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  1. The Central Bank announces that the monetary reserve has exceeded the barrier of $ 90 billion The Central Bank announces that the monetary reserve has exceeded the barrier of $ 90 billion| Economy | Dijlah Satellite Channel - 02-12-2022 07:16 PM- Views:2740 The Central Bank of Iraq confirmed on Friday that the cash reserve exceeded 160% of the value of the Iraqi dinar, and while confirming the rise in cash reserves exceeding 90 billion dollars, he expected the introduction of the 20,000 currency at the end of next year, stressing at the same time granting 15 trillion dinars as loans for projects in four areas. Central Bank adviser Ihsan al-Yasiri said that "for the first time, the Central Bank's reserves exceeded the threshold of 90 billion dollars, as this figure is very large and indicates a wall of resistance to the recovery of the economy and a large support for the value of the Iraqi currency," pointing out that "the value of the Iraqi currency or balance exceeded 160%, as the value of the Iraqi dinar reached more than one and a half dinars." He added, "The Iraqi currency is now witnessing a significant rise and recovery, as it is one of the strong international currencies, although it is not an international currency for circulation," noting that "the government and the Ministry of Finance have an opportunity to support vulnerable and poor groups, retirees with low salaries, those covered by social protection and retirees through these funds by allocating part of them within the 2023 budget." Regarding banking supervision procedures, al-Yasiri said: "The government program is concerned with controlling government banks, and private banks, as the latter are part of the banking sector and are covered by government supervision procedures." He pointed out that "the Central Bank has shifted from its traditional policy, which is to follow up stability, issue money and others, to a large development institution, as it launched a development fund whose funds exceeded 18 trillion dinars," noting that "this fund contributed to bridging the government financing gap as a result of security and economic challenges and successive oil price declines since 2014 until now." He added that "the bank launched initiatives and projects through loans that exceeded 15 trillion dinars for industry, agriculture, housing and trade projects," noting that "the initiatives also included the empowerment of women and unemployed youth," in addition to allocating billions of dinars of bank funds to support cultural institutions, including the rehabilitation of Al-Mutanabbi Street, churches, mosques and theaters. Regarding the new 20,000 dinar denomination, Al-Yasiri stressed that "the 20,000 dinars denomination is an average currency between 25,000 and 10,000 dinars, as it will have a role in redrawing the structure of banknotes," noting that "this denomination will be acceptable and with high security specifications." He continued, "The issuance of this category is not related to the budget because the Central Bank has an independent budget, but it is related to printing procedures and the selection of colors and security marks," likely, "the issuance of this currency by the end of 2023."
  2. Central Bank: foreign exchange reserves increased to more than 90 billion dollars Friday 02 December 2022 21:43 | EconomicalNumber of readings: 37 Central Bank: foreign exchange reserves increased to more than 90 billion dollars (ninanews-com.translate.goog) Baghdad / NINA / - The Central Bank announced today, Friday, that the cash reserves exceeded 160% of the value of the Iraqi dinar. "The central bank's reserves exceeded for the first time the threshold of 90 billion dollars, which is a very large number, and represents an indication of the recovery of the Iraqi economy, and a great support for the value of the Iraqi currency," said the Central Bank's advisor, Ihsan al-Yasiri, in a statement to the official agency. He added: "The Iraqi currency is now witnessing a great rise and recovery, as it is one of the strong international currencies, although it is not an international currency for circulation." Al-Yasiri explained: "The government and the Ministry of Finance have an opportunity to support the fragile and poor groups and retirees with low salaries and those covered by social protection and retirees through these funds by allocating part of them within the 2023 budget."
