[rtl]An "electronic platform" and international oversight of corruption... The secret of the dollar's high exchange rate in Iraq[/rtl]
[rtl]Saturday, December 17, 2022 [/rtl]
[rtl][You must be registered and logged in to see this image.]
(Al-Hurra) Washington: Moath Freihat - Several weeks ago, the Iraqi market recorded a rise in the exchange rates of the dollar against the dinar, to unprecedented levels, which the Central Bank of Iraq attributes to several factors, most notably the start of work on an "electronic platform."
Although the exchange rate of the dollar is officially set at 1460 Iraqi dinars, the current prices have reached about 1545 dinars against the dollar.
In a statement, on Thursday, the Central Bank of Iraq described the rise as "simple," while the office of Prime Minister Muhammad Shia' al-Sudani said, in a separate statement, that the rise in the exchange rate is "temporary, stressing that Iraq's financial situation is at its best.
The Central Bank of Iraq had reduced the price of the dinar in December 2020 from 1182 dinars against the dollar, to 1460 dinars, in a move aimed at compensating for the decline in oil revenues at the time.
In statements to the "Al-Hurra" website, Iraqi economists questioned the justifications of the Iraqi central bank, pointing to fears of a possible continuation of the increase in exchange rates during the coming period, which may mean that Iraq enters a new phase of inflation, especially with its dependence on imports for everything.
Although "Iraq's financial situation is at good levels," experts point out that what was known as the "theft of the century" had consequences that affected the movement of liquidity and remittances, and prompted an "unjustified" increase in exchange rates.
The Iraqi authorities revealed the "theft of the century" after an internal audit conducted by the Ministry of Finance showed fraud operations of about 3.7 trillion Iraqi dinars (2.5 billion dollars).
"Not a few levels"
The Iraqi economist, Mahmoud Dagher, said, “The exchange rates in Iraq have reached levels that are not few, according to official statements, as they have reached levels of 1,545 dinars for remittance dollars instead of 1,460 dinars, according to what is specified by the Central Bank, and 1,504 dinars for cash dollars.”
Dagher, a former official at the Central Bank of Iraq, added, in an interview with Al-Hurra, that "the reasons for the rise in exchange rates are not a result of poor coverage in meeting the needs of the local market, but rather because of technical conditions that caused confusion in the arrival of remittances to their destination.”
He pointed out that "controls imposed by the US Federal Reserve should have been alerted by the Iraqi Central Bank and demanded that they be implemented in a gradual manner, so as not to create problems in the Iraqi market."
Representative Jamal Cougar, a member of the Finance Committee in the Iraqi Parliament, explains that "the US Federal Reserve had taken special decisions after the issue of money smuggling and the corruption of some banks in Iraq, as seven banks were excluded from participating in currency." auctions, and it imposed greater emphasis on transfers." which were not subject to any scrutiny whatsoever.
And he added, in response to Al-Hurra's inquiries, that there is "a loss of confidence and control in the Central Bank of Iraq, which caused the parallel exchange market to flourish to create a black market that benefits individuals who control prices amid non -interference by preventing such practices."
According to the statement of the Central Bank of Iraq, a source said that one of the reasons for the rise in exchange rates is “the building of an electronic platform through which banks raise the requests of their customers, and which the Central Bank began building months ago.” ago in coordination with international bodies for the purpose of provisions and regulation of window operations for buying and selling foreign currency and ensuring effective control over it.”
He added, "A specialized international company has been assigned to build it and link banks with the Central Bank through it, and the platform requires providing information about customers requesting transfers, beneficiaries, and corresponding banks."
And "due to the recent use of this platform, many errors are discovered, which requires the bank to re-download it, and these procedures take additional time to accept the request and pass it through the global financial system."
The academic, Iraqi economist, Abd al-Rahman al-Mashhadani, considered that "the Central Bank's statement is not convincing. There may be confusion in dealing with a new electronic platform, but this matter should not cause confusion that raises exchange rates to record levels."
