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yota691

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  1. The meeting of the Council of Arab Ministers of Justice begins in Baghdad Today, 11:50 Al-Ghad Press/Baghdad The meeting of the Council of Arab Ministers of Justice began in the capital, Baghdad, with the participation of 21 countries, and Iraq assumed the presidency of the Council of Ministers for its 39th session. Ministry of Justice spokesman Kamel Amin Hashem said yesterday, Sunday, that “the meeting will witness the presentation of important topics, including the discussion of guiding Arab laws, as well as the move towards joining Arab agreements, memorandums and protocols related to Arab law, judiciary, and judicial work in general.” Hashem added: “Side meetings will also be held outside the work of the meeting with various political parties to support the country in various aspects, whether economic, investment, etc.”
  2. If anyone or a group wanted to actually seek havoc, one or the group wouldn't broadcast the actions before hand.
  3. @opheliak5548 14 hours ago They don't deserve anything from the country they entered illegally. I don't care how desperate they appear to be when we have actual American citizens living in such poverty nowadays. @carlocor3060 3 hours ago Stop allowing them to disrespect our country and our people. Deport, deport, deport. @carmenpereiramercado5190 8 hours ago I'm a born citizen taxpayer and veteran, I don't even have this! How dare them! GTFOH!
  4. A Sudanese advisor reveals the reason for delaying the implementation of the provisions of the political agreement Politics |Today, 13:46 | Baghdad today - Baghdad Today, Sunday (October 15, 2023), Sobhan Mulla Jiyad, advisor to Prime Minister Muhammad Shiaa al-Sudani for political affairs, revealed the reason for delaying the implementation of the paragraphs and clauses of the political agreement on the basis of which the government was formed. Jiyad said in an interview with "Baghdad Today", "Prime Minister Muhammad Shiaa Al-Sudani is serious about implementing all the provisions of the political agreement on the basis of which he formed the current government, and there are advanced percentages in many of the paragraphs and clauses of this agreement." He added, "The delay in implementing the terms and paragraphs of the political agreement was delayed over the past months due to the delay in legislating the budget law, and there is seriousness in implementing all the terms of the agreement during the next stage by Prime Minister Muhammad Shiaa Al-Sudani and with all the paths agreed upon within the state administration coalition." Last Wednesday (October 11, 2023), Advisor to the Prime Minister, Chairman of the Committee for Simplifying Government Procedures, Aqeel Al-Khazali, said that the federal government headed by Prime Minister Muhammad Shiaa Al-Sudani had implemented approximately 60 percent of the political agreement of the state administration coalition. Al-Khazali stated during his hosting of the seventh session of the “Miri” Forum, under the title “The Sudanese Government... Pledges, Progress, and Prospects,” that the political agreement paper, as the comprehensive umbrella that included the blocs of the “State Administration” coalition with all the components of the Iraqi people, of which we implemented a percentage of 59 percent, The government has not been in existence for a full year. He explained, “In the political agreement paper we have 40 main axes, and from this number we conducted steps and sub-stages amounting to 81 sub-axes. Of this number, 48 achievements were achieved in the language of numbers,” indicating that the report exists and will be broadcast on the occasion of the formation of the government on the 27th of the month. Regarding the important laws that the Iraqi government seeks to approve and send to Parliament for legislation, Al-Khazali said, “We have 20 draft laws stipulated in the government curriculum, and the political agreement paper that is an integral part of that curriculum.” He pointed out that 8 draft laws were sent to the House of Representatives, but the oil and gas laws and the Federal Supreme Court received comments from the President of the Republic and the Kurdistan Regional Government, forcing the federal government to withdraw them for reconsideration.
