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yota691

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  1. Al-Atwani: Hosting the Federal and Regional Ministers of Finance establishes a new phase of interaction Economy Today, 13:15 Baghdad - IA Chairman of the Parliamentary Finance Committee, Atwan Al-Atwani, confirmed today, Wednesday, that hosting the federal and regional finance ministers establishes a new phase of dealings between the center and the region. Al-Atwani said in a statement received by the Iraqi News Agency (INA): “Hosting the Finance Committee of the Federal and Regional Ministers of Finance came to review the facts,” indicating that “hosting establishes a new phase of dealing between the central government and the region on the basis of resolving all problems under the roof of the Constitution and the instructions of the law.” Budget. He added, "The Finance Committee is charged with monitoring the extent of the Kurdistan Region's commitment to implementing Article 12 of the Budget Law." He stressed that "all federal revenues must enter the state treasury," pointing out that "the Parliamentary Finance Committee represents all segments of the people without discrimination." Earlier today, the Parliamentary Finance Committee hosted the federal and regional finance ministers. The Media Department of the House of Representatives stated in a statement received by the Iraqi News Agency (INA), that "the hosting came to discuss the region's revenues and implement budget instructions."
  2. Minister of Finance: The Kurdistan Region did not deposit any amounts in an account that was opened to deposit revenues Economy |Today, 16:31 | Baghdad Today - Baghdad The Minister of Finance, Taif Sami, announced today, Wednesday (October 18, 2023), that “the Kurdistan Region did not deposit any amounts in an account that was opened to deposit revenues.” Sami said during her hosting of the Parliamentary Finance Committee meeting in the presence of the Kurdistan Regional Government delegation that arrived in Baghdad yesterday, that “the Ministry of Finance works in accordance with the Financial Management Law and the Federal Budget in financing and implementing projects,” noting that “opening an account on the basis of which the region is obligated to put in revenues as it represents a treasury.” The region, but no sums of money were deposited in it, reviewing the Ministry of Finance’s procedures regarding the details related to the region’s specific articles within the Federal Budget Law.” The committee also heard a review by the Head of the Audit Bureau, Mr. Ammar Al-Mashhadani, regarding the Bureau’s procedures for following up on the implementation of budget items, preparing a detailed report, and issuing special recommendations regarding them, as well as presenting observations regarding auditing the received data, revealing that the final report on auditing the entire database will be submitted tomorrow. In turn, the Minister of Finance and Economy of the Kurdistan Region provided an explanation of the issues and the general situation of the mechanism for implementing budget instructions, in addition to discussing the region’s share in the budget, details of the actual agreement and expenditures for investment projects, while an explanation was presented with the details and tables listing expenditures and revenues. The members of the Finance Committee focused on the amounts of total oil and non-oil revenues and border crossings achieved, actual spending and the extent of the region’s commitment to implementing the budget provisions, in addition to discussing the issue of the region’s employees, and how to settle their salaries in banks approved by the Central Bank, where it was emphasized to hold a session to reach solutions. Radical. During its interventions, the Finance Committee indicated the necessity of relying on the principle of justice for all governorates, including the governorates of the region, while taking into account all observations while requesting that it be provided with data in official books to come up with a unified vision. During a meeting yesterday, Tuesday, in the capital, Baghdad, the delegation of the Kurdistan Regional Government agreed with the Kurdistan blocs to unify their positions on the issue of the Kurdistan Region’s rights and its share of the budget before the meeting of the Parliamentary Finance Committee.
  3. The Central Bank of Iraq organizes a mourning and protest in solidarity with the Palestinian people October 18, 2023
  4. Kuwait signs contracts worth $1.7 billion to rehabilitate the soil from the effects of the Iraq invasion Inside an oil field October 18, 2023 11:57 AM Kuwait - Mubasher: Kuwait Oil Company signed contracts worth $1.73 billion from 2013 until September 2023; To rehabilitate the soil in oil fields from the effects of the Iraqi invasion, according to what a document showed . Last year, Iraq completed paying $52.4 billion; To compensate individuals, companies and governments who have proven that they suffered damage due to the invasion and occupation of Kuwait in 1990. This comes in the wake of the United Nations Compensation Commission, which was formed by the United Nations Security Council after the 7-month occupation, receiving a portion of the proceeds from oil sales. It approved 1.5 million applications that met the conditions, and their owners received $52.4 billion. According to Reuters. The value of the largest claim approved was $14.7 billion, and was in favor of the Kuwait Petroleum Corporation, which is affiliated with the Kuwait Oil Company. Damage resulting from Iraqi forces setting fire to oil wells .
  5. The Iraqi Council of Ministers takes a number of decisions 2023-10-17 12:03 Shafaq News/ On Tuesday, the Iraqi Council of Ministers took a number of decisions in the energy and social welfare sectors during its forty-second regular session, which was held under the chairmanship of Council President Muhammad Shiaa Al-Sudani. The Council discussed, according to a statement received by Shafaq News Agency, the most important developments in the general situation in the country, and discussed the implementation of the basic files included within the priorities of the government program and their follow-up, in addition to researching the topics on the agenda and issuing decisions regarding them. The statement stated that, in compliance with the ministerial platform that the House of Representatives voted on on October 27, 2022, the Council of Ministers approved the following: The Media and Communications Authority is responsible for issuing a national license for mobile phones using fifth generation technology, for an exclusive period of (3) years, to Al-Salam General Company, one of the formations of the Ministry of Communications. In order to expand vital and strategic projects, and to advance development in the country, and to provide the necessary funding for them within the Iraqi-Chinese framework agreement, it was decided to approve an increase in the quantities of oil exported within the Iraqi-Chinese framework agreement to become (150,000) only one hundred and fifty thousand barrels per day, calculated On a monthly basis, instead of (100,000) one hundred thousand barrels per day. For the purpose of including social protection beneficiaries with Department of Labor and Training loans, removing them from the poverty line database and helping them establish income-generating projects, in accordance with the amounts allocated for this purpose, the Council decided to approve the exception of beneficiaries covered by the Social Protection Law (11 of 2014), allowing the continued disbursement of The aid is for a period of (3) months after granting them the aforementioned loans, according to what was recorded in the letter of the Ministry of Labor, dated October 4, 2023. As part of the government’s directions to provide social care to all social segments, it was decided that the implementation of Council of Ministers Resolution (23192 of 2023) would be as follows: 1. Allocating an area (1500 square meters) to the Iraqi House Foundation for Creativity, and the Baghdad Investment Authority completing the investment transaction procedures and signing the contract with the investor, after excluding the aforementioned area from the contract in accordance with the fundamental contexts, and informing the investor of what was stated in the letter of the Ministry of Finance dated June 12, 2023, The Ministry of Finance is responsible for implementing what was stated in its aforementioned letter. 2. Amending Paragraph (1) of Council of Ministers Resolution (23192 of 2023) to become as follows: The Ministry of Finance/State Real Estate Department owns an area (1500 m2) of the plot of land numbered (4/23797/m11) Zayouna Service Street, without any allowance for The Iraqi House Foundation for Creativity, based on the provisions of the Law on Ownership of Estates and Princely Buildings No. (3) of 1960, to build a home for the elderly, especially on it. In the field of energy, the Council approved the following: 1. Authorizing the Minister of Finance to sign a loan agreement for the Multiple Annual Maintenance Project, Fifth Phase (PUP5/B) for the benefit of the Ministry of Electricity, guaranteed by the American Export-Import Bank (EXIM BANK), based on the Federal General Budget Law. For the fiscal years (2023 - 2024 - 2025). 