"Tidbits From TNT" Wednesday 8-16-2023
TNT:
Tishwash: Keywords: US sanctions on some countries imposed restrictions on the central bank
The Governor of the Central Bank of Iraq, Ali Al-Alaq, attributed, on Wednesday, the dollar crisis in the country to US pressure and sanctions on some countries.
Al-Alaq said in a televised interview, followed by Al-Maalouma, that "US sanctions on some countries imposed restrictions on the Central Bank of Iraq and prevented it from selling dollars indirectly."
He added, "The Central Bank continues to set restrictions to prevent manipulation of the dollar price in the parallel market, and seeks to simplify the procedures for exchanging hard currency."
Al-Alaq continued, "The Central Bank seeks to simplify procedures for traders to buy hard currencies," noting that "30% of foreign currency goes in favor of imports from China." link
Tishwash: Governor of Baghdad: We are awaiting instructions from the Ministry of Finance to launch appointments as a contract
The Governor of Baghdad, Muhammad Jaber Al-Atta, announced today, Wednesday, that the appointments are about to be launched as a job contract, with a salary of 300,000 dinars.
Al-Atta said, "During the discussion and vote on the budget, the issue of listing 150 job contracts for all governorates with a salary of 300,000 dinars for a period of three years was raised," noting that "these 150,000 will be distributed to all governorates."
He added, "These contracts are considered job contracts for three years, including 75% for holders of a bachelor's, master's, and doctoral degree, and 25% for others," noting that "the controls have not been officially reached by the Ministry of Finance on how to deal with these contracts, but they do exist." and approved in the budget.
And he continued, "We are waiting for the controls for the 2023 budget and instructions from the Ministry of Finance to arrive officially," stressing, "We started preparing the equipment and arranging things according to the needs of the various specialties and according to the governorate's need in order to be ready." link
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Tishwash: Baghdad will host the Iraq International Investment Forum next October
Next October, Baghdad will host the Iraq International Investment Forum, which aims to select the best investment opportunities to implement development projects in the capital.
Governor Muhammad Jaber al-Atta said, in an interview with the official newspaper, followed by “Nass” (August 16, 2023), that the Baghdad Investment Commission, with the aim of studying the optimal investment opportunities before it, and choosing the best one to implement the development projects that the capital needs, will be held during the month of October. Iraq Forum for International Investment Conference.
He explained that the conference seeks to draw the capital's investment map in coordination with all sectoral agencies and investment commissions in all governorates, pointing to Baghdad's need for real opportunities that must be studied extensively and presented to sober companies exclusively, provided that they are of great value and a good return in raising the level of the capital from In terms of economic and investment activities.
Atta considered the aforementioned forum a good opportunity to select distinguished companies to establish important strategic projects for various sectors, especially housing, to contribute to covering the capital's need for housing, which is estimated at one million housing units, provided that it is implemented in the periphery areas to be attractive areas, in addition to other projects that raise the level of these areas. link
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