Spiked Camel Kava Lava Java With Guava !

[DinarThug]

LINK

Parliamentary Finance: The government approved the price of $ 56 a barrel of oil in the 2020 budget

 

 

17:39 - 24/12/2019

 

 

The Parliamentary Finance Committee confirmed, on Tuesday, that the Council of Ministers approved the price of $56 per barrel of oil within the draft federal budget law for 2020, while it indicated that the price of selling oil may rise after discussion in Parliament.

Committee member Hanin Qaddo said in a statement to "Information", that "the cabinet approved the price of $ 56 per barrel of oil within the draft federal budget law for 2020," noting that "the government has not yet sent the federal budget items to the House of Representatives."

He added that "the House of Representatives may raise the price of selling a barrel of oil to more than 60 dollars after discussing the budget that will be sent to it," noting that "raising and lowering the price of selling oil depends on international oil prices and the size of the fiscal deficit in the budget."

The Parliamentary Finance Committee confirmed, earlier, that the dispatch of the Council of Ministers to the Federal Budget Bill for 2020 is dependent on naming the new Prime Minister. 

[DinarThug]

LINK

Trade Bank of Iraq

 

24th December, 2019

 

We would like to inform our valued customers
The branches of the Iraqi trade bank mentioned below will stop providing all kinds of banking services on Tuesday, 2019/12/31 at 11 am for annual inventory.

- Erbil Branch.
- Sulaymaniyah Branch.
- Gray Branch.
- Kharthiye Branch.
- Pool Branch.
- Iraqi Red Crescent Society Branch.
- Pub Mall Branch.
- Babylon mall branch.
- Prestige Khatun Branch.
Baghdad International Airport Branch.
- International Region Branch.
- Branch of the house of representatives
- the suit branch.
- Karbala Branch.
- Najaf Branch.
- Kut Branch.
- the building branch.
- Basra Branch.

Work in the branches will resume on Sunday, 2020/1/5
So it needed to be mentioned.

 

 

##############

 

24th December, 2019

 

We would like to inform our valued customers
The branches of the Iraqi trade bank mentioned below will stop providing all types of banking services on Monday, 2019/12/30 at 11 am for annual inventory.

- Liberation Branch.
- Ministry of oil branch.
- Maysan Oil Company Branch.
- M Mall of sulaymaniyah.
- M Mall Erbil Branch.
- Nasiriyah Branch.

Work in the branches will resume on Sunday 2020/1/5
So it needed to be mentioned.

[DinarThug]

LINK

Iraq announces the export of more than 100 million barrels of oil within a month

 

25th December, 2019

The Ministry of Oil announced the total oil exports and revenues accrued for the month of last November, according to the final statistic issued by the Iraqi Oil Marketing Company (SOMO), where the amount of exports of crude oil reached (105) million and (14) thousand and (747) A barrel, with revenues amounting to (6) billion and (304) million and (928) thousand dollars.

A spokesman for the Ministry of Oil, Assem Jihad, said that the total quantities exported of crude oil for the month of last November from the oil fields in central and southern Iraq amounted to (102) million and (5) thousand and (95) barrels, with revenues amounting to (6) billion and (137) Two million and (648) thousand dollars, while the quantities exported from Kirkuk oil through the port of Ceyhan (2) million and (381) thousand and (65) barrels, with revenues amounting to (140) million and (663) thousand and (780) dollars While exports from Qayyarah field reached (293) thousand and (969) barrels, revenues amounted to (10) million and (884) thousand and (496) dollars, while the quantities exported through Al-Samoud refinery to Jordan were (334) thousand and (618). (Barrel of revenue amounted to) 15) million and (732) thousand and (434) dollars.

Jihad explained that the average price per barrel was (60.039) dollars. He pointed out that the exported quantities were loaded by (35) international companies of various nationalities, from the ports of Basra, Khor Al-Amaya, and unilateral buoys on the Gulf and the Turkish port of Ceyhan.

[Laid Back]

“We would like to inform our valued customers
The branches of the Iraqi trade bank mentioned below will stop providing all types of banking services on Monday, 2019/12/30 at 11 am for annual inventory.

- Liberation Branch.
- Ministry of oil branch.
- Maysan Oil Company Branch.
- M Mall of sulaymaniyah.
- M Mall Erbil Branch.
- Nasiriyah Branch.

