Bondlady’s Corner

Iraqi News Highlights Monday Afternoon 5-15-23

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Parliamentary Legal For / Nina /: These Are The Reasons Why The Date For Voting On The General Budget Has Not Been Set Yet

Monday 15 May 2023 17:08 | political Number of readings: 108   Baghdad / NINA / – The Parliamentary Legal Committee revealed the reasons for not setting a date for the voting session on the general budget law so far, while it was suggested that it be presented on the agenda of next week’s sessions and beyond.

Committee member, Representative Raed Al-Maliki, stated, in a statement to the National Iraqi News Agency ( NINA ), that “the delay in the voting session on approving the general budget law so far is due to the fact that the Parliamentary Finance Committee has not completed its meetings with the ministers, governors, and officials of the concerned sectoral authorities, and is still continuing to work daily.” “.

He added, “Next week and beyond will be a suitable date for presenting the general budget law on the agenda of Parliament sessions for the final vote.”

The head of the Parliamentary Finance Committee, Atwan Al-Atwani, had pledged to work on completing the draft budget law and submitting it to the House of Representatives according to the date set by the State Administration Coalition (next Wednesday) for a vote on it, stressing that the Finance Committee has come a long way in checking and reviewing the draft budget law./

The Parliamentary Services Committee Is Holding A Meeting With The Governors To Discuss The Budget / Expanded

Monday 15 May 2023 16:29 | political Number of readings: 137   Baghdad / NINA /- The Parliamentary Services Committee held an extensive meeting in the presence of the governors of the governorates that do not belong to a region to discuss the governorates’ budgets and ways to increase them in light of the reconstruction movements that the citizens are witnessing in the past months. The head of the Parliamentary Services Committee, Ali Al-Hamidawi, stressed, according to the committee’s statement, the need for the absolute support of his

committee To the governorates and increase their allocations in the submitted financial budget, which is to be approved next week, stressing the committee’s intention to sit during the next two days with the Finance Committee in order to make special transfers that will contribute to increasing the governorates’ allocations

. And its general motto is the government of services

The interventions of the members of the Services Committee focused on organizing the governorates for their projects according to priority and the services they provide to multiple segments in their regions, as well as joint coordination with the service ministries and their projects that are implemented on the ground in order to remove obstacles and overcome the problems that stand in the way of their implementation

Low Global Oil Prices

Economy| 09:01 – 05/15/2023  Follow-up – Mawazine News  Oil prices fell on Monday, amid concerns about fuel demand from major global oil consumers, the United States and China, which reduced fears of any cuts in OPEC +.Brent crude futures were down 61 cents, or 0.83%, at $73.54 a barrel by 04:48 GMT.

US West Texas Intermediate crude was at $69.48 a barrel, down 56 cents, or 0.8%. Ended 29/N33

The Minister Of Planning Confirms That The Iraqi Private Sector Has Begun To Feel The Right Steps In Concluding More Partnerships With Its Counterparts In The Countries Of The Region

Monday 15 May 2023 15:27 | Economical Number of readings: 212  Baghdad / NINA / – Deputy Prime Minister, Minister of Planning, Muhammad Ali Tamim, confirmed that the Iraqi private sector has begun to find the right steps in concluding more partnerships with its counterparts in the countries of the region, especially the United Arab Emirates.

The Minister of Planning said during his inauguration of the Iraqi-Emirati Business Forum on behalf of. Prime Minister Muhammad Shayaa Al-Sudani: The establishment of the Iraqi-Emirati Business Forum confirms the depth of bilateral relations, and the joint endeavor to achieve the desired economic integration between the two countries

. Foremost among them is the United Arab Emirates.

He added, “These partnerships will have a significant role in the process of construction and development for various sectors,” noting that “the convening of the Iraqi-Emirati Business Forum indicates the existence of broad and broad horizons for joint cooperation between the private sectors in the two countries, in light of the presence of great investment opportunities in Iraq.”

He continued, “We look forward to achieving more economic and investment integration, and giving great attention to energy and clean energy projects, housing, transportation and agricultural projects,” noting that “the Iraqi government is ready to provide all kinds of possible support and facilities required to provide a suitable environment for businessmen from the two countries.

” We appreciate the primary role that the private sector can play in increasing economic growth rates and reducing dependence on oil through the development of non-oil sectors and manufacturing industries.

He explained that: One of the priorities of the government program is to support the investment and service movement in Iraq, by supporting and encouraging the private sector and investment

The Central Bank’s Sales Of Foreign Currency Fell In Today’s Transactions

Monday 15 May 2023 13:21 | Economical Number of readings: 257

Baghdad / NINA / – Today, Monday, the Iraqi Central Bank’s sales of foreign currency decreased.

According to the schedule of the currency sale window, the Central Bank sold during its auction today 216,446,450 dollars, which the bank covered at an exchange rate of 1305 dinars, per dollar for documentary credits and international settlements of electronic cards, and at a price of 1310 dinars per dollar for foreign transfers, and at a price of 1310 dinars per dollar in cash.

Most of the dollar sales went to enhance balances abroad in the form of (remittances, credits) at $191,946,450, while the rest of $24,500,000 went in the form of cash sales. /Ends8

A Rise In The Exchange Rate Of The Dollar Against The Dinar Today

Monday 15 May 2023 11:04 | Economical Number of readings: 421  Baghdad / NINA / – Today, Monday, the exchange rates of the dollar against the dinar recorded a slight increase in the local markets.

The selling price of the dollar was 147,750 dinars per 100 dollars, while the purchase price was 146,500 dinars per 100 dollars. /


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