More Iraqi News Late Sunday PM 2-13-22
More Iraqi News Late Sunday PM 2-13-22
TLM724 Administrator BondLady’s Corner
An Economist Submits A Proposal To The Government To Liquidate Its Internal Debts
Saturday 12 February 2022 09:47 | economic Number of readings: 360
Baghdad / NINA / - The expert in economic affairs, Safwan Qusay, stressed the importance of zeroing the government's internal debts in light of its settlement of Kuwaiti foreign debts, proposing that the current government direct to zero its internal debts through a comprehensive financial settlement that the Ministry of Finance pays these debts by transferring part of its material property in favor of those parties.
Qusay said in a statement to the National Iraqi News Agency / NINA/ : “In light of the government’s success in investing the financial abundance resulting from the rise in oil prices to clear Kuwait’s debts and move towards repaying other external debts, the government can begin to clear its internal debts through a comprehensive financial settlement that the Ministry of Finance pays for these debts by transferring part of its material property in favor of These parties, and thus those debts are extinguished and the Iraqi economy liberated and given an opportunity to transform the outlook to be more positive to attract local, regional and international investments, which is the fastest way to absorb unemployment and maximize the ability of the Iraqi economy to compete.
And the economic expert continued: "Iraq's untapped geographical location and the presence of enormous mineral wealth is one of the most important sources of attracting investment now, and gradually Iraq can become the capital of the global economy in record time." / End 8
https://ninanews.com/Website/News/Details?Key=956122
Ministry Of Justice: We Have Filed Hundreds Of Lawsuits To Return The Smuggled Money
Posted On2022-02-13 By Sotaliraq Baghdad: Jinan Al-Asadi The Ministry of Justice revealed “intense moves” to recover smuggled money and real estate located abroad, by filing hundreds of lawsuits, while the ministry is working to prevent drug smuggling into Iraqi prisons.
The Senior Undersecretary of the Ministry, Ziad Al-Tamimi, said: "The government has moved intensively to recover Iraq's looted money and property, by filing hundreds of foreign lawsuits in this regard, and several memoranda of understanding have been concluded in this aspect, revealing that" some countries have expressed their willingness to cooperate in this field, by returning Its real estate is in the country, compared to the real estate in Iraq.
Concerning the inmates who are placed in the correctional homes of the ministry, he explained that “their number reaches 52,000, as reform programs are implemented for them to integrate into society, including programs for intellectual reform or programs to acquire life skills.”
Al-Tamimi revealed “the ministry’s adoption of new reform programs, such as opening book-reading offices, and others for preparatory and university education in addition to postgraduate studies, and that there are organizations that will soon implement psychological evaluation programs, especially for those convicted of terrorist cases, in addition to religious guidance programs and coordination with the Shiite Endowment Departments.” and Sunni.”
And he indicated that "the ministry, with the aim of relieving the bottlenecks experienced by the reformist prisons affiliated with the ministry in Baghdad and the 21 provinces, intends to implement several measures, the most important of which is the implementation of three reform prisons, the first in the Khan Bani Saad area in Diyala, the second in Najaf Governorate, and the third in Wasit Governorate, with a capacity of 1,000 to 1500 guest.” LINK
Last Week, The Volume Of Shares Traded On The Iraqi Stock Exchange Was Revealed
Economie| 02:50 - 13/02/2022 Baghdad - Mawazine News The Iraqi Stock Exchange revealed, on Sunday, the trading of shares with a financial value of more than five billion dinars during the past week.
The market said in a report seen by / Mawazine News /, "The number of companies whose shares were traded during the past week amounted to 43 joint-stock companies, while the shares of 39 companies were not traded due to the lack of convergence of the prices of purchase orders with sales orders, while 20 companies continue to be suspended for not providing disclosure. out of 103 companies listed on the market.
And he indicated that "the number of traded shares amounted to five billion and 45 million and 28 thousand shares, with a financial value of five billion and 646 million and 557 thousand dinars through the implementation of 2385 deals," noting that "the ISX60 traded price index closed at 570.63 points, down by 1.48% from the previous session." .
The market indicated that "the number of shares purchased from non-Iraqi investors for the past week amounted to 690 million shares, with a financial value of 758 million dinars, through the implementation of 76 deals, while the number of shares sold from non-Iraqi investors reached 1.042 billion shares, with a financial value of 1.091 billion dinars through Execution of 139 deals.
https://www.mawazin.net/Details.aspx?jimare=184508
Al-Rafidain Bank Launches Credit Activity Of All Kinds
Economie| 03:18 - 13/02/2022 Baghdad - Mawazine News Al-Rafidain Bank announced, on Sunday, the launch of credit activity of all kinds.
