Dinar Recaps

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More Iraqi News Friday PM 9-25-20

More Iraqi News Friday PM 9-25-20

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In The Document ... Integrity Asks For Information From The Electricity Authority On Six Officials, Including A Former Minister

Time: 09/25/2020 13:35:10 Read: 1,768 times  {Baghdad: Al Furat News} The Integrity Commission requested information from the Ministry of Electricity for a number of officials in the ministry, as well as a former Minister of Electricity.

A book of integrity, which Al-Furat News Agency obtained a copy of, indicated that "the Al-Karkh Investigation Court, which is competent to consider integrity issues in the governorate of Baghdad, decided on 10/9/2020 to provide the commission with the documents of the officials, with a statement of their employment position and as quickly as possible."

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The names:

- Qasim Al-Fahdawi, former Minister of Electricity.

Walid Khaled Hassan, former general manager of the General Company for Inspection and Rehabilitation of Electrical Systems.

Ali Adaghar Hassan, General Director of the General Company for the Production of Electric Power / Middle Euphrates.

Ali Mahmoud Samawy, director of the legal department at the State Company for Electric Power Production.

- Safaa Jaber Muhammad, Director of the Financial Department at the State Company for Electric Power Production.

- Yasir Hamed, owner of the Appropriations Division in the General Company for Electric Power Production. LINK

Presidential source: Pompeo told Saleh to close the US embassy unless its bombing stopped

Time: 09/25/2020 09:14:16 Read: 5,122 times   {International: Al-Furat News} A source in the office of the President of the Republic said that US Secretary of State Mike Pompeo told President Barham Salih that Washington would close its embassy in Baghdad unless it stopped targeting with missiles.

The source said in a press statement, "Pompeo informed Saleh in a phone call two days ago that his country intends to close its embassy in Baghdad within a short period, in case the embassy is not repeatedly targeted by missile attacks."

The source added, "Pompeo confirmed to Saleh that the decision to close the embassy is up to President Donald Trump, who does not want to enter the elections at a time when his country's embassy is under constant bombardment and threat."

On the other hand, the source said, "The United States decided to reduce the period for exempting Iraq from preventing the import of electricity from Iran, as a result of the sanctions that Washington applies to Tehran, from 120 days to 60 days only."

Over the past weeks, attacks have escalated against the US embassy in Baghdad, US forces, and the forces and interests of other countries in the international coalition.  LINK

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The Dollar Is Stable Against The Dinar In The Local Stock Market

Friday 25, September 2020 10:27 | EconomicalViews: 201  Baghdad / NINA / The Iraqi Political Economic Center announced today, Friday, the stability of the exchange rate of the dollar against the dinar on the local stock exchange.

The Central Al-Kifah Stock Exchange in Baghdad recorded the selling price of 123500 dinars against 100 dollars and the purchase price of the dollar: 122,500 against 100 dollars.

The provincial exchange recorded the selling price of 123500 dinars against 100 dollars, and the purchase price of the dollar: 122,500 against 100 dollars, while the exchange rate of the dollar on the Kifah Stock Exchange recorded the same price yesterday, Thursday.    https://ninanews.com/Website/News/Details?key=858753

Parliamentary Finance: The Government Reform Paper Will Draw A New Financial Map

Editing date: 9/25/2020 11:26 • 66 times read   Where News _ Baghdad  The Parliamentary Finance Committee confirmed, on Friday, that the government reform paper will draw a new financial map for the next year, while stressing the need to achieve internal or external borrowing, and to accelerate the approval of the 2020 budget to ensure employees' salaries.

A member of the committee, Sadiq Madloul, told Where News, "Approving the budget for the year 2020 as quickly as possible will fulfill many demands, including the salaries of employees, new appointees, free lecturers, covered by Resolution 315, transferred from one ministry to another, first to colleges, and investment projects." .

He explained that "the government reform paper has a significant impact on the 2021 budget, because it has not been achieved in the 2020 budget, and that the Minister of Finance requested time from the Finance Committee to prepare it," indicating that "the reform paper needs deliberation, study, planning and consultation, in order to deliver a real paper on which it depends." All state financial institutions, as well as achieving future goals and drawing a new financial map in the year 2021. "

The Minister of Finance, Ali Abdul Amir Allawi, had announced the presentation of the first reform paper at the end of this month, and Allawi said, "The economic reform program needs a long time because the economic situation in Iraq is going through embarrassment due to the repercussions of previous cumulative economic policies that the Iraqi state passed since the 1950s

The past and so far, especially the legislation of the Agrarian Reform Law and the decisions of the socialist package, in addition to the loss of the economic vision that weakened the private sector and made all resources in the hands of governments.   http://www.alliraqnews.com/modules/news/article.php?storyid=100950

  

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