Hussein and McGurk discuss steps to implement the American withdrawal from Iraq

  •  Time: 09/26/2021 23:53:28 
  •  Reading: 169 times 
Hussein and McGurk discuss steps to implement the American withdrawal from Iraq

{Politics: Al Furat News} Foreign Minister Fouad Hussein discussed, on Sunday evening, with a member of the National Security Council and the White House Coordinator for the Middle East and North Africa, Brett McCork, steps to implement the American withdrawal from Iraq,

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was mentioned in the ministerial statement, a copy of which was received by {Al-Furat News}, that “this came during his reception at his residence in New York, McCork, and the US Assistant Secretary of State For Near Eastern Affairs, Yale Lambert, on the sidelines of the 76th session of the United Nations General Assembly.
He added, “During the meeting, they discussed bilateral relations between Iraq and the United States of America, especially the military and security relations, and the mechanism for implementing the steps that were adopted during the strategic dialogue session, as well as the regional situation in the region, current developments in it, and Iraq’s relations with the countries of the region.”
Fouad Hussein asserted, ”
McCork and Yale Lambert expressed their “appreciation for the efforts made by Iraq to promote peace and stability in the region,” praising “the efforts and initiatives undertaken by Iraq through the Baghdad Conference for Cooperation and Partnership.”
The statement continued, “The meeting also touched on US-Iranian relations, and their effects on relations between the countries of the region under the new Iranian and US administrations.”


Al-Kazemi arrives in Karbala

  •  Time: 09/26/2021 22:58:26 
  •  Reading: 403 times 
Al-Kazemi arrives in Karbala

{Local: Al Furat News} Prime Minister Mustafa Al-Kazemi arrived in the holy province of Karbala. 

Al-Kazemi’s visit comes with the approaching of the fortieth anniversary of Imam Hussein (peace be upon him) on the 20th of Safar, the day after tomorrow, Tuesday, and its entry into the climax amid a security, service and health alert.

Adviser to the Prime Minister sets the conditions for re-exchange of the dollar to the previous rate

  •  Time: 09/26/2021 16:01:15 
  •  Reading: 3,068 times 
Adviser to the Prime Minister sets the conditions for re-exchange of the dollar to the previous rate

{Economic: Al Furat News} The financial advisor to the Prime Minister, Mazhar Muhammad Salih, set the conditions for reconsidering the exchange rate of the dollar against the dinar and returning it to the previous rate. 

Saleh told {Euphrates News} that “restoring the dollar exchange rate to its previous era requires a number of things and a period of time,” stressing “the country’s foreign currency reserves must be stabilized by addressing the budget deficit as well as improving the economy.”

He stressed that “this matter cannot happen in the short period according to the current economic fluctuations and the general economic policy, which is difficult for anyone to speculate on its current 
conditions.” The exchange rate was previously between 2006 and 2008, according to the Iraqi reserves of foreign currency. 
It is noteworthy that the Central Bank of Iraq decided on January 19 last to make a significant change in the dollar exchange rate, as follows: 
1450 dinars per dollar, the purchase price of foreign currency from the Ministry of Finance. 
1460 dinars per dollar, the price of selling foreign currency to banks. 
1470 dinars per dollar, the price of selling foreign currency to the public. 
The Central Bank’s decision caused a rise in prices for foodstuffs, consumer goods and commodities, which negatively impacted the standard of living of citizens and exacerbated unemployment.Share if you like

The Central Bank decides to issue construction bonds to support the 2021 budget


Economy News – Baghdad 

The Central Bank of Iraq decided to issue construction bonds to all citizens at an annual interest rate of 7%. 

According to a document issued by the Central Bank, and signed by the Deputy Governor Ammar Hamad, he stated, “Based on the budget law for the year 2021, which authorized the issuance of national bonds to the public in support of the budget, the Central Bank of Iraq, as the financial agent of the Ministry of Finance, will issue bonds under the name of building bonds in 3 October 2021. 

He added that “the categories offered for bonds are a bond of 500 thousand dinars with an annual interest of 6% and for a period of two years, and a bond of a category of one million dinars with an annual interest of 7% for a period of 4 years.” 

He pointed out that banks will receive public purchase requests.

Iraqi President: We were the arena of a regional and international struggle with our money and our lives

politicsThe conflict in IraqIraqi President Barham SalihCNNregional conflicts 2021-09-26 13:16A-AA+

Shafaq News / The Iraqi President, Barham Salih, considered, on Sunday, that Iraq was an arena for regional and international conflict with the money and lives of Iraqis, and this situation must be ended, while referring to the region’s need for a neighborly dialogue instead of a rupture.

