Iraqi News Tuesday AM 8-31-21
Iraqi News Tuesday AM 8-31-21
TLM724 Administrator BondLady’s Corner
Positive international echoes towards the Baghdad Conference for Cooperation and Partnership
Tuesday 31 August 2021 148 Baghdad: Hussein Thaghb - Shukran Al-Fatlawi Positive echoes left by the Baghdad Conference for Cooperation and Partnership, can be employed to serve the national economy and move it to a new, more developed stage commensurate with Iraq’s capabilities. renewable.
The international interest that the Baghdad conference received stemmed from the most important economies of the world, and this is evidence that the next stage was not the same as the previous one. Rather, there will be a movement, coinciding with the desire to reform the country’s economic reality, and move the joints of work in cooperation with the competent international effort.
Improve The Performance
The economic affairs specialist Haider Kazem Al-Baghdadi said: “The positive echoes of the Baghdad conference can be described as important, as we find world leaders and specialized organizations expressed relief and congratulated the success of the conference. and capital.
He pointed out that {the Baghdad conference brought something new that serves the national economy, and all the participating countries that supported the organization of this summit have a real desire to consolidate their relations with Iraq, a country that is described within economic circles as “economically virgin”, due to the presence of many ingredients that can employ and serve all parties. the job}.
The Economic Activity
He pointed out that {most countries of the world realize that reviving economic activity in Iraq achieves three benefits at the same time, as it brings benefit to those who work and invest in the country and Iraq, as well as a benefit that is achieved for the global economy, due to Iraq's geographical location and the possibility of linking between different countries of the world and ease of communication. and shortening the time and effort between East and West}.
Reform Movement
A member of the Baghdad Economic Forum, Jassim Al-Aradi, stated that {the Baghdad conference reflected the extent of international interest in the Iraqi workspace, and coincided with an actual reform movement of what was stated in the white paper that included a real reform program}, pointing out that {Iraq is facing the challenge of proving existence for an important stage in its life. Here, all efforts must be combined to restore economic life to its correct tracks, in a manner that serves the country and achieves the welfare of the people and future generations.”
Development consultant Amer Al-Jawahiri said: {We call for countries with developed economies to adopt and initiate their previous and new pledges to invest and move to start implementing projects bearing their name in Iraq, which attracted this aspiration. Then the generations will talk about the Saudi, Emirati, French and other projects.
"Economic cooperation and agreements to implement major projects and inter-investments constitute the solid basis for achieving peace, respect for the territorial integrity of each country, and prosperity in the region," he said.
Productive Investment
As for the researcher in economic affairs, Aqil Al-Muhammadawi, he stressed that {the Baghdad conference is a historic opportunity to advance the reality of productive investment in cooperation with neighboring countries and friendly countries that own important technologies in this important economic junction, especially since the internationally mobile investment market has become more complex and competitive, as the demand is still Investing is as strong as ever, supply is shrinking and market conditions are much tighter than before.”
And he explained {the importance of benefiting from the experiences of countries that have special economic portfolios or large development programs for special economic zones, and that policy makers and practitioners, especially in ministries of industry, trade and investment, in the structures responsible for special economic zones, and the authorities for encouraging exports and investment, to change the situation. In low performance areas. And making sure that new areas meet expectations}. LINK
Al-Kazemi: We Want To Secure The Future Of Iraq, Away From Dependence On An Unsustainable Economy
Tuesday 31 August 2021 15:35 | political Number of readings: 176 Baghdad / NINA / - Prime Minister Mustafa Al-Kazemi said: "We want to secure Iraq's future away from dependence on an unsustainable economy, as oil wealth will not be dominant throughout life, and many countries have begun to search for alternative and clean energies."
Al-Kazemi added in an interview during the cabinet session: “We inherited the oil wealth from our fathers, and we are supposed to develop this great legacy, not just drain it, and deprive future generations of its bounties. ./ Ended 7 https://ninanews.com/Website/News/Details?key=924717
Dollar Exchange Rates In Local Markets Today
Market Economy News _ Baghdad The exchange rates of the dollar against the Iraqi dinar, today, Tuesday, maintained their stability in the local markets.
Where the selling prices of the dollar recorded 147,500 dinars per 100 dollars, while the purchase prices of the dollar recorded 147.000 dinars per 100 dollars.
And the Central Bank of Iraq decided earlier to adjust the exchange rate of the dollar against the Iraqi dinar, as the purchase price of the dollar from the Ministry of Finance amounted to 1450 dinars, and the price of selling it to banks was set at 1460 dinars per dollar, while the selling price to the citizen is 1470 dinars per dollar.
Views 88 Date Added 08/31/2021 https://economy-news.net/content.php?id=26148
The Central Bank Reveals A Project That Provided Work For Women
Economie| 03:51 - 31/08/2021 Baghdad - Mawazine News The Central Bank announced, on Tuesday, the success of the housing initiative, which absorbed the housing problem, while noting that the (Iraq Marshall Project) provided job opportunities for women and restarted factories.
Deputy Governor Ihsan Shamran Al-Yasiri told the official news agency, "The bank launched two initiatives related to housing, the first with 5 trillion dinars and the other with one trillion dinars, bringing the total to 6 trillion dinars," noting that "the first initiative is through the real estate bank to buy housing units in or outside the complexes, in addition to The second initiative in the Housing Fund to finance the construction of housing units by the public, which witnessed a wide demand for it.
He added that "the housing initiative is considered one of the most successful initiatives because it has absorbed the housing problem," noting that "the housing initiative, which extends to 20 years without benefits, except for a simple commission."
He continued, "We launched one trillion for private banks to meet the various demands of the public, including housing, in addition to initiatives for the agricultural and industrial sectors," explaining that "since 2015 until now, this initiative has enhanced liquidity and given opportunities to the public to compensate for government jobs through financing, investments and employment."
Al-Yasiri affirmed that "the Iraq Marshall Project gave hope for the employment and empowerment of women and the re-run of the factories," noting that "the project is large and is still ongoing."
And about the reserves of the Central Bank, the Deputy Governor of the Central Bank stated that "the Central Bank's reserves of hard currency have so far reached 60 billion dollars." Ended 29/R77
https://www.mawazin.net/Details.aspx?jimare=165752
To read more current and reliable Iraqi news please visit BondLady’s Corner: