Bondlady’s Corner

Iraqi News Highlights Wednesday Evening 5-24-23

Tlm724 Administrator Bondlady’s Corner

Stability Of Dollar Exchange Rates On The Local Stock Exchange

Wednesday 24, May 2023 10:58 | Economical Number of readings: 516   Baghdad / NINA / – The exchange rates of the dollar against the Iraqi dinar stabilized, today, Wednesday, on the local stock exchange.

The selling price of the dollar amounted to 147,000 dinars for 100 US dollars, while the purchase price was 145,000 dinars for 100 dollars.

More Than $265 Million In Central Bank Sales Today

Economy| 12:06 – 05/24/2023  Baghdad – Mawazine News  recorded the central bank’s sales of foreign currency in an auction today, Wednesday, more than 265 million dollars.

The New Commander Of The NATO Mission: A Secure And Prosperous Iraq That Will Make Our Countries Safer And More Prosperous

Wednesday 24, May 2023 16:53 | political Number of readings: 188   Baghdad / NINA / – The new commander of the NATO mission operating in Iraq confirmed: “A secure and prosperous Iraq makes our countries more secure and prosperous.” Lieutenant

General Jose Antonio said, during the official ceremony of replacing the leadership of the NATO mission operating in Iraq, today, Wednesday, in Baghdad, ” Today, a Spanish commander assumes his mission as commander of the NATO mission in Iraq.. There is no significant change in the work of the mission, and continuity is the rule followed, and we continue what his predecessor started.

He explained, “All members of the alliance share the same goals and values. NATO was born because no single country could face the threats posed by external adversaries. Threats and adversaries have changed over the years, but the alliance has adapted to new challenges.”

He added, “NATO consists of 31 countries and an increase of 10 countries that signed the North Atlantic Treaty in 1949, and this organization was originally intended to defend the countries located in the south of the North Atlantic, and NATO in Iraq came according to the request of his government to support the reform of the security sector,” noting that ” The mission is not of a combat nature, but rather to provide advice and deal with the same problems we face.”

He continued, addressing the audience, “Iraqi colleagues, you have your own history, culture, and systems. It is up to the Iraqis to organize their own sector by adapting our advice to their own circumstances. We offer you the opportunity by learning from our experience. The support we provide to Iraq is also beneficial to NATO members. We live.” All of us are in a world where risks cannot be limited to one country or region without others.

And the new European leader stressed: “A secure and prosperous Iraq makes our countries more secure and prosperous, and providing advice is the main task of the NATO mission in Iraq.”/ End 5

The Ministry Of Finance Is Examining Procedures For Approving Electronic Point Of Sale (POS) Systems In Various Economic Sectors

Tuesday 23 May 2023 23:52 | Economical Number of readings: 737  Baghdad / NINA / The Ministry of Finance discussed the procedures for approving electronic point-of-sale (POS) systems in various economic sectors.

A statement by the ministry stated, “Undersecretary of the Ministry of Finance, Masoud Haider, chaired today, Tuesday, an expanded meeting that included the general managers of the ministry’s banks and departments concerned with the project to circulate POS devices. ‘

The meeting discussed procedures for approving electronic POS systems in various economic sectors, by defining a package One of the supporting facilities is to expand the coverage of the use of these devices, which in turn will reduce cash circulation and save money.

The agent said, according to the statement, that “the ministry is seriously supportive of the government’s efforts to implement the decision issued by the Council of Ministers, No. (23044) for the year 2023, which provides for the deployment of (POS) devices,” noting that “the adoption of points of sale works to facilitate the government’s control over the management of Its money through collecting its revenues on the one hand, and on the other hand it works on the development of the banking sector and electronic payment companies.

Sudanese Advisor: The Development Path Will Provide 100,000 Job Opportunities

May 23 22:00    Information / Baghdad  Adviser to the Prime Minister for Transportation Affairs Nasser Saleh Al-Asadi confirmed, on Tuesday, that the

development road project will provide 100,000 job opportunities as a first stage and

one million opportunities after its completion and completion, while he indicated that the

train track within the project will pass through (13) governorates.

Al-Asadi said in a statement to official television and its follower / information / that

“Prime Minister Muhammad Shia’ al-Sudani made it clear more than once that

Iraq will start with a new economic approach that brings together Arab and non-Arab parties in the region, especially neighboring countries, to a sustainable economic approach that guarantees the prosperity and development of the region,” noting that “The development path project is the new nerve of the Iraqi economy.”

He added, “The project will include multiple paragraphs that increase the efficiency of the performance of the Iraqi economy and the societies of neighboring countries,” noting that

“the economic map in the region is an important trade exchange between East and West, and Iraq is located in an important part of this region.”

He stressed that  “the countries invited to launch the development path project confirmed their attendance at the conference of transport ministers of neighboring countries and the Gulf Cooperation Council, which will be held next Saturday and will include the launch of the project,” pointing out that “these countries are interested in this important economic project.”

And he indicated that “the project is vital and will provide financial and societal sustainability, preserve the environment and open various fields,” noting that “the project will provide, as a first stage, 100,000 job opportunities, and it may reach one million job opportunities upon its completion.”  He pointed out that “the project will include ports, new industrial and residential cities, in addition to airports,”

explaining that “the implementation of the project will be towards the desert with the aim of reclaiming land for agriculture, industry and trade, and the train track within the project will pass through 13 governorates.”

He stated that “there is no problem facing the project,” noting that “Prime Minister Muhammad Shiaa al-Sudani and Minister of Transport Razzaq Muhibis al-Saadawi directly supervise the project with the smallest details.” ended 25 nمستشار-السوداني:-طريق-التنمية-سيوفر-100-ألف-فرصة-عمل

Sudanese Advisor: Iraq Will Turn Into A Major Transport Station Between Asia And Europe

Today   Information/Baghdad… Advisor to the Prime Minister Hisham Al-Rikabi confirmed, on Wednesday, that the development  project will shorten the journey to 15 days by land instead of 33 days by sea.

Al-Rikabi said, in a statement to the official agency, followed by “the information”, that “the development road project is one of the major projects, as Iraq will turn into a major station for trade and a major transport station between Asia and Europe.”  And he pointed out, “The project will shorten the sea voyage time from 33 to 15 days.” Ended / 25مستشار-السوداني:-العراق-سيتحول-لمحطة-نقل-كبرى-بين-آسيا-وأورو

Economist: The Workers’ Retirement Law Will Achieve Three Government Goals

May 23 Information / Baghdad ..Economic expert Diaa Mohsen confirmed, on Tuesday, that the

Social Security and Workers Retirement Law will achieve three goals for the benefit of the Iraqi government and economy.

Mohsen said in an interview with Al-Maalouma, “The approval of the Social Security and Work Retirement Law represents a quantum leap in the development of the private sector, in addition to achieving three main factors that are in the interest of the Iraqi government and economy.”

He added, “The first positive factor of the law will lift the government’s burden of appointment claims, because workers in the private sector will guarantee their pension rights in the future from the retirement fund.”  Mohsen pointed out,

“The second factor has given the private sector the opportunity to play its role in developing its productive tools, and thus it will reflect positively on the development of the Iraqi economy, as well as its contribution to reducing the unemployment rate.”

Mohsen pointed out that “despite several observations on the law, its approval at the present time is a first step towards achieving social justice.”

It is noteworthy that the House of Representatives voted last week on the Social Security and Workers Retirement Law. End / 25 pmاقتصادي:-قانون-تقاعد-العمال-سيحقق-ثلاثة-اهداف-حكومية


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