Iraqi News Highlights Thursday Afternoon 1-12-23
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The Dollar Is Declining In The Iraqi Market
Economie| 10:22 – 12/01/2023 Baghdad – Mawazine News The exchange rates of the dollar decreased today, Thursday, on the local stock exchange. Selling price: 157,000 dinars per 100 dollars Buying price: 156,500 dinars per 100 dollars https://www.mawazin.net/Details.aspx?jimare=216461
Oil Prices Rise, And A Barrel Of Brent Records 82.74 Dollars
Economie| 10:20 – 12/01/2023 Follow-up – Mawazine News Oil prices rose in early trading, Thursday, based on gains in the previous session, with improved demand expectations in China and growing concerns about the impact of sanctions on Russian supplies.
Brent crude rose 8 cents, to $82.74 a barrel, by 04:12 GMT. US West Texas Intermediate crude also rose 9 cents, to $77.50 a barrel. https://www.mawazin.net/Details.aspx?jimare=216460
Iraq Intends To Launch The Third Phase Of The Poverty Reduction Strategy
Money and business Economy News-Baghdad The Ministry of Planning announced, on Thursday, that it will draw during the next few days the third phase of its strategy, which aims to reduce the poverty line in Iraq for the next five years. .
A spokesman for the Ministry of Planning, Abd al-Zahra al-Hindawi, said in a statement, “The ministry, as the body concerned with drawing development policies and economic plans, is preparing to develop a strategy to reduce the poverty line (the third) in Iraq for the next five years,” noting that “this strategy will take into account the repercussions that Iraq has witnessed.”
During the last two years, which were represented by the health aspects, the Corona pandemic, the economic crisis and the accompanying results, it negatively affected the poor and vulnerable groups in society.
Al-Hindawi added, “This strategy will put issues on the table and seek solutions and remedies for the living requirements of poor families in Iraq,” explaining, “We are talking about multidimensional poverty that includes housing, health, education, and income.
As a result, in each of these axes there are policies and procedures that are implemented by the authorities.” Related”.
And he continued, “With regard to income, it is linked to two main axes: the first is to improve the social protection network by raising the ceilings of salaries granted to those covered and increasing the coverage capacity, meaning the inclusion of a larger number of poor families within the network, and the other axis is related to providing income-generating job opportunities through the rehabilitation and training of young people.” from poor families and the creation of small income-generating projects that contribute to creating a sustainable income for these families to protect them from the difficulty of life.
Al-Hindawi pointed out that “in the food aspect, there are several measures, including improving the ration card file by increasing the items within the food basket and improving the quality of items and the regularity of their distribution to poor families.”
Views 170 Added 01/12/2023 – 11:27 AM Updated 01/12/2023 – 5:00 PM
With Five Sessions For The Iraq Market.. 37 Billion Shares Were Traded, With More Than 22 Billion Dinars
Thursday 12 January 2023 Economical Number of readings: 154 Baghdad / NINA / – During the second week of this month, the Iraq Stock Exchange organized five trading sessions, from Sunday to Thursday.
The market stated in a statement: The number of shares traded during this week amounted to more than (37) billion shares, with more than (22) billion dinars.
He added: The trading index in the market closed for the first session of the week at (588.47) points, while the index closed at the end of the week at (601.63) points, achieving an increase of (2.19%) from its closing at the beginning of the session.
And during the week, according to the statement, more than (3,800) buying and selling contracts were executed on the shares of companies listed in the market./End3
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