Iraqi News Sunday Afternoon 4-17-22
Iraqi News Sunday Afternoon 4-17-22
TLM724 Administrator BondLady’s Corner
An Extension Calling On The Representatives To Form The Largest Bloc And Waving To “Dissolve Parliament” As An Option In Light Of The Political Blockage
Iraq Sunday, 17 April 2022 5:07 PM National News Center / Special On Sunday, the extension of the Parliamentary Movement called on members of the House of Representatives from various political blocs to join the movement and form the largest bloc and get out of the political blockage, stressing that in the absence of a response from members of Parliament, we will resort to submitting a request to dissolve the House of Representatives.
The spokesman for the movement, Manar Al-Obaidi, said in a statement to the National News Center, that "the extension movement took a set of measures to discuss members of the House of Representatives from the various blocs to abandon the interests of their personal blocs and enter with the movement to form the largest bloc and go to achieve the interests of the people who held them this responsibility." “.
He added that "in the event that members of the House of Representatives refrain from proceeding with us and the political blockage continues, we may go to several measures, including a request to cancel the House of Representatives and repeat the elections again."
He called on members of the House of Representatives to get out of the political crisis and proceed with the formation of the government and achieve the demands of the people, who held them responsible for representing them in Parliament. https://nnciraq.com/122035/
Integrity: Recruiting the former General Manager of the Cooperative Agricultural Bank
Today, Sunday, the Federal Integrity Commission revealed the issuance of an order to bring in the former Director General of the Cooperative Agricultural Bank, for causing serious harm to the funds or interests of the entity in which he works by virtue of his position.
A statement by the authority stated, "The Rusafa Investigation Court, which is specialized in integrity issues, issued a summons order against the accused (the former General Director of the Cooperative Agricultural Bank) on a subject that came as a result of the violations committed in the Cooperative Agricultural Bank - Numaniyah Branch in Wasit Governorate."
The statement added, "The violations included granting loans to farmers without real estate guarantees or guarantees, and relying on arranging bills of exchange only."
He pointed out, "The recruitment order issued by the Rusafa Investigation Court, which is specialized in integrity issues, was issued in accordance with the provisions of Article (340) of the Penal Code."
https://www.radionawa.com/all-detail.aspx?jimare=29048
The World Bank Expects Annual Inflation In Iraq To Decline To 3.3%
Money and business Economy News – Baghdad The World Bank expected the annual inflation in Iraq to decline to 3.3% this year, indicating that the number of people who will live in poverty in the Middle East and North Africa will be 9 million .
In a report, the bank said, "It is expected that the annual inflation of Iraq will decline from 6% during the year 2021 to 3.3% in the year 2022 and to 3% in the year 2023, indicating that the annual inflation of Iraq had reached 0.6% in the year 2020. "
He added that the largest inflation that countries in the Middle East and North Africa will witness is Iran, where it is expected to reach 37.6% in 2022, followed by Egypt with 10%, and then Tunisia with 6.4%, while the lowest annual inflation will be in Djibouti and Saudi Arabia by 2 %.
The report also indicated that many countries in the region will witness a further rise in food prices and will be at risk of food insecurity, indicating that Djibouti, Lebanon, Syria and Yemen have witnessed sharp increases in food prices in general .
According to the World Bank report, "the number of people who will live in poverty in the Middle East and North Africa will be 9 million between pre-pandemic levels and the end of 2022. "
Views 127 Date Added 04/17/2022 https://economy-news.net/content.php?id=27631
The World Bank Expects Annual Inflation In Iraq To Decline To 3.3%
Money and business Economy News – Baghdad The World Bank expected the annual inflation in Iraq to decline to 3.3% this year, indicating that the number of people who will live in poverty in the Middle East and North Africa will be 9 million .
In a report, the bank said, "It is expected that the annual inflation of Iraq will decline from 6% during the year 2021 to 3.3% in the year 2022 and to 3% in the year 2023, indicating that the annual inflation of Iraq had reached 0.6% in the year 2020. "
He added that the largest inflation that countries in the Middle East and North Africa will witness is Iran, where it is expected to reach 37.6% in 2022, followed by Egypt with 10%, and then Tunisia with 6.4%, while the lowest annual inflation will be in Djibouti and Saudi Arabia by 2 %.
The report also indicated that many countries in the region will witness a further rise in food prices and will be at risk of food insecurity, indicating that Djibouti, Lebanon, Syria and Yemen have witnessed sharp increases in food prices in general .
According to the World Bank report, "the number of people who will live in poverty in the Middle East and North Africa will be 9 million between pre-pandemic levels and the end of 2022. "
Views 127 Date Added 04/17/2022 https://economy-news.net/content.php?id=27631
Iraq Is The Fourth Exporter Of Oil To America During The Past Week
Energy Economy News – Baghdad On Sunday, the US Energy Information Administration announced that Iraq's oil exports to the United States rose to be the fourth largest source to it during the past week .
The administration said in a report, "The average US imports of crude oil during the past week from eight countries amounted to 4.830 million barrels per day, down by 719,000 barrels per day compared to the previous week, which amounted to 5.549 million barrels per day ."
