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Iraqi News Saturday AM 1-30-21

Iraqi News Saturday AM 1-30-21

TLM724 Administrator BondLady’s Corner

An Iraqi Coalition To NINA: Parliament's Conviction Will Determine The Exchange Rate Of The Dollar And Change It In A Future That Is Not Impossible

Saturday 30, January 2021 17:45 | Political Views: 129   Baghdad / NINA / An Iraqi coalition has revealed the fate of the efforts to reduce the dollar exchange rate against the dinar in the federal budget 2021.

The spokesman for the coalition, MP Hussein Arab, said in a statement to the Iraqi National News Agency ( NINA ) that "the decision of the Parliamentary Finance Committee and the conviction of the House of Representatives determined whether to maintain or change the current exchange rate of 1450 to the dollar against the Iraqi dinar." The current exchange rate requires reducing the general budget revenues and expenditures as a whole.

He added that "the current view within the House of Representatives so far is to maintain the current exchange rate, but it is possible to reduce it in the future, and this matter is not impossible."

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Regarding the date of the interrogation session of the central bank governor, Arab explained that "the questioning is still ongoing and will soon determine the date of the hot session in the presence of the governor." .

The House of Representatives postponed its regular session, which was scheduled to take place last Wednesday evening, after it was included in its agenda the interrogation of the governor of the Central Bank, but the lack of a quorum for attendance prevented it. /    https://ninanews.com/Website/News/Details?Key=884922

Dollar Exchange Rates Are Close To 1450 Dinars ... Know Them

Time: 01/30/2021 10:19:08 Read: 8,164 times   (Baghdad: Al Furat News) The exchange rates of the dollar in the capital, Baghdad, today, Saturday, according to the Al-Kifah Stock Exchange, approached 1450 dinars to the dollar Baghdad - the price on the Kifah Stock Exchange is 144,900 The price in exchange (approximate) 144,000   145,500

Basra / Bursa   144,500  Mosul / Wholesale   145,000  Diyala / Wholesale   145,000  Sulaymaniyah / Bursa   145,250 LINK

Four Laws Top The Agenda Of Parliament In The Next Phase ... And Points Of Contention In The Election Law Have Not Been Addressed

Political| 12:28 - 01/30/2021  BAGHDAD - Mawazine News The Parliamentary Legal Committee revealed, on Saturday, four laws that top the agenda of Parliament in the next stage, pointing out that points of contention in the election law have not been resolved.

Committee member Bahar Mahmoud said, according to government media, that "there is a proposal to amend the election law, especially after it has been postponed," noting that "this law is one of the most prominent laws that must be amended in the next phase in addition to the general budget law."

Mahmoud revealed "the most prominent laws that will top the parliament's agenda in the next stage," indicating that "the Federal Court Law is one of the important laws that will top the parliament's agenda, whether the law is enacted or the current amendment, because without addressing this law, early elections cannot be held."

And she continued, "Among the other laws that will have priority in the next stage is the Council of Ministers Law, because there has been a legislative vacuum since 2005 because there is a Council of Ministers, but there is no law for the Council and it is in the process of voting," noting that "the Civil Service Law is among the Laws that will have priority in Parliament, because it is an important law that regulates the work of employees in terms of rights and duties. "

She explained that "the Domestic Violence Law has been read by a first reading, and that the second reading is under preparation by the Human Rights and Legal Committee."

She pointed out that "there are numerous objections within the House of Representatives to the law, as a result of the belief of some parliamentarians that the law is in the interest of women and against men."

Concerning the constitutional amendments, Mahmoud pointed out that "the committee in charge of the amendments has finished its work, but there are some points of contention that have not been resolved." Ended https://www.mawazin.net/Details.aspx?jimare=139839

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More Than 4.8 Million Active Bank Accounts In Iraq

Time: 01/30/2021 13:09:35 Read: 1,794 times   {Baghdad: Al Furat News} The Iraqi Private Banks Association revealed, today, Saturday, the number of bank accounts in banks operating inside Iraq, indicating that they amount to more than 4.8 million bank accounts.

