Iraqi News Highlights Saturday Afternoon 6-17-23
Tlm724 Administrator Bondlady’s Corner
Parliamentary Oil: The Road Has Become Paved For The Adoption Of Broken Laws, The Most Important Of Which Is The Oil And Gas Law
political | 02:17 – 06/17/2023 Baghdad – Mawazine News Today, Saturday, the Parliamentary Oil, Gas and Natural Resources Committee confirmed that the road has become a paved path for the adoption of stalled laws, the most important of which is the oil and gas law, while it revealed that there are some obstacles to the legislation of the law.
Committee member Zainab Jumaa Al-Moussawi said, in a statement followed by Mawazine News, that “after approving the financial budget for the years (2023-2024-2025), the road is now paved for the approval of suspended laws from previous parliamentary sessions, the most important of which is the oil and gas law, which will draw the oil map.” In Iraq, solve problems between the federal government and the Kurdistan Regional Government, and guarantee the rights of both parties.
Al-Moussawi added, “The Oil and Gas Committee is working to prepare the appropriate ground for approving the law very soon,” revealing “the presence of political interference working to obstruct the legislation of this law within the House of Representatives.”
And she stressed that “there are political forces that do not want to solve the Iraqi economic problems,” noting that “the Oil and Gas Committee is working hard to remove obstacles and resolve differences between the governments of Baghdad and Erbil.” https://www.mawazin.net/Details.aspx?jimare=229481
The Stability Of The Dollar Exchange Rate In The Local Markets For Today
Economy | 10:53 – 06/17/2023 Baghdad – Mawazine News Today, Saturday, the exchange rates of the dollar recorded stability in the stock market and local markets in the capital, Baghdad.
A Mawazine News correspondent said, “The buying and selling prices of the dollar witnessed stability in exchange shops in the local markets, as the selling price reached 148,000 dinars per 100 dollars, while the purchase prices reached 146,000 dinars per 100 dollars, in the capital, Baghdad.”
https://www.mawazin.net/Details.aspx?jimare=229455
For The Third Month In A Row, Iraq Is Reducing Its Holdings Of US Bonds
Saturday 17, June 2023 10:44 | Economical Number of readings: 507
Baghdad / NINA / – The US Treasury announced today, Saturday, that Iraq’s possession of US bonds decreased for the third month in a row, to reach about $35 billion.
And the treasury stated in its latest schedule, that “Iraq’s possession of US Treasury bonds for the month of April 2023 decreased by 4.5 billion dollars, to reach 34.8 billion dollars, after it was 39.3 billion dollars during the previous month,” indicating that “these bonds increased by 18.6%.” For the same month of 2022, when Iraq’s possession of bonds amounted to 28.3 billion dollars.
In the Arab world, Saudi Arabia comes at the forefront of the countries with the most possession, amounting to 113.3 billion dollars, and the UAE comes second with 70.2 billion dollars, then Kuwait comes third with 41.4 billion dollars, then Iraq fourth and Oman fifth with 7.061 billion dollars.
The treasury indicated that “the most holders of US bonds are Japan with 1.127.2 trillion dollars, followed by China with 868.9 billion dollars, then the United Kingdom with 680.7 billion dollars, and then comes Belgium with 336.6 billion dollars.” https://ninanews.com/Website/News/Details?key=1060086
To read more current and reliable Iraqi news please visit BondLady’s Corner:
https://www.bondladyscorner.com/