Iraqi News Highlights Saturday Evening 6-3-23
Iraqi News Highlights Saturday Evening 6-3-23
Tlm724 Administrator Bondlady’s Corner
International Monetary Fund: The Central Bank Of Iraq Has Made Progress In Combating Money Laundering
Economy News – Baghdad The International Monetary Fund praised the progress made by the Central Bank of Iraq in combating money laundering and terrorist financing.
"The IMF mission welcomes the progress made by the Central Bank of Iraq in the field of improving cash management, anti-money laundering and counter-terrorism financing frameworks," the fund said in a press statement, posted on its website and viewed by Al-Iqtisad News.
The fund confirmed that the mission stresses the importance of close coordination between the positions of monetary and public financial policies in managing the Iraqi economy.
Views 306 06/03/2023 - https://economy-news.net/content.php?id=34537
The Central Bank: Efforts To Accelerate The Use Of Electronic Payment And Its Dissemination
Economy| 08:20 - 03/06/2023 Baghdad - Mawazine News Today, Saturday, the Central Bank of Iraq confirmed that it has made great efforts to accelerate the use of electronic payment and its circulation, while indicating the conclusion of contracts to adopt payment tools in financial transactions.
The Deputy Governor of the Central Bank, Ammar Khalaf, told the official agency, followed by Mawazine News, that "there are great efforts by the Central Bank, in cooperation with banks and electronic payment companies, to accelerate the use of electronic payment tools in the Iraqi economy."
Khalaf added, "There are ministries that have started, now and gradually, to enter into the electronic payment project," noting that "the project needs systems before launching the electronic collection or collection process, and there is a need for proactive arrangements of electronic systems and infrastructure."
He pointed out, "There are many contracts made by collection institutions, especially governmental ones, to adopt electronic payment in financial transactions," adding, "We believe that by the end of this year, there will be a noticeable change and an increase in the number of payment devices and the willingness of citizens to use them. We have instructions that guarantee the rights and obligations of all parties involved in the matter of electronic payment.
On the first of this June, the electronic payment process was launched in government institutions and the private sector. Ended 29 / m99 https://www.mawazin.net/Details.aspx?jimare=228313
The Central Bank Of Iraq Organizes A Workshop For Banking And Financial Institutions
June 01, 2023 The Central Bank of Iraq, in coordination with the Anti-Money Laundering and Terrorism Office, organized a workshop for banking and non-banking financial institutions.
The workshop dealt with the
participation of the results and the
measurement of the threats and risks surrounding the financial sector, with the
direction of monitoring the necessary treatments
in order to alleviate their risks.
It is noteworthy that the establishment of this workshop was a continuation of the plan to publish the results of the national evaluation of the dangers surrounding this vital sector.
The Central Bank of Iraq information Office 1 - June – 2023 https://cbi.iq/news/view/2349
Al-Sudani Invites Italian Companies To Invest In Iraq
Economy| 06:27 - 03/06/2023 Baghdad - Mawazine News, Prime Minister Muhammad Shia' al-Sudani called today, Saturday, Italian companies to invest in Iraq, stressing that the government has provided an appropriate investment environment.
The media office of the Prime Minister said in a statement, a copy of which Mawazine News received, that "Al-Sudani received, today, Saturday, the Italian ambassador to Iraq, Maurizio Cricanti, to discuss bilateral relations between the two countries, and the importance of enhancing mutual cooperation in the field of economy and investment and ways to develop it."
The statement added, "The meeting witnessed the discussion of Iraq's largest project represented by the development road, and the projects of the port of Faw, the industrial city, and the residential city."
Al-Sudani called, according to the statement, "Italian companies to invest in Iraq, which is witnessing a wide investment movement, and the housing sector will have a large share in it, stressing that the government has provided an appropriate investment environment through which it seeks to reach a state of economic integration with brotherly and friendly countries."
For his part, Kricanti conveyed the Italian Prime Minister's greetings to Al-Sudani, and renewed her invitation to his Excellency to visit the Italian capital, Rome, "stressing the importance of developing cooperation relations between the two friendly countries, in a way that contributes to promoting the interests of their peoples." https://www.mawazin.net/Details.aspx?jimare=228307
Before The OPEC Meeting.. Iraq Meets With Three Countries In Vienna
Economy| 02:55 - 03/06/2023 Baghdad - Mawazine News, Saudi Energy Minister Prince Abdulaziz bin Salman met in Vienna with his counterparts from the UAE, Kuwait and Iraq, prior to the meeting of the Organization of Petroleum Exporting Countries (OPEC).
And the "Tass" correspondent stated that the Saudi minister is staying at the Park Hyatt Hotel in the Austrian capital.
UAE Energy Minister Suhail Al Mazrouei, Iraqi Oil Minister Hayan Abdul Ghani, Kuwaiti Oil Minister Badr Al Mulla and Algerian Energy Minister Mohamed Arkab arrived there this morning, ahead of the OPEC meeting scheduled for 13:00 Moscow time.
The OPEC meeting that takes place every six months has not started yet. It has been postponed pending the Saudi and Emirati energy ministers. As for the rest of the ministers of the member states of the Organization, they arrived at the OPEC Secretariat building.
This meeting takes place on the eve of the OPEC+ ministerial meeting, which will also be held in the personal presence of ministers in Vienna.
A source in one of the delegations told the "Tass" correspondent that OPEC + countries are studying various options for action on oil production standards at the June 4 meeting, including production cuts. Ended 29 / https://www.mawazin.net/Details.aspx?jimare=228287
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