Work in the branches will resume on Sunday 2020/1/5
So it needed to be mentioned.“

Enough time to RV the currency 1/1/20.

Merry Christmas DT.

 

[DinarThug]

9 minutes ago, Laid Back said:

Enough time to RV the currency 1/1/20.

Merry Christmas DT.

Merry Christmas Hammock Boy !  

 

 

And Don’t Worry About A Thing - I’ve Got The Bro’s Here With Me To Help Make It Happen !  

 

 

     

[davis411]

This is a mmmmmm

moment

 

thanks thugs and laid back

 

sounds really interesting 

 

merry Xmas guys and gals

[TMills6864]

A week to do "inventory" -- what the heck do they have to inventory or even audit that takes THAT long... I just don't understand those people.

 

[GregHi]

13 minutes ago, TMills6864 said:

A week to do "inventory" -- what the heck do they have to inventory or even audit that takes THAT long... I just don't understand those people.

 

They do this every year..

[DinarThug]

{Arab Criticism} discusses financial inclusion

 

Wednesday 25 December 2019

 

 

Baghdad / Al-Sabah

 

 

Today, Thursday, a session on "Financial Inclusion", organized by the Training and Capacity Building Institute of the Arab Monetary Fund, will be concluded at the Fund’s headquarters in Abu Dhabi, which started yesterday. the first .

A post on the fund's website, followed by "Al-Sabah", said: "The issue of financial inclusion has gained increasing importance after the recent global financial crisis in the year.  2008".

The session covered concepts of financial inclusion and policies related to promoting financial inclusion and the experiences of Arab countries in this regard.

"The interest from various financial and economic policy makers in many developed and developing countries began to focus on the issue of financial inclusion and the extent of the ability to access financial services for different segments of society, especially the disadvantaged and targeted groups of the financial system, because this issue has an impact on financial stability," the publication said. Social and economic development as well as consumer protection Financial. "

He continued, "International reports indicate that about 31 percent of the world's adult population do not have bank accounts, while in the Arab countries the figure is about 63 percent in The average. "

He stressed, "From here emerges the importance of providing financial services to all segments of society easily and easily, in the sense of enabling all members of society to obtain financial services in a fair, transparent and reasonable cost. 

Some indicators can be used to measure financial inclusion, such as the number of savings accounts open with financial institutions, the use of ATMs, and the use of credit cards Etc. "

He suggested, "It is hoped that the spread of financial services and easy access to finance for all segments of society will lead to increased economic growth", and "requires providing the appropriate environment for the success of the endeavor such as systems and skills to enable all segments of society to obtain services Finance. "
LINK

[DinarThug]

12-25-2019  Intel/Newshound Guru Delta  ...

the Education Minister in the Parliament they stated that in the budget 2020 they have this grant for students

and the amount is 30,000 dinar only...

30K doesn't make sense...30K at this rate isn't even $25. 

That doesn't make sense...

which is more confirmation of what's in our opinion what you're waiting for with the dinars...

[Spartakus]

I don't recall that every end of  year the banks in Iraq stopped all type of transactions with their customers for a full week for inventory, I probably missed it. But just hopefully this time there is more behind it.

[davis411]

47 minutes ago, Spartakus said:

I don't recall that every end of  year the banks in Iraq stopped all type of transactions with their customers for a full week for inventory, I probably missed it. But just hopefully this time there is more behind it.

Likewise

a day or 2 maybe

but I don’t remember being that long of a shut down

 

but on other hand I don’t remember a hour ago either

[DinarThug]

6 hours ago, davis411 said:

but on other hand I don’t remember a hour ago either

That’s Because It Was Happy Hour ...

 

     

[DinarThug]

Parliamentary Finance: The Civil Service Law will contribute to eliminating the huge differences between the salaries of state employees

 

By Ali 26/12/2019 12:28 AM | Views: 185

 

Al-Ahed News - Baghdad

 

The Parliamentary Finance Committee confirmed, yesterday, Wednesday, that "federal civil service law legislation will contribute to canceling and redefining the huge differences between the salaries of the highest and lower levels of state employees ."

A member of the committee, Haneen Al-Qudo, said in a press statement, which was read by Al-Ahd News, that "the civil service law was subject to study and discussion within the parliamentary financial committee before it was submitted to the presidency of the parliament for approval ."