2. Approval of the financing conditions stated in the Ministry of Finance’s letter dated October 1, 2023. In the direction of the process of organizing the new administrative structures, the Council of Ministers voted to form the Board of Directors of the Iraq Fund for Development, headed by the Prime Minister, based on the provisions of Article (5/II) of the Iraq Fund for Development Regulations (3 of 2023), and the membership of the Ministers of Planning, Finance, Reconstruction, Housing, and Municipalities. Public Works, and three representatives from the private sector. The Council exercises its duties specified by the aforementioned system. It was also approved to issue a system of tasks for the Internal Security Forces Development and Support Fund and its formations, and the means of disbursing its revenues, based on the provisions of the Constitution, and the second clause of Article (57) of the Federal General Budget Law for the three fiscal years (2023-2024-2025). The Council agreed to accept the grant submitted by the Chinese Ministry of Foreign Affairs to the Ministry of Education, which includes office materials (desktop and laptop computers, printers, scanners, and photocopiers), based on the provisions of the Ministry of Education Law (22 of 2011), provided that its book value is determined by the Ministry of Education. After receipt, the Ministry of Finance shall be informed of that value and the final beneficiary, provided that... The Information Technology Center in the Ministry of Planning, the Intelligence Service, and the National Security Service audit computers before using them. Based on what was presented by the Minister of Defense, the Council of Ministers decided to recommend to the House of Representatives to approve my request. Najm Abdullah Abdul Jubouri and Hamad Namis Yassin Al-Jubouri, to exclude them from accountability and justice procedures, based on the provisions of Article (12) of the National Accountability and Justice Authority Law No. (10) of 2010, in accordance with the requirements of the public interest. The National Water Council draft law was approved and referred to the House of Representatives, based on the provisions of the Constitution, with the addition of the head of the body of advisors to the membership of the National Water Council. The session also witnessed the approval of the draft law for the twenty-first amendment to the Employment Law No. (25) of 1960, which was reviewed by the State Council and referred to the House of Representatives, based on the provisions of the Constitution, taking into account the recommendation of the Minister of Finance during the session. The amendment includes the creation of new job titles. In state departments, including the Ministry of Health.
  6. Plasschaert points out the importance of the presidency of the region and pushes Baghdad and Kurdistan towards the private sector and a long-term agreement 2023-10-17 15:41 Shafaq News/ The envoy of the United Nations Secretary-General, Jeanine Plasschaert, said on Tuesday that there is no way for Baghdad and the Kurdistan Region but to invest in the private sector. Plasschaert added during a meeting with students of Soran University, which was reported by the Kurdish “Rudaw” station, that “the public sector in the Kurdistan Region and Iraq in general has become more like a balloon that is being inflated, so there is no way but to invest in the private sector.” Plasschaert explained in another file, "We worked during the last period with Iran and Iraq to implement the security agreement with the aim of stopping the bombing of these areas, and if we talk about Turkey, we hope with all our heart that we will take a similar approach in the near future." Plasschaert continued, "If we compare the Iraqi Kurdistan Region to the rest of the Kurdish people in Iran, Turkey, and Syria, we see many achievements in the region, and it is true that they may not be ideal, and it is correct that we acknowledge the achievements that have been achieved here in the region." Plasschaert pointed out that a large part of the statistics indicate a decline in the freedom of opinion index in Iraq and the Kurdistan Region as well. Freedom of opinion and expression is very important and must be preserved. She pointed out that "there is a positive atmosphere and agreement between Erbil and Baghdad, but this agreement is temporary, and I support the existence of a long-term agreement between the two sides." The United Nations envoy said, “The presidency of the Kurdistan Region is an important institution for the entire region and for relations between Erbil and Baghdad as well.”
  7. Israel-Hamas war.. Biden asks Sudanese to play a mediation role with Iran 2023-10-17 12:00 Shafaq News/ An informed government source revealed, on Tuesday, that US President Joe Biden asked Iraqi Prime Minister Muhammad Shia al-Sudani to play a mediating role with Iran, in order to contain any expansion of the battles that have been ongoing for ten days between Israel and the Hamas movement. The source told Shafaq News Agency that Biden appreciated Baghdad's official role in calming the situation during the current crisis, and talked about playing a mediation role, especially with Iran, in order to calm the situation. He added that Al-Sudani expressed his conviction of the necessity of working towards containment and non-escalation, provided that this is accompanied by a ceasefire and the creation of humanitarian corridors to provide relief to the people in Gaza. The White House said earlier on Tuesday that US President Joe Biden spoke with Iraqi Prime Minister Muhammad Shia al-Sudani, as part of his efforts to contain the conflict between Israel and the Palestinians. Later, the Sudanese Media Office said in a statement, received by Shafaq News Agency, that Prime Minister Muhammad Shiaa Al-Sudani received a phone call from the President of the United States of America, Joe Biden, during which the ongoing field developments in the Palestinian territories were discussed, and during the call it was emphasized that The importance of mobilizing efforts and joint work to support sustainable stability in the region, as well as efforts to strengthen the bilateral partnership between Iraq and the United States of America, according to the strategic framework agreement between the two countries. During the call, the two sides stressed the need to contain the conflict and work to prevent the expansion of the circle of war, which targets civilians and threatens regional and international peace and stability. The Prime Minister renewed Iraq's firm and principled position regarding what is happening in Gaza, pointing out the importance of opening humanitarian corridors and delivering what the people of the Gaza Strip need, who are subjected to war and an unjust siege. Al-Sudani also stated, according to the statement, that “the continuation of the aggression against Gaza arouses the anger of people in the region and the world.” Earlier on Tuesday, Iranian Leader Ali Khamenei said that his country “must respond to what is happening in Gaza.” Iranian state television quoted Khamenei as saying: “No one will be able to stop Muslims around the world and the resistance forces if Israel’s crimes in Gaza continue.” The semi-official Fars News Agency also reported that Iran warned Israel of escalation if it did not stop attacks on the Palestinians. Iranian Foreign Minister Hossein Amir Abdollahian said: “If the attacks do not stop, then all parties in the region are on the trigger.” On the other hand, Israeli Prime Minister Benjamin Netanyahu pledged to "destroy Hamas" as its army prepares to invade the Gaza Strip.
  8. In a phone call.. Biden discusses with Sudanese the conflict between Israel and Hamas 2023-10-16 19:10 Shafaq News/ The White House said that US President, Joe Biden, spoke with Iraqi Prime Minister, Muhammad Shiaa Al-Sudani, on Monday, as part of his efforts to contain the conflict between Israel and the Palestinians. Biden suddenly canceled a local visit and met with the national security team on Monday, while he was considering an invitation to visit Israel to show support for it in light of the ongoing war in the Gaza Strip. Later, the Sudanese Media Office said in a statement issued this morning, and received by Shafaq News Agency, that Prime Minister Muhammad Shiaa Al-Sudani received a phone call from the President of the United States of America, Joe Biden, during which the ongoing field developments in the Palestinian territories were discussed, as happened during the call. Emphasizing the importance of mobilizing efforts and joint work to support sustainable stability in the region, as well as efforts to strengthen the bilateral partnership between Iraq and the United States of America, according to the strategic framework agreement between the two countries. During the call, the two sides stressed the need to contain the conflict and work to prevent the expansion of the circle of war, which targets civilians and threatens regional and international peace and stability. The Prime Minister renewed Iraq's firm and principled position regarding what is happening in Gaza, pointing out the importance of opening humanitarian corridors and delivering what the people of the Gaza Strip need, who are subjected to war and an unjust siege. Al-Sudani also stated, according to the statement, that the continued aggression against Gaza arouses the anger of people in the region and the world. Biden was scheduled to visit Colorado, but decided at the last minute to remain in the White House to hold these meetings, amid growing fears that the conflict might expand into a broader war in the Middle East. The White House confirmed that Israeli Prime Minister Benjamin Netanyahu invited Biden to visit Israel after the Hamas attack, classified as terrorist, on October 7, which resulted in more than 1,400 deaths, but he said that there is no plan to travel yet. The timing of any visit will be extremely sensitive as Israel prepares for a ground operation in the Gaza Strip after strikes and air strikes that left at least 2,750 people dead. The White House said that Biden and US Vice President Kamala Harris "were informed by the national security team of the latest developments after the hateful Hamas attack in Israel and the resulting conflict in Gaza." He added that the briefing was led by the Director of the US Central Intelligence Agency, Bill Burns, the Director of National Intelligence, Avril Haines, and the National Security Advisor, Jake Sullivan, who was joined by Biden's Office Director, Jeff Zaints, and published a photo of the meeting in the Oval Office on social media. Social Media. This comes as several American media outlets, including Axios and CNN, reported that American and Israeli officials are discussing the possibility of Biden traveling to Israel this week. Biden, 80, was scheduled to travel to Colorado to visit a wind turbine factory and promote economic recovery and pro-environmental messages as part of his 2024 election campaign. Canceling the visit at the last minute is unusual, especially since presidential trips are usually carefully planned, and was so surprising that White House officials had only hours before published details about the Colorado visit. Biden has repeatedly pledged to provide strong support for Israel, a close ally of the United States, in its response to the attack launched by Hamas, on October 7, from Gaza, which led to the death of more than 1,400 people, most of them civilians. Israel, which witnessed the bloodiest attack in its history, launched strikes on the Gaza Strip that killed at least 2,750 people, most of them civilians, and caused great destruction. Fears are increasing about the possibility of the Lebanese Hezbollah, which is supported by Iran like Hamas, entering the confrontation line, with some skirmishes taking place on the northern border of Israel.
  9. The Region's Minister of Finance after the Finance Committee meeting: The two sides agreed to solve the salary problem in Kurdistan 2023-10-18 09:08 Shafaq News/ The Minister of Finance and Economy in the Kurdistan Region, Awat Sheikh Janab Nouri, stated on Wednesday that there is an agreement of opinion between the region’s delegation currently visiting Baghdad, the Parliamentary Finance Committee, and the Federal Minister of Finance, Mrs. Taif Sami, to solve the problem of financing the salaries of employees and workers in the public sector. In the region in one payment. This came in a press conference held today following a meeting held by the Parliamentary Finance Committee in which it hosted the Kurdistan and Federal Ministers of Finance. Nouri said during the conference, “We sat with the Parliamentary Finance Committee and the Federal Minister of Finance, in accordance with what our job dictates, and the responsibility placed on us in the Kurdistan Regional Government to defend those who receive salaries,” adding, “In a very friendly atmosphere, we presented our information, I can say that there is a large understanding between us on how to solve the problem of salary recipients and address the problem of actual spending.” He stressed that the meeting touched on keeping the issue of salaries away from political differences, noting that the statistics and data provided by the Kurdistan delegation were largely accepted, and we were able to present the reasons for the problem of who receives salaries in an honest and transparent manner to the committee. Nouri added, “There was a national response by the Finance Committee and the Federal Minister of Finance, six parties, regarding the information we provided, and I can say that we agree in opinion and position and are unanimous that the problems of those who receive salaries in the region must be addressed at once, legally, through the budget or actual spending.” ". He continued by saying that the meeting took four hours of time and was friendly and brotherly, and I can say that it was an important strategic step for the relations between the regional government and the federal government, pointing out that it was decided to hold a second meeting to discuss what we reached because the Finance Committee does not have the authority to amend the budget law, but it can Submit proposals in this regard. Meanwhile, the Parliamentary Finance Committee announced in a statement that, under the guidance of the Presidency of the House of Representatives, the committee, headed by Atwan Al-Atwani, Chairman of the Finance Committee, and in the presence of all its members, held today, Wednesday, an expanded hearing based on the supervisory aspect, during which it hosted the Federal Minister of Finance, Taif Sami, and the Minister of Finance and Economy in the region. Kurdistan, Mr. Awat Sheikh Jah Nab, the head of the Federal Oversight Bureau, Ammar Al-Mashhadani, the head of the Prime Minister’s Office in the region, and the accompanying delegation to follow up on the implementation of the instructions of the Federal General Budget