INTERPOL reveals details of Iraqi money recovery

political| 11:19 – 22/02/2023

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Baghdad – Mawazine News
The Arab and International Police (Interpol) revealed their intention to issue a silver leaflet for the recovery of Iraqi funds.
“Interpol will issue a silver leaflet for money recovery,” said the director of the Arab and International Police (Interpol), General Al-Abadi, noting that “Interpol’s silver bulletin will be binding on all countries.”
He explained that “the silver bulletin on the recovery of funds will be issued in the coming days,” pointing out that “Interpol has recovered 182 wanted by the Iraqi judiciary during the past years.”
“We have handed over 62 detainees to Interpol in the past years,” he continued. Finished29/h

https://www.mawazin.net/Details.aspx?jimare=220071

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Finance: Iraq looks forward to more World Bank support to implement national strategic goals

money and business

   


Economy News – Baghdad

Finance Minister Tayf Sami confirmed on Wednesday that Iraq looks forward to more support from the World Bank Group to implement national strategic goals in addition to the structural reform programs adopted by the new Iraqi government.

The Ministry of Finance said in a statement that “Minister of Finance Taif Sami Mohammed received, on Wednesday, the delegation of the International Finance Corporation for the Middle East and Asia region of the World Bank Group, headed by investment official Julie Kalos and the resident representative of the Foundation in Iraq Bilal Rabah, and in the presence of the Director General of the Iraqi Fund

According to the statement, “the importance of the role played by the International Finance Corporation along with the Iraqi government in advancing sustainable development projects in Iraq, including supporting renewable energy projects and electricity connectivity with neighboring countries, and enhancing opportunities to involve the private sector alongside the public in the implementation of the reform national economy strategy,” was discussed.

Sami stressed “the importance of studies and consultations provided by the International Finance Corporation in the field of capacity building and technical cooperation to achieve the sustainable development goals, especially with regard to environmental rehabilitation projects, reconstruction of liberated cities and economic reform,” stressing “the keenness of the Ministry of Finance to enhance the process of work and coordinate with the International Finance Corporation to stimulate the growth of the private sector

She added that “Iraq looks forward to the World Bank Group’s further support for the implementation of national strategic objectives in addition to the structural reform programs adopted by the new Iraqi government,” calling for “strengthening cooperation and coordination between Iraq and the World Bank and providing the necessary assistance to overcome the obstacles facing the institution’s work in Iraq.”

https://economy-news.net/content.php?id=32603

Saturday starts. Twilight News is unique in publishing the details of the 34th Conference of Arab Parliaments in Baghdad

PoliticiansIraqThe Arab Parliament

2023-02-22 14:40Font

Twilight News / Shafaq News Agency is unique in publishing the details of the 34th conference of the Arab Parliamentary Union and the accompanying committees with the participation of the heads of councils and parliaments of the Arab member states of the Union.

The conference, which will be hosted in the Iraqi capital Baghdad, will start next Saturday.

Iraq chaired the Arab Parliamentary Union on January 15, 2023, and the Speaker of the House of Representatives, Mohammed Halbousi, was appointed President of the Union as of January 9.

A source familiar with Shafaq News Agency said that “the heads of parliaments, councils, heads of delegations and observers will arrive in Iraq next Friday and hold a consultative meeting before the start of the conference.”

The opening session will be, according to the source, in (Baghdad Hall – Government Palace) and includes the speech of Mohammed Halbousi, President of the Conference, Speaker of the House of Representatives of the Republic of Iraq, and the speech of Ahmed bin Salman Al-Muslim, President of the Arab Parliamentary Union, Chairman of the House of Representatives of the Kingdom of Bahrain, in

The source continued, “The Vice President of the Conference and the Secretary of the Conference will be appointed by the President in accordance with the provisions of Article (10) of the rules of Procedure of the Arab Parliamentary Union, after which the committees will be formed.”

The first working session will be according to the same source in (Baghdad Hall – Government Palace), during which the agenda, the report of the President, the report of the Secretary-General, and the reports of the 29-30-31 sessions of the Executive Committee of the Arab Parliamentary Union for approval, in addition to the statements of heads of parliaments, councils and heads of delegations.