And she added, "Iraq's oil exports to America reached an average of 155 thousand barrels per day, to be the fourth largest source of oil to America during the past week, up from the previous week, in which the average exports amounted to 71 thousand barrels per day ."
She noted that "most of America's oil revenues during the past week came from Canada, at a rate of 3.153 million barrels per day, followed by Mexico at a rate of 763,000 barrels per day, then Saudi Arabia at a rate of 328,000 barrels per day, then Brazil at a rate of 148 thousand barrels per day, and then Ecuador. At a rate of 145,000 barrels per day .
According to the administration, "the amount of American imports of crude oil from Nigeria amounted to an average of 89,000 barrels per day, and from Colombia at a rate of 49,000 barrels per day, while no quantity was imported from Trinidad and Tobago or Russia ."
Views 137 Date Added 04/17/2022 https://economy-news.net/content.php?id=27628
Oil Minister: $100 Per Barrel Of Oil Is The Acceptable Price
Energy Economy News – Baghdad Oil Minister Ihsan Abdul-Jabbar said that Iraq was under pressure to increase its oil production outside the scope of OPEC's production policy, apparently from the repercussions of the Russian war on Ukraine .
He added in a television interview that "consumers always pressure their governments to reduce prices, while the rise in oil prices was not more severe as imagined, but it is due to the high rates of inflation globally and the increase in the prices of materials and raw materials . "
The minister explained that "the price of 100 dollars per barrel of oil is an acceptable price . "
Ihsan Abdul-Jabbar stressed that "OPEC is committed to providing the necessary oil supplies to compensate for any shortfall in crude oil . " Views 69 Date Added 04/17/2022
https://economy-news.net/content.php?id=27635
The Dollar Depreciates Against The Dinar
Economie| 10:45 - 17/04/2022 Baghdad - Mawazine News, the dollar exchange rates decreased slightly on the Kifah Stock Exchange, today, Sunday.
The selling prices of the dollar were 147,800 dinars per 100 dollars, while the purchase prices of the dollar were 147,700 dinars per 100 dollars. Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=190406
The Central Bank Resumes Its Financial Dealings In Kirkuk After An 8-Year Hiatus
Economie Saturday, April 16, 2022 8:11 PM National News Center / Follow up The Central Bank of Iraq has agreed to resume its dealings with exchange companies and money transfers operating in Kirkuk, after eight years of suspension due to the repercussions of the ISIS war.
On April 13, the Central Bank sent a letter to the financial companies in Kirkuk to submit their requests to resume their dealings with the bank, stressing the need for companies to confirm their desire as soon as possible with regard to trading in US dollars.
For his part, the owner of an exchange company in Kirkuk, Nariman Nasr al-Din, said, “Since 2015, we have been asking the Central Bank for this constantly, but the bank expressed its approval after eight years due to the repercussions of the ISIS war and the Central Bank’s fear of targeting the money that the bank deals with companies operating in Kirkuk. “.
Nariman added, "From now on, things will return to what they were before the emergence of ISIS. We will be able to deal with the Central Bank, and the dollar will reach Kirkuk at the rate set by the Central Bank."
Regarding the importance of this step and its impact on the living situation of citizens, Neriman said, “Compared to the previous one, the currency exchange rate will decrease by one thousand dinars for each banknote of 100 dollars, and this will be in the interest of the citizens and all parties, because they will be able to obtain the dollar at a lower price.”
He continued, "We will also benefit from the Central Bank, like the rest of the provinces. We will not have to resort to other provinces in order to buy dollars, which was increasing costs for us and the citizens."
The Central Bank of Iraq sells US dollars to exchange companies at 146 thousand dinars for every 100 dollars. https://nnciraq.com/121840/
The Association Of Banks Reveals The Results Of The Central Bank’s Initiative To Support Projects
Economie Sunday, 17 April 2022 12:01 PM Baghdad / National News Center Today, Sunday, the Association of Iraqi Banks announced the results of the Central Bank's initiative to finance medium and small projects.
The association revealed that the volume of funding within the initiative amounted to 908 billion dinars, as the amounts granted to these projects until the end of 2021 were divided as follows: 254 billion dinars for small projects, 247.2 billion dinars as housing loans, 125 billion dinars for medium projects, 45 billion dinars for soft loans and 248 billion dinars for large projects.
The initiative also financed 209 projects in the agricultural sector with a value of 10 billion dinars, 971 billion dinars in a factory in the industrial sector with a value of 133.5 billion dinars, 6176 projects in the commercial sector with a value of 234.7, while in the service sector it financed 2070 projects with a value of 191.8 billion dinars, and 2,863 housing units in the sector Residential loans worth 247.2 billion dinars and 2,906 personal loans worth 45.6 billion dinars. https://nnciraq.com/121939/
Saleh congratulating Easter: an occasion to emphasize unity among Iraqis
Political | 11:50 - 17/04/2022 Baghdad - Mawazine News The President of the Republic, Barham Salih, congratulated today, Sunday, Christians in Iraq on the Day of Resurrection, considering it an occasion to emphasize the unity of ranks among Iraqis. https://www.mawazin.net/Details.aspx?jimare=190418
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