  5. The Baghdad Stock Exchange closes with a decline in dollar exchange rates Economy | 04:23 - 10/15/2023 Baghdad - Mawazine News The Baghdad Stock Exchange closed, with a decline in the exchange rates of the dollar against the Iraqi dinar. The selling price at closing was 158 thousand dinars for every 100 dollars. While the purchase price recorded 156 thousand dinars for every 100 dollars. Ended 29/h
  6. Electricity: Our production has reached 24 thousand megawatts and we are ready for the winter Economy | 09:25 - 10/14/2023 Mawazine News - Baghdad The Ministry of Electricity announced today, Saturday, that its plan for the winter season has entered into force, while confirming the launch of a comprehensive maintenance plan consisting of 5 axes. Ministry of Electricity spokesman Ahmed Moussa said, “After the success of the summer 2023 plan and its successful completion, we reached production rates of 24 thousand megawatts, as there was a clear and tangible improvement as a result of the rapid plan we worked on.” He added, "The Minister of Electricity, Ziad Ali Fadel, instructed a comprehensive maintenance plan for all operating obstetric units, and their entry into an intensive and comprehensive maintenance program for all parts of the units and production stations to prepare for the upcoming winter and summer seasons." He pointed out, "The intensive and comprehensive maintenance program and plan for the obstetric units includes 4 axes, including addressing bottlenecks, establishing transmission lines, installing fixed and mobile conversion stations, and addressing low voltages, including expanding transmission networks and installing power transformers (Auto-E) in all conversion stations." He pointed out that "the Ministry's plan will be comprehensive based on an investigation into all energy transmission networks in Iraq, and there will be complete campaigns to wash lines, stations and insulators to treat expansions, in addition to rehabilitating line paths, rehabilitating feeder paths, completing secondary fixed and mobile stations, rehabilitating distribution networks, treating beams, and taking care." To grant exceptions for heavy water and rainwater drainage stations,” he explained, “The plan was launched last Sunday and the ministry’s staff actually started the plan.”
  7. Parliamentary Finance stresses the necessity of developing packages to control the dollar exchange rates Economy | 03:20 - 10/15/2023 Baghdad - Mawazine News The Parliamentary Finance Committee stressed the necessity of developing packages to confront the challenges facing monetary policy to control the dollar exchange rates. The Media Department of the House of Representatives stated in a statement, which Mawazine News received a copy of, that “the Finance Committee held a meeting, headed by Atwan Al-Atwani and in the presence of members of the Subcommittee (Central Bank and Banking Committee) today, Sunday 10/15/2023, to discuss the report prepared by the Subcommittee.” About the procedures of the Central Bank and private banks, as well as monetary policy in the country.” During the meeting held at the committee’s headquarters, Al-Atwani stressed “the importance of following up on all measures related to economic affairs and automating taxes as they are the basis for money and the economy, in addition to creating a practical and realistic study by the committee in implementation of the supervisory role, to maintain financial and banking stability, as well as the mechanism of dealing.” With monetary policy. The statement added, "The committee discussed at the same time the reasons for the rise in the exchange rates of the dollar against the dinar and the necessity of controlling the labor market and putting it on the right track, as the committee stressed the importance of activating the private sector and inviting investors and merchants to listen to relevant opinions and proposals." He continued, “The Finance Committee listened to the report of the subcommittee on the policy of the Central Bank and private banks and conducted an evaluation of the dealing management and the bank’s tasks in financial trading and developed confrontation packages and challenges facing monetary policy, to control exchange rates, in addition to the issues of granting loans and the housing initiative.” End 29 /h
