More Iraqi News Thursday PM 1-14-21
More Iraqi News Thursday PM 1-14-21
TLM724 Administrator BondLady’s Corner
International Development Bank: The White Paper On Restructuring The Banking And Financial System
Banks Economy News – Baghdad The advisor to the Chairman of the Board of Directors of the International Development Bank in Iraq, Hani Idris, said that the reform program approved by Iraq late last year under the name "White Paper", which aims to redefine the state, develop the public financial system, restructure the banking and financial system, address low productivity and protect groups Fragile.
On the other hand, the Association of Information Technology and Communications "production" discussed, during its monthly meeting, growth opportunities for sector companies in the Iraqi market .
The association stated in a statement yesterday that the executive director of the "production" association, Engineer Nidal Al-Bitar, said that the meeting discussed the importance of the Iraqi market for Jordanian information technology companies .
In turn, the CEO of the "Delta Computers" company, Marwan Hamdan, reviewed his experience in the Iraqi market, stressing that the most sought-after projects in Iraq are "financial technology", referring to the most prominent challenges facing investment in Iraq, represented by government instability and the lack of an active private sector . Number of observations 60 Date of addendum 01/14/2021 https://economy-news.net/content.php?id=23603
Low Dollar In Iraq Today
Time: 01/14/2021 10:18:02 Read: 12,259 times {Baghdad: Al Furat News} The dollar exchange rate decreased in Iraq today, Thursday. The exchange rate on the Al-Kifah and Al-Harithiya stock exchanges in Baghdad was 1437 dinars, or 143,700 dinars. Yesterday's price in Baghdad was 1439 dinars. In Erbil governorate, the dollar exchange rate decreased to 1436 dinars, and in Basra governorate it reached 1435.5 dinars. LINK
A Jump In Central Bank Sales Of Dollars
Time: 01/14/2021 14:41:21 Read: 2,795 times {Baghdad: Al Furat News} The Central Bank of Iraq’s dollar sales increased today, Thursday. According to the bank's daily bulletin on the currency auction on Thursday, the total sale for purposes of strengthening funds abroad {transfers, credits} 16 million and 200 thousand dollars, while cash sales reached 100 thousand dollars.
The total sales were 16 million and 300 thousand dollars. Yesterday, the Central Bank sold only 3 million and 250 thousand dollars. The central bank sells dollars for the sums transferred to bank accounts abroad at a price of {1460} dinars per dollar, and cash sales at {1460} dinars per dollar, in implementation of its recent decision to raise the exchange rate. LINK
Parliamentary Finance Discusses Reducing The Budget Of The Three Presidencies
Money and business Economy News – Baghdad A member of the Parliamentary Finance Committee, Majda Al-Tamimi, announced that it is now discussing the budget of the three presidencies in preparation for reducing it.
"The financial sub-committee formed for the purpose of discussing and reviewing the budgets of the three presidencies held its meetings in preparation for reducing them," Al-Tamimi said in a press statement, which was received by "Al-Eqtisad News" .
Al-Tamimi added that the committee requested the detailed budgets of the three presidencies to study their details and cancel unnecessary expenditures to reduce the deficit to the minimum possible .
Number of observations 89 Date added: 01/14/2021 https://economy-news.net/content.php?id=23619
Learn About The Stock Market Gain For The Current Week
Stock market Market Economy News – Baghdad The Stock Exchange announced that it will organize five trading sessions this week.
The Stock Exchange stated, in a statement received by "Al-Eqtisad News", that it had organized "during the second week of January 2021, five trading sessions from Sunday, 01/10/2021, to Thursday, 01/14/2021."
The bourse added that during the week, 9 billion shares were traded, worth 7 billion dinars.
The statement pointed out that during the week, more than 1900 sale and purchase contracts were executed on the shares of companies listed on the market.
Number of observations 74 Date of addendum 01/14/2021 https://economy-news.net/content.php?id=23616
The Speaker Of Parliament Receives The Minister Of Finance
Parliament Speaker Muhammad al-Halbousi (right) and Finance Minister Ali Allawi Money and business Economy News – Baghdad Parliament Speaker Muhammad al-Halbousi received, Thursday, Minister of Finance Ali Allawi.
Halbousi's media office said in a statement received by "Al-Eqtisad News", that the meeting discussed "the financial challenges facing the country at the current stage, and the draft federal budget law for the fiscal year 2021."
The two sides stressed "the importance of limiting the repercussions of the current financial situation on the economic situation in the country, and working on developing plans and procedures required to confront the current financial crisis, overcome its repercussions and protect citizens' rights."
Number of observations 33 Date of addendum 01/14/2021 https://economy-news.net/content.php?id=23609
International Monetary: Iraq Has Witnessed Economic Progress In Recent Years
11:55 - 01/14/2021 The information / Baghdad ..The International Monetary Fund announced, on Thursday, that Iraq has witnessed progress in recent years to make room for access to budget and fiscal information.
The Director of the Middle East and Central Asia Department at the International Monetary Fund, Jihad Azour, said in an article published by Al-Sharq Al-Awsat newspaper, which was reviewed by the information, that “Governance reforms and combating corruption are necessary to rebuild better after the crisis and to stimulate a strong and sustainable recovery.” .
He stressed “the importance of improving governance and reducing corruption in order to promote growth; As these factors lead to better economic results and sustainable macroeconomic stability by making the use of public resources and providing government services more effective, and also by enhancing investor confidence and competitiveness.
Azour noted that "effective government and tax institutions can enhance social cohesion, and ensure that the returns to growth will be better and more participatory distributed among all components of society."
He affirmed that “Saudi Arabia, Egypt and Iraq have made progress in recent years in providing more room for access to budget and fiscal information, while Tunisia provided a good example on how to involve citizens in the budget preparation process by enabling them to provide feedback on how to use the opinions of the public during the sessions. Legislative. End / 25 https://www.almaalomah.com/2021/01/14/515300/
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