.KTFA:

Don961: Disclosure of the time limit to reduce the price of the dollar

10 hours ago News source / NRTV

Financial expert Mahmoud Dagher announced, on Wednesday, that it was not possible to make a new adjustment in the exchange rate of the dollar against the Iraqi dinar after only 3 months, just because of the high oil prices, stressing that everyone knows about the fluctuation of the oil market and its failure to stop at a certain level.

Dagher said in a special statement to NRT Arabia, today (10 March 2021), that "the adjustment of the currency rate is exclusively the specialty of the Central Bank of Iraq, and no party, whether legislative, executive, or judicial, has the right to interfere with it in any way."

.KTFA:

Samson: Venezuela is introducing a six-zip banknote, worth less than a dollar

11:00 - 06/03/2021

The Venezuelan Central Bank announced that three new banknotes will be traded in the country as of March 8, in denominations of 200,000, 500,000 and one million bolivars.

Venezuela is experiencing a severe social and economic crisis in recent years, in addition to high inflation, the devaluation of the national currency, and a shortage of basic commodities. The US dollar has now reached 1.89 million bolivars.

.KTFA:

Samson: Việt Nam climbs three spots in global soft power rankings

1st March, 2021

Việt Nam has climbed three spots to rank 47th out of 105 countries in Brand Finance’s Global Soft Power Index Report 2021.

Việt Nam was the only country among the 10 member states of the Association of Southeast Asian Nations (ASEAN) to improve its ranking this year. Its overall score was 33.8 out of 100 points, 2.5 points higher than last year, putting it ahead of the Philippines (53rd), Cambodia (89th) and Myanmar (90th). Among other ASEAN countries, Singapore was 20th, Thailand 33rd, Malaysia 39th, and Indonesia 45th.

.KTFA:

Samson: Parliament votes on three international conventions

3/4/2021 18:21

The House of Representatives voted on Thursday to join three international agreements.

A correspondent said that the House of Representatives voted on the draft law on the accession of the Republic of Iraq to the International Convention for Container Safety of 1972. He added that the Council voted on the draft law on the accession of the Republic of Iraq to the Convention on the Recognition and Implementation of Foreign Arbitration Decisions (New York, 1958).

The House of Representatives voted on a bill amending the law on the accession of the Republic of Iraq to the International Convention on Road Traffic for the year 1968 and the European Agreement supplementing it for the year 2006 No. 30 of 2015.

.KTFA:

Don961: Mazhar Saleh: Proposals to Establish a Sovereign Wealth Fund

Tuesday 02 March 2021 Baghdad: Hazem Muhammad Habib

The financial advisor to the prime minister, Mazhar Muhammad Saleh, revealed positive proposals to establish a sovereign wealth fund in which funds equivalent to the current compensation for the Kuwait war would be deposited in a manner consistent with the reform White paper .

In an interview with Al-Sabah, Saleh said: “We have positive ideas and proposals to establish an Iraqi sovereign wealth fund, in which amounts equivalent to the compensation for the Kuwait war are deposited after the payment of these compensation is completed in the coming months, and it is managed like the generational funds,” and considered it “a sovereign investment resource for Iraq.” And in line with the white paper launched by the government to strengthen and reform the structure of the Iraqi economy.