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The International Monetary Fund lowers its expectations for global economic growth in 2024 Yesterday, 16:09 Al-Ghad Press/Follow-up The International Monetary Fund maintained its global growth forecast at 3% for the current year and expects growth of 2.9% in 2024, despite indicators of weakness recorded in several major economies, according to data published on Tuesday on the occasion of its annual meetings. The Fund still expects global growth of 3% in 2023 and slightly less in 2024 at 2.9%, a slight decline (-0.1%) compared to its previous estimates issued in July. But he raised his expectations for the US economy with growth of 2.1% this year and 1.5% in 2024. On the other hand, the second largest global economy will record growth in its gross domestic product by 5% in 2023 and 4.2% next year, according to what the International Monetary Fund’s quarterly forecasts showed, meaning a decline of 0.2% and 0.3%, respectively, compared to July forecasts. As for Germany, it records the most worrying indicators, with a recession that is becoming clearer this year with -0.5% and wider than expected, and then a weak recovery next year with 0.9%, while the International Monetary Fund had expected a better performance in July. The Fund warned of risks to the performance of the global economy, including the real estate crisis in China, continued high inflation rates, and an increase in the debt burden in some countries.

Al-Sudani: Iraq is ready to join BRICS if it receives an invitation from the founding countries Today, 14:03 Al-Ghad Press / Baghdad Today, Wednesday, Prime Minister Muhammad Shiaa Al-Sudani expressed Iraq's readiness to join the BRICS group, if it receives an invitation from the founding countries. Al-Sudani said in a statement to Russia Today channel, during a dialogue session with representatives of the Iraqi community in Moscow, that Iraq "is ready to join the BRICS group, if it receives an invitation from the founding countries." Al-Sudani added, "Iraq understands the role played by the group and is aware of the conditions and specifications for joining it." Al-Sudani indicated that he discussed with Russian President Vladimir Putin a wide range of economic issues, "including the use of the Iraqi dinar and the Russian ruble in commercial transactions between the two countries." He stressed that he was "grateful" for Russia's principled position on the Palestinian issue, noting that he discussed this issue with Putin "in depth and out of concern for the lives of civilians." Al-Sudani revealed that "Iraq is in the process of studying a project to open an Iraqi cultural center in the Russian capital, Moscow, based on the deep historical relations that bind the two countries, which will reach its eightieth anniversary next year since the establishment of diplomatic relations between Moscow and Baghdad."

Sudanese from Moscow: We are continuing to implement reforms that achieve people’s ambitions Today, 13:08 Al-Ghad Press/Baghdad Prime Minister Muhammad Shiaa Al-Sudani confirmed on Wednesday that the government is moving forward with implementing economic, administrative and service reforms that “will be touched by the Iraqi street and fulfill the people’s ambitions.” Al-Sudani’s office stated in a statement received by Al-Ead Press, “Prime Minister Muhammad Shia’ Al-Sudani met today, Wednesday, with a group of the Iraqi community residing in Russia, on the sidelines of his official visit to the Russian capital, Moscow, at the invitation of Russian President Vladimir Putin.” . The statement added that the Sudanese "listened during the meeting to a comprehensive presentation on the conditions of the Iraqi community, the progress of their affairs, their requirements, and the most important obstacles and difficulties they face in their residency." Speaking to community elites, Al-Sudani stressed, “The government is moving forward with implementing economic, administrative, and service reforms that will touch the Iraqi street, and will fulfill the people’s ambitions and what they expect from the government.” He pointed out "the importance of the contribution of Iraqi competencies, wherever they are, to building Iraq and achieving the desired progress," expressing "the government's welcome to embrace all those who wish to contribute to development and reform." He stressed that "the government is committed to supporting Iraqi citizens everywhere, and is keen to facilitate their affairs, provide them with all administrative services, and take care of their affairs."

Iraq and Russia call for a ceasefire in the Palestinian-Israeli “conflict” area Yesterday, 19:11 Al-Ghad Press/Baghdad Russian Foreign Minister Sergei Lavrov and Iraqi Deputy Prime Minister and Foreign Minister Fuad Hussein called today, Tuesday, during talks in Moscow for a ceasefire in the Palestinian-Israeli conflict zone as soon as possible . A statement by the Russian Foreign Ministry, followed by Al-Ghad Press, said: “Lavrov and Hussein stressed the need to take urgent measures in order to bring about a ceasefire as quickly as possible, which will allow to avoid new casualties and provide the necessary assistance to civilians affected by the hostilities.” The statement added: “ Calling on all parties concerned to intensify their efforts to ensure the conditions for the rapid resumption of a full negotiation process between the Palestinians and the Israelis, the result of which must be the establishment of an independent Palestinian state within the 1967 borders, coexisting in peace and security with Israel.

