Iraqi News Sunday Afternoon 3-27-22
Iraqi News Sunday Afternoon 3-27-22
TLM724 Administrator BondLady’s Corner
Finance Minister: The White Paper Has Restored Balance To The Iraqi Economy
Sunday 27 March 2022 210 Baghdad: morning The Minister of Finance, Ali Abdul Amir Allawi, said in his speech at the 20th Doha Forum for International Dialogue held in the State of Qatar, yesterday, Saturday: that the white paper restored balance to the Iraqi economy.
Allawi added, in the forum, which carried the slogan "Transformation into a New Era", and aims to launch a dialogue on the critical challenges facing the world, promote the exchange of ideas, policy-making and present viable recommendations, "that the goal of reaching a world free of crises, violations and wars is not easy."
It is possible, unless there are good intentions, international will, and equal dialogue to resolve differences and reduce conflicts in order to dim the sound of war and the omens of destruction, then health recovery is no longer worrisome after suffering severely from the effects of the Corona pandemic, but rather the multiplicity of armed conflict foci and its expansion is what worries the world.
He pointed out that "Iraqi society suffers from chronic and costly crises deepened by fluctuations in oil prices in the global market, due to the impact of the Corona pandemic and terrorism, and that the decline in Iraqi oil revenues and terrorism were sources of concern at all governmental, political and popular levels, and it is a legitimate concern in the context of the historical deterioration of the global economy,
Therefore, the national need for a financial strategy was for two reasons, the first is short related to borrowing for the purposes of meeting urgent needs, and the second is long-term, represented by the white paper for economic and financial reform, to avoid expected fluctuations, achieve reassurance about a decent living, and create new economic partnerships at all levels.
He continued, "The importance of the white paper is embodied in rebalancing the Iraqi economy and placing it on a path that allows the state to take appropriate steps in the future to develop it into a dynamic, diversified economy that creates opportunities for Iraqis to live a decent life by proposing a set of comprehensive reforms and policies, and protecting the weak and fragile groups in society, which are more Affected by some aspects of reform, by increasing social protection allocations, supporting the food basket, small and medium enterprises, and activating health measures to counter the effects of the pandemic, the reform paper took into account the repercussions of rising global food prices on the life of Iraqi society, which is the result of measures outside its control regarding the high costs of production, transportation, shipping and marketing. ". LINK
Baghdad Sends 200 Billion Dinars To The Kurdistan Region
Today, Sunday, the Kurdistan Regional Government received an amount of 200 billion dinars from the federal government in Baghdad.
A source in the Ministry of Finance of the Kurdistan Regional Government said in a statement to the media that the Iraqi government sent today an amount of 200 billion dinars to Kurdistan.
It is worth noting that a number of government departments in the Kurdistan Region did not receive the second month's salary, while half of the salary was distributed to a number of other departments.
https://www.radionawa.com/all-detail.aspx?jimare=28703
A Significant Increase In Iraq's Oil Exports To America In A Week
Energy Economy News _ Baghdad Today, Sunday, the US Energy Information Administration announced that Iraqi oil exports to America increased significantly during the past week, reaching an average of 489,000 barrels per day.
The administration said in a report seen by "Economy News", that "the average US imports of crude oil during the past week from nine countries amounted to 5867 million barrels per day, an increase of 334 thousand barrels per day compared to the previous week, which amounted to 5533 million barrels per day."
And she added, "Iraq's oil exports to America amounted to an average of 489,000 barrels per day during the past week, up from the previous week, in which the average exports amounted to 161,000 barrels per day."
She noted that "most of America's oil revenues during the past week came from Canada, at a rate of 3.806 million barrels per day, followed by Mexico at a rate of 641,000 barrels per day, then Saudi Arabia at a rate of 534,000 barrels per day, then Brazil at a rate of 150,000 barrels per day, and then Ecuador. an average of 103,000 barrels per day.
According to the administration, "the amount of US imports of crude oil from Colombia amounted to an average of 72,000 barrels per day, and from Russia at a rate of 70,000 barrels per day, and Nigeria at a rate of two thousand barrels per day, while America did not import any quantity from Trinidad and Tobago."
Views 120 Date added 27/03/2022 https://economy-news.net/content.php?id=27356
Dollar Exchange Rates Against The Dinar
Economie| 10:06 - 27/03/2022 Baghdad - Mawazine News : The dollar exchange rates continued to remain stable in local markets. Selling price: 147,250 dinars per $100 purchase price: 147,000 dinars per $100 https://www.mawazin.net/Details.aspx?jimare=188501
Iraq Earns More Than $8.8 Billion From Selling Oil In One Month
Economie| 01:10 - 27/03/2022 Baghdad - Mawazine News The Ministry of Oil announced, on Sunday, the total revenues generated from crude oil exports for the month of February.
A statement by the ministry, received by Mawazine News, stated, "According to the final statistics issued by the Iraqi Oil Marketing Company (SOMO), the total amount of crude oil exports reached (92) million (790) thousand and (173) barrels, with revenues of ( Cool billions (809) million and (162) thousand dollars.
The statement added, "The total quantities exported of crude oil for the month of February from oil fields in central and southern Iraq amounted to (91) million (314) thousand and (828) barrels, while the quantities exported of Kirkuk oil through the port of Ceyhan (1). One million and (475) thousand and (345) barrels," noting that "the average price per barrel amounted to (94,936) dollars."
The statement pointed out that "the exported quantities were loaded by (34) international companies of different nationalities, from the ports of Basra, Khor al-Amaya, mono-buoys on the Gulf and the Turkish port of Ceyhan." Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=188517
Work Coordinates With The World Bank To Develop Protection Programs
Sunday 27 March 2022 252 Baghdad: Batoul Al-Hasani The Ministry of Labor and Social Affairs is coordinating with the World Bank to develop the social protection program, while completing the procedures for subsidy inclusion for the new categories.
The Director of the Social Protection Department in the Ministry, Zikra Abdel Rahim, told Al-Sabah: "The project aims to unify and update the social protection register and provide support to the Protection Authority and its departments and develop their performance in order to strengthen the social protection system in Iraq and improve the quality of protection systems in the ministry." He pointed out that "the representatives of the World Bank gave a detailed and illustrative presentation on the development and strengthening of the social protection program, the future plan, and the roadmap to reach results."
She added, "This project is among the procedures of the white paper on government reforms approved by the Council of Ministers, and it is hoped that the actual launch of the project will be after completing the financial aspects, within the World Bank grant designated for this."
And the Director of Protection indicated that "the ministry is ready to expand coverage for the new categories and has completed all procedures related to this regard, especially for families that have been monitored and a large part of them registered, and citizens who have had requests for inclusion for years, and if sufficient financial allocations are provided in the new budget, they will be included along with other categories." New". LINK
Al-Zamili: Parliament Will Seek To Install This Tranche In The 2022 Budget
Political | 02:26 - 27/03/2022 Baghdad - Mawazine News The First Deputy Speaker of the House of Representatives, Hakim Al-Zamili, announced today, Sunday, that the House of Representatives seeks to install contractors in higher education within the 2022 budget. The media office of Al-Zamili said in a statement received by "Mawazine News", that the latter "met with a group of contract holders demonstrating In front of the Ministry of Higher Education and Scientific Research.
Al-Zamili stressed, according to the statement, "the legislative authority's endeavor to include all their dues in the provisions of the 2022 budget and install them on the permanent owners, after providing the council with an official letter from the ministry that includes the full numbers." Ended 29/N33
https://www.mawazin.net/Details.aspx?jimare=188522
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