Al-Mashhadani believes, in a telephone conversation with Al-Hurra, that what is happening now is due to the fact that “the US Federal Reserve imposed amendments to the procedures for transfers that pass through the SWIFT system, which includes an audit of the source of funds until the final future, which came after the consequences of theft of the century, which revealed money smuggling schemes.
Al-Mashhadani explained that "four banks that were acquiring about 40 percent of the sales of the currency auction window were excluded and punished, and this may have caused a shortage of foreign currency for some dealers who depend on these banks, which prompted them to rely on the parallel market.” This does not mean that there is a dilemma of dollar scarcity with the Iraqi Central Bank, whose reserves of this currency exceed more than 90 billion dollars.
And the Central Bank of Iraq confirmed in its statement that the reserves “and the financial solvency of the state in general are in excellent condition and at their best levels in decades, and that the current supply of foreign currency is not related to resources, but to administrative and audit procedures.”
And the advisor explained to the Central Bank of Iraq, Ihsan Shamran Al-Yasiri, had in statements reported by the Iraqi News Agency “INA” on Wednesday, the mechanism of the foreign currency sale platform, and said, “The Central Bank has recently created a platform for the currency sale window to which authorized banks submit requests to purchase in the name of persons, and this is done.” Considering the names over the course of a week, and the bank decides its position a day before the date of the auction for selling the currency submitted for purchase in it, after applying conditions that include people submitting purchase requests for dollars to authorized banks, and the type of commodity and the need to be purchased and details of the beneficiary are established, And the name of the seller and the name of the person who is to be purchased must be mentioned. The purchase is requested and the name is entered in a global system called (OFAC) to indicate if it is required or has problems, as well as communication with the seller of the imported goods to verify its dealings with the person requesting the purchase of the dollar.
And he added, “The US Federal Bank has recently set strict conditions that oblige us to display lists in dollars sold on it that include the names of the people and beneficiaries, and it waits 15 days to state its position on the safety of the purchase.” process for the party submitting the request, and the sale process stops if the Federal Bank objects to a specific name being required.” Or there is a similarity of names, or there is a suspicion of the goal of buying the dollar.
Al-Yasiri that "the US Federal Reserve revealed is in the process of adding 3 oversight bodies to the sale of the dollar to check its destination after the sale, and they say that they are checking to prevent it from reaching terrorist or prohibited parties. Iraq by applying these standards to prevent the issuance of a decision to stop the flow of dollars to Iraq, because it will cause a catastrophe, and the sale of dollars in Iraq is subject to strict supervision by the US Federal Reserve, because it is the issuer of dollars.
Avoiding an exchange rate crisis
The CBI specified a few measures to push for the stability of exchange rates, including “expanding the foreign exchange supply to meet the public's demand for cash dollars, and the management window was directed to meet the requests of banks for the coming days faster by executing double requests, and a preferential price was given for the implementation of documentary credits, and for the purpose of covering domestic demand.”
And the head of the Iraqi Economic Council, Ibrahim Al-Baghdadi, expressed his support for the procedures of the "Iraqi Central Bank", and said that "the application of any new system may cause a defect, and that the imposition of strict decisions from the US Federal Reserve has confused monetary policy in Iraq."
In an interview with Al-Hurra, Al-Baghdadi called for "more coordination between the US Federal Reserve and the Central Bank of Iraq, so that the Iraqi economy is not affected, and in the end who will bear the burden is the citizen who suffers from an erosion in income.”
He pointed out that the Iraqi economy "is directly affected by any increase in exchange rates, especially since the movement of production in the country depends on inputs imported entirely from outside the country."
The economist, Dagher, agrees with this opinion, explaining that "the continued rise in the exchange rate will put the Iraqi citizen in front of additional burdens, especially since the biggest problem is related to the exchange rate of remittance dollars, especially since Iraq imports everything from abroad.”
Representative Cougar identified the repercussions of the increase in exchange rates on the Iraqi economy with “four effects”: first, the increase in costs for the Iraqi citizen and the rise in inflation, and second, confusion in the local Iraqi market, and third, the fear of the investor and employers in the private sector from making their investment plans for the coming period, especially since they depend on importing goods that are paid in foreign currency, and fourthly, the continued rise may lead the Iraqi economy to stagnation due to the state of uncertainty amid the lack of convincing answers from the official authorities.