Sudanese Advisor: The Prime Minister's visit to Moscow addresses issues of world peace and energy Yesterday, 18:10 Al-Ghad Press/Baghdad The political advisor to the Prime Minister, Fadi Al-Shammari, confirmed today, Tuesday, that the visit of Prime Minister Muhammad Shiaa Al-Sudani to Russia addresses important issues related to world peace and the energy file. Al-Shammari said in a statement received by Al-Ghad Press, “The first official visit of the Iraqi Prime Minister will take place during which Russian-Iraqi discussions will be held to discuss political, security and economic files and discuss bilateral relations between the two countries .” He added, "The summit meeting between the two presidents included a group of strategic issues related to world peace, the energy file, and Iraq's commitment to settling debts and related financial obligations, given their impact on Iraq's credit rating ." Al-Shammari pointed out, “President Putin expressed his aspiration to discuss security in the Middle East region and security issues that enhance Iraqi internal security, and Moscow affirmed its support for the development road project that connects the ports of the Middle East with Turkey and Europe through a network of roads, railways and energy infrastructure, and support for the diversification of... Iraq's economy to reduce its heavy dependence on the oil sector . He stressed, "The visit will include discussing oil and gas files, as cooperation in this sector is one of the most important axes of the economic partnership between the two countries ." Al-Shammari stated, “The dangerous developments of the current events in occupied Palestine were discussed, and Iraq called on Russia to call on the permanent members of the Security Council to take urgent action and stop the ongoing attacks on the Palestinian territories and the targeting of civilians there. ” Al-Shammari warned that “oil, gas and energy issues are at the top of the agenda of the discussions, given what Iraq and the Russian Federation represent as the largest oil-producing countries in the world and their impact on the stability of the oil market and its repercussions on global stability. ” Al-Shammari concluded, "Russia affirmed its position in support of Iraq's stability and enhancing the investment environment and economic growth in the country. In addition, the cooperation of the two countries can contribute to diversifying Iraq's economy and achieving greater sustainability in the future."

Plasschaert praises the Sudanese government's steps before the United Nations: Its efforts are promising Yesterday, 17:17 Al-Ghad Press/Baghdad The United Nations Representative in Iraq, Jeanine Plasschaert, announced today, Tuesday, that the Iraqi government has taken important steps in reforming the financial and banking sector . During her briefing to the Security Council on developments in Iraq, and followed by Al-Ghad Press, Plasschaert said, “The government of Prime Minister Muhammad Shiaa al-Sudani has presented important steps and promising initiatives within a year of its formation. ” She added, "The Iraqi government has taken important steps in reforming the financial and banking sector, and Iraq is now in a position to seize opportunities ." She indicated that "the Iraqi government has taken steps in the budget that allow for an increase in private sector investments," noting that "Iraq has made efforts to secure its borders with Iran, and we welcome the continued efforts to activate bilateral committees between Iraq and Turkey. " Regarding Khor Abdullah, the UN envoy said, “The Iraqi government has made clear beyond doubt its commitment to the principles of international law and its respect for bilateral agreements and United Nations resolutions,” stressing that “Iraq is committed to its positive relations with its neighbors. ” Plasschaert noted, "The Iraqi government has placed achieving water security as one of its top priorities ." At the conclusion of Plasschaert's briefing, Security Council members are likely to praise "the efforts of the Iraqi government during its first year in power, and welcome the relative political stability it has maintained and the progress it has achieved in developing its government's programme, including approving the budget and setting the date for local elections," according to a previous statement. Today, Tuesday, the UN Security Council.

Al-Sudani from Moscow: Palestine is subjected to devastating indiscriminate bombing and we are facing an uprising Yesterday, 15:15 Al-Ghad Press / Baghdad Today, Tuesday, Prime Minister Muhammad Shiaa Al-Sudani denounced the violent indiscriminate bombing of the Palestinian territories, in the wake of the repercussions of the “Al-Aqsa Flood,” while noting that the Palestinian people are witnessing “an uprising against the Zionist entity.” Al-Sudani said during a joint press conference with Russian President Vladimir Putin in Moscow, "Our visit to Russia came at a sensitive time due to the serious challenges the region is witnessing." Al-Sudani added, "There is indiscriminate, devastating bombing on Palestine, and we are facing an uprising witnessed by the Palestinian people against the Zionist entity." Al-Sudani renewed "Iraq's thanks to Russia for their support during the war with the terrorist ISIS," pointing out that "our visit to Moscow comes to develop and strengthen relations between Iraq and Russia."

