Home
[size=36]Ministerial Council for Economy: Taking the necessary measures and decisions that contribute to market stability[/size]
economy | 05:38 - 04/11/2024
[You must be registered and logged in to see this image.]
[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this link.]
Mawazine News - Baghdad
The Ministerial Council for the Economy announced today, Monday, taking the necessary measures to stabilize the Iraqi market.
A statement by the Foreign Ministry received by "Mawazine News" stated that "Deputy Prime Minister, Minister of Foreign Affairs and Chairman of the Ministerial Council for the Economy, Fuad Hussein, chaired today, Monday, the thirty-third session of the Ministerial Council for the Economy, which was held in the Council building in the presence of the Ministers of Planning, Finance, Agriculture and Industry, the Secretary-General of the Council of Ministers, the Governor of the Central Bank of Iraq, the Chairman of the Securities Commission, and the Prime Minister's Advisors for Economic and Legal Affairs. The Council also hosted the Undersecretary of the Ministry of Planning for Technical Affairs."
He continued, "The session was devoted to discussing the financial and economic reality in Iraq in light of internal and external challenges, especially regional conflicts and their effects on the Iraqi economy. The Council reviewed a presentation given by the Undersecretary of the Ministry of Planning on the reality of investment projects in Iraq, whether completed or under construction, and the financial obligations associated with them."
The Council listened to "working papers presented by the ministers that included the main challenges facing the Iraqi economy in its financial and economic aspects."
The meeting discussed "the state's general revenue rates from oil and non-oil sources, spending rates and financial obligations of the government."
According to the statement, "the council members presented a presentation on the reality of the work of their ministries and agencies, and put forward proposals to maximize revenues to support the general budget, which would contribute significantly to driving the economy and development towards growth."
The council chairman pointed out, according to the statement, that "the political and security situations facing the region directly affect the Iraqi economy, and that any security tension will have major repercussions in the fluctuation of oil prices and the instability of local and global markets."
The council agreed to "take the necessary measures and important economic decisions that contribute to the stability of the Iraqi market after completing the discussions and exchanging views and working papers submitted by the council members."
A statement by the Foreign Ministry received by "Mawazine News" stated that "Deputy Prime Minister, Minister of Foreign Affairs and Chairman of the Ministerial Council for the Economy, Fuad Hussein, chaired today, Monday, the thirty-third session of the Ministerial Council for the Economy, which was held in the Council building in the presence of the Ministers of Planning, Finance, Agriculture and Industry, the Secretary-General of the Council of Ministers, the Governor of the Central Bank of Iraq, the Chairman of the Securities Commission, and the Prime Minister's Advisors for Economic and Legal Affairs. The Council also hosted the Undersecretary of the Ministry of Planning for Technical Affairs."
He continued, "The session was devoted to discussing the financial and economic reality in Iraq in light of internal and external challenges, especially regional conflicts and their effects on the Iraqi economy. The Council reviewed a presentation given by the Undersecretary of the Ministry of Planning on the reality of investment projects in Iraq, whether completed or under construction, and the financial obligations associated with them."
The Council listened to "working papers presented by the ministers that included the main challenges facing the Iraqi economy in its financial and economic aspects."
The meeting discussed "the state's general revenue rates from oil and non-oil sources, spending rates and financial obligations of the government."
According to the statement, "the council members presented a presentation on the reality of the work of their ministries and agencies, and put forward proposals to maximize revenues to support the general budget, which would contribute significantly to driving the economy and development towards growth."
The council chairman pointed out, according to the statement, that "the political and security situations facing the region directly affect the Iraqi economy, and that any security tension will have major repercussions in the fluctuation of oil prices and the instability of local and global markets."
The council agreed to "take the necessary measures and important economic decisions that contribute to the stability of the Iraqi market after completing the discussions and exchanging views and working papers submitted by the council members."
[You must be registered and logged in to see this link.]
» Head of Parliamentary Finance: We are keen to approve a realistic amendment to the budget that ends
» Mr. Al-Hakim calls for making Iraq a regional headquarters for international organizations
» Mr. Al-Hakim: Kirkuk is our miniature Iraq and success in it is success for Iraq
» Ports: Al-Faw-Umm Qasr Road will be completed ahead of schedule
» Parliamentary Finance: Budget amendment includes only one paragraph related to the region’s oil
» 94% increase in foreign remittance sales in Iraqi currency auction
» $10 Billion Cash Flows into Bitcoin Funds Since Trump Win
» Financial Supervision Bureau: The percentage of localizing salaries of regional employees exceeded 8
» Formation of a government committee to close down violating industrial activities
» Iraq rises to third place in the Arab world in gold reserves after Lebanon leaves the list
» Laboratories for the unemployed
» Closing of {private} institutes in Babylon
» Labor is studying the establishment of factories and production lines to employ the unemployed
» Iraq is moving towards developing the private sector
» Moves to improve the investment environment and implement import policy
» Ministry of Planning to {Al Sabah}: The government has processed 1,104 projects
» The Central Organization for Standardization and Quality Control grants the Iraqi Quality Mark to th
» Financial Supervision Bureau: The percentage of localizing salaries of Kurdistan Region employees ex
» Washington reassures Baghdad: Syrian factions will not attack you
» Trump appoints his lawyer Alina Habba of "Iraqi origin" as an advisor to the president
» Integrity Commission discloses its activities in the field of disclosure of assets and money inflati
» Advantages of the modern electronic ration card
» Prime Minister attends meeting of presidencies and state administration coalition to discuss develop
» Al-Sudani launches Baghdad Forests Project
» Ministry of Planning: The government has processed 1,104 projects
» Presidencies and State Administration Meeting: The Importance of Respecting the Choices of the Syria
» Al-Sadr after the fall of Assad: We look forward to balanced relations between Iraq and Syria
» US National Security Advisor: We are working to strengthen Iraq so that the conflict does not spread
» Integrity Commission discloses its activities in the field of disclosure of assets and money inflati
» British newspaper: Iraq's development path will compete with the Suez Canal
» Al-Sudani's wise policies save Iraq from a regional storm
» Amending Article 12 whets the appetite for amendments.. The tripartite budget has become “binary”
» Find out the exchange rates of the dollar against the dinar in Iraq
» Kurdistan Integrity Commission reveals statistics on corruption cases in the region during 2024
» Parliamentary Committee Criticizes Dollar Selling Platform: It Has Many Problems and Suspicions of C
» Trump appoints new adviser of Iraqi origin
» utube 12/5/24 MM&C Iraq Dinar News-Executive & Legislative Authority Integration-Full Support-
» Where did the amendment of the budget items related to oil exports in the Kurdistan Region stand?
