Delta and KTFA Members "News and Views" Monday Morning 9-23-19
DELTA: Finance Minister from Beijing: We will sign today the Framework Agreement on Financial and Credit Spending with China
Monday, September 23, 2019 - 06:05
Beijing - conscious - Ali al-Ahmad
Iraq and China will sign a framework agreement on financial and credit spending, Deputy Prime Minister and Finance Minister Fuad Hussein said Monday.
Hussein said in a speech at the Third Iraqi-Chinese Economic Cooperation Forum in Beijing: "This agreement will frame the financial and oil relations between the two countries, and create a basis for the work of Chinese companies in Iraq
DELTA: Finance Minister discusses with CITI Bank to complete banking preparation for the second step to start financing projects
Baghdad - Conscious
Deputy Prime Minister for Economic Affairs and Finance Minister Fuad Hussein on Sunday discussed with the Chairman of the Board of Directors of Citibank Bank Janak your time to complete the banking preparation for the second step after opening accounts in order to start financing projects.
A statement from the Information Office of the Deputy Prime Minister for Economic Affairs received by the Iraqi News Agency (INA), said that "Deputy Prime Minister for Economic Affairs and Finance Minister Fuad Hussein met with the Chairman of the Board of Directors of CITIC Bank Junk your time accompanied by the Ministers of Transport and Electricity and Governors of Baghdad, Basra, Karbala, Wasit, Diyala and Anbar And Maysan and governors of Erbil, Sulaymaniyah, Dohuk, Wasit and Dhi Qar.
He pointed out that "during the meeting reviewed the measures that will be taken by the two sides in order to complete the banking preparation for the second step after opening accounts in order to start financing projects, which will focus on infrastructure projects and strategic projects and internal and external railway networks."
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Samson: The Central Bank eliminates the fine shortage of deposits of small categories of banks
23rd September 2019
In its endeavor to cover the market need of new banknotes for small cash
categories (250, 500, 1000), the Central Bank of Iraq decided to cancel
the fine that may appear in the deposits of banks licensed by this bank
of small cash categories and for a limited period, in order to achieve the
desired purpose of withdrawing the currency Damaged in circulation
The bank would also like to show that the counting of banknotes damaged for these
categories requires time and effort from the competent staff for the difficulty of
counting in the counting machines.
Central Bank of Iraq information Office 2019/9/23
Samson: The central bank issues a decision to cover the market need of small monetary categories
23rd September, 2019
The Central Bank of Iraq, on Monday, to cancel the fine shortage of deposits of small categories of banks, attributing the decision to cover the market need of new notes for small cash groups.
The bank said in a statement received by Alsumaria News, a copy of it, that "in order to cover the market need of new notes for small cash categories" 250, 500, 1000 "it was decided to cancel the fine shortage that may appear in the deposits of banks approved by small cash categories for a limited period," Indicating that "that comes to achieve the desired purpose of withdrawing the damaged cash currency in circulation."
He added that "the counting and sorting of banknotes damaged for these categories require time and effort from the competent staff for the difficulty of counting in the counting machines."
It is noteworthy that the Central Bank of Iraq during the last period pumped large quantities of small groups after these categories have been damaged, which the citizen found it difficult to circulate.
Samson: Amir of Kuwait receives Iraqi President in USA
22nd September, 2019
His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah received at noon today the President of the Republic of Iraq, Dr. Barham Saleh, at the residence of the Emir of Kuwait in the United States of America.
Kuwait News Agency (KUNA) reported that the President of the Republic of Iraq was assured of the Amir's health and the results of his recent medical examinations.
The Emir of Kuwait expressed his thanks and appreciation for the sentiments expressed by President Barham Saleh, which embodies the depth of the good relations between the two countries and the two peoples.
The meeting was attended by Deputy Head of the National Guard Sheikh Mashaal Al-Ahmad Al-Jaber Al-Sabah, Deputy Prime Minister and Minister of Foreign Affairs Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah. LINK
Samson: A delegation from Kurdistan arrives in Baghdad
2019/23 23 11:06
A delegation from the Kurdistan Regional Government, headed by the Minister of Social Affairs, arrived in Baghdad on Monday.
According to Kurdish press sources, the delegation, upon arrival, met with the Minister of Labor and Social Affairs Bassem Abdul Zaman to discuss the organization of bilateral work with regard to international conferences in addition to cooperation in the field of assistance to eligible groups in society.
The delegation will discuss with the issue of the budget of the Kurdistan Ministry of Labor in the financial budget for next year. LINK
Samson: Iraq and China agree to establish five joint industrial cities
Minister of Industry and Minerals Saleh Abdullah Al-Jubouri announced in a speech during his participation in the work of the Iraqi-Chinese Economic Cooperation Forum in Beijing on the agreement to establish a joint industrial city to manufacture Chinese products and international specifications.
The minister said Jabouri, according to a statement of the Ministry of Industry received agency (Euphrates News) a copy of "the signing of a memorandum of understanding to complete the initial construction of industrial cities in five Iraqi provinces."
He pointed to "put more than 200 projects and investment opportunities available to the companies of the Ministry of Industry and Minerals in various industrial fields." LINK
Samson: Abdul Mahdi's advisor: Visiting China did not cost Iraq a penny
23rd September, 2019
Prime Minister Adel Abdul-Mahdi's economic adviser said Monday that the visit of an Iraqi delegation to China "did not cost Iraq a penny," noting that Baghdad and Beijing will sign eight agreements today "important."
Said Abdul Hussein Hinan , said that "this will be signed today on eight important agreements in various sectors, and will sign the financial agreement to fund joint projects between the Iraqi Ministry of Finance Corporation of China export subsidies (Sainachur)."
Al-Hanin said in an interview with "Russia Today", "The visit to China did not cost the Iraqi state a penny, and the importance of the visit has ensured the Chinese side all the costs of hospitality."
Prime Minister Adel Abdul Mahdi arrived in China on Thursday (September 19, 2019) at the head of a large government delegation to China on a several-day official visit. LINK