The Central Bank of Iraq announced, on Monday, that it has started activating the self-management of foreign reserves.
And the central bank stated in a statement seen by “Economy News”, that it had begun “activating tools for direct communication and negotiation with clients and external correspondents on the Bloomberg and Refinitiv (FXALL, RFQ) platforms.”
He added that this is a simulation of “the latest global developments in using the best executive tools for managing and investing foreign reserves in order to achieve the best returns in trading and investment operations.”
Baghdad / NINA / – The High Elections Commission announced the decisions of the judicial authority regarding the annulment of the results of some polling stations.
The commission stated in a statement that: “Today, Monday, the Board of Commissioners presented the latest developments in the electoral process, after all 1,436 appeals sent to the electoral judiciary were considered.”
She explained: “The decisions issued by the commission included 1,415 decisions dismissing the candidates’ appeals, reversing 21 decisions of the Board of Commissioners, 15 decisions for procedural reasons, as a result of which the commission was obligated to re-count and manually sort the contested stations, and the remaining 6 decisions were accepted for appeal for legal and technical reasons that led to As a result, the results of some polling stations were canceled.”/ End 5
Shafaq News/ The Iraqi Ministry of Finance announced, on Monday, that Iraq has achieved the “highest economic growth” among the Arab Gulf countries during the current year 2021.
This came in a statement received by Shafak News Agency, confirming that this is “according to the report of the International Monetary Fund, which was recently issued, in which he expressed his optimism that the Iraqi economy will record the highest growth rates in the region compared to the countries of the region (the Arab Gulf, Egypt and Jordan).”
The ministry said that the Fund’s report favored its expectations for the recovery of the Iraqi economy after a series of fundamental reforms in the structure of the local economy, which were adopted by the Iraqi government and the Ministry of Finance last year, represented by the White Paper for Financial and Economic Reform, expecting at the same time the improvement of the global oil market, which will push towards promoting economic growth for the medium term. .
The Iraqi Finance statement indicated that the policy of developing and improving non-oil activity that the Ministry of Finance worked on by supporting various productive sectors had a tangible impact in gradually raising recovery rates.
And yesterday, Sunday, Shafaq News Agency published the expectations of the International Monetary Fund, which showed that Iraq will achieve the highest economic growth among the Arab Gulf countries during the year 2021.
According to the Fund’s expectations table, Iraq will achieve economic growth for 2021 that is higher than the rest of the oil-rich Arab Gulf states, by 3.6%, while it is expected that Saudi Arabia will witness economic growth of 2.8%, Oman will witness an economic growth of 2.5%, and Qatar will witness an economic growth of 1.9% Kuwait is experiencing an economic growth of 0.9%, and the UAE is experiencing an economic growth of 2.2%.” Jordan is experiencing an economic growth of 2%, and Iran is experiencing an economic growth of 2.5%, and Turkey is experiencing an economic growth of 9%.
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