  8. The Housing Fund opens electronic application for loans money and business Economy News _ Baghdad Today, Sunday, the Housing Fund will begin opening electronic applications for loans at ten in the morning. The Fund stated in a statement that “the application schedule included the governorates of: Baghdad, Diyala, Kirkuk, Anbar, Nineveh, and Salah al-Din, today, Sunday, 10/15/2023, while the governorates of Dhi Qar, Muthanna, and Wasit will be on Monday, corresponding to 16/ 10/2023, and the governorates of Al-Qadisiyah, Babil, and Najaf will be on Tuesday, corresponding to 10/17/2023, while the governorates of Maysan, Karbala, and Basra will be on Wednesday, corresponding to 10/18/2023. The statement called on “citizens to apply directly via the website (https://sreg.site) without going to offices or intermediaries,” stressing that “the application process is easy, simplified and flexible, and any citizen can apply easily.” The Central Bank of Iraq has allocated 6 trillion dinars since 2015 to launch two initiatives for housing loans. The first is a five trillion dinar initiative that went to sectoral banks, which are industrial, agricultural, real estate, and the Housing Fund, and the one trillion dinar initiative went to private banks. At the end of the year 2021, the Central Bank of Iraq decided to increase the housing initiative’s allocations to the Real Estate Bank and the Housing Fund by an amount of (2.6) trillion Iraqi dinars. A number of government banks, especially Al-Rafidain and Al-Rasheed banks, compete to grant numerous and varied loans according to mechanisms and instructions that may sometimes be strict, while some citizens suffer from difficulty in obtaining these loans compared to countries of the world, where these loans are often directed towards the optimal investment for them. Iraq is suffering from a stifling housing crisis due to the increase in the population of Iraq compared to the number of residential complexes, in addition to the inability of citizens with limited income to build their own housing unit due to the high cost of land and construction materials. Views 102 Added 10/15/2023 - 7:59 AM
  9. Iran threatens "military intervention" against Israel within the ongoing conflict in Palestine Arab and international |Today, 15:36 | Baghdad today - follow-up Iranian Foreign Minister Hossein Amir Abdollahian announced today, Sunday (October 15, 2023), informing the Zionist entity through its supporters that if its crimes in Gaza do not stop, tomorrow will be too late, while he indicated that if stopping the aggression against Gaza does not succeed, the war fronts will expand. It is not excluded and its probability increases every hour. Al-Lahiyan stated in press statements followed by “Baghdad Today” that “we hope that political efforts will prevent the war from expanding, otherwise no one knows what will happen in the next hour, and Iran cannot remain a spectator regarding this situation.” He added, "During my meeting in Lebanon, I learned from Hassan Nasrallah that all scenarios were put on the table, and if America and Israel do not stop this policy, the scope of the war cannot be stopped." The Iranian minister continued, "For the resistance, the issue of prisoners in Gaza is a red line, but it is studying the issue of civilian prisoners," pointing out that "the continuation of the aggression and the absence of a political solution add fuel to the fire and things may get out of control." He added, "The region and its actors will not remain spectators. Hezbollah has identified all stages of the red lines and will take appropriate measures at every stage. I say to the Zionists, if you want war, fight the military, not the women and children." Source: Al Jazeera
  10. The dollar continues to decline against the dinar in Baghdad markets and money exchanges Economy |Today, 10:31 | Baghdad today - Baghdad Today, Sunday (October 15, 2023), the exchange rates of the US dollar witnessed a slight decline against the Iraqi dinar in the markets and exchange offices of the capital, Baghdad. The "Baghdad Today" correspondent said, "Sale prices recorded today 160,750 Iraqi dinars for every 100 US dollars, while purchase prices recorded 158,750 Iraqi dinars for every 100 US dollars in markets and money exchanges in Baghdad." While selling prices recorded yesterday, Saturday (October 14, 2023), 161,500 dinars per 100 dollars, while the purchase price reached 159,500 dinars per 100 dollars in Baghdad.
