Kurdistan Finance Minister calls KRG delegation meetings in Baghdad as ‘positive’

2022-12-14 08:36Font

Shafaq News / The Minister of Finance and Economy in the Kurdistan Region, Awat Sheikh Janab, described on Wednesday the talks held by the delegation of the Kurdistan Regional Government negotiating in Baghdad to resolve differences and outstanding issues positively.

Sheikh Janab said in a statement to the official website of the Kurdistan Regional Government today that the meetings of the delegation of the Kurdistan government in Baghdad included discussing oil issues, the budget of 2023, and the region’s share of them, noting that the Federal Ministry of Finance did not send the Kurdistan Region throughout 2022 only two months, referring to the region’s share of the budget.

Sheikh Janab, who is a member of the delegation, the government of the negotiating region, added that “part of our visit was devoted to defending the region’s share in the budget, as well as the problems that existed between Erbil and Baghdad, in addition to the problems of staffing, and the issue of spending and income.”

During the visit of the KRG delegation to Baghdad, another topic was discussed is oil, which has become a pending issue between Erbil and Baghdad.

Awat Sheikh Janab noted that during the meetings there were discussions on oil, we made great strides and to some extent there was an understanding between the two sides.

“We agreed to find solutions to these issues within the framework of the constitution, political agreements and the ministerial program of the new Iraqi government,” he added.

Sheikh Janab also pointed out that “as Minister of Finance and Economy, we have officially asked the Iraqi Ministry of Finance to spend the share of the Kurdistan Region of the budget.”

“In our meeting with the Iraqi Minister of Finance and the Economic Committee, we talked about this and promised to propose to the Council of Ministers. After the efforts of the delegation, the Council of Ministers decided to send the funds of the region for two months to the Kurdistan Region.”

“This time compared to previous times, we are very optimistic and the results of the discussions will be admired by citizens,” the Kurdistan minister said, stressing that the delegation of the Kurdistan government tried hard to ensure the budget and share of Kurdistan’s employees in a way that does not fall into the political conflicts directed against the Kurdistan region.



Parliamentary Finance comments on the rise in dollar exchange rates in the country

political| 02:35 – 12/14/2022


Special – Mawazine News
, the Parliamentary Finance Committee commented, today, Wednesday, on the rise in the exchange rates of the dollar to more than 151 thousand dinars per 100 dollars.

Committee member Jamal Cougar said in an exclusive interview with Mawazine News, “The committee does not know the reasons for the suspension or weakness in the currency auction, and that, unfortunately, when the supply decreases, the demand increases,” noting that “the reasons for the lack of supply are not yet known.”

He added, “It is the duty of the government to work on controlling prices because Iraq is a consuming country, and the goods that enter the country are all in hard currency, which necessitates the government to deal with the matter.” Ended 29 / m99


Planning: There is no agreement to change the dollar exchange rate

Economie| 02:38 – 12/14/2022


Baghdad – Mawazine News
The Ministry of Planning revealed, on Wednesday, the issuance of directives from Prime Minister Muhammad Shia al-Sudani related to addressing the effects of changing the exchange rate of the dollar.

Undersecretary of the Ministry of Planning, Maher Hammad Johan, said, “Prime Minister Muhammad Shiaa al-Sudani issued directives to contain the negative effects of changing the dollar exchange rate by providing job opportunities, addressing minimum wages, protecting the poor and marginalized, and increasing attention to the items of the food basket.”

“The effects of changing the exchange rate are not all negative,” Johan added, in an interview with the official news agency and followed by Mawazine News, stressing that “there is no agreement, whether in the House of Representatives or in the Central Bank, to change the exchange rate.” Ended


Masrour Barzani: There is a positive atmosphere between Erbil and Baghdad to solve the outstanding problems

Kurdistan WomenErbilMasrour BarzaniBaghdadBreaking

2022-12-14 07:33Font

Twilight News / Kurdistan Regional Government President Masrour Barzani confirmed on Wednesday that there is a positive atmosphere between Erbil and Baghdad to resolve outstanding problems, hoping that approval to send part of the region’s share will be a step to solve the problems of the budget, oil and gas and disputed areas.

This came during his meeting with British Ambassador to Iraq Mark Bryson Richardson, according to a statement received by Twilight News. The meeting discussed the latest developments and developments in Iraq and the region, in addition to discussing ways to strengthen relations between the Kurdistan Region and Britain.

The two sides stressed the importance of solving the outstanding problems between the Kurdistan Region and the federal government on the basis of the constitution and the ministerial curriculum of the new government. The Prime Minister pointed to a positive atmosphere towards solving the problems between the two sides, and expressed the hope that agreeing to send part of the region’s share for the month of November and December will be a step towards reaching agreement on resolving problems related to the budget, oil and gas, disputed areas and other issues.

The meeting also touched on the reforms implemented by the Ninth Ministerial Group, in particular the electronic transformation of public services, and the export of local products from the Kurdistan Region to the British and European markets in general.

In the meeting, they also stressed the importance of protecting the security and stability of the Kurdistan Region and implementing the Sinjar Agreement to ensure the normalization of the situation in the region and the removal of militias and armed forces other than legitimacy.


Chinese Ambassador: New achievements will be achieved with Iraq during the next year

political| 04:02 – 12/14/2022


Baghdad – Mawazine News
The Ambassador of the People’s Republic of China to Iraq, Cui Wei, affirmed, on Wednesday, the continuation of supporting Iraq in several areas, including reconstruction and strengthening the economy, and that next year will be the beginning of implementing the results of the bilateral meeting between the leaderships of Iraq and China, he indicated that there are new achievements It will be achieved with Iraq.
Ambassador Wei said, “Iraq is one of the important countries in the Arab world, and the Chinese president’s attendance at the Arab-Chinese summit is a new starting point for cooperation with Iraq,” pointing out that “the Chinese president indicated, during his meeting with Prime Minister Muhammad Shia Al-Sudani, that Iraq is one of The first Arab country to establish diplomatic relations with the People’s Republic of China, while Al-Sudani expressed his strong desire to strengthen relations and cooperation between the two countries.
Wei added, “Iraqi-Chinese relations have witnessed a peaceful development, and cooperation between the two countries in all fields has achieved balanced progress since the establishment of strategic partnership relations between them in the year 2015,” stressing that “the Chinese side will continue to provide firm support to Iraq in preserving its sovereignty, independence and territorial integrity.” And to enhance solidarity and cooperation between the various Iraqi parties.
He pointed out that “China is ready to join efforts to continue deepening the strategic partnership relations that bind the two countries,” stressing that “the Chinese side will continue to support Iraq in rebuilding and strengthening the economy and assisting it in restoring the industrial sector, improving people’s livelihood and achieving sustainable development.”
He continued, “We appreciate what the Iraqi side has done in terms of support and contribution to strengthening collective cooperation between China and the Arab countries,” stressing “the readiness to work with them to implement all the expected results of the first Chinese-Arab summit well and to raise the Sino-Arab strategic partnership relationship to a higher level.”
He stated that “next year marks the beginning of the two sides’ implementation of the results of the bilateral meeting between the leadership of the two countries, and it will also include the 65th anniversary of the establishment of diplomatic relations between China and Iraq,” noting that “there is a lot of work that we must do in the next year, and we will achieve new achievements.” Ended 29 / h


Cash reserves reach their highest levels of more than $90 billion



Economy News-Baghdad

The Central Bank announced that the volume of currency reserves had reached its highest levels in the history of the State of Iraq, while indicating that public finances have an opportunity to compensate all the disadvantaged and those with low salaries among retirees.

Central Bank Adviser Ihsan Shamran Al-Yasiri said in a statement: “The central bank’s reserves have reached their highest levels in the history of the Iraqi state and have exceeded $90 billion,” explaining that “what we are counting on is not the central bank’s reserves, but rather the performance of public finances that are now enjoying sufficient abundance.” Too much money.”

Al-Yasiri continued, “The central bank’s work is to manage monetary policy and intervene to fix problems related to the exchange rate and others,” noting that “the bank’s reserves are still abundant and our procedures are rational.” 

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Added 12/14/2022 – 9:52 AM


Rasheed Bank announces the suspension of withdrawals and deposits from savings accounts

Economie| 12:07 – 12/14/2022


Baghdad – Mawazine News
Al-Rashid Bank announced, on Wednesday, the suspension of withdrawals and deposits from savings accounts for the purposes of the annual application.

The bank said, in a statement received by Mawazine News, that “withdrawals and deposits from savings accounts in all its branches will be stopped for the purposes of the annual application, starting from the 22nd of this month, until the second of next month, with the continuation of the usual working hours for all employees of the bank’s branches.”

The statement added, “The bank will resume all its business at the beginning of next year.” Ended 29/N33


Nechirvan Barzani stresses the importance of having a common understanding and vision on the management of Iraq and its wealth

PoliticianIraqBreakingNechirvan BarzaniWealth

2022-12-14 04:54Font

Shafaq News / The President of the Kurdistan Region, Nechirvan Barzani, stressed on Wednesday the need for a common understanding and vision to manage Iraq and its wealth, during his meeting in Erbil the Ambassador of the United States of America in Baghdad, Alina Romanowski.

Similarly, the presidency of the region said in a statement received by Shafaq News Agency that “during the meeting, they discussed the recent visit of the President of the region to Baghdad and his meeting with officials in the federal government and work to strengthen the relationship between Erbil and Baghdad, and solve problems on the basis of the constitution and federal system.”

The statement added that the two sides stressed the need for “joint action between Erbil and Baghdad and the political parties and agreed in opinion on the need to support the new government in Iraq, stressing that there is an opportunity to solve Iraq’s problems and implement the government program.”

The two sides also stressed “the need to implement the agreement between the federal government and the governments of the Kurdistan Region to normalize the situation in Sinjar and return the displaced to it.”

repercussions On the basis of Barzani stressed “the need for a common understanding and vision of how to manage the country and its wealth and work to provide services to citizens and provide security and stability.”

The importance of preserving border areas, coordinating between Erbil and Baghdad in this regard, diversifying energy sources, encouraging foreign investment in Iraq and the Kurdistan Region, the reorganization of the Peshmerga forces, and Iraq’s relationship with neighboring countries, were also discussed.


Al-Sudani receives the commander of the US Central Command

political| 12:58 – 12/14/2022


Baghdad – Mawazine News
, the Prime Minister and Commander-in-Chief of the Armed Forces, Muhammad Shia’ al-Sudani, received today, Wednesday, the Commander of the US Central Command, General Michael Korella, to discuss military coordination between Iraq and the United States.

The media office of the Prime Minister said in a statement, received by Mawazine News, that “the Prime Minister and Commander-in-Chief of the Armed Forces, Muhammad Shia’ al-Sudani, received today the commander of the US Central Command, General Michael Korella and his accompanying delegation,” noting that “the meeting was attended by the commander of the Armed Forces.” The international coalition in Iraq and Syria, General Matthew MacFarlane, as well as the US ambassador to Iraq, Elena Romansky.

The statement added, “During the meeting, they discussed aspects of military cooperation and coordination between Iraq and the United States.”

Al-Sudani stressed “the importance of continuing joint work, especially in the field of providing advice and training to the Iraqi forces, which are fighting the confrontation against terrorism effectively and professionally,” stressing that “the Iraqi forces are determined to continue working in order to stabilize stability and preserve the successes achieved in the war on terrorism.” Ended 29/M99