.KTFA:

Samson: Fitch: The Total Debt Of The Gulf Countries In Foreign Currencies is 50 Billion Dollars In 2021

8th December, 2020
Fitch Ratings Agency said that the total issuance of debts denominated in foreign currencies during the next year may reach 50 billion dollars in the Arab Gulf countries, whether in the form of new financing or refinancing of outstanding debts, indicating the possibility of Kuwait obtaining legislative approval to enter the debt market during the year next.

Local debt issuances in the Gulf region will reach 40 billion dollars, which means that the volume of internal and external sovereign debt issues will reach 90 billion dollars.

The agency added that the countries of the region may witness withdrawals from sovereign wealth funds of about $ 60 billion.

.KTFA:

Samson: 130 thousand dinars against the "paper" ... the government tends to raise the exchange rate of the dollar against the dinar

8th December, 2020

A member of the Parliamentary Finance Committee confirmed today, Tuesday, the government's intention to raise the exchange rate of the dollar.

The owners of banking offices attributed the recent rise in the exchange rate of the dollar in Iraq to the increased demand for it by citizens, after rumors of the government's intention to raise the price of the dollar.

.KTFA:

MilitiaMan: An economist calls for deleting the three zeros from the dinar to strengthen the local currency.

Twig said: It is known that the monetary mass in circulation is about 60 (?) trillion dinars, which is not available at the Central Bank of Iraq, the banks and the public, and it is a large monetary block compared to the economic transactions of the Iraqi economy and that a large proportion of this block suffers from compactness and therefore this does not help the Central Bank of Iraq in drawing a policy Effective cash calling on the central bank to delete three zeros or gradual deletion of zeros to make the value of the dinar appear at a higher value and that the processes of evaluation and monetary balance will be formed quickly in the market economy.

.KTFA:

DeepWoodz: Imo...Just wanted to highlight some things I think are (Thumbs Up)

Upcoming elections are now funded. 329 billion dinars.

Extraordinary sessions on Friday and Saturday for the 2021 budget.

Kurds are paying salaries.

Deposits in banks up by 42% from first quarter 2019 to first quarter 2020.

Rafidain bank pays December social welfare salaries.

Oil at $48 a barrel

Israel to open an embassy in Bahrain.

.KTFA:

Samson: The Presidency of the Iraqi Republic reimposes permanence by 100%

29th November, 2020

The Presidency of the Republic of Iraq decided to completely re-impose official working hours in all its departments, starting from the beginning of next month.

According to an official letter appended to the signature of the Director General of the Administrative Department in the Presidency of the Republic, Hershoe Taher Aziz, the official working hours for all Presidency employees will be 100% as of Tuesday, 1-12-2020.

The Iraqi government had decided to resume official working hours in state departments and institutions after easing the restrictions it imposed with the outbreak of the epidemic in the country.