The source added that “Saturday afternoon will be dedicated to committee meetings, while the third working session will be held in the Baghdad Hall – the Government Palace on Sunday, and includes the completion of the speeches of heads of parliaments, councils and heads of delegations, in addition to the meeting of the drafting committee to prepare the final statement after it is formed.”

The closing session will be held in Baghdad Hall – the government palace on Sunday evening, according to the source.

https://shafaq.com/ar/سیاسة/يبد-السبت-شفق-نيوز-تنفرد-بنشر-تفاصيل-الم-تمر-الـ34-للبرلمانات-العربية-في-بغداد

Disclosure of the government’s vision of dollar exchange rate procedures

  • Time : 2023/02/22 18:22:00
  • Read: 2,743 times
Disclosure of the government's vision of dollar exchange rate procedures

  

{Policy: Al-Furat News} Prime Minister’s Advisor, Zia Al-Nasiri, announced on Wednesday the government’s vision of the recent measures for the dollar exchange rate.

“The economic team with Prime Minister Mohammed Shiaa al-Sudani is ceive that the measures will help stabilize the exchange rate significantly,” Nasiri told Al-Furat News.
“I trust the prime minister and his ability to find treatments despite the difficult situation and the large number of speculators,” Nasseri added.
The recent decision of the Council of Ministers on setting the price of one dollar at {1300} dinars in the federal budget for the year 2023 led to a rapid collapse in the exchange rate after exchange rates exceeded the barrier of 1,650 dinars to the dollar, which led to increased turmoil in local markets and their recession; as a result of the rise in the prices of goods and
Earlier today, the Iraqi Council of Ministers approved the decision of the Board of Directors of the Central Bank to amend the exchange rate of the dollar against the dinar, equivalent to 1300 dinars to the dollar.
For his part, the adviser to the Iraqi Prime Minister, Fadi Al-Shammari, considered the decision to adjust the exchange rate as “an achievement of a promising economy and sustainable development.”
Al-Shammari stated that “the Council of Ministers approved the decision of the Board of Directors of the Central Bank of Iraq to amend the exchange rate of the dollar against the dinar, equivalent to 1300 dinars to the dollar.”
Since the beginning of this year, the government and the central bank have taken a package of measures to increase the supply of the dollar in the domestic market, a decision that partially succeeded in resolving the crisis, but exchange rates have remained low.
The crisis dates back to December 2020, when the government of former Prime Minister Mustafa Al-Kazemi announced the change in the dollar exchange rate from 1,117 dinars per dollar, to 1,450 dinars, due to the decline in global oil prices.
In early 2022, as oil prices re-rising on the world market, the government rejected calls to restore the dinar price to what it was.
The first repercussions of the dollar crisis were the dismissal of the Governor of the Central Bank of Iraq Mustafa Ghaleb, scary last Monday by order of Prime Minister Mohammed Shiaa Al-Sudani, who assigned the former governor of the bank Ali Al-Alaq as an agency.
Al-Sudani commented on the changes by saying that “the departments assigned to the Central Bank and the Trade Bank of Iraq have skills and will work to reduce the rise in exchange rates.”

From: Raghad Daham

https://alforatnews.iq/news/الافصاح-عن-رؤية-الحكومة-بإجراءات-سعر-صرف-الدولار

A delegation from the World Bank discusses in Iraq supporting electricity interconnection projects with neighboring countries

EconomyThe Ministry Of FinanceThe World BankProjectsElectrical Connection

2023-02-22 11:21Font

Twilight News / The Iraqi Minister of Finance confirmed on Wednesday the strengthening of cooperation with the World Bank and supporting the implementation of strategic objectives and structural reforms implemented by the Iraqi government, while the ministry’s keenness to stimulate the private sector in cooperation with one of the bank’s institutions.

The Ministry of Finance said in a statement received by Shafaq News that Minister Taif Sami Mohammed received, today, a delegation from the International Finance Corporation for the Middle East and Asia (IFC), affiliated with the World Bank Group, headed by investment officer Julie Callos and Bilal Rabah, the Foundation’s resident representative in Iraq, and in the presence of the Director

The statement added that “the importance of the role played by the International Finance Corporation along with the Iraqi government in advancing sustainable development projects in Iraq, including supporting renewable energy projects and electricity connectivity with neighboring countries, and enhancing opportunities to involve the private sector as well as the public in the implementation of the reform strategy of the national economy,” was discussed.

