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Mary B

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  1. Sudanese advisor reveals the benefits of Iraq joining the European Development Bank Economy 11:26 - 2024-03-22 Today, Friday, the Prime Minister's Advisor for Financial Affairs, Mazhar Muhammad Salih, summarized the benefits of Iraq joining the European Bank for Reconstruction and Development. Saleh said, in a press statement: “There is a positive syndrome between building the development strategy that is embodied today by the government’s philosophy of launching a development initiative with comprehensive sectoral economic ties, which is called the (Development Road) project, which is the corridor and strategic project that connects the European Union countries in Asia via... Iraq and the Gulf sea lanes and vice versa on the one hand, and the requirements for implementing the various stages of the development path through the role occupied by Iraq’s membership in the European Bank for Reconstruction and Development on the other hand, especially in the preferences for obtaining European technology and ensuring the role of European Union countries’ companies in implementing the development path in all its aspects, whether In infrastructure, industrial production projects and various logistics services. He added, "Membership provides our country with the possibility of obtaining concessional financing and technical assistance and European requirements in supporting development activity in our country in its various aspects and sectors," adding that "Iraq's accession to membership in the European Bank for Reconstruction and Development represents a broad vision that carries strategic dimensions in the cohesion of the economic development climate in Iraq, in accordance with the requirements of the government program and the national development plan 2024-2028, while embodying our country’s needs for the sustainability of international cooperation in reconstruction, development and sustainable development activity in the long term.” https://kirkuktv.net/AR/Details/20111
  2. A government advisor summarizes the benefits of Iraq joining the European Development Bank March 22, 2024 Baghdad/Al-Masala Al-Hadath: The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Salih, on Friday, summarized the benefits of Iraq’s membership in the European Bank for Reconstruction and Development. Saleh said, “There is a positive syndrome between building the development strategy that is embodied today by the government’s philosophy of launching a development initiative with comprehensive sectoral economic ties, which is called the (Development Road) project, which is the strategic corridor and project that connects the European Union countries in Asia through Iraq and the Gulf sea lanes.” And vice versa, on the one hand, and the requirements for implementing the various stages of the development path through the role occupied by Iraq’s membership in the European Bank for Reconstruction and Development on the other hand, especially in the preferences for obtaining European technology and ensuring the role of European Union countries’ companies in implementing the development path in all its aspects, whether in infrastructure or projects. Industrial productivity and various logistics services.” He added, “Membership provides our country with the possibility of obtaining concessional financing and technical assistance and European requirements in supporting development activity in our country in its various aspects and sectors,” adding that “Iraq’s accession to membership in the European Bank for Reconstruction and Development represents a broad vision that carries strategic dimensions in cohesive economic development climate in Iraq, in accordance with the requirements of the government program and the national development plan 2024-2028, while embodying our country’s needs for the sustainability of international cooperation in reconstruction, development and sustainable development activity in the long term.” https://almasalah.com/archives/86272
  3. A parliamentary committee decides to host officials from the Iraqi Central Bank to discuss the loan and interest mechanism 2024-03-21 10:22 Share Font Shafaq News/ The Parliamentary Finance Committee announced, on Thursday, the imminent hosting of bank officials to follow up on the initiative of the Central Bank of Iraq and the loan and interest mechanism to finance projects and loans. Committee member Mustafa Al-Karaawi told Shafaq News Agency: “The Parliamentary Finance Committee is closely following the Central Bank’s initiative and the mechanism for issuing loans from banks to finance medium and small projects and housing loans, in addition to employee advances.” He added, "The Parliamentary Finance Committee will, in the coming period, host officials at the Central Bank and general managers of banks to discuss the mechanism for granting loans, interest, and the repayment period, provided that the interest is decreasing." https://shafaq.com/ar/اقتصـاد/لجنة-نيابية-تقرر-استضافة-مس-ولين-في-المركزي-العراقي-لمناقشة-لية-القروض-والفوا-د
  4. A government advisor summarizes the benefits of Iraq joining the European Development Bank money and business Economy News - Baghdad Today, Friday, the Prime Minister's Advisor for Financial Affairs, Mazhar Muhammad Salih, summarized the benefits of Iraq joining the European Bank for Reconstruction and Development. Saleh told the official agency, followed by “Al-Iqtisad News”: “There is a positive syndrome between building the development strategy that is embodied today by the government’s philosophy of launching a development initiative with comprehensive sectoral economic ties, which is called the (Development Road) project, which is the corridor and the strategic project that connects the countries of the Union.” Europe in Asia via Iraq and the Gulf sea lanes and vice versa on the one hand, and the requirements for implementing the various stages of the development path through the role occupied by Iraq’s membership in the European Bank for Reconstruction and Development on the other hand, especially in the preferences for obtaining European technology and ensuring the role of European Union countries’ companies in implementing The path of development in all its aspects, whether in infrastructure, industrial production projects, and various logistical services.” He added, "Membership provides our country with the possibility of obtaining concessional financing and technical assistance and European requirements in supporting development activity in our country in its various aspects and sectors," adding that "Iraq's accession to membership in the European Bank for Reconstruction and Development represents a broad vision that carries strategic dimensions in the cohesion of the economic development climate in Iraq, in accordance with the requirements of the government program and the national development plan 2024-2028, while embodying our country’s needs for the sustainability of international cooperation in reconstruction, development and sustainable development activity in the long term.” Views 27 Added 03/22/2024 - 11:59 AM https://economy-news.net/content.php?id=41732
