More Iraqi News Thursday PM 11-5-20
More Iraqi News Thursday PM 11-5-20
TLM724 Administrator BondLady’s Corner
Al-Fatlawi: We Set Aside More Than One Billion Dollars For The Chinese Agreement, And It Surprised Us With The Government's Decisions
09:55 - 11/05/2020 Information / private The representative of the Sadikoun Parliamentary Bloc, Fadel Al-Fatlawi, stated that Iraq allocated more than one billion dollars to China in order to implement the agreement concluded by the government of Abdul Mahdi, pointing out that everyone was surprised by the government's steps towards this agreement and going towards Egypt.
Al-Fatlawi said to "the information", "The Chinese agreement has entered into force and oil revenues have been allocated to more than one billion dollars, but it is surprising that the current government has stopped this agreement despite the funds that reached China from it."
He added, "The government did not do the right thing when it canceled the Chinese agreement and headed to Egypt to conclude an agreement with it, although there is a desire to cooperate with everyone, but not at the expense of canceling a very useful agreement such as the Iraq- China agreement ."
He indicated that "the Chinese agreement was a real opportunity for reconstruction and development of production in various sectors and providing job opportunities," noting that "internal and external pressures caused the cancellation of the Chinese agreement, and therefore the parliament will have a position in order to reconsider the issue to revive the Chinese agreement as it represents the only hope." To remove partisan hegemony over state projects. https://www.almaalomah.com/2020/11/05/503534/
Al-Kazemi: The Current Economic Crisis Is Prompting Us To Think Of A Future That Does Not Depend On Oil
Money and business Economy News _ Baghdad The Prime Minister, Mustafa Al-Kazemi, inaugurated this morning, Thursday, a gas tower, which is the largest in the gas industry, which was implemented in the Basra Gas Company.
Al-Kazemi said during the inauguration of the tower, "The project will bring about a new policy for long-term development for Iraq and for Basra Governorate, which deserves a lot from us."
He explained that the partnership between Iraqi institutions and sober international companies is an ideal way to advance the Iraqi economy and provide job opportunities for young people serving the country.
Al-Kazemi indicated that the economic crisis that the country is going through prompts us to think about the future and build a solid, real economy that does not depend entirely on oil, in order to achieve a better life for all Iraqis.
Al-Kazemi arrived in Basra Governorate this morning, and he will meet with a number of officials in the province and inspect a number of vital sites there. Number of observations 156 Date of addendum 11/05/2020 https://economy-news.net/content.php?id=22558
TLM724: Thinking about it, really ??? If they had listened to Shabibi all those years ago they would have been well past depending on oil, just sayin...
The Ministry of Finance announces the launch of the salaries of retirees for the month of November
Money and business Economy News _ Baghdad On Thursday, the Ministry of Finance announced the release of the salaries of retirees for the month of November.
The official news agency, in a news that followed up with Al-Iktissad News, reported that the Ministry of Finance had directed the release of the salaries of retirees for the month of November.
Number of observations 115 Date added 11/05/2020 https://economy-news.net/content.php?id=22561
The High Exchange Rates Of The Dollar In The Local Markets
Market Economy News _ Baghdad The exchange rates of the dollar rose in the main stock market and local markets Thursday (November 5, 2020), and the Kifah Stock Exchange recorded 125.100 dinars against 100 US dollars, while the dollar exchange rate recorded today, Wednesday, 124.800 dinars per 100 dollars.
As for the exchange rate in the local market, it was: -
Sale price: 125,500 dinars per 100 dollars. Purchase price: 124,500 dinars per $ 100.
The exchange rates in Basra Governorate were recorded at 125,200 dinars per $ 100.
While the exchange rates in Erbil governorate recorded 125,400 dinars per 100 dollars.
Number of observations 57, date of addendum 11/05/2020
https://economy-news.net/content.php?id=22555
Saleh Confirms Iraq's Openness Towards Economic Cooperation And Coordination To Ease Regional Tensions
Time: 11/05/2020 14:06:55 Read: 1,573 times {Euphrates News: Baghdad} The President of the Republic, Barham Salih, affirmed today, Thursday, that Iraq is looking forward to strengthening its political, economic and commercial relations, and international and regional coordination in order to reduce tensions, establish peace in the region and continue the war against terrorist groups that seek to destabilize.
This came during his receipt of the credentials of the ambassadors of the Sultanate of Oman, Hamid bin Aqil, and Japan, Kotaro Suzuki, separately, at the Peace Palace in Baghdad, where Saleh pointed out, "the importance of developing economic relations and trade exchange, pointing out that the country is looking towards construction and reconstruction, by strengthening Investment opportunities in various fields, and the exchange of scientific and cultural experiences. "
For their part, the two ambassadors offered their thanks and appreciation to the President of the Republic, expressing the aspirations of their countries to develop relations with Iraq in all fields in order to enhance common bonds. LINK
Classification: Iraqi The President Of The Republic Ratifies The Election Law
Thursday, 5 November 2020 2:51 PM Baghdad / National News Center - The President of the Republic, Barham Salih, approved today, Thursday, the new election law, in preparation for holding it in June of next year. https://nnciraq.com/44083/
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