  3. Turan: Any unilateral step in the Kirkuk issue is doomed to failure Turan: Any unilateral step in the Kirkuk issue is doomed to failure (ninanews-com.translate.goog) Friday 02 December 2022 18:18 | politicalNumber of readings: 149 Kirkuk / NINA / - Head of the Iraqi Turkmen Front, Hassan Turan, affirmed: "Taking any unilateral step in the Kirkuk issue, including reactivating Article 140, will be doomed to failure." Turan said in a meeting of members of the Political Bureau and officials of the branches of the Iraqi Turkmen Front: "The absence of the Turkmen component in the political process is contrary to the constitution and national norms," calling on the three presidencies and political forces to assume their national responsibility and not to prejudice the security and stability of Kirkuk and the Turkmen regions. The head of the Iraqi Turkmen Front renewed the Turkmen's adherence to their national constants and their national entitlement in the cabinet, and their administrative rights in ministries, agencies and local governments./ End
  4. The Central Bank sets a date for offering the new 20,000 dinars currency Posted 26 seconds ago The Central Bank sets a date for offering the new 20,000 dinars currency (iraqakhbar-com.translate.goog) news source /Mawazine News News source / Mawazine News economy | 06:55 - 02/12/2022 Baghdad - Mawazine News The Central Bank of Iraq confirmed, on Friday, that the cash reserve exceeded 160% of the value of the Iraqi dinar, and while confirming the increase in the cash reserve exceeding $90 billion, it expected the 20,000 currency to be offered at the end of next year, confirming at the same time that it would grant 15 trillion dinars. As loans for projects in four areas. The Central Bank’s advisor, Ihsan Al-Yasiri, said, “For the first time, the central bank’s reserves exceeded the threshold of 90 billion dollars, as this number is very large and indicates a barrier to the recovery of the economy and a great support for the value of the Iraqi currency,” noting that “the value of the Iraqi currency or the balance exceeded 160.” %, as the value of the Iraqi dinar amounted to more than one and a half dinars. He added, "The Iraqi currency is witnessing now A significant increase and recovery, as it is considered one of the strong international currencies, although it is not an international currency for circulation,” noting that “the government and the Ministry of Finance have an opportunity to support the fragile and poor groups and retirees with low salaries and those covered by social protection and retirees through these funds by allocating part of them within the 2023 budget.” . Regarding banking control procedures, Al-Yasiri said: “The government program is concerned with controlling government banks, and private banks, since the latter are part of the banking sector and are covered by government control measures.” He pointed out that “the Central Bank has shifted from its traditional policy, which is represented by pursuing stability and issuing cash and others, to a large development institution, as it launched a development fund whose funds exceeded 18 trillion dinars.” This fund contributed to bridging the government financing gap as a result of the security and economic challenges and the successive declines in oil prices since 2014 until now. And he continued, “The bank launched initiatives and projects through loans that exceeded 15 trillion dinars for industry, agriculture, housing , and trade projects,” noting that “the initiatives also included empowering women and unemployed youth ,” in addition to allocating billions of dinars from bank funds to support cultural institutions, including rehabilitation. Al-Mutanabbi Street, churches, mosques and theatres. Regarding the new 20,000 dinars category, Al-Yasiri stressed that “the 20,000 dinars category is an intermediate currency between 25,000 and 10,000, as it will have a role in redrawing the structure of the banknotes,” noting that “this category will be acceptable and with high security specifications.” And he continued, “The issuance of this category is not related to the budget, since the central bank has an independent budget, but rather it is related to printing procedures, choosing colors and security marks,” suggesting, “This currency is issued at the end of 2023.” Ended 29 / H
  5. Central Bank: The new 20,000 dinars will be introduced by the end of 2023 Seror sattarone hour ago One minute FacebookCentral Bank: The new 20,000 dinars currency will be launched by the end of 2023 – First News Agency (awla.news) Twitter Share via mail The Central Bank of Iraq confirmed on Friday that the cash reserve exceeded 160% of the value of the Iraqi dinar, and while confirming the rise in cash reserves exceeding 90 billion dollars, he expected the introduction of the 20,000 currency at the end of next year, stressing at the same time granting 15 trillion dinars as loans for projects in four areas. Central Bank adviser Ihsan al-Yasiri said in a statement to the official agency followed by (First News): "For the first time, the Central Bank's reserve exceeded the threshold of 90 billion dollars, as this number is very large and indicates a wall of resistance to the recovery of the economy and a large support for the value of the Iraqi currency," pointing out that "the value of the Iraqi currency or balance exceeded 160%, as the value of the Iraqi dinar was more than one and a half dinars." He added, "The Iraqi currency is now witnessing a significant rise and recovery, as it is one of the strong international currencies, although it is not an international currency for circulation," noting that "the government and the Ministry of Finance have an opportunity to support vulnerable and poor groups, retirees with low salaries, those covered by social protection and retirees through these funds