The Stock Exchange Announces The Trading Of Shares Worth More Than 10 Billion Dinars Within A Week, 19 APRIL

 The Stock Exchange Announces The Trading Of Shares Worth More Than 10 Billion Dinars Within A Week

Market   Economy News – Baghdad  The Iraq Stock Exchange (Stock Exchange) announced on Thursday the trading indicators for this week.

The stock exchange stated in a statement, seen by Al-Iqtisad News, that “the Iraqi Stock Exchange organized five trading sessions during the third week of April, from Sunday (April 14) to Thursday (April 18).”

The statement added, "During this week, the number of shares traded reached more than 7 billion shares, with a value of more than 10 billion dinars."

She pointed out that “the market trading index for the first session of the week closed at (911.51) points, while the index closed at the end of the week at (957.71) points, achieving an increase of (4.82%) from its close at the first session.”

She continued, "During the week, (4,146) purchase and sale contracts were executed on the shares of companies listed on the market."  Views 73 04/18/2024 - https://economy-news.net/content.php?id=42594

"ONCE AGAIN USELESS PARLIAMENT CALLS FOR THE OBVIOUS AND FOR WHAT THEY ONCE REJECTED!!!" BY FRANK26, 19 APRIL

 KTFA

FRANK26: "ONCE AGAIN USELESS PARLIAMENT CALLS FOR THE OBVIOUS AND FOR WHAT THEY ONCE REJECTED!!!"...........F26

Parliamentary Finance calls for “confining the dinar in the hands of the state”

 

4/17/2024

The Parliamentary Finance Committee pointed out, on Wednesday, the problem of the lack of cash “Iraqi dinar,” calling for “confining the dinar to the state.”

Committee member Hussein Moanis told Shafaq News Agency, “The House of Representatives voted on the tripartite budget law and required the government to send the schedules for approval,” indicating that “the delay in sending the schedules to Parliament did not affect the operational budget.”

He pointed out that "there is no specific date for approving the budget schedules in the Council of Ministers and sending them to the House of Representatives," indicating "a real problem with the lack of cash (the Iraqi dinar)."

He pointed out that "the Parliamentary Finance Committee is working to develop specific methods to process and provide cash and confine it to the state through adopting the electronic card, strengthening the work of banks, and presenting documents to achieve cash abundance in the market."

Mu'nis concluded by saying, "There is no trust between the banking system and the citizen, and the lack of trust has caused the cash currency (the Iraqi dinar) to be stored in the homes of citizens, which has caused it to be lost and not naturally available in the market."

A member of the Parliamentary Finance Committee, Moeen Al-Kadhimi, said on March 27, 2024, that the Iraqi government raised the total amount of the budget law from 199 trillion dinars to 228 trillion dinars in the 2024 budget.

While a member of the Parliamentary Finance Committee, Mustafa Al-Karaawi, said in an interview with Shafaq News Agency on February 27, 2024, that Finance Minister Taif Sami informed the members of the committee during her hosting, yesterday, Monday, of the imminent sending of the budget law schedules to the House of Representatives.

LINK

 

Iraqi Dinar WOW American Immunity Iraq's Money & CORRUPTION BY CHELLA

Iraq Stresses The Importance Of Lockheed Martin's Commitment To Opening Military Aircraft Maintenance Centers, 19 APRIL

 Iraq Stresses The Importance Of Lockheed Martin's Commitment To Opening Military Aircraft Maintenance Centers

Money  and business  Economy News – Baghdad  Today, Thursday, Prime Minister Muhammad Shiaa Al-Sudani stressed the importance of Lockheed Martin’s commitment to opening military aircraft maintenance centers.

The Prime Minister's Media Office stated, in a statement received by Al-Iqtisad News, that "Al-Sudani met in Washington with the CEO of Lockheed Martin, which is responsible for manufacturing F-16 aircraft, James Taiclet and his accompanying delegation."

He stressed, "The importance of the company's commitment to opening centers for the maintenance of military aircraft and providing spare materials for them inside Iraq, given the importance of this matter regarding the rehabilitation of Iraqi aircraft to maintain the security of the country."

For his part, Taiclet expressed his "understanding and readiness to respond to the Iraqi government's requests regarding the implementation of the terms of contracts for the supply of aircraft to Iraq, and the provision of all related supplies."

126 views   Added 04/18/2024 - 10:36 AM   https://economy-news.net/content.php?id=42583

"KTFA FAMILY, WHAT WE TOLD YOU ON MONDAY", 10 APRIL

KTFA 

FRANK26: "KTFA FAMILY, WHAT WE TOLD YOU ON MONDAY"............F26

Al-Sudani receives in Washington the Chairman of JPMorgan

 

4/17/2024

 Baghdad
 

On Wednesday, Prime Minister Muhammad Shiaa Al-Sudani stressed the necessity of carrying out reforms in the banking sector in order to achieve development in the country, while pointing out that the government is implementing projects that will achieve sustainable development.

The Prime Minister’s media office said in a statement, seen by Al-Iqtisad News, that “Al-Sudani received, at his residence in the American capital, Washington, the President of JP Morgan Bank, Mr. Masha Klovoksy, and his accompanying delegation, and during the meeting, the government’s efforts in implementing financial and banking reforms were discussed.” In light of the path it is taking towards improving the economic situation and achieving development, in addition to discussing the government’s measures to develop the government banking sector, through its contracts with major international consulting companies specialized in banking reform, and encouraging private banks to open accounts with foreign banks to be correspondent banks, according to A plan aims to dispense with the electronic platform at the end of this year.”

Al-Sudani stressed, according to the statement, that "it is possible to work in any development sector without reform steps for the banking sector, and the necessity of continuing the dialogue with the US Treasury, the US Federal Reserve, the International Monetary Fund, and other international financial institutions."

For his part, Klovsky praised "the efforts of the Iraqi government to activate, develop and rehabilitate government and private banks, and its procedures in the field of providing assistance to private Iraqi banks," stressing "its support for the activities of the Iraq Fund for Development and its readiness to provide expertise and assistance in the field of training, cooperation and partnership."

LINK

Iraqi Dinar update for 04/18/24 - No early election BY PIMPY

The US Ambassador Announces Loans Worth $50 Million To Support The Iraqi Private Sector, 19 APRIL

 The US Ambassador Announces Loans Worth $50 Million To Support The Iraqi Private Sector

Thursday 18, April 2024 23:10 | Economical Number of readings: 163  Baghdad / NINA / The US Ambassador to Baghdad, Elena Romanowski, announced loans worth $50 million to support the Iraqi private sector.

The US Ambassador said in a tweet on the X website: I am proud to announce an agreement to grant a loan worth $50 million from the US International Development Finance Corporation, with support from @USAID, to the benefit of the National Bank of Iraq @NBIRQ... This loan will provide opportunities for small companies by providing loans. At a low cost, which will contribute to supporting the Iraqi private sector.

She continued: The United States supports access to financing for first-time borrowers and Iraqi women entrepreneurs./End 9    https://ninanews.com/Website/News/Details?key=1121875