  11. Stability in the exchange rate is achieved through comprehensive financial and banking reform Articles Samir Al-Nusairi In light of our follow-up to the measures of the Central Bank and the government to control the stability of the exchange rate, we clearly and accurately noticed that there is an organized lobby working against achieving monetary stability, led and implemented by multiple parties linked to speculators and corrupt people who have a special agenda to weaken the national economy and harm it by fabricating news, media statements and economic analyses. It is incomplete and transforms it from reassuring news for the market and citizens into news that confuses the market and creates panic among citizens, and this is what is actually happening now. Which requires clarification here. Almost ten years ago, especially after the financial and security shocks in mid-2014, the culture of relying on the Central Bank to confront economic and financial crises and challenges took root. This was done by using its means and tools related to monetary policy to overcome the government’s lack of liquidity, its inability to pay salaries, and the failure to implement... Its government programs rely on foreign monetary reserves, which in reality are not the government’s reserves, but rather the central bank’s reserves to control the stability of the exchange rate according to the target, cover the local currency in circulation, and cover imports. Because of these accumulated crises, the central bank was previously forced to lend to the government up to 46 trillion dinars during the past years. None of it has been paid so far, which has reflected in this policy exposing the national economy to complex problems. The solution is always the central bank, and it is also held responsible for the problems of other concerned parties, which is not its primary role, as it is not responsible for the deficit in non-oil revenues, the deficit in the balance of payments, and the deficit in... The trade balance is not responsible for the rise and fall of global oil prices. Therefore, the obligatory cash reserve rose and fell due to these wrong policies that were not based on clear and specific economic strategies and approaches. Therefore, the return of stability in the exchange rate to its rates targeted by the Central Bank is achieved with the support of the concerned authorities in the government by activating other productive sectors and reforming the financial and banking sector. And drawing up clear financial policies and in coordination with monetary policy and its currently approved applications and tools, and overcoming the challenges of achieving economic stability, which means achieving stability in the financial system and the monetary system. This is not only the duty of the central bank alone, but rather it is a fundamental duty of financial policy and the government’s methodology in managing the economy and activating sources of national income without Oil, supporting, protecting and encouraging local production, activating dealing in the Iraqi dinar in all internal monetary trading activities, and expanding the use of electronic payment methods whenever possible. The expectations of the Central Bank and specialists that the exchange rate will return to a stable state requires time, which we hope will not be long, despite the daily and new procedures adopted by the Central Bank in issuing packages and instructions and taking daily executive measures for the purpose of finding facilities and openness to all segments that need the US dollar in foreign transactions at the official rate. He concluded a series of negotiations and agreements with the US Treasury, the US Federal Reserve, and some international correspondent banks to regulate foreign trade with China, India, Europe, the Emirates, and Turkey, and to adhere to the standards of international banking transactions. We affirm that the criterion adopted and confirmed by the Central Bank and specialists in achieving this is the availability of cash reserves of foreign currency exceeding 100 billion dollars and the continued flow of dollar revenues from oil sales on a daily basis in accordance with the quantities planned to be marketed in 2023 and at the prices of the product that are expected to continue at their current limits, or as energy experts expect that Prices exceed $100 at the end of this year. 98 views Added 10/15/2023 - 10:55 AM
  12. Erbil: Withdrawing the dollar via ATM machines stopped by a decision of the Central Bank 2023-10-14 | 21:53 Erbil – 964 A number of Erbil residents were surprised, on Saturday, by the stopping of the ATMs, which were designated for withdrawing US dollars, in several areas, including the “Empire” complex, which witnesses a large presence of foreign expatriates. 964 Network Banking Source: We are committed to the Central Bank’s decision issued 3 months ago, which prevents banks from granting dollars via ATM machines, and we have observed a commitment from other banks. 964 Network sources : There are banks that still issue dollars via ATM machines, and they are subject to stopping at any time.
