Government of Iraq – الحكومة العراقية
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@IraqiGovt

With improved security and a welcoming investment climate, Iraq is again open for business, says Iraqi investor and entrepreneur Ahmed Rahim. #InvestIraq

With improved security and a welcoming investment climate, Iraq is again open for business, says Iraqi investor and entrepreneur Ahmed Rahim. #InvestIraq pic.twitter.com/fF9pibrw6u

— Government of Iraq – الحكومة العراقية (@IraqiGovt) February 8, 2019

Trump adviser in a visit to five Arab countries for the “Deal of the Century”

WASHINGTON (Reuters) – Senior White House adviser Jared Kouchner and White House Middle East envoy Jason Greenblatt will travel to at least five Arab countries in late February, US officials said.

The senior officials in the White House said on Thursday that the visit comes as diplomats in these countries are briefed on the economic aspect of the long-awaited US proposal for peace in the Middle East and seeking their support.

Kouchner, the son-in-law of US President Donald Trump and White House Middle East envoy Jason Greenblatt, are planning to visit Oman, Bahrain, Saudi Arabia, the United Arab Emirates and Qatar on their week-long tour.

Shafaaq.com

US Troops in Iraq by Baghdad Consent: Iraqi FM

ERBIL — The US military presence in Iraq is in accordance with a previous agreement, said Iraqi Foreign Minister Mohammed Ali al-Hakim.

The debate over the US troops present in Iraq was heated earlier this week when President Donald Trump said his country’s troops would stay in Iraq to “watch Iran”.

Iraqi political leaders and militia commanders, those who enjoy closer ties with Iran, condemned Trump’s remarks immediately. Barham Salih, the president of Iraq, said Washington had not asked Baghdad for permission to watch Iran.

Asked about the concerns in Iraq over the US military presence, al-Hakim told Kurdistan 24 from Washington that the US troops are stationed in his country based on a strategic agreement between Baghdad and Washington.

Basnews.com

Determination of the implementation date of the 2019 budget

Baghdad: Al-Furat News – The Federal Budget Law is scheduled to be published in the Iraqi newspaper “Al-Waqalat” mid-week, and the law will enter into force after its publication.

A source familiar with the Justice Ministry’s media said Friday that after the president signed the budget law, a copy of the law was sent on the same day to the Ministry of Justice and then sent to the Directorate of “facts” to work on it for the official publication.
The source added that the newspaper “facts” Iraq will be published on Monday or Tuesday, there is no doubt that the Federal Budget Law will be published in the newspaper.

According to the law, any law in the House of Representatives after its ratification by the President of the Republic and published in the fact sheet is in force and if the government does not appeal the law to the Federal Court, it enters into force.

The President of the Republic Barham Saleh, approved last Monday, the federal budget law for the current year 2019, a deficit of 23 billion dollars.

The parliament voted on January 24 last year on the Federal Budget Law for the fiscal year 2019, which began earlier this year.

The budget estimates revenue of 106 trillion dinars (88.5 billion dollars), while estimated expenditures 133 trillion dinars (111.5 billion dollars), and the total budget deficit amounted to 27 trillion dinars ($ 23 billion).

The estimated budget revenue account on the basis of 56 dollars to the price of a barrel of oil, with an average export of 3.00088 million barrels Aumia.anthy

Alforatnews.com

Euro Lifts and Dollar Hits Best Performance in Six Months

Agencies – Abu Dhabi; The US dollar rose against a basket of currencies to its strongest weekly performance in six months as investors bought the greenback as a safe haven amid fears of weakness in the global economy.

The euro was around the two-week low of $ 1.13. The European currency recorded the biggest weekly drop in more than four months against the dollar following data showing a slowdown in Europe.

The dollar index, which tracks the performance of the greenback versus the euro, the yen, the pound and three other currencies, rose 0.14 percent to 96,642 in late US trading, ending the week with gains of 1.1 percent, the biggest weekly gain since a jump of 1.28 percent in the week ending On 10 August 2018.

Skynewsarabia.com

Baghdad announces the unification of customs duties with the Kurdistan region as of February 17

BAGHDAD – The General Authority of Customs announced on Friday that it will begin implementing the Cabinet Resolution No. (13) for the year 2019 concerning the unification of procedures and customs duties at all border crossings. Effective February 17th.

“The Federal General Authority of Customs and the Kurdistan Regional Customs will start implementing the decision as of Sunday, 17 February 2019, which is considered an important step to regulate the trade and import and export activities,” the agency said in a statement received by Iraq Press. The unification of customs tariff fees at all border ports, including the ports of the Kurdistan region (Pervez Khan, Bashmakh, Ibrahim Khalil, Haj Omran, Erbil airport, Sulaymaniyah airport).

The decision also included “the adoption of a unified customs declaration (customs declaration) in Arabic and Kurdish according to the customs law,” stressing that “all border ports in the provinces and the region comply with the decisions issued by the Council of Ministers on the protection of national product and agricultural calendar.”

The decision referred to “the commitment of all border ports in the provinces and the region to implement their part in the international agreements signed between the Republic of Iraq and other countries, especially with regard to customs exemption, and the abolition of the Council of Ministers Resolution No. (186) for the year 2018 on the clearance of containers on the volume of containers and return To the contexts adopted in accordance with the law. ”

The Commission also said that the decision also included “the abolition of the current customs points in both (Fayda) (Shiroh – north of Kirkuk) and (Lilan – east of Kirkuk).”

