Iraqi News Wednesday AM 12-22-21
Iraqi News Wednesday AM 12-22-21
TLM724 Administrator BondLady’s Corner
The Central Bank Announces The Completion Of The Last Remaining Batch Of Kuwait Compensation
Economie| 10:54 - 21/12/2021 Baghdad - Mawazine New The Central Bank of Iraq announced the completion of the last remaining installment of Kuwait's compensation, amounting to 44 million dollars.
The bank stated in a statement received by Mawazine News that "the payment of the last remaining installment of the State of Kuwait's compensation amounting to 44 million US dollars has been completed, and thus Iraq has completed the full payment of the compensation amounts approved by the United Nations Compensation Committee of the UN Security Council under Resolution (687). ) for the year 1991, with a total of (52.4) billion US dollars for the State of Kuwait.
He added, "It is hoped that ending the payment of compensation will contribute to removing Iraq from Chapter VII, as well as its impact on reintegrating the Iraqi banking system into the global banking system and benefiting from the financial abundance that will be achieved." Ended 29 / p.
https://www.mawazin.net/Details.aspx?jimare=179242
Iraq Announces The Final Closure Of The Kuwaiti Compensation Page
Money and business Economy News _ Baghdad The Central Bank of Iraq announced, on Wednesday, the completion of the last remaining installment of Kuwait's compensation, amounting to 44 million dollars.
The bank said in a statement received by "Al-Iqtisad News", that "the payment of the last remaining installment of the State of Kuwait's compensation amounting to $44 million has been completed."
He continued by saying, "With this, Iraq will have completed the full payment of the compensation amounts approved by the United Nations Compensation Committee of the UN Security Council under Resolution (687) for the year 1991, with a total of (52.4) billion US dollars for the State of Kuwait."
He added, "It is hoped that ending the payment of compensation will contribute to removing Iraq from Chapter VII, as well as its impact on reintegrating the Iraqi banking system into the global banking system and benefiting from the financial abundance that will be achieved."
In 1991, a UN Compensation Committee was formed, obligating Baghdad to pay $52.4 billion in compensation to individuals, companies, governmental organizations and others, who incurred losses resulting directly from the invasion and occupation of Kuwait.
Iraq had stopped making payments between 2015 and 2017 during the war on the terrorist "ISIS", which controlled a third of the country, but it resumed in 2018.
Iraq was paying the amount of compensation to a UN fund established under the name of the United Nations Compensation Fund, through a percentage of oil sales.
Views 466 Date Added 12/22/2021 https://economy-news.net/content.php?id=27003
Blackshart: The United Nations Will Continue Its Support For Iraq
Political | 06:02 - 22/12/2021 Blackshart: The United Nations will continue its support for Iraq
https://www.mawazin.net/Details.aspx?jimare=179305
Blackshart: The United Nations Will Continue Its Support For Iraq
Wednesday, December 22, 2021 6:11 PM Baghdad / National News Center Today, Wednesday, the head of the United Nations Assistance Mission for Iraq (UNAMI), Jenin Plasshart, congratulated Iraqis on the occasion of the New Year, while indicating that the United Nations will continue its support for Iraq for development and prosperity.
"As the year 2021 approaches its end, we extend our best wishes to the Iraqi people on the occasion of the New Year," Plasschaert said in a statement received by the National News Center.
She added, "The year 2021 was a very important year for Iraq, and although many challenges remain, it is important to acknowledge what has been achieved and appreciate the opportunities that the new year will offer."
And she added, "The United Nations has stood firmly by Iraq in the past and will continue to support the country's efforts for development and prosperity," expressing its hope to all Iraqis on a merry Christmas as well as peace, wellness and happiness in 2022. https://nnciraq.com/110755/
Planning: An Increase In The Annual Inflation Rate By (8.4%)
Wednesday 22 December 2021 12:41 | economic Number of readings: 371 Baghdad / NINA / - The Ministry of Planning announced today, Wednesday, an increase in annual inflation at a rate of (8.4%).
And the official spokesman for the ministry, Abdul-Zahra Al-Hindawi, said in a statement, "The Central Bureau of Statistics, in its new monitoring of the price movement in the Iraqi local markets, prepared its qualitative report on the consumer price index last November, which showed a rise in the monthly and annual inflation rate," noting. The rate of increase was (0.5%), compared to the previous month of October, while the annual inflation rate increased by (8.4%), compared to the same month last year 2020.
He added that "commodity totals, which had the most increase in monthly prices during the past month, were: the miscellaneous goods and services department, which recorded an increase of (7.3%), while the clothes and shoes department recorded an increase of (2%) due to the increase of the shoes group by (0.2%). ) and the clothing group by (2.5%), and the household supplies, equipment and maintenance department recorded an increase of (2.2%) due to the increase in the household appliances group by (1.2%) and the furniture and fixtures group by (0.9%).
He added that "the health department recorded an increase of (2.5%) and the restaurants and hotels department increased by (2.2%), while the transportation department recorded an increase of (2%)," noting that "the department of food and non-alcoholic beverages recorded an increase of (2.7%). ) due to the increase in the prices of meat groups by (2.4%), the vegetables group by (2%), the same percentage (2%), the oils and fats group increased by (0.4%), the sugar and sugar products group increased by (2.7%) and the bread and cereals group By (2%).”/ Finished 8 https://ninanews.com/Website/News/Details?key=946253
Dollar Exchange Rates In Local Markets Today
Market Economy News_Baghdad The exchange rates of the dollar fell, today, Wednesday, in the local markets.
The selling prices of the dollar were 148,000 dinars per 100 dollars, while the purchase prices of the dollar were 147,500 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, while 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 157, date added 12/22/2021 https://economy-news.net/content.php?id=27006
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