Iraqi News Highlights Monday Evening 6-26-23
Tlm724 Administrator Bondlady’s Corner
Al-Jazaery: The Government Has Not Controlled The Dollar File Yet
Information / special. Member of the House of Representatives, Intisar Al-Jazaery confirmed, on Monday, that the central government has not controlled the currency smuggling file until now, adding that one of the main reasons that led to the rise in dollar prices is the smuggling file out of Iraq.
Al-Jazaery said in an interview with the information agency, “The government and the competent authorities must intensify control and procedures on some banks that continue to violate and raise dollar prices in the local markets,” noting that “the difference in oil price hikes that was fixed in the general budget law must be invested.” And she continued:
“There is a clear depletion of foreign currency and the difficulty of keeping it inside Iraq until now,” noting that “the government has not reached the stage of controlling the dollar file and preventing its smuggling out of Iraq through uncontrolled outlets.”
Regarding the return of the dollar’s price rise, Al-Jazaery revealed:
“One of the main reasons for the instability of the dollar’s price is the file of smuggling out of Iraq.”
The exchange rate of the dollar in the parallel markets in Iraq witnessed a remarkable rise in the past weeks, reaching 149 thousand dinars per 100 $, while the Central Bank set the exchange rate at 132 thousand dinars per 100 $.
The Central Bank of Iraq is conducting a series of measures aimed at controlling the exchange rates of the dollar in the Iraqi markets and preventing smuggling while providing all the political needs of the Iraqi people.
https://almaalomah.me/news/politics/الجزائري:-الحكومة-لم-تسيطر-على-ملف-الدولار-لغاية-الان
The Central Bank Records A Sharp Decline In Its Sales
Economy | 01:49 – 06/26/2023 Baghdad – Mawazine News Today, Monday, the central bank’s dollar sales recorded a sharp decline, recording $227 million.
According to the schedule of the currency sale window that Mawazine News followed, the Central Bank sold during its auction today 227,026,260 dollars, which the bank covered at an exchange rate of 1305 dinars, per dollar for documentary credits and international settlements of electronic cards, and at a price of 1310 dinars per dollar for external transfers, and at a price of 1310 dinars per dollar, respectively. monetary.
Most of the dollar sales went to enhance balances abroad in the form of (remittances, credits), amounting to $166,086,260 million, while the remaining $60,940,000 million went in the form of cash sales. https://www.mawazin.net/Details.aspx?jimare=230105
Sales Of The Iraqi Central Bank Exceed 270 Million Dollars In An Auction Today
Sunday 25 June 2023 14:25 | Economical Number of readings: 305 Baghdad / NINA / – Today, Sunday, the Iraqi Central Bank’s sales of hard currency exceeded the $270 million barrier.
The currency sale window in the Central Bank of Iraq stated, “The total amounts of transfers abroad (remittances, credits) amounted to 234,836,167 dollars at a price of 1305 dinars.” While “the total amounts of cash sales amounted to 39,600,000 dollars, reinforced at a price of 1310 dinars, and the total sales amounted to 274,436,167 dollars.”/ End 11
https://ninanews.com/Website/News/Details?key=1061465
The Rise In Dollar Prices Locally
Economy | 06/26/2023 Baghdad – Mawazine News Today, Monday, the exchange rates of the US dollar against the Iraqi dinar rose on the Baghdad and Erbil stock exchanges.
A Mawazine News correspondent said that the central Al-Kifah and Al-Harithiya stock exchanges in Baghdad recorded this morning an exchange rate of 147,800 dinars against 100 dollars, while the prices recorded yesterday morning, Sunday, were 147,100 dinars.
As for the dollar prices in exchange shops in the local markets in Baghdad, they rose, as the selling price reached 149,000 dinars, while the purchase price reached 147,000 dinars for every 100 dollars.
In Erbil, the capital of the Kurdistan Region, the price of the dollar also increased, as the selling price reached 147,750 dinars, and the purchase price was 147,700 dinars for 100 dollars.
https://www.mawazin.net/Details.aspx?jimare=230096
The Iraqi Gazette Publishes The General Budget Law
Local | 06/26/2023 Baghdad – Mawazine News Today, Monday, the Iraqi Al-Waqa’i newspaper affiliated with the Ministry of Justice published Law No. (13) for the year 2023 “The Federal General Budget of the Republic of Iraq for the fiscal years (2023-2024-2025).” https://www.mawazin.net/Details.aspx?jimare=230097
Iraq Earns More Than $7 Billion From Selling Oil Over The Past Month
Economy | 06/26/2023 Baghdad – Mawazine News The Ministry of Oil announced, on Monday, that the total oil export revenues for the month of May exceeded $7 billion.
The ministry stated in a statement, which Mawazine News received a copy of, that “according to the final statistics issued by the Iraqi Oil Marketing Company (SOMO) for oil exports and revenues achieved for the month of May, the amount of exports of crude oil amounted to 102 million and 463 thousand and 387 barrels, with revenues amounting to 7 million barrels.” One billion and 324 million and 641 thousand dollars.
She added, “The total exported quantities of crude oil for the month of May from the oil fields in central and southern Iraq amounted to 102 million and 206 thousand and 413 barrels, while the quantities loaded from warehouses to Jordan were 256 thousand and 974 barrels,” noting that “the average price of one barrel reached $71,485.
She pointed out, “The exported quantities have been loaded by 39 international companies of several nationalities, from the ports of Basra, Khor al-Amaya, mono-buoys on the Gulf, and the Turkish port of Ceyhan,” noting that “the ministry, through its belief in informing the people of export operations and the revenues generated from it I took this monthly procedure.” Ended 29 / h
https://www.mawazin.net/Details.aspx?jimare=230118
Iraq Is Reducing Its Holdings Of US Bonds To More Than $6 Billion This Year
Sunday 25 June 2023 15:30 | Economical Number of readings: 349
Baghdad / NINA / – The US Treasury Department announced today that Iraq has reduced its holdings of US bonds to more than $6 billion during the first four months of the year 2023.
The Treasury said in a statement: “Iraq reduced its holdings of bonds during those months and starting from January.” As of April, it amounted to 6.4 billion dollars, reaching the 36th rank among the countries with the largest holders of US Treasury bonds, which are 38 countries listed in the table of countries.
She added: “Iraq’s possession of US bonds in January amounted to 41.2 billion dollars, to decrease to 40.7 billion dollars in February, to decrease to 39.3 billion dollars in March, and to decline again in April to 34.8 billion dollars,” indicating that “Iraq’s possession of US bonds In January of the year 2022, it amounted to $ 40.8 billion.
She pointed out: “Iraq came as the fourth largest Arab country in the largest possession of US bonds after Saudi Arabia, the Emirates and Kuwait.”/ End 7
https://ninanews.com/Website/News/Details?key=1061492
Integrity And Communications Are Discussing Ways To Make The Government Program A Success And The Transition Of State Institutions To E-Governance
Political | 06/26/2023 Baghdad – Mawazine News The head of the Federal Integrity Commission, Judge Haidar Hanoun, discussed with the Minister of Communications, Hayam Al-Yasiri, on Monday, prospects for cooperation between the two sides, and taking effective measures to ensure the success of the government program, especially the anti-corruption clause.
During his meeting with the Minister of Communications at the Authority’s headquarters, Judge Hanoun stressed “the need for ministries to take measures that enable them to provide the best services to citizens,” noting that “the Authority and the Ministry of Communications will intensify their joint work in order to remove obstacles to increase levels of success.”
He pointed to “the importance of transforming and transferring the work of state institutions to electronic governance and the digital system, which greatly contributes to reducing levels of corruption in those institutions,” noting that “the Ministry of Communications has a major role in cybersecurity, and unifying the government’s vision regarding this issue related to state security.”
For her part, Minister of Communications Hayam al-Yasiri expressed her “full readiness to cooperate with the commission in combating corruption and cleaning state institutions from its clutches.”
Al-Yasiri confirmed, “She made administrative changes in her ministry for the success of the work, the implementation of the government program and the change of reality,” noting that “combating corruption is one of the priorities of her work within the ministry.” Ended 29 / H
https://www.mawazin.net/Details.aspx?jimare=230110
Disagreements Are Authorized
June 26, 2023 Based on the requirements of the Labor Authority, the Central Bank of Iraq decided to carry out all the banks of all the banks of the bank’s departments listed below and provide them with a cd with the names of their employees carrying a degree (A – B) and updating them in the event of any change in the names of their two traders from the above.
1- The Department of Monitoring
2- Accounting Department
3- The Department of Investments and External Transformations / Department of Foreign Banking Relations
4- The circle of issuance and safes
The Judiciary And The Central Bank Are Discussing Joint Cooperation To Address Violations Related To The Sale And Purchase Of Foreign Currency
Sunday, June 25, 2023 12:06 | Economical Number of readings: 446 Baghdad / NINA / – The President of the Supreme Judicial Council, Judge Faeq Zaidan, discussed with the Governor of the Central Bank, Ali Al-Alaq, joint cooperation to address violations related to the sale and purchase of foreign currency.
The Supreme Judicial Council stated in a statement: “The two sides discussed the need for coordination between the judiciary and the money laundering office in the Central Bank to address violations related to the sale and purchase of foreign currency.” https://ninanews.com/Website/News/Details?key=1061429
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