Thursday AM Iraq Economic News Highlights 9-1-22
Thursday AM Iraq Economic News Highlights 9-1-22
The Difference Is 100 Dinars.. Learn About The Exchange Rates Of The Dollar On The Iraqi Stock Exchange
Economie| 10:31 - 01/09/2022 Baghdad - Mawazine News The dollar exchange rates witnessed stability, today, Thursday, on the Iraqi Stock Exchange. Selling price: 147.900 dinars per $100 purchase price: 147.800 dinars per $100 https://www.mawazin.net/Details.aspx?jimare=204167
Dollar Exchange Rates In Iraq
Economie 2022-09-01 | 03:28 4,080 views Alsumaria News – Economy Alsumaria News publishes the exchange rates of the dollar against the Iraqi dinar in the Iraqi local markets on Thursday. And the selling prices of the dollar were recorded at 147.900 dinars per 100 dollars, while the purchase prices of the dollar were recorded at 147.800 dinars per 100 dollars. LINK
Low Gold Prices In The Iraqi Market
Economie 2022-09-01 | 04:03 1,632 views Alsumaria News – Economy Alsumaria News publishes gold prices in the Iraqi local markets on Thursday.
The price of a 21-carat gold weight, the most widely traded among the public, reached 349 thousand and 110 dinars, excluding the fees of the craftsman.
The price of a gold weight of 24 carat amounted to 398,970 dinars, excluding goldsmithing fees. LINK
The Deputy Minister Of Finance Directs The Completion Of The Requirements For The Application Of Automation In The Customs And Tax Authorities
Economie| 05:45 - 31/08/2022 Baghdad - Mawazine News, Minister of Finance, Ihsan Abdul-Jabbar, directed, today, Wednesday, to complete the requirements for the application of automation in the customs and tax authorities.
And the ministry said in a statement that Mawazine News received a copy of it, that "the Minister of Finance as an agency directed to expedite the completion of the requirements for the application of automation in the customs and tax authorities to enhance the side of government revenues." Ended 29 /
https://www.mawazin.net/Details.aspx?jimare=204111
Integrity: 19 Transactions Related To Disbursing Loans To A Housing Project Without Real Estate Guarantees Were Seized In Muthanna
Economie| 01:03 - 31/08/2022 Baghdad - Mawazine News The Federal Integrity Commission revealed, on Wednesday, that its staff carried out a seizure operation in a government bank for transactions related to a housing project in the Muthanna Governorate, indicating that the bank granted loans without real estate guarantees.
And the investigation department of the authority stated, according to a statement received by Mawazine News, that “a team from the authority’s investigation office in Muthanna was able to seize nineteen transactions related to the housing units project in the Muthanna Gate Investment Residential Complex with the settlement document,” pointing to “the introduction of the director of the real estate bank.”
By granting housing unit loans that do not include a real estate guarantee (real estate bond), and disbursing (2,190,000,000) two billion dinars without guarantees.”
She indicated that "the investigations and investigations carried out by the office team concluded that the bank did not reserve the housing units for which loans were granted, despite the expiry of the period granted to the investor, amounting to (180) days," noting that "this represents a violation of the instructions for the loans issued by the Central Bank of Iraq initiative. Unfairly on behalf of the Ministry of Finance.
She added, "Initial investigations indicate that the investor committed clear violations, including: selling the housing unit at prices more expensive than the price set by the Special Committee to determine the selling price, where the difference between the real price and the selling price by the investor amounted to (4,413,080,000) billions of dinars.
" That "the competent department, despite the commission of these violations, did not take any legal action in this regard," while noting that "the commission is proceeding with its investigation procedures and presenting the negligent to the competent judicial authorities." https://www.mawazin.net/Details.aspx?jimare=204078
Oil Starts Selling Imported "Super" Gasoline For A Thousand Dinars Per Liter
Energy Economy News _ Baghdad Today, Thursday, the Oil Products Distribution Company announced the launch of "super" high-purity gasoline fuel at filling stations in the capital, Baghdad, and the provinces.
