The e-government, the Ministry of Finance and the Bank of Bahrain are discussing ways to develop the financial sector’s contribution to the GDP

Sunday, December 25, 2022 – 02:00

The Information and eGovernment Authority, the Ministry of Finance and National Economy and the Central Bank of Bahrain held a joint meeting in a building Al Barsha of the Authority in Muharraq Governorate, with the aim of examining and discussing ways to develop the financial sector’s contribution to Gross domestic product, in line with the economic recovery plan strategy and the financial services sector development strategy (2022-2026). ).

During the meeting, a number of topics on the meeting agenda were discussed, as the calculation mechanism was discussed Gross product according to internationally approved methods and standards, and the industrial classification applied in the process of calculating activities, which is the classification industry (revision), which enables comparisons to be made between international and national data, and to extract a set of guidelines for the development of National classifications and strengthening and developing national statistical systems.

After that, the axis of the approved and globally classified coverage of the financial sector was discussed in terms of the activities included in it This sector, and the best ways to enhance the contribution of the financial sector to the gross domestic product, and in this aspect A set of basic axes related to the quality and accuracy of the data and the updating of the required data were presented periodically, as was done Also discuss the comprehensiveness of the data.

During the meeting, Noura Al-Saadoun, Director of the Economic Statistics Department at the Information and e-Government Authority, expressed her deep thanks to the bank Central Bahrain for their initiative and continuous support in providing the authority with the required data. I also extended my sincere thanks and appreciation to The Ministry of Finance and National Economy for their continuous support in strengthening and continuity of coordination between government agencies, which have a role Significant in monitoring indicators of the national economy that supports decision makers and policy makers.

It is worth noting that the Information and e-Government Authority represented by the Department of Economic Statistics works continuously in partnership with various agencies Competent government agencies in order to harness all efforts and capabilities to provide reliable and supportive data and statistics for the national economy, Through the continuity of organizing coordination meetings with the authorities, and the relentless pursuit of adopting and employing modern and approved statistical techniques. Internationally, conducting surveys and issuing economic reports that reflect the contribution of various national sectors to the GDP Total. 

The meeting was attended by Hala Hassan, Director of the Economic Indicators Department, from the Ministry of Finance and National Economy, and Ahmed Reda Sanad, Director of the Analysis and Information Department, and from the Information and e-Government Authority, Nora Khamis Al-Sadoun, Director of the Statistics Department Economic, Nour Abdullah Al-Saidi, Head of the National Accounts Department, Prasadarao Kantiti, National Accounts Expert, Ismail Abdulaziz, Statistics Specialist Senior Economist. The meeting was also attended by Mohammed Al Sadiq, Head of the Stability Department, from the Central Bank of Bahrain Al-Maly, Nihal Hamza, Head of the Statistical Research Department, Dana Al-Shihabi, Head of the Quality Department for Information Technology, and Zahra Rabih, an observer Economic research.

http://www.akhbar-alkhaleej.com/news/article/1319796

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Iraqi MP: Washington requested secret understandings with Al-Sudani and obstruction of Iran’s payment of Iraq’s dues

Sunday, December 25, 2022 – 02:00

Baghdad – d. Hamid Abdullah

An Iraqi deputy revealed a secret message sent by Washington to the Iraqi Prime Minister, Mohammed Shia Al-Sudani, to visit Washington To draw understandings with his government that complement what was agreed upon during the time of former Prime Minister Mustafa Al-Kazemi.

Representative Mustafa Sanad said: America sent three letters to Mr. Al-Sudani, requesting him to attend Washington to reach an understanding and complete the path of the previous government, without uttering a single word, according to the expression of the Iraqi representative.

Sanad implicitly refers to US pressure on the Sudanese government to curtail Iran’s role in Iraq and to be free from pressure Militias linked to the Iranian Revolutionary Guard, which have become outside the control of successive Iraqi governments.

The Iraqi MP revealed pressures exerted by the US administration to prevent three private banks from participating in the currency auction Attributing the high price of the dollar in Iraq to US pressure.

Sanad said that Washington excluded four banks (Al-Awsat, Al-Qabid, Al-Ansari and Asia) from the currency auction, which reduced Central Bank sales to a third, which led to a rise in the dollar in the parallel market, indicating that with Those measures pressured the US Treasury Department on Iraq in order to block the purchase of gas and energy from Iran by preventing Iraq from paying Iranian dues in US dollars and adopting the Iraqi local currency for payment The value of the accumulated amount for Iran amounted to 10 billion dollars, and the United States prevented Baghdad from transferring the amount. 

The differences between the Iraqi Prime Minister and the forces of the coordination framework began to escalate due to Al-Sudani’s rejection of the dictates of the framework, which are As a result, Iranian dictates.

Iran is pressing to increase its trade exchanges with Iraq to reach $50 billion annually, with continued supply Iraq with gas for the production of electric power, while the Sudanese face American, European and regional pressure to reduce the dependence of the Iraqi economy with its main joints on Iran and the search for other outlets for dealing.

Iran is putting pressure on Iraqi heads of government by cutting off the electricity supply that comes from Iran Cities in the south of Iraq during the summer season, causing the street to inflame against any Iraqi government that overlaps in its policies With the highest Iranian interests.

http://www.akhbar-alkhaleej.com/news/article/1319763

The President Of The Republic Expresses His Desire To Unite The Efforts Of All Iraqis For The Sake Of A Prosperous Iraq

12/25/2022 1 

Earth News / The President of the Republic, Abdul Latif Rashid, today, Saturday, expressed his hope and quest for the unity of the efforts of all Iraqis for the sake of a prosperous Iraq.

The Presidency of the Republic stated, in a statement received by Earth News, that “the President of the Republic and the First Lady attended the Christmas Mass in the churches of Our Lady of Deliverance and Mar Youssef in Baghdad.”

 In a speech he delivered on the occasion, the President congratulated “Christians in Iraq and the world on the occasion of the glorious Christmas of Christ,” noting that it is “a sacred occasion, celebrated by billions of people in various parts of the world and all of humanity.”

He added, “It is his responsibility on such an occasion and on various occasions to remember the souls of the heroic martyrs, men and women who made sacrifices for a strong, free, democratic and stable Iraq.”

The President of the Republic expressed his hope and quest “for the unity of the efforts of all Iraqis for the sake of a prosperous Iraq in which all its citizens live in peace.”

رئيس الجمهورية يعبر عن سعيه لوحدة جهود جميع العراقيين في سبيل عراق مزدهر

Al-Sudani: We have battles ahead of us that are no less important than our battle against takfir, which is the war against corruption

political| 10:05 – 12/24/2022

Baghdad – Mawazine News
The Prime Minister, Muhammad Shia’a al-Sudani, affirmed, on Saturday, that the government is proud of all Iraqi components.
Al-Sudani’s office stated in a statement, which Mawazine News received a copy of, that “Prime Minister, Mr. Shia’a Al-Sudani, participated on Saturday evening in the celebrations of Iraqi Christians on the occasion of Christmas, attended the mass that was held in St. Joseph’s Church in Baghdad, and congratulated His Beatitude the Patriarch of Chaldeans in Iraq and the world, Cardinal Louis Raphael Sako, and to the Christian families participating in the Mass.
He added, “Al-Sudani met with a number of Christian citizens and listened to their arguments and some of their complaints, and directed to follow them up.”
And the statement continued, “The Prime Minister also attended the mass that was held in Our Lady of Deliverance Church in the capital, Baghdad.”
 And he delivered a speech on the occasion, he said: “I made sure today and on Christmas Eve, and I deliberately wanted to be with you here in the Church of Our Lady of Deliverance, which has become an icon of our war against takfir, extremism and terrorism, and the sinful attack on it was an extension of the continuous crimes against the Iraqi people, with the aim of annihilating and destroying His civilization, just as it was a harbinger of the crimes that followed, in Speicher, the extermination of Tal Afar and the Yazidis, and the crimes that took place in Mosul.
He added, “I attended the Christmas Mass in order to convey to my Christian family and all Iraqis, regardless of their religion, sect, or nationality, that the government is proud of everyone and believes that diversity is one of the most important factors of strength in Iraq,” noting, “Terrorism has tried to eradicate this trait, and one of its attempts was launched.” From here, they left a tragic stain on our modern history, and committed a crime that claimed the lives of innocent people who were martyred in one of the houses of God, but Iraq managed to repel the attack and prevailed over it.
And he stated, “Today, we see the definitive victory over the takfiri ideology coming inevitably, and we live in light of the security and stability that the sacrifices of the martyr heroes achieved,” stressing that “celebrating Christmas, organizing masses, and my presence here with you, is a clear sign that we have won. Terrorism reaps nothing but defeat, humiliation and denial.”
He continued, “We have seen with our own eyes how the Iraqis, of different religions and sects, rebuilt the destroyed churches, restored the broken crosses, and clung to their brothers in the homeland,” noting that “our strength lies in our diversity, as this diversity and pluralism contributed to the flourishing of ideas and the growth of creativity, and gave Iraq It has its own flavor, and it is one of the most important national treasures that must be preserved.”
He continued, “We are keen and serious in striving to preserve the presence of all Iraqi components, and we will spare no effort to work to create the appropriate security, economic and social conditions to achieve this,” stressing that “we have battles ahead of us that are no less important than our battle against takfir, which is the war against corruption, this disease that enabled Terrorism has impeded economic, service and urban development, and it is one of the most important reasons and factors that drive Iraqis to leave their homeland in search of a better life in other countries.
He went on to say: “We have set our sights on the structural reforms that we must take so that Iraq is a country capable of embracing its people and benefiting from their energies,” stressing, “We are proud of every Iraqi, and we appreciate the necessity of preserving their presence in their country and its reconstruction and construction.”
He pointed out that “the approach of Iraq and its government lies in equality, the rule of law and equal opportunities.” Ended 29 / h

https://www.mawazin.net/Details.aspx?jimare=215017

Central Bank: measures to increase the dollar supply

political| 05:57 – 12/24/2022

Baghdad – Mawazine News
Today, Saturday, the Central Bank of Iraq confirmed the assignment of 3 government banks to secure the dollar for the public, and while explaining the withdrawal mechanism, it indicated that it had allowed measures to increase the supply of foreign currency.
The Central Bank’s advisor, Ihsan Shamran al-Yasiri, said, “The Rafidain, Rasheed and Industrial banks were assigned as government banks to secure foreign currency for the public for various purposes, such as tourism, study, medicine, and others.”
He added, “It was agreed with the three banks to give Master and Visa card holders who have accounts in those banks the ability to fill them in dollars from 1-10000 at a price of 1470 to the public, while the dollar is sold to travelers at 1465.”
He added, “Card holders can use them outside Iraq to shop or withdraw money in the currency of the country to which they are traveling,” pointing out that “people who do not have a bank account and do not hold a card of any of the three banks, can open an account in it and issue the card, and then the customer fills in The amount he wishes to transfer is up to $10,000.
He pointed out that “these methods and procedures will contribute to increasing the supply of dollars, given that the bank will sell dollars in cash on a daily basis to banks and banking companies,” as well as “securing the needs of travelers to obtain dollars in a simple and cheaper way than the market,” explaining that “the process of granting dollars in cards Safe.” Ended 29/h

