Sudan to Germany next week: We will put forward ideas for economic partnerships

PoliticianBreakingGermanyMohammed Shiaa Al-Sudani

2023-01-10 12:39Font

Twilight News / Iraqi Prime Minister Mohammad Shiaa al-Sudani is scheduled to visit Germany on Wednesday next week at the invitation of Chancellor Olaf Schultz.

“We will visit Germany on Wednesday next week at the invitation of Counselor Olaf Schultz, stressing that we will be keen through the visit to enhance the prospects for cooperation and economic partnership and address climate change,” Al-Sudani said in press statements, seen by Shafaq News.

“We will discuss gas investment and strengthen the presence of German investment companies in Iraq,” he added, noting that “we will put forward ideas to achieve economic partnerships to make Iraq a meeting point for the countries of the region in accordance with the common interests of all.”

Al-Sudani pointed out that “Iraq is keen to provide the appropriate conditions for the return of any Iraqi citizen in Germany or any other country,” pointing out that “security and stability are achieved in Iraq and we seek to impose the rule of law and provide conditions of decent living and social justice for all citizens.”

Al-Sudani stressed that “the Iraqi government has developed economic plans that address unemployment, provide jobs and improve services,” pointing out at the same time that “the Russian-Ukrainian war led to a rise in food prices globally and affected Iraq clearly.”

On the second of this month, Al-Sudani received an official invitation to visit Germany, during his meeting with the Ambassador of the Federal Republic of Germany to Iraq, Martin Yeiger, who handed Al-Sudani an official invitation from the German Chancellor to visit Berlin, where Al-Sudani expressed his thanks for the invitation and promised to meet it at the earliest

https://shafaq.com/ar/سیاسة/السوداني-لى-لمانيا-ال-سبوع-المقبل

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Sudan to Germany next week: We will put forward ideas for economic partnerships

PoliticianBreakingGermanyMohammed Shiaa Al-Sudani

2023-01-10 12:39Font

Twilight News / Iraqi Prime Minister Mohammad Shiaa al-Sudani is scheduled to visit Germany on Wednesday next week at the invitation of Chancellor Olaf Schultz.

“We will visit Germany on Wednesday next week at the invitation of Counselor Olaf Schultz, stressing that we will be keen through the visit to enhance the prospects for cooperation and economic partnership and address climate change,” Al-Sudani said in press statements, seen by Shafaq News.

“We will discuss gas investment and strengthen the presence of German investment companies in Iraq,” he added, noting that “we will put forward ideas to achieve economic partnerships to make Iraq a meeting point for the countries of the region in accordance with the common interests of all.”

Al-Sudani pointed out that “Iraq is keen to provide the appropriate conditions for the return of any Iraqi citizen in Germany or any other country,” pointing out that “security and stability are achieved in Iraq and we seek to impose the rule of law and provide conditions of decent living and social justice for all citizens.”

Al-Sudani stressed that “the Iraqi government has developed economic plans that address unemployment, provide jobs and improve services,” pointing out at the same time that “the Russian-Ukrainian war led to a rise in food prices globally and affected Iraq clearly.”

On the second of this month, Al-Sudani received an official invitation to visit Germany, during his meeting with the Ambassador of the Federal Republic of Germany to Iraq, Martin Yeiger, who handed Al-Sudani an official invitation from the German Chancellor to visit Berlin, where Al-Sudani expressed his thanks for the invitation and promised to meet it at the earliest

https://shafaq.com/ar/سیاسة/السوداني-لى-لمانيا-ال-سبوع-المقبل

Sudanese advisor: The stability of the dollar exchange rate requires a “diplomatic effort”

economy |Today, 18:48 |

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Baghdad today – Baghdad

Today, Tuesday, the financial and economic advisor to the Prime Minister, Mazhar Muhammad Salih, said that the stability of the exchange rate of the dollar against the Iraqi dinar in the local market requires a “diplomatic effort.”

Saleh said, to (Baghdad Today), that “international compliance restrictions in foreign currency requests for private banks and merchants through the window of the Central Bank of Iraq, pushed to reduce the sale of currency during the past days, and this matter prompted a temporary excess demand for foreign exchange, which had A direct impact on the issue of raising the exchange rate in the local market.

He added, “The issue of controlling the stability of the exchange rate of the dollar against the Iraqi dinar in the local market requires a diplomatic effort in order to obtain flexibility regarding the international constraint, especially since there is a strategic framework agreement between Iraq and the United States, the essential basis for regulating the economic interests between the two countries, and in a way that contributes to Iraq’s interest.

Dollar exchange rates rose to the threshold of 160,000 dinars for every $100, despite government pledges to move to restore the exchange rate to its original price. 145 thousand dinars for every 100 dollars.

https://baghdadtoday.news/209861-%D9%85%D8%B3%D8%AA%D8%B4%D8%A7%D8%B1-%D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A-%D8%A7%D8%B3%D8%AA%D9%82%D8%B1%D8%A7%D8%B1-%D8%B3%D8%B9%D8%B1-%D8%B5%D8%B1%D9%81-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%8A%D8%AD%D8%AA%D8%A7%D8%AC-%D9%84%D9%80%D8%AC%D9%87%D8%AF-%D8%AF%D8%A8%D9%84%D9%88%D9%85%D8%A7%D8%B3%D9%8A.html

After the end of its legislative recess.. When will Parliament reconvene its sessions?

policy |Today, 17:57 |

    

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Baghdad today – Baghdad

Today, Tuesday, the representative of the coordinating framework, Aref Al-Hamami, revealed the date for the resumption of the sessions of the Iraqi Parliament.

Al-Hamami told (Baghdad Today) that “the Iraqi parliament ended its constitutional and legislative recess two days ago, and it will reconvene its sessions with a new legislative term during the next week, as a maximum Sunday.”

And he indicated that “until now, the Presidency of the House of Representatives has not set a date for the next session, which will be the beginning of the legislative term, and the call for the resumption of sessions may take place during the next two days, and the first session of the new legislative term will be at the beginning of next week.”

Parliament is awaiting discussion and approval of several laws, the most important of which is the 2023 budget, which is expected to be passed to Parliament within the second month of this year.

https://baghdadtoday.news/209859-%D8%A8%D8%B9%D8%AF-%D8%A7%D9%86%D8%AA%D9%87%D8%A7%D8%A1-%D8%B9%D8%B7%D9%84%D8%AA%D9%87-%D8%A7%D9%84%D8%AA%D8%B4%D8%B1%D9%8A%D8%B9%D9%8A%D8%A9.-%D9%85%D8%AA%D9%89-%D9%8A%D8%B9%D8%A7%D9%88%D8%AF-%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D8%B9%D9%82%D8%AF-%D8%AC%D9%84%D8%B3%D8%A7%D8%AA%D9%87%D8%9F.html

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The President of the Republic receives the British Ambassador to Iraq

political| 03:33 – 10/01/2023

Baghdad – Mawazine News
, the President of the Republic, Abdul Latif Rashid, stressed today, Tuesday, the continuation of the effort to permanently turn the page on the displaced.

The Presidency of the Republic said in a statement, a copy of which Mawazine News received, that “President of the Republic Abdul Latif Jamal Rashid received, today, at the Baghdad Palace, the British Ambassador to Iraq Mark Bryson Richardson,” noting that “the president spoke during the meeting about his visit to my province Basra and Nineveh to see their situation in terms of security and services and to follow up on the achievements made in developing their infrastructure, universities, courts, roads and bridges.

He stressed that “the approach followed by the government to ensure the continuation and strengthening of security and economic improvement, because of its importance in supporting investments and the private sector, as well as enacting legislation and providing the required facilities, in a way that helps develop infrastructure and provide the necessary services to citizens,” pointing to “the need for continued effort from In order to create appropriate conditions for the return of the displaced to their areas and to close this page once and for all, as soon as possible, due to the poor conditions in which they live.

For his part, the British ambassador affirmed his country’s commitment to support the security and stability of Iraq, and the aspiration to strengthen relations of cooperation and friendship in various fields, and to support economic and social development, construction and reconstruction. Ended 29 / m 99

https://www.mawazin.net/Details.aspx?jimare=216326

The central bank governor urges merchants to deal directly with banks

Economie| 03:17 – 10/01/2023

Baghdad – Mawazine News
, Governor of the Central Bank, Mustafa Makhaif, called today, Tuesday, on merchants to deal directly with banks.

A statement by the bank’s media office, a copy of which Mawazine News received, stated that “Makhaif and the advanced staff at the Central Bank received a number of merchants.”

The statement stated that “during the meeting, they discussed the most important concerns and proposals of merchants and the most important challenges they face in dealing with authorized banks, wishing them to avoid resorting to brokers and speculators, and to deal directly with banks that provide various banking services.”