The company's general manager, Hussein Talib, said in an interview with Shafak News Agency and followed by "Economy News", that his company (affiliated to the Ministry of Oil) "has launched, today, a third product of imported gasoline (super high purity), to equip citizens' vehicles," explaining that "This product of gasoline is imported with hard currency."
He pointed out that "the price of one liter is "1000 dinars, with the availability of government support at a value of 400 dinars, calculating the import price of 1,400 dinars," noting that "the price is subject to periodic review according to developments and variables in global market prices,
He explained that "a number of stations have been allocated to equip vehicles with super gasoline, as two stations have been identified in Baghdad, subject to increase, one on the Rusafa side, which is Musa bin Naseer station, and the other in Karkh, which is the government message station in the Mansour area, while in the provinces, it has been allocated One station expandable.
The stations in Baghdad and the former provinces supply vehicles with improved gasoline at a price of 450 dinars per liter, and premium gasoline at a price of "650 dinars" per liter.
20 . views Added 09/01/2022 - 8:44 AM Update 09/01/2022 - 12:40 PM
https://economy-news.net/content.php?id=29528
A Slight Increase In The Exchange Rates Of The Dollar In Baghdad And Its Stability In The Kurdistan Region
Shafaq News/ The exchange rates of the US dollar rose slightly against the Iraqi dinar, on Thursday, on the main stock exchange in the capital, Baghdad, while it stabilized in the Kurdistan Region.
Shafak News Agency correspondent said that the Al-Kifah and Al-Harithiya Central Stock Exchange in Baghdad recorded this morning 147,950 Iraqi dinars, compared to 100 US dollars.
The prices recorded yesterday, Wednesday, 147,900 dinars, compared to 100 dollars.
Our correspondent indicated that buying and selling prices have stabilized in banking shops in the local markets in Baghdad, where the selling price amounted to 148,500 Iraqi dinars per 100 US dollars, while the purchase prices amounted to 147,500 Iraqi dinars per 100 US dollars.
In Erbil, the capital of the Kurdistan Region, dollar prices have witnessed stability, with the selling price reaching 148,100 dinars per 100 US dollars, and the purchase price reaching 148,000 dinars per 100 US dollars. LINK
Parliamentary Finance: 25 Trillion Surplus In Treasuries That We Cannot Use
2022-09-01 Yes Iraq: Baghdad On Thursday, the Parliamentary Finance Committee considered not approving the budget for the year 2023 as a “difficult matter,” revealing that there are 25 trillion dinars as surpluses in the state’s government coffers that will be of no use.
Committee member Muhammad Nouri said that "despite the completion of the 2022 budget and its readiness in terms of estimates, the current situation has prevented its approval."
And Nuri added, "The adoption of the emergency food security law came to get rid of approving the 2022 budget and the confusion that is being raised inside the street, and to fulfill the necessary governmental obligations for the governorates, the security contracts and the charters of the security forces."
He believed that "approving the 2023 budget will be difficult, with the continuation of political events," expressing "his optimism for a breakthrough or a political agreement early next year."
He continued, "The recovery of the economy came due to the rise in oil prices, without plans to correct it or find other outlets, which led to alleviating the financial burden and providing large sums in the absence of the budget," noting that "the surpluses amounted to 50 trillion dinars, divided by 25 trillion to the support law.
Emergency food security and development, and the same is located in the state treasury and government treasuries without any doors to exchange, but accumulate in the form of deposits in the government accounts in the Central Bank and the Commercial Bank to enhance the existing hard currency, which is high to 76 billion dollars, and the previous debt estimated at 90 billion can be paid. dollar".
Nuri pointed out that "the absence of correct numbers, actual work, oversight of all ministries, and accountability for their expenditures and how to contract after disrupting Parliament, which puts a set of speculations in the next year's budget that may not be in the interest of the street." LINK