Iraqi News Monday AM 11-22-21
Iraqi News Monday AM 11-22-21
TLM724 Administrator BondLady’s Corner
The Central Bank Of Iraq Begins Activating The Self-Management Of Foreign Reserves
Central Bank of Iraq building Banks Economy News – Baghdad The Central Bank of Iraq announced, on Monday, that it has started activating the self-management of foreign reserves.
And the central bank stated in a statement seen by "Economy News", that it had begun "activating tools for direct communication and negotiation with clients and external correspondents on the Bloomberg and Refinitiv (FXALL, RFQ) platforms."
He added that this is a simulation of "the latest global developments in using the best executive tools for managing and investing foreign reserves in order to achieve the best returns in trading and investment operations." Views 195 Date Added 11/22/2021 https://economy-news.net/content.php?id=26829
Masrour Barzani: The Kurdistan Region Is In An Advanced Stage Of Security And Economic Development
Posted On 2021-11-22 By Sotaliraq Kurdistan Regional Government Prime Minister Masrour Barzani
The Prime Minister of Kurdistan Regional Government, Masrour Barzani, said on Sunday that the region is in an advanced stage in terms of security and economics.
Masrour Barzani said in response to a question by the Kurdistan 24 delegate, on the sidelines of his participation in the Manama Dialogue Summit, "We always say that the Kurdistan Region can be a gateway to goodness and blessing that benefits all of Iraq."
He added that "in terms of security and economics, the region is in a more advanced stage, and we hope that this step will be a catalyst for the rest of Iraq's regions to advance the economy in the country."
Regarding the Manama summit, Masrour Barzani stressed that "the region's participation was strong, as many meetings and meetings were held."
Masrour Barzani indicated that the security issue is no longer an issue of a country or region alone, but rather requires international cooperation and coordination.
The President of the Kurdistan Regional Government stated that the US Secretary of Defense promised to continue cooperation in the fight against ISIS, praising the role of the Peshmerga and security institutions in the Kurdistan Region.
"All parties still feel that ISIS is a real threat," he added.
With regard to the role of the Kurdistan Region in forming the new Iraqi government, the head of the regional government said, "Kurdistan is always open to the good and benefit of Iraq and all Iraqis."
He explained that Kurdistan is in a more advanced stage in terms of security, while expressing his hope that these steps will help other regions of Iraq to restore security and economic recovery. LINK
Al-Marja’ Al-Khalisi: There Is No Solution To The Situation In Iraq Except With A Purely Iraqi Political Process That Works To Fix Corruption And Achieve Interests
Monday 22 November 2021 11:28 | political Number of readings: 272
Najaf / NINA / - The religious authority, Muhammad Mahdi al-Khalisi, called for unified action to establish a pure Iraqi political process that works to fix corruption and achieve interests, pointing to the severe confusion between supporters and opponents of electronic manipulation in the recent elections.
Al-Khalisi said in a tweet to him in this regard, "The talk about electronic manipulation of voters' votes, and the confirmation from other parties of the integrity and transparency of the recent elections, and the demand for re-counting and sorting manually, is meant to confuse the severe between right and wrong, in a way that it is impossible to know the line between The truth and falsehood of it, and makes reliance on any paragraph of it a means of confusion and a pretext for conflict.
He added, "The basis of this satanic confusion is the destructive political process of sectarian, ethnic, racist quotas, the threads of which were woven with malicious premeditation and premeditation to bring Iraq to this tragic existing situation that is intractable. For the desired change, in accordance with the interest of the unified homeland, its Islamic identity, its territorial integrity, respect for its independence and the sovereignty of its decision, away from foreign agendas and their destructive influence, and unified work to establish a pure Iraqi political process that works to reform corruption and achieve interests./End
https://ninanews.com/Website/News/Details?Key=940432
Tamkeen Fund .. An Economic, Social And Humanitarian Initiative
Economic and banking advisor Samir Al-Nusairi Articles Samir Al-Nusairi* The Community Initiatives Fund “Tamkeen” was established in November 2017, to achieve the economic and societal goals of the Central Bank of Iraq contained in Law 56 of 2004, which include achieving economic stability and promoting sustainable development.
This is done with the economic, humanitarian and cultural support of the community, through the initiatives provided by the Central Bank, banks and supporting authorities to achieve the economic and societal goal at the same time and support the humanitarian cases of the citizen, in light of the economic conditions that the country witnessed in the year 2004, due to the occupation of a large area by ISIS, which This led to a decline in the public services provided, as well as due to the drop in oil prices, on which the Iraqi economy depends almost entirely.