The Board of Directors of the Center for Banking Studies holds its second meeting for the year 2023 October 11, 2023

The central bank sells more than $199 million in currency auction Drains Economy News - Baghdad On Tuesday, the Central Bank of Iraq’s sales in the foreign currency sales window amounted to more than 199 million dollars. The Central Bank’s website published its dollar sales schedule, which Al-Iqtisad News reviewed. It included the participation of 30 banks and 115 exchange companies, and foreign transfer requests covered $172.5 million, while cash requests amounted to more than $26.5 million. The Central Bank of Iraq sells the dollar for documentary credits and international settlements for electronic cards at a price of 1,305 dinars per dollar, for every dollar for documentary credits and international settlements for electronic cards, at a price of 1,310 dinars per dollar for external transfers, and at a price of 1,310 dinars per dollar in cash. Views 85 Added 10/10/2023 - 1:01 PM

Central Bank Governor: We are putting the final touches to the lending strategy money and business Economy News - Baghdad Central Bank Governor Ali Al-Alaq confirmed today, Monday, the final touches to the lending strategy. The Ministry of Foreign Affairs stated in a statement received by “Al-Iqtisad News” that “Deputy Prime Minister and Foreign Minister Fouad Hussein chaired today the thirtieth session of the Ministerial Council for the Economy, in the presence of the Deputy Prime Minister and Minister of Planning, the Ministers of Finance, Industry, Trade, Labor and Social Affairs, the Secretary-General of the Council of Ministers and the Governor The Central Bank, Chairman of the National Investment Authority, and Advisor to the Prime Minister for Legal Affairs.” She added, “The Council discussed the items on its agenda and took appropriate decisions regarding them. The Council also hosted the Undersecretary of the Ministry of Agriculture and the Prime Minister’s Advisor, two members of the special committee to study the methods of support provided to the agricultural sector and the possibility of their sustainability in light of the water and financial situation, and to benefit from global experiences and modern methods of irrigation, agricultural mechanization, and support.” Strategic agricultural crops. She continued, "The Council also discussed the recommendations of the committee formed to support private banks in order to advance the work of these banks to be an important part of the Iraqi economy." The Governor of the Central Bank indicated, according to the statement, that “the bank is putting the final touches to the lending strategy, and is continuing to implement decisions related to electronic payment.” The Ministry confirmed, “Given the importance of the wastewater treatment unit project to preserve the environment, reduce pollution, and contribute to increasing the life of production machines and protecting them from damage, the Council decided to change the method of implementing this project to contribute to accelerating its completion.” Views 97 Added 10/09/2023 - 2:12 PM

Putin reveals the size of Russian investments in Iraq money and business Economy News - Baghdad Russian President Vladimir Putin revealed the size of major investments by Russian companies in Iraq. The Russian President's statement came during discussions held Tuesday in Moscow with Prime Minister Muhammad Shiaa al-Sudani, who arrived in the Russian capital earlier today. Putin indicated that Moscow and Baghdad are successfully coordinating work within the framework of “OPEC+” with the aim of achieving stability in global energy markets. He said: “We are coordinating work within “OPEC+” and we are doing so with great success with the aim of achieving stability of the situation in global markets, and I hope that we will continue. In working with this approach. Regarding the size of Russian investments in Iraq, Putin said, "Our major companies operate in your country (Iraq) with great success. The total investments of our companies amounted to about 19 billion dollars. There are prospects for further development of cooperation." Views 49 Added 10/10/2023 - 4:22 PM

Putin to Sudanese: The energy sector is a promising field for further cooperation energy Economy News - Baghdad Prime Minister Muhammad Shiaa Al-Sudani met on Tuesday with Russian President Vladimir Putin, as part of his official visit to Moscow, which he arrived this morning in response to an official invitation. Al-Sudani's office stated in a statement, "During the meeting, an expanded meeting was held that included the official Iraqi delegation and the Russian side, which dealt with bilateral relations between the two countries, and mechanisms for enhancing joint cooperation in various vital fields, most notably the energy file, and the development of the oil industries sector, as well as discussing the presence of... Russian oil companies in Iraq, which is witnessing a major movement in the field of investment, within the government’s vision and strategy to advance the Iraqi economy and diversify its resources.” The meeting witnessed, according to the statement, “discussing a number of regional and international issues of common interest, and discussing the dangerous developments of current events in the occupied Palestinian territories, as the Prime Minister affirmed Iraq’s firm position on the Palestinian issue, which affirms the right of the Palestinian people to live in dignity and justice, Calling on Russia to take urgent action with the permanent members of the Security Council to stop the ongoing attacks on the Palestinian territories. For his part, the Russian President pointed to “the depth of the historical relations that bring together the two friendly countries,” noting that “the energy sector is a promising and open field towards more fruitful and effective cooperation.” Putin also welcomed "the Sudanese participation in the sixth session of the Russian Energy Week Forum scheduled to be held tomorrow, which represents an important opportunity to expand the horizons of the partnership between the two countries in developing the energy, oil and gas sectors." Views 26 Added 10/10/2023 - 3:39 PM

