Bondlady’s Corner

Iraqi News Highlights Sunday Afternoon 3-19-23

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The Decline In The Exchange Rates Of The Dollar In Baghdad With The Closing Of The Stock Market

Economy  Sunday, March 19, 2023 4:11 PM  Baghdad / The National News Center  The exchange rates of the dollar decreased against the Iraqi dinar, today, Sunday, with the closure of the main stock exchange in Baghdad.  The correspondent of the National News Center said, “The central Kifah Stock Exchange closed in Baghdad at 156,100 Iraqi dinars, compared to 100 dollars, while the prices this morning were 156,300 dinars, compared to 100 dollars.”

He added, “The buying and selling prices in exchange shops in the local markets in Baghdad decreased, as the selling price reached 156,500 Iraqi dinars, while the purchase prices amounted to 155,000 dinars per 100 dollars.”

Central Bank Sales Of The Dollar Recorded A Decrease In Today’s Auction

Economy| 11:46 – 03/19/2023  Baghdad – Mawazine News  The Central Bank of Iraq’s sales of dollars decreased in an auction today, Sunday, to 190,613,245 dollars.  Last Thursday, dollar sales amounted to more than $233 million.

An Economic Center: There Is No New Salary Scale In The 2023 Budget

Sunday 19 March 2023 13:00 | Economical Number of readings: 322 Baghdad / NINA / – The Iraqi Economic Center confirmed that there is no new salary scale in the 2023 budget, indicating that everything that is rumored through news sites and communication sites is nothing more than media statements only.

The director of the center, Wissam Hammal Al-Helou, said in a statement: “We followed the media statements in the past few days and what came out of parliamentary statements regarding the issue of the salary scale. New salary.

He added, “The copies that were leaked to the communication sites are nothing but a law proposal that was not written by the government, and a decision was never issued regarding it, and what it contained of a proposal to raise the salaries of the lower grades needs large additional sums that may contribute to increasing the budget deficit rate, which is estimated at more than 63 trillion dinars.” According to the government, which means that it will not be possible to implement it this year.

And he explained: “Any new salary scale needs real planning and study and the involvement of a number of specialized committees and some specialists in the economic aspect to delve into the smallest details and in a way that the state avoids more massive spending on salaries and achieves justice among all employees and guarantees their dignity.”

Al-Sudani: We Have Drawn Up Plans To Encourage Investment, And We Are Seeking To Diversify Sources Of Income

Posted On2023-03-19 By Sotaliraq   Prime Minister Mohamed Shia Al-Sudani revealed a plan to encourage internal and external investment, pointing out that the opportunity is ripe to launch a comprehensive national campaign for construction, reconstruction and development of services throughout the country. Al-Sudani mentioned, according to what was published on the official website of the government,

“These days are the twentieth anniversary of the fall of the former dictatorial regime, which was the result of decades of oppression, tyranny, mismanagement, and attempts to transcend and assault internally and externally.” He added, “It is time to heal the wounds and move towards a prosperous future for a people who deserve all good.”

Al-Sudani pointed out that “our people have been patient and sacrificed a lot and offered martyrs in order to liberate people and the land from the abomination of terrorism and tyranny, and were able to draft a constitution that made the Iraqi person (man and woman) its main focus, and paved the way for building a state of citizenship, and guaranteed the country’s sovereignty, independence and unity.” .

And he stated, “Our people are waiting for the renaissance, the conditions for which they see available in their country. We do not lack human resources or scientific competencies, nor do we lack natural and unnatural wealth, and geographical location.” Al-Sudani explained, “What we lack is to develop scientific plans and practical programs, and implement them firmly in all fields.”

And he talked about setting up “an integrated program to address the most urgent problems, and we moved from the first moment to remove obstacles, and financial and administrative corruption was one of them, and that is why we took the initiative from the first days to pursue it and target its centers and tools wherever they are.”

Al-Sudani expressed his aspiration to “help all benevolent and keen people in state departments and outside them, to stand by the state and its institutions in this confrontation, which is no less dangerous than terrorism.” He stressed the determination to “rebuild Iraq within a clear vision and a drawn road map based on several stages.”

Al-Sudani noted the start of “the first phase by mobilizing the state’s energies towards construction, economic reform and fighting poverty, as we made it clear in our comprehensive government program in which we set priorities, and the second phase is economic, human, military and security development.”

And he continues, “The ordeals and calamities that the Iraqi people faced, with all its generous components, increased their faith, and that their Iraqi identity is the solid bond that must be adhered to. Sub-identities cannot be a substitute for the national identity and the inclusive Iraqi tent.”

Al-Sudani looks forward to “serious work and cooperation with all friendly countries and international organizations; To overcome the common challenges facing the planet in terms of the environment, climate, desertification, increasing sand and dust storms, water shortages, high temperatures, increasing pollution and diseases, increasing poverty and poor services.

He warned, “The seriousness of these challenges, and we seek to create partnerships and join hands among countries to confront them. And Iraq opens its arms to every good relationship and partnership in security, economy or environment. Al-Sudani stressed, “the urgent need to diversify sources of income, and not to rely on oil revenues as almost the only source to cover budget expenditures, and it is necessary to activate agriculture, industry, tourism, trade, and others.”

And he stated, “We have drawn up plans to encourage internal and external investment and opened the doors to investors and project owners, within a well-thought-out plan and encouraging opportunities.” Al-Sudani continued, “The construction and investment movement will need more trained manpower and build more capabilities.”

Al-Sudani pointed out, “The launch of an advanced program in this field under the name of the Leadership Program to help young people gain the necessary expertise and skills, without forgetting to build military and security capabilities.”

And he believed that “development can only be achieved through internal and external stability, and internal stability means the rule of law and the restriction of weapons to the state, so we will not accept that there are weapons outside the state’s security and military establishment.”

Al-Sudani continues, “External stability means building regional and international partnerships. As Iraq’s strategic location, regional weight, abundance of resources, and influence in the world economy give it the ability to play a major role commensurate with its true size.” He stated, “Iraq’s good relations with brotherly and friendly countries have paved the way for building bilateral and multilateral partnerships with many countries of the world, and we still have many of these relations ahead of us.”

Al-Sudani added, “The opportunity is ripe to launch a comprehensive national campaign for building, reconstruction, and developing services throughout the country. With the help of the people, partners, and friends, we will build a strong and capable Iraq for the coming decades, and we will achieve this in our next plans, which we call (Iraq 2050).”   LINK

The Secretary General Of OPEC Arrives In Baghdad

Economy| 10:16 – 03/19/2023  Baghdad – Mawazine News, Secretary-General of the Organization of Petroleum Exporting Countries (OPEC), Haitham Al-Ghais, arrived on Sunday in the capital, Baghdad.

“Al-Ghais arrived in Baghdad today on a two-day visit at the invitation of Deputy Prime Minister for Energy Affairs and Oil Minister Hayan Abdul-Ghani,” said Oil Ministry spokesman Assem Jihad in a statement.

Jihad explained, “The visit schedule includes meeting with a number of officials in Baghdad, in addition to visiting some historical sites, including the People’s Hall, which hosted the first founding meeting of the organization in 1960.” Ended 29/N33

Iraq’s Oil Exports To America Increased By 81 Thousand Barrels Per Day During The Past Week

Sunday 19 March 2023 10:55 | Economical Number of readings: 361 Baghdad / NINA / – The US Energy Information Administration announced that Iraq’s oil exports to America increased by more than 80,000 barrels per day, on average, during the past week.

The administration stated in a report today that “the average US imports of crude oil during the past week from eight countries amounted to 5.423 million barrels per day, down by 245 thousand barrels per day from the previous week, which amounted to 5.668 million barrels per day.”

The administration added that “the average of Iraq’s oil exports to America amounted to 346 thousand barrels per day last week, increasing by more than 81 thousand barrels as a daily average compared to the previous week, in which oil exports to America reached an average of 265 thousand barrels per day.”/ End11

A Deputy Calls For Declaring The Marshes Of Southern Iraq A Disaster Area

Sunday 19 March 2023 17:17 | Economical Number of readings: 99  Baghdad / NINA / The representative of Dhi Qar Governorate, Hassan Al-Asadi, called on the government to declare the marshes of southern Iraq a disaster area, due to drought and climatic changes.

Al-Asadi said, in a press conference today, Sunday, “The water releases of the marshes have decreased to a large extent, and the percentage of flooding has decreased to less than 20 out of the declared goal for the marshes in 2005 to restore 5560 km 2, and the government deliberately forgot or even ignored the recommendation of the fortieth conference of UNESCO to (provide The minimum amount of water for the marshes of southern Iraq within the World Heritage property to sustain the ecosystem) and the management plan was shelved and not acted upon.

” They returned that “the government has flouted its constitutional and moral obligations regarding helping and redressing the inhabitants of the marshes after a bitter journey of displacement, and paying attention to the requirements their lives “.

Al-Asadi urged the need for a parliamentary visit to the concerned countries to reach understandings on sharing water and damage equally and using various means in order to give Iraq its just water rights. Prices are for a buffalo that does not find water to drink, and the inclusion of the marsh residents in the social welfare network and the delivery of potable water to the water complexes in these areas./End 5


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