Cougar called for greater coordination between fiscal and monetary policy in the country, explaining that this does not mean "interference in the powers of the central bank, whether by deputies or politicians who depend in their directives on the interest of the parties they represent," and added that "it is necessary not to take advantage of what is happening." Raising election slogans to satisfy partisan bases.
And the Iraqi Prime Minister, Muhammad Shia' al-Sudani, had confirmed in early November that “changing the exchange rate of the Iraqi dinar against the dollar is one of the prerogatives of the Central Bank, and we are committed to implementing what the Central Bank Bank sees,” which some considered a retreat from previous promises and positions to reduce the exchange rate.
Iraqi Prime Minister Muhammad Shia al-Sudani
The secret of the Sudanese government's retreat from changing the exchange rate of the Iraqi dinar
The Iraqi Prime Minister, Muhammad Shia' al-Sudani, confirmed in statements on Tuesday that the decision to "change the exchange rate of the Iraqi dinar against the dollar is one of the prerogatives of the Central Bank, and we are committed to implementing what the Central Bank sees," which some considered a retreat from previous promises and positions of the president to reduce the exchange rate.
The economist, al-Mashhadani, commands the idea of leaving the matter to the Iraqi Central Bank, noting that "the central bank law specifies the authority to draw monetary policy in the bank only, but this does not prevent coordination with the financial policy makers in the country.”
In a statement on Thursday, the government affirmed "its commitment to maintaining the stability of the local market, by supporting the stability of the exchange rate of the dollar against the Iraqi dinar, and it supports the central bank's steps in this regard."
The Iraqi government called on "all dealers, including investors and merchants, to cooperate with banks and the central bank by working in accordance with the commercial contexts in force globally, and importing under documentary credits, as it provides a guarantee for the importer, preserves his rights, insures the imported goods, and enables him to benefit from banking facilities to cover the value of credit."
The IMF said, in a statement on the seventh of December, calling on Iraq to enhance financial stability and accelerate the process of implementing basic banking systems, and to initiate the restructuring of major government banks as a very important priority.
The Fund announced at the time that it supported the Central Bank's efforts to enhance control over transactions through the foreign currency auction, and its plans aimed at exploring alternative mechanisms for financing trade in order to facilitate it, and recommended developing the tools necessary to manage cash liquidity in order to better support the stability of the exchange rate.
[You must be registered and logged in to see this link.]
[/rtl]
(Al-Hurra) Washington: Moath Freihat - Several weeks ago, the Iraqi market recorded a rise in the exchange rates of the dollar against the dinar, to unprecedented levels, which the Central Bank of Iraq attributes to several factors, most notably the start of work on an "electronic platform."
Although the exchange rate of the dollar is officially set at 1460 Iraqi dinars, the current prices have reached about 1545 dinars against the dollar.
In a statement, on Thursday, the Central Bank of Iraq described the rise as "simple," while the office of Prime Minister Muhammad Shia' al-Sudani said, in a separate statement, that the rise in the exchange rate is "temporary, stressing that Iraq's financial situation is at its best.
The Central Bank of Iraq had reduced the price of the dinar in December 2020 from 1182 dinars against the dollar, to 1460 dinars, in a move aimed at compensating for the decline in oil revenues at the time.
In statements to the "Al-Hurra" website, Iraqi economists questioned the justifications of the Iraqi central bank, pointing to fears of a possible continuation of the increase in exchange rates during the coming period, which may mean that Iraq enters a new phase of inflation, especially with its dependence on imports for everything.
Although "Iraq's financial situation is at good levels," experts point out that what was known as the "theft of the century" had consequences that affected the movement of liquidity and remittances, and prompted an "unjustified" increase in exchange rates.
The Iraqi authorities revealed the "theft of the century" after an internal audit conducted by the Ministry of Finance showed fraud operations of about 3.7 trillion Iraqi dinars (2.5 billion dollars).
"Not a few levels"
The Iraqi economist, Mahmoud Dagher, said, “The exchange rates in Iraq have reached levels that are not few, according to official statements, as they have reached levels of 1,545 dinars for remittance dollars instead of 1,460 dinars, according to what is specified by the Central Bank, and 1,504 dinars for cash dollars.”
