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A British investigative report reveals the "secrets" of dollar smuggling from Iraq
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2023-02-05 | 07:00
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6,885 views
Alsumaria News - Economy
The British website said in a report that, "By imposing new restrictions on the auction of the Iraqi dollar, which Baghdad uses to transfer the US dollars it received for oil sales, the Federal Reserve put[You must be registered and logged in to see this link.]In one of the biggest financial crises he has faced since 2003.
"Unable to convert its petrodollars into dinars as easily as it used to be, the Iraqi government is struggling to pay its obligations, including the salaries of millions of public employees, pensions and social support," he continued.
said the Prime Minister's Adviser[url=https://www.alsumaria.tv/Entity/1199849658/%D9%85%D8%AD%D9%85%D8%AF %D8%B4%D9%8A%D8%A7%D8%B9 %D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A/ar/]Mohamed Shiaa Al-Sudani[/url]to site[url=https://www.alsumaria.tv/Entity/47078/Middle East/ar/]Middle East[/url]Eye, The Governor of the Central Bank[url=https://www.alsumaria.tv/Entity/81573558/%D9%85%D8%B5%D8%B7%D9%81%D9%89 %D8%BA%D8%A7%D9%84%D8%A8/ar/]Mostafa Ghaleb[/url]He resigned on Monday, "because of his inability to face the crisis."
The Iraqi government took several urgent steps to address the crisis. It opened more official currency exchange offices, launched a plan to encourage small traders and investors to use the dollar auction, suspended taxes on some commodities, and introduced subsidies, among other measures. However, dollar auction sales still lag behind the average, according to the report.
Public foreign exchange auction data showed that January sales did not exceed $131 million per day on average, compared to $227 million in October.
As a result, dollar exchange rates on the black market are rising.
The exchange rate of the dollar in the Baghdad black market, on Thursday, was 1740 dinars to the dollar, compared to 1480 dinars in October.
This volatility had indirect effects on the wholesale markets and was strongly reflected in the prices of consumer goods. The price of some foodstuffs, such as sugar and cooking oil, has doubled, according to the report.
SENDING DOLLARS ON
THE FLOOR The Federal Reserve's new review measures, which placed more scrutiny on the source of foreign money used to buy dollars at a dollar auction, were imposed in November.
Iraqi officials, bankers and owners of exchange and brokerage companies told the website[url=https://www.alsumaria.tv/Entity/47078/Middle East/ar/]Middle East[/url]Eye The measures have led to the reluctance of traders and capital owners to participate in the auction to avoid revealing their identities, the purpose of the money transfers, the identity of the final beneficiary and other sensitive information
. A significant increase in the smuggling of dollars from[You must be registered and logged in to see this link.]By land, and maintain high exchange rates, according to the report.
A member of the Iraqi Private Banks Association told the website[url=https://www.alsumaria.tv/Entity/47078/Middle East/ar/]Middle East[/url]Eye that "private banks previously dealt with all the details for the main clients who wanted to exchange dinars in the dollar auction."
The banker stated, "The major clients do not want to disclose any information related to the sources of their money or their identities for security or financial reasons, and some do not want to waste time in routine paper procedures."
Two of my advisors told Al-Sudani[url=https://www.alsumaria.tv/Entity/47078/Middle East/ar/]Middle East[/url]Eye "Intelligence information indicates that dollar smuggling operations have recently grown by land through the semi-autonomous Kurdistan region in northern[You must be registered and logged in to see this link.], and from there to[You must be registered and logged in to see this link.]Or Dubai.”
In response, the Iraqi government set up several new sonar-equipped checkpoints along the road from Baghdad to Kurdistan.
Meanwhile, security forces launched a campaign to track down currency dealers and middlemen who buy and sell dollars on the black market.
Security sources said, Many of them have already been arrested over the past few
days.To the dismay of exchange bureaus, which get a fixed daily share of the dollar auction.Almost most of them have stopped selling dollars except to known clients for fear of
arrest.Similarly, WhatsApp and Viber groups that were used to solicit orders have been deleted. Dollars from banks and private brokers out of concern that they could be hacked or breached, security and financial sources told MEE[url=https://www.alsumaria.tv/Entity/47078/Middle East/ar/]Middle East[/url]Eye.
Despite this, at least $70 million is smuggled out every day[You must be registered and logged in to see this link.]Across the Kurdish region, Iraqi bankers and officials told MEE[url=https://www.alsumaria.tv/Entity/47078/Middle East/ar/]Middle East[/url]Eye.
One of the owners of an exchange company involved in dollar smuggling said that his business only grew: "Frankly, all this harassment by the security services exacerbated the crisis and revived our work."
And they added, "The profits that we are making now in return for providing the required dollars for merchants and owners of capital, whether in Dubai or abroad[You must be registered and logged in to see this link.]Multiplied dozens of times over the past few weeks.
” “We don’t ask any questions and the merchant or customer doesn’t want to answer any questions about him or his money, which is why they turn to us. All they have to do is make a phone call and send their Iraqi money. Sooner or later, that's it.”
* Auction replacement
depends on economy[You must be registered and logged in to see this link.]heavily on oil sales, which have been deposited with the US Federal Reserve since 2004. To extract his money and convert it into dinars, he asks[url=https://www.alsumaria.tv/Entity/314357766/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A/ar/]Central Bank of Iraq[/url]Dollars from the Federal Reserve, which then sells them to private banks and a few other financial institutions, such as currency exchanges, through a daily dollar auction.
However, Washington is tired of using the dollar auction to launder money and feed dollars in places like Syria and Iran, which are under heavy US sanctions, according to the report.
The recent scandal known as the “theft of the century,” when $2.5 billion was illegally extracted from an Iraqi government bank account and laundered through private banks, seemed like the last straw, and prompted the Fed to insert new checks on the money transfers used in the auction. In response, all but a few of the 72 private banks stopped using the auction.
To replace this source of dollars, people are starting to rely on brokers and bankers who can obtain them through more illegal means, according to the report.
according to data[url=https://www.alsumaria.tv/Entity/314357766/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A/ar/]Central Bank of Iraq[/url]Reviewed by the MEE website, there are 1,094 companies licensed for banking and financial services. Of these, 249 have a bank rating of A and 81 have a rating of B.
These companies are entitled to participate in the auction in dollars, with funds they secure and ostensibly earmarked for imported goods and domestic orders. Their weekly dollar stake is determined by each company's bank rating.
An "A" rated company could make $1,800,000 a week, while a "B" rated company could get $750,000, bankers told the website.[url=https://www.alsumaria.tv/Entity/47078/Middle East/ar/]Middle East[/url]Eye.
Brokers are now buying dollars from these exchange companies and transporting them overland to Kurdistan.
Three owners of exchange and financial brokerage companies and Iraqi officials told the website,[url=https://www.alsumaria.tv/Entity/47078/Middle East/ar/]Middle East[/url]Eye A group of influential local officials and politicians take these dollars through a crossing[url=https://www.alsumaria.tv/Entity/3577702125/%D8%A5%D8%A8%D8%B1%D8%A7%D9%87%D9%8A%D9%85 %D8%A7%D9%84%D8%AE%D9%84%D9%8A%D9%84/ar/]Ibrahim Al-Khalil[/url]frontier to[You must be registered and logged in to see this link.].
The owners of exchange companies said that the Turkish authorities charge $5 for every $10,000 collected as customs fees. The smuggled money is deposited in private accounts in Turkish banks, and some find their way to private bank accounts in Dubai.
The owner of the exchange company involved in the process told the sites, "The customer agrees to the required amount in Baghdad and sends us the equivalent amount in Iraqi currency, so that he can get his money in dollars in[You must be registered and logged in to see this link.]Or Dubai.
” “All I need is to make a phone call to someone in Dubai or[You must be registered and logged in to see this link.], so that he can deliver the money in cash to a person named by the customer or transfer it to the next country according to the customer's request.
* Smuggling dollars or laundering dinars?
Tell the owners of the exchange and financial brokerage site[url=https://www.alsumaria.tv/Entity/47078/Middle East/ar/]Middle East[/url]Eye says the cost of transferring money abroad has increased one and a half times over the past week, as the process has become "more difficult and more expensive".
Sources told the site that the fees charged by brokers when they get cash out of the[You must be registered and logged in to see this link.]Not more than $15,000 per million dollars.
