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Iraqi News Monday Afternoon 8-15-22

Iraqi News Monday Afternoon 8-15-22

Tlm724 Administrator Bondlady’s Corner

The Government Comments On The Possibility Of Restoring The Dollar Exchange Rate And Ending The Currency Auction

Posted On2022-08-15 By Sotaliraq   Today, Monday, the government's economic advisor, Haitham al-Jubouri, ruled out taking any decision regarding the dollar's exchange rate, indicating that the best solution lies in strengthening the national currency against the dollar.

Al-Jubouri said in a televised statement that "the issuance of a decision regarding the exchange rate of the dollar to decrease or raise is excluded at the present time."

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He added, "The ideal solution to end the crisis of the devaluation of the dinar is the currency to strengthen the local currency, expand its activity and diversify its sources."

And on the possibility of ending the currency auction, Al-Jubouri said that “the currency auction does not mean selling the dollar only, but rather buying the dinar to give 10 trillion dinars for the benefit of state employees every month, which means that it cannot be dispensed with.”   LINK

The Central Bank Denies Granting Sums Of Money To Citizens

Economie| 03:40 - 15/08/2022   Baghdad - Mawazine News  On Monday, the Central Bank of Iraq issued a statement denying the news about granting sums of money to citizens.

And he stated in a statement that "Mawazine News" received a copy of it, that the Central Bank of Iraq had noticed the spread of fake news during the past days on social media that "the Central Bank of Iraq granted sums of money to citizens."

The statement continued, "The bank confirms the falseness of these news, and calls on citizens to adopt the official news of the Central Bank of Iraq, which is published on the official website (www.cbi.iq) in addition to its verified pages on Facebook and Twitter."

In its statement, the bank warned the weak of souls from exploiting citizens and trying to defraud them, and confirms the use of its legal right to prosecute them. Ended 29/R77

https://www.mawazin.net/Details.aspx?jimare=202520

Why Is The Central Bank And Our National Economy Targeted?

Articles  

Samir Al-Nusairi   Our country is now going through suffocating and complex crises and great challenges, most notably the political crisis and the effects of the global economic and financial crisis and its negative repercussions on the national economy. The Central Bank is making clear efforts to revitalize the national economy and overcome the expected damage that the country will suffer later. At a time when our people are demonstrating and looking forward to finding immediate solutions and remedies to overcome the political and economic crises and meet their basic needs .

Some social media and some satellite channels known for their orientations and with the intent of deliberately harming the national economy and national economic institutions that have clear success experiences and work with Iraqi national cadres and that these parties are motivated by special and projective interests and target our national economy and its institutions that have achieved clear achievements during the economic and security shocks that Iraq went through it after mid-2014 until the present time, and it contributed to achieving economic resilience and supporting our national economy.

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Their statements and press and media reports have preoccupied us these days by targeting the Central Bank and involving organizational and administrative problems in other institutions, or exploiting leaks to amplify fabricated information that has not been audited and verified.

Its aim is to blackmail and cover up the achievements made during the years of crises. So why target? The reason, as I see it, is that the Central Bank insists on the need for all relevant authorities to carry out its daily work, both internally and externally, to abide by the instructions, controls and regulations in accordance with its objectives contained in Law 56 of 2004, which maintains economic stability in the country .

Although I respect the other opinion that is issued by non-specialists or specialists in the economy and monetary policy in particular, but I may disagree with the opinion that is trying to dwarf, minimize and personalize the achievements made by the Central Bank in the face of challenges .

Therefore, I call on the media to look, even for once, to preserve the reputation of the Iraqi economy internally and externally, because it is illogical to allow targeting our economic institutions that are directly responsible for achieving steadfastness and economic stability .

Because accusations against the Central Bank are an insult to Iraq’s economic reputation internationally without checking and investigating the leaked information. These parties know before others through evidence and achievements that the Central Bank of Iraq has proven that it is the first independent economic institution in supporting and stimulating the national economy and maintaining its reputation locally and internationally . 117 . views   Added 08/15/2022 - 3:12 PM   Update 08/15/2022 - 7:03 PM

https://economy-news.net/content.php?id=29338

Details Of The Meeting Of The Governor Of The Central Bank And The US Ambassador To Iraq

Economie| 02:37 - 15/08/2022   BAGHDAD - Mawazine News   Central Bank Governor Mustafa Ghaleb Mokhif discussed with the US Ambassador to Iraq Alina Romanowsky the efforts to combat money laundering and terrorist financing.