by allocating part of them within the 2023 budget." Regarding banking supervision procedures, al-Yasiri said: "The government program is concerned with controlling government banks, and private banks, as the latter are part of the banking sector and are covered by government supervision procedures." He pointed out that "the Central Bank has shifted from its traditional policy, which is to follow up stability, issue money and others, to a large development institution, as it launched a development fund whose funds exceeded 18 trillion dinars," noting that "this fund contributed to bridging the government financing gap as a result of security and economic challenges and successive oil price declines since 2014 until now." He added that "the bank launched initiatives and projects through loans that exceeded 15 trillion dinars for industry, agriculture, housing and trade projects," noting that "the initiatives also included the empowerment of women and unemployed youth," in addition to allocating billions of dinars of bank funds to support cultural institutions, including the rehabilitation of Al-Mutanabbi Street, churches, mosques and theaters. Regarding the new 20,000 dinar denomination, Al-Yasiri stressed that "the 20,000 dinars denomination is an average currency between 25,000 and 10,000 dinars, as it will have a role in redrawing the structure of banknotes," noting that "this denomination will be acceptable and with high security specifications." He continued, "The issuance of this category is not related to the budget because the Central Bank has an independent budget, but it is related to printing procedures and the selection of colors and security marks," likely, "the issuance of this currency by the end of 2023."
  6. With the document .. Al-Sudani presents to the presidency of the House of Representatives candidates for the two vacant ministries in his government With the document .. Al-Sudani presents to the presidency of the House of Representatives candidates for the two vacant ministries in his government (ninanews-com.translate.goog) Friday 02 December 2022 19:48 | politicalNumber of readings: 61 Baghdad / NINA / - The Prime Minister, Muhammad Shia'a Al-Sudani, presented to the Presidency of the House of Representatives the two candidates, Bankin Abdullah Rikani and Nizar Muhammad Saeed Amidi, to fill the vacant Ministries of Construction and Housing, and the Environment. The Presidency of the Council decided to vote on the candidates in the session tomorrow, Saturday. / is over
  7. The Central Bank announces that its cash reserves have exceeded the $90 billion barrier Posted 3 seconds ago البنك المركزي يعلن تجاوز احتياطياته النقدية حاجز الـ 90 مليار دولار - اخبار العراق (iraqakhbar-com.translate.goog) news source /Iraqi News Agency ( INA ) The source of the news / Iraqi News Agency (INA) Baghdad – Informed – Hassan Al-Fawwaz The Central Bank of Iraq confirmed, today, Friday, that the cash reserve exceeded 160% of the value of the Iraqi dinar, and while confirming the increase in the cash reserve exceeding $ 90 billion, it expected the introduction of the 20 thousand currency at the end of next year, confirming at the same time that granting 15 trillion dinars in loans for projects in four areas. The Central Bank's advisor, Ihsan Al-Yasiri, said in a statement to the Iraqi News Agency (INA): "For the first time, the central bank's reserves exceeded the threshold of 90 billion dollars, as this number is very large and indicates a bulwark for the recovery of the economy and a great support for the value of the Iraqi currency," noting that “The value of the Iraqi currency or the balance exceeded 160%, as the value of the Iraqi dinar amounted to more than one and a half dinars.” He added, "The Iraqi currency is now witnessing a significant rise and recovery, as it is one of the strong international currencies, although it is not an international currency for circulation," noting that "the government and the Ministry of Finance have an opportunity to assign fragile and poor groups and retirees with low salaries and those covered by social protection and retirees through this Funds by allocating part of it within the 2023 budget. Regarding banking control procedures, Al-Yasiri said: “The government program is concerned with controlling government banks, and private banks, since the latter are part of the banking sector and are covered by government control measures.” He pointed out that “the Central Bank has shifted from its traditional policy, which is represented by pursuing stability and issuing cash and others, to a large development institution, as it launched a development fund whose funds exceeded 18 trillion dinars,” noting that “this fund contributed to bridging the government financing gap as a result of security and economic challenges and price drops.” successive oil since 2014 until now. And he continued, “The bank launched initiatives and projects through loans that exceeded 15 trillion dinars for industry, agriculture, housing and trade projects,” noting that “the initiatives also included empowering women and unemployed youth,” in addition to allocating billions of dinars from bank funds to support cultural institutions, including rehabilitation. Al-Mutanabbi Street, churches, mosques and theatres. Regarding the new 20,000 dinars category, Al-Yasiri stressed that “the 20,000 dinars category is an intermediate currency between 25,000 and 10,000, as it will have a role in redrawing the structure of banknotes,” noting that “this category will be acceptable and with high security specifications.” And he continued, “The issuance of this category is not related to the budget, since the Central Bank has an independent budget, but rather it is related to printing procedures, choosing colors and security marks,” suggesting, “The issuance of this currency at the end of 2023.”
  8. The central reserve exceeded $ 90 billion and revealed the date of offering the 20,000 denomination Time : 2022/12/02 19:03:53 The central reserve exceeded $ 90 billion and revealed the date of offering the 20,000 denomination - Al-Furat News (alforatnews.iq) {Economic: Al-Furat News} The Central Bank of Iraq announced today, Friday, the rise in cash reserves exceeding $ 90 billion Central Bank adviser Ihsan al-Yasiri said in a press statement that: "The cash reserve exceeded 160% of the value of the Iraqi dinar," noting that "the value of the Iraqi currency or balance exceeded 160%, as the value of the Iraqi dinar amounted to more than one and a half dinars." "This figure is very large and indicates a bulwark for the recovery of the economy and a large support for the value of the Iraqi currency," he said. He predicted "the introduction of the 20,000 dinars coin by the end of next year 2023." "Granting 15 trillion dinars as loans for industrial, agriculture, housing and trade projects.
  9. The Central Bank: The new 20,000 dinars currency will be introduced at the end of 2023 Posted 23 seconds ago The Central Bank: The new 20,000 dinars currency will be introduced at the end of 2023 (iraqakhbar-com.translate.goog) news source /First News Agency News source / Al Oula News Agency (Encyclopedia of Iraq News for News) The Central Bank of Iraq confirmed, today, Friday, that the cash reserve exceeded 160% of the value of the Iraqi dinar, and while confirming the increase in the cash reserve exceeding 90 billion dollars, it expected the introduction of the 20 thousand currency at the end of next year, stressing at the same time the granting of 15 trillion dinars as loans for projects in four domains. “For the first time, the central bank’s reserves exceeded the threshold of 90 billion dollars, as this number is very large and indicates a bulwark for the recovery of the economy and a great support for the value of the Iraqi currency,” said the Central Bank’s advisor, Ihsan Al-Yasiri, in a statement to the official agency, followed by (Al-Oula News). That “the value of the Iraqi currency or the balance exceeded 160%, as the value of the Iraqi dinar amounted to more than one and a half dinars.” He added, "The Iraqi currency is now witnessing a significant rise and recovery, as it is considered one of the strong international currencies, although it is not an international currency for circulation," noting that "the government and the Ministry of Finance have an opportunity to assign fragile and poor groups and retirees with low salaries and those covered by social protection and retirees through this Funds by allocating part of it within the 2023 budget. Regarding banking control procedures, Al-Yasiri said: “The government program is concerned with controlling government banks, and private banks, since the latter are part of the banking sector and are covered by government control measures.” He pointed out that “the Central Bank has shifted from its traditional policy, which is represented by pursuing stability and issuing cash and others, to a large development institution, as it launched a development fund whose funds exceeded 18 trillion dinars,” noting that “this fund contributed to bridging the government financing gap as a result of security and economic challenges and price drops.” successive oil since 2014 until now. And he continued, “The bank launched initiatives and projects through loans that exceeded 15 trillion dinars for industry, agriculture, housing and trade projects,” noting that “the initiatives also included empowering women and unemployed youth,” in addition to allocating billions of dinars from bank funds to support cultural institutions, including rehabilitation. Al-Mutanabbi Street, churches, mosques and theatres. Regarding the new 20,000 dinars category, Al-Yasiri stressed that “the 20,000 dinars category is an intermediate currency between 25,000 and 10,000, as it will have a role in redrawing the structure of banknotes,” noting that “this category will be acceptable and with high security specifications.” And he continued, “The issuance of this category is not related to the budget, since the Central Bank has an independent budget, but rather it is related to printing procedures, choosing colors and security marks,” suggesting, “The issuance of this currency at the end of 2023.”
