Iraqi News Highlights Sunday Afternoon 6-25-23
Tlm724 Administrator Bondlady’s Corner
Tomorrow… The Budget Will Come Into Effect
Money and business Economy News – Baghdad Today, Sunday, the Ministry of Justice announced the publication of the budget law in the Iraqi Gazette tomorrow.
Ministry spokesman Kamel Amin said, “The budget for 2023 to 2025 will be published tomorrow in the Iraqi Gazette.” He added, “The budget will enter into force as of January 1, 2023.”
40 views Added 06/25/2023 https://economy-news.net/content.php?id=34893
The High Exchange Rate Of The Dollar In The Local Market
Economy | 10:29 – 06/25/2023 Baghdad – Mawazine News Today, Sunday, the exchange rates of the US dollar against the Iraqi dinar rose in the capital, Baghdad, and Erbil.
A Mawazine News correspondent said that the central Al-Kifah and Al-Harithiya stock exchanges in Baghdad recorded this morning, an exchange rate of 147,100 Iraqi dinars against 100 US dollars, while the prices recorded yesterday morning, Saturday, were 146,900 dinars.
As for the dollar prices in exchange shops in the local markets in Baghdad, they have stabilized, as the selling price reached 148,000 dinars, while the purchase price reached 146,000 dinars for every 100 dollars.
As for Erbil, the capital of the Kurdistan Region, the price of the dollar also recorded a slight increase, as the selling price reached 147,200 dinars, and the purchase price was 147,100 dinars for 100 dollars.
https://www.mawazin.net/Details.aspx?jimare=230018
Iraq Pays Off All Debts Related To Iranian Gas
Political | 06/25/2023 Baghdad – Mawazine News, the Iranian Deputy Oil Minister for Gas Affairs, Majid Chengi, announced today, Sunday, that the Iraqi Ministry of Electricity has paid Iran all debts related to Iranian gas.
And the international news agency “Tasnim” reported, on Sunday evening, that the Iranian official’s statements came on the sidelines of the first conference to strengthen facilities and equipment for the production, transportation and distribution of natural gas in the country.
“The Iraqi Ministry of Electricity has paid all our dues for gas, and the debt is now zero, but sometimes problems occur in transferring money from the Iraqi TBI Bank to Iran,” Majid Chengi confirmed.
In a related context, the Iranian Deputy Oil Minister for Gas Affairs, Majid Chengi, said that Turkey had requested an extension of the contract for importing gas from his country, pointing to the continuation of negotiations to extend this contract.
It is reported that Baghdad’s debts amounted to more than $1.6 billion for Iranian gas and energy purchases alone, between 2019 and 2021.
In February 2019, the Central Bank of Iraq concluded an agreement with the Central Bank of Iran, allowing customers of both banks to open accounts in the two countries, and conduct their banking transactions in Iraqi dinars and euros.
And in December 2022, the Iranian Oil Minister, Javad Oji, said: “Fortunately, last year and this year, we were able to obtain all the arrears related to gas exports to Iraq.” Ended 29 / M99
https://www.mawazin.net/Details.aspx?jimare=230062
To read more current and reliable Iraqi news please visit BondLady’s Corner:
https://www.bondladyscorner.com/