  13. Parliamentary Finance stresses the necessity of developing packages to control the dollar exchange rates 10/15/2023 34 Baghdad/Al-Mawrid News The Parliamentary Finance Committee stressed the necessity of developing packages to confront the challenges facing monetary policy to control the dollar exchange rates. The Media Department of the House of Representatives stated in a statement , “The Finance Committee held a meeting, headed by Atwan Al-Atwani and in the presence of members of the Subcommittee (Central Bank and Banks Committee) today, Sunday 10/15/2023, to discuss the report prepared by the Subcommittee on the procedures of the Central Bank and private banks as well as On monetary policy in the country. During the meeting held at the committee’s headquarters, Al-Atwani stressed “the importance of following up on all measures related to economic affairs and automating taxes as they are the basis for money and the economy, in addition to creating a practical and realistic study by the committee in implementation of the supervisory role, to maintain financial and banking stability, as well as the mechanism of dealing.” With monetary policy. The statement added, "The committee discussed at the same time the reasons for the rise in the exchange rates of the dollar against the dinar and the necessity of controlling the labor market and putting it on the right track, as the committee stressed the importance of activating the private sector and inviting investors and merchants to listen to relevant opinions and proposals." He continued, "The Finance Committee listened to the report of the subcommittee on the policy of the Central Bank and private banks and conducted an evaluation of the dealing management and the bank's tasks in financial transactions and developed confrontation packages and challenges facing monetary policy, to control exchange rates, in addition to the issues of granting loans and the housing initiative."
  14. Hosted by Al-Sudani, the coordination framework discusses the political situation in Iraq and the possibility of supporting Gaza 2023-10-14 11:51 Shafaq News/ An early political source reported on Saturday that a coordination framework meeting was held (which includes the Shiite forces, with the exception of the Sadrist movement), in which the latest developments in Iraq and the war in Gaza were discussed. The source told Shafaq News Agency: “The leaders of the coordination framework are currently meeting, hosted by Prime Minister Muhammad Shiaa Al-Sudani, to discuss the latest political and security developments in Iraq.” The source pointed out that "the meeting will discuss the possibility of providing more support to Gaza in its war against Israel."
  15. Arab Ministers of Justice from Baghdad: Iraq has regained its leading role in the region 2023-10-15 08:18 Shafaq News/ Arab ministers counted, on Sunday, Iraq’s hosting of the meetings of the Council of Arab Ministers of Justice as a restoration of Iraq’s pioneering role in the Arab region. The Prime Minister of the Moroccan Arab Council of Justice, Abdel Latif Wehbe, said during a press conference held after the end of the executive meeting, attended by a Shafaq News Agency correspondent, that Iraq’s hosting of this conference brought it back to the Arab ranks, and tomorrow the meeting will be successful, and we confirm that Iraq has the ability to manage the meetings, calling on everyone to work for the rights of the Arab League. Citizens in the Arab world. For his part, Libyan Minister of Justice Halima Ibrahim said, during the conference, that Iraq is our second country, and hosting this session indicates authenticity and seriousness, and we stress from this platform the necessity of exchanging experiences and information in all legal fields and protecting human rights. We look forward to increasing activation, memorandums of understanding, and the exchange of prisoners between countries. Arabic and visiting their families. In turn, Iraqi Minister of Justice Khaled Shawani said, during the conference, today we hosted the meeting of the Executive Office of Arab Ministers in preparation for holding the 39th session of the Council of Arab Ministers of Justice, and I am very pleased and honored to welcome my fellow ministers of justice and happy with the high-level attendance, stressing that tomorrow other ministers will attend in addition to the attendance. Secretary-General of the Arab League, which indicates the importance of Baghdad to our Arab brothers and the importance of Iraq restoring its role in the Arab and regional environment and the international community. Shawani added that the meeting will be aimed at further settling Arab relations, concluding bilateral agreements, and confronting the upcoming challenges regarding developments taking place at various levels. Today, Sunday, October 15, 2023, the meeting of the Executive Office of the Council of Arab Ministers of Justice began in the capital, Baghdad, in preparation for the ministers’ meeting in the 39th session, and the meeting voted on an agenda that includes 6 items.
  16. Baghdad hosts a meeting of Arab justice ministers 2023-10-15 05:48 Shafaq News/ The meeting of the Executive Office of the Council of Arab Ministers of Justice began in the capital, Baghdad, on Sunday, in preparation for the ministers’ meeting in the 39th session. The meeting voted on an agenda that included 6 items. Iraqi Minister of Justice Khaled Shwani said during the meeting, “We welcome the Arab ministers of justice to their second country, Iraq, and we look forward to the meeting coming out with recommendations and decisions that enhance judicial cooperation and Arab relations within the scope and work of the Council of Arab Ministers of Justice.” He added, "We are holding this meeting while our region is passing through the sensitive Gaza Strip," expressing "condolences to the families of the victims of the disasters that occurred in Morocco and Libya."