And the statement continued, “The governor of the Central Bank provided an explanation of the procedures and decisions of the Central Bank of Iraq during the past days to enhance stability in the foreign currency market and the mechanisms of the electronic platform’s work as a tool for external transfer.”

And the Central Bank of Iraq confirmed, at the end of last month, that merchants should review banks directly and not resort to brokers and speculators to avoid charging their imports with undue commissions and expenses, noting what was issued by the Council of Ministers in its decision No. (351) for the year 2022 regarding non-payment of customs duties and amounts of tax secretariats. In advance, as this will reduce redundant rings, ease procedures, and remove costs resulting from pre-demarcation problems.

He also stressed that the Central Bank continues to work to simplify external transfer procedures through official channels and at the official exchange rate for merchants, in light of the launch of the electronic platform for external transfer at the beginning of this year. He called on other competent government agencies to facilitate merchants’ procedures to ensure full disclosure of all transactions and ensure their safety. Ended 29/M99

https://www.mawazin.net/Details.aspx?jimare=216324

Government movement to complete the requirements for Iraq’s accession to the World Trade Organization

money and business

   

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Economy News – Baghdad

The Ministry of Commerce on Wednesday detailed its plan to complete the requirements for Iraq’s accession to the World Trade Organization.

The media center in the ministry told the official news agency that “the committee on Iraq’s accession to the World Trade Organization, headed by the Minister of Commerce and the membership of representatives of ministries and bodies as well as representatives from the private sector, is working to complete the requirements of Iraq’s accession to the organization.”

He explained that “the ministry’s plan during the current year includes the completion of technical accession files in terms of goods, services and intellectual property, in addition to harmonizing legislation and laws with the agreements of the multilateral organization.”

He pointed out that “the plan includes holding official meetings at the organization in Geneva, and to have high coordination with member states that carry an economic weight in the organization to mobilize support, accelerate accession procedures and make Iraq an active member and a partner in making economic decisions and formulating trade policies that enhance Iraq’s integration into the global economy.”

He pointed out that “the Minister of Commerce confirmed – within the prepared plan – the preparation of the Iraqi negotiating team, which will conduct negotiating rounds with the member states of the organization by strengthening the negotiating capabilities of members and benefiting from the experiences of countries.”

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Views 330

Added 2023/01/04 – 3:56 PM

Updated 2023/01/10 – 2:50 PM

https://economy-news.net/content.php?id=31703

Iraq is the fourth Arab world with gold reserves.

Arabic and international

   

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Economy News – Baghdad

Saudi Arabia continued to top the list of the largest Arab countries holding gold reserves, based on the first report issued in 2023 by the World Gold Council.

The following table shows, according to figures released by the World Gold Council, the ranking of the largest Arab countries holding gold reserves:

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Views 25

Added 2023/01/10 – 2:06 PM

https://economy-news.net/content.php?id=31803

Advisor to the Prime Minister: Draft budget 2023 is complete and submitted to parliament by the end of the month

• Time : 2023/01/10 14:06:09
• Read : 351 times

  

{Economic: Euphrates News} The Prime Minister’s Advisor for Economic Affairs, Mazhar Mohammed Saleh, expected that the draft general budget for 2023 will be submitted to the House of Representatives at the end of January.

Similarly, Saleh said in a press statement on Tuesday that “according to my general information, the draft budget for 2023 has become almost over,” noting that “there is a desire on the part of the government and the House of Representatives after the end of the legislative term and the re-work of the House of Representatives to work on the budget.”
 
He explained that “the first law that will receive priority, according to my vision after the re-work of the House of Representatives, is the draft general budget law of 2023,” expecting that “the law will be submitted to the House of Representatives at the end of January, after the Council begins its work next week.”
 
The House of Representatives is awaiting the arrival of the Iraqi Budget Bill 2023 from the government.

It is noteworthy that a member of the Parliamentary Finance Committee, Moeen Al-Kazemi, announced yesterday that the Ministry of Finance has completed the draft budget 2023 and transferred it with both its operational and investment to the Council of Ministers for voting.
He pointed out that “the budget is estimated at 140 trillion dinars, or 80 trillion for operation and 60 trillion for investment,” pointing out that “the Finance Committee will study the budget if it reaches parliament early next week and is expected to be approved by the end of next month.”

https://alforatnews.iq/news/مستشار-رئيس-الوزراء-مسودة-موازنة-2023-شبة-مكتملة-وتقديمها-للبرلمان-نهاية-الشهر