.KTFA:

Samson: The International Monetary Fund raises its forecast for global economic growth in 2022 to 4.9%

28th July, 2021

The International Monetary Fund raised its forecast for global economic growth next year by 0.5% to 4.9%, compared to 4.4% in previous forecasts

The Fund singled out the Saudi economy, with updated expectations, which included expectations of growth of 2.4% in 2021, down 0.5% from the expectations of April, and that the growth of its economy would double in 2002 to 4.8%, an increase of 0.8% from the expectations of April

.KTFA

Samson: Immunity of Central Bank of Iraq funds abroad

27th July, 2021

The Legal authorities in the United States of America confirmed to the Governor of the Central Bank of Iraq that all the reserves and funds of the Central Bank of Iraq are fortified and that no party can seize them. They also confirmed that they will defend its immunity with the rest of the countries, and these reserves cannot be compromised.

As Iraq will complete during the coming period the full payment of the compensation and benefits accrued from it before 2003, this will lead to the lifting of the international immunity for Iraq's money abroad and it will be subject to implementation by some creditors from other parties and companies.

.KTFA:

The United States confirms the "immunity" of the reserves of the Central Bank of Iraq: its funds cannot be seized

28th July, 2021

The Central Bank of Iraq announced, on Tuesday, that its funds are "fortified" by an American decision, "and no party can seize them."

The bank stated in a statement, that the legal authorities in the United States of America confirmed to the Governor of the Central Bank of Iraq that all the reserves and funds of the Central Bank of Iraq are fortified and that no party can seize them.

The Governor of the Central Bank is accompanied by the Iraqi Prime Minister in the delegation in Washington.

.KTFA:

Samson: After completing the fourth round of negotiations, the Iraqi military delegation returns from Washington

26th July, 2021

A government source reported, on Monday, the return of the Iraqi negotiating delegation headed by National Security Adviser Qassem Al-Araji, and Deputy Commander of Joint Operations Lieutenant-General Abdul Amir Al-Shamri, to the capital, Baghdad, after entering into negotiations with the US military leaders regarding the military withdrawal from the country.

The source said in an interview with "Mawazine News", that "the delegation was able to complete the fourth and final round of the strategic dialogue between the Republic of Iraq and the United States of America."

.KTFA:

Iraq is the fourth Arab economy and precedes a rich Gulf country

07/25/2021 12:28:55

International Monetary Fund estimates of the gross domestic product indicated that Iraq has the fourth largest Arab economy.

International monetary estimates indicated that the expectations of the Iraqi gross domestic product amount to 190.7 billion dollars at the end of 2021.

Iraq's economy comes behind Saudi Arabia, the UAE and Egypt and precedes Qatar

.KTFA:

Samson: US Defense Secretary Austin to visit Việt Nam on July 28-29: Foreign ministry

22nd July, 2021

US Defense Secretary Lloyd Austin will make an official trip to Việt Nam on July 28-29 at the invitation of the Vietnamese Minister of National Defence Phan Văn Giang, spokesperson for the Vietnamese foreign ministry Lê Thị Thu Hằng announced on Thursday.

The visit, part of a Southeast Asian tour with stops in the Philippines and Singapore in addition to Việt Nam starting this Friday, is the first one to the region by a top official of the Biden-Harris administration.

.KTFA:

Samson: With the end of the fiscal year approaching, question marks about the reasons for not activating the budget

22nd July, 2021

Member of the Parliamentary Finance Committee, Muhammad Al-Shabki, stressed that all articles of the budget, even the contested ones with the Federal Court, are valid.

Al-Shabki said in an interview with Alsumaria News, "The budget articles that were challenged by the government at the Federal Court are still valid and obligatory until the outcome of the appeal is decided and the final decision is issued by the court to invalidate or confirm the article."

.KTFA:

Samson: Iraq is the fifth largest exporter of crude oil to China in June

22nd July, 2021

The Chinese Customs Administration showed that Iraq was the fifth largest exporter of crude oil to China, while Saudi Arabia topped the oil-producing countries

The administration said in a statistic seen by "Economy News", that "China imported from ten crude oil-producing countries in the month of June an amount of 40,130 thousand tons of crude oil, which is equivalent to 9.363 million barrels per day

.KTFA:

Samson: US, Vietnam reach deal on valuations of the dong

20th July, 2021

The US and Việt Nam on Monday reached an agreement regarding the US concerns about Việt Nam's currency practises

Việt Nam has pledged not to manipulate its exchange rate in order to gain an unfair competitive advantage and will refrain from any competitive devaluation of the Vietnamese đồng, the State Bank of Việt Nam has said in a joint statement with the US Treasury.