The “Tamkeen” Community Initiatives Fund is financed through monthly subscriptions from Iraqi private banks, exchange companies, electronic payment companies, gifts, donations and resources. General Council of Ministers.
The importance of the "Tamkeen" Initiatives Fund stems from its endeavor to support the community through: reviving the social and economic situation, employing manpower, empowering youth, and supporting humanitarian, cultural, social, technical and environmental cases.
The total number of initiatives supported by the "Tamkeen" Fund since its inception has reached hundreds of economic, humanitarian, cultural and community initiatives. The initiatives depended on supporting and developing Iraqi youth in various educational, service, health and other sectors. The areas in which the Tamkeen Fund contributed
1: Human and social situations.
Which has increased in the past years as a result of economic and social conditions.
2: Social areas and support for the education sector.
3: Environmental Protection
Combating desertification in cooperation with the Ministry of Agriculture.
Launching the "Initiative to Combat Desertification". It is a two-year initiative, which includes planting two million seedlings in all governorates of the country that suffer from this problem, while equipping the cultivated areas with drip irrigation networks. The initiative aims to reduce pollution and the negative effects of climate change and dust storms.
4: Supporting security in the capital, Baghdad
The Community Initiatives Fund "Tamkeen", the Baghdad Operations Command, has equipped 4 detachments of sniffer dogs to support the security situation in the capital, Baghdad.
5: Support for culture, media and the arts.
6- Financing economic, development and reconstruction projects.
* Economic and banking consultant
Views 181 Date Added 11/22/2021 https://economy-news.net/content.php?id=26831
The Ministry Of Finance Announces The Achievement Of The Highest Economic Growth Among The Gulf Countries
Money and business Economy News _ Baghdad The Ministry of Finance announced, on Monday, that Iraq has achieved the "highest economic growth" among the Arab Gulf countries during the current year 2021.
This came in a statement received by "Economy News", confirming that "according to the report of the International Monetary Fund recently issued, in which he expressed his optimism that the Iraqi economy will register the highest growth rates in the region compared to the countries of the region (the Arab Gulf, Egypt and Jordan)."
The ministry said that the Fund's report favored its expectations for the recovery of the Iraqi economy after a series of fundamental reforms in the structure of the local economy, which were adopted by the Iraqi government and the Ministry of Finance last year, represented by the White Paper for Financial and Economic Reform, expecting at the same time the improvement of the global oil market, which will push towards promoting economic growth for the medium term. .
The Iraqi Finance statement indicated that the policy of developing and improving non-oil activity that the Ministry of Finance worked on by supporting various productive sectors had a tangible impact in gradually raising recovery rates. Views 167 Date Added 11/22/2021 https://economy-news.net/content.php?id=26833
Al-Kazemi Stresses The Provision Of The Necessary Facilities For The Work Of Swedish Companies Inside Iraq
Money and business Economy News _ Baghdad Prime Minister Mustafa Al-Kazemi stressed, on Monday, providing the necessary facilities for the work of Swedish companies inside Iraq.
And his media office stated, in a statement received by "Al-Iqtisad News", that "Al-Kazemi, received the Swedish Minister of Foreign Affairs, Ann Linde, and the accompanying delegation."
He explained, "The meeting discussed bilateral relations between the two countries, developing joint cooperation between Baghdad and Stockholm, as well as discussing the Iraqi regional and international role, and following up on the decisions of the Baghdad Conference for Cooperation and Partnership, and how to proceed with their implementation."
He added, "The meeting also witnessed a discussion of the file of terrorist crimes committed by ISIS gangs inside Iraq, and the emphasis on holding the perpetrators accountable, as well as supporting the liberated areas."
Al-Kazemi stressed, "the need to develop cooperation relations between Iraq, Sweden and the European Union, especially in the security field and the war against ISIS terrorist gangs, as well as in the field of investment and providing the necessary facilities for the work of Swedish companies inside Iraq."
The Swedish Foreign Minister conveyed the "greetings of the Swedish government to the Prime Minister," praising "the regional role of the Iraqi government in promoting stability in the region by adopting the means of dialogue and calm."
And Lindy expressed, "Her country's aspiration for more bilateral cooperation between Iraq and Sweden in various fields and levels."
Views 105 Date Added 11/22/2021 https://economy-news.net/content.php?id=26836
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