Al-Sudani and the Director of Arab Monetary discuss Iraq’s involvement in the international financial system

  • Time: 02/26/2023 20:35:11
  • Read: 1,508 times
Al-Sudani and the Director of Arab Monetary discuss Iraq's involvement in the international financial system

{Economic: Al Furat News} Prime Minister Muhammad Shia Al-Sudani received today, Sunday, the Director General of the Arab Monetary Fund, Abdul Rahman Al-Hamidi.

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The Prime Minister’s Office said in a statement, of which Euphrates News Agency received a copy, that “during the meeting, they discussed mechanisms for joint cooperation in the field of supporting financial and banking policies and building human capacities, and discussing Iraq’s steps to engage with the international financial system, and the most prominent measures and reforms that the government is taking in this field.” The banking and financial sector, thus contributing to the promotion of economic development in Iraq.

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Baghdad and Washington discuss activating joint committees regarding the strategic framework agreement

politics

2023-02-26 | 12:18

Baghdad and Washington discuss activating joint committees regarding the strategic framework agreement

904 views

The First Deputy Speaker of the House of Representatives, Mohsen Al-Mandalawi, discussed on Sunday, with the Ambassador of the United States of America to Iraq, Alina Romanowski, activating the joint committees regarding the strategic framework agreement.

A statement by the Mandalawi office, and a response toAlsumaria NewsThe latter “received in his office today, the Ambassador of the United States of America toIraqAlina Romanowski; to discuss a number of political and economic files and topics of common interest between the two countries related to the development of economic relations, especially the energy file, as well as cultural and educational cooperation between the two countries.

Al-Mandalawi stressed, “the importance of supporting the work of American companies operating in‍IraqAs well as wishing to obtain new investment opportunities,” he called for “activating the work of the joint committees within the strategic framework agreement, especially in the economic and financial fields, and continuing joint work to serve the interest of the two countries.”

https://www.alsumaria.tv/news/سياسة/448713/بغداد-وواشنطن-تبحثان-تفعيل-اللجان-المشتركة-بخصوص-ا

The Industrial Bank announces the direct sale of dollars to citizens for travel purposes

economy| 10:33 – 26/02/2023

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Baghdad – Mawazine News
The Industrial Bank announced on Sunday the start of selling dollars to citizens for travel purposes.

The bank’s media said in a statement received by Mawazine News that “the bank began selling dollars to citizens for travel purposes in all its branches and offices in Baghdad and the provinces.”

He added, “The sale will be through the electronic payment card (MasterCard) issued by the bank exclusively and not more than (10000 dollars) per person per month, and according to the official exchange rate approved by the Central Bank of Iraq.” Finished 29/n33

https://www.mawazin.net/Details.aspx?jimare=220348

Finance: IFMIS will contribute to improving account control and not exceeding budget appropriations

economy| 02:34 – 26/02/2023

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Baghdad – Mawazine News
The Ministry of Finance announced on Sunday that the draft IFMIS modernization system will provide several advantages, including improving account control and not exceeding budget appropriations.

A statement from the ministry received by Mawazine News said that “Minister of Finance, Taif Sami Mohammed, chaired the coordination meeting with the Steering Committee for the implementation of the project of modernization of public financial management systems.”

The statement pointed out that “the meeting was attended by the representative of the World Bank Salam Maarouf and the representative of the consulting company AARC responsible for preparing tender documents for the purchase of the system requirements, in the presence of the directors of the budget, accounting, legal, administrative and information technology departments in the ministry.”

He added that “during the meeting, the presentation made by the consulting company on the preliminary selection document to be published was heard in order to attract sober companies to implement the draft system, which in turn will contribute to increasing the speed of electronic communication of the Ministry of Finance with other ministries and institutions, improving the process of controlling financial accounts and not exceeding the financial appropriations prescribed by the budget

He continued, “The new system also provides a secure and integrated information environment for financial management operations in a way that allows a secure transfer of information between ministries and government departments, and provides an integrated environment in which information is available in real time and accurately to all concerned parties at different geographical locations.” Finished

https://www.mawazin.net/Details.aspx?jimare=220378

Parliament affirms its support for activating joint committees between Iraq and America

political| 08:19 – 26/02/2023

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Baghdad – Mawazine News
First Deputy Speaker of the House of Representatives Mohsen Al-Mandalawi confirmed on Sunday support for activating joint committees with the United States regarding the strategic framework agreement.

The media office of the First Deputy Speaker of the House of Representatives said in a statement that “Mawazin News” received a copy of it that “Al-Mandalawy received, in his office today, the Ambassador of the United States of America to Iraq, Alina Romanowski, and during the meeting, a number of political and economic files and topics of common interest between the two countries related to the development of economic relations, especially the energy file, as well as cultural and educational cooperation between the two countries.”

Al-Mandalawi stressed, according to the statement, “the importance of supporting the work of American companies operating in Iraq as well as wishing to obtain new investment opportunities.”

He called for “activating the work of the joint committees within the strategic framework agreement, especially in the economic and financial fields, and continuing joint work in the interest of the two countries.” Finished

https://www.mawazin.net/Details.aspx?jimare=220405

Al-Sudani and Al-Humaidi discuss mechanisms of joint cooperation in the field of supporting financial and banking policies

political| 08:34 – 26/02/2023

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Baghdad – Mawazine News
Prime Minister Mohammed Shiaa Al-Sudani discussed on Sunday with the Director General of the Arab Monetary Fund, Abdul Rahman Al-Humaidi, mechanisms of joint cooperation in the field of supporting fiscal and banking policies.