The minister stressed “the importance of studies and consultations provided by the International Finance Corporation in the field of capacity building and professional cooperation to achieve the sustainable development goals, especially with regard to environmental rehabilitation projects, reconstruction of liberated cities and economic reform,” stressing “the keenness of the Ministry of Finance to enhance the work process and coordinate with the International Finance Corporation to stimulate the growth of the private sector and

The minister added that “Iraq looks forward to the World Bank Group’s further support for the implementation of national strategic objectives in addition to the structural reform programs adopted by the new Iraqi government,” calling for “strengthening cooperation and coordination between Iraq and the World Bank and providing the necessary assistance to overcome the obstacles facing the Foundation’s work in Iraq.”

https://shafaq.com/ar/اقتصـاد/وفد-من-البنك-الدولي-يبحث-في-العراق-دعم-مشاريع-الربط-الكهربا-ي-مع-دول-الجوار

Khazali And Plaschaert Stress The Need To Stand United To Overcome Political And Economic Obstacles

22/02/2023

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Earth News / The Secretary-General of the Asaib Ahl al-Haq Movement Qais Al-Khazali and the representative of the United Nations, Jeanine Blanchaart, stressed on Wednesday the need to stand united to overcome political and economic obstacles.
A statement by the Khazali office and Ward to Earth News Agency said that “during the meeting, they discussed the most important political developments and the latest developments in Iraqi and regional political affairs and the role of the UN organization in supporting Iraq to overcome the challenges experienced by the Iraqi political process.”
Al-Khazali stressed, according to the statement, “the importance of supporting the government in implementing its program to achieve the desired aspirations,” stressing the need to “provide services as an optimal and shorter way to restore citizen confidence in his political system.”

The statement continued, “The two sides stressed the need to give attention and support to the people of Sinjar and find adequate treatments for the return of their people by providing the necessary infrastructure and services for that.”

The statement explained that “at the end of the meeting, the two sides stressed the need for all parties to stand united to overcome the political and economic obstacles experienced by this government and to give priority to the public interest over factional interests to promote a political, economic and service reality in the interest of the Iraqi citizen.”

https://earthiq.news/archives/201384

MoI announces a breakthrough in the issuance of passports and the arrival of 3 million copies of the national card

money and business

   


Economy News-Baghdad

The Directorate of Civil Status, Passports and Residence, in the Ministry of Interior, announced on Wednesday the reasons for the delay in the issuance of ordinary passports, while noting the receipt of 3 million copies of the national card from the equipped entity.

The Director General of Civil Status, Passports and Residence, Major General Riad Al-Kaabi, said in a statement: “The Ministry of Interior is keen to move to issue the electronic passport approved in all countries of the world, which has positive returns on the Iraqi citizen while traveling abroad.”

He continued, “The preparations implemented in the Civil Status Directorate to complete the e-passport caused an implicit delay in the issuance of the ordinary passport to citizens, which led to a doubling of the number of pilgrims in the Umrah season as well as causing great pressure on passport offices.”

Al-Kaabi explained that “the Passport Directorate is working at its best capacity to overcome this delay,” stressing that “the arrival of new quantities from the equipped authority in Iraq, amounting to 50,000 new passports out of one million passports, which were requested, which will accelerate the issue of easing momentum and completing citizens’ transactions, in conjunction with the continuation of work to grant

On the issue of issuing the national card, he stated that “issuance operations are proceeding smoothly after the arrival of three million copies from the equipped authority and pending the arrival of another ten million cards that will be equipped with one million to one hundred and fifty thousand copies of cards per month.”

Major General Al-Kaabi called on citizens to “support the work of the Directorate of Civil Status, Passports and Residence and cooperate in order to improve the service provided to them, and this represents the first concern of the Ministry of Interior.”


https://economy-news.net/content.php?id=32593

Al-Nusairi: The Central Bank’s electronic platform for external transfer is the beginning of the solution for banking reform and exchange rate stability

money and business

   


Economy News _ Baghdad

Samir Al-Nusairi, Advisor to the Association of Iraqi Private Banks, confirmed that the Central Bank’s electronic platform for external transfer is the beginning of the solution for banking reform and that placing the gap between the official and parallel exchange rate actually begins to apply the instructions and controls of the external transfer platform, which was issued yesterday by the Central Bank of Iraq, which