The Council of Ministers approves a number of economic decisions The Council of Ministers headed by Muhammad Shiaa Al-Sudani Today, Monday, the Council of Ministers voted on a set of decisions and recommendations presented on the session’s agenda. In the field of the government’s efforts to solve the housing crisis, which was the top priority of its program, the Council of Ministers agreed to refer the projects of four new residential cities to specialized foreign and local companies, in accordance with recommendations. The ministerial team formed pursuant to Cabinet Resolution (23121) of 2023, which is: -New Al-Jawahiri City in Baghdad Governorate. -The city of New Bank of Karbala in Karbala Governorate. -The new city of Al-Ghazlani in Nineveh Governorate. -The new city of Al-Janain in Babylon Governorate. The Council of Ministers approved that 15% of housing units be for the state, which is the first time that a percentage of housing units has been allocated, as part of the requirements for implementing government plans to solve the housing crisis. The Council of Ministers also decided that the prices of units in the aforementioned new cities should be fixed and not subject to bidding or trading, by not allowing the investor to sell more than 1% of the housing units to any other company or individual, to ensure that their prices do not rise. In the field of supporting the efforts of the Ministry of Interior to raise the readiness of the Civil Defense Directorate, the Council of Ministers decided to add the allocation of 25 billion dinars, from the Ministry of Finance to the Ministry of Interior from the emergency reserve, to the investment budget of the Civil Defense Directorate, to enable it to build 100 civil defense centers at a low cost, in a manner Direct implementation, at a price of 250 million dinars for the centre, as an exception to the contracting methods stipulated in the Government Contracts Implementation Instructions No. 2 of 2014, and the controls attached thereto. The Council also approved the Ministry of Finance’s allocation of an amount of 25 billion dinars to the Ministry of Interior for the purpose of purchasing fire trucks with all their equipment, from the emergency reserve, based on the Federal General Budget Law for the years (2023-2024-2025), and from international origins, and works on spraying water and foam. As an exception to Government Contracts Implementation Instructions No. 2 of 2014. As part of government measures to resolve the school buildings crisis, the Council approved the recommendations of the meeting to allocate lands for school buildings as follows: 1. The Minister of Agriculture shall authorize the governorate agricultural directors with the authority to lift the hand of agricultural reform on lands allocated for school building projects (exclusively) and to complete the procedures for transferring ownership of the lands donated for the construction of schools. 2. The Diwani Order Committee (23527 of 2023) is responsible for allocating lands for service, health and educational projects, allocating lands for the construction of school buildings, and considering donation requests, in addition to its previous tasks. 3. The Ministry of Finance allocates sufficient amounts to the account of the Ministry of Education; To pay fees, taxes, and fees related to procedures for transferring, allocating, or transferring land ownership for school building projects (exclusively). 4. Education directorates complete administrative procedures with the concerned departments regarding the donation and payment of fees, taxes, and wages resulting from the donation, provided that the donor does not incur any other costs regarding the land donated to build schools. 5. The governorate, in coordination with the Ministry of Finance and the Federal Public Service Council, shall create and allocate three job grades for the donor of the land to build the school or for one of his relatives (up to the second degree). 6. All ministries, government institutions, and endowment offices are obligated to transfer ownership of lands on which school buildings are built and lands allocated for educational purposes to the Ministry of Education without compensation, based on the provisions of the Ministry of Education Law (22 of 2011). 7. The Department of National Projects and School Buildings, in the General Secretariat of the Council of Ministers, is responsible for following up on the implementation of this decision with the competent authorities. As part of the government’s efforts to provide ration card items, the Council decided to approve financing the account of the General Foodstuff Trade Company, affiliated with the Ministry of Commerce, with an amount of $1,320,000,000, just one billion three hundred and twenty million dollars, based on the provisions of the Federal General Budget Law of the Republic of Iraq, for the years The three. The Council of Ministers agreed to authorize the Minister of Finance to negotiate and sign the draft framework agreement with the European Investment Bank, taking into account the opinion of the Council of State. With regard to supporting local production, the Council approved the recommendation of the Ministerial Council for the Economy No. (230226 Q) regarding preventing the import of juices, soft drinks, and cakes of all kinds, according to the following: 1. Deletion of juice products, soft drinks, pastries, and cakes of all kinds from import lists, provided that the deletion decision is reviewed after (one year) by the Ministry of Industry and Minerals/Department of Industrial Development and Regulation; To evaluate the extent to which the local market is affected by this deletion, negatively or positively, and if the evaluation is positive, the deletion decision will continue to be implemented until there is an actual need to review it in the future. 2. This decision will be implemented after (90) days, starting from the date of its issuance, with regard to pastries and cakes of all kinds, while the decision to prevent the import of juices and soft drinks that is currently in effect continues. 3. Local producers must continue to submit protection requests for the products covered by the decision. In the matter related to the protection of Baghdad International Airport, the Council approved the recommendations of the minutes of the meeting held to unify the procedures for protecting the airport, as follows: 1. The Civil Aviation Authority paid the dues of the Canadian company (Business Intel) from the date of commencing its duties, in accordance with the contract signed between them and the aforementioned authority. 2. Granting the Canadian company (Business Intel) a work permit, based on the provisions of the Private Security Companies Law No. (52) of 2017, and according to what was stated in the letter of the Ministry of Interior, starting from October 1, 2023. 3. The Civil Aviation Authority shall extend the contract with the aforementioned company for a period of (6) months, starting from the expiration date of the contract signed between them. 4. Obligating the Civil Aviation Authority to contract with a reputable foreign security company through direct invitations to foreign companies. The Council of Ministers approves the allocation of $202 million to rehabilitate the Hartha thermal station In order to raise the level of electrical energy production, the Council approved Ministerial Energy Council Recommendation No. 23089 of 2023, as follows: The Ministry of Finance has allocated an amount of 202,576,000 dollars, just two hundred and two million five hundred and seventy-six thousand dollars, to the Ministry of Electricity, for the purpose of rehabilitating units (2 and 3) in the Al-Hartha thermal station, and rehabilitating the gas cycle station, due to its importance in supplying the network with electrical energy, based on the provisions of The federal general budget law for the three years, with the Ministry of Finance financing 50% of it for this year. The Council also approved an increase in the operational/maintenance budget allocations in the Ministry of Electricity, based on the provisions of the Federal General Budget Law of the Republic of Iraq, for the three years, in order to pay off the debts of the public and private sectors, each 50%. In the field of improving the reality of services, the Council decided to approve the transfer of the work of the project “Implementing the remaining works of the Al-Musayyib Water Project” to Al-Azza General Contracting Company, as an exception to the instructions for implementing government contracts for the year 2014, at the same prices, and with a new period calculated on the basis of the remainder of the project, and with a letter. The guarantee itself, and obligating the company to provide additional guarantees in order to speed up the completion of the project; In service of the public interest. The Council approved the establishment of a public company called (Al-Mas General Company for Trade, Contracting and Implementation of Defense Projects) with a capital of twenty billion dinars, affiliated with the Ministry of Defense, allocated from the aforementioned Ministry’s budget for the year 2023, based on the provisions of the Public Companies Law (22) of 1997, as amended, according to The activity of the aforementioned company must be consistent with Article (4) of the aforementioned Public Companies Law, and the Ministry of Defense is responsible for taking the appropriate measures specified in the aforementioned article of the same law. In order to stop the repercussions of illegal immigration on Iraq, the Council approved the comprehensive national plan to reduce illegal immigration, according to what was stated in the letter of the Ministry of Immigration and Displacement on October 4, 2023. Within the framework of Iraq's foreign relations, the Council approved the following: 1. Authorizing the Minister of Commerce to sign a draft agreement on economic, commercial, scientific, artistic and cultural cooperation between the Government of the Republic of Iraq and the Government of the Republic of Zambia, based on provisions of the Constitution. 2. The Ministry of Foreign Affairs prepares the necessary authorization document on behalf of the Government of the Republic of Iraq for the Minister of Commerce, in accordance with the approved contexts, and submits it to the General Secretariat of the Council of Ministers in order to obtain the signature of the Prime Minister. 3. Adding a clause in the aforementioned draft agreement, to be an alternative to the Economic, Scientific and Technical Cooperation Agreement between the Government of the Republic of Iraq and the Government of the Republic of Zambia signed in 1979, ratified by Law No. (11 of 1980). The Council also approved the draft law on the Republic of Iraq’s accession to the Paris Agreement in 1928, and the protocols attached to it, and referred it to the House of Representatives, based on the provisions of the Constitution, provided that it is accompanied by legal advice issued by the Council of State, based on the provisions of the Treaty Contracting Law No. 35 of 2015, And State Council Law No. 65 of 1976, as amended. 310 views Added 10/09/2023 - 8:07 PM

