Iraqi News Early Friday AM 10-15-21
Iraqi News Early Friday AM 10-15-21
TLM724 Administrator BondLady’s Corner
107 Billion Dinars, The Value Of The Deficit In The Amounts Of Social Benefits
The headquarters of the Ministry of Labor and Social Affairs. "Internet"
Money and business Economy News – Baghdad The Social Protection Authority called on the government to expedite the payment of the financial deficit related to the amounts of subsidies granted to families living below the poverty line, numbering more than one million and (400) thousand families in Baghdad and the provinces.
The head of the authority, Huda Sajjad Mahmoud, said in a statement reported by the official newspaper "Al-Sabah" and seen by "Al-Iqtisad News", that "the value of the financial deficit is 107 billion dinars, as it will appear in the last batch of this year, which will have to take measures that may harm." poor people, which is something that is being sought to be avoided.
And she added, "There are a number of solutions that have been put forward to fill the deficit in the last batch, whose total amount reaches (304) billion dinars, in a manner that does not harm families living below the poverty line, as well as the negative effects of the economic crisis on those families that represent the link." weakest in society.
Mahmoud indicated that "the proposed solutions are to recover the amount (70) billion dinars, which was transferred from the allocations of the Social Protection Authority to the Authority for People with Disabilities to fill the deficit," noting that "the previous Parliamentary Finance Committee had reduced the general allocations of the authority in the current year's budget, which created a situation difficult to fulfill its obligations.
Views 109 Date Added 10/14/2021 https://economy-news.net/content.php?id=26588
1 Billion Dinars, The Value Of Stock Exchange Trading During The Past Week
Stock market. "Economy News" Market Economy News – Baghdad The Iraqi Stock Exchange (the Stock Exchange) announced that the value of trading during the past week amounted to 1 billion dollars.
And the market said in a statement received by “Economy News”, that “the Iraqi Stock Exchange organized during the second week of October 2021 three trading sessions from Tuesday, 10/12/2021 to Thursday, 10/142021.”
He pointed out that "the trading session was not organized for Sunday 10/10/2021 and Monday 11/10/2021 because it coincided with an official holiday to organize the parliamentary elections in Iraq."
He added that during the past week, the number of traded shares reached 967 million, with a value of 1 billion dinars.
The trading index closed in the market for the first session of the week at (599.34) points, while the index closed at the end of the week at (592.30) points, achieving a decrease of (1.19%) from its closing in the first session.
During the week, more than 1,000 buying and selling contracts were executed on the shares of companies listed in the market. Views 105 Date Added 10/14/2021 https://economy-news.net/content.php?id=26597
The Iraqi market will stop trading next Monday
Iraq Stock Exchange Market Economy News – Baghdad The Iraqi Stock Exchange announced, on Thursday, that the next Monday session will not be organized.
The market said in a statement seen by "Economy News", that it will not organize a trading session on Monday, 10/18/2021, "to coincide with an official holiday on the occasion of the Prophet's birthday."
The market confirmed that the trading sessions will resume as of Tuesday 19/10/2021.
Views 134 Date Added 10/14/2021 https://economy-news.net/content.php?id=26596
A Decline In The Central Bank's Sales Of Hard Currency
Economie| 02:09 - 14/10/2021 Baghdad - Mawazine News, the Central Bank of Iraq's sales of hard currency fell, on Thursday, to record more than 206 million dollars.
Today, the Central Bank auction for the sale and purchase of foreign currencies witnessed a decrease in its sales by 3.74% to reach 206 million and 422 thousand and 600 dollars, covered by the bank at a base exchange rate of 1460 dinars per dollar.
The purchases amounting to 165 million and 877 thousand and 785 dollars went to enhance balances abroad in the form of remittances and credits, while the remaining amount of 40 million and 660 thousand dollars went in cash.
In addition, 34 banks responded to requests to enhance balances abroad, and 9 banks to meet cash requests, in addition to the participation of 17 exchange companies, and 158 mediation companies. Ended 29/A 4 https://www.mawazin.net/Details.aspx?jimare=171104
Dollar Exchange Rates In Local Markets Today
Market Economy News _ Baghdad The exchange rates of the dollar stabilized, today, Thursday, in the local markets. And the selling prices of the dollar were recorded at 148,500 dinars per 100 dollars, while the purchase prices of the dollar were 148,000 dinars per 100 dollars.
And the Central Bank of Iraq decided earlier to adjust the exchange rate of the dollar against the Iraqi dinar, as the purchase price of the dollar from the Ministry of Finance amounted to 1450 dinars, and the price of selling it to banks was set at 1460 dinars per dollar, while the selling price to the citizen is 1470 dinars per dollar.
Views 103 Date Added 10/14/2021 https://economy-news.net/content.php?id=26591
Integrity Reveals The Volume Of Refunds From Inside And Outside Until The End Of 2020
Political | 05:03 - 10/15/2021 Baghdad - Mawazine News The Integrity Commission revealed, on Friday, the total funds recovered from inside and outside Iraq until the end of last year.
The Director-General of the Refund Department in the Commission, Moataz Al-Abbasi, told the official news agency, "The total money recovered from inside and outside Iraq, as well as the money sentenced to be recovered and seized amounted to (1,417,900,842) dollars, (33,582,725) euros, and (2,329,521) pounds, and (951,428,263,286) Iraqi dinars, (720,529) Jordanian dinars, and (3,652) Swiss francs, in addition to the seizure of (14) fourteen real estate, and (5) stakes in various companies.
Al-Abbasi indicated that "the Authority's recovery department was able to recover approximately $17,700,000, while it was able to seize funds estimated at $4,170,000 in other countries, which are expected to be recovered soon," pointing out that "the department is seeking to recover a total of $2,200,000,000." It represents the money that has been issued judicial decisions to recover it from the Iraqi courts.”
It is noteworthy that the commission announced in early September its semi-annual report for the year 2021, which indicated that the public funds that were recovered, and judicial rulings were issued to return them, and they were returned to the public treasury account, with a total of (253,586,273,259) Iraqi dinars, and (4,920,096,137) dollars. https://www.mawazin.net/Details.aspx?jimare=171231
Dollar Exchange Rates In Local Markets Today
Market Economy News _ Baghdad Today, Friday, the dollar exchange rates continue to remain stable in the local markets.
And the selling prices of the dollar were recorded at 148,500 dinars per 100 dollars, while the purchase prices of the dollar were 148,000 dinars per 100 dollars.
And the Central Bank of Iraq decided earlier to adjust the exchange rate of the dollar against the Iraqi dinar, as the purchase price of the dollar from the Ministry of Finance amounted to 1450 dinars, and the price of selling it to banks was set at 1460 dinars per dollar, while the selling price to the citizen is 1470 dinars per dollar.
Views 143 Date Added 10/15/2021 https://economy-news.net/content.php?id=26599
To read more current and reliable Iraqi news please visit BondLady’s Corner: