Thursday, July 3, 2025
The Central Bank of Iraq announces a decrease in domestic debt
The Central Bank of Iraq announces a decrease in domestic debt
The Central Bank of Iraq announced today, Thursday, a slight decrease in domestic public debt by the end of April 2025.
The bank stated in an official statistic that "Iraq's domestic public debt fell at the end of April of this year to 85 trillion and 503 billion Iraqi dinars, down from 85 trillion and 536 billion dinars in March."
The bank added that "the decline was a result of repayments of loans to financial institutions, which reached $19 trillion and 119 billion, down from $19 trillion and 152 billion."
He pointed out that "the remaining debts are owed by the Ministry of Finance, amounting to 756 billion dinars, and treasury transfer debts at the Central Bank and commercial banks, amounting to 51 trillion and 30 billion dinars, in addition to treasury transfers on behalf of the Ministry of Finance amounting to 2 trillion and 30 billion dinars, and national term debts due to farmers amounting to 12 trillion and 568 billion dollars." link
WE'RE OFFICIALLY IN THE WINDOW FOR IRAQ TO DROP THE NEW RATE ON THE GOV WEBSITE!!!
We're officially in the Window for Iraq to drop the New Rate on there Government Website
The Iraq Stock Exchange is closed on Sunday, coinciding with the tenth of Muharram
The Iraq Stock Exchange is closed on Sunday, coinciding with the tenth of Muharram.
The Iraq Stock Exchange announced on Wednesday that it would suspend its activities for one day next Sunday, coinciding with the tenth day of Muharram.
The market stated in a statement received by Shafaq News Agency, "Based on the Cabinet's decision to declare an official holiday for one day on the occasion of the tenth of Muharram, market activities and trading sessions will be suspended for one day."
He added, "The holiday will start on Sunday, July 6, and trading sessions will resume on Monday."
It's worth noting that the Iraq Stock Exchange holds five trading sessions per week, from Sunday to Thursday, and lists 103 Iraqi joint-stock companies representing the banking, telecommunications, industry, agriculture, insurance, financial investment, tourism, hotels, and services sectors.
Sunday, July 6, 2025, is an official holiday for all ministries and government institutions, coinciding with the tenth day of Muharram, the anniversary of the killing of Imam Hussein ibn Ali, the grandson of the Prophet Muhammad and his daughter Fatima al-Zahra, according to the Iraqi official holiday calendar.
The Cabinet Affairs and Committees Department at the General Secretariat of the Cabinet clarified in a statement yesterday, Tuesday, that the holiday came based on the provisions of Article (1/First/C) of the Official Holidays Law (12 of 2024).
Shia Muslims commemorate the martyrdom of Imam Hussein, his family, and his companions in the Battle of Karbala at the hands of the army of the Umayyad Caliph Yazid ibn Muawiyah in the year 61 AH (680 AD). The commemoration continues until the Arbaeen pilgrimage, forty days after the Day of Ashura. link
MNT GOAT : '" AL-SUDANI: "MADE IN IRAQ" IS A NATIONAL PROJECT WE ARE COUNTING ON."
MNT GOAT
"AL-SUDANI: "MADE IN IRAQ" IS A NATIONAL PROJECT WE ARE COUNTING ON."
"THE NEXT PHASE: "Prime Minister Mohammed Shia al-Sudani inaugurated, on Wednesday, the Construction Cooperation Center (Construction Basket), which was implemented by the General Company for Construction Materials Trade at the
Ministry of Trade, in partnership with the private sector." "He explained that sovereign guarantees for the private sector focused on industrial sectors, with facilities for investors in constructing various factories.
He emphasized the continuation of work with the Federation of Industries and Contractors, and the empowerment of the private sector as a partner in meeting market needs and providing job opportunities. Al-Sudani concluded by pointing out the need to extend this experience to other governorates, starting with
Nineveh and Basra."
....... Choo-Chooo.........
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