Bondlady’s Corner

Iraqi News Highlights Saturday Afternoon 3-11-23

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Al-Araji: The Current Government Is Pursuing A Policy Of Openness To Countries And Developing Relations In All Fields

Saturday 11 March 2023 16:48 | political Number of readings: 258  Baghdad / NINA / – The National Security Adviser, Qassem Al-Araji, affirmed that the current government is pursuing a policy of openness to countries and developing relations in all fields.  Al-Araji’s media office said, “National Security Adviser Qassem Al-Araji received in his office today the Chairman of the Council of Arab Ministers of Justice, Moroccan Minister of Justice, Abd al-Latif Wehbe, and his accompanying delegation, in the presence of Minister of Justice Khaled Shawani and Senior Undersecretary of the Ministry Ziyad Al-Tamimi.”

He added, “During the meeting, they discussed prospects for cooperation between Iraq and the Kingdom of Morocco, and strengthening the bonds of partnership and brotherhood between the two countries and the two brotherly peoples, in addition to reviewing the most prominent issues and challenges regionally and internationally.”

The Moroccan Minister of Justice praised “the strategic strength Iraq possesses and an active role in the region,” pointing out, ”

For his part, Al-Araji affirmed, “The Sudanese government is pursuing a policy of openness to countries, communication, and the development of relations in all fields, including the development and strengthening of relations with the Kingdom of Morocco, and cooperation between the Iraqi Ministry of Justice, the National Security Adviser, and the Moroccan Ministry of Justice, in ending the prisoner file in accordance with the laws of The two countries and the study of humanitarian cases./ End 7

More Than $883 Million Iraqi Currency Auction Sales In A Week

Posted On2023-03-11 By Sotaliraq   The total sales of the Central Bank of Iraq in hard currency to the dollar during the past week amounted to more than 883 million dollars.

Our correspondent stated that the Central Bank sold during the past week for the five days in which the auction was opened, starting from Sunday to Thursday, the amount of 883 million and 708 thousand and 462 dollars, with a daily average of 176 million and 741 thousand and 692 dollars, compared to 145 million and 461 thousand and 509 dollars, up by 21.5 percent. % over the previous week.

Our correspondent added that the highest dollar sales during the past week were on Tuesday, when sales amounted to 223 million, 406 thousand and 794 dollars, while the lowest sales were on Thursday, when sales amounted to 125 million, 823 thousand and 508 dollars.

He pointed out that sales of foreign remittances amounted to 535,808,462 dollars compared to cash sales, which amounted to 347,900,000 dollars, an increase of 35.7%.

Sales went in the form of cash and remittances abroad to finance foreign trade, while the selling price of documentary credits and international settlements for electronic cards amounted to 1,305 dinars per dollar, while the selling price of remittances abroad and the cash sale price amounted to 1,310 dinars per dollar.   LINK

The Stability Of The Dollar Exchange Rates In Baghdad With The Closing Of The Stock Exchange

Economy   Saturday, March 11, 2023 4:21 PM   Baghdad / The National News Center  The stability of the exchange rates of the US dollar against the Iraqi dinar, today, Saturday, with the closure of the main stock exchange in Baghdad.

The correspondent of the National News Center said, “The central Kifah Stock Exchange in Baghdad closed at an exchange rate of 157,100 Iraqi dinars against 100 dollars, while the prices recorded this morning were 157,050 dinars against 100 dollars.”

He added, “The buying and selling prices in exchange shops in the local markets in Baghdad have stabilized, as the selling price reached 158,000 Iraqi dinars, while the purchase prices reached 156,000 dinars for every 100 dollars.”

An Economist Told NINA: The Delay In Approving The Budget Will Have Negative Repercussions On The Country’s Economy

Saturday 11 March 2023 09:34 | Economical Number of readings: 387   Baghdad / NINA / – The expert in economic affairs, Raad Twij, confirmed that the delay in approving the budget more than this period will have negative repercussions on the country’s economy.

Twigg said in a statement to the National Iraqi News Agency / NINA / that “the delay in approving the budget could have a meaning in the great difficulty in controlling its accuracy and the direct follow-up of the Prime Minister in order to match it with the implementation of the provisions of the government program in developing the Iraqi economy, and to work for the parties to agree on it, this From the political side, but from the economic side, it will reflect negatively on the country’s economy.”

He added, “This delay may be behind the large deficit of the budget, which is offset by the difficulty of financing, so the delay in approving the budget more than this period may have undesirable economic and monetary repercussions in the future.”

The economist stressed the necessity of approving the budget before it is too late and entering into an emergency budget that may affect the operational budget, affect the salaries of state employees, and stop service projects due to lack of funding for them. /


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