Dagher, a former official at the Central Bank of Iraq, added, in an interview with Al-Hurra, that "the reasons for the rise in exchange rates are not a result of poor coverage in meeting the needs of the local market, but rather because of technical conditions that caused confusion in the arrival of remittances to their destination.”
He pointed out that "controls imposed by the US Federal Reserve should have been alerted by the Iraqi Central Bank and demanded that they be implemented in a gradual manner, so as not to create problems in the Iraqi market."
Representative Jamal Cougar, a member of the Finance Committee in the Iraqi Parliament, explains that "the US Federal Reserve had taken special decisions after the issue of money smuggling and the corruption of some banks in Iraq, as seven banks were excluded from participating in currency." auctions, and it imposed greater emphasis on transfers." which were not subject to any scrutiny whatsoever.
And he added, in response to Al-Hurra's inquiries, that there is "a loss of confidence and control in the Central Bank of Iraq, which caused the parallel exchange market to flourish to create a black market that benefits individuals who control prices amid non -interference by preventing such practices."
According to the statement of the Central Bank of Iraq, a source said that one of the reasons for the rise in exchange rates is “the building of an electronic platform through which banks raise the requests of their customers, and which the Central Bank began building months ago.” ago in coordination with international bodies for the purpose of provisions and regulation of window operations for buying and selling foreign currency and ensuring effective control over it.”
He added, "A specialized international company has been assigned to build it and link banks with the Central Bank through it, and the platform requires providing information about customers requesting transfers, beneficiaries, and corresponding banks."
And "due to the recent use of this platform, many errors are discovered, which requires the bank to re-download it, and these procedures take additional time to accept the request and pass it through the global financial system."
The academic, Iraqi economist, Abd al-Rahman al-Mashhadani, considered that "the Central Bank's statement is not convincing. There may be confusion in dealing with a new electronic platform, but this matter should not cause confusion that raises exchange rates to record levels."
Al-Mashhadani believes, in a telephone conversation with Al-Hurra, that what is happening now is due to the fact that “the US Federal Reserve imposed amendments to the procedures for transfers that pass through the SWIFT system, which includes an audit of the source of funds until the final future, which came after the consequences of theft of the century, which revealed money smuggling schemes.
Al-Mashhadani explained that "four banks that were acquiring about 40 percent of the sales of the currency auction window were excluded and punished, and this may have caused a shortage of foreign currency for some dealers who depend on these banks, which prompted them to rely on the parallel market.” This does not mean that there is a dilemma of dollar scarcity with the Iraqi Central Bank, whose reserves of this currency exceed more than 90 billion dollars.
And the Central Bank of Iraq confirmed in its statement that the reserves “and the financial solvency of the state in general are in excellent condition and at their best levels in decades, and that the current supply of foreign currency is not related to resources, but to administrative and audit procedures.”
And the advisor explained to the Central Bank of Iraq, Ihsan Shamran Al-Yasiri, had in statements reported by the Iraqi News Agency “INA” on Wednesday, the mechanism of the foreign currency sale platform, and said, “The Central Bank has recently created a platform for the currency sale window to which authorized banks submit requests to purchase in the name of persons, and this is done.” Considering the names over the course of a week, and the bank decides its position a day before the date of the auction for selling the currency submitted for purchase in it, after applying conditions that include people submitting purchase requests for dollars to authorized banks, and the type of commodity and the need to be purchased and details of the beneficiary are established, And the name of the seller and the name of the person who is to be purchased must be mentioned. The purchase is requested and the name is entered in a global system called (OFAC) to indicate if it is required or has problems, as well as communication with the seller of the imported goods to verify its dealings with the person requesting the purchase of the dollar.
And he added, “The US Federal Bank has recently set strict conditions that oblige us to display lists in dollars sold on it that include the names of the people and beneficiaries, and it waits 15 days to state its position on the safety of the purchase.” process for the party submitting the request, and the sale process stops if the Federal Bank objects to a specific name being required.” Or there is a similarity of names, or there is a suspicion of the goal of buying the dollar.
