Iraqi News Thursday Morning 4-14-22

Iraqi News Thursday Morning 4-14-22

TLM724 Administrator BondLady’s Corner

Planning: The Current Government Will Not Submit The Budget To Parliament

Political | 01:58 - 14/04/2022   Baghdad - Mawazine News   The Ministry of Planning announced, on Thursday, that the current government will not submit the budget law to the House of Representatives.

The technical representative of the ministry, Maher Hammad, said, "The current government will not submit the budget law to the House of Representatives, but will leave it to the next government." In an interview with the official news agency, Hammad added, "The emergency support law will address food security and projects until the new budget is approved." https://www.mawazin.net/Details.aspx?jimare=190170

The Stability Of The Dollar Exchange Rates In The Local Market

Economie| 10:22 - 14/04/2022   Baghdad - Mawazine News   Today, Thursday, the exchange rates of the US dollar against the Iraqi dinar witnessed stability for the third consecutive day on the Kifah Stock Exchange in Baghdad.   Where the buying and selling prices were recorded as follows:

Dollar selling prices: 148,250 Iraqi dinars per 100 US dollars

Dollar purchase prices: 147,250 Iraqi dinars per 100 US dollars

While the exchange rates, last night, Wednesday, were 147,800 Iraqi dinars, compared to 100 US dollars. Ended 29 / 92    https://www.mawazin.net/Details.aspx?jimare=190150

Taif Sami Denies The Existence Of Discussions To Reduce The Price Of The Dollar

Political | 04:30 - 14/04/2022   Baghdad - Mawazine News, today, Thursday, Undersecretary of the Ministry of Finance, Taif Sami, denied the existence of discussions to restore the exchange rate.

Sami said in a statement that "there is no truth to the news circulating on social media and attributed to the Undersecretary of the Ministry of Finance about the existence of ongoing discussions to re-reduce the price of the dollar to 120 thousand dinars within the 2022 budget."

She added, "The Undersecretary of the Ministry of Finance does not have any page on social media, calling for accuracy and not believing what is published."    https://www.mawazin.net/Details.aspx?jimare=190187

Al-Rafidain: Savings, Current And Deposit Accounts Amounted To 5,834 Accounts

Economie| 09:21 - 14/04/2022    Baghdad - Mawazine News   Today, Thursday, Al-Rafidain Bank announced that the number of accounts opened for citizens and other categories in its branches in Baghdad and the governorates during last March reached 5834 savings and current accounts in Iraqi dinars and dollars, and deposit accounts.

In a statement received by Mawazine News, the bank’s media office stated, “The number of current accounts that were opened for citizens and other categories last March reached 569 current accounts in dinars and dollars, while savings accounts opened for citizens amounted to 4727 accounts in dinars and dollars, in addition to the number of deposit accounts amounted to 538 deposits. "

He added, "The bank continues to provide its services by opening accounts for citizens wishing to deposit their money in the bank and to obtain interest according to the terms and controls established, and the bank's customers can visit its branches in Baghdad and the provinces to see them." Ended 29 / 92 https://www.mawazin.net/Details.aspx?jimare=190141

The Iraqi Stock Exchange is trading 36 billion shares by the end of the week

Market  Economy News – Baghdad   The Iraqi Stock Exchange announced, on Thursday, the trading indicators during the second week of April 2022.

The market stated in a statement that it organized during the second week of April 2022 five trading sessions from Sunday 04/10/2022 to Thursday 04/14/2022.

The number of shares traded this week was more than (36) billion shares, while the shares traded this week amounted to more than (40) billion dinars.

The trading index closed in the market for the first session of the week at (595.39) points, while the index closed at (601.62) points at the end of the week, achieving an increase of (1.04%) from its closing in the first session.

The statement indicated that more than (3,100) sales and purchase contracts were executed on the shares of companies listed in the market during the week.

Views 34 Date Added 04/14/2022   https://economy-news.net/content.php?id=27604

Al-Zamili: We Seek To Introduce German Companies To The Iraqi Market

The First Deputy Speaker of Parliament, Hakim Al-Zamili, confirmed Iraq's aspiration to reactivate its agreement with the German company Siemens to resolve the electricity crisis.

The media office of the First Deputy Speaker of the House of Representatives said in a statement, "Al-Zamili discussed, in his office, with the German ambassador to Iraq Martin Jaeger and his accompanying delegation, ways of joint cooperation and enhancing investment opportunities to achieve common interests."

Al-Zamili pointed out, according to the statement, "the importance of working to consolidate bilateral relations between the two friendly countries, by introducing the largest possible number of German companies that enjoy a good and solid reputation in the Iraqi market," noting that "Iraq has promising opportunities during the current period in various economic sectors." These include industry, agriculture, electricity and the private sector.

He added, "The state today is determined to take advantage of the rise in oil prices globally to move towards revitalizing the investment map and developing the industrial and agricultural side."

Al-Zamili added that "this opens the door wide for German companies to enter forcefully to work within these frameworks, expressing Iraq's aspiration to reactivate the agreement with Siemens to resolve the electricity crisis, as well as intensify coordination to conclude new and effective agreements between the two sides." https://www.radionawa.com/all-detail.aspx?jimare=29007

The Central Bank Of Iraq: There Is No So Called (Libyan Dollar Currency)

 April 13, 2022    The Iraqi Central Bank, on Wednesday, reaffirms the lack of so-called (Libyan dollar currency). And that what is trading in the social means of communication is not exceeding being monuments and fraud using fake currencies.

The Bank maintains its right to take legal action against both of these counterfeit papers or promoted, and in coordination with the competent organs.

   The actions taken by the Central Bank of Iraq in this regard are intended to ensure the integrity of the financial and banking sector in Iraq and protect the rights of citizens from fraud and fraud.

   The Central Bank of Iraq had warned on 2020/7/26, from scams and an impact on the weakness of souls in this area.     Central Bank of Iraq   information Office   13 - Nissan – 2022   https://cbi.iq/news/view/1985

 

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