’s financial ability to pay off debts and loans.”

He added, “At the level of Parliament and the political situation, the political forces are not interested in increasing borrowing, and the government is directly responsible for setting schedules and paying debts, short, medium and long-term, and according to the method of dealing with the Ministry of Finance in this file.”

Bolani stressed that “the government is serious about paying all Iraqi debts,” noting that “the expansion of borrowing is not in the interest of the country.”

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