Home
It was preceded by American negotiation.. An Iraqi tendency to adopt the price of the dollar at 1,640 dinars in the 2023 budget
[You must be registered and logged in to see this image.]
2023-01-30 05:36
Share
Font
Shafaq News/ Representative Firas Al-Maslamawi revealed, on Monday, that the Iraqi government and Parliament have a tendency to adopt the exchange rate of the dollar at 1,640 dinars in the current year's budget, while indicating that there is an intention to negotiate with the US administration to control the price of the dollar.
Al-Maslamawi told Shafaq News agency, "The Iraqi Parliament hosted the dismissed governor of the Central Bank, and his answers about decreasing the dollar were unclear, and he did not fulfill his promise when he pledged to return the dollar to its previous price within days."
He added, "Therefore, the parliament's recommendation was to relieve him of the position, and this matter was actually done, and it is a correct government procedure, and a practical step towards controlling the exchange rate of the dollar and reducing it for the benefit of the Iraqi people."
The deputy revealed, "There is a second step by the government to reduce the dollar, which is negotiating and establishing a balance with the United States of America, especially with the US Federal Bank, and that the application of the electronic platform well gave positive indications to the Federal Bank that the government's measures are in the right direction."
Al-Maslamawi continued, "Therefore, there will be control over reducing the exchange rate of the dollar, and there is another measure by the government and the House of Representatives, which is approving the exchange rate of the dollar at 164 thousand dinars in the 2023 budget, and this step will contribute to reducing the exchange rate of the dollar."
On January 26, well-informed Iraqi political sources revealed an undeclared goal for Prime Minister Muhammad Shia' al-Sudani's visit to France.
The sources told Shafaq News agency, "The visit to France also aims to request mediation by Paris between Iraq and the United States of America, on the issue of the dollar crisis, which has begun to greatly worry Al-Sudani and his government, and raises the fears of the coordination framework that this crisis may quickly topple the government." .
The government measures taken by Prime Minister Muhammad Shia al-Sudani did not succeed in stopping the huge rise in the exchange rate of the dollar, as Iraqi stock exchanges still recorded more than 161 thousand dinars compared to $100.
Before that, the spokesman for the Islamic Supreme Council, Ali al-Daffi, revealed to Shafaq News agency, "a leading delegation from the Iraqi Ministry of Finance and the Central Bank of Iraq will visit the United States of America in the coming days in order to discuss the policy of the US Federal Reserve and give an appropriate opportunity of time so that Iraqi banks can To adapt and deal with the new banking system.
The US ambassador to Iraq, Alina Romanowski, says that the United States does not set the exchange rate for the dollar and has not imposed sanctions on new Iraqi banks.
And the Iraqi currency lost about 10% of its value, as the Wall Street Journal says in a report it published a few days ago, after procedures related to imposing compliance rules on the Central Bank of Iraq’s dealings with currency dealers in relation to the US dollar.
[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this image.]
2023-01-30 05:36
Share
Font
Shafaq News/ Representative Firas Al-Maslamawi revealed, on Monday, that the Iraqi government and Parliament have a tendency to adopt the exchange rate of the dollar at 1,640 dinars in the current year's budget, while indicating that there is an intention to negotiate with the US administration to control the price of the dollar.
Al-Maslamawi told Shafaq News agency, "The Iraqi Parliament hosted the dismissed governor of the Central Bank, and his answers about decreasing the dollar were unclear, and he did not fulfill his promise when he pledged to return the dollar to its previous price within days."
He added, "Therefore, the parliament's recommendation was to relieve him of the position, and this matter was actually done, and it is a correct government procedure, and a practical step towards controlling the exchange rate of the dollar and reducing it for the benefit of the Iraqi people."
The deputy revealed, "There is a second step by the government to reduce the dollar, which is negotiating and establishing a balance with the United States of America, especially with the US Federal Bank, and that the application of the electronic platform well gave positive indications to the Federal Bank that the government's measures are in the right direction."
Al-Maslamawi continued, "Therefore, there will be control over reducing the exchange rate of the dollar, and there is another measure by the government and the House of Representatives, which is approving the exchange rate of the dollar at 164 thousand dinars in the 2023 budget, and this step will contribute to reducing the exchange rate of the dollar."
On January 26, well-informed Iraqi political sources revealed an undeclared goal for Prime Minister Muhammad Shia' al-Sudani's visit to France.
The sources told Shafaq News agency, "The visit to France also aims to request mediation by Paris between Iraq and the United States of America, on the issue of the dollar crisis, which has begun to greatly worry Al-Sudani and his government, and raises the fears of the coordination framework that this crisis may quickly topple the government." .
The government measures taken by Prime Minister Muhammad Shia al-Sudani did not succeed in stopping the huge rise in the exchange rate of the dollar, as Iraqi stock exchanges still recorded more than 161 thousand dinars compared to $100.
Before that, the spokesman for the Islamic Supreme Council, Ali al-Daffi, revealed to Shafaq News agency, "a leading delegation from the Iraqi Ministry of Finance and the Central Bank of Iraq will visit the United States of America in the coming days in order to discuss the policy of the US Federal Reserve and give an appropriate opportunity of time so that Iraqi banks can To adapt and deal with the new banking system.
The US ambassador to Iraq, Alina Romanowski, says that the United States does not set the exchange rate for the dollar and has not imposed sanctions on new Iraqi banks.
And the Iraqi currency lost about 10% of its value, as the Wall Street Journal says in a report it published a few days ago, after procedures related to imposing compliance rules on the Central Bank of Iraq’s dealings with currency dealers in relation to the US dollar.
[You must be registered and logged in to see this link.]
» Parliamentary Finance: Amending the Federal Budget Opens the Way to Change Ineffective Paragraphs
» utube 11/23/24 MM&C Reporting-Expectations are High-IMF-Flexible Exchange Rate Regime-Pr
» utube 11/26/24 MM&C MM&C Iraq News-Central Bank Iraq-Monetary Stability Excellent-Budget Law 2023,
» utube 11/27/24 MM&C The National Union explains the reasons for not legislating the oil and gas
» Mr. Al-Hakim: Oil dependence is an economic problem for Iraq, and decentralization is a guarantee of
» Al-Ziyadi: Amending the Investment Law and the Central Bank’s Interaction Guarantee the Success of t
» Iraq signs Mecca agreement to enhance cooperation in combating corruption and recovering its proceed
» Rights Center: 2024 Census Will Not Change Number of House of Representatives Seats.. Explains Why
» Parliamentary Oil: Amending a paragraph in the budget enhances oil exports and understanding with Ku
» Will Iraq take the adventure of joining BRICS despite American risks?
» MP: Former Oil Minister Blackmailed Main Suspect in Stealing the Century
» Negative impact on the legislation of laws.. Popular movement criticizes the weak performance of the
» Al-Maliki Coalition: Most blocs support amending the electoral law
» The National Union explains the reasons for not legislating the oil and gas law
» Iraq signs two memoranda of understanding with the Arab Tourism Organization
» Parliamentary Committee: Granting investment licenses reduces housing unit prices
» Parliamentary Finance: Amending the budget law will allow for changing useless paragraphs and items
» MP reveals latest developments in Personal Status Law
» Salary scale pushes towards hosting Al-Sudani inside the parliament dome
» Intensive meetings with British BP to develop Kirkuk fields
» "Al-Eqtisad News" publishes the full decisions of the Cabinet session
» Parliamentary Energy: Iraq continues its efforts to diversify gas supply sources
» What is Iraq's connection? Goldman Sachs: OPEC+ cuts may support oil in the short term
» New understandings between Baghdad and Erbil to export oil via Turkish Ceyhan
» Minister of Communications: We will deal with the global parent company Vodafone, not its branch in
» "Pessimism" about Trump's arrival to the US presidency.. Will it affect the Iraqi economy?
» Iraq is the fourth largest Arab country and the 51st largest in the world in the list of the world's
» Parliamentary criticism follows granting Vodafone the national mobile phone license
» Oil Markets: OPEC+ Plans to Increase Production, Trump's Promises Spark Controversy
» Natural barriers to stop desertification in the country
» Parliament Legality to Al-Sabah: Extending the Legislative Session Aims to Pass Important Laws
» The Council of Ministers takes 19 important decisions
» Al-Sudani: We succeeded in sparing Iraq the consequences of conflicts
» 20 schools with international standards in Babylon
» Transport to {Sabah}: One million passengers on board the Green Bird in 4 months
» Agriculture to {Sabah}: Strategic work programs to stop desertification in the country
» Food Basket: Improved Quality, Delayed Distribution
» Parliament extends its term and ends reading of three laws
» Great government achievements.. Model school buildings project
» Parliamentary meeting to discuss four important oil files
» Parliamentary Committee: We support amending the budget law and we submitted a request to add a new
» Al-Sudani stresses the importance of relations between Iraq and Kuwait and the government's efforts
» Al-Sudani leaves Baghdad for Spain on an official visit
» Economist: Non-oil revenues to achieve significant growth in 2024
» Transport signs a consulting contract with an Italian company regarding the first phase of the devel
» Iraqi Exhibitions Announce New Exhibitions Next Month
» Integrity: Iraq signs Mecca Agreement to enhance cooperation in combating corruption
» Despite setting the first session... the talks to form the regional government are at a standstill a
» Speaker of the House of Representatives discusses a number of important national issues with the Pre
» Iraqi oil falls again on third day of trading
» Economist: Iraq has a reliable database and the census does not create development but rather facili
» Decisive moves to propose salary scale amendment under the parliament dome
» To solve the overcrowding crisis, Iraq needs to build 10,000 schools
» 64% of Anbar power plant in Hit completed: A qualitative step to enhance energy
» Minister of Interior: We discussed with the United Kingdom ways of security and intelligence coopera
» The possibility of an Israeli strike on Iraq is increasing.. Will the factions stop the attacks if a
» Halt of Iranian gas supplies threatens operation of power plants in Iraq
» The Presidency of the Region announces: The new parliament will hold its first session on the second
» America: Factions in Iraq expose the country to the risk of instability
» Planning reveals the next step of the census: We will visit these families
» Health: Opening of three new factories to produce various medicines
» Health: Ongoing work to develop and create new specialized centers throughout Iraq
» The House of Representatives completes the first reading of the draft law amending the first three-y
» President of the Republic: The necessity of unifying efforts to establish peace and stability in the
» Al-Mandlawi to Kuwaiti Ambassador: The security of the region is indivisible
» Indian Oil Corporation maintains deal to import Iraqi oil
» Iraq's oil exports exceed 103 million barrels last month
» MP angry over obstruction of defense minister’s interrogation: Files threaten Iraq’s security collap
» Cabinet decisions include those related to “voluntary deduction” and Iraqi airports
» For the first time since 2003, non-oil revenues achieve significant growth during 2024 (tables)
» Find out the dollar prices in the Iraqi markets
» A new suspicion in the railways, its heroes are the “22 billion contract team”.. Signing a contract
» Prime Minister sponsors signing of two memoranda of understanding in the field of tourism
» Parliamentary Finance Committee discusses amending the three-year budget
» "Rich Iraq" seeks "money" to combat methane emissions: internal and external obstacles
» Increase in foreign remittance sales at the Central Bank of Iraq auction
» Its area is 2.5 million acres, and these are its details.. Work begins on a "large" residential city
» Kurdistan Finance delivers employees' salary schedule to the federal government
» Beggars are sweeping the streets of Iraq.. Their numbers are "large" and 90% of them receive welfare
» Settling tax trust claims
» Launching the National School Health Strategy
» Approval to implement service projects in Babylon
» New container handling berths at ports
» Work: Demand for registration in social security
» Reconstruction: Land Bank to be completed next year
» Aiming to enhance services in schools and prevent diseases, the National School Health Strategy for
» Karmian Festival witnesses the conclusion of commercial and industrial contracts
» Focus on the banking sector
» Minister of Trade: Studies Center is a turning point that serves the Iraqi economy
» Economists: Census is a roadmap for development
» Today's newspapers are interested in Al-Sudani's announcement that the population of Iraq exceeds 45
» International Development Bank: Today's incident was an extortion attempt that did not affect our wo
» thirty-sixth session, chaired by the Minister of Planning
» Closed meeting of the Parliamentary Finance Committee to discuss seven files
» The demographic boom in Iraq: an economic opportunity or a social burden?
» Al-Sudani confirms to Russian delegation Iraq's desire to establish a mechanism that brings mutual b
» Parliament holds its session headed by Al-Mashhadani and attended by 168 MPs
» The Iraqi government deducts 1% of the salaries of employees and retirees to donate to Gaza and Leba