https://www.mawazin.net/Details.aspx?jimare=214999

Al-Sudani stresses the need to adopt a new path for economic reform

political| 06:33 – 12/24/2022

Baghdad – Mawazine News 
, Prime Minister Muhammad Shia Al-Sudani stressed, on Saturday, the need to adopt a new path for economic reform through the adoption of the Iraq Fund for Development. 
The media office of the Prime Minister said in a statement, which Mawazine News received a copy of, that “Prime Minister Muhammad Shia’ al-Sudani received a delegation such as chairmen of the boards of directors of private banks and their representatives, and the Association of Private Private Banks in Iraq.” 
The statement added, “Al-Sudani reviewed, at the outset of the meeting, the most important basic economic action axes that the government adopts in its approach. He also clarified the most prominent financial and social challenges and crises facing sustainable development, most notably the problems of poverty and unemployment.” 
According to the statement, the Prime Minister expressed his conviction in the importance of economic solutions, and relying on them to improve the service and living conditions of citizens.
And the statement continued, “Al-Sudani indicated the need to adopt a new path for economic reform, by approving the Iraq Fund for Development, which will carry an orientation towards implementing projects by the private sector, through specialized funds that contribute to development programs.” 
Al-Sudani pointed out, “The need for an efficient banking sector that enjoys the confidence of citizens, without which the government cannot support development and the private sector.” 
For their part, bank managers and representatives presented their vision, problems, and proposals, which are in the path of supporting development. The 
statement noted that “the Prime Minister directed work to facilitate it, and the formation of a joint team of advisors in the Presidency of the Council of Ministers and private banks, to review legislation that hinders The work of banks, proposing investment projects, setting up mechanisms to support private banks and activating their role, as well as receiving studies and proposals and providing possible solutions.

https://www.mawazin.net/Details.aspx?jimare=215003

Central Bank: measures to increase the dollar supply

political| 05:57 – 12/24/2022

Baghdad – Mawazine News
Today, Saturday, the Central Bank of Iraq confirmed the assignment of 3 government banks to secure the dollar for the public, and while explaining the withdrawal mechanism, it indicated that it had allowed measures to increase the supply of foreign currency.
The Central Bank’s advisor, Ihsan Shamran al-Yasiri, said, “The Rafidain, Rasheed and Industrial banks were assigned as government banks to secure foreign currency for the public for various purposes, such as tourism, study, medicine, and others.”
He added, “It was agreed with the three banks to give Master and Visa card holders who have accounts in those banks the ability to fill them in dollars from 1-10000 at a price of 1470 to the public, while the dollar is sold to travelers at 1465.”
He added, “Card holders can use them outside Iraq to shop or withdraw money in the currency of the country to which they are traveling,” pointing out that “people who do not have a bank account and do not hold a card of any of the three banks, can open an account in it and issue the card, and then the customer fills in The amount he wishes to transfer is up to $10,000.
He pointed out that “these methods and procedures will contribute to increasing the supply of dollars, given that the bank will sell dollars in cash on a daily basis to banks and banking companies,” as well as “securing the needs of travelers to obtain dollars in a simple and cheaper way than the market,” explaining that “the process of granting dollars in cards Safe.” Ended 29/h

https://www.mawazin.net/Details.aspx?jimare=214999

Barzani congratulates Christians on Christmas: Kurdistan Region will remain the same as the land of pluralism

Kurdistanea Breaking Nechirvan Barzani Christians Christmas Congratulations

2022-12-24 07:03Font

Twilight News / The President of the Kurdistan Region, Nechirvan Barzani, on Saturday, sent congratulations to Christians in Iraq and the world on the occasion of Christmas.

“I extend my warmest congratulations and blessings on the occasion of the birthday of our Lord Jesus Christ, peace be upon him, to all our Christian sisters and brothers in Kurdistan, Iraq and the whole world, and I hope that they have a feast full of joy and happiness, and that they will spend the feast under safe conditions and spend a happy holiday,” he said in a

He added that on this blessed Eid, we reaffirm that the Kurdistan Region will remain as always the stronghold and land of pluralism, peaceful coexistence, acceptance of the other, tolerance and harmony among all its religious and national components, and we will work together with our Christian sisters, brothers and all components to build the present and a better future for our future generations, and for a country that protects the rights and freedoms of all its citizens regardless of their religious and national affiliations.

