Monday, November 18, 2024
Al-Atwani To The French Embassy Delegation: Halting External Borrowing Indicates An Improvement In Iraq’s Financial Policy, 18 NOV
Al-Atwani To The French Embassy Delegation: Halting External Borrowing Indicates An Improvement In Iraq’s Financial Policy
Money and business Economy News – Baghdad The head of the Finance Committee, Atwan Al-Atwani, explained on Sunday, during his meeting with the French embassy delegation, that the cessation of external borrowing indicates an improvement in Iraq's financial policy.
A statement issued by the media office of the Council of Representatives, and seen by "Economy News", stated that "the head of the Finance Committee, Atwan Al-Atwani, received a delegation from the Economic Attaché at the French Embassy in Baghdad."
The statement continued, "During the meeting, the financial and economic situation in the country was reviewed, in addition to the role of the Finance Committee in monitoring spending and implementing the items of the general budget.
" Al-Atwani pointed out "the priorities that his committee is currently working on, most notably maximizing non-oil revenues to avoid the risks of fluctuations in global oil prices on the Iraqi economy, in addition to preparing a package of important legislation that would bring about a qualitative shift in the financial and banking sector."
He explained that "the decline in foreign borrowing indicates an improvement in our financial policy," noting that "the decline in foreign debts came after conducting a comprehensive review of the feasibility of these loans, as we stopped them and began to pay off the old ones, and we obligated that borrowing be only for productive projects that achieve a financial return and not for consumer sectors."
Al-Atwani called on French companies to "enter the Iraqi market forcefully, especially since they have previous successful experiences in implementing strategic projects."
He pointed out that "the provisions of the general budget gave the government the opportunity to encourage foreign companies to invest their money in the country by providing sovereign guarantees."
For his part, the French delegation expressed its happiness with this fruitful meeting, stressing "his country's desire to strengthen relations in various development fields with Iraq in a way that achieves the interests of the two friendly peoples." https://economy-news.net/content.php?id=49929
"AND HE ALSO EXPLAINED ABOUT LIFTING THE ZEROS TO THE IRAQI CITIZENS" BY FRANK26, 19 NOV
KTFA
FRANK26: "AND HE ALSO EXPLAINED ABOUT LIFTING THE ZEROS TO THE IRAQI CITIZENS"....F26
11/17/2024
Baghdad - I.A.
President of the Republic, Abdul Latif Jamal Rashid, stressed today, Sunday, the necessity of developing a future strategy for financial policy.
The media office of the President of the Republic stated in a statement received by the Iraqi News Agency (INA), that"President of the Republic, Abdul Latif Jamal Rashid, received, at the Baghdad Palace, the Governor of the Central Bank, Ali Mohsen Al-Alaq."
He explained that "during the meeting, plans were reviewed to reform and develop the government and private banking sector, and support the work of the Central Bank, to enhance financial stability and achieve economic development."
The President stressed the "need to develop a future strategy for financial policy according to clear, transparent standards that contribute to developing the services provided to citizens and building a solid banking sector."
In turn, Al-Alaq reviewed the Central Bank’s plans and procedures aimed at developing the banking sector to play its role in facing economic challenges.
"TEST RATES" ON THE DINAR AND DONG ARE 100% LEGIT BY MIKE BARA, 18 NOV
Mike Bara
Foreign investors in Iraq have just confirmed that yesterday's "test rates" on the Dinar and Dong are "100% Legit."
I'm starting to get excited. 11.17.24
The President Of The Republic Stresses The Need To Develop A Future Strategy For Financial Policy According To Transparent Standards, 18 NOV
The President Of The Republic Stresses The Need To Develop A Future Strategy For Financial Policy According To Transparent Standards
Sunday 17 November 2024 13:06 | Economic Number of readings: 209 Baghdad / NINA / President of the Republic Abdul Latif Jamal Rashid stressed the necessity of developing a future strategy for financial policy according to transparent standards.
The media department of the Presidency of the Republic stated in a statement that "President of the Republic Abdul Latif Jamal Rashid received at the Baghdad Palace, Governor of the Central Bank Ali Mohsen Al-Alaq.
" It added that "during the meeting, plans were reviewed to reform and develop the government and private banking sector, and support the work of the Central Bank, to enhance financial stability and achieve economic development."
According to the statement, the President of the Republic stressed the necessity of developing a future strategy for financial policy according to clear transparent standards that contribute to developing the services provided to the citizen, and building a solid banking sector.
In turn, Al-Alaq reviewed the plans and procedures of the Central Bank aimed at developing the banking sector to play its role in facing economic challenges. / End 11 https://ninanews.com/Website/News/Details?key=1169498
IRAQ STATUS FROM REINALDO JC, 18 NOV
REINALDO JC