  10. The Central Bank: The new 20,000 dinars currency will be introduced at the end of 2023 Posted 23 seconds ago The Central Bank: The new 20,000 dinars currency will be introduced at the end of 2023 (iraqakhbar-com.translate.goog) news source /First News Agency News source / Al Oula News Agency (Encyclopedia of Iraq News for News) The Central Bank of Iraq confirmed, today, Friday, that the cash reserve exceeded 160% of the value of the Iraqi dinar, and while confirming the increase in the cash reserve exceeding 90 billion dollars, it expected the introduction of the 20 thousand currency at the end of next year, stressing at the same time the granting of 15 trillion dinars as loans for projects in four domains. “For the first time, the central bank’s reserves exceeded the threshold of 90 billion dollars, as this number is very large and indicates a bulwark for the recovery of the economy and a great support for the value of the Iraqi currency,” said the Central Bank’s advisor, Ihsan Al-Yasiri, in a statement to the official agency, followed by (Al-Oula News). That “the value of the Iraqi currency or the balance exceeded 160%, as the value of the Iraqi dinar amounted to more than one and a half dinars.” He added, "The Iraqi currency is now witnessing a significant rise and recovery, as it is considered one of the strong international currencies, although it is not an international currency for circulation," noting that "the government and the Ministry of Finance have an opportunity to assign fragile and poor groups and retirees with low salaries and those covered by social protection and retirees through this Funds by allocating part of it within the 2023 budget. Regarding banking control procedures, Al-Yasiri said: “The government program is concerned with controlling government banks, and private banks, since the latter are part of the banking sector and are covered by government control measures.” He pointed out that “the Central Bank has shifted from its traditional policy, which is represented by pursuing stability and issuing cash and others, to a large development institution, as it launched a development fund whose funds exceeded 18 trillion dinars,” noting that “this fund contributed to bridging the government financing gap as a result of security and economic challenges and price drops.” successive oil since 2014 until now. And he continued, “The bank launched initiatives and projects through loans that exceeded 15 trillion dinars for industry, agriculture, housing and trade projects,” noting that “the initiatives also included empowering women and unemployed youth,” in addition to allocating billions of dinars from bank funds to support cultural institutions, including rehabilitation. Al-Mutanabbi Street, churches, mosques and theatres. Regarding the new 20,000 dinars category, Al-Yasiri stressed that “the 20,000 dinars category is an intermediate currency between 25,000 and 10,000, as it will have a role in redrawing the structure of banknotes,” noting that “this category will be acceptable and with high security specifications.” And he continued, “The issuance of this category is not related to the budget, since the Central Bank has an independent budget, but rather it is related to printing procedures, choosing colors and security marks,” suggesting, “The issuance of this currency at the end of 2023.” Disclaimer: The content bearing the title (Central Bank: The new 20,000 dinar currency will be introduced at the end of 2023) was first published on the (Al-Oula News) website, and the Iraq News Encyclopedia website is not responsible for the content of the news in any way. Read ( disclaimer ). You can view the details of this title (The Central Bank: The new 20,000 dinars currency will be offered at the end of 2023) through its original source on the (Al-Oula News) website from the source link below the news.