The Iraqi Central Bank "loses control"... a continuous rise in dollar exchange rates 2023-10-10 09:47 Shafaq News/ The official spokesman for the stock market in Sulaymaniyah, Kurdistan Region, said on Tuesday that the increasing rise in the exchange rate of the dollar against the dinar indicates the Central Bank of Iraq’s lack of control over the work of private banks in the country. Jabbar Gorran said during a press conference held in Sulaymaniyah, today, attended by Shafaq News Agency, that the reasons for the rise in the price of the dollar are due to internal reasons represented by the statements of Iraqi officials, especially the recent statements of the Central Bank of Iraq, as well as the fear and anxiety of citizens as a result of the current situation, in addition to external reasons represented by the general situation. In the region, the most important of which is what is happening now in Palestine. He added that the rise that the dollar has reached during the past five days indicates the lack of control of the Central Bank of Iraq over the work of private banks, as well as the lack of confidence of the Iraqi citizen in the local currency. He pointed out that the Central Bank of Iraq did not reduce the pumping of foreign currency during this period, pointing out that the Iraqi situation is considered important to the American side and all the decisions now issued by the American Treasury are in the interest of Iraq and must be adhered to. Today, Tuesday, the price of the US dollar exceeded the barrier of 160,000 Iraqi dinars, in Baghdad and Erbil, the capital of the Kurdistan Region, with the stock market closed.