Law, oil and non-oil revenues in the region, in addition to the file of loans granted. Deputy Speaker of the House of Representatives, Shakhwan Abdullah, confirmed during the session that the Council supports all the recommendations taken by the Finance Committee to reach fruitful results, indicating the Committee’s keenness to solve the outstanding problems in this file in a way that ensures reaching outputs that meet the requirements of the street. For his part, the Chairman of the Finance Committee pointed out that there are problems regarding the implementation of the budget items related to the Kurdistan Region, which requires concerted efforts, noting the importance of the session in order to reach comprehensive results. Atwan Al-Atwani added that the Finance Committee is charged with following up on the extent of compliance in implementing Articles 12-13-14, related to oil, non-oil and tax revenues for the region, noting that there are matters that need real solutions between the center and the region. While the Federal Minister of Finance, Taif Sami, explained that the ministry works in accordance with the Financial Management Law and the Federal Budget in financing and implementing projects, indicating the opening of an account on the basis of which the region is committed to placing revenues as it represents the region’s treasury, however, no sums of money have been deposited in it, reviewing the procedures. The Ministry of Finance on the details related to the region’s specific articles within the Federal Budget Law. The committee also heard a review by the head of the Audit Bureau, Ammar Al-Mashhadani, regarding the Bureau’s procedures for following up on the implementation of budget items, preparing a detailed report, and issuing special recommendations regarding them, as well as presenting observations regarding auditing the data received, revealing that the final report on auditing the entire database will be submitted tomorrow. In turn, the Minister of Finance and Economy of the Kurdistan Region provided an explanation of the issues and the general situation of the mechanism for implementing budget instructions, in addition to discussing the region’s share in the budget, details of the actual agreement and expenditures for investment projects, while an explanation was presented with the details and tables listed for expenditures and revenues. The members of the Finance Committee focused on the amounts of total oil and non-oil revenues and border crossings achieved, actual spending and the extent of the region’s commitment to implementing the budget provisions, in addition to discussing the issue of the region’s employees, and how to settle their salaries in banks approved by the Central Bank, where it was emphasized to hold a session to reach solutions. Radical. During its interventions, the committee indicated the necessity of relying on the principle of justice for all governorates, including the governorates of the region, while taking into account all observations while requesting that it be provided with data in official books to come up with a unified vision.
  10. Pictures: The Parliamentary Finance Committee hosts the Kurdistan and Federal Ministers of Finance regarding the region’s employees 2023-10-18 05:58 Shafaq News/ Today, Wednesday, the Finance Committee of the Iraqi Parliament began holding a meeting in the presence of the Minister of Finance and Economy of the Kurdistan Region, Awat Sheikh Janab, and the Federal Minister of Finance, Taif Sami. The region's Ministry of Finance said in a statement today that during the meeting, the region's Finance Minister and his accompanying delegation will answer all questions posed by members of the Finance Committee in the House of Representatives and the Iraqi Minister of Finance regarding expenditures, revenues, the number of employees, and those who receive salaries in the region. At the invitation of the Finance Committee in the Iraqi Parliament, Awat Janab Nouri, Minister of Finance and Economy of the Kurdistan Region, arrived on Tuesday evening, accompanied by a delegation that included: Omid Sabah, Head of the Cabinet Office, Aman Rahim, Secretary of the Council of Ministers, and Abdul Hakim Khosrow, Head of the Coordination Office. Follow-up, and a number of advisors and general directors of the Ministry of Finance and the Ministry of Natural Resources in the region. The Kurdistan Ministry of Finance said in a statement yesterday that in a special session of the Finance Committee in the Iraqi Parliament, which will be held today, Wednesday, in the presence of the Iraqi Minister of Finance, Mrs. Taif Sami, the Minister of Finance and Economy in the Kurdistan Region will present a report on the problems and disagreements between the Kurdistan Region and Baghdad regarding budget and salary issues. At the same time, he will provide detailed information on the expenses and revenues of the beginning of the six months of 2023 and the number of employees and those receiving salaries in the Kurdistan Region to the Finance Committee of the Iraqi Parliament, which was detailed by the joint delegation of the Financial Supervision Bureau of Iraq and the Kurdistan Region.
