Iraqi News and Highlights Monday Evening 7-6-20

TLM 724 Administrator BondLady’s Corner

The dollar is rising in Iraq today

Editing Date: 7/6/2020 14:27 • 45 times read  [Baghdad_Eye]  Foreign currency markets in Iraq recorded, today, Friday, an increase in the exchange rate of the US dollar against the Iraqi dinar.

The prices of buying and selling dollars in banking companies and offices are as follows:

The selling price of one dollar is 1235 dinars, or 123 thousand and 500 dinars per hundred dollars.

The purchase price of the dollar is 1225 dinars, or 122 thousand and 500 dinars per hundred dollars.

As for the prices of foreign currencies, gold and crude oil - until the preparation of this news: the

Euro The global price: 100 euros = 112,90 pounds

Sterling The global price: 100 pounds = 125.05 dollars

The Turkish lira The global price: 100 dollars = 686,40 Turkish pounds

An ounce price Gold worldwide = 1775.10 dollars

Per barrel of crude oil Brent = 42.41 dollars

Per barrel of US crude oil = 40.60 dollars.

http://www.alliraqnews.com/modules/news/article.php?storyid=95226

Al-Bakhati: We will meet Al-Kazemi this week and present him with 12 questions

Time: 7/06/2020 14:42:21 Read: 2,171 times  {Baghdad: Al Furat News} Member of the Parliamentary Services and Reconstruction Committee, Jassem Al-Bukhati, revealed that a delegation from the committee will meet Prime Minister Mustafa Al-Kazemi this week.

"We had a reconnaissance visit on the divisions of Iraqi Airways {yesterday} and we had information that we wanted to verify in addition to foreign companies operating inside the country," Al-Bukhati told Al-Furat News.

He added that "the issue of the company's loss since 2014, its causes and its decline, and we were able to infer more than 40 questions and clarify the vision in all departments of the company, and we met the Minister of Transport and the director of lines and heads of departments.

He revealed that "some departments have employees who are dominant in dealing with stations and external offices such as the commercial section in airlines, which when dealing with offices outside the country, the interest rate inside the country and outside the country in the regional region is lower and these external offices affected the Iraqi Airways company and headed towards contracting with Other aircraft while they are supposed to work in the national space and the company space and we demanded to reduce the interest and be unified by 8% at home and abroad to limit the comparison. "

Al-Bukhati also added, "We have notes on the technical department, so we found the efforts and sending planes abroad without returning to the contracting department, and we will have financial supervision and integrity in another work round."

He revealed, "After this round, the Services Committee met with the Prime Minister this week and we handed over his office 12 questions."   LINK

Parliamentary finance confirms that its approval of external borrowing was conditional on submitting a reform paper

Monday 06, July 2020 12:00 | Economical Views: 219  Baghdad / Nina / Parliamentary Finance Committee confirmed that its approval of external borrowing was conditional on submitting a reform paper and allocating 15% of it to investment projects, while clarifying the reasons for the delay in launching salaries.

The reporter of the committee, Representative Ahmad Al-Saffar, said in a press statement today: "The financial committee agreed to external borrowing on conditions, including obligating the government to present a comprehensive reform paper within 60 days, through which revenues are maximized and rationalization of unnecessary spending is in addition to not resorting to borrowing again." And allocating 15% of the borrowed money to the investment. "

He added: "The law of internal and external borrowing entered into force the hour of its approval, so the government could borrow from Iraqi banks and the central bank and pay salaries."

He suggested: "The delay in the payment of salaries is due to technical reasons, including converting from the dollar to the local currency, as well as checking the salaries of employees in some ministries who receive more than one salary."

It is noteworthy that the payment of employees' salaries for the month of June in all ministries is several days behind schedule.   https://ninanews.com/Website/News/Details?key=842262

A legal expert confirms the prime minister’s authority to send special forces to all border crossings, including those in the Kurdistan region

Monday 06, July 2020 09:55 | Economical Views: 251 

Baghdad / Nina / Legal expert, Ali Al-Tamimi, confirmed the authority of the Prime Minister to send special forces to all border crossings, including those in the Kurdistan region.

Al-Tamimi said in a special statement to / Nina :: Article 110 of the Iraqi constitution stated that one of the exclusive powers of the central government is to draw economic, financial and customs policy and to organize trade policy across regions and governorates, as stated in Article 114 of the Iraqi constitution that one of the common competencies between the central government And the regions and governorates that the customs administration is in joint coordination.

”He explained:“ Caring for these texts shows that setting policy is something and management is another thing, and from that we find that the administration is in coordination and cooperation between the government, the region and the provinces. ”

And he stated that the Border Ports Authority Law No. 30 of 2016 created the Border Ports Authority and a council for these outlets from representatives of different ministries that would supervise and manage border outlets. Work of these outlets. "  https://ninanews.com/Website/News/Details?key=842237

The outlets announce the total of their revenues during the past two months

Editing Date: 7/6/2020 14:51 • 40 times read  [Baghdad_Eyein]  The Border Ports Authority announced the total financial revenues accrued in the federal outlets by more than (150) billion Iraqi dinars for the value of revenue collected from the (customs and tax) departments for the months of May and June of 2020.

In its breakdown of the overall revenue, the authority stated that, “Last May, the financial revenues obtained from commercial traffic were (69,661,724,000) billion dinars, while in June, the revenues were (80,830,981,545) billion Iraqi dinars, as there is an increase in the graph for the revenues of June from May With more than (11) billion Iraqi dinars,

This difference was achieved despite the closure of the land ports in front of the commercial movement and travelers with the two neighbors Iran and Kuwait since the middle of last March due to the Corona pandemic, as well as the issuance of a decision to whistle customs duties for food, health and agricultural materials   http://www.alliraqnews.com/modules/news/article.php?storyid=95230

Al-Surji: The understandings between Baghdad and Erbil are very positive and solve all problems

Political  Monday 6 July 2020 | 03:19 pm| Views: 75   The leader of the Patriotic Union of Kurdistan, Ghiath Al-Surji, confirmed today, Sunday, that the recent understandings between Baghdad and Erbil are very positive and have resolved all problems, including the disputed areas .

Al-Surji said, "The Kurdish delegation that visited Baghdad recently to negotiate has reached very positive understandings and will be announced in the coming days ."

He pointed out that "the Deputy Prime Minister of the province, Qubad Talabani, succeeded in his mission, as it was agreed in principle to provide Erbil with the salaries of employees in the region, as well as the salaries of the peshmerga and the issue of administrative borders and the export of oil ."

Al-Surji said that "the initial agreements between the two parties need legal formulation in order to include them in the federal budget of Baghdad, as well as seeking to end some of the differences, especially in the disputed areas ."   https://aynaliraqnews.com/index.php?aa=news&id22=135951

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