Iraqi News Monday AM 3-28-22
Iraqi News Monday AM 3-28-22
TLM724 Administrator BondLady’s Corner
Parliamentary Finance Decides To Host The Ministers Of Finance And Trade Next Wednesday
Political | 02:52 - 03/28/2022 Baghdad - Mawazine News Today, Monday, the committee decided to host the ministers of finance and trade, next Wednesday, to discuss the financial abundance and the ration card.
The committee stated, according to the official agency, that "the Parliamentary Finance decided to host the ministers of finance and trade, next Wednesday, to discuss the financial abundance and the ration card, provided that during the next week, it will host the ministers of finance, electricity, planning, agriculture, labor and trade, a number of relevant officials and the Governor of the Central Bank to discuss the related files."
Today, the Council held its session headed by Al-Halbousi and attended by 258 deputies. Ended 29 / 92
https://www.mawazin.net/Details.aspx?jimare=188624
Parliamentary Finance Announces The Agreement To Cancel The Borrowing Paragraph In The Food Security Law
political| 02:10 - 03/28/2022 Baghdad - Mawazine News Today, Monday, the Presidency of the House of Representatives began reading the report of the draft law on emergency support for food security and development.
According to the official agency, "the Parliamentary Finance Committee agreed to cancel the borrowing clause in the Food Security Law."
Today, the Council held its session headed by Al-Halbousi and attended by 258 deputies. Ended 29 / 92
https://www.mawazin.net/Details.aspx?jimare=188622
The Central Bank’s Foreign Currency Sales Fell By 27%
Economie| 01:04 - 03/28/2022 Baghdad - Mawazine News: The Central Bank of Iraq's foreign currency sales recorded, today, Monday, a new decline, down by about $137 million.
Sales of the Central Bank decreased during its auction of buying and selling US dollars, reaching 136 million and 596 thousand dollars, a decrease of approximately 27%, or approximately 50 million dollars, from sales last Sunday.
Foreign remittances recorded a decline to more than 136 million dollars, in the form of requests to enhance balances abroad, and accounted for 99.7% of total sales.
Twenty-three banks fulfilled requests to enhance balances abroad, compared to only two banks to meet cash requests, with the participation of one brokerage company and no exchange companies. Ended 29 / 92 https://www.mawazin.net/Details.aspx?jimare=188616
Financial Control Reveals To / Mawazine News / Important Information Regarding Exchange Rates
Economie| 11:56 - 03/28/2022 Special - Mawazine News, between the former Director of the Office of Financial Supervision, Salah Nouri, today, Monday, the truth of the news that talks about the bankruptcy of the Central Bank if the exchange rates of the dollar change.
Nuri said, in a statement to / Mawazine News /, that "the bankruptcy of the Iraqi Central Bank is incorrect, due to the presence of 3 international economic reserves for it," noting that "the hard currency of the dollar, and the gold reserves whose global prices are good, and the purchase of US treasury bonds, which are of great value." High value and interest, and therefore bankruptcy is highly unlikely."
He added, "Manipulating the exchange rates of the dollar leads to an increase in imports and the exit of the currency outside the country, knowing that the dollar reserves of the Central Bank rose after changing the exchange rate of the dollar." Ended 29 / 92 https://www.mawazin.net/Details.aspx?jimare=188605
Dollar Exchange Rates In Local Markets Today
Market Economy News _ Baghdad Dollar exchange rates continue to remain stable in local markets. Today, Monday, the selling prices of the dollar were 147,250 dinars per 100 dollars, while the purchase prices of the dollar were 147,000 dinars per 100 dollars.
And the Central Bank of Iraq decided earlier to adjust the exchange rate of the dollar against the Iraqi dinar, as the purchase price of the dollar from the Ministry of Finance amounted to 1450 dinars, while the price of selling it to banks was set at 1460 dinars per dollar, while the selling price to the citizen is 1470 dinars per dollar.
Views 144 Date Added 03/28/2022 https://economy-news.net/content.php?id=27366
A Significant Decline In The Price Of Future Contracts For Brent Crude
Economie| 09:42 - 03/28/2022 Baghdad - Mawazine News, Brent crude futures witnessed, today, Monday, a decrease of 4 dollars, to reach 116.18 dollars per barrel.
Meanwhile, US crude futures fell $4, to $109.90 a barrel.
Crude oil prices fell at the end of last week, as the United States and its allies discussed the possibility of an additional coordinated release of oil from stockpiles to help calm energy markets in the wake of the Russian invasion of Ukraine. Ended 29 / 92 https://www.mawazin.net/Details.aspx?jimare=188589
UNDP: International And UN Support For Iraq's Transition To Clean Energy
Today, Sunday, the United Nations Development Program confirmed the existence of international and international support for Iraq's transition to clean energy.
The program said in a statement, "After supporting the United Nations Development Program for Iraq in developing and submitting its nationally determined contributions towards the Paris climate agreement, including commitments related to reducing greenhouse gas emissions, which is an important turning point in advancing its efforts towards meeting climate change commitments, the organization organized The Development Program in Iraq, in partnership with the International Renewable Energy Agency (IRENA) and with the support of the United Kingdom through the British Office of Foreign Affairs and Development, a high-level workshop entitled "Iraq's Transition to Clean Energy".
He added, "The importance of this workshop, which was held in the Emirate of Abu Dhabi, (the headquarters of the International Renewable Energy Agency), comes to help develop a long-term framework for energy policy and address the main obstacles in understanding the infrastructure and financial needs to promote renewable energy, as Iraq lacks a framework for action.
A clear energy transition policy that defines the path from the fossil fuel-based energy sector to the carbon-neutral energy sector.
He pointed out that "the Iraqi Ministry of Environment, represented by the Minister of Environment and Iraq's Special Representative for Climate Change, Jassem Al-Falahi, chaired the workshop and in the high-level presence of the Ambassador of the Republic of Iraq to the United Arab Emirates, the Permanent Representative of Iraq to the International Renewable Energy Agency, Muzaffar Al-Jubouri and representatives of the General Secretariat For the Prime Minister, the Ministry of Foreign Affairs, the Ministry of Electricity, the Ministry of Industry and Minerals, the Ministry of Oil, the Ministry of Planning, the National Investment Authority, the Ministry of Electricity of the Kurdistan Region, and the Commission for the Protection and Improvement of the Environment in the Kurdistan Region.”
The statement continued, "Al-Falahi, during his speech at the opening of the workshop, expressed his thanks and gratitude to the government and people of the United Kingdom for supporting this project, which will increase Iraq's ambition towards combating climate change," adding, "We are grateful to the United Nations Development Program and the International Renewable Energy Agency for organizing this important event."
He pointed out that "this work would not have been possible without the continuous and valuable cooperation with the Iraqi Ministry of Environment, the fruitful partnership with the International Renewable Energy Agency, and the generous support of the UK government through the British Foreign Affairs and Development Office."
https://www.radionawa.com/all-detail.aspx?jimare=28719
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