Governor of the Central Bank: Iraq’s financial situation continues to improve


Central Bank Governor Ali Al-Alak expressed his optimism on Monday about the country’s financial situation, which is improving continuously.
“The financial situation in the country has begun to improve markedly because of high oil prices and fiscal discipline of the country, which is better than it was in the past,” he said.
“The state has great opportunities to improve control over government expenditures and increase non-oil revenues. There is still a step the government must take, but the financial commitment and discipline over the past period has been an important reason for the financial situation to be reversed,” he said.
He pointed out that “the position of the Central Bank during that period, which was working side by side with the government in order to overcome the embarrassing period that passed through Iraq.”
He pointed out that “the central bank’s reserves are good and in a state of mobility.” He pointed out that “the focus is on the level of adequacy of the reserve, according to the international standard for the local currency.

The House of Representatives ends reading three laws and raise its meeting for the next Wednesday (expanded)

Release date: 2018/1/15 14:46 • 5 times read
(Baghdad: Al Furat News) The House of Representatives after the resumption of its fourth regular session of the second legislative term for the fourth legislative year, headed by Salim Jubouri, Speaker of the House of Representatives and the presence of 195 deputies on Monday, the first reading of three draft laws.
A statement by the Information Department of the House of Representatives received the agency {Euphrates News} copy of it today, “At the outset of the session condemned the President of the Council criminal work cowardly targeted innocent citizens in Baghdad, calling on the security services to take measures to protect citizens, stressing the importance of preserving the national cohesion And the gains of victory over terrorism. ”
Al-Fatiha also read the fatwa praising the lives of the martyrs of Iraq and the victims of the terrorist operation in Baghdad.

On the other hand, Jubouri pointed out that “the Presidency formed a committee to review the priorities that were obtained on the vote on the amnesty law and the results that led to the publication of the law, With a vote during the voting process of the amnesty law and the registration of interventions and the submission and delay in voting on the article. ”
The Speaker of the House of Representatives pointed out that when the review of the committee concerned was not added to the article submitted by MP Ammar Tohma achieved, but now has been attached to the book corrects the process of publishing the law, stressing the lack of objection to the existence of an investigative committee to follow up the imbalance and treatment in the presence of statements from some refer to The deliberate presence of error.
The Council ended the first reading of the draft law amending the Social Welfare Law No. 126 of 1980, submitted by the Labor and Social Affairs Committee for the purpose of establishing a special care department for people with special needs in governorates not organized in a region and covering cases not covered by Social Welfare Law No. 126 Of the year 1980 with the role of the State.
The Council completed the first reading of the draft law amnesty from the tax sanctions submitted by the financial committees and the economy and investment in order to give the taxpayers a chance to resolve their position and settle their crimes and to resolve the tax crimes of financial authority and the payment of tax amounts in the hands of the taxpayers.
The Council completed the first reading of the draft refugee law submitted by the Committee of Expatriates, Displaced Persons and Expatriates, which aims to regulate the rules of asylum and its provisions in the Republic of Iraq to include all cases of humanitarian and political asylum and the other because of race, religion, nationality or social affiliation and the refugee threat and persecution in accordance with the provisions of the Constitution of the Republic of Iraq International conventions and laws in force and the establishment of administrative structure.

On the other hand, the President of the Council on the presentation of the first reading of the draft budget for the current fiscal year in the session on Wednesday next and to be a vote on the draft election law and set a date in the meeting on Thursday.
President al-Jubouri noted that the Minister of Electricity, Mr. Qassim al-Fahdawi, had sent a letter stating that he was visiting Iraq. He said that the questioning of the minister would be on the agenda at next Wednesday’s session.

It was then decided to adjourn the meeting until next Wednesday

Sources: the martyrdom and injury of more than 125 people in the bombing of aviation [expanded]


Release date: 2018/1/15 12:41 • 303 times read
According to medical and security sources, 35 people were martyred in the twin terrorist bombing that targeted innocent civilians in the airfield in downtown Baghdad on Monday morning.
The sources said that “more than 90 people were injured in the attack,” likely “the increase in the number of victims with the exhumation of more bodies at the aviation site.”
Most of the bodies of the victims and the wounded were distributed to the hospitals of Al-Kindi, Sheikh Zayed and Al-Nefaleh.
This is the heaviest attack witnessed by Baghdad since the declaration of Iraq late last year to defeat the gangs of terror advocates and declare a complete victory.
No one has claimed responsibility for the attack, but has fingerprints.
The aviation arena is an important commercial center in Baghdad, and there are gatherings of daily wage workers known as [the ruler] and the region has been subject to terrorist attacks in the past years.
The Prime Minister, Commander-in-Chief of the Armed Forces Haider Abadi, an emergency meeting against the background of the bombing of the operations and intelligence agencies in the Baghdad operations and issued a set of directives and decisions and orders related to the pursuit of sleeper terrorist cells and punishment and maintain the security of citizens,


Parliament sets Wednesday for the budget and Thursday for the election law

Parliament sets Wednesday for the budget and Thursday for the election law
 Twilight News    
 one hour ago

“Shafak News” Speaker of the Parliament Salim al-Jubouri decided to include the law of the budget and elections in the coming sessions.
“Next Wednesday, the budget law will be included on the agenda, while next Thursday’s session will include the election law and its date,” Jubouri said ahead of a meeting on Monday.

Gold prices jump to the highest level of four months

Gold prices jump to a four-month high
 Twilight News    
 23 minutes ago

The price of gold hit its highest level in more than four months on Monday, driven by a weaker dollar, which fell to a 3-year low against a basket of currencies.
The spot price of gold rose 0.3 percent to $ 1342.50 an ounce by 7:18 GMT, having touched the strongest level since September 8 at $ 1344.44.

Spot gold rose for the fifth week in a row last week and rose 1.3 percent.

US gold futures rose 0.5 percent to $ 1341.90 an ounce, and the dollar index fell 0.2 percent to 90.810.

Earlier in the session, a low of $ 90,622 was the lowest since January 2015.

Palladium jumped 1 percent on spot transactions to $ 1,135 on Monday, after hitting a record high of $ 1138 earlier in the session.

Analysts said the metal was on a continuous rally as a result of rising demand from the automotive industry amid a supply shortfall.

Silver rose 0.7 percent to $ 17.26 an ounce after hitting a three-month high of $ 17.42.

Platinum rose 0.3 percent to $ 996.95 after hitting its highest level since Sept. 11 at $ 1001.40 today.

urgently .. Baghdad and Kurdistan agree ” in principle” to lift the ban on international aviation


URGENT: Baghdad and Kurdistan agree in principle to lift international air embargo
 one hour ago

“The delegation of Baghdad, which is currently visiting Erbil, agreed with the Ministry of Transport and Communications in the Government of Kurdistan to lift the international ban on airports in the region.

The sources told Ashqaf News today that the delegation of Baghdad and the Ministry of Transport in the region reached a consensus and a joint mechanism to lift the international ban on airports Erbil and Sulaymaniyah.

The sources added that the two sides had written a memorandum on the agreement and signed it, pointing out that the record would be submitted to Prime Minister Haider al-Abbadi.

The sources said that the record confirms that there is no problem or impediment to lifting the international embargo.



Muktar Bashir Aden

Mosul Eye

To Put Mosul on the Global Map

Matters Of Life And Death

"We're all just walking each other home" ~ Ram Dass

Kamus Istilah

Yang Pernah Mbuat Aku Bingung

1001 Iraqi Thoughts


Sajad Jiyad

Iraq, politics, development

The Blog

The latest news on and the WordPress community.

%d bloggers like this: