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  1. SULAIMANI — Spokesperson for Iraq's federal government Hassan Nazim said on Monday (September 6) that the price of US dollar against Iraqi dinar will be fixed at the current price in the draft 2022 Federal Budget Law and does not change. Nazim told state-owned al-Sabah newspaper that the devaluation of Iraqi dinar is an idea that has been discussed for years. He said that the former government did not dare to take this step because of the risks and controversies around it, adding that Prime Minister Mustafa al-Kadhimi’s cabinet was bold in taking this decision as it was in the interest of the country’s economy. $100 was at 147,550 Iraqi dinars as of Monday afternoon. Iraq devalued the dinar significantly as a part of the 2021 Federal Budget Law to 1,450 Iraqi dinars per US dollar. It was designed to preserve Iraq’s dollar reserves and allow the government to spend more Iraqi dinars. On March 24, Director at Iraq’s Central Bank Mahmud Dagher said that the price will be fixed at the current price for the next four years. (NRT Digital Media)
  2. SULAIMANI — Iraqi Prime Minster Mustafa al-Kadhimi told NRT on Thursday (September 2) that the federal government will continue to send monthly transfers of 200 billion Iraqi dinars ($137 million) to Kurdistan Regional Government (KRG) until after the October 10 parliamentary elections and the formation of the new government. Two transfers have been made so far, which the KRG says has allowed it to make full salary payments to public servants for the first time since early 2020. The failure of the KRG to pay salaries was the source of major public frustration. The transfers are not part of the 2021 Federal Budget Law, which has still not been fully implemented with regard to the Kurdistan Region, but is the result of a political deal between Kadhimi and KRG Prime Minister Masrour Barzani. "There is negligence on both sides and there is a need for a quick solution," Kadhimi said in response to a question from an NRT reporter. Regarding electoral preparations, Kadhimi said that the government has allocated special funds to ensure that voting runs smoothly, enabling free and fair elections. (NRT Digital Media)
  3. A parliamentarian is likely to hold today's session with a full quorum Policy 2021-08-29 | 08:11 1,136 views Member of Parliament, Jamal Fakher, suggested, on Sunday, that the quorum would be completed to hold today's parliament session and to complete voting on the laws on the agenda. Fakher said in an interview with Alsumaria News, "The presence of parliament members is still ongoing, and it currently exceeds 140 deputies from all political blocs, and there is a clear desire from parliamentarians to complete a quorum, hold the session and vote on the laws listed on the agenda." Fakher added, "The situation is critical and there are many important obligations and laws that must be completed at this stage, especially with the approaching end of the current session and the holding of elections next October," stressing "the importance of activating the parliament's role in the remaining phase of this session to deliver a positive message to the street".سياسة/394944/برلماني-يرجح-عقد-جلسة-اليوم-بنصاب-مكتمل
  4. Finance discusses setting spending ceilings within the 2022 Maronites Economie 2021-08-29 | 08:24 1,146 views Today, Sunday, the Ministry of Finance discussed setting spending ceilings within the framework of the Maronites for the year 2022, in addition to discussing the issue of public debt and determining loan ceilings. The ministry said in a statement, received by Alsumaria News, that Minister Ali Abdul-Amir Allawi "chaired today the meeting of the twentieth session of the committee for preparing the federal general budget strategy for the medium term 2022-2024, and in the presence of the Prime Minister's advisors and the undersecretaries of the ministries of finance and planning, and a consultant Ministry of Finance And the head of the General Authority to monitor the allocations of the federal ministries and the head of the General Authority Retirement and a number of related general managers. The meeting discussed, according to the statement, "a number of basic topics, including setting spending ceilings before Ministry of Finance Within the framework of the Maronites of the year 2022, in addition to discussing the issue of public debt and determining loan ceilings, including ongoing loans, and following up.” The meeting also witnessed “the completion of the study of the mechanism for applying the proposed budget model and discussing ways to prepare and implement the federal budget for the next year according to the determinants of the current economic reality and in line with the reform trend Which is adopted by the Iraqi government, which aims to prepare a qualitative budget that depends in essence on performance and productive programs to be followed. In another context, during the session, "discussions of assignments were held General AuthorityTo retire within the next year’s budget and to emphasize the support of the Pension Fund to ensure the provision of the best pension services to a wide segment of Iraqi society.” Allawi stressed, “the importance of initiating the preparation and implementation of the draft budget in accordance with the prepared strategic plans that support the reform paths that are in the interest of the national economy and give priority to projects.” The strategy implemented through development loans.اقتصاد/394945/المالية-تناقش-تحديد-سقوف-الإنفاق-ضمن-موارنة-العام
  5. On August 28, 2021, the Iraqi capital, Baghdad, hosted the (Baghdad Conference for Cooperation and Partnership) at the level of leaders and presidents to support Iraq and discuss challenges, common issues and future prospects. The participants expressed their thanks and appreciation for the efforts of the Republic of Iraq in holding and sponsoring this conference with the participation of leaders and presidents of the region and allied countries, and expressed their support for the Iraqi government and people, and stressed the need to unify regional and international efforts in a way that positively reflects on the stability and security of the region. Where the attendees appreciate the efforts of the Iraqi government in the context of achieving economic reform in a way that secures sending positive messages that encourage investment in various sectors, benefit everyone, create an appropriate economic environment, and enhance the process of sustainable development and job creation. The participants emphasized support for the efforts of the Government of the Republic of Iraq in the reconstruction, provision of services, infrastructure support and strengthening the role of the private sector, as well as its efforts in dealing with the file of the displaced and ensuring the voluntary and dignified return to their areas after turning the page on terrorism. In turn, Iraq expressed its gratitude and appreciation for this active presence of leaders of brotherly and friendly countries, foreign ministers, regional and international organizations and diplomatic missions participating and monitoring in the Baghdad Conference for Cooperation and Partnership.
  6. Baghdad sends 200bn IQD transfer to Erbil for August A pile of Iraqi dinar banknotes (File) PM:02:01:29/08/2021 SULAIMANI — The federal government sent a monthly cash transfer of 200 billion Iraqi dinar ($137 million) to the Kurdistan Regional Government (KRG) on Sunday (August 29) for the second time since July, a source from the KRG Ministry of Finance told NRT. Under an agreement with Prime Minister Mustafa al-Kadhimi, the KRG began to receive a monthly stipend of 200 billion dinars per month in July. The agreement, however, does not resolve major budget disagreements between Erbil and Baghdad, which have prevented the implementation of the 2021 Federal Budget Law. KRG officials are keen to note that the stipend is not the Region’s budget share. During 2020, the KRG struggled to pay its employees, missing five monthly disbursements entirely and cutting four others by nearly a quarter. Government employees had their pay cut by twenty-one percent during the first six months this year. Workers were paid in full in July for the first time in more than a year. The KRG began distributing public sector salaries in full on August 25, even before receiving the transfer from Baghdad. The salary cuts have had a significant effect on the economy of the Kurdistan Region because of the KRG’s role as the Region’s most important employer. (NRT Digital Media)
  7. al-ahed news publishes the most important points of the final statement of the baghdad conferenceالعراق/السياسية/ Author: AhadNA3 On 08/28/2021 - 5:44 PM 61 The Baghdad Conference for Cooperation and Partnership held in Iraq, which was held with the participation of nine countries, namely Egypt, Iran, Saudi Arabia, Jordan, Qatar, UAE, Kuwait, Turkey and France, issued its final statement, of which Al-Alam channel obtained a copy. In the statement, the participants stressed the need to unify regional and international efforts, which would positively reflect on the stability and security of the region, while they welcomed the Iraqi diplomatic efforts to reach a common ground with the regional and international surroundings. He added, that Baghdad's embrace of this conference is a clear evidence of Iraq's adoption of a policy of balance and positive cooperation in its foreign relations. The participants renewed their support for the efforts of the Iraqi government in strengthening state institutions and holding elections that represent the Iraqi people. They also renewed their support for the efforts of the Iraqi government in strengthening state institutions and holding elections that represent the Iraqi people. The statement continued, that the participants recognized that the region faces common challenges that require dealing with them on the basis of common security and mutual interests. The participants emphasized support for the efforts of the Republic of Iraq in the reconstruction and provision of services and infrastructure support. The participants praised Iraq's great efforts and sacrifices in its war on terrorism, reiterating their rejection of all forms of terrorism. The statement indicated that the participants stressed the need for continued cooperation in confronting the Corona virus pandemic through the exchange of experiences and the transfer of successful experiences. The final statement pointed out that, "It was agreed on the need to unify efforts to deal with the challenges arising from climate change and global warming."
  8. Emmanuel Macron @EmmanuelMacron · 2h Government official - France Fight against terrorism, support structuring regional projects and real responses to the challenges of the Middle East. All of this can only be done together. The Baghdad Conference is historic. It is already a victory in itself. A new cooperation was born
  9. Al-Kazemi succeeds in the mission.. A regional and international consensus to support Iraq and welcome its upcoming elections politics , 2021/08/28 22:34 , the number of readings: 54الكاظمي-ينجح-في-المهمة--اجماع-اقليمي-ودولي-على-دعم-العراق-وترحيب-بانتخاباته-القادمة?latest Baghdad-Iraq today: The conference of Iraq's neighboring countries was launched in the capital, Baghdad, in which 9 countries, most of them from Iraq's regional neighborhood, and Arab and international organizations participate, and discuss economic cooperation and political files of interest to the region. The Prime Minister of Iraq, Mustafa Al-Kazemi, opened the activities of the conference, with a speech in which he stressed the importance of restoring normal life in all Iraqi cities, reiterating his request from the international community for the necessary support to complete and monitor the early elections, scheduled for next October. He added, "There is no return to wars and tense relations with neighbors. What unites the peoples of this region is greater than what divides them." He pointed out that "terrorism is trying to find a foothold," adding: "But we are constantly eliminating its attempts." In his speech, French President Emmanuel Macron said that his country "will remain committed to the side of the Iraqi forces," noting that "terrorism still exists in Iraq and Syria and we must stay to combat it." He stressed that combating terrorism means restoring stability to the areas that have suffered from it, and said: "We will guarantee the stability of Iraq if we guarantee the rights of all." Macron pointed out that missions from the European Union and the United Nations will monitor the upcoming Iraqi elections. As for Jordan's King Abdullah II, he said that support for Iraq is "a priority for all." He added, "Our meeting today is evidence of Iraq's central role in building bridges and rapprochement." He pointed out that "the security and stability of Iraq is part of the security and stability of the entire region." In his speech, the Emir of Qatar, Sheikh Tamim bin Hamad, praised Iraq's ability to play an active role in building peace in the region, pointing out that "from this standpoint, we announce our full support for it." He pointed out that "the region is going through challenges and crises that pose a threat to international peace and security." He expressed his regret over what Iraq has suffered in recent years, which has prevented the investment of its capabilities, pointing out that Qatar will continue to support and support Baghdad to achieve a comprehensive renaissance. The Emir of Qatar called on the international community to "provide support to Iraq to achieve security and stability," noting that "the security and stability of Iraq is part of the security and stability of the rest of the countries in the region." As for Egyptian President Abdel Fattah El-Sisi, he revealed his desire to launch a new phase of cooperation with Iraq, pointing out that "the brothers in Iraq have a determination to achieve lofty goals." He pointed out that "Egypt is looking with great interest to the achievements made in Iraq through the Al-Kazemi government," declaring its rejection of "all attacks and interference in Iraqi affairs and transgression on its lands." He indicated his desire to implement joint projects in accordance with the cooperation mechanism with Jordan and Iraq. Al-Sisi sent a message to the Iraqis, saying: "You are an ancient nation, build your future and the future of your children, and participate in choosing who will lead you to safety." In his speech, Prime Minister Sheikh "Sabah Khaled Al-Hamad Al-Sabah" expressed his country's support for Iraq to hold the parliamentary elections on time, pointing out that they are "pivotal" at this time. He pointed out that the region will not enjoy stability as long as Iraq lacks it. He reiterated Kuwait's rejection of foreign interference, and called for respect for Iraq's sovereignty and stability. Al-Sabah indicated that his country's relations with Iraq are moving towards a more comprehensive horizon, expressing his aspiration for the effective participation of the Kuwaiti private sector in the reconstruction of Iraq. As for Turkish Foreign Minister Mevlut Cavusoglu, he stressed the importance of Iraq not being an arena for competition between powers, but rather for cooperation and partnership. He said that his country is ready to provide support to Iraq to confront terrorist organizations, and to cooperate with countries in the region to enhance Iraq's stability. Cavusoglu