Iraqi News Highlights Sunday Afternoon 3-12-23
Tlm724 Administrator Bondlady’s Corner
A List Of Dollar Exchange Rates On The Iraqi Stock Exchange For Today
Economy Sunday, March 12, 2023 11:36 am Baghdad / National News Center The National News Center publishes the exchange rates of the dollar against the Iraqi dinar on a daily basis, according to the variables of the currency exchange market in the capital, Baghdad, and the country’s provinces.
in Baghdad: The selling price of the dollar is 157,500 per 100 dollars The purchase price of the dollar is 156,500 per 100 dollars
in the north: The selling price of the dollar is 157,750 per 100 dollars The purchase price of the dollar is 156,750 per 100 dollars
in the south: The selling price of the dollar is 157,750 per 100 dollars The purchase price of the dollar is 156,750 per 100 dollars https://nnciraq.com/192562/
Amer Al-Jawahiry To / NINA /: Opening New Outlets For Selling The Currency… A Step To Improve The Exchange Rate
Sunday 12 March 2023 12:12 | Economical Number of readings: 324 Baghdad / NINA / The consultant in industrial development and investment, Amer Al-Jawahiri, opened new outlets for selling the currency… a step to improve the exchange rate.
He told the National Iraqi News Agency ( NINA ) that the government’s measure to open new outlets will not improve the exchange rate first, but rather it is a step followed by steps to improve the exchange rate in the parallel market, including remittances, the electronic platform, and the work of merchants so that it is fast without delay.
He explained: What is important in all of these steps is the government’s ability to manage the file and increase sales outlets by following up and taking appropriate measures to improve the currency exchange rate./ End https://ninanews.com/Website/News/Details?Key=1039910
Obstacles To Investment Projects On A Meeting Table In The Ministry Of Finance
Money and business Economy News – Baghdad On Sunday, the Ministry of Finance discussed a number of topics on its agenda, and took the necessary decisions and recommendations in this regard.
And the ministry stated in a statement, “The Minister of Finance, Taif Sami, chaired the meeting of the opinion committee in the ministry to discuss a number of issues on its agenda and take the necessary decisions and recommendations regarding them, in the presence of the ministry’s advisor, the head of the National Retirement Authority, and the general directors of the legal, budget, accounting, administrative departments, public debt, the Insurance Bureau, and the two bodies.” Taxes and customs.
The statement added, “The meeting issued a set of decisions, including an emphasis on continuing to hold meetings of the opinion committee in the ministry on a regular monthly basis, in addition to discussing the most important problems and obstacles related to investment projects and ways to solve them, by preparing a summary of the problems and solutions necessary for the obstacles to implementing housing projects in accordance with the regulations and instructions issued.” about it.”
He pointed out that “the meeting followed the stages of implementing the project to modernize the public financial management system (IFMIS), which will contribute to increasing the speed of electronic communication of the Ministry of Finance with other ministries and institutions, and improving the process of monitoring financial accounts and following up on financial appropriations within the budget.”
And he continued, “The requirements for the implementation of the housing project for the Ministry’s employees and departments were discussed, and the emphasis was on the need to complete all stages to ensure the completion of the project as quickly as possible, in addition to following up on the requirements for establishing the building of the General Administration of the Rafidain Bank and making the necessary recommendations in this regard.” https://economy-news.net/content.php?id=32884
For The First Time In Iraq… A “Large And Exemplary” Project To Use Renewable Energy
Energy Economy News – Baghdad On Sunday, Oil Minister Hayan Abdel-Ghani revealed the contract for a solar energy project with a capacity of 1,000 megawatts, while indicating that the government has paid attention to focusing on gas investment and benefiting from this energy.
“The government has paid attention to focusing on investing in gas and benefiting from this energy,” Abdel-Ghani told the official news agency.
He added, “The ministry worked to review the existing projects in gas investment in the southern, central and northern fields,” noting that “the amount of gas used in generating electric power amounted to 56 percent.”
He pointed out, “For the first time in Iraq, a contract will be made for a solar energy project with a capacity of 1,000 megawatts,” noting that it is “a large and exemplary project and an example for the use of renewable energy.”
He continued, “The ministry is working on many projects in the coming period, including a project to invest 200 million cubic feet of gas in Nasiriyah, as well as a project to invest 300 million cubic feet in Maysan, which is one of the promising projects, as power stations will be installed that depend on this gas.”
He pointed out, “The fifth licensing round, mostly gas fields, provides about 750 to 1,000 million cubic feet of gas, and it will be implemented within 3 years as a first stage.”
Sudanese advisor: Approval of the budget in a special session of the Council of Ministers tomorrow
Economy| 11:14 – 03/12/2023 Baghdad – Mawazine News, Advisor to the Prime Minister, Diaa Al-Nasseri, confirmed, on Sunday, that the 2023 budget will be approved in a special session of the Council of Ministers tomorrow.
Al-Nasseri said, “The budget for the current year will be approved and will see the light in a special session of the Council of Ministers to be held tomorrow, Monday.”
He added, “The current year’s budget is expected to be a smart budget and project budget,” according to the official news agency.
And the Minister of Finance, Taif Sami, announced, earlier today, Sunday, the completion of the preparation of the draft budget law, and sending it to the Council of Ministers for the purpose of discussing and voting on it. https://www.mawazin.net/Details.aspx?jimare=221680
Finance: Completing The Preparation Of The Budget Law And Sending It To The Council Of Ministers For A Vote
Economy| 10:55 – 03/12/2023 Baghdad – Mawazine News, Minister of Finance, Taif Sami, announced, on Sunday, the completion of the draft federal budget law for the year 2023, and sending it to the Council of Ministers for the purpose of discussing and voting on it.
Sami added, in a statement received by Mawazine News, that “the completion of the preparation of the project comes in light of exceptional circumstances in the global economy, and it came to deal with the effects of international, regional and local economic challenges.”
She explained, “The next draft budget will focus on development priorities, support for the social protection network, and the most needy groups, as well as providing a safe cover for strategic and sustainable development projects.”
And she continued, “We have worked throughout the past months of the new government’s life to extract a budget that responds to the needs of the Iraqi economy and is consistent with the plans of the government curriculum and the package of financial and economic reforms that the ministry is working to achieve.” https://www.mawazin.net/Details.aspx?jimare=221678
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