More Iraqi News Wednesday PM 9-23-20
More Iraqi News Wednesday PM 9-23-20
TLM724 Administrator BondLady’s Corner
The Stability Of The Dollar Exchange Rate In The Local Markets
Market Economy News _ Baghdad The dollar exchange rate stabilized in the main stock market and local markets today, Wednesday (September 23, 2020), and the Kifah Stock Exchange recorded 123,000 dinars against 100 US dollars.
They are the same as for Tuesday.
The selling prices in the exchange shops in the local markets in Baghdad,
the selling price of 123,500 dinars per 100 dollars. Purchase price: 122,500 dinars per 100 dollars
Number of observations 99 Date added 09/23/2020 https://economy-news.net/content.php?id=21966
The International Monetary Confirms To The Central Bank Its Desire To Help Iraq
Time: 09/23/2020 09:27:11 Read: 2,925 times {Baghdad: Al Furat News} The International Monetary Fund announced, on Wednesday, its intention to provide support and coordinate financial and monetary policies for Iraq.
A statement of the Central Bank received {Al Furat News} a copy of it, "The Governor of the Central Bank of Iraq, Mustafa Ghaleb, frightened, held a meeting in visual contact with the International Monetary Fund, to discuss issues related to the economic situation in Iraq and the fund's willingness and desire to help Iraq by providing support and technical advice. Coordinating financial and monetary policies and fiscal consolidation plans. "
He added, "The fund's team offered the congratulations of the fund’s executive director, Dr. Hazem Al-Beblawi, to the governor of the Central Bank on the occasion of his assumption of the position." LINK
International Monetary Fund: We Are Ready To Support Iraq
Banks Economy News _ Baghdad Central Bank Governor Mustafa Ghaleb Makhaif discussed, on Wednesday, with the International Monetary Fund, providing support and technical advice, and coordinating financial and monetary policies and financial control plans.
"The Governor of the Central Bank of Iraq, Mustafa Ghaleb, is terrifying. He held a meeting in visual contact with the International Monetary Fund, and during the meeting, topics related to the economic situation in Iraq were discussed."
The statement added, "The readiness and willingness of the fund to assist Iraq by providing support and technical advice and coordinating financial and monetary policies and financial control plans were discussed."
Number of observations 137 Date added 09/23/2020 https://economy-news.net/content.php?id=21962
Work Is Looking With The World Bank To Obtain An Emergency Loan
Wednesday 23 September 2020 138 Baghdad: Muhannad Abdul-Wahhab In order to reduce the issue of unemployment and youth employment, the Ministry of Labor and Social Affairs confirmed that it is continuing to formulate meetings with the World Bank to obtain an emergency loan project for the liberated areas.
The Director General of the Department of Labor and Vocational Training, Raed Jabbar Bahed, told Al-Sabah: "The ministry discussed during its meeting with the Parliamentary Work Committee the emergency loan project for the liberated provinces and the follow-up of the implementation mechanisms by the committee."
He pointed out, "The Ministry of Labor has started meetings with the World Bank to work on the success of the project and to obtain the loan, which is hoped to reach $ 200 million." One dollar, five thousand dollars, and three thousand dollars, depending on the type of project. "
Bahed said, "The ministry continues to work to hire young people and give them opportunities to achieve financial incomes for them and create other opportunities."for work". LINK
Work The World Bank Negotiated A $ 200 Million Emergency Loan
Workers on an investment project
Money and business Economy News – Baghdad The Ministry of Labor and Social Affairs has confirmed that it will proceed with setting up meetings with the World Bank to obtain an emergency loan project for youth employment in liberated areas.
The director general of the Department of Labor and Vocational Training in the ministry, Raed Jabbar Bahed, said, "The ministry discussed during its meeting with the Parliamentary Work Committee the emergency loan project for the liberated provinces and the follow-up of the implementation mechanisms by the committee.
He added, "The Ministry of Labor has started meetings with the World Bank to work on the success of the project and to obtain the loan, which is hoped to reach $ 200 million."
And that "the first phase of the loans is distributed among the beneficiaries by a thousand loans, divided into three categories; eight thousand dollars, five thousand dollars, and three thousand dollars, according to the type of project."
"The ministry continues to work to employ the youth and give them opportunities to achieve financial incomes for them and create other job opportunities," Bahid said.
Number of observations 79 Date added 09/23/2020 https://economy-news.net/content.php?id=21960
Minister Of Commerce From Mosul: Economic Challenges Stand In The Way Of Completing The Distribution Of Ration Items
Wednesday 23, September 2020 18:34 | EconomicalViews: 29 Mosul / NINA / The Minister of Trade, Alaa Ahmed, inaugurated the Import, Export and Exhibitions Department in Nineveh Governorate.
In a press conference held against the background of his governorate visit, attended by the Iraqi National News Agency ( NINA ) , the minister said that "economic challenges stand in the way of completing the distribution of the ration card items to citizens," indicating: "The Corona pandemic has reduced oil prices, which has weakened the treasury. A country that is highly dependent on oil imports. "
He explained: "There are future scenarios developed by the ministry in order to address the crisis of the ration card items."
For his part, Director of the Branch of the General Company for Exhibitions and General Commercial Services in Nineveh Governorate, Mahmoud Ahmad, confirmed the resumption of work in the branch, indicating that one of the tasks of the branch is to electronically grant import and export licenses to merchants in the city. https://ninanews.com/Website/News/Details?key=858408
Deputy: 35 Trillion Dinars Are Stored With The People Who Refuse To Deposit Them In Banks
10:32 - 22/09/2020 The information / Baghdad ..The deputy of the Saeron Alliance, Riyad Al-Masoudi, confirmed, on Tuesday, that the Iraqis are refraining from keeping their money or depositing it in banks for many reasons, noting that more than 35 trillion Iraqi dinars stored with the people refuse to deposit them in banks.
Al-Masoudi said in a statement to / information /, that "the Iraqi government is facing great challenges in providing Iraqi cash to meet the requirements of employees salaries and operating expenses."
He added, "The previous and current successive Iraqi governments have not succeeded in activating the banking system, as well as the Iraqi citizen's lack of confidence in banking governance."
Al-Masoudi explained, "The failure of the governments over 17 years has led to 35 trillion Iraqi dinars and more being stored in homes instead of depositing them in banks." https://www.almaalomah.com/2020/09/22/496319/
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