Abdul-Mahdi and the World Bank to establish joint economic business

Date of edit:: 2019/8/28 21:20

BAGHDAD: The Prime Minister Adel Abdul Mahdi, on Wednesday, the establishment of joint economic work with the World Bank.

A statement by Abdul Mahdi Media Office received (Euphrates News) a copy of it, the latter “received the World Bank’s regional director for the Middle East Saroj Kumar and his delegation, and discussed the government’s vision for the future of the Iraqi economy and plans to promote non-oil producing sectors and diversify sources of income and ways of cooperation in this field”.

The Prime Minister pointed to “grain production, which will amount to about five million tons of wheat, corn, rice and others, which was achieved this year and offset the imports of foreign wheat currently and provided thousands of jobs and boosted the chances of success of the agricultural sector and the growth of the Iraqi economy,” also stressed “the importance of supporting investments Income generating and supporting the Iraqi private sector through the International Development Agency, along with the contribution of the World Bank in improving the business environment in Iraq and its required standards that help in attracting foreign investment, and cooperation between Iraq and the World Bank to establish joint economic work. she


More than 3500 new MasterCard for the disabled in Dhi Qar

28-08-2019 08:21 PM

Baghdad / News

The Disability Department in Dhi Qar announced today the distribution of 3507 MasterCard cards to those covered by the monthly salaries of the disabled in the province.

The director of the department Zainab Abdul Hussein said in a press statement, “The cards were distributed to the disabled, who have a disability rate of more than 75% of the two segments of the city and the military.”

She pointed out that “all beneficiaries will be able to receive their salaries for the current year through the card once the allocation of financial balance, where they will be notified via text messages on their personal phones.”


Iraqi UN agreement to implement projects worth $ 33 million in six provinces



2019/08/28 10:39:56

The Iraqi government signed on Wednesday with the United Nations Development Program an important agreement to support the activities of the project to stabilize the country.

The agreement, which signals the government’s confidence and strong partnership with UNDP, aims to rehabilitate infrastructure and basic services, such as water, electricity, health care, housing and education, in the liberated and affected areas, particularly Nineveh, Anbar, Salah al-Din, Diyala, Kirkuk and Basra. To 33 million, to implement many projects in those areas.

The Secretary-General of the Council of Ministers Hamid al-Ghazzi, the Iraqi government, through the signing of the agreement, to implement development projects in many areas of the country affected, and focus the effort on the most affected areas, whether in the liberated areas or the rest of the provinces.

He said that “the most prominent works and projects on which the agreement is built focus on infrastructure and water, electricity, health and other services, as our provinces still need more infrastructure and service,” he explained, “We confirm through this agreement Iraq’s commitment to strategic partnership with the United Nations Stability in the liberated areas and the return of the displaced, and the construction and rehabilitation of infrastructure in the provinces that have suffered and damaged by the circumstances that have passed through the country.

For her part, the resident representative of the program in Iraq, Zeina Ali Ahmed expressed gratitude for the contribution of the Iraqi government in the program, considering the agreement between the two parties represents the firm commitment of the Iraqi government to restore stability, and encourage the safe and dignified return of communities that fled the brutality of terrorist organizations.

“The Iraqi government has been a strong and leading partner in the UNDP stabilization effort. We would not be able to complete more than 2,000 stabilization projects, benefiting more than 8 million Iraqis without this serious partnership,” she said.

“The agreement sets a precedent for increasing our participation, and we hope this will mark the beginning of a strong and lasting financial partnership in which the government will continue to contribute to projects managed by UNDP, in line with its priorities and aspirations.”

“This step represents a strong reinforcement and support for the international community’s efforts in Iraq,” she said. Achieved so far and pave the way for a more prosperous Iraq. ”


Trade is discussing with a US official Iraq’s accession to the World Trade Organization

Date of edit:: 2019/8/28 17:46

BAGHDAD: The Minister of Commerce, Mohammed Al-Ani, on Wednesday, during a meeting with Minister Plenipotentiary for Economic Affairs at the US Embassy to leave the blood of Iraq’s keenness to develop trade and economic relations with all countries of the world.

“The Minister of Commerce Mohammed Hashim Al-Ani discussed with the Minister Plenipotentiary for Economic Affairs at the US Embassy Patrick Dam, ways to develop economic and trade relations between Iraq and America and exchange views on issues of mutual understanding,” the ministry said in a statement received.