» Article 12 of the budget ignites controversy under the dome of Parliament
» The number of representatives does not exceed 70 representatives
» Central Bank Sells Over $300 Million in Auction Today
» Financial Supervision calls for building strong and effective partnerships between the private secto
» Iranian gas and bitter cold exacerbate Iraq's electricity crisis
» Al-Nusairi calls on the media to be patriotic, transparent and supportive of the national economy
» The extent of Iraq's influence on unstable political events and disturbances with our neighbors, Ara
» Despite the rise in domestic borrowing, a government advisor says the financial situation is stable
» Al-Sudani confirms his support for the joint operation project for hospitals and addressing its obst
» The President of the Republic stresses the importance of addressing the phenomenon of gas emissions
» Today.. Parliament votes on 5 laws
» (Riyada) breaks the shackles of unemployment and opens the doors of the future for young people
» Al-Sudani launches Baghdad Forests Project
» Activating 16 oil wells in Kirkuk
» Abstention of students and teachers from the outskirts
» Agriculture: Signing a contract with FAO to use advanced technologies
» Baghdad Municipality: 33 companies compete to expand the capital’s sewers
» Next year.. Implementation of BRT and public transport projects
» Iraq's turn has come.. Iraqi leader from Tehran: Americans must be expelled from Baghdad and the war
» Who is responsible for the delay? Source: Kurdistan’s non-oil revenues cover the salary deficit
» Gas supply halt deprives Iraq of production from largest power plant in Diyala
» Al-Asadi: The Workers’ Social Security Law has stimulated the labor market and pushed young people t
» Despite regional tensions, car companies establish a foothold in Iraq via Erbil
» Syrian Crisis: Iraq’s “Cautious” Position and Participation Dependent on Developments
» Security Media: Implementation of a controlled destruction operation of war remnants west of Baghdad
» Trade excludes the impact of the Syrian crisis on the Iraqi economy and food security
» Electricity: Smart transformation does not impose an increase in tariff prices
» Migration: We are ready for any displacement from Syria to Iraq
» House of Representatives holds session to vote on important draft laws
» "Controversial" laws return again.. House of Representatives holds "important" session today
» With the participation of Iraq.. The 26th Ministerial Meeting of the Gas Exporting Countries Forum b
» Donating employees’ salaries... “mandatory” volunteering and a “suspicious” formula
» Dollar exchange rates in Iraqi governorates today
» Where did the amendment of the budget items related to oil exports in the Kurdistan Region stand?
» Transferring its employees to Lebanon.. Iraq evacuates its embassy in Syria
» Launching a new batch of housing loans at the beginning of 2025
» After the completion of the five berths, Al-Faw Port prepares to receive the first commercial ship
» Mazhar Mohammed Saleh: Iraq's economy, financial flows and trade relations will not be affected by e
» A new crisis is on the line.. Al-Sudani throws the ball of the ministerial reshuffle into the court
» Politician: Halbousi's visit to Washington is suspicious and mysterious
» US official: Washington informed Iraq not to get involved in the conflict in Syria
» After the Tripartite .. Iraq plans to host an international meeting to discuss the repercussions of
» Central Bank sells more than $1 billion in 5 days
» Iraq participates in a ministerial meeting of the Gas Exporting Countries Forum (GECF)
» “Delayed accountability” makes efforts to combat corruption falter
» Economist: The parallel market sells the dollar at a price not controlled by the government
» 12 railway lines returned to service in Iraq
» MP: Political consensus hindered ministerial reshuffle, field reform is the most appropriate solutio
» Parliamentary Security: Türkiye's camps inside Iraq reveal its occupation intentions
» Al-Khanjar leads internal political movement to prevent Iraq from supporting the Assad regime
» According to Mercer, the Iraqi capital is the second worst Arab city for expatriates
» Samarra Pharmaceutical Company's contracts with the Ministry of Health to increase in 2024
» Bitcoin retreats as traders hedge against possible correction
» Is Iraq affected economically by the current events in Syria? Al-Sudani’s advisor explains
» Baghdad.. Exchange rates record 152 thousand dinars per hundred dollars
» Rafidain Bank Restructuring Program.. Justifications and Requirements
» MP accuses region of "evading" paying salaries to employees
» Parliamentary confirmation: There are no intentions to send official forces to Syria
» The beginning of resolving many issues.. MP: The general amnesty will proceed "consensually"
» Al-Sudani's advisor: Iraq's economy will not be affected by current events in Syria