More Iraqi News Thursday Afternoon 2-3-22
More Iraqi News Thursday Afternoon 2-3-22
TLM724 Administrator BondLady’s Corner
The Central Bank Denies The Existence Of Any Change In The Exchange Rate Of The Dollar
Economie| 08:52 - 03/02/2022 Baghdad - Mawazine News, Deputy Governor of the Central Bank of Iraq, Ammar Hamad Khalaf, confirmed that there is no change in the dollar exchange rate, indicating that monetary policy is exclusively within his competence.
Khalaf said in a statement to the official newspaper, today, Thursday, that "the rise in oil prices led to an increase in foreign reserves, and a significant growth of foreign currency was recorded last year 2021, and this year is unprecedented compared to previous years."
He pointed out that "the growth was achieved thanks to the bank's various investments and its management in accordance with the monetary policy based on the best international practices away from risks," revealing that "there is close to starting to grant very soft loans to all citizens in order to provide decent housing for all." Ended 29/A4 https://www.mawazin.net/Details.aspx?jimare=183513
The Stability Of The Dollar Exchange Rates In The Local Markets
Economie| 09:58 - 03/02/2022 Baghdad - Mawazine News The dollar exchange rates have witnessed stability in the local markets for several days. And the selling prices of the dollar recorded today, Thursday, 148,000 dinars per 100 dollars, while the purchase prices of the dollar recorded 147.750 dinars per 100 dollars. Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=183519
A Slight Decline In The Central Bank's Sales Of Hard Currency
Economie| 02:03 - 03/02/2022 Baghdad - Mawazine News: The Central Bank of hard currency sales recorded, today, Thursday, a slight decline, despite exceeding two hundred million dollars.
And the Central Bank auction for the sale and purchase of foreign currencies witnessed a decrease in its dollar sales by 1.44% to reach 205 million and 787 thousand and 243 dollars, covered by the bank at a base exchange rate of 1460 dinars per dollar.
Most of the bank's sales went to enhance balances abroad in the form of remittances, amounting to 176 million and 627 thousand and 243 dollars, while the remaining amount of 29 million and 160 thousand dollars went to sale in cash.
This has 28 banks to meet requests to enhance balances abroad, and 8 banks to meet cash requests, in addition to 88 brokerage companies. https://www.mawazin.net/Details.aspx?jimare=183544
Taxes Expect To Get Revenues Of 7 Trillion Dinars This Year
The headquarters of the Tax Authority in Baghdad Money and business Economy News – Baghdad The Assistant Director-General of the General Tax Authority, Dia Al-Rubaie, expected that they would receive tax revenues of 7 trillion dinars during the current year.
Al-Rubaie said, "We expect our tax revenues to be 7 trillion dinars this year."
He added that our revenues last year amounted to 3.5 trillion dinars, indicating that we have a study working to exempt the poor and simple professions from taxes.
Views 132 Date Added 02/03/2022 https://economy-news.net/content.php?id=27169
Oil: We Succeeded In Achieving More Than $75 Billion During 2021
Energy Economy News – Baghdad The Undersecretary of the Ministry of Oil for Extraction Affairs confirmed the ministry’s success in achieving an increase in financial revenues for the year 2021, after it witnessed an increase in the total financial revenues derived from oil exports to (75,650) billion dollars, a noticeable increase over the expectations of last year’s budget .
The Undersecretary for Extraction Affairs, Karim Hattab, said that the achievement of financial revenues in excess of the expectations of the 2021 budget, despite the economic and health challenges represented by Covid 19 and beyond, has contributed greatly to covering a good percentage of the financial deficit of the government's budget for the mentioned year .
Hattab pointed to the importance of the commitment of the producing countries in (OPEC +) to the stability of oil markets, and to overcoming the crises that afflicted the economies of the countries of the world after the spread of the Corona pandemic, expressing his hope to continue achieving the required balance between supply and demand over the coming period, after the increase that will be supplemented To global markets by (OPEC +) with a quantity of (400) thousand barrels per day, starting from next March, and the rise of Iraq’s share to (4.370) million barrels per day, which is an important step to achieve additional financial revenues, stressing the importance of the stability of global markets, and Iraq’s keenness to adhere to With the (OPEC +) agreement, along with the producing countries, for more stability in the oil markets.
Views 121 Date Added 02/03/2022 https://economy-news.net/content.php?id=27175
Iraq Announces That Its Oil Exports Will Rise To More Than 4 Million Barrels Per Day Next March
Economie| 03:19 - 03/02/2022 Baghdad - Mawazine News: The Ministry of Oil announced, on Thursday, that its oil production will rise to more than 4 million barrels per day in next March.
The Undersecretary for Extraction Affairs, Karim Hattab, said in a statement, "The ministry succeeded in achieving an increase in financial revenues for the year 2021, after witnessing an increase in the total financial revenues derived from oil exports to (75,650) billion dollars, a marked increase from the expectations of last year's budget."
He added, "The increase in revenues came despite the economic and health challenges represented by Covid 19 and beyond, which contributed greatly to covering a good percentage of the financial deficit of the government's budget for the mentioned year," noting "the importance of the commitment of the producing countries in (OPEC +) in the stability of oil markets, And bypassing the crises that afflicted the economies of the countries of the world after the spread of the Corona pandemic.
He expressed his hope that "the required balance between supply and demand will continue to be achieved over the coming period, after the increase that will be supplied to global markets by (OPEC +) in the amount of (400) thousand barrels per day, starting from next March, and the increase in Iraq's share to (4.370) million." Barrels per day", referring to it as "the important step to achieve additional financial revenues."
He stressed "the importance of stabilizing global markets, and Iraq's keenness to adhere to the (OPEC +) agreement along with the producing countries for more stability in the oil markets." Ended 29 / h
https://www.mawazin.net/Details.aspx?jimare=183552
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