The executive director of the Iraqi Private Banks Association, Ali Tariq, said in a statement that the Euphrates News received a copy of it, that "bank accounts amount to more than 4.8 million accounts, which is a very good percentage, and are witnessing a significant annual growth of more than 44% thanks to the salaries localization program for employees." The state and the opening of new companies in addition to the citizens ’need to save in banks because of the high interest rate for fixed deposits and purchases from the Internet and others.

He pointed out that "the number of currently activated bank cards is more than 11.2 million cards, while the number of automatic teller machines is 1,170 devices," explaining that "point-of-sale devices known as POS amount to about 4,000 devices, and electronic payment companies are working on an increase to include all stores across the board. Country in the coming years. "

Tariq pointed out that "the activated electronic wallets amount to more than 3.5 million wallets, and the points of cash payment amount to about 13 thousand devices spread throughout Iraq."

He emphasized that "the strategy of the Central Bank of Iraq to enhance financial inclusion has contributed to increasing bank accounts, bank cards and electronic payment devices, in addition to being able to diversify banking services to all citizens in Baghdad and the provinces," noting that "the Central Bank works with the International Monetary Fund and the Monetary Fund." Al Arabi, the World Bank, the Association of Private Banks and other financial institutions to promote the concept of financial inclusion "inside Iraq.   LINK

The Association Of Banks Identifies Three Reasons For The Increase In Bank Accounts

Economie| 12:07 - 01/30/2021 Baghdad - Mawazine News  The Iraqi Private Banks Association revealed, on Saturday, that the number of bank accounts in Iraqi banks amounted to more than 4.8 million accounts, that the number of activated bank cards is more than 11.2 million cards, the reason being attributed to the employee salaries resettlement program and the increase in the interest rate for fixed deposits .

The executive director of the Iraqi Private Banks Association, Ali Tariq, said in a statement that Mawazine News received a copy of, that "bank accounts amount to more than 4.8 million bank accounts registered in banks operating inside Iraq."

He added that "this percentage is very good, and it is witnessing a great annual growth of more than 44%," explaining the reason for the "nationalization program for state employees' salaries and the opening of new companies in addition to the need for citizens to save in banks because of the high interest rate for fixed deposits and purchases from the Internet and others. "

Tariq added that "the number of currently activated bank cards is more than 11.2 million cards, while the number of ATMs has reached 1170 devices," explaining that "POS devices known as POS amount to about 4 thousand devices, and electronic payment companies are working to increase the performance of devices to include all stores." Nationwide in the coming years. "

He pointed out that "the activated electronic wallets amount to more than 3.5 million wallets, and the points of cash payment amount to about 13 thousand devices spread throughout Iraq."

The Executive Director of the Banks Association confirmed that "the strategy of the Central Bank of Iraq to enhance financial inclusion contributed to increasing bank accounts, bank cards and electronic payment devices, in addition to that it was able to diversify banking services to all citizens in Baghdad and the governorates," indicating that the Central Bank is working with the IMF. The World Bank, the Arab Monetary Fund, the World Bank, the Association of Private Banks and other financial institutions to promote the concept of financial inclusion inside Iraq. ”Ended 29 / A 43

https://www.mawazin.net/Details.aspx?jimare=139836

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Parliamentary Finance Meets With Officials From The World Bank

Time: 01/30/2021 14:01:48 Read: 2,119 times  {Baghdad: Al Furat News} The Finance Committee held its meeting with officials of the World Bank.   The Information Department in the House of Representatives stated that "the Finance Committee holds its 35th meeting, in which it continues its discussions on the draft federal budget bill for 2021, during which it reviews the results of its subcommittees' meetings with ministries and government institutions."

She stated that "within the committee's agenda is to host officials from the World Bank."   LINK

Parliamentary Finance Reveals To {Al Furat News} Its Position On The Benefits Of Bank Loans

Time: 01/2021/30 08:29:55 Read: 6,123 times  {Baghdad: Al Furat News} The Parliamentary Finance Committee revealed its position on the benefits of bank loans granted to citizens.

Committee member Jamal Cougar told {Al Furat News} that "the issue of bank loans and their benefits is not subject to the House of Representatives, and is not within the powers of the Council or the Financial Committee."

He stressed that "this matter is a purely financial issue, and the council has nothing to do with it."  LINK

 

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