Al-Nusairi said in an interview with “Economy News”, that the instructions aim to enhance the role of the banking system and non-banking financial institutions in securing foreign currency to the final beneficiaries and controlling its movement internally and externally, leading to controlling and maintaining the stability of the exchange rate and complying with the requirements of the Anti-Money Laundering and Financing of Terrorism Law No. 39 of 2015, which included access controls for the platform, transactions and the entities allowed to be financed by law, and the procedures and obligations of banks that enter this platform, mechanisms, balloons, facilities and expanding coverage, in order to allow the financing of all economic, commercial and investment activities and achieve legal interests of financing citizens in dollars in dollars in sale, buying, treatment, study and travel.
He explained that the application of access controls to the platform for the year 2023 confirms that Iraq is strictly committed to international standards to ensure that the dollar reaches the final beneficiary and preserves Iraq’s foreign currency funds from illegal behavior and abide by international compliance rules and international standards to be adopted within the global financial system, as well as adhering to the decisions of the international community related to international banking transactions
He pointed out that the Central Bank of Iraq mainly aims to achieve economic stability by stabilizing the monetary and financial system through its programs and plans aimed at maintaining stability in the exchange of dinars against other foreign currencies, provided that the fiscal policy is combined with it, which must observe financial discipline, in addition to combating economic crime and activities that violate local and international laws in force, such as financial crimes of all kinds, in addition to building sufficient foreign monetary reserves to cover our local currency in circulation and controlling stable rates of inflation and interest rates.
Al-Nusairi urged the Iraqi media to be accurate and non-extreme economic and non-extreme analysis of the reality of monetary stability in Iraq, so that expectations of media intimidation and creating a state of fear are not taken among the public and the banking sector.

He pointed out that through a insightful view of the state of the money trading market, from a neutral and transparent point of view, the plan and balanced financing procedures and initiatives of the Central Bank, and to provide foreign cash reserves at more than 100 billion dollars on average and for determining its efficiency to cover the cash mass in circulation and to cover imports. The Central Bank will make extraordinary efforts in accordance with monetary policy applications and will maintain the real purchasing value of the dinar and its recovery and the stability of exchange rate targets in the near term.


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Added 2023/02/22 – 11:56 AM

https://economy-news.net/content.php?id=32588

Halabousi and the US ambassador discuss the results of the visit of the Iraqi delegation to Washington

political| 12:36 – 22/02/2023

image

Baghdad – Mawazine News
Speaker of the House of Representatives Mohammed Halbousi received, on Wednesday, the Ambassador of the United States of America to Iraq, Alina Romanowski.

Al-Halbousi’s office said in a statement received by Mawazine News that “the meeting discussed the results of the recent visit of the official Iraqi delegation to Washington, and the next steps to strengthen the partnership between the two countries in various fields, including economic and security.”

“The meeting also discussed the general situation in the country, and a number of topics of common interest,” the statement added.

https://www.mawazin.net/Details.aspx?jimare=220006

The Kurdistan Regional Government launches the work of the first e-visa portal

Kurdistan WomenKurdistan RegionBreakingThe Government

2023-02-22 04:19Font

Twilight News / The President of the Kurdistan Regional Government, Masrour Barzani, inaugurated on Wednesday the work of the first portal for issuing the e-visa, which is part of the government’s action program in the electronic transformation of public services and the digitization of government services, which is scheduled to be completed in late 2025.

On this occasion, the Prime Minister said in a speech: The technology and data of these services will facilitate the provision of more digital services, paving the way for the renovation of our airports and border crossings, in addition to contributing to opening new trade horizons with our international partners.

The Prime Minister pointed out that the e-Visa is one of several other services for this ministerial formation, and aims to improve public services and strengthen business in Kurdistan, indicating that some of these services will be announced in the coming months.

The Prime Minister also praised the Ministry of Interior and the Information Technology Department for placing digital services at the center of their priorities for their work, as well as their commitment to the e-transformation program.

The new portal (visit.gov.krd) allows visitors and investors to apply for visas online, which will help boost tourism and foreign investment in the Kurdistan Region.

In addition to the e-visa portal, several other systems have been developed to improve border security.

https://shafaq.com/ar/كوردســتانيات/حكومة-قليم-كوردستان-تدشن-عمل-ول-بوابة-للت-شيرة-ال-لكترونية