He added, "The law focuses on the job from the administrative controls and updating the jobs, and defining the responsibilities and powers in all the job grades in the state departments, as well as defining the penalties and penalties in relation to absence or insulting the literature, as well as referral to retirement ."

And, "There is no new scale for the salaries of employees, but there is a topic for determining the salaries of employees of the higher and lower levels in state departments, and consequently, the passage of the law will redefine those salaries according to the degrees of their employees in a sound scientific manner, and eliminate any financial differences ."

He explained, "The Parliamentary Finance Committee put this issue on the shoulders of the government and the cabinet to set a new scale for salaries, because there are salaries that do not meet the size of economic inflation in Iraq, and the government is supposed to conduct a comprehensive study of employee salaries, reduce differences and amend some salaries ."

He noted that "the salary scale of employees needs to be reviewed continuously to suit the general economic situation of the country ."

Finished..mr

LINK

[screwball]

12 hours ago, davis411 said:

Likewise

a day or 2 maybe

but I don’t remember being that long of a shut down

 

but on other hand I don’t remember a hour ago either

Agree from my knowledge they never have this is a first 

[DinarThug]

LINK

Iraq Future Project (IraqFuture) Launched

 

26th December, 2019

 

On Thursday morning, the activities of the "Iraq of the Future" conference, with the participation of the Canadian Embassy in Baghdad, the Central Bank of Iraq, the World Bank, the Industrial Bank and the National Insurance Company, in addition to the owners of industrial projects, started at the station's headquarters for entrepreneurship

This distinguished event, organized by the Iraqi Canadian Chamber of Commerce and Industry in cooperation with the Awal Consulting Company, aims to launch the "Iraq of the Future" project to support small and medium industrial projects for young people in addition to empowering women and enhancing their contribution to the Iraqi economy, which is a real gain for Iraqi women
 
For his part, the president of the Iraqi and Canadian Chamber of Commerce and Industry, Yasser Al-Muammar confirmed during the conference that "this conference has highlighted the role of the chamber in supporting small and medium industrial companies in Iraq, considering that these companies are the backbone of the Iraqi economy, and discussing the best methods to build a true partnership between the two government sectors And the special in innovation, research and development, in addition to enabling women in Iraq to play an active role in the world of entrepreneurship through various initiatives and programs and the facilities provided by the Chamber, which will contribute to business development

While the CEO of Awal Consulting Company Manar Al-Ubaidi stressed that "the project is the real launch for developing the spirit of industrial innovation and leadership among young people by opening a wide space for the participation of all young people in Iraq (women and men) and linking them to the needs of the labor market and creating more job opportunities in preparation for contributing to sustainable development." in Iraq

Khaled Al-Saffar, one of the participants and applicants in these industrial projects, said that "the launch of the Iraq of the Future project is the goal that every entrepreneur aspires to," noting that "the role of the Iraqi Canadian Chamber of Commerce and Industry in facilitating financing operations, accessing information sources and providing the required studies In cooperation with Awal Consulting, it has given another dimension to the model of small and medium industrial projects

###############

The Iraqi Chamber Of Commerce And Industry Announces The Iraq Future Project (IraqFuture)

LINK

[DinarThug]

LINK

Trade Bank of Iraq

 

26th December, 2019

 

We would like to inform our valued customers...

External Atm machines across all our branches and located in the commercial areas are also working continuously, and will not be stopped from the end of the year for annual inventory and you can withdraw your salaries through them.

So it needed to be mentioned.

[DinarThug]

LINK

Oil is rising with support from the hopes of the US-China trade agreement and OPEC cut

 

26th December, 2019

 

Oil prices rose on Thursday, supported by a possible breakthrough in the trade war between the United States and China and OPEC-led efforts to curb supplies, although trading was calm with holiday atmosphere dominating many markets

By 0651 GMT, Brent crude rose 28 cents, or 0.4 percent, to $ 67.48 a barrel

US West Texas Intermediate crude rose 25 cents, or 0.4 percent, to $ 61.36 a barrel

US President Donald Trump said on Tuesday that there will be a signing ceremony attended by his Chinese counterpart Xi Jinping for the so-called one-stage agreement to end the trade dispute between the two countries that was reached earlier this month