A brief statement by the bank, a copy of which was received by Mawazine News, stated that it had launched all kinds of credit activity, including loans, advances, banking facilities and investment projects. Ended 29/R77 https://www.mawazin.net/Details.aspx?jimare=184511
Finance Reveals Interest Rates And Fixed Deposits For Withdrawals And Deposits
Economie| 04:13 - 13/02/2022 Baghdad - Mawazine News, Al-Rafidain Bank, affiliated to the Ministry of Finance, announced, on Sunday, the interest rates and fixed deposits for citizens’ accounts for the year 2022.
The ministry said in a statement that “Mawazine News” received a copy of it, that “the bank has set the interest rate for savings accounts to be 4% Over the course of a year, the fixed deposit rate was determined to be at an interest rate of 4.5% for a period of six months and an interest rate of 5% for a period of one year.
She added, "The interest period for fixed deposits over two years was set at 5.5% for less than 50 million dinars and 6% for more than 50 million dinars."
The ministry indicated that "the bank continues with withdrawals and deposits in all its branches spread throughout the governorates, and all citizens can review the bank for the purpose of benefiting from these services." Ended 29/R77 https://www.mawazin.net/Details.aspx?jimare=184520
Al-Halbousi And The US Ambassador Discuss Supporting The Iraqi Forces In Facing The Challenges Of Terrorism
Today, Sunday, Parliament Speaker Muhammad Al-Halbousi and US Ambassador Matthew Tueller discussed supporting Iraqi forces in facing the challenges of terrorism.
Al-Halbousi's office said in a statement, "The Speaker of the House of Representatives, Muhammad Al-Halbousi, received, today, the American ambassador to Iraq, Matthew Tueller," noting that "during the meeting, they discussed bilateral relations between the two countries and ways to enhance continued cooperation in the economic and security fields, stressing the importance of supporting the forces. Iraq in facing the challenges of terrorism according to the principles of the strategic dialogue.
The statement added that "the meeting also discussed developments in the political situation in Iraq and the region, as well as a number of issues of common interest."
https://www.radionawa.com/all-detail.aspx?jimare=27989
Al-Waeli Confirms The Adoption Of The Transit System At 7 Border Ports
Today, Sunday, Omar Al-Waeli, head of the Border Ports Authority, confirmed the adoption of the transit system at 7 border ports.
The Border Ports Authority said in a statement, "Al-Waeli attended the meeting held by the Minister of Transport, Nasser Al-Shibli, with his Lebanese counterpart, Ali Hamiyah, in the capital, Baghdad, in which a number of important issues related to the field of air, sea and land transport were discussed through the transit system from Lebanon to Iraq." through Syria or Jordan.
The head of the Border Ports Authority indicated, according to the statement, "the adoption of seven border ports that will operate in the coming days in the transit system, which are (Safwan, Al-Qaim, Arar, Trebil, Al-Mandhiriya, Zurbatiyah, and Shalamcheh)."
He believed that it would contribute to the exchange and transit of goods in support of trade and economy by encouraging cross-border trade.
For his part, the Lebanese Minister of Transport expressed his happiness with this meeting and the understandings achieved regarding the development of joint work in all areas of public transport, through which the State of Lebanon will be able to export to Iraq and across its territory to the Arab Gulf states and vice versa. https://www.radionawa.com/all-detail.aspx?jimare=27995
Iraq Begins Exporting A Shipment Of Sulfur
Energy Economy News _ Baghdad The Ministry of Transport, represented by the General Company for Ports of Iraq, announced on Sunday the anchoring of a ship intended to transport sulfur through the southern port of Umm Qasr.
The Director General of Ports, Farhan Al-Fartousi, said in a statement received by Al-Iqtisad News, "We are keen on facilitating the processes of entering sulfur and transferring it to private ships and providing the best port services."
He added that berth (6) in the southern port of Umm Qasr had received a ship dedicated to transporting Iraqi sulfur.
The government official added that work is underway to complete its shipment with this substance in coordination and continuous cooperation between the port administration and maritime navigation operations. Views 199 Date Added 02/13/2022 https://economy-news.net/content.php?id=27203
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