Iraqi News Highlights Friday Afternoon 1-20-23
Iraqi News Highlights Friday Afternoon 1-20-23
Tlm724 Administrator Bondlady’s Corner
Al-Hakim Calls For Disclosure Of The Beneficiaries Of The Dollar Crisis And Corruption
Political | 01:35 - 01/20/2023 Baghdad - Mawazine News On Friday, the head of the National Wisdom Movement, Ammar al-Hakim, affirmed his support for the government of Muhammad Shia al-Sudani, despite not participating in its formation, calling for the disclosure of the beneficiaries of the dollar crisis and corruption. Al-Hakim said in a speech on the Iraqi Martyr's Day, followed by Mawazine News, that "the new government, headed by Prime Minister Muhammad Shia' al-Sudani, has taken confident, effective and field steps towards implementing the government program and the ministerial platform according to known timelines."
He added: "We see in the Sudanese government the will and sincere intention to achieve more structural reforms in the necessary administrative, service, security, economic and financial fields, stressing:" We support these steps, hoping that they will continue with the same strength with which they began to inaugurate a new and stable phase of the stages of building the state and strengthening all its institutions.
And he continued: "We renew our support for this government, and we will work to support it to make its mission a success even when we are outside the government formation. Our support for the government program is not linked to our government representation in it, but rather our contract with it is the contract of the supportive, supportive and observer citizen."
Al-Hakim emphasized: "We support every political or governmental measure that contributes to the stability of the country, enhances opportunities for social and economic development, and works to confront youth unemployment with tangible, realistic solutions.
There is no construction, investment, or economy worthy of our country and our people without political stability first, and no government can To succeed without real political support that supports its correct positions, and helps it correct the required paths, but it has a lot to accomplish and faces a number of challenges that are not underestimated, and it needs firm, bold and quick measures in treatment, we will point out the most prominent of them:
1- It is necessary to intensify legal and judicial efforts in the field of combating corruption, limiting money smuggling operations and the consequent instability of the Iraqi currency against the dollar, and revealing the supporting and beneficiary parties, because no one is above the law, and this cannot be allowed at any cost.
2- Focusing on the completion of infrastructure and strategic projects, as the real achievement is in preparing the foundations for building and fixing the initial steps on which major projects are based.
3- Proper and correct preparation for conducting provincial council elections in terms of approving a fair law and executive procedures that guarantee fair and transparent elections. It is not possible to develop and reform the local reality of all provinces without free and fair elections in which all Iraqis see their equal and fair opportunities.
Al-Hakim called on the executive and legislative authorities to "seriously think about the possibility of returning municipal councils with correct mechanisms that benefit from yesterday's mistakes and do not burden the state, and open the way for community voluntary work in the service of districts and districts to make local and federal electoral competition through community service in districts and districts, and let municipal councils be A real window to test the qualified and those who intend to run for any electoral, political or executive task.” https://www.mawazin.net/Details.aspx?jimare=217119
The Exchange Rate Of The Dollar Continues To Rise In The Iraqi Market
Economie| 09:58 - 01/20/2023 Baghdad - Mawazine News The exchange rate of the dollar continued its rise in the local markets in Iraq. The selling price of 100 dollars was recorded as 165,500 dinars, while the purchase price of 100 dollars was 164,500 dinars. Ended 29 / h
https://www.mawazin.net/Details.aspx?jimare=217099
The Iraq Stock Exchange Rises And Trades 25 Billion Shares
Market Economy News-Baghdad During the third week of January 2023, the Iraq Stock Exchange organized five trading sessions, which witnessed the circulation of more than 25 billion shares.
A market statement stated that "the number of shares traded during this week is more than (25) billion shares, with a value of more than (26) billion dinars."
The trading index in the market closed for the first session of the week at "(597.27) points, while the index closed at the end of the week at (606.56) points, achieving an increase of (1.53%) from its closing at the beginning of the session."
And executed during the week, "more than (3100) sale and purchase contracts on the shares of companies listed in the market." Views 192 Added 01/20/2023 - 1:25 PM Updated 01/20/2023 - https://economy-news.net/content.php?id=31984
Planning Announces The Rate Of Inflation In Iraq And The Government's Measures To Address It
Political| 02:51 - 01/20/2023 Baghdad - Mawazine News , on Friday, the Ministry of Planning revealed government measures to address the effects of inflation in Iraq, while identifying the reasons for its high rates.
A spokesman for the Ministry of Planning, Abd al-Zahra al-Hindawi, said, “The whole world is witnessing a rise in inflation indicators as a result of the repercussions of the Russian-Ukrainian war and climate conditions,” noting that “the repercussions contributed to the rise in prices of industries and energy to the highest levels, and thus reflected on inflation indicators, which rose significantly.” in the countries of the world.”
Al-Hindawi added, "Inflation rates rose in Iraq during the past year 2022, affected by global repercussions and the exchange rate that changed during the recent period."
He pointed out that "the rate of inflation in Iraq reaches (6 to 7%) compared to what it was previously, and this type is a natural cumulative increase over the past months," attributing the reason to "the high prices of some services, the volume of cash circulation and the cash mass circulating in the markets." ".
