Iraqi News Friday AM 7-29-22

Tlm724 Administrator Bondlady’s Corner

The Coordination Framework Calls On The Kurdish Forces To Agree On A Candidate For The Presidency

Friday 29 July 2022 15:17 | political Number of readings: 212   Baghdad / NINA / - The coordination framework called on the Kurdish forces to agree on a candidate for the presidency.

He said in a statement: For months, the coordination framework has been working to correct the course of the political process, which I want it to go in unknown directions away from the people's desire and the votes of the voters.  He added: In continuation of his efforts, he is keen to complete the understandings between all political forces and renews the call for the Kurdish forces to hold more serious dialogues in order to reach an agreement on a candidate for the presidency.

Al-Attar affirmed his desire for all national forces to be in harmony in their stance towards the completion of the constitutional dues prior to the convening of the parliament session devoted to electing the President of the Republic.

He pointed out that the negotiating team formed by the coordination framework will begin its dialogues with the political parties and other parties in order to reach internal understandings that contribute to increasing the strength of the next government and make it able to better perform its service tasks./ End 3 https://ninanews.com/Website/News/Details?key=990584

Nabil Al Marsoumi To Nina: The Current Year's Budget Has Become A Thing Of The Past

Friday 29 July 2022 13:18 | Economic Number of readings: 238   Baghdad / NINA / - The economic expert, Nabil Al-Marsoumi, confirmed that the current year's budget has become a thing of the past.

He told the National Iraqi News Agency ( NINA ) that the current year's budget is supposed to be submitted since November 2021, and we have passed the first half of July 2022, because it is real and actual to set a budget.

Al-Marsoumi added that the budget needs an approval from the Council of Ministers, which has not yet been formed, and then goes to Parliament for discussion and approval, which needs a period of between two to three months.

He explained that we have to think about next year, will there be a budget or not? .

Al-Marsoumi indicated that talking about the 2022 budget has become useless, and the Food Security Law, which was enacted two months ago, I think is sufficient to spend the surplus of oil revenues on the aspects decided by this law./End 3    https://ninanews.com/Website/News/Details?Key=990556

The stability of the exchange rates of the dollar against the dinar

Economie| 11:11 - 29/07/2022   Baghdad - Mawazine News   The dollar exchange rates witnessed, today, Friday, stability in the local markets.

The selling prices of the dollar were 148,500 dinars per 100 dollars, while the purchase prices of the dollar were 148,400 dinars per 100 dollars.       https://www.mawazin.net/Details.aspx?jimare=200830

The Stability Of Oil Prices In Global Markets

Economie| 08:57 - 29/07/2022   Follow-up - Mawazine News:   Oil prices stabilized at a high level in Asian transactions today, Friday, supported by supply concerns, and with the focus shifting to the next meeting of the OPEC + bloc, even if recession fears limited the gains.

West Texas Intermediate crude futures for September delivery rose 38 cents, or 0.4%, to $96.80 a barrel, to offset losses incurred in the previous session, and is heading towards recording a weekly increase of about 3%.

The futures contracts for Brent crude for September delivery, which expire on Friday, settled at 107.14 dollars a barrel.

Brent crude futures for October delivery jumped 8 cents, or 0.1%, to $101.91 a barrel.

The next meeting of the Organization of the Petroleum Exporting Countries and its allies, or the grouping known as OPEC +, on August 3 will be an important factor in the market.

Sources in "OPEC +" said that the bloc will consider keeping the production level unchanged for the month of September, but two sources in the bloc told "Reuters" that a slight increase in production will be discussed. Ended 29/N33    https://www.mawazin.net/Details.aspx?jimare=200818

The Central Bank: We Continue To Allocate Amounts To Grant Housing Loans With Very Subsidized Interest

Economie| 10:58 - 29/07/2022   Baghdad - Mawazine News, Friday, the Central Bank of Iraq confirmed the continuation of granting loans to citizens with subsidized interests, while referring to the allocation of 5 trillion dinars to the Real Estate Bank and the Housing Fund.

The Deputy Governor of the Central Bank, Ammar Khalaf, said, "The initiatives of the Central Bank that he launched to the banks are many and varied and include all sectors of industry, agriculture, housing, soft loans, and the purchase of ATMs with different deadlines and at different interest rates according to the sector, as well as the difference in the amount of loans that are granted. It starts from 5 million dinars to more than one billion dinars, according to the loans and the project being presented.

Khalaf added in an interview with the official news agency and followed by / Mawazine News /, that "the Central Bank has specified funds to the Real Estate Bank and the Housing Fund, up to 5 trillion dinars for each bank, granted to the real estate or the housing fund."

Khalaf pointed out that "loans are continuing through the one trillion initiative through private banks to provide housing loans with very subsidized interest and terms of up to 20 years." Ended 29/N33

https://www.mawazin.net/Details.aspx?jimare=200829

Parliament: Independent Mps Will Determine Their Direction Next Week

Political | 01:57 - 29/07/2022   Special- Mawazine News   Independent MP Salah Zaini confirmed, on Friday, that the independent representatives will determine their direction after holding a meeting for them early next week, while commenting on the announcement of the coordination framework to form a negotiating committee with other political parties.

Zinni told "Mawazine News", "The committee should be able to solve the outstanding problems, if it works in the right steps."

He continued, "The independent deputies will meet early next week and determine their direction and the possibility of their entry as mediators to bring the views closer as well." Ended 29/N33

https://www.mawazin.net/Details.aspx?jimare=200843

The Central Bank: Allocating 5 Trillion To The Real Estate Bank And The Housing Fund

Fri, 29 Jul 2022 10:56 AM  National News Center / Baghdad   Today, Friday, the Central Bank of Iraq confirmed the continuation of granting loans to citizens with subsidized interests, while confirming the allocation of 5 trillion dinars to the Real Estate Bank and the Housing Fund.

The Deputy Governor of the Central Bank, Ammar Khalaf, said, in a statement followed by / the National News Center /, that “the initiatives of the Central Bank that it launched to the banks are many and varied and include all sectors of industry, agriculture, housing, soft loans, and the purchase of ATMs at various time limits and at interest rates. Different according to the sector, as well as the difference in the amount of loans, which start from 5 million dinars to more than one billion dinars, and according to the loans and the project being offered.”

Khalaf added, "The Central Bank has set funds to the Real Estate Bank and the Housing Fund, up to 5 trillion dinars for each bank, granted to the real estate or the housing fund."

He pointed out that "loans are continuing through the "one trillion" initiative through private banks to provide housing loans with very subsidized interest and terms of up to 20 years."  https://nnciraq.com/143698/

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