Day: December 15, 2022

Baghdad The media office of the Prime Minister issued a statement regarding the exchange rate of the dollar against the Iraqi dinar.

The office stated in a statement that: The government confirms its commitment to maintaining the stability of the local market, by supporting the stability of the exchange rate of the dollar against the Iraqi dinar, and it supports the steps of the Central Bank in this regard.

The statement added that the government clarifies that the rise in the exchange rate is temporary as a result of changing the mechanism by which the window for selling foreign currency in the Central Bank operates, and it reassures all citizens that the financial situation of Iraq is in its best condition.

The government stressed to all dealers, including investors and merchants, the need to cooperate with banks and the central bank by working in accordance with the commercial contexts in force globally, and importing under documentary credits, as it provides a guarantee for the importer, preserves his rights, insures the imported goods, and enables him to benefit from banking facilities to cover the value of the credit.

Source: National Iraqi News Agency

Baghdad The Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul-Ghani, affirmed the government’s keenness to accelerate the implementation of energy and water resources projects.

A statement by the Ministry of Oil stated, “The Minister of Oil stressed, during his presidency of the second meeting of the Ministerial Council for Energy, the keenness of the government and the Ministerial Council for Energy to accelerate the implementation of vital and strategic projects for the oil sectors and the investment of gas, electricity and water resources, in implementation of the axes of the government program.”

The statement added that “the meeting discussed the issues and files included in the council’s agenda, and took the appropriate decisions in this regard, noting that the meeting was attended by Ministers of Finance, Taif Sami, Electricity Minister Ziyad Ali Fadel, Water Resources Minister Aoun Diab, members and rapporteur of the Ministerial Council for Energy, and the Director of the Media Office.”

Source: National Iraqi News Agency

Baghdad The Minister of Construction, Housing and Public Municipalities, Bengin Rikani, met Ibrahim Dajani, Director of the Transport Sector at the World Bank for the Middle East and North Africa.

During the meeting, emphasis was placed on the continuation of joint cooperation between the Ministry and the World Bank. They also discussed Roads and bridges projects, especially future plans to develop road networks in Baghdad and rehabilitate the main bridges therein, in addition to reviewing the completed and ongoing highway projects to be funded by the World Bank.

Source: National Iraqi News Agency