  11. Governor of the Central Bank of Iraq: It takes a short time for the traveler to receive his share of the dollar 2023-10-18 07:08 Shafaq News/ Today, Wednesday, the Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, inaugurated new outlets for selling foreign currency (the dollar) to travelers at Baghdad International Airport. A statement issued by the bank today stated that Al-Alaq was briefed on the mechanism for providing services that exchange companies will provide 24 hours a day to their customers, stressing the speed of completing transactions by government banks and exchange companies that sell dollars to the traveler at Baghdad International Airport as it is limited to a specific time. The statement quoted the governor as saying that the step of opening new outlets at the airport will have positive effects, especially since it takes a short time for the traveler to obtain his share of the dollar, noting that the work of exchange companies at the airport will be monitored by the Central Bank of Iraq and the Civil Aviation Authority, as well as Open bank branches that provide services to customers, including selling foreign currency to travelers. During his visit to Baghdad International Airport, Al-Alaq discussed with the head of the Civil Aviation Authority, Imad Abdul Razzaq Al-Asadi, the strengthening of bilateral cooperation and the ongoing measures to open new outlets at all Iraqi airports, according to the statement.
  12. Dollar prices decline in Baghdad and Erbil with the closure 2023-10-18 09:35 Shafaq News/ Dollar prices decreased in Baghdad, today, Wednesday, and in Erbil, the capital of the Kurdistan Region, with the closure. Shafaq News correspondent said that dollar prices fell with the closure of the Al-Kifah and Al-Harithiya stock exchanges to record 159,800 dinars against 100 dollars, while dollar prices this morning recorded 160,100 Iraqi dinars against 100 dollars. Our correspondent pointed out that selling prices in exchange shops in local markets in Baghdad decreased, as the selling price reached 160,750 Iraqi dinars for 100 dollars, while the purchase price reached 158,750 dinars for 100 dollars. As for Erbil, the dollar also recorded a decline, as the selling price reached 159,850 dinars for every 100 dollars, and the purchasing price was 159,750 dinars for every 100 dollars.
  13. A $100 bill exceeds 160,000 dinars in the markets of Baghdad and Kurdistan 2023-10-18 03:21 Shafaq News/ The exchange rates of the US dollar against the Iraqi dinar rose this morning, Wednesday, in the markets of Baghdad and in Erbil, the capital of the Kurdistan Region. Shafaq News Agency correspondent said that dollar prices rose with the opening of the Al-Kifah and Al-Harithiya stock exchanges to record 160,100 dinars for every 100 dollars, while the prices yesterday, Tuesday, were 158,800 dinars. Our correspondent indicated that the selling prices in the exchange shops in the local markets in Baghdad rose, as the selling price reached 161,000 Iraqi dinars, while the purchasing price reached 159,000 dinars for every 100 dollars. As for Erbil, the dollar also recorded an increase, as the selling price in banking shops reached 160,700 dinars, and the purchase price was 160,600 dinars for every 100 dollars.
  14. More than 70%.. An increase in external remittances for the Central Bank of Iraq auction 2023-10-18 05:44 Shafaq News/ External remittances increased at the Central Bank’s auction, today, Wednesday, by 71% at the expense of cash sales, reaching $150 million. Shafaq News Agency correspondent said, “Today during its auction for buying and selling the US dollar, the Central Bank sold 194 million 877 thousand and 790 dollars, which the bank covered at a base exchange rate of 1,305 dinars per dollar for documentary credits and international settlements for electronic cards, and at a price of 1,310 dinars per dollar for foreign transfers and at 1310 dinars per dollar in cash. Our correspondent added that most of the bank's dollar sales went to strengthening balances abroad in the form of (remittances, credits), which amounted to 150 million, 813 thousand and 890 dollars, an increase of 71%, compared to cash sales of 44 million, 63 thousand and 900 dollars. Our correspondent pointed out that the number of banks that purchased cash dollars reached 6 banks, while the number of banks that responded to requests to enhance balances abroad reached 17 banks, while the total number of exchange and brokerage companies participating in the auction was 41 companies.
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