indicated Turkey's readiness to assist in the reconstruction of Iraq by implementing vital projects. Before he renewed his rejection of the presence of the PKK on the territory of Iraq. As for Saudi Foreign Minister Prince Faisal bin Farhan, he said that "what the region is witnessing requires raising the level of coordination," reiterating Riyadh's support for Iraq and working on everything that preserves its security and stability. He said that the Kingdom's diplomacy is based on supporting peace, reducing conflicts and dialogue, pointing out that they are continuing to coordinate with Iraq and countries in the region to combat extremism and terrorism, adding: "We support Iraq's stability and territorial integrity, and we are also committed to supporting development." In his speech, Iranian Foreign Minister Hossein Amir Abdollahian called on the countries of the region to support the security and stability of Iraq, pointing out that his country was the first in the region to recognize the new Iraq. He said that Iraq plays an important role in the region and Iran, which motivates everyone to show solidarity with it and develop it. Abdullahian stressed that "achieving peace in the region must be through dialogue between everyone, away from foreign interference," noting that "the Americans will not bring security and peace to the peoples of the region." The Iranian foreign minister indicated that "our new government will work to strengthen relations with neighboring countries," and said, "Our new foreign policy will be balanced and effective." Representatives of the permanent members of the UN Security Council, namely the United States, Russia, China, France and the United Kingdom, will participate in the Baghdad Summit. The European Union, the Group of Twenty countries and the Gulf Cooperation Council will also participate. The "Cooperation and Partnership" conference will discuss files related to expanding economic partnerships, combating terrorism, supporting reconstruction projects in Iraq, and expanding cooperation between it and neighboring countries
  10. The International Development Bank occupies the first place at the level of banks in Iraq 2021-08-28 | 11:16اقتصاد/394519/مصرف-التنمية-الدولي-يحتل-المركز-الاول-على-مستوى-ال 3,095 views The International Development Bank occupies the first place at the level of Iraqi banks according to the classification of assets and the volume of deposits and banking facilities by the Future Iraq Foundation. Iraq Future Foundation issued the report for the first half of 2021 within a comprehensive analysis of the financial statements of the Iraqi private banks as a whole in terms of total assets, total customer deposits, total credit facilities and the value of property rights with the growth rates achieved at the level of each bank. The International Development Bank topped the list of Iraqi banks with the highest value of assets, reaching more than (1.32 trillion dinars), with a growth rate of 19.71%, meaning that the bank acquired about (10.61%) of the total assets of the banking sector as a whole, in addition to achieving growth in customer deposits. It amounted to 16.6% to reach (866) billion Iraqi dinars, as the bank acquired a rate of (16.28%) of the total deposits of the banking sector, and the total credit facilities amounted to (441) billion Iraqi dinars, with an annual increase of 19%, where this percentage constituted (14.54). %) of the total credit facilities granted by private Iraqi banks. This report comes to translate the distinguished achievements and results that the International Development Bank continues to achieve and the tireless efforts made by the Bank's senior management at the level of hard work to achieve the best desired results and to be added to the important achievements it achieves from time to time. It is noteworthy that the International Development Bank was established in 2011 and operates through 18 branches across the world Iraq and two representative offices in Lebanon And the United Arab Emirates, in addition to an expansion plan for branches to reach 25 branches by the end of 2021. The bank also uses the latest banking systems and technology, and the bank was a pioneer in obtaining the main membership from international payment companies Visa MasterCard, which contributed to the acquisition of a large share of the volume of localization of salaries of public and private sector employees and the installation of more than 250 ATMs worldwide. Iraq In addition to his recent contract to buy 300 new CBM ATMs and expand by publishing more of them, in addition to obtaining a large market share in Iraq Of the total commercial finance and comprehensive banking operations, he also won many international awards and recently received a global credit rating from Capital Intelligence for credit ratings with a rating of BB - similar to Arab and regional banks.
