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Iraqi News Highlights Monday Afternoon 6-19-23

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The Decline In The Exchange Rates Of The Dollar In Today’s Trading

Economy |  06/19/2023  Baghdad – Mawazine News  Today, Monday, the exchange rates of the dollar recorded a decline 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 a decrease in exchange shops in the local markets, as the selling price reached 147,500 dinars per 100 dollars, while the purchase prices reached 145,500 dinars per 100 dollars, in the capital, Baghdad.” Ended 29/a

https://www.mawazin.net/Details.aspx?jimare=229620

A Big Jump In The Central Bank’s Sales Of Foreign Currency

Economy | 06/19/2023   Baghdad – Mawazine News  Today, Monday, the Central Bank of Iraq’s sales of foreign currency increased, recording more than $243 million.

According to the schedule of the currency sale window, which was followed by Mawazine News, the Central Bank sold during its auction today 243,927,425 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 $222,597,425 million, while the remaining $21,330,000 million went in the form of cash sales. Ended 29/a    https://www.mawazin.net/Details.aspx?jimare=229634

Al-Sudani: The Path Of Development Includes Great Economic Revenues For Iraq, And We Are Continuing To Achieve It

Reconstruction and building  Economy News – Baghdad  Today, Monday, Prime Minister Muhammad Shia Al-Sudani chaired a meeting of the Special Committee for the implementation of the Development Road Project, in the presence of the Minister of Transport, the Minister of Construction, Housing and Municipalities, the Chairman of the Investment Authority and a number of specialized advisors.

Al-Sudani stressed, according to the statement, that “the government is moving towards the completion of the development path project, as it includes large economic revenues for Iraq, and the creation of job opportunities and sustainable development, whose benefits extend throughout the region, in a way that enhances facing regional and international economic challenges.”

According to the statement, “During the meeting, ways to achieve the supreme interest of Iraq were discussed in the implementation of this important strategic project, the involvement of countries wishing to join it, and the study of offers submitted by countries and major companies.”

The meeting also affirmed “going towards the use of the expertise of discreet international companies in aspects related to the smallest details of the project, in order to ensure its completion in accordance with the latest plans, specifications and international programs.”

Views 9   06/19/2023 https://economy-news.net/content.php?id=34823

Exceeded One Billion Dollars .. Sales Of The Iraqi Central In A Week

Economy | 09:18 – 06/19/2023   Baghdad – Mawazine News  The total sales of the Central Bank of Iraq in hard currency to US dollars during the past week amounted to more than one billion dollars.

A Mawazine News correspondent stated that the Central Bank sold during the past week, for the five days in which the auction was opened, the amount of one billion and 50 million and 728 thousand and 266 dollars, at a daily rate of 210 million and 145 thousand and 653 dollars, down by 0.33% from what was recorded the week before. precedent, which amounted to a daily rate of 210 million and 840 thousand and 300 dollars.

The highest sales of the dollar during the past week were on Thursday, when sales amounted to 227 million and 220 dollars, while the lowest sales were on Monday, when sales amounted to 201 million, 771 thousand and 781 dollars.

Sales of foreign remittances during the past week amounted to 890,228,266 dollars, an increase of 82% compared to cash sales, which amounted to 160,500,000 dollars.

And our anchors explained that the sales went in the form of cash and transfers abroad to finance foreign trade, while the selling price of documentary credits amounts and international settlements for electronic cards reached 1305 dinars per dollar, while the selling price of remittances abroad and the cash sale price amounted to 1310 dinars per dollar. Ended 29/a. https://www.mawazin.net/Details.aspx?jimare=229608

The Steering Committee For The Follow-Up Of The Executive Agreement Between The Iraqi Government And The United States Agency For International Development Holds Its First Meeting

Monday 19, June 2023 17:01 | Economical Number of readings: 156  Baghdad / NINA / – The steering committee for following up the executive agreement between the Iraqi government and the US Agency for International Development held its first meeting at the Ministry of Planning.

The Ministry of Planning stated in a statement, “The Undersecretary for Technical Affairs, Maher Hammad Johan, headed the Iraqi side, while the American side was headed by Todd Sorenson, Director of the US Agency for Development in Iraq.

The Undersecretary affirmed,” the Ministry’s readiness to carry out the work of the committee in order to move quickly in implementing the executive agreement signed between the two sides

. Noting, “This meeting is the first for the committee that undertakes the implementation of the terms of the agreement and the tasks stipulated. According to the terms of reference document.”

“The executive agreement aims to promote economic growth, enhance citizens’ confidence in the state, meet the needs of vulnerable population groups and combat violent extremism,” Johan said,

noting that “the meeting discussed government directions in light of the new ministerial curriculum, which included several priorities, including: combating financial and administrative corruption.”

Supporting the poor, vulnerable and low-income groups, and developing and improving services that affect the lives of citizens.

He added, “The meeting included a discussion of the allocated and unallocated financial amounts committed to implement ongoing activities within the Agency’s activities and the new amounts distributed under the agreement and its objectives, as well as a discussion of the funding mechanism for the agreement and the mechanism for selecting new projects, as well as the position of previous projects of the US Agency and the next steps.”

The meeting also discussed reviewing the agency’s ongoing programs and aligning them with the government program, and coming up with a list of programs that represent the government’s priority in light of its new ministerial platform, to be presented to the committee and in coordination with the relevant government agencies in accordance with the terms of the signed agreement   https://ninanews.com/Website/News/Details?key=1060483

Economist: The Path Of Development Pushes China And The Countries Of The World To Invest In Iraq

June 18 09:10  Information / Baghdad…  The economist, Safwan Qusay, confirmed, on Sunday, that the path of development will push China and the countries of the world to enter into investment in Iraq, which is the best location for linking the East with the West.

Qusay said in an interview with Al-Maalouma, that “there are untapped resources in Iraq, especially in Mosul, which possesses sulfur, and  Anbar, which contains phosphates and petrochemicals in Basra, andcement in Muthanna, and

these resources can be a tributary to the Iraqi economy away from the difficulties of transporting and exporting these goods.” By having a path of development.”

He added,  “The Iraqi desert associated with neighboring countries can be a gateway to obtaining solar energy in cooperation with other countries that will be included in the development road plan.”  And he indicated that

“the road of development has political, social and environmental dimensions that can contribute to the sustainability of the relationship with the countries of the world, just as

it is not against the Silk Road, but rather is considered a complement to this road, and

it may contribute to provoking China and pushing it towards investing in Iraq as it is the best site for linking the East.” in the West.” ended 25 n

https://almaalomah.me/news/economy/اقتصادي:-طريق-التنمية-يدفع-الصين-ودول-العالم-للاستثمار-في-ال

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