  17. External remittances increased by 61% in the Central Bank of Iraq auction 2023-10-15 05:45 Shafaq News/ External remittances increased at the Central Bank of Iraq auction by 61% on Sunday, at the expense of cash sales, to reach 139 million dollars. Shafaq News Agency correspondent stated that the Central Bank, in today’s auction for buying and selling the US dollar, sold 193 million and 925 thousand and 190 dollars, which it 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 a price 1310 dinars per dollar in cash. Our correspondent added that most of the dollar sales went to strengthen balances abroad in the form of transfers and credits, which amounted to 139 million 925 thousand and 190 dollars, an increase of 61% over cash sales amounting to 54 million 890 thousand dollars. He pointed out that the number of banks that purchased cash dollars reached five banks, while the number of banks that responded to requests to enhance balances abroad reached 20 banks, while the total number of exchange and brokerage companies participating in the auction was 54 companies.
  18. The Middle East conflict sends shock waves through global markets 2023-10-15 03:21 Shafaq News/ Economic experts and analysts expect that global markets will witness more ripple effects from the conflict in the Middle East, and they are monitoring the situation to see if the conflict will attract other countries that can raise oil prices, which will push the flow of capital to safe assets. Israel continues to prepare for a ground invasion of the Gaza Strip, which is run by the Palestinian Islamic Resistance Movement (Hamas), after asking the residents of Gaza City to evacuate and head south. At the same time, the Israeli National Security Advisor warned the Lebanese Hezbollah group against igniting a war on a second front. “It appears we are headed toward a large-scale ground invasion of Gaza and significant loss of life,” said Ben Cahill, senior research fellow in the Energy Security and Climate Change Program at the Center for Strategic and International Studies. “Any time a conflict of this magnitude erupts, there will be a market reaction.” Over the past week, the impact of fears related to the conflict appeared in asset prices, which contributed to the decline in stocks on Friday, and the US Standard & Poor’s index fell by 0.5 percent. As for safe haven assets, they witnessed buying waves, as gold rose more than three percent on Friday, and the US dollar touched its highest level in the past week. week. Oil prices jumped about six percent on Friday as investors anticipated the impact of the conflict on supplies from neighboring countries in the world's largest oil-producing region. “If it turns out that the conflict is expanding, oil prices will rise even more,” said Michael Englund, chief economist at Action Economics in Colorado. Bernard Baumol, chief international economist at the Economic Outlook Group in Princeton, New Jersey, suggested that the expansion of the conflict would also cause inflation to rise and thus accelerate the pace of interest rate hikes around the world. But he pointed out that the United States may be the exception to this scenario because foreign investors will pump their capital into what they consider a safe haven during global conflicts. He said about what might happen in the United States, “Interest rates may fall... and we expect the dollar to rise.” Other types of fuel may also be affected. For example, in light of the latest developments, Chevron announced the cessation of natural gas exports through a major pipeline that passes under the sea between Israel and Egypt. “The biggest risk to the oil market is that this conflict attracts neighboring countries,” said Cahill of the Center for Strategic and International Studies. Analysts ruled out that the rise in oil prices would have a significant impact on gas prices in the United States or consumer spending. “Consumers are unlikely to feel a significant impact on gas prices any time soon,” Englund said. Reuters
  19. Decrease in dollar prices against the Iraqi dinar in Baghdad markets Time: 10/15/2023 10:32:56 Read: 5,603 times {Economic: Al-Furat News} The price of the dollar fell, today, Sunday, in Baghdad markets. The prices were as follows.. The selling price was 160,750 Iraqi dinars, while the purchase amounted to 158,750 dinars per 100 dollars.