  5. Sudanese advisor reveals the benefits of Iraq joining the European Bank membership Economy | 11:45 - 03/22/2024 Mawazine News Today, Friday, the Prime Minister's Advisor for Financial Affairs, Mazhar Muhammad Salih, summarized the benefits of Iraq joining the European Bank for Reconstruction and Development. To receive more news, subscribe to our channel on Telegram. Saleh said, to the official agency, followed by Mawazine News, that “there is a positive syndrome between building a development strategy that is embodied today by the government’s philosophy of launching a development initiative with comprehensive sectoral economic ties, which is called the (Development Road) project.” It is the corridor and the strategic project that connects the European Union countries in Asia via Iraq and the Gulf sea lanes and vice versa on the one hand, and the requirements for implementing the various stages of the development path through the role that Iraq’s membership in the European Bank for Reconstruction and Development occupies on the other hand, especially in the preferences for obtaining European technology. And ensuring the role of European Union companies in implementing the development path in all its aspects, whether in infrastructure, industrial production projects, and various logistical services.” He added, "Membership provides our country with the possibility of obtaining concessional financing and technical assistance and European requirements in supporting development activity in our country in its various aspects and sectors," adding that "Iraq's accession to membership in the European Bank for Reconstruction and Development represents a broad vision that carries strategic dimensions in the cohesion of the economic development climate in Iraq, in accordance with the requirements of the government program and the national development plan 2024-2028, while embodying our country’s needs for the sustainability of international cooperation in reconstruction, development and sustainable development activity in the long term.” https://www.mawazin.net/Details.aspx?jimare=244348
  6. Iraq's accession to the European Bank for Reconstruction and Development Economy | 12:13 - 03/20/2024 Mawazine News - Baghdad The Iraqi Fund for External Development in the Ministry of Finance announced on Wednesday that the Republic of Iraq has joined the membership of the European Bank for Reconstruction and Development (EBRD) after the House of Representatives approved the accession law. The Finance Ministry said in a statement, received by Mawazine News, that this comes within the Ministry’s vision to strengthen cooperation and communication frameworks between Iraq and international financial institutions, and after the Fund’s continuous coordination with the management of the European Bank, the completion of Iraq’s contribution process, and the completion of all documents related to accession. The Fund confirmed, according to the Finance Statement, that accession will enable the European Bank to finance projects within the country, promote development of various sectors, support the entrepreneurship initiative, and support the private sector through investments and participation in policy dialogue and technical assistance. The statement indicated that the European Bank for Reconstruction and Development (EBRD) is a multilateral development bank headquartered in London, and focuses on investment as a tool to rebuild market economies in beneficiary countries, with an emphasis on supporting the private sector and its investments in advisory and political activities. According to the Iraqi Finance Ministry, this bank helps countries develop their policies to promote self-sufficiency in energy or renewable energy markets. https://www.mawazin.net/Details.aspx?jimare=244232
  7. Iraq joins the membership of the European Bank for Reconstruction and Development Economy 03-20-2024 | 03:33 Source: Alsumaria News 752 views Alsumaria News - Economy The Iraqi Fund for External Development in the Ministry of Finance announced today, Wednesday, March 20, 2024, that the Republic of Iraq has joined the membership of the European Bank for Reconstruction and Development (EBRD) after the House of Representatives approved the accession law. 0 seconds of 0 seconds Volume 0% The Ministry of Finance stated in a statement received by Al-Sumaria News that this comes within the Ministry’s vision to strengthen frameworks of cooperation and communication between Iraq and international financial institutions, and after the Fund’s continuous coordination with the management of the European Bank, the completion of Iraq’s contribution process, and the completion of all documents related to accession. According to the statement, the Fund confirmed that accession will enable the European Bank to finance projects within the country, promote development of various sectors, support the entrepreneurship initiative, and support the private sector through investments and participation in policy dialogue and technical assistance. It should be noted that Iraq had previously submitted an application to join the Bank in April 2018, and the Board of Governors approved its membership in October 2020. The process of transitioning to becoming a contributing member has now been completed. As a shareholder, Iraq can apply to benefit from the financial and political support provided by the European Bank for Reconstruction and Development. The President of the European Bank for Reconstruction and Development, Odile Renaud-Basso, said: “I am pleased to welcome Iraq as a member of the Bank. We are fully committed to engaging with the country, and when the time comes, we look forward to starting work in Iraq, and applying our expertise to develop its economy.” The European Bank