A significant rise in the price of the dollar against the Iraqi dinar in Baghdad markets Time: 10/10/2023 11:30:36 Read: 5,057 times {Economic: Al-Furat News} The exchange rates of the dollar rose against the Iraqi dinar, today, Tuesday, in the markets of the capital, Baghdad. The prices were as follows.. The selling price was 164,000 Iraqi dinars, while the purchase amounted to 162,000 dinars per 100 dollars.

Source: Opening branches of new government banks to sell dollars at Najaf and Basra airports and outlets Time: 10/10/2023 09:30:28 Read: 1,534 times {Economic: Al-Furat News} An informed source revealed that new outlets for travelers in Iraq will soon be opened. The source told Al-Furat News Agency, “Soon branches of new government banks will be opened to sell dollars at Najaf and Basra airports and border crossings to meet travelers’ need for foreign currency {dollars}.” The source explained that "this measure is to contribute to meeting and covering the demand for dollars for travelers," noting that "each traveler's share is 3,000 dollars, and the official rate is 1,320 dinars to the dollar."

Central Bank Governor: We are putting the final touches to the lending strategy Economy Yesterday, 13:01 Baghdad-INA Central Bank Governor Ali Al-Alaq confirmed today, Monday, the final touches to the lending strategy. The Ministry of Foreign Affairs stated in a statement received by the Iraqi News Agency (INA), that “Deputy Prime Minister and Foreign Minister Fouad Hussein chaired today the thirtieth session of the Ministerial Council for the Economy, in the presence of the Deputy Prime Minister and Minister of Planning, the Ministers of Finance, Industry, Trade, Labor and Social Affairs and the Secretary-General of the Council.” Ministers, the Governor of the Central Bank, the Chairman of the National Investment Authority, and the Advisor to the Prime Minister for Legal Affairs.” She added, "The Council discussed the items on its agenda and took appropriate decisions regarding them. The Council also hosted the Undersecretary of the Ministry of Agriculture and the Prime Minister's Advisor, two members of the special committee to study the methods of support provided to the agricultural sector and the possibility of their sustainability in light of the water and financial situation, and to benefit from global experiences and modern methods of irrigation and agricultural mechanization and support... Strategic agricultural crops. She continued, "The Council also discussed the recommendations of the committee formed to support private banks in order to advance the work of these banks to be an important part of the Iraqi economy." The Governor of the Central Bank indicated, according to the statement, that “the bank is putting the final touches to the lending strategy, and is continuing to implement decisions related to electronic payment.” The Ministry confirmed, “Given the importance of the wastewater treatment unit project to preserve the environment, reduce pollution, and contribute to increasing the life of production machines and protecting them from damage, the Council decided to change the method of implementing this project to contribute to accelerating its completion.”

US State Department: The Iraqi Prime Minister’s visit to Washington will strengthen the comprehensive partnership Political Today, 11:04 Baghdad - IA - Wissam Al-Mulla The US State Department affirmed Washington's support for the efforts of Prime Minister Muhammad Shiaa Al-Sudani in combating corruption and improving the financial sector, while noting that his upcoming visit to Washington represents a good opportunity to strengthen bilateral relations and enhance comprehensive partnership in all sectors . US Deputy Assistant Secretary of State for Iraq and Iran Affairs, Victoria Taylor, said in an interview with the Iraqi News Agency (INA): "The visit I am making is the first time to Iraq, and I am happy to be here to strengthen relations between the two countries." She added, "Iraqi relations with the United States of America are strategic and long-term, and we support the war waged by Iraqi Prime Minister Muhammad Shia al-Sudani against corruption, which is a very good goal and a common priority." Supporting the Prime Minister’s efforts to improve the financial sector She continued, "Washington supports the Prime Minister's effort to improve the financial sector and make it transparent, which was supported by the dialogue conducted by the US Treasury Department with the Central Bank of Iraq to strengthen the banking and financial sector and improve the Iraqi economic reality, which will benefit Iraq by developing its international relations and attracting investments." She pointed out that "what was issued by the United States on some banks were not sanctions in the literal sense, but rather were decisions that provided ways and means to strengthen the Iraqi banking system in order to maintain transparency in transactions in general and find good ways for the presence of the dollar in the markets." Inviting the Prime Minister to visit the White House She stressed that "Iraq has long-term strategic relations with the United States of America, and the invitation extended to Prime Minister Muhammad Shia al-Sudani to visit Washington and meet with US President Joe Biden represents a good opportunity to strengthen relations between the United States and Iraq, and to enhance the comprehensive partnership for all sectors." Support provided by the United States She pointed out that "the United States is working with Iraq in various security, economic and environmental sectors, and there was a meeting of the Iraqi-American Coordination Committee that focused on the economic and security files during the visit of high-ranking Iraqi delegations to the United States," stressing that "we are awaiting the visit of Prime Minister Muhammad Shia al-Sudani to discuss "To more opportunities for joint cooperation between the United States and Iraq."