  20. The Central Bank expands its steps to stop the runaway dollar Economical 10/15/2023 Baghdad: Haider Falih Al-Rubaie and Shukran Al-Fatlawi Economic affairs specialists welcomed the Central Bank’s steps aimed at undermining the dollar and limiting its continued rise, stressing that the monetary authority’s decision to open exchange offices in four local airports is sufficient to absorb the momentum on banks that sell the dollar to travelers, and to limit the rise of the green currency in the parallel market. . In a step aimed at reducing the “climbing” of the foreign currency, whose exchange rate reached 160,000 dinars per 100 dollars, the Central Bank issued a decision requiring the opening of exchange offices at the airports of Baghdad, Basra, Najaf, and Erbil, with the aim of facilitating the mechanism for travelers to obtain the dollar, but specialists Others believe that these steps are “temporary” and cannot address the imbalance from its roots, calling for the necessity of taking strict economic decisions that would put an end to what they described as the “escape” of the dollar. Economist Dr. Nabil Al-Marsoumi told “Al-Sabah”: One of the most prominent criticisms directed at monetary policy in Iraq several months ago relates to the inability to meet travelers’ requests for the dollar that the Central Bank allocated to each traveler abroad, amounting to three thousand dollars. The Al-Marsoumi expert pointed out that the difficulty of travelers obtaining dollars led some of them to sometimes spend the night at the gates of offices and banking companies, and a large portion of travelers did not receive their share in the end of the dollars allocated to them by the Central Bank, so the Central Bank’s final and final step is... By opening exchange offices in four airports, it can achieve great success if the process is implemented correctly. Al-Marsoumi believes, “If the recent Central Bank decision succeeds in providing continuous dollar cash to travelers, this will eliminate one of the most important problems that the Iraqi traveler suffers from, as well as putting an end to the smuggling of a large portion of travelers’ dollars,” noting that the issue It is not only related to location, but also to the extent of the ability of the central bank and banking companies to provide continuous, uninterrupted liquidity. In turn, the economic affairs specialist, Fouad Al-Hasani, pointed out that “the central bank is the body responsible for treating and managing exchange rates in the economy, as central banks play a decisive role in determining monetary policy and prices and regulating the monetary market, in addition to carrying out many activities to address exchange rates.” “Which includes setting the exchange rate and implementing an open market policy that enables central banks to regulate exchange markets by holding auctions or providing liquidity to the market with the aim of improving currency stability.” Al-Hassani also pointed out the ability of central banks to adjust interest rates and determine banks’ mandatory reserve requirements to influence exchange rates, as well as applying regulatory measures to monitor and control exchange activities and combat illegal operations.
  21. Tomorrow.. the start of the meeting of the Council of Arab Ministers of Justice in Baghdad The first 10/15/2023 Baghdad: Jinan Al-Asadi Tomorrow, Monday, Baghdad will host, for the first time, the 39th session of the Council of Arab Ministers of Justice with the participation of 21 countries. Ministry of Justice spokesman Kamel Amin Hashem told “Al-Sabah”: The opening speech at the meeting will be given by the head of the previous 38th session, Moroccan Minister of Justice Abdel Latif Wehbe, and then the president of the conference, Minister of Justice Khaled Shawani, will take over the duties, and then there will be a speech by the delegation of the Kingdom of Saudi Arabia. Who heads the Executive Office at its 72nd session, and whose meeting will be held today, Sunday, in the presence of eight countries, in addition to the participation of Iraq, as the agenda for the meeting and all the papers that will be presented will be approved. Amin explained that the meeting will witness the presentation of important topics, including the discussion of guiding Arab laws, in addition to We are moving towards joining Arab agreements, memorandums and protocols related to Arab law, judiciary and judicial work in general. Side meetings will also be held outside the work of the meeting with various political parties to support the country in various aspects, whether economic, investment or others.