A statement by the Central Bank stated, "The Governor of the Central Bank, Mustafa Ghaleb, received the US Ambassador to Iraq, Alina Romanowski, and her accompanying delegation."

Makheif reviewed, "The Central Bank's efforts to support development through monetary policy tools and the direct impact of its initiatives on the real sector march, job creation and sustainability, in addition to the efforts made in combating money laundering and terrorist financing through the adoption of an integrated legal system and its effective application to sectors that may used to commit it.

Makheif stressed, "the importance of cooperation between the two countries in terms of monetary policy and the activation of financial instruments."

For her part, Romanowski affirmed, "its support for the Central Bank and its independence, and to contribute to the training of its employees through financial institutions that have continuous partnerships with the Central Bank."

She pointed to "the success of the central bank's policy and modern methods in its management, which was manifested in the indicators of monetary and gold reserves." Ended 29/N33

https://www.mawazin.net/Details.aspx?jimare=202515

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Save the Marshes of Iraq" .. a campaign in the face of an unprecedented drought

Reports| 03:54 - 15/08/2022    Baghdad - Mawazine News   An unprecedented drought was recorded in the marsh areas of southern Iraq, which caused new migrations of hundreds of families, as well as losses in livestock and crops. The social media under the title "Save the Marshes of Iraq".

The Iraqi marshes, in which the nature of this country is unique, are huge bodies of water that derive their water mainly from the Tigris and Euphrates rivers, and extend in the governorates of Dhi Qar, Maysan, Basra and Muthanna and border areas with Iran in the south and southeast of the country. Birds, fish, aquatic plants, reeds and papyrus, while thousands of Iraqi families live around them on agriculture, fishing and livestock.

On July 17, 2016, the United Nations Educational, Scientific and Cultural Organization (UNESCO) agreed to include the marshes in the World Heritage List, an international nature reserve, in addition to nearby ancient archaeological cities such as Ur, Eridu and Warka.

Since the beginning of this year, drought has hit the country, which has been caused by a decline in water levels through the Tigris and Euphrates rivers, as a result of the water policies of Iran and Turkey, through building dams, diverting the course of branch rivers and preventing their entry into Iraq. Today, the Iraqi marshes appear to be facing a serious challenge for survival, in light of the aggravation of the drought crisis, which experts describe as the most severe in decades, as water levels have declined in the water bodies that cover large areas of several governorates, and are a source of fertile environmental life around which residential communities have been formed. Many different villages and towns contain tens of thousands of Iraqis.

In recent weeks, a significant number of families have been displaced from the marshlands due to drought, as they depend on raising buffaloes, livestock and fishing, which have been affected by drought, while agriculture has also been affected.

Iraqi activists launched a campaign to urge the government to help the people of the marshes, and activists are preparing to organize a sit-down on Monday evening, August 15, in the center of Nasiriyah, the capital of Dhi Qar governorate, to denounce the government's failure to contain the crisis and help the people affected by the drought crisis.

In this context, environmental activist Muhammad Abbas said in a tweet on Twitter that the United Nations should intervene in such “stifling conditions” and solve the crisis of the Great Marshlands, especially as it is on the World Heritage List. Abbas described the crisis as a "political failure", referring to the Iraqi government's failure to complete its negotiations with the Turkish and Iranian sides, and to achieve the desired results to raise the quantities of water reaching the Tigris and Euphrates rivers.

Earlier, the rapporteur of the Iraqi Parliament’s Water Committee, Representative Adel Al-Mukhtar, said that his committee “called on the three presidencies to use pressure papers on neighboring countries to get them to join international agreements and treaties related to the distribution of water between countries,” explaining in press statements “the need to develop solutions to address The negative effects of declining water levels, the most important of which are the high rates of pollution, especially in the central and southern regions, and the increase in desertification areas, as well as the expansion of family migration, especially from marsh dwellers and villages to city centers.”

 Al-Mukhtar added that "the most important of these treatments include rationalizing water consumption, by stopping fish farming, and changing the old irrigation systems for orchards." Ended 29 / h    https://www.mawazin.net/Details.aspx?jimare=202522

 

To read more current and reliable Iraqi news please visit BondLady’s Corner:

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