And he indicated that "the more the monetary mass in circulation inflated, the higher the inflation rate would be affected," noting that "the real measures to reduce inflation are to support the local product, preserve the value of the national currency, and ration imports."
He pointed out that "these measures would contribute to achieving a state of stability in inflation indicators."
He continued, "The government is taking a number of measures to reduce cases of inflation, and there are policies within the future directions to support industry and agriculture to reduce the volume of imports and ration it in proportion to the actual need," explaining that "these measures will contribute to reducing the irrational increases in inflation in the country." Ended 29 / h
The Rise In World Oil Prices
Friday 20 January 2023 09:50 | Economical Number of readings: 325 Baghdad / NINA / - Oil prices rose in early trading, today, Friday. According to Reuters: Brent crude futures for March delivery rose 48 cents, or 0.6%, to $86.64 a barrel. US crude prices rose 54 cents to $80.87 a barrel, up 0.7%. Both closed up by 1% yesterday, Thursday, near their highest closing levels since September 1./End 9
https://ninanews.com/Website/News/Details?key=1027876
The Head Of The Regional Government Reveals The Results Of His Visit To Baghdad
Today, Friday, the Prime Minister of the Kurdistan Regional Government, Masrour Barzani, affirmed the regional government's readiness for a constitutional solution to problems, especially the efforts aimed at preparing the federal oil and gas law in accordance with the constitution.
A statement by the regional government said that Barzani received today a phone call from the US Presidential Coordinator for Infrastructure and Energy Security Amos Hochstein. Federal oil and gas in accordance with the Constitution.
The President of the Kurdistan Regional Government confirmed, according to the statement, that until the approval of the federal oil and gas law, the Kurdistan Regional Government will continue to coordinate and cooperate with Baghdad to continue producing and strengthening the energy sector in the region.
The US Presidential Coordinator gave a briefing on their visit in the past few days to Baghdad and Erbil. The two sides agreed on the importance of overcoming obstacles to the development of the energy sector.
In another aspect of the talks, the two sides discussed ways to consolidate relations between the Kurdistan Region and the United States. The discussions also witnessed a mutual emphasis on the importance of enhancing trade, investment and energy in the Kurdistan Region and Iraq.
Most Notably Oil And Commercial Ones.. Erbil And Washington Are Discussing Several Files
Friday, January 20, 2023 1:03 PM Baghdad / National News Center Today, Friday, the President of the Kurdistan Regional Government, Masrour Barzani, received a phone call from the US Presidential Coordinator for Infrastructure and Energy Security, Amos Hochstein, where they discussed several files, most notably oil and trade.
A statement from the presidency of the regional government, received by the National News Center, stated that “during the phone call, the prime minister referred to his recent visit to Baghdad on January 11, his meeting with the federal prime minister, and his affirmation of the Kurdistan Regional Government’s readiness for a constitutional solution to problems, especially efforts Aiming to prepare the Federal Oil and Gas Law in accordance with the Constitution.
Barzani stressed, according to the statement, that "until the federal oil and gas law is approved, the Kurdistan Regional Government will continue to coordinate and cooperate with Baghdad to continue producing and strengthening the energy sector in the region."
For his part, the US Presidential Coordinator gave a briefing on their visit in the past few days to Baghdad and Erbil.
The statement continued, "The two sides agreed on the importance of overcoming obstacles to the development of the energy sector, while they discussed ways to consolidate relations between the Kurdistan region and the United States."
He explained, "The discussions witnessed a mutual emphasis on the importance of promoting trade, investment and energy in the Kurdistan region and Iraq." https://nnciraq.com/180984/
Industry Announces A Plan To Rehabilitate Factories And Increase Their Production Capacity
Economie Friday, January 20, 2023 10:39 am Baghdad / National News Center Today, Friday, the Ministry of Industry and Minerals announced a plan to rehabilitate its factories and increase their production capacity. While it indicated that its products are better than imported ones, it confirmed that it supplies the Ministry of Electricity with 7 basic materials.
The media office of the ministry said in a press statement, “Most of the products of the Ministry of Industry and Minerals companies serve and meet the needs of the state ministries,” noting that “the products are very good and within the product guide approved by the House of Representatives, the Ministers and the Ministry of Planning.”
He added that “our products are characterized by high quality, better than those of the imported ones,” noting that “these products are distinguished by their quality, with a certificate from the Central Agency for Standardization and Quality Control.”
He continued, “These products fall into all fields, whether electrical, mechanical, food, pharmaceutical, textile, or petrochemical, in addition to other industries, being diverse.” Its measurements as well as cables,” explaining that “all these products are prepared by the ministry’s companies, represented by the Al-Zawraa General and Steel Company, the General Company for Hydraulic Industries, the Al-Faris State Company, the State Company for Construction Industries, and the State Company for Textile and Leather Industries.”
And he indicated that “the Pharmaceutical Industries Company supplies medicines to the Ministry of Health, the private sector and the Iraqi market,” explaining that “the ministry has developed a complete plan to rehabilitate laboratories in short and medium-term stages to increase the laboratories’ productivity, efficiency and quality to keep pace with the development taking place in the world.”
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