More Iraqi News Tuesday PM 11-10-20
More Iraqi News Tuesday PM 11-10-20
TLM724 Administrator BondLady’s Corner
Parliament sets tomorrow's session to vote on a bill to finance the fiscal deficit
Political Tuesday 10 November 2020 | 04:43 PM| Views: 59 The House of Representatives announced, Tuesday, November 10, 2020, that a session will be scheduled for tomorrow to vote on the fiscal deficit bill .
Parliament published the agenda of its session for tomorrow, with a document that included: "The vote on the fiscal deficit bill, and the vote on the Air Force College bill .
The document added that "Parliament will continue to discuss the draft law of the Council of Ministers and ministries." https://aynaliraqnews.com/index.php?aa=news&id22=140686
The Minister of Planning reveals that the Iraqi-Chinese agreement will enter into force within days
Money and business Economy News _ Baghdad Planning Minister Khaled Najm Al-Battal revealed, on Tuesday, that the Iraqi-Chinese agreement concluded by the previous government headed by Adel Abdul-Mahdi has entered into force during the next few days, while denying the existence of a similar agreement with Egypt.
"During the past three days, there was a discussion with the Chinese ambassador in Iraq regarding the agreement signed with China," Al-Battal said in an interview with the official Al-Iraqiya channel and followed by "Al-Eqtisad News".
The Minister of Planning added, "The Chinese agreement includes two parts, the first is the accounting agreement and the second is the oil agreement."
And on the existence of a similar agreement with Egypt, Al-Battal stressed, "There is no Egyptian agreement in this regard." Number of observations 226, date of addendum 10/11/2020
https://economy-news.net/content.php?id=22610
Al-Kazemi denies the existence of an alternative agreement with China and calls on Finance to speed up the submission of the 2021 budget
Time: 11/10/2020 14:53:36 Read: 3,887 times (Baghdad: Al Furat News) Prime Minister Mustafa Al-Kazemi denied the existence of an alternative agreement to the agreement with China.
He said during the cabinet session today that "the Iraqi-Saudi Coordination Council held continuous meetings during the past two days to reach a set of understandings regarding the sectors of industry, trade, agriculture, oil, education, culture and others."
He added, "There are campaigns that question any rapprochement between Iraq and any country, accompanied by rumors aimed at confusing the cards and disrupting any understanding that is in the interest of the country."
He stressed, "Iraq should be an attractive environment for investment and not repellent, because we really need investments, job opportunities and reconstruction."
Al-Kazemi called on "the Ministry of Finance and other ministries to expedite the presentation of the 2021 budget due to its importance in running the country's affairs." LINK
In numbers ... indicators for trading in the Iraq Stock Exchange on Tuesday
Economie 2:17 - 10/11/2020 Baghdad - Mawazine News publishes / Mawazine News /, in numbers, the trading indicators of the Iraq Stock Exchange, on Tuesday 10-11-2020. The number of listed companies: 105 The number of companies traded: 22
1. The number of traded shares reached (521,070,793) shares.
2. The value of shares (639,945,556) dinars.
3. The ISX60 price index closed in today's session at (480.61) points, up by (0.01%) than its previous session's close of (480.55) points.
4. Trading in shares of (22) companies out of (105) companies listed in the market.
5. The number of companies suspended by a decision of the Securities Commission for failing to comply with the instructions for financial disclosure is (35) companies.
6. The number of shares purchased from non-Iraqi investors in the market reached (106) million shares, at a value of (62) million dinars, through the implementation of (16) deals on shares of (4) companies
7. The number of shares sold from non-Iraqi investors in the market reached ( 89 million shares, worth 38 million dinars, through the implementation of (6) deals on shares of three companies. Ended 6/29
https://www.mawazin.net/Details.aspx?jimare=129906
A slight decrease in the dollar exchange rates
Market Economy News – Baghdad On Tuesday, the dollar’s exchange rates decreased slightly in the main stock markets, while they stabilized in the local markets.
Al-Kifah Stock Exchange recorded 124,900 dinars against 100 US dollars, while the exchange rate of the dollar on Monday recorded 124,950 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 125,000 dinars per 100 dollars.
While the exchange rates in Erbil governorate recorded 125.125 dinars per 100 dollars.
Number of observations 167 Date added 11/10/2020 https://economy-news.net/content.php?id=22615
Disclosure of 20 unofficial outlets in Kurdistan for smuggling of hard currency
18:05 - 11/09/2020 Information / Special ...The Saeron Alliance revealed, on Tuesday, that there are more than 20 unofficial outlets in Kurdistan that are used to smuggle hard currency, calling on the government to impose its control on these ports.
The deputy Jamal Fakher said to / the information / that "uncontrolled outlets are the main reason behind the destruction of the Iraqi economy and the magnification of corruption in it."
He added that "there are unofficial outlets in the Kurdistan region other than the official outlets that the central government does not know about," noting that "the number of unofficial outlets in the Kurdistan region reaches more than 20 outlets."
Fakher explained that "these outlets are used to smuggle hard currency and enter materials that were prevented from importing, including agricultural products in which Iraqi farmers have achieved self-sufficiency," calling on the government to "put control over these outlets among its priorities if it is serious about reforming the Iraqi economy."
The independent deputy, Basem Khazal, stated, on the first of last October, that there are political interests that prevented the government from imposing control over the outlets of the Kurdistan region, as it did, and imposed its authority over the central and southern outlets, noting that personal relations were a helpful factor in not imposing that control. https: //www.almaalomah.com/2020/11/09/504381/
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