But according to three owners of money exchange and stockbrokerage firms and two bankers, it costs $184,000 to exchange $1 million in a transaction to get that money out of the box.[You must be registered and logged in to see this link.]Much more than the local price.
In fact, before the Federal Reserve initiated auditing procedures, some exchange companies charged only $80 for every $10,000 transferred abroad, sometimes offering the service for free to valued customers.
With these types of new overheads, it suggests that people who are trying to get dollars out of their pockets[You must be registered and logged in to see this link.]They are either neighboring countries with liquidity problems or people who need to launder their money.
A senior Iraqi financial official told the site[url=https://www.alsumaria.tv/Entity/47078/Middle East/ar/]Middle East[/url]Eye, "You don't see the real players here. Most of those who run dollar exchange companies are tools. They are nothing more than cards ready to burn whenever needed."
"The operation, in fact, is a combination of dinar laundering and dollar smuggling. The two operations serve each other and many local, regional and international players participate in it," he added.
Corruption and criminal activities, such as oil and drug smuggling, leave money lying around[You must be registered and logged in to see this link.].
The official said, "The owners of this money are either shareholders in private banks or established private banks or sponsor and protect private banks to launder this money.
A better way to launder this money has not been found through the foreign currency auction."
The annual reports of the Money Laundering and Financing Bureau showed Central Bank of Terrorism Reports for the years 2019, 2020 and 2021 stated that international and domestic remittances were among the “most frequently used tools” for money laundering.Reports
showed that in 2021, overseas transfers accounted for 81% of suspicious transactions recorded by the AML/CFT
office.Officials and bankers said to site[url=https://www.alsumaria.tv/Entity/47078/Middle East/ar/]Middle East[/url]Eye The real profits made from these dollar smuggling operations are not those of the brokers. They said a 20 percent fee was agreed upon for withdrawing dollars from[You must be registered and logged in to see this link.]The beneficiaries are these numbers linked to private banks.
The financial official said that before the Fed's new revision measures were taken, most of the funds were smuggled through the foreign currency auction.
The official said that private banks, exchange companies and financial brokerage firms have been participating in the dollar auction for years in the name of mysterious clients, providing forged invoices and import documents.
"The funny thing is that the operations of dinar laundering and dollar smuggling are intertwined," he said[You must be registered and logged in to see this link.], and whoever works in this process works in the other until they complete each other,” adding that efforts to clamp down on them will require years.
He warned that “everyone must share the pain for some time to contain this nightmare.
” It now means the collapse of the Iraqi economy soon, and the government's inability to secure monthly salaries and finance operational projects, so we have to find our way through this crisis."
Read the report at[url=https://www.alsumaria.tv/Entity/47078/Middle East/ar/]Middle East[/url]Eye" British[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this link.]
A British investigative report reveals the "secrets" of dollar smuggling from Iraq
[You must be registered and logged in to see this link.]
2023-02-05 | 07:00
[You must be registered and logged in to see this image.]
6,885 views
Alsumaria News - Economy
The British "Middle East Eye" website said that the pressures imposed by the US Federal Reserve on the Central Bank of Iraq to curb corruption and illegal flows of dollars paralyzed Iraqi markets and encouraged large-scale dollar smuggling across the border.
The British website said in a report that, "By imposing new restrictions on the auction of the Iraqi dollar, which Baghdad uses to transfer the US dollars it received for oil sales, the Federal Reserve put[You must be registered and logged in to see this link.]In one of the biggest financial crises he has faced since 2003.
"Unable to convert its petrodollars into dinars as easily as it used to be, the Iraqi government is struggling to pay its obligations, including the salaries of millions of public employees, pensions and social support," he continued.
said the Prime Minister's Adviser[url=https://www.alsumaria.tv/Entity/1199849658/%D9%85%D8%AD%D9%85%D8%AF %D8%B4%D9%8A%D8%A7%D8%B9 %D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A/ar/]Mohamed Shiaa Al-Sudani[/url]to site[url=https://www.alsumaria.tv/Entity/47078/Middle East/ar/]Middle East[/url]Eye, The Governor of the Central Bank[url=https://www.alsumaria.tv/Entity/81573558/%D9%85%D8%B5%D8%B7%D9%81%D9%89 %D8%BA%D8%A7%D9%84%D8%A8/ar/]Mostafa Ghaleb[/url]He resigned on Monday, "because of his inability to face the crisis."
The Iraqi government took several urgent steps to address the crisis. It opened more official currency exchange offices, launched a plan to encourage small traders and investors to use the dollar auction, suspended taxes on some commodities, and introduced subsidies, among other measures. However, dollar auction sales still lag behind the average, according to the report.
Public foreign exchange auction data showed that January sales did not exceed $131 million per day on average, compared to $227 million in October.
As a result, dollar exchange rates on the black market are rising.
The exchange rate of the dollar in the Baghdad black market, on Thursday, was 1740 dinars to the dollar, compared to 1480 dinars in October.
This volatility had indirect effects on the wholesale markets and was strongly reflected in the prices of consumer goods. The price of some foodstuffs, such as sugar and cooking oil, has doubled, according to the report.
SENDING DOLLARS ON
THE FLOOR The Federal Reserve's new review measures, which placed more scrutiny on the source of foreign money used to buy dollars at a dollar auction, were imposed in November.
Iraqi officials, bankers and owners of exchange and brokerage companies told the website[url=https://www.alsumaria.tv/Entity/47078/Middle East/ar/]Middle East[/url]Eye The measures have led to the reluctance of traders and capital owners to participate in the auction to avoid revealing their identities, the purpose of the money transfers, the identity of the final beneficiary and other sensitive information
. A significant increase in the smuggling of dollars from[You must be registered and logged in to see this link.]By land, and maintain high exchange rates, according to the report.
A member of the Iraqi Private Banks Association told the website[url=https://www.alsumaria.tv/Entity/47078/Middle East/ar/]Middle East[/url]Eye that "private banks previously dealt with all the details for the main clients who wanted to exchange dinars in the dollar auction."
The banker stated, "The major clients do not want to disclose any information related to the sources of their money or their identities for security or financial reasons, and some do not want to waste time in routine paper procedures."
Two of my advisors told Al-Sudani[url=https://www.alsumaria.tv/Entity/47078/Middle East/ar/]Middle East[/url]Eye "Intelligence information indicates that dollar smuggling operations have recently grown by land through the semi-autonomous Kurdistan region in northern[You must be registered and logged in to see this link.], and from there to[You must be registered and logged in to see this link.]Or Dubai.”
In response, the Iraqi government set up several new sonar-equipped checkpoints along the road from Baghdad to Kurdistan.
Meanwhile, security forces launched a campaign to track down currency dealers and middlemen who buy and sell dollars on the black market.
Security sources said, Many of them have already been arrested over the past few
days.To the dismay of exchange bureaus, which get a fixed daily share of the dollar auction.Almost most of them have stopped selling dollars except to known clients for fear of
arrest.Similarly, WhatsApp and Viber groups that were used to solicit orders have been deleted. Dollars from banks and private brokers out of concern that they could be hacked or breached, security and financial sources told MEE[url=https://www.alsumaria.tv/Entity/47078/Middle East/ar/]Middle East[/url]Eye.
Despite this, at least $70 million is smuggled out every day[You must be registered and logged in to see this link.]Across the Kurdish region, Iraqi bankers and officials told MEE[url=https://www.alsumaria.tv/Entity/47078/Middle East/ar/]Middle East[/url]Eye.
One of the owners of an exchange company involved in dollar smuggling said that his business only grew: "Frankly, all this harassment by the security services exacerbated the crisis and revived our work."
And they added, "The profits that we are making now in return for providing the required dollars for merchants and owners of capital, whether in Dubai or abroad[You must be registered and logged in to see this link.]Multiplied dozens of times over the past few weeks.
” “We don’t ask any questions and the merchant or customer doesn’t want to answer any questions about him or his money, which is why they turn to us. All they have to do is make a phone call and send their Iraqi money. Sooner or later, that's it.”
* Auction replacement
depends on economy[You must be registered and logged in to see this link.]heavily on oil sales, which have been deposited with the US Federal Reserve since 2004. To extract his money and convert it into dinars, he asks[url=https://www.alsumaria.tv/Entity/314357766/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A/ar/]Central Bank of Iraq[/url]Dollars from the Federal Reserve, which then sells them to private banks and a few other financial institutions, such as currency exchanges, through a daily dollar auction.