“Blessed be to all, the birthday of Christ, and to return to humanity with goodness, happiness and peace,” the head of the region continued.

In turn, the President of the Kurdistan Regional Government, Masrour Barzani, congratulated on the occasion of the birth of Jesus Christ.

Masroor Barzani said in a statement that “on this blessed occasion, we can only emphasize our constant in consolidating the culture of peaceful coexistence and acceptance of the other and spreading the spirit of tolerance, moderation and solidarity among the components of the people of Kurdistan.”

https://shafaq.com/ar/كوردســتانيات/نيجيرفان-بارزاني-يهن-المسيحيين-ب-عياد-الميلاد-قليم-كوردستان-سيظل-كما-هو-رض-التعددية

Al-Sudani Reviews With Talabani A Number Of Files At The Level Of National Action Between The Federal Government And The Region

12/24/2022 5 

Earth News / The Prime Minister, Muhammad Shia’ al-Sudani, received today, Saturday, the President of the Patriotic Union of Kurdistan, Pavel Talabani.

The media office of the Prime Minister stated, in a statement received by Earth News, that “the meeting witnessed a discussion of the general political situation, the progress of government efforts to implement the ministerial curriculum, and the importance of the service role played by the executive institutions at the level of the governorates of the Kurdistan region of Iraq, and the rest of the governorates.”

During the meeting, a number of files were reviewed at the level of national action between the federal government and the regional government, to ensure the provision of services to citizens, in addition to following up the efforts made to secure the Iraqi borders and the progress of work in controlling them, in accordance with the decisions of the Ministerial Council for National Security.

https://earthiq.news/archives/179588

Sudanese advisor: Selling dollars in banks is a practical approach to achieving stability in the exchange market

Economie| 01:48 – 12/24/2022

Baghdad – Mawazine News
, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed, on Saturday, that the application of the mechanism for selling dollars in banks constitutes a correct practical approach to achieving stability in the exchange market, pointing out that the monetary policy of the Central Bank continues to provide options as well to achieve this goal.

Saleh said, “The procedures introduced in providing wide and multiple official outlets for displaying dollar cash through the government banking system, with an increase in the allocation for one traveler to 5 thousand instead of 3 thousand dollars, up to 10 thousand dollars, represent a correct option to achieve stability in the exchange market,” according to the news agency. official.

And he continued, “In addition to this, strengthening credit cards by raising the exchange rate of the dinar when paying through them with an increase in withdrawal ceilings in them, and it constitutes a correct move as well in one of the applications of direct positive intervention in the exchange market on the part of the monetary authority, to generate actual competition between sellers of currency in the secondary market.” exchange to be stable within the scope of the central exchange rate of the dinar.

He pointed out that “the procedures followed provide the cash dollar through available, fair and equal opportunities for the beneficiaries, and make it available directly to the groups that need it for the purposes of travel and treatment outside the country.”

He added, “This trend in the policies of intervention in the exchange market is a positive expansion in transforming the dollar cash market into a flexible market that enjoys a high degree of competitiveness, governance and discipline at the same time,” noting that “the monetary policy of the Central Bank of Iraq and within the duties of its intervention in the market.” Exchange by providing an adequate and appropriate supply of foreign currency notes that it is a constant and continuous policy in providing other additional options in providing foreign currency supply, which will continuously contribute to the stability of the exchange market.

And the Prime Minister’s advisor pointed out that “this expansion ensures at the same time maintaining the stability of the general level of prices, which is the lofty goal of monetary policy in the country.”

Al-Rafidian, Al-Rasheed, and Al-Sanaei banks announced that non-national citizens would include their salaries on the bank and those wishing to travel outside Iraq by buying dollar currency.

https://www.mawazin.net/Details.aspx?jimare=214976