  22. A system for transferring documents by e-mail The first 10/15/2023 Baghdad: Omar Abdul Latif The General Post and Savings Company in the Ministry of Communications intends to implement a project to transfer documents electronically. The company’s Assistant Director General for Administrative and Financial Affairs, Ibrahim Khudair Aziz, said in an interview with “Al-Sabah”: “The company has a new contract to transfer documents related to citizens that need to be reviewed by the Ministries of Interior and Foreign Affairs,” noting that “the citizen will be able to issue a car annual report.” Or a driver’s license, passport, or certification of an educational document through postal outlets that will be equipped with an approved electronic system.” Aziz revealed that “the company’s board of directors decided to reduce postal parcel fees compared to neighboring countries and other countries,” pointing out that “private sector companies can send the study document to any European country at a cost of up to about 5 times through government mail, to arrive in a competitive time.” There is an increasing demand by citizens for these services.” He continued, "The company has 12 postal offices that provide parcel service in Baghdad, and other offices in the governorates, and there is an intention to increase them during the next stage." Aziz explained, “The company has started the electronic payment service since last June after contracting with companies licensed by the Central Bank in implementation of the decisions of the Council of Ministers, as well as the intention to contract with a company to pay the salaries of state employees through post offices, as there are 276 postal outlets, and these outlets It is equivalent to the outlets of Al-Rashid and Al-Rafidain banks combined.” The Assistant Director General for Administrative and Financial Affairs at the company complained, “The competition of private sector companies for Iraqi postal services, even though some of them are not licensed at all, in addition to citizens using passenger means of transport to deliver what they need to the governorates, which is in violation of Iraqi law, while sending these materials via The mail route is safer and better than using this method.”
  23. Evening list of exchange rates The Baghdad dollar calms down again at 160, and anticipation of the return of the banks on Sunday.. What will happen? 2023-10-13 | 19:23 Baghdad – 964 The exchange rates of the US dollar, Friday evening, remained stable near the level of 160,000 Iraqi dinars for each $100 note in exchange offices in various areas of Baghdad, with demand remaining low for purchasing large quantities of foreign currency, while fears remain of rising prices with the beginning of... Week and the banks return to work. Exchange rates in Baghdad areas The dollar exchange rates in a number of Baghdad areas were as follows: Shorja - the struggle Sale: 160,000 Purchase: 159,000 beautiful Sale: 162,000 Purchase: 158,000 Harithiya Sale: 161,000 Purchase: 159,000 Al-Mansour Sale: 162,000 Purchase: 158,000
  24. Deputy expects the dollar to decline within a few days 2023-10-13 10:47 Shafaq News/ The representative of the State of Law coalition, Arif Al-Hamami, expected today, Friday, that the exchange rate of the US dollar against the Iraqi dinar will decrease during the next few days. Yesterday, Thursday, the dollar prices were recorded at the Al-Kifah and Al-Harithiya stock exchanges, 160,400 dinars for 100 dollars, according to Shafaq News Agency correspondent, while the selling price in the exchange shops in the local markets in Baghdad reached 161,500 Iraqi dinars, while the purchase amounted to 159,500 dinars for every 100 dollars. As for Erbil, the selling price of the dollar in banking shops was 160,400 dinars, compared to 100 dollars, and the purchase price was 160,300 dinars, compared to 100 dollars. Al-Hamami said in an interview with Shafaq News Agency, “The State of Law bloc seeks in all ways and urges the government to take the necessary measures to reduce the exchange rate of the dollar, because of its direct impact on the people, especially the poor and middle classes.” Al-Hamami confirmed that “there are ongoing communications with the government, the Central Bank, the Prime Minister’s Office, and the Parliamentary Finance Committee in this regard.” He added, "Government measures are continuing to reduce the dollar, including preventing smuggling outlets and opening outlets to sell the dollar at airports, but there are external circumstances that put pressure on the government, and the global situation also has an impact on the status of the dollar in Iraq." He explained, "Previously, the dollar rose more than the current price and then fell again, so we hope that the dollar exchange rate will decrease during the next few days."
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