Al-Yasiri that "the US Federal Reserve revealed is in the process of adding 3 oversight bodies to the sale of the dollar to check its destination after the sale, and they say that they are checking to prevent it from reaching terrorist or prohibited parties. Iraq by applying these standards to prevent the issuance of a decision to stop the flow of dollars to Iraq, because it will cause a catastrophe, and the sale of dollars in Iraq is subject to strict supervision by the US Federal Reserve, because it is the issuer of dollars.
Avoiding an exchange rate crisis
The CBI specified a few measures to push for the stability of exchange rates, including “expanding the foreign exchange supply to meet the public's demand for cash dollars, and the management window was directed to meet the requests of banks for the coming days faster by executing double requests, and a preferential price was given for the implementation of documentary credits, and for the purpose of covering domestic demand.”
And the head of the Iraqi Economic Council, Ibrahim Al-Baghdadi, expressed his support for the procedures of the "Iraqi Central Bank", and said that "the application of any new system may cause a defect, and that the imposition of strict decisions from the US Federal Reserve has confused monetary policy in Iraq."
In an interview with Al-Hurra, Al-Baghdadi called for "more coordination between the US Federal Reserve and the Central Bank of Iraq, so that the Iraqi economy is not affected, and in the end who will bear the burden is the citizen who suffers from an erosion in income.”
He pointed out that the Iraqi economy "is directly affected by any increase in exchange rates, especially since the movement of production in the country depends on inputs imported entirely from outside the country."
The economist, Dagher, agrees with this opinion, explaining that "the continued rise in the exchange rate will put the Iraqi citizen in front of additional burdens, especially since the biggest problem is related to the exchange rate of remittance dollars, especially since Iraq imports everything from abroad.”
Representative Cougar identified the repercussions of the increase in exchange rates on the Iraqi economy with “four effects”: first, the increase in costs for the Iraqi citizen and the rise in inflation, and second, confusion in the local Iraqi market, and third, the fear of the investor and employers in the private sector from making their investment plans for the coming period, especially since they depend on importing goods that are paid in foreign currency, and fourthly, the continued rise may lead the Iraqi economy to stagnation due to the state of uncertainty amid the lack of convincing answers from the official authorities.
Cougar called for greater coordination between fiscal and monetary policy in the country, explaining that this does not mean "interference in the powers of the central bank, whether by deputies or politicians who depend in their directives on the interest of the parties they represent," and added that "it is necessary not to take advantage of what is happening." Raising election slogans to satisfy partisan bases.
And the Iraqi Prime Minister, Muhammad Shia' al-Sudani, had confirmed in early November that “changing the exchange rate of the Iraqi dinar against the dollar is one of the prerogatives of the Central Bank, and we are committed to implementing what the Central Bank Bank sees,” which some considered a retreat from previous promises and positions to reduce the exchange rate.
Iraqi Prime Minister Muhammad Shia al-Sudani
The secret of the Sudanese government's retreat from changing the exchange rate of the Iraqi dinar
The Iraqi Prime Minister, Muhammad Shia' al-Sudani, confirmed in statements on Tuesday that the decision to "change the exchange rate of the Iraqi dinar against the dollar is one of the prerogatives of the Central Bank, and we are committed to implementing what the Central Bank sees," which some considered a retreat from previous promises and positions of the president to reduce the exchange rate.
The economist, al-Mashhadani, commands the idea of leaving the matter to the Iraqi Central Bank, noting that "the central bank law specifies the authority to draw monetary policy in the bank only, but this does not prevent coordination with the financial policy makers in the country.”
In a statement on Thursday, the government affirmed "its commitment to maintaining the stability of the local market, by supporting the stability of the exchange rate of the dollar against the Iraqi dinar, and it supports the central bank's steps in this regard."
The Iraqi government called on "all dealers, including investors and merchants, to cooperate with banks and the central bank by working in accordance with the commercial contexts in force globally, and importing under documentary credits, as it provides a guarantee for the importer, preserves his rights, insures the imported goods, and enables him to benefit from banking facilities to cover the value of credit."
The IMF said, in a statement on the seventh of December, calling on Iraq to enhance financial stability and accelerate the process of implementing basic banking systems, and to initiate the restructuring of major government banks as a very important priority.
The Fund announced at the time that it supported the Central Bank's efforts to enhance control over transactions through the foreign currency auction, and its plans aimed at exploring alternative mechanisms for financing trade in order to facilitate it, and recommended developing the tools necessary to manage cash liquidity in order to better support the stability of the exchange rate.
[You must be registered and logged in to see this link.]
[/rtl]
Today at 9:01 am by Proven
» utube MM&C 4/26/24 Iraqi Dinar - US Treasury Exchange Rates- Focus - Banking Partnerships - Rate C
Today at 7:46 am by Rocky
» utube MM&C 4/28/24 Iraq Dinar - IQD - Banks - Merge Regionally - Water - Labor -Jobs - Dinar Value
Today at 7:45 am by Rocky
» Al-Sudani: The water situation in Iraq is not in the best condition.. Aboul Gheit extends an invitat
Today at 7:34 am by Rocky
» The Sudanese advisor explains... Has the 2024 budget entered into force?
Today at 7:23 am by Rocky
» The Iraqi Central Bank announces the strengthening of banks’ external accounts by $260 million
Today at 7:21 am by Rocky
» Economist: The path of development is the first gateway to sustainable economic advancement in Iraq
Today at 7:20 am by Rocky
» The green economy and diversity... major projects and challenges that will reap their fruits later -
Today at 7:16 am by Rocky
» Behind the scenes of the state administration meeting: The regional government supports Sudanese wit
Today at 7:14 am by Rocky
» The Real Estate Registry begins activating the electronic restrictions management system program
Today at 7:11 am by Rocky
» Al-Sudani confirms from Riyadh the possibility of cooperation with the German technology company (SA
Today at 7:08 am by Rocky
» On top of which is the path of development.. Al-Awadi announces the most prominent files that the Pr
Today at 6:54 am by Rocky
» The President of the Republic receives the President of the International Labor Organization
Today at 6:49 am by Rocky
» Parliamentary Finance: This week will witness funding the salaries of employees in the Kurdistan Reg
Today at 6:48 am by Rocky
» On an experimental basis... Justice announces the start of activating the electronic barriers manage
Today at 6:46 am by Rocky
» Obelisk Hour: The economic provisions in the strategic framework agreement need to be activated
Today at 6:44 am by Rocky
» Before self-sufficiency... 80 percent of citizens' need for gasoline will be met soon
Today at 6:41 am by Rocky
» A deputy reveals the features of the "five-year plan" to revive Iraqi agriculture
Today at 6:39 am by Rocky
» Deputy: We opened the Council of Ministers to decide the salary scale
Today at 6:38 am by Rocky
» Iraq doubles its investments in modern irrigation engineering by no less than 20%
Today at 6:36 am by Rocky
» Confirming to Shafaq News... The Sudanese arrives in Saudi Arabia to participate in the World Econom
Today at 6:31 am by Rocky
» Al-Sudani announces that clues have been found leading to those involved in the Kormor bombing
Today at 6:29 am by Rocky
» Special: Deconstructing the mystery of the repeated targeting of the Kormor field
Today at 6:28 am by Rocky
» Increase in foreign remittance sales at the Central Bank of Iraq
Today at 6:27 am by Rocky
» Al-Maliki: The salaries of the region’s employees are continuing, and there will be solutions to del
Today at 6:26 am by Rocky
» Minister of Resources: Iraq is one of the countries most affected by climate change
Today at 5:29 am by Rocky
» Al-Sudani arrives in Riyadh to participate in the World Economic Forum
Today at 5:27 am by Rocky
» An Arab call to the countries neighboring Iraq regarding the share of water
Today at 5:26 am by Rocky
» IMF: Poor productivity is responsible for 50% of the decline in economic growth
Today at 5:20 am by Rocky
» The President of the Republic stresses to Barzani the importance of focusing on construction, recons
Today at 5:19 am by Rocky
» Will Iran lose the Iraqi market? 20 million dollars is threatened with loss
Today at 5:18 am by Rocky
» Parliamentary Economy: Parliament will extend the legislative term to approve the budget
Today at 5:13 am by Rocky
» The price of the dollar is close to 145 thousand dinars؛ how much is $100 worth of transactions؟
Today at 5:13 am by wciappetta
» A factory for producing electric cars
Today at 5:12 am by Rocky
» Prime Minister: We have launched strategies to improve the conditions of workers
Today at 5:10 am by Rocky
» Economic prospects from America to Türkiye
Today at 5:09 am by Rocky
» Al-Rayes: The path of development is the first gateway to sustainable economic advancement
Today at 5:08 am by Rocky
» Days after announcing the connection with Jordan, an almost complete absence of electricity in Ramad
Today at 5:06 am by Rocky
» A Kurdistan delegation meets with the Ministry of Finance in Baghdad to discuss “revenues and implem
Today at 5:05 am by Rocky
» Parliamentary Economy reviews files and the importance of Sudanese’s upcoming visit to Saudi Arabia
Today at 4:59 am by Rocky
» Al-Maliki talks about postponing the Kurdistan Parliament elections and says that salary transfers w
Today at 4:54 am by Rocky
» The President of the Republic and Barzani discuss the results of Sudanese’s visit to the United Stat
Today at 4:53 am by Rocky
» The Ministry of Finance is "dizzy"... An expert points out a "lapse" in the budget schedules: Februa
Today at 4:49 am by Rocky
» Sudanese Advisor: The 2024 budget has entered into force... and there is no need to send its schedul
Today at 4:43 am by Rocky
» The Iraqi dinar is recovering against the US dollar in local markets
Today at 4:42 am by Rocky
» Iraq.. The claim that OPEC’s decisions affect oil derivatives only and not crude is “inaccurate”
Today at 4:39 am by Rocky
» Al-Bawi: Erdogan failed in his promises to his people and seeks to plunge Iraq into its conflict wit
Today at 4:37 am by Rocky
» The Sudanese and his battle against corruption.. Where is the fault with the government or with the
Today at 4:36 am by Rocky
» Amnesty International criticizes Iraq's implementation of 13 death sentences
Today at 4:34 am by Rocky
» The ambassador is very angry with Parliament: The homosexuality law obstructs the government and har
Today at 4:33 am by Rocky
» Al-Mandalawi: There is no place for homosexuality in the Iraq of the prophets and saints, and that i
Today at 4:32 am by Rocky
» Al-Sudani receives the President of the University: Towards the strength and status of the Arab syst
Today at 4:31 am by Rocky
» Ayed Al-Hilali: All leaders are discussing “the finer details of Sudanese” tonight, and Barzani join
Today at 4:30 am by Rocky
» He announced the reception of offers from three alliances from international companies for the Baghd
Today at 4:28 am by Rocky
» During his meeting with the head of the Iraqi Journalists Syndicate... Al-Amiri stresses the importa
Today at 4:26 am by Rocky
» During the launch of the Arab Labor Conference in its 50th session in Baghdad... Al-Sudani: We launc
Today at 4:24 am by Rocky
» Saudi Arabia announces an increase in direct flights with Iraq
Today at 4:23 am by Rocky
» Resources: Government measures have contributed to improving the water situation in Iraq
Today at 4:22 am by Rocky
» Al-Sadr: The voice of American universities calling for an end to Zionist terrorism is our voice
Today at 4:21 am by Rocky
» International organization: 50% of displaced Iraqis lack official documents
Today at 4:20 am by Rocky
» Al-Sudani: The path of development will provide many job opportunities
Today at 4:19 am by Rocky
» Parliament Finance: The necessity of converting tax and customs revenues to digital processing
Today at 4:18 am by Rocky
» Al-Sudani announces that clues have been found to uncover those involved in the Kormor bombing
Today at 4:16 am by Rocky
» The start of the work of the Fourth Baghdad International Water Conference
Today at 4:09 am by Rocky
» The Council of Ministers will suspend official working hours next Wednesday
Today at 4:07 am by Rocky
» An almost complete outage of water and electricity in western Anbar
Today at 4:06 am by Rocky
» Parliamentary expectations of extending the legislative term to approve the budget
Today at 4:00 am by Rocky
» Education: The cost of participating in the electronic school will amount to 200 thousand dinars
Today at 3:59 am by Rocky
» Al-Sudani arrives in Riyadh to participate in the World Economic Forum
Today at 3:58 am by Rocky
» A newspaper reveals a dark world that brings together bloggers and politicians
Today at 3:57 am by Rocky
» Al-Marsoumi: The bombing of the Kormor field undermined efforts to achieve self-sufficiency in gas
Today at 3:55 am by Rocky
» utube MM&C 4/24/24 Support - USA- Turkey - Timing- Currency Value - Tabled
Yesterday at 2:18 pm by Rocky
» Parliamentary efforts to transform Iraq into a global market for transferring Internet capacities
Yesterday at 2:07 pm by Rocky
» A parliamentary committee that enriches the political forces: Stop plundering Iraq’s wealth and work
Yesterday at 1:56 pm by Rocky
» Politician: Salem Al-Issawi is the most likely to assume the presidency of Parliament
Yesterday at 1:55 pm by Rocky
» Al-Sudani: The world today is witnessing crises whose impact has been reflected in the global econo
Yesterday at 9:50 am by Rocky
» The Federal Court responds to an inquiry by Al-Sudani regarding the powers of the provincial council
Yesterday at 9:40 am by Rocky
» Among them are the Iraqis... a list of the most sought-after immigrants to America
Yesterday at 9:38 am by Rocky
» An expert talks about the "biggest barrier" and the positives of merging Iraqi and Arab banks
Yesterday at 9:29 am by Rocky
» The House of Representatives adjourns its session
Yesterday at 9:24 am by Rocky
» Parliamentary demands to expedite the legislation of the Eid al-Ghadir holiday law (documents)
Yesterday at 9:23 am by Rocky
» Parliament adds the paragraph “Electing the Speaker of the House of Representatives” to its agenda
Yesterday at 9:21 am by Rocky
» Alsumaria publishes the text of the law against prostitution and homosexuality
Yesterday at 9:20 am by Rocky
» A parliamentarian reveals the reason for the failure of the Speaker of Parliament to pass during tod
Yesterday at 9:19 am by Rocky
» Al-Sudani: The government has launched many strategies and initiatives that will improve the reality
Yesterday at 8:42 am by Rocky
» International Business: Iraq has made progress in supporting businesses through investment and priva
Yesterday at 8:33 am by Rocky
» Association of Banks: Iraq is witnessing great development in the transition to electronic governmen
Yesterday at 8:25 am by Rocky
» The House of Representatives votes to add an item to its agenda (election of the Speaker of the Hous
Yesterday at 8:22 am by Rocky
» Parliamentary integrity: Combating corruption requires parliamentary legislation
Yesterday at 8:15 am by Rocky
» Al-Karaawi: America is trying to restrict Iraq
Yesterday at 8:13 am by Rocky
» The State of Law coalition moves to form the local government in Diyala
Yesterday at 8:12 am by Rocky
» The Sudanese and his battle against corruption.. Where is the fault with the government or with the
Yesterday at 8:11 am by Rocky
» Prime Minister's Advisor: We will see the dollar fall on the black market soon
Yesterday at 8:09 am by Rocky
» The Sunni blocs are resolute. The presidency of the Council is ours, away from Al-Halbousi
Yesterday at 8:08 am by Rocky
» Al-Sudani discusses with a workers’ organization his government’s steps in this field
Yesterday at 7:58 am by Rocky
» Parliament holds its session in the presence of 170 deputies
Yesterday at 7:57 am by Rocky
» In the presence of Nechirvan Barzani and Al-Sudani... the State Administration Coalition holds an “i
Yesterday at 7:55 am by Rocky
» The UAE company ADNOC resorts to Iraqi oil. Find out the reasons
Yesterday at 7:53 am by Rocky
» The Iraqi Parliament votes to add an item to elect a president to its agenda
Yesterday at 7:52 am by Rocky