for Reconstruction and Development (EBRD) is a multilateral development bank headquartered in London. The bank focuses on investment as a tool to rebuild market economies in beneficiary countries, with an emphasis on supporting the private sector and its investments in advisory and political activities. The bank also helps countries develop their policies to enhance self-sufficiency. Self-energy or renewable energy markets. The European Bank for Reconstruction and Development (EBRD) was established in 1991 to help former communist countries in Eastern Europe transition to a market economy. The Group of Seven major countries owns a majority stake in the bank. In recent years, the bank began expanding its geographical scope to countries including Egypt, Tunisia and Morocco. Earlier this year, the bank's shareholders gave the green light for Algeria to become a member. The Foundation launched its operations in the southern and eastern Mediterranean region in 2011, and has so far invested nearly 19 billion euros in 363 projects to support the private sector and sustainable development. Also, during the years 2025 to 2030, the bank plans to invest in approximately six countries in sub-Saharan Africa. At the beginning of its establishment, the Multilateral Development Bank focused on the countries of the former Eastern Bloc, and sought to support development in 30 countries from Central Europe to Central Asia. https://www.alsumaria.tv/news/economy/484453/العراق-ينضم-الى-عضوية-البنك-الأوروبي-لإعادة-الإعمار-والتنمية
  8. The Iraqi government is currently weighing the question of changing the currency so that the official cost of a US dollar will be 1.32 Iraqi dinars instead of 1,320 dinars. Implementing such a decision is likely to significantly increase Al Sudani’s popularity. https://www.jpost.com/middle-east/article-791161 is that .76 cents
  9. Parliamentary Finance begins the session hosting the Central Bank Governor Thursday 14, March 2024 12:26 | EconomicalNumber of readings: 316 Baghdad / NINA / Today, Thursday, the Parliamentary Finance Committee held a special session to host the Governor of the Central Bank of Iraq, Ali Al-Alaq, and officials of the bank’s Board of Directors, to discuss the files of financing the Central Bank’s sales of currency in the local market, the procedures of the electronic platform for selling the dollar, and oversight of private banks and bonds. Government and follow-up procedures for electronic payment cards./End 5 https://ninanews.com/Website/News/Details?key=1112902
  10. Parliamentary Finance Committee: We look forward to coordinating with the Central Bank to increase the value of the dinar and control the market Thursday 14, March 2024 13:43 | EconomicalNumber of readings: 160 Laghdad / NINA / The Parliamentary Finance Committee expressed its aspiration to coordinate with the Central Bank to increase the value of the dinar and control the market. She told the House of Representatives Media Department in a statement that, “The Finance Committee met under the chairmanship of Atwan Al-Atwani, in the presence of its members, with the Governor of the Central Bank, Ali Al-Alaq, to discuss monetary policy, the banking system in the country, and ways to increase the value of the Iraqi dinar.” At the beginning of the hosting, which was held at the committee’s headquarters, the Chairman of the Committee stressed “the importance of following up on the economic file and monetary policy, based on the supervisory side, and finding appropriate solutions to the obstacles facing the work of the Central Bank.” The Finance Committee expressed its "aspiration to coordinate with the Central Bank in order to increase the value of the Iraqi dinar and control the market in order to alleviate the burdens of citizens and address the deficit." For his part, the Governor of the Central Bank reviewed, according to the statement, "the economic and monetary aspect, pointing out" the establishment of basic rules in order to monitor the remittance process and analyze monetary operations, praising "the role played by the Finance Committee in following up the country's financial and economic movement." The committee discussed with the Governor of the Central Bank the approved international standards, future plans to improve the status of banks, the possibility of expanding relations with international banks, drawing up the structure of banks, and moving towards the electronic payment process, in addition to the possibility of amending the Central Bank law./End 5 https://ninanews.com/Website/News/Details?key=1112920
  11. Parliamentary Finance is discussing with the Governor of the Central Bank a number of important files Today, Thursday, the Parliamentary Finance Committee expressed its aspiration to coordinate with the Central Bank to increase the value of the dinar and control the market. The House of Representatives Media Department stated in a statement, “The Finance Committee met under the chairmanship of Atwan Al-Atwani, in the presence of its members, with the Governor of the Central Bank, Ali Al-Alaq, to discuss monetary policy, the banking system in the country, and ways to increase the value of the Iraqi dinar.” At the beginning of the hosting, which was held at the committee’s headquarters, the Chairman of the Committee stressed “the importance of following up on the economic file and monetary policy, based on the supervisory aspect, and finding appropriate solutions to the obstacles facing the work of the Central Bank.” The Finance Committee expressed its "aspiration to coordinate with the Central Bank in order to increase the value of the Iraqi dinar and control the market in order to alleviate the burdens of citizens and address the deficit." For his part, the Governor of the Central Bank reviewed “the economic and monetary aspect, pointing out” the establishment of basic rules in order to monitor the remittance process and analyze monetary operations, praising “the role played by the Finance Committee in following up on the country’s financial and economic movement.” The committee discussed with the Governor of the Central Bank the approved international standards, future plans to improve the status of banks, the possibility of expanding relations with international banks, drawing up the structure of banks, and moving towards the electronic payment process, in addition to the possibility of amending the Central Bank law. https://kirkuktv.net/AR/Details/20007
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