However, Washington is tired of using the dollar auction to launder money and feed dollars in places like Syria and Iran, which are under heavy US sanctions, according to the report.
The recent scandal known as the “theft of the century,” when $2.5 billion was illegally extracted from an Iraqi government bank account and laundered through private banks, seemed like the last straw, and prompted the Fed to insert new checks on the money transfers used in the auction. In response, all but a few of the 72 private banks stopped using the auction.
To replace this source of dollars, people are starting to rely on brokers and bankers who can obtain them through more illegal means, according to the report.
according to data[url=https://www.alsumaria.tv/Entity/314357766/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A/ar/]Central Bank of Iraq[/url]Reviewed by the MEE website, there are 1,094 companies licensed for banking and financial services. Of these, 249 have a bank rating of A and 81 have a rating of B.
These companies are entitled to participate in the auction in dollars, with funds they secure and ostensibly earmarked for imported goods and domestic orders. Their weekly dollar stake is determined by each company's bank rating.
An "A" rated company could make $1,800,000 a week, while a "B" rated company could get $750,000, bankers told the website.[url=https://www.alsumaria.tv/Entity/47078/Middle East/ar/]Middle East[/url]Eye.
Brokers are now buying dollars from these exchange companies and transporting them overland to Kurdistan.
Three owners of exchange and financial brokerage companies and Iraqi officials told the website,[url=https://www.alsumaria.tv/Entity/47078/Middle East/ar/]Middle East[/url]Eye A group of influential local officials and politicians take these dollars through a crossing[url=https://www.alsumaria.tv/Entity/3577702125/%D8%A5%D8%A8%D8%B1%D8%A7%D9%87%D9%8A%D9%85 %D8%A7%D9%84%D8%AE%D9%84%D9%8A%D9%84/ar/]Ibrahim Al-Khalil[/url]frontier to[You must be registered and logged in to see this link.].
The owners of exchange companies said that the Turkish authorities charge $5 for every $10,000 collected as customs fees. The smuggled money is deposited in private accounts in Turkish banks, and some find their way to private bank accounts in Dubai.
The owner of the exchange company involved in the process told the sites, "The customer agrees to the required amount in Baghdad and sends us the equivalent amount in Iraqi currency, so that he can get his money in dollars in[You must be registered and logged in to see this link.]Or Dubai.
” “All I need is to make a phone call to someone in Dubai or[You must be registered and logged in to see this link.], so that he can deliver the money in cash to a person named by the customer or transfer it to the next country according to the customer's request.
* Smuggling dollars or laundering dinars?
Tell the owners of the exchange and financial brokerage site[url=https://www.alsumaria.tv/Entity/47078/Middle East/ar/]Middle East[/url]Eye says the cost of transferring money abroad has increased one and a half times over the past week, as the process has become "more difficult and more expensive".
Sources told the site that the fees charged by brokers when they get cash out of the[You must be registered and logged in to see this link.]Not more than $15,000 per million dollars.
But according to three owners of money exchange and stockbrokerage firms and two bankers, it costs $184,000 to exchange $1 million in a transaction to get that money out of the box.[You must be registered and logged in to see this link.]Much more than the local price.
In fact, before the Federal Reserve initiated auditing procedures, some exchange companies charged only $80 for every $10,000 transferred abroad, sometimes offering the service for free to valued customers.
With these types of new overheads, it suggests that people who are trying to get dollars out of their pockets[You must be registered and logged in to see this link.]They are either neighboring countries with liquidity problems or people who need to launder their money.
A senior Iraqi financial official told the site[url=https://www.alsumaria.tv/Entity/47078/Middle East/ar/]Middle East[/url]Eye, "You don't see the real players here. Most of those who run dollar exchange companies are tools. They are nothing more than cards ready to burn whenever needed."
"The operation, in fact, is a combination of dinar laundering and dollar smuggling. The two operations serve each other and many local, regional and international players participate in it," he added.
Corruption and criminal activities, such as oil and drug smuggling, leave money lying around[You must be registered and logged in to see this link.].
The official said, "The owners of this money are either shareholders in private banks or established private banks or sponsor and protect private banks to launder this money.
A better way to launder this money has not been found through the foreign currency auction."
The annual reports of the Money Laundering and Financing Bureau showed Central Bank of Terrorism Reports for the years 2019, 2020 and 2021 stated that international and domestic remittances were among the “most frequently used tools” for money laundering.Reports
showed that in 2021, overseas transfers accounted for 81% of suspicious transactions recorded by the AML/CFT
office.Officials and bankers said to site[url=https://www.alsumaria.tv/Entity/47078/Middle East/ar/]Middle East[/url]Eye The real profits made from these dollar smuggling operations are not those of the brokers. They said a 20 percent fee was agreed upon for withdrawing dollars from[You must be registered and logged in to see this link.]The beneficiaries are these numbers linked to private banks.
The financial official said that before the Fed's new revision measures were taken, most of the funds were smuggled through the foreign currency auction.
The official said that private banks, exchange companies and financial brokerage firms have been participating in the dollar auction for years in the name of mysterious clients, providing forged invoices and import documents.
"The funny thing is that the operations of dinar laundering and dollar smuggling are intertwined," he said[You must be registered and logged in to see this link.], and whoever works in this process works in the other until they complete each other,” adding that efforts to clamp down on them will require years.
He warned that “everyone must share the pain for some time to contain this nightmare.
” It now means the collapse of the Iraqi economy soon, and the government's inability to secure monthly salaries and finance operational projects, so we have to find our way through this crisis."
Read the report at[url=https://www.alsumaria.tv/Entity/47078/Middle East/ar/]Middle East[/url]Eye" British[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this link.]
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» Launching funding for state employees’ salaries for the month of March
Today at 4:38 am by Rocky
» Iraq and Syria top the "least safe" Arab countries
Yesterday at 7:23 am by Rocky
» Governor of Baghdad: 20 projects will be included during the current year in the city of Nahrawan
Yesterday at 7:20 am by Rocky
» More than $242 million in central bank sales today
Yesterday at 7:17 am by Rocky
» Advisor: Sudanese is determined to close the displacement file
Yesterday at 7:14 am by Rocky
» Al-Sudani: The implementation of the 2023 budget witnessed a success that must be invested in
Yesterday at 7:13 am by Rocky
» The Baghdad Council will decide on the nomination of the committees in the coming days
Yesterday at 7:10 am by Rocky
» Al-Samarrai: The Sunni community is not in favor of removing American forces
Yesterday at 7:08 am by Rocky
» A warning from Al-Rasheed to those wishing to apply for advances and loans
Yesterday at 7:06 am by Rocky
» Azerbaijan expresses its desire to participate in the implementation of joint projects in the oil an
Yesterday at 7:05 am by Rocky
» Fuel cards arouse citizens' discontent
Yesterday at 7:03 am by Rocky
» utube 3/18/24 MM&C Iraqi Dinar-- IQD-- Dinar Update -100% Electronic - Real Effective Exchange Rat
Yesterday at 5:21 am by Rocky
» utube MM&C 3/16/24 0:05 / 18:16 Iraq Federal Court Brings - Strength to Financial - Politic
Yesterday at 5:18 am by Rocky
» MM&C 3/18/24 Sudanese Advisor: Iraq will leave government monetary dealing in mid-2024
Yesterday at 5:17 am by Rocky
» A delegation from the Kurdistan government visits Baghdad to discuss the issue of localization of sa
Yesterday at 5:11 am by Rocky
» Director of the Central Oil Company: We are keen to provide the appropriate investment environment
Yesterday at 5:10 am by Rocky
» The Energy Parliament calls for reporting generators violating government pricing
Yesterday at 5:08 am by Rocky
» A representative reveals the fate of the laws of “previous sessions”
Yesterday at 5:07 am by Rocky
» Politician: Coordination holds the keys to resolving the “Parliament Presidency” conflict
Yesterday at 5:05 am by Rocky
» Al-Sudani: Iraq wants to carry out its peaceful activity in the field of atomic energy
Yesterday at 5:04 am by Rocky
» Including a minister and a parliamentarian... 38 arrest and recruitment orders were issued against t
Yesterday at 5:02 am by Rocky
» Integrity: Citizens’ cooperation resulted in detecting inflation and returning state funds
Yesterday at 5:01 am by Rocky
» Agriculture presents 97 projects to the Ministerial Council for the Economy
Yesterday at 4:59 am by Rocky
» Al-Sudani: We succeeded in implementing the 2023 budget, and we must continue to complete economic p
Yesterday at 4:58 am by Rocky
» Labor adopts new mechanisms to reduce the phenomenon of begging
Yesterday at 4:57 am by Rocky
» Electronically.. directing the collection of fees tomorrow in an Iraqi governorate
Yesterday at 4:56 am by Rocky
» Held in Brussels.. Iraq receives an official invitation to attend the Nuclear Energy Summit
Yesterday at 4:55 am by Rocky
» Kurdistan has been paralyzed. There has been no liquidity in hand for 50 days, and the truth has bee
Yesterday at 4:53 am by Rocky
» The dollar continues to decline against the Iraqi dinar on the stock exchange and exchange offices
Yesterday at 4:52 am by Rocky
» The Minister of Oil reveals the reasons for Shell’s withdrawal from Nebras: It will be divided into
Yesterday at 4:51 am by Rocky
» The Housing Fund advises loan applicants and launches a link for inquiries
Yesterday at 4:50 am by Rocky
» He stressed that the government’s vision is to make one class not exceed 25 students...Government me
Yesterday at 4:48 am by Rocky
» Al-Hakim and Al-Halbousi stress the importance of choosing a speaker for Parliament in accordance wi
Yesterday at 4:47 am by Rocky
» Iron and Steel Company: Iraq is on the verge of a major industrial revolution
Yesterday at 4:46 am by Rocky
» Economists: Citizens still prefer cash transactions over electronic transactions
Yesterday at 4:45 am by Rocky
» The compass of Iraq's foreign policy in a world of turbulent polarization
Yesterday at 4:43 am by Rocky
» Parliamentary Finance: The federal budget is in the corridors of the Council of Ministers, and there
Yesterday at 4:42 am by Rocky
» Integrity calls on citizens to report the inflation of funds in the sector of the Ministry of Labor
Yesterday at 4:40 am by Rocky
» Al-Sudani directs the launch of initiatives for young businessmen and investors
Yesterday at 4:38 am by Rocky
» Representative agriculture emphasizes taking supportive measures for the local product
Yesterday at 4:37 am by Rocky
» An economist calls on the government to support and stimulate the private sector
Yesterday at 4:36 am by Rocky
» Al-Ittihad: Employees and retirees in Kurdistan paid the price of political differences with Baghdad
Yesterday at 4:34 am by Rocky
» Al-Samarrai and Al-Hakim discuss the importance of achieving political and constitutional entitlemen
Yesterday at 4:32 am by Rocky
» Only 23 million dunums. Iraq exploits approximately 50% of its arable land
Yesterday at 4:30 am by Rocky
» Türkiye considers it a political issue.. Where have the negotiations reached regarding Iraq’s water
Yesterday at 4:29 am by Rocky
» Sudanese receives an invitation to attend the Nuclear Energy Summit in Brussels - Urgent
Yesterday at 4:27 am by Rocky
» Central Bank sales exceed $240 million today
Sun 17 Mar 2024, 6:52 am by Rocky
» Parliamentary Finance calls on the government to expedite sending the 2024 budget to Parliament
Sun 17 Mar 2024, 6:47 am by Rocky
» ‘We’re So Sick of It’: Northern Border Crisis Gets Worse
Sun 17 Mar 2024, 6:35 am by Bama Diva
» A representative holds Kurdistan responsible for the faltering legislation of the oil and gas law
Sun 17 Mar 2024, 5:27 am by Rocky
» Warnings of the danger of the increase in foreign labor in Iraq
Sun 17 Mar 2024, 5:26 am by Rocky
» Iraq's oil exports to America decreased within a week
Sun 17 Mar 2024, 5:25 am by Rocky
» Al-Sudani chairs an “important” meeting to form the Kirkuk government
Sun 17 Mar 2024, 5:23 am by Rocky
» Investment confirms the adoption of a new method in new residential cities and explains its details
Sun 17 Mar 2024, 5:21 am by Rocky
» For the first time in 2024.. exchange rates fall to the threshold of 149 thousand in Baghdad
Sun 17 Mar 2024, 5:19 am by Rocky