  11. The Secretary of the Iraqi Communist Party talks about the history of Article 140 and the stage of normalization Posted 1 minute ago سكرتير الحزب الشيوعي العراقي يتحدث عن تاريخ المادة 140 ومرحلة التطبيع - اخبار العراق (iraqakhbar-com.translate.goog) news source /Iraq Today Agency The source of the news / Iraq Agency today Baghdad - Iraq today: The Secretary of the Iraqi Communist Party, Raed Fahmy, confirmed that there is no political will to implement Article 140 more than normalization, indicating that compensation related to the issue requires large sums of money. Raed Fahmy said, in a televised interview, that “Article 140 consists of 3 stages, and since 2006 we are still in the stage of normalization, and during this stage the process of compensating the expatriates, who agreed to return to their areas, and the deportees who returned to Kirkuk,” adding that “ The matter was expanded to include other regions of Iraq within the definition of compensation, and the size of the amount reached a very large level, and it must be settled in order to move to the other stages. And he indicated that the compensation process “needs political will, because there are matters that can be resolved quickly, such as some decisions of the Revolutionary Command Council that affect the region and their need for cancellation by the House of Representatives, as well as some decisions of the Northern Affairs Committee named at the time, and matters related to agricultural contracts and administrative borders.” . Raed Fahmy added that “if there is a will to implement Article 140, parallel lines should be followed, part of which relates to what was agreed upon in the political paper and the government’s approach represented in the budget, including compensation,” noting that “the agreement on other stages is surrounded by ambiguity, and this means that There is no will to activate the matter in all its stages.” He pointed out that “there are political forces, some of which are currently in power, that have reservations about Article 140, and consider it in favor of the Kurds at the expense of the Arabs and Turkmen,” commenting on that by saying that “the article is innocent and does not have this discrimination, but seeks to restore stolen rights and redress grievances ". And he added, "If there are practices that have question marks, they are not attributed to the article, but rather to the practices between the political parties that must abide by the law." The secretary of the Iraqi Communist Party confirmed that “the problem of Kirkuk will remain, if the article is canceled or alternative solutions are not presented,” expressing his approval for “an amendment or update of the article.” He stated that a great stride was made in the normalization phase, but they collided with the financial side because “the number of deported expatriates was approximately 40,000 and more, but it increased later, and they should be compensated with 10-20 million dinars, and this needs allocations, and we needed two billion dollars at the time.” However, it has now increased, knowing that the budget allocated for compensation at the time was $140 million.” He continued, “If we do not address the issue of compensation, we will need 15 years to compensate,” suggesting “the state granting bonds to the beneficiaries, as it cannot directly compensate for the huge amount, which confirms the state’s commitment to pay it.” Regarding the amount estimated at two billion dollars, Fahmy explained that “it was like that at the beginning,” suggesting that its size would increase to 3-4 billion now “to include the deportees in general and not those included in the scope of Article 140.” And the Secretary of the Communist Party considered that “the article is practically suspended,” adding that “some relied on what was stated in the constitution, that the article should be implemented before the date of December 31, 2007, considering that passing this date ends the article.” He commented on this by saying: “The dates were set to speed up implementation and not to drop the right contained in the article, and many of the constitutional deadlines have been exceeded, and based on that opinion, many articles must be canceled.” He expressed his general opinion, saying, “I do not think that some of the parties to the State Administration Coalition have the conviction and seriousness in activating Article 140. The implementation of the practical aspects of the article requires political consensus.” And he continued, “I did not find in the political consensus paper going to implement the article in all its stages, but was limited to allocating the necessary budget for compensation, and I did not hear from the officials of the parties to the state coalition, except for the Kurdish ones, working to implement Article 140 except for the first stage, which is normalization, and the current compensation is part of it.” That stage, so they have no will to apply the article in all its stages.” Fahmy went on to say, “During the time when I was in charge of the article, we identified the concrete steps and the program necessary to implement them, even the party responsible for implementation, and we divided the steps between Parliament and the Presidency of the Republic and others on the government, in addition to that some of them are implementable, and the other requires some time, and despite This has not been achieved, and this means that there is no political will to implement the article more than normalization. He noted that “until now, the borders in Kirkuk where the referendum will take place are not known. Are they the current ones? If so, then it is not what is meant by Article 140, which includes the areas that were cut off from Kirkuk and annexed to other provinces.
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