Iraqi News Sunday AM 4-4-21
Iraqi News Sunday AM 4-4-21
TLM724 Administrator BondLady’s Corner
Parliamentary Finance: The Budget Will Be Applied And Implemented Retroactively For The Past Months
Money and business Economy News _ Baghdad On Sunday, a member of the Parliamentary Finance Committee, Muhammad al-Shabki, stated that the budget will be applied and implemented retroactively for the past months that were not enacted, pointing out that the budget must be effective from the first of last January. Al-Shabaki said in a press interview, that "the federal budget for 2021 is supposed to be published in the Iraqi newspaper Al-Waqae 'after it was decided by Parliament and voted on in general."
He added that "the budget is considered effective from the first of January of the year 2021, despite the parliament voted on it on the 31 of last March."
He explained that "the budget is applied and implemented retroactively for the past months, after Parliament voted on it after exceeding the specified date for its implementation."
Number of observations 231 Date of addition 04/04/2021 https://economy-news.net/content.php?id=24709
The Rise Of The Dollar In Baghdad And Jumps In Erbil
Time: 04/2021 10:50:04 Read: 11,037 times {Economic: Al Furat News} The exchange rate of the dollar rose against the dinar, today, Sunday.
The exchange rate in Baghdad this morning was 1470 dinars, or 147,000 dinars for one hundred dollars.
In Erbil, the dollar jumped to 1,481 dinars, or 148 thousand and 100 dinars for one hundred dollars.
As for Dhi Qar, the dollar at the selling price rose to 1472.5 dinars, or 147 thousand and 250 dinars for one hundred dollars, and by buying it was 1465 dinars. LINK
Representative Economy: The Next Stage Will Be The Stage Of Approving The Partnership Law Between The Private And Public Sectors
Money and business Economy News _ Baghdad The Parliamentary Economic and Investment Committee stated, on Sunday, that the next stage after approving the budget will be the stage of adopting economic laws that support the Iraqi economy and contribute to providing quality local products that match the importer.
Committee member Nada Shaker Jawdat said in an interview with Al-Sabah newspaper, which was followed by Al-Eqtisad News, that “one of the most important laws that efforts must be poured into at this stage is the partnership between the private and public sectors, and other important laws that are in the interest of correcting the economic situation. ».
She added that "the human potential is able to change the Iraqi economic reality to its best with the support of legislation, including the law of partnership between the private and public sectors, which contributes to the development of the country industrially and supports it economically and provides a large cash block at home."
Jawdat pointed out that “strengthening and correcting the local industry and relying on it represents the best solution to avoid the high prices of imported products, which constitutes a successful action plan for ministries to evaluate their factories in two ways.
Either offering it for investment or evaluating it and working to operate it with local competencies and expertise, in addition to relying on pushing development and benefiting from the manufacturing plans adopted by factories in neighboring or global countries in manufacturing products with Iraqi expertise.
Number of observations 197 Date added 04/04/2021 https://economy-news.net/content.php?id=24706
Amer Al-Jawahiri To / NINA /: The Country Needs Investors ... And Any Economic Agreement Must Be Activated And Not Delayed
Sunday 04, April 2021 12:18 | EconomicalViews: 412 Baghdad / NINA / The consultant in industrial development, industrial estates and investment, Amer Al-Jawahiri said: The country needs investors, stressing the importance of activating any economic agreement and not delaying it.
He told the Iraqi National News Agency / NINA / that: the economic deterioration, the weakness of the future vision, the lack of viable plans to diversify the Iraqi economy, and the deterioration of the infrastructure and services, all of which need an able and eager management.
Al-Jawahiri added that matters have reached the point that oil revenues do not cover operational expenses in the annual planning budget, which requires a high-level intergovernmental state team to manage any agreement after turning it into an agreement.
He explained that: The Iraqi negotiator must play intelligently negotiating with states and companies for the benefit of Iraq and in partnership with private sector institutions and economic civil society organizations.
Al-Jawahiri added: We are talking about the fate of Iraq and we really need the investors. Here comes the importance of serious and sustainable work to activate the Iraqi-Chinese agreement, for example, with quick efforts ... The Arabian Gulf - Haifa. / https://ninanews.com/Website/News/Details?Key=897104
Al-Halbousi Discusses With The Swiss Foreign Minister Cooperation In The Field Of Economy And Investment
Sunday 04, April 2021 16:52 | Political Views: 153 Baghdad / NINA / Parliament Speaker Muhammad al-Halbousi received today, Sunday, Vice President and Federal Adviser, Swiss Foreign Minister Ignazio Cassis and his accompanying delegation, which included a number of members of the Swiss Parliament.
During the meeting, according to a statement by the Al-Halbousi office, a discussion took place on strengthening relations between Iraq and Switzerland and ways of cooperation according to common interests, the importance of activating friendship committees between the two parliaments, and emphasizing the continuation of joint political work, through the Memorandum of Understanding for the political consultations signed between the two countries.
The two sides discussed cooperation in the field of economy and investment, and urged Swiss companies to work in Iraq and create jobs and employ youth, as well as cooperation in the humanitarian field regarding the issue of the displaced and returning them to their regions as steps that enhance efforts to achieve stability in the country.
They also discussed the regional and international situation, and stressed the importance of dialogue to achieve security and stability.
For his part, the Swiss Vice President expressed his country's desire to strengthen relations with Iraq and expand the horizons of cooperation in all fields, in order to achieve development and prosperity, noting the importance of supporting Iraq in strengthening its security and stability, as it is an important part of the security of the region. / End 7 https://ninanews.com/Website/News/Details?key=897181
Wisdom Withdraws The Request To Question The Governor Of The Central Bank For Unknown Reasons!
Political Sunday 4 April 2021 | 12:02 p.m.| Views: 71 Deputy for the rule of law, Abdul Hadi Al-Saadawi, revealed, on Sunday, that the Wisdom Movement withdrew the request to interrogate the governor of the Central Bank, Mustafa Ghaleb, for unknown reasons, pointing out that there are many reprimands for the performance of the policy of the central bank governor .
Al-Saadawi said that "the interrogation of the central bank governorate was withdrawn for unknown reasons by the stream of wisdom, or what is known as the Iraqi coalition ."
He added that "there is a reservation on the performance of the portfolios, including the rise in the exchange rates of the dollar against the Iraqi dinar, as well as the window of the currency auction .
https://aynaliraqnews.com/index.php?aa=news&id22=145881
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