The nearly 17-month-old trade war has hurt global economic growth and oil demand, resulting in price movements in a limited range for most of the year

The drop in demand also reduced the effectiveness of supply cuts implemented by the Organization of Petroleum Exporting Countries (OPEC) and allies, including Russia

The group, called OPEC +, agreed to extend and increase production cuts that would displace up to 2.1 million barrels per day of supply from the market, or about two percent of global demand

[DinarThug]

LINK

SOMO: Chinese and Indian companies are the most buying Iraqi oil for November

 

 

26th December, 2019

 

The Iraqi Oil Marketing Company "SOMO" announced, Thursday, that the Chinese and Indian oil companies were the most buying Iraqi oil during last November

"Sumo" stated in an official statistic published on its official website and viewed by "Al-Iqtisad News", that "Chinese and Indian companies were the most numerous among other international companies buying Iraqioil and by 7 companies each out of 34 companies that bought oil during the month of November the past

Sumo added that "the American companies came in third place with 4 companies, followed by South Korean companies and 3 companies, Greek, British and Italian with two companies", noting that "the rest was distributed among Egyptian, Jordanian, Portuguese, Russian, Turkish, Malaysian and Spanish companies

Sumo indicated that she "depends in selling her Iraqi oil on the main criteria for contracting with the major international oil companies, independent and integrated government vertically

The Ministry of Oil had established the end of 2018 marketing mechanisms for 2019, which were adopted on the basis of the importance of each market in terms of the volume of demand and the revenue achieved per barrel

[DinarThug]

LINK

Parliamentary investment: The government intends to send the terms of the economic agreement with China to the House of Representatives

 

 

 

19:58 - 25/12/2019

 

The Parliamentary Economic Committee confirmed, on Wednesday, that the Council of Ministers has directed to send the terms of the economic agreement with China to the House of Representatives, while it indicated that the agreement should be discussed within the House of Representatives to know the size of investment and service projects that China will provide.

Committee member Nada Shaker said in a statement to "Information", that "the government did not send the terms of the economic agreement with China to the House of Representatives despite a long time since the agreement was concluded," pointing out that "the Parliamentary Economic and Investment Committee asked the cabinet to send the terms of the agreement for information." It and discuss it.”

She added that "the economic agreement with China should be discussed within the parliament for the existence of projects in it that need to legislate laws, financial allocations and other technical matters," noting that "the cabinet has a tendency to send the terms of the economic agreement with China to the parliament in the coming days."

The economic expert, Qusai Safwan, confirmed today, Wednesday, that the economic agreement signed by Iraq with China will not affect the Iraqi oil exports registered with OPEC, pointing out that what will be granted to Chinese companies is considered domestic consumption.

[DinarThug]

LINK

Its trade exchange increased three times .. This is how Saudi Arabia invested the demonstrations in Iraq!

 

 

25th December, 2019

The Saudi Cabinet approved memoranda of understanding with the Iraqi side in the areas of transport, communications and trade.

The Saudi News Agency mentioned the details of the session, which was held by the Council of Ministers and chaired by the King of Saudi Arabia, where he announced the Kingdom's approval of a memorandum of understanding between the government of the Kingdom of Saudi Arabia and the government of the Republic of Iraq for economic cooperation. Has Iraq moved to do business with Saudi Arabia? Can Saudi Arabia fill the economic void in Iraq because of the sanctions on Iran?

The Russian Sputnik Agency quoted a spokesman for the Salvation and Development Front, the economic expert, Yahya Al-Sultani, as saying that "the issue of approval of the Memorandum of Understanding between the Iraqi and Saudi sides coincided with the demonstrations in Iraq, which is something that has served the Saudi side, especially since the trade exchange between Saudi Arabia and Iraq were up to 400 million dollars, and during the period of the demonstrations it increased three times, as the trade exchange between the two countries reached one billion and three hundred million dollars.

Al-Sultani added, "The issue of demonstrations taking place in Iraq is one of the reasons that led to the expansion of commercial activity between Iraq and Saudi Arabia, as the scarcity of Iranian goods due to poor demand for them, in addition to the quality of Saudi goods, prompted the Iraqi citizen to go towards Saudi goods."  He stressed, "The Iraqi merchants are heading towards Saudi Arabia, because the Iranian goods are experiencing stagnation and reluctance from their consumption, so the Saudi side took advantage of this and activated its commercial movement with Iraq, through memoranda of understanding, in order to bridge the shortfall that occurs in the Iraqi market, due to the lack of import of goods." Iranian."