The Commission affirmed that “the decision came to support the private sector through the realization of the principle of fairness in the imposition of fees and to encourage competition between companies on the basis of quality and services in the light of the equal costs among all with the offer that the decision included a significant reduction in imports and the proportion of customs duties of imported goods and goods and the adoption of Unified importation “. Finished (1)

Iraqpressagency.com

Iran’s central governor: We understand the problems of the world’s banks in dealing with us because of the US embargo

The head of the Central Bank of Iran Abdul Nasser Hamati said that his country understands the problems and conditions of the banks of countries in the world because of the US embargo, adding that his country is making its jihad so that it can continue its economic and banking activities without harming the other party.

Iranian media quoted Hamati as saying that “obstacles will be removed from the way to pay Iraq’s debts to Iran related to gas and electricity exports, based on the agreement signed between the two countries recently.”

Hamati said that during the visit, he said, “During this visit, as well as the establishment of a mechanism for financial payment between the two countries, the agreement to remove the problems related to the transfer and return of returns of Iranian exporters to Iraq from hard currency,” adding that ” I am confident that these mechanisms will gradually become more fluid and overcome problems. ”

“With regard to Iraq’s debts to Iran’s gas and electricity exports to Iran, we signed after 4 hours of talks an important agreement with the Central Bank of Iraq to address the obstacles of money transfer and debt repayment.”

He pointed out that “based on the consensus, the monetary and banking relations between us and Iraq will be within the framework of the euro and dinar, where the Central Bank of Iran will calculate in Iraq on the basis of the dinar and the euro will be completed banking transactions through Iraqi banks.”

Alforatnews.com

Top Banker: Iran, Iraq to Use Euro, Dinar in Oil Trade

TEHRAN (Tasnim) – The governor of the Central Bank of Iran unveiled plans for using non-dollar accounts for oil and gas trade with Iraq.

Abdolnaser Hemmati on Wednesday held a meeting with presidents of Iraqi banks, members of Iraq’s chamber of commerce and the Arab country’s business people during a trip to Baghdad.

In the gathering, the top Iranian banker unveiled a new mechanism to continue Iran’s trade with Iraqi businesses, saying the CBI is going to open euro and dinar-based accounts to process transactions for trade in oil and gas.

Describing Iraq as Iran’s major partner, Hemmati said the two countries have agreed to make the banking ties much stronger.

“According to the agreements, Iranian exporters should be able to continue activities via Iraqi banks, and Iranian banks could also open dinar accounts in Iraqi banks.”

He also stated that Iraqi companies can reciprocally open accounts in Iranian banks and conduct transactions in dinar.

In December 2018, Chairman of Iran-Iraq Chamber of Commerce Yahya Ale-Eshaq said the central banks of Iran and Iraq were finalizing negotiations to begin trade in their own currencies.

Iraq’s Foreign Minister Mohamed Ali Alhakim has made it clear that his country cannot cut off trade ties with Iran under the US sanctions, saying the value of annual trade between Iran and Iraq amounts to $12 billion.

Tasnimnews.com

Central Bank: We bought 20 trillion treasury transfers to move the market

BAGHDAD / The governor of the Central Bank Ali Alalak said on Monday that the bank has bought 20 trillion of treasury remittances to move the market.
“The monetary policy occupies an important part of the economy and investment sector and the central bank participates to achieve it,” Al-Aallak said during a dialogue session at the Rafidain Conference held in Baghdad and attended by Baghdad. “Monetary policy achieves economic stability. The stability of the exchange rate and the adequacy of reserves. Fundamental to the stability of the economy. ”

He added that “the central bank has not only achieved the basic goals, but entered the economic growth, which is unconventional policy,” noting that “through the unconventional approach we have bought 20 trillion of treasury transfers and the purpose of maintaining the economic situation and move the market.”

He pointed out that “the central bank has taken the initiative of unconventional, the initiative of lending agricultural, housing and industrial and launched financial allocations, which is important,” as he can secure financial for any real project if the necessary conditions.

Alghadpress.com

Raising zeros reduces the monetary mass and needs a decision from the top

Abdul-Muttalib Abdul Jalil to (Tigris): raising zeros reduces the monetary mass and needs a decision from the top

The director of studies and operations in the bank Rashid Abdul-Muttalib Abdul Jalil said in a statement to (Tigris) that raising zeros reduces the cash mass and continued to take this decision needs to decide the top bodies and not the Central Iraqi Central

Abdul Jalil explained false details covered by the media, including what Notes Al-Rasheed Bank

said that the subject of the sponsor is not as it is customary, but he only signs the bill to deduct the interest during the first six months.

He pointed out that the housing loans come in two forms, the first of which is the liberated areas T to contribute to the government were prescribed in the reconstruction of the liberated areas and distributed between the bank Rafidain and Rasheed Al – Anbar, Nineveh, Diyala, Salahuddin

and noted that an advance of 30 million are exempt from the interest in the first five years and five second bear interest of seven percent

Kavsha said that the loans of employees depend on the amount of salary and range between 5-10 million dinars. Abdul Jalil added that the loans of small projects up to 50 million dinars at the highest level,

stressing the cancellation of the mortgage and replaced by bail in the granting of loans and continued interest in the bank less than other banks or parallel have

announced Abdul Jalil for features in the Rasheed Bank where he launched Master cadre palm to distract the employees ‘ salaries which is owned by the bank and not contracted with companies denied cutting the amount of 21 000 in exchange for payment of salaries is exaggerated and not true , but a free service to Htgaa people on the electronic card

and added that salaries across the system Clearing Do not delay the electronic one day only if a technical glitch in the communications was found

and pointed out that Abdul Jalil Rasheed Bank is directed towards an electronic comprehensive system that protects the customer ‘s international application number , stressing that the commission issuing MasterCard credit card at the Rasheed Bank only 10 thousand dinars

Dijlah.tv