Saleh said, in an interview with the American “CNN” channel, that “a secure and stable Iraq with full sovereignty can be an arena for the convergence of economic interests, infrastructure, railways, and gas and oil pipelines, between the actors in the region from Iran, Turkey and the Arabs.”

He explained that “the population of Iraq is now 40 million, and in 2050 it will be about 80 million, and the same is true with all countries in the region that are witnessing an increase in population, and these countries may not be able to find jobs for future generations if the current dynamic of conflicts in the region continues.” This also applies to Iran, Jordan and Egypt.

He noted that “the region is in dire need of cooperation and work on plans to build infrastructure, expand and integrate the economies of countries, combat climate change, and work to meet the population’s requirements for jobs, quality education and better health care,” adding, “We cannot wait until others solve this for us.” We have to work on it ourselves.”

Saleh added, “Our region needs dialogue, we are neighbors and we must engage in dialogue despite differences instead of a state of estrangement, and we are more optimistic than ever about turning the page on crises and disputes in the region.”

“The region is facing major problems, and while we focus on terrorism and extremism, we must realize the upcoming challenges related to the economic situation,” he added.

Regarding the situation in Afghanistan, the Iraqi president pointed out that “the lesson that took place after the events of Afghanistan and 20 years of American presence, gives the impression that no matter how much international support is, without the support of good governance, success and salvation cannot be achieved.”

However, “corruption is also an obstacle to good governance, security and stability, and that good governance must be at the heart of any international support in any region of the world.”

The Central Bank of Iraq issues new financial bonds

economyCentral Bank of Iraqfinancial bonds 2021-09-26 13:14A-AA+

Shafaq News/ The Central Bank of Iraq announced on Sunday the issuance of new bonds in two financial categories.

The bank stated in a statement received by Shafak News Agency; In continuation of the role of the Central Bank of Iraq in developing the local financial market and mobilizing savings, the Central Bank offered the first issue of (construction) bonds of two categories (500,000) dinars (five hundred thousand dinars) with annual interest (6%) for two years, and (1,000,000) dinars. (One million dinars) with annual interest (7%) for four years.

The central bank confirmed; That “the purchase of these bonds will be through authorized banks, which receive purchase requests from those who wish to do so and deliver them a receipt for the purchase amounts of these bonds, where the Central Bank issues them and delivers them to the banks within a short period.”

Iraq and the UAE discuss strengthening bilateral relations and economic cooperation

Obelisk - the event as it happened

2021/09/26 18:11

  • number of readings 95
  • Section : Iraq

Baghdad/The Obelisk: Parliament Speaker Muhammad Al-Halbousi, accompanied by a parliamentary delegation, met on Sunday, September 26, 2021, the President of the UAE Federal National Council Saqr Ghobash in Abu Dhabi .

The meeting discussed strengthening parliamentary and bilateral relations between Iraq and the United Arab Emirates, and cooperation in all fields .

Al-Halbousi stressed the importance of communication and dialogue at the level of parliaments, the activation of friendship committees, and the role of parliamentary diplomacy in strengthening fraternal bonds between the two brotherly countries and peoples .

Saqr Ghobash also stressed his country’s endeavor to develop its relations with Iraq and support strengthening partnership and economic cooperation, and everything that contributes to achieving security and stability in Iraq .

The IHEC announces that the government will allocate a financial reward for each voter who receives his electoral card

Sunday 26 September 2021 | 10:09 am| Number of readings: 188

Today, Sunday, the Chairman of the Board of Commissioners, Judge Jalil Adnan Khalaf, announced that the government will allocate a financial reward for each voter who receives his electoral card .Khalaf said, “The government will provide a special reward for each voter who hurries to receive his printed electoral card, which is currently in the voter registration centers, in order to be able to participate in the elections .”He pointed out that “the deadline for the delivery of unreceived cards from their owners is approaching, and they are withdrawn to the National Office.”

This is the priority of the 2022 budget

Sunday 26 September 2021 | 01:02 PM| Number of readings: 117Al-Kazemi’s advisor reveals:

Mazhar Muhammad Salih, the financial and economic advisor to the Iraqi Prime Minister, revealed today, Sunday, the priority in the draft budget law for the year 2022 .Saleh said, “The priority in the draft budget law for the year 2022 will be to pay the external and internal debts owed by Iraq, because failure to pay them is considered a failure and a not good international financial indicator .”And he indicated that “nine trillion dinars of debt services (installments and interests) will be paid from the 2022 budget, and the interest in repaying foreign debts falls within the country’s good credit rating .”Saleh added that “the draft budget law for the year 2022, so far, has not been completed and work is continuing to complete the project as soon as possible.”