He pointed out, "The Memorandum of Understanding signed between Iraq and Saudi Arabia includes land and sea transport issues, in addition to merchandise trade, as Saudi Arabia will transport goods not only to Iraq, but also to Turkey and Central Asia through Iraqi lands, which is a strategic idea that the Kingdom is carrying out, in order to achieve economic stability. For her, and to implement her vision for 2030, which was issued in order to achieve this 14 decrees, including the Memorandum of Understanding between the Iraqi and Saudi ministries of transport.

[DinarThug]

LINK

After a 16-year hiatus ... life comes to life in the largest industrial city in Diyala

 

 

 

22:28 - 25/12/2019

 

 

A local official in Diyala province confirmed on Wednesday that life has come to life in the largest industrial city in the province after a 16-year hiatus.

The director of Bani Saad Najm Al-Saadi’s district told Al-Maalouma that “the industrial city at the outskirts of Bani Saad is the largest on the Diyala level and it includes more than 400 factories, companies, businesses and workshops to manufacture dozens of types of goods, whether industrial or food, or spinning and weaving.”

Al-Saadi added, "The vast majority of them have been suspended for 16 years, although they represent a great economic source, as they provide job opportunities for thousands of unemployed." He stressed that "the last months, life started in them again through the return of activity in some factories and factories, especially those concerned with the food industry, because The demand to support the national product and the presence of good marketing sources at the present time.

The director of the Saadiyeh District pointed out that "the return of the industrial zone in the district will create a qualitative leap in the economy and guarantee great job opportunities for young people with various specializations, pointing out that great hopes are represented by the industrial zone after the recent production movement."

Most of the factories and laboratories of the industrial zone in Bani Saad district stopped after 2003 due to overlapping factors, most notably import and lack of support in addition to security disturbances.

[DinarThug]

LINK

Parliament ends the second reading of the first amendment to the Federal Financial Management Law

 

 

 

15:43 - 26/12/2019

 

 

On Thursday, the House of Representatives finished the first reading of the amendment to the Financial Management Law.

The correspondent of "Information" said that the House of Representatives finished the second reading and discussed a report for the proposed law of the first amendment of the Federal Financial Management Law.

And the House of Representatives held, earlier today, Thursday, its 26th session headed by the second deputy speaker of the House of Representatives Bashir Al-Haddad, while the deadline for reading the civil service law.

[DinarThug]

https://cbi.iq/news/view/1372

The Bulgarian National Bank informs the Central Bank of Iraq to renew its (50) Lev currency note

 

 

26th December, 2019

 

The Central Bank of Iraq announces that the Bulgarian National Bank has renewed
its (50) Lev banknote, in addition to updating some of the security specifications
found in the 1999 and 2006 versions of the same category above. A legal offer until
replacement of damaged banknotes in this category.

 

The Central Bank of Iraq

information Office

December 26, 2019

 

               

 

 

############

 

LINK

The Central Bank Of Iraq, “The Bulgarian National Bank Notified Us Of The Renewal Of Its 50-Leaf Bank Note”

 

 

26th December, 2019

The Central Bank of Iraq informed all the banks, today, Thursday, that Bulgaria has renewed its 50 lev note.

The bank said in a statement that the independent received a copy of it, “The Bulgarian National Bank notified us that it has renewed its 50-leaf cash note, in addition to updating some of the security specifications found in the 1999 and 2006 issues.

The bank indicated that "the old banknote of the same category remains for circulation and has strength, innocence and legal offer until the damaged banknotes of this category are replaced."

The bank asked all private banks to "inform their employees who work in the field of foreign exchange about the new issuance of the Bulgarian National Bank."

[DinarThug]

12-26-2019  Intel/Newshound Guru Delta   ...

This is coming from the CBI...

they said they can not change the value at any time...

there is a legal and international policy they can change the rate only the first of the fiscal year.  

That's January 1st. 

That's why they could not do it July, August or September. 

We were wrong unfortunately...

we thought they could do it at any time. 

That's wrong. 

They can not do it at any time...

we are in a very good position right now...

they ordered [the powers that be] the CBI that this time they are going to do it. 
There is no delay.