The Prime Minister calls on Russia to take urgent action to stop the ongoing attacks on the Palestinian territories Today, 15:04 Baghdad - INA Prime Minister Muhammad Shiaa Al-Sudani called on Russia, today, Tuesday, to take urgent action with the permanent members of the Security Council to stop the ongoing attacks on the Palestinian territories. The Prime Minister’s Media Office stated in a statement received by the Iraqi News Agency (INA) that Prime Minister Muhammad Shiaa Al-Sudani met with the President of the Russian Federation, Vladimir Putin, as part of his official visit to Moscow, which he arrived this morning, in response to an official invitation,” noting that “ During the meeting, an expanded meeting was held that included the official Iraqi delegation and the Russian side, which dealt with bilateral relations between the two countries, and mechanisms for enhancing joint cooperation in various vital fields, most notably the energy file, and the development of the oil industries sector, as well as discussing the presence of Russian oil companies in Iraq, which is witnessing A major movement in the field of investment, within the government’s vision and strategy to advance the Iraqi economy and diversify its resources.” The statement added, “The meeting witnessed discussion of a number of regional and international issues of common interest, and the serious developments of current events in the occupied Palestinian territories.” The Prime Minister stressed "Iraq's firm position on the Palestinian issue, which affirms the right of the Palestinian people to live in dignity and justice," calling on "Russia to take urgent action with the permanent members of the Security Council to stop the ongoing attacks on the Palestinian territories." For his part, the Russian President pointed to “the depth of the historical relations that bring together the two friendly countries,” noting that “the energy sector is a promising and open field towards more fruitful and effective cooperation.” Regarding the recent events that took place in the Palestinian territories, President Putin stated that “movements and efforts are being made to stop the dangerous security repercussions that are clearly escalating.” The statement continued, "Putin welcomed the participation of Prime Minister Muhammad Shiaa Al-Sudani in the sixth session of the Russian Energy Week Forum scheduled to be held tomorrow, which represents an important opportunity to expand the horizons of the partnership between the two countries in developing the energy, oil and gas sectors."

Al-Sudani to Putin: We are facing an uprising that the Palestinian people are witnessing against the Zionist entity Time: 10/10/2023 15:05:44 Read: 546 times {Politics: Al-Furat News} Prime Minister Muhammad Shiaa Al-Sudani said today, Tuesday, to the French President, “We are facing an uprising that the Palestinian people are witnessing against the Zionist entity.” His media office stated in a statement received by {Al-Furat News} that "Al-Sudani met today, in Moscow, with Russian President Vladimir Putin." He pointed out that "Al-Sudani confirmed that his visit to Russia came at a sensitive time due to the serious challenges the region is witnessing." Al-Sudani pointed out that "there is indiscriminate, devastating bombing of Palestine, and we are facing an uprising witnessed by the Palestinian people against the Zionist entity." The Prime Minister renewed "Iraq's thanks to Russia for their support during the war with the terrorist ISIS," noting that "the visit to Moscow comes to develop and strengthen relations between Iraq and Russia," according to the official agency. For his part, Russian President Vladimir Putin said, “The United States tried to monopolize the settlement in the Middle East, but it was not interested in finding compromise solutions acceptable to both parties.” Putin added, "America is exerting pressure on both sides of the Palestinian-Israeli conflict and every time it ignores the basic interests of the Palestinian people." “Many will agree with me that this is a clear example of the failure of American policy,” Putin said. Prime Minister Muhammad Shiaa Al-Sudani arrived Tuesday morning in the capital, Moscow, as part of an official visit.

Barzani: Baghdad and the region agreed to address political problems in accordance with the constitution and agreements Time: 10/10/2023 14:46:24 Read: 689 times {Politics: Al-Furat News} The Prime Minister of the Kurdistan Regional Government, Masrour Barzani, received, on Tuesday, the British Ambassador to Iraq, Stephen Hitchen. A statement by the regional government, a copy of which was received by {Al-Furat News}, said, "The meeting focused, in particular, on the importance of resolving controversial issues between the Kurdistan Region and the federal government, as the two sides agreed that political problems must be addressed in accordance with the provisions of the constitution and the signed agreements." The Prime Minister reiterated the need to protect the constitutional rights of the Kurdistan Region as a federal entity. The British Ambassador praised the reforms implemented by the Kurdistan Regional Government, especially in the field of digitization of public services provided, pointing to the central data center of the Information Technology Department of the Regional Government, and stressed the importance of this center being a role model for all of Iraq, which encourages the federal government to Work to establish similar advanced centers and institutions. The British Ambassador also expressed his respect and appreciation for the situation of peaceful coexistence between the various components and religious freedom in the Kurdistan region.

US State Department: The United States did not issue sanctions on banks, but rather they were decisions to strengthen the banking system Time: 10/10/2023 11:09:27 Read: 1,677 times {Politics: Al-Furat News} The US State Department clarified on Tuesday that the United States did not issue sanctions on Iraqi banks, but rather they were decisions to strengthen the banking system. US Deputy Assistant Secretary of State for Iraq and Iran Affairs, Victoria Taylor, said in a press statement: “The visit I am making is my first time to Iraq, and I am happy to be here to strengthen relations between the two countries.” She added, "Iraqi relations with the United States of America are strategic and long-term, and we support the war launched by Iraqi Prime Minister Muhammad Shia al-Sudani against corruption, which is a very good goal and a common priority." She continued, "Washington supports the Prime Minister's effort to improve the financial sector and make it transparent, which was supported by the dialogue conducted by the US Treasury Department with the Central Bank of Iraq to strengthen the banking and financial sector and improve the Iraqi economic reality, which will benefit Iraq by developing its international relations and attracting investments." She pointed out that "what was issued by the United States on some banks were not sanctions in the literal sense, but rather were decisions that provided ways and means to strengthen the Iraqi banking system in order to maintain transparency in transactions in general and find good ways for the presence of the dollar in the markets." She stressed that "Iraq has long-term strategic relations with the United States of America, and the invitation extended to Prime Minister Muhammad Shia al-Sudani to visit Washington and meet with US President Joe Biden represents a good opportunity to strengthen relations between the United States and Iraq, and to enhance the comprehensive partnership for all sectors." She pointed out that "the United States is working with Iraq in various security, economic and environmental sectors, and there was a meeting of the Iraqi-American Coordination Committee that focused on the economic and security files during the visit of high-ranking Iraqi delegations to the United States," stressing that "we are awaiting the visit of Prime Minister Muhammad Shia al-Sudani to discuss "To more opportunities for joint cooperation between the United States and Iraq."

Al-Sudani arrives in Moscow to meet Putin Time: 10/10/2023 09:54:35 Read: 1,716 times {Politics: Al-Furat News} Prime Minister Muhammad Shiaa Al-Sudani arrived in the Russian capital, Moscow, where he is scheduled to hold discussions with Russian President Vladimir Putin. The two sides will also attend the activities of the "Russian Energy Week", which begins tomorrow, Wednesday, at the Manezh Central Exhibition Hall in Moscow. Before leaving the capital, Baghdad, heading to Moscow, Al-Sudani said yesterday, “We will discuss bilateral issues and what is related to security and stability in the region.” Regarding the possibility of Iraqi banks entering the Russian financial services market, Al-Sudani said, “This depends on the volume of trade exchange, because Iraq is moving towards an economy open to all global markets.”

Four security cordons to protect governorate election polling centers Time: 10/10/2023 07:51:30 Read: 1,391 times {Politics: Al-Furat News} The Independent High Electoral Commission revealed the presence of 4 security cordons to protect polling centers during election day next December. An official source in the Commission stated, “The Supreme Committee for Election Security was formed with a high level of leadership, and is headed by the Commander of Joint Operations, Qais al-Muhammadawi, with the membership of undersecretaries of the Ministries of Interior and Defense, the Iraqi National Intelligence Service, National Security, the Popular Mobilization Forces, the Director General of Civil Defense, one of the judges in the Board of Commissioners, and the advisor to the Prime Minister.” ". He added, "There are measures to prevent cases of blackmail or influencing the will of voters near polling stations during voting day in the irregular governorate council elections in the region, which will take place on December 18 of this year." He explained, "There are 3-4 security cordons that will surround the polling centers, to prevent tampering with the centers from infiltrating the centers to carry out sabotage or terrorist acts that affect the conduct of the electoral process." He stressed that "the presence of cameras in polling centers and stations will enhance monitoring of the electoral process to prevent any actions taking place inside it," noting that "a committee was formed to sign contracts and bring these cameras that have high technical specifications." As the country prepares to hold local elections; There is a fear of vandalizing the streets of the capital, Baghdad, with electoral advertisements, the owners of which often choose green places and central islands decorated with lighting and various plants.