  11. Al-Kazemi: The Baghdad conference embodies Iraq's vision to establish the best relations with the worldالكاظمي-مؤتمر-بغداد-يجسد-رؤية-العراق-لاقامة-أفضل-العلاقات-مع-العالم Baghdad / Obelisk: The obelisk publishes the most prominent statements that Iraqi Prime Minister Mustafa Al-Kazemi spoke during the Baghdad conference: Al-Kazemi welcomes the countries participating in the Baghdad conference Al-Kazemi: Iraq has faced great challenges in various fields Al-Kazemi: The holding of the Baghdad conference embodies Iraq's vision for the necessity of establishing the best relations with the world Al-Kazemi: We pledged before the people to restore Iraq's leadership role Al-Kazemi: Iraq refuses to use its territory for regional and international conflicts Al-Kazemi: We reject Iraq as a starting point for threatening any party Al-Kadhimi: The Iraqi people have defeated ISIS with international help Al-Kazemi: We have seen international seriousness in supporting investment in Iraq Al-Kazemi: We opened the door to receive investment companies Al-Kazemi: We hope to achieve economic partnerships in the Baghdad conference Al-Kazemi: We hope to achieve economic partnerships in the Baghdad conference Al-Kazemi: Al-Sistani’s meeting with the Pope represents a qualitative leap in tolerance and brotherhood Al-Kazemi: We seek to activate projects and restore life in all cities of Iraq Al-Kazemi: We asked the international community to support the October elections Al-Kazemi: We received international support to hold the October elections Al-Kazemi: There is no return to non-democratic paths Continued obelisk
  12. 2021/08/28 16:42 Jordan looks forward to strengthening economic and trade relations with Iraqالاردن-تتطلع-لتعزيز-العلاقات-الاقتصادية-والتجارية-مع-العراق-من-خلال-الاتفاقات Baghdad / Obelisk: The President of the Republic, Barham Salih, received, Saturday, August 28, 2021, King Abdullah II, King of the Hashemite Kingdom of Jordan. During the meeting, they discussed the deep bilateral relations that bring together the two neighboring countries, as the importance of strengthening them in various fields was emphasized through bilateral agreements, as well as through tripartite cooperation with Egypt, where it was noted that this cooperation is important and serves the whole region through achieving economic and commercial integration By supporting investment and cooperation in the sectors of energy, electrical interconnection, oil transportation and infrastructure projects. During the meeting, regional developments were discussed, as the importance of the Baghdad Conference for Cooperation and Partnership was emphasized in enhancing cooperation, overcoming crises and moving towards security and stability in the region as a priority for all. It promotes a better life for all the people of the region. He added that Iraq's balanced relations aim to achieve security and stability in the region, and that Iraq's role in this is important and pivotal, and its security and stability must be ensured, which will reflect positively on everyone, and establish broader horizons based on peace and moving towards economic interconnections. For his part, King Abdullah expressed his happiness to visit Baghdad again, praising the growing joint relations, and once again his country's support for Iraq in maintaining its security and stability, and looking forward to strengthening economic and trade relations through the aspirations set in this regard, by strengthening the agreements concluded between the two sides.
  13. Iraq and Kuwait discuss reducing the causes of regional and international conflictsالعراق-والكويت-يبحثان-الحد-من-أسباب-الصراعات-الإقليمية-والدولية Baghdad / Obelisk: The Prime Minister, Mustafa Al-Kazemi, discussed with the Prime Minister of the State of Kuwait, Sabah Al-Sabah, Saturday, August 28, 2021, reducing the causes of regional and international conflicts. Al-Kazemi's office said in a statement, that the latter met the Prime Minister of the State of Kuwait, Sheikh Sabah Khaled Al-Sabah, on the sidelines of the Baghdad Conference for Cooperation and Partnership, which started its work today, where they discussed ways to strengthen relations and joint cooperation, in light of the principles of partnership and bilateral coordination, towards issues of concern. and strengthening bilateral positions that consolidate the security and stability of the region. During the meeting, Al-Kazemi stressed Iraq's keenness to strengthen the participants, reduce the causes of regional and international conflicts, direct joint efforts towards solving outstanding problems, and moving the region towards sustainable development. For his part, Al-Sabah praised Iraq's role in strengthening the pillars of international and regional stability, stressing the keenness of the State of Kuwait to strengthen joint work, leading to achieving economic integration and reducing sources of tension and instability in the region.
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