More Iraqi News Saturday PM 8-22-20
More Iraqi News Saturday PM 8-22-20
TLM724 Administrator BondLady’s Corner
The high exchange rate of the dollar in the local markets
Market Economy News _ Baghdad The exchange rate of the dollar rose in the Iraqi market today, Saturday (August 22, 2020). The Kifah Stock Exchange recorded 123,000 dinars against 100 US dollars, while the price of the Kifah Stock Exchange on Thursday was 122,900 dinars.
Selling prices in the exchange shops in the local markets in Baghdad:
The sale price is 123,500 dinars per $ 100. Purchase price: 122,500 dinars per $ 100.
Number of observations 179 Date added 08/22/2020 https://economy-news.net/content.php?id=21547
Stability Of The Dollar Exchange Rate In The Local Market
Time: 08/22/2020 10:24:20 Read: 4,524 times {Baghdad: Al Furat News} The exchange rates of the dollar stabilized in the local market today, Saturday, in Baghdad and a number of provinces.
Where the Kiffa Stock Exchange recorded 122,900 dollars per hundred dollars.
While the exchange rates of the dollar in local banking came:
122.500 to buy
123.500 for sale
The following are the dollar exchange rates in a number of governorates:
Maysan 123.150 Nasiriyah 123.100 Basra 123.100 Kirkuk 123.150 Diyala 123,000
Sulaymaniyah 123.200 Mosul 123.300 Anbar 123,100 Najaf 123,000 LINK
This Is The Total Customs Revenue Realized Yesterday
Time: 08/22/2020 16:38:18 Read: 2,197 times (Baghdad: Al Furat News) The General Authority for Customs announced, today, Saturday, the total revenues achieved on Friday in its customs centers.
And it stated in a statement, "The total revenues amounted to 2,308,995,000 two billion three hundred and eight million nine hundred and ninety five thousand dinars."
And she added: "Despite zero customs duties on many goods and a lack of imports due to the closure of some border posts due to the Corona pandemic." LINK
Al-Kazemi, Sisi And Abdullah II Are Meeting This Week To Discuss Common Economic Issues
Flags of the countries of Iraq, Egypt and Jordan
Money and business Economy News – Baghdad This week, a tripartite summit will be held in Jordan, bringing together Prime Minister Mustafa Al-Kazemi, Jordanian King Abdullah Al-Qani and Egyptian President Abdel Fattah El-Sisi to discuss common economic issues between the three countries.
This is the third summit among the three countries that have believed since the year 2019 to focus on supplying Jordan and Egypt with Iraqi oil at reasonable prices.
The official Jordan News Agency, Petra, said that the Jordanian capital, Amman, is hosting this week a tripartite summit that brings together Jordanian King Abdullah II, Egyptian President Abdel Fattah Al-Sisi and Iraqi Prime Minister Mustafa Al-Kazemi.
She emphasized that the summit, which is being held for the third time, focuses on strengthening economic, commercial and investment cooperation between Jordan, Egypt and Iraq, in addition to discussing regional issues .
The Jordanian agency added that the first tripartite summit was held in Cairo in March of 2019, followed by a tripartite summit held in New York, USA, in September of last year .
Prime Minister Mustafa Al-Kazemi commented about his visit to Amman, saying, "I am returning to Iraq from Washington, and then I am visiting Jordan in the middle of this week."
He added that "we will discuss the development of bilateral relations between Iraq and Jordan," indicating, "We will also discuss at the tripartite summit the application of tripartite relations related to the economic field and developments in the region."
He stressed that the countries of Iraq, Jordan and Egypt will have an important role in the region’s developments.
On the other hand, Iraqi Foreign Ministry spokesman Ahmed Al-Sahhaf said, "The tripartite summit comes within the framework of our openness to the Arab depth."
The Jordanian Ministry of Energy said last July 2 that Iraq had suspended daily supplies of crude oil transported by land on trucks to Jordan until further notice due to the decline in oil prices.
Iraq sells its oil to Jordan for less than 16 dollars of Brent crude, according to the agreement signed between the two countries, and upon the collapse of oil prices during the current year, Iraq sold its oil at less than its cost price.
Number of observations 118 Date added 08/22/2020 https://economy-news.net/content.php?id=21551
Parliamentary Finance To / Nina /: The Government Did Not Cooperate With Us, And We Will Host The Minister Of Finance To Investigate The Fate Of The General Budget
Saturday 22, August 2020 17:03 | PoliticalViews: 155 Baghdad / NINA / The Parliamentary Finance Committee criticized the failure of the current Minister of Finance and Ministry officials to attend the electronic hosting to investigate the fate of the general budget law, pledging to request hosting them again to determine the financial situation in the country and the size of spending and expected revenues.
The committee's rapporteur, Ahmad al-Saffar, said in a statement to the Iraqi National News Agency ( NINA ), "The House of Representatives voted on the form of a binding resolution for the government to complete the 2020 draft budget until June 30, but the government did not respond positively or negatively."
He added, "The current Minister of Finance asked Parliament at the time to approve external and internal borrowing, and he informed us that the government does not have the ability to pay salaries, and therefore the House of Representatives agreed and obliged to borrow abroad, which we stopped previously since the 2019 budget due to the danger of the increase in foreign debt on Iraq, and we stipulated the government To submit a reform paper within 60 days, including reforms aimed at rationalizing spending and maximizing revenues, so as not to resort to borrowing again. "
He explained, "We have now passed more than 50 days and do not know anything about the country's financial situation, and the government has not cooperated with us, and even the Ministry of Finance does not respond to the correspondence and communications made by the Parliamentary Committee, and when we want to host any financial official through the Zoom program platform, no one is attending from them,"
indicating that "the committee The Ministry of Finance requested that all the government's financial dispositions be placed within a legal framework, which is the General Budget Law that has not yet been sent.
He continued by saying that "the budget of the resigned government of Adel Abdul Mahdi has ended, and the government of Al-Kazemi has not submitted any budget so far except for the borrowing request that we have agreed to, and we do not know the outcome of the money disbursement."
https://ninanews.com/Website/News/Details?Key=851462
Parliamentary Integrity Reveals To / NINA /: Referring 18 New Corruption Files To The Public Prosecution And The Integrity Commission Concerning Four Ministries
Saturday 22, August 2020 15:50 | PoliticalViews: 305 Baghdad / NINA / The Parliamentary Integrity Committee revealed that about 18 new corruption files had been transferred, pending the necessary legal measures to be taken in their regard. "We have corruption files related to the ministries of industry, oil, tourism and antiquities, which have recently been referred to the Integrity Commission and to the Public Prosecution, but until now they have not been decided upon and we have not received an official response to them,"
said committee member MP Jawad Al-Saadi, in a statement to the Iraqi National News Agency ( NINA ). He pointed out that the number of these files is about 15 files, in addition to 3 other files belonging to the Ministry of Transport.
He added, "The Parliamentary Committee is in charge of corruption files since previous sessions, most of which were adopted by MPs, and other files were adopted by the committee in general, as sub-committees of the committee members were assigned to follow them up, including files related to the Ministry of Oil for licensing rounds and ratification of bills and contracts of the Oil Projects Company", indicating that "there are Files adopted by the deputies during the current session concern the ministries of transport, electricity, defense, border crossings and the renewal of mobile phone licenses.
He explained that "the volume of files with the parliamentary committee, including the accumulated ones during previous sessions, does not match the capabilities of the committee now, because corruption is still continuing and we cannot open old files with new files," calling for the Integrity Committee to be a special department of Parliament departments that includes staff and legal expertise And an administrative department specialized in the work of all ministries, in order to be able to perform its oversight work. / https://ninanews.com/Website/News/Details?Key=851456
Economist For / NINA /: Iraq’s Assistance To Arab Countries Must Be More Transparent
Saturday 22, August 2020 09:05 | EconomicalViews: 157 Baghdad / NINA / Economist Raad Twaij affirmed that the Ministry of Oil’s data on Iraq's assistance to Arab countries such as Lebanon and Jordan should be more transparent.
Twig said in a statement to the Iraqi National News Agency ( NINA ): In order to record Iraq's stances towards the rest of the Arab countries such as Lebanon and Jordan, the Oil Ministry must clarify these aid in a (monetary) form and not (in kind) to make it clear to the people of the region the economic role of Iraq in supporting countries.
He continued, "In order to give Iraq the real weight in helping countries economically in shaping the future of the Middle East region, the aid must be mentioned in numbers." /
https://ninanews.com/Website/News/Details?key=851380
Representative Economy: Al-Kazemi Failed To Manage The Economic File In Iraq
13:42 - 22/08/2020 The information / Baghdad ..Member of the Parliamentary Economic and Investment Committee, Ali Al-Lami, confirmed, Saturday, that Prime Minister Mustafa Al-Kazemi “failed” in managing the economic file in Iraq.
Al-Lami said in a statement to "the information", that "Al-Kazemi, since he assumed his position more than 3 months ago, did not make any important decisions on the economic side, and there was a failure in managing this vital file and its Facebook steps."
Al-Lami added, "He did not see any work on the ground in terms of implementation and reform or achieving something new," stressing that "the economic file is extremely important in Iraq and there must be greater interest in it."
And Iraq 's economy suffers from great challenges, especially with the collapse of oil prices and the government having to borrow to pay the salaries of employees. End / 25
https://www.almaalomah.com/2020/08/22/491152/
MP Darraji Reveals 11 Trillion Dinars Of Corruption
The Baghdad Post Saturday, August 22, 2020 01:31 PM
Deputy Muhammad Sahib Al-Darraji revealed 11 trillion dinars of corruption .
Al- Darraji said in a tweet on "Twitter", that "on Wednesday, customs announced that its imports were two billion dinars, or about one million and 600 thousand dollars, and on the same day the Central Bank sold 226 million dollars, on the basis that it was converted to import."
He added that "if we take 5% as a minimum for customs, then the least thing should be 11.3 million dollars, or about 13 trillion dinars," indicating that "there is a difference of 11 trillion dinars." Al-Darraji asked, "Where did these sums go? Suspect LINK
Tobyboy Member: You ask where did the sums go ? I can tell you where, in the pockets of your politicians and probably in the pocket of your crooked CBI governor to allow this transaction as well as several years he letting this to go on with other crooked politicians with their political leaders at parliament.
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