The Prime Minister’s Information Office said in a statement, received by Mawazine News, a copy of it, that “Sudani received the Director General of the International Monetary Fund Abdul Rahman Al-Humaidi to discuss mechanisms of joint cooperation in the field of supporting fiscal and banking policies and building human capacities.”

The statement added that the meeting discussed Iraq’s steps in engaging in the international financial system, and highlighted the measures and reforms being carried out by the government in the field of banking and financial sector, thus contributing to enhancing economic development in Iraq. Finished 29/m99

https://www.mawazin.net/Details.aspx?jimare=220406

The Kurdistan Regional Government announces reaching a preliminary agreement with Baghdad on the draft budget law

EconomyKurdistan RegionBreakingThe Budget Law

2023-02-26 11:38Font

Twilight News / The head of the Court of the Council of Ministers of the Kurdistan Region, Omid Sabah, announced on Sunday that a preliminary agreement was reached with the federal government on the draft budget law 2023.

Sabah said, in a statement received by Shafaq News, that “the delegation of the Kurdistan Regional Government met today in Baghdad, with the Prime Minister of the Federal Government, Mohammed Shiaa Al-Sudani.”

He added that “after discussing the outstanding files between Erbil and Baghdad, a preliminary agreement was reached on the Maronite draft law 2023,” noting that “the atmosphere was positive between the two parties.”

For two months, Kurdish delegations have been conducting shuttle visits to Baghdad to negotiate outstanding issues between the center and the Kurdistan Region, during which they met with the parties concerned with budget files, the oil and gas law, and border crossings.

The delegation of the Kurdistan Regional Government negotiating returned to Erbil last Tuesday, after conducting a two-day visit to Baghdad with the aim of resolving differences and outstanding issues between the two sides, on outstanding files, most notably the oil and gas law and the 2023 budget.

The Iraqi government revealed, two weeks ago, that the Ministry of Finance had initiated the preparation of the general budget for 2023 according to the new exchange rate (130) thousand dinars per 100 dollars.

https://shafaq.com/ar/اقتصـاد/حكومة-قليم-كوردستان-تعلن-الوصول-لاتفاق-مبد-ي-مع-بغداد-حول-مشروع-قانون-الموازنة

Rashid and Romanowski discuss the Iraqi water file and the upcoming New York conference

2023-02-26 08:50Font

Twilight News / The President of the Republic, Abdullatif Rashid, stressed on Sunday the importance of enhancing cooperation, coordination and consultation between the United States and Iraq on issues of common interest.

This came during a meeting of the President of the Republic, at the Baghdad Palace, the US Ambassador to Iraq, Alina Romanovsky, according to a statement received by Twilight News Agency.

Rashid pointed out, according to the statement, the importance of “the New York Water Conference adopting radical treatments for the water file and climate change, as Iraq is one of the countries most affected by water scarcity and drought,” stressing that “stability witnessed by Iraqi cities would contribute to encouraging investments and improving the pension and service reality for Iraqis.”

The Iraqi president touched on the file of displaced people, referring to the tragic situation experienced by displaced families, calling on international organizations to “make more efforts to secure the return of the displaced and provide them with the appropriate atmosphere.”

Rashid noted that “the Iraqi government pays attention to consolidating security and stability, curbing corruption, rehabilitating infrastructure and providing a decent life for citizens,” praising at the same time “the efforts of the United States in supporting Iraq in its war against terrorism and extremism.”

For her part, the US ambassador renewed her country’s support for Iraq’s efforts to enhance its security and sovereignty, praising the President of the Republic’s keenness to strengthen relations between the two countries and ways to develop them in the interest of the two peoples.

Romanovsky stressed the importance of “Iraq’s participation in the water conference to be held in New York, due to the scarcity of water and harsh climate changes,” expressing her hope that “the decisions of the conference will contribute to serious treatments to the problem of water scarcity in Iraq.”

https://shafaq.com/ar/سیاسة/رشيد-ورومانوسكي-يبحثان-ملف-المياه-العراقية-وم-تمر-نيويورك-المقبل

Outputs Of The Meeting Between The Governor Of The Central Bank And The Director Of The Arab Monetary Fund

26/02/2023

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Governor of the Central Bank of Iraq meets the Director General of the Arab Monetary Fund

His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Ismail, received the Director General of the Arab Monetary Fund, Dr. Abdul Rahman Al-Humaidi.

His Excellency the Governor said in his speech: The Arab Monetary Fund has made unremitting efforts in support, advice and training to the Central Bank of Iraq and its cadres in implementing field surveys related to indicators of financial inclusion in Iraq.

For his part, Dr. Al-Humaidi praised the role of the Central Bank of Iraq in strengthening the work of the Fund and supporting its policies and programs, while expressing the Fund’s readiness to provide technical support and capacity building in areas related to the work of the bank, praising the role of the Central Bank of Iraq in launching the payments platform (Bani) in the field

It is noteworthy that the Central Bank of Iraq is an active member of the Arab Monetary Fund, and is one of the largest shareholders among central banks and financial institutions, and invests part of its foreign reserves.

the Central Bank of Iraq
the media office
2023/2/26

https://earthiq.news/archives/202969