The Minister pointed out that “during the meeting discussed the issue of Iraq’s accession to the World Trade Organization (WTO) and the steps taken by Iraq to join the organization and the most important required files related to the process of accession in accordance with the requirements of the current stage, the most important file memorandum of foreign trade policy for Iraq and a file of the preliminary presentation of goods and services and a plan file Legislative implementation and the intellectual property file, as well as the issue of facilitating the granting of business visas to both parties.

The minister stressed, “Iraq’s keenness to develop trade and economic relations with all countries of the world, especially the United States of America in the light of the government program announced by the Prime Minister and ratified by Parliament, in addition to the importance of developing and developing joint relations at all levels and seeking to open new channels of communication with Countries of the world. ”

In turn, Minister Plenipotentiary Patrick pointed to “the importance of developing relations and activating them in the economic aspect.”

He stressed, “the importance of the forum, which will be held during the next few months and includes businessmen between the two countries that Iraq has fertile ground encourages investors to enter the Iraqi market and this forum includes all economic, trade, agriculture and industry to other areas.” is over


Issuing a package of decisions related to the entry and exit of funds across the Iraqi borders

Local currencies

money and business

Economy News – Baghdad

 Ali Mohsen Ismail, chairman of the Council for Combating Money Laundering and Terrorism Financing, has issued a series of decisions concerning the controls on the declaration of funds when they are brought in and taken out across the Iraqi border.

Among the new decisions, customs authorities may be allowed to search people and inspect their luggage to verify the authenticity of the information.

As for the amounts allowed in or out of the territory of the Republic of Iraq, amounts below (10) thousand US dollars or the equivalent of other currencies are allowed to enter without authorization.

Amounts exceeding (10) thousand US dollars to (20) thousand US Dollars are required to be declared with the need to show supporting the purpose of the introduction or removal of these amounts.

It is required that the process of inserting and removing funds through financial institutions exclusively if the amount exceeds (20) thousand US dollars.

One of the decisions stipulated that “the entry and exit of amounts exceeding (1,000,000) (one million Iraqi dinars) is prohibited even if they are declared, and the amount is withheld and legal proceedings are taken against it.”


Pence to Barzani: We are considering other steps to weaken Iraqi groups

Date of edit:: 2019/8/28 10:15

US Vice President Mike Pence spoke by telephone with the President of the Kurdistan Region, Nechirvan Barzani, on the need to advance efforts to stabilize the disputed areas, and expressed his country’s concern about the continued militias to weaken the security and sovereignty of Iraq, This came in a statement to the White House.

The White House issued a statement on Tuesday night’s telephone conversation between Barzani and Pence. “The Vice President of the United States, Mike Pence, spoke over the phone with the President of Iraqi Kurdistan, Nechirvan Barzani, about the security situation in northern Iraq, including The importance of advancing efforts aimed at stabilizing the disputed areas and the return of the displaced, including religious and national components displaced by the war. ”

Pence praised Barzani and the Kurdistan Regional Government “to provide shelter for displaced civilians and to lead Iraqi efforts to protect those affected by the war in recent years,” according to the statement.

“The two leaders discussed the fifth anniversary of the horrific attack by ISIS against the Yazidi community in Sinjar, and pledged to coordinate to prevent any re-emergence of ISIS activity,” the White House statement said.

The statement said that “the vice president stressed that America is concerned about the continued (militias) supported by Iran to weaken the security and sovereignty of Iraq, and that America is considering taking other steps to weaken the influence of these groups, as talked about the US definition on July 18 of the warlords and their responsibility for recklessness Human Rights in Northern Iraq.

The statement added: “President Barzani and Vice President, Pines, to the latest developments achieved through talks between officials of the Kurdistan Regional Government and the federal government, and the Vice President announced America’s support to resolve outstanding problems on time, including the problem of budget and oil sales also discussed the opportunities that Allow progress in the partnership between the United States and the Kurdistan region of Iraq, including economic and security. ”


A senior government delegation from Baghdad is visiting Erbil today

Release date:: 2019/8/28 12:01

Interior Minister Yassin al-Yasiri will head a high-level delegation from the federal government that is scheduled to visit Erbil today.

“A high-level delegation from the Interior Ministry will visit Arbil on Wednesday and will be headed by Minister Yasiri,” Ahmed said.

He added that “will be discussed on the problems that still face our citizens with regard to the issue of civil status,” pointing out that “the delegation’s visit, especially on the work of the two ministries only.”

Regarding another visit scheduled to be carried out by committees from the Kurdistan region to Baghdad, Ahmed pointed out that “Erbil is waiting for Baghdad to prepare its committees in order to seriously talk about the outstanding contentious issues.” The federal government is ready to receive us. ”