TLM724 Administrator BondLady’s Corner
Economist: The Current Year’s Budget May Recognize 135 Trillion Dinar
Politician Last update 01/14/2022 | 9:43 AM Information / Baghdad… The economic affairs specialist, Muhammad Ali al-Moussawi, explained that the current year’s budget may be approved at an amount of 135 trillion dinars, pointing out that the dollar exchange rate needs to be modified according to what the next government sees.
Al-Moussawi told “Information”, “The budget may be approved in the amount of 135 trillion dinars, but the dollar exchange rate may be subject to the policy of the next government and what it desires, at a time when total public spending reaches 130 trillion dinars.”
He added that “the price of a barrel of oil, and according to what has been achieved from revenues and a rise in prices, may be put in the budget by more than 60 dollars per barrel, as this is appropriate in light of the developments in prices and the increase in production decided by OPEC.”
And he indicated that “the adjustment of the dollar exchange rate has become an urgent need, as this requires a move from the next government, and the support of some ministries in order to reduce the suffering of the poor classes, especially since the opportunity is ripe for that.” https://almaalomah.me/2022/01/14/576453/
Private Banks Reveal Initiatives Related To The Cultural And Social Sectors
Economic Last update 01/14/2022 | 7:18 pm Information/Baghdad…Today, Friday, the Association of Iraqi Private Banks revealed several initiatives related to the cultural and social sectors.
The Executive Director of the Association, Ali Al-Mustaf, said, “The initiatives are from the Community Initiatives Fund, which is supervised by the Central Bank of Iraq and the Association of Banks and is financed by donations from the banking sector,” noting that “this fund worked during the previous periods for several projects, the last of which was Al-Mutanabbi Street.”
Al-Mustaaf pointed out that “there are upcoming projects, we are working on a new integrated building for 100 inmates in Dar Al-Rashad and the work will be completed in mid-March, in addition to the rehabilitation of Al-Hassanin Square near the two-story bridge, and we have contributed to completing the orphanage run by Hisham Al-Dhahabi. cultural and social.”
He added, “Each project has specific financial allocations according to its type, and the fund is fed on a monthly basis from banks as donations, so the allocation is not fixed, but rather mobile according to banks’ donations, or sometimes we invite banks to donate to a specific project so that its allocation is certain,” explaining that “these projects end at the end of the month.” The fifth of the current year.” https://almaalomah.me/2022/01/14/576526/
Al-Kazemi’s Advisor: Iraq Has Financial Space At The Present Time
Economie Yesterday, 11:56 Baghdad – conscious – the Mullah Medal The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Friday, that raising Iraq from the list of high risks encourages the entry of capital into the country, while noting that Iraq’s financial rating is high and has the ability to pay off debts and confront them.
Saleh said, to the Iraqi News Agency (INA): “The situation of foreign debt is comfortable and decreasing, and there is financial space in Iraq at the present time,” noting that “what must be paid does not exceed 20 billion dollars, and this has allocations in the budget.”
He added that “Iraq’s rating is high, and this classification did not come from a vacuum and we have the ability to pay off debts and confront them,” noting that “the neo-liberalism in the world liberated the world’s economies, including Iraq, so liberating the economy and financial transfer in the world daily is about 5 trillion dollars, and this The exchanges include problems, economic crimes, money laundering, and others.”
He pointed out that “Iraq was infected with suspicions of money laundering due to the occupation of ISIS, which is a terrorist force and has external financing.
He stressed that “Iraq has proven that it is free of money laundering and has been raised from the list of high risks to natural, and this is a very important matter that gives freedom and liberalism to banks to work in global environments, the ability to immunize, interest and low cost, which encourages the entry of capital into the country without problems, and this is positive for the benefit of Iraq.”.
And the Ministry of Foreign Affairs announced, last Monday, that the European Union removed the name of Iraq from the list of countries with risks regarding the fight against terrorism and money laundering.
https://www.ina.iq/146298–.html
Al-Kazemi Receives Blackshart And A Number Of Ambassadors Of Other Countries
Thursday, January 13, 2022 4:19 PM Baghdad/National News Center Prime Minister Mustafa Al-Kazemi stressed on Thursday the importance of supporting peace and stability and Iraq’s role at the regional and international levels.
This came during Al-Kazemi’s private reception, both to the United Nations envoy to Iraq, Jenin Plaschaert, and the ambassadors of Italy, France and Russia, according to a statement issued by the Prime Minister’s media office, received by Shafaq News Agency.
Al-Kazemi discussed, with diplomatic officials, “the Iraqi issue, bilateral relations, areas of common interests, and coordination on the international scene.”
The statement stated, “During his meeting with the French ambassador to Iraq, Eric Chevalier, and his accompanying delegation, Al-Kazemi discussed ways to develop cooperation and consolidate bilateral relations between Iraq and France.”
Al-Kazemi stressed, according to the statement, “Iraq’s keenness to build the best relations of partnership and exchange with France, in a manner that enhances the bonds of friendship between the two peoples, the Iraqi and the French.”
In another meeting, Al-Kazemi also received the new ambassador of the Italian Republic to Iraq, Maurizio Cricante, who conveyed the greetings of the Italian government, and its wishes for the continued progress that Iraq is making at various levels.
The Prime Minister discussed, with the Italian ambassador, aspects of joint cooperation between Iraq and Italy, which will head this year’s NATO mission in Iraq, and the role it can play in providing advice and training to Iraqi forces.
Al-Kazemi received the Russian ambassador to Iraq, Albrus Kutrashev and his accompanying delegation, and the meeting witnessed discussions on Iraqi-Russian relations, ways of developing them and prospects for expansion, as well as discussions in the areas of Iraqi cooperation with friendly countries, and strengthening the positive Iraqi role, in a way that enhances the security and stability of the region. https://nnciraq.com/112956/
Telecom Announces Iraq’s Ranking Globally In Internet Services
Friday, January 14, 2022 1:41 PM Baghdad/National News Center Today, Friday, the Ministry of Communications announced that Iraq ranked 47th globally in providing Internet services.
Ministry spokesman Raad al-Mashhadani told the official agency affiliated with the National News Center, “Iraq’s attainment of this rank comes within the international classification of internet services,” stressing that
“Iraq’s gradual rise to this center came as a result of the efforts made to improve and develop the Internet service.” https://nnciraq.com/112973/
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