Why will Iraq become one of Trump's "priorities" in the coming period?

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Political researcher Ahmed Al-Yasiri predicted, on Friday (December 13, 2024), that major changes will take place in the Middle East region after Donald Trump assumes the presidency of the United States of America. Al-Yasiri said in an interview with Baghdad Today, "Trump is planning major changes in the Middle East region, and therefore the region is entering a new phase, and Iraq will be at the forefront of these changes in terms of the security and economic reality.

Al-Hakim: Kirkuk will get its due in the 2024 budget

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The head of the National Wisdom Movement, Ammar al-Hakim, held a press conference in Kirkuk on Wednesday, during which he confirmed that support for the governorates will be present in the 2024 budget and Kirkuk will receive its due share. Al-Hakim said during the conference, during his meeting with a number of members of the provincial council, heads of administrative units, directors of service departments, and security leaders in the province, in the presence of Governor Ribwar Taha, his deputies, and the head of the provincial council, Engineer Muhammad Ibrahim Al-Hafez, that “Kirkuk is an icon of Iraqi coexistence and the key to consolidating national unity.”

Mazhar Mohammed Saleh: Iraq's economy, financial flows and trade relations will not be affected by events in Syria

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Regarding the impact of the events in Syria on the exchange rate of the dollar in Iraq, Mazhar Muhammad Salih stated that “the current events are in Syria, not Iraq,” adding that “the problems in Syria may affect some of the simple border trade known, or which is civil or related to the tourism sector, and some simple problems and disturbances may occur, but they are not major disturbances.”

Ernst & Young reveals the completion rate of the Rafidain Bank restructuring project

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The World Bank's Regional Director in Iraq, Emmanuel Salinas, explained the reality of work on this project, in which he presented the opportunities available within the banking work environment in Iraq and the mechanism for developing the restructuring plan in its operational and financial aspects. While Firas Kilani, an expert in the restructuring project from Ernst & Young, explained that the project has made great progress since its inception in September 2024 and has currently reached 74%, and the next phase of the scope of work will be completed at the end of this month, moving to an advanced stage in this project.

Economic Center Calls for a Comprehensive Review of Banking Operations in Iraq

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The director of the center, Wissam Al-Helou, said in a statement received by Shafak News Agency, that there are indicators confirming the urgent need to reconsider the work of government and private banks, and the modern and advanced technological changes that the world is witnessing, which have begun to cover the banking sector in most countries of the world. He added, "To be fair, there are some operating banks, and very few government and private banks, which constitute one or two percent, whose managements are working to develop and keep pace with their work in a manner consistent with the financial and economic situation in the country, and linking them to the global banking system."

Al-Alaq: Our critical position is very excellent

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Al-Alaq announced the Central Bank's success in implementing the transition plan for "foreign transfers, in line with international practices and standards, and that it is currently taking place smoothly and transparently - especially covering imports at the official exchange rate - which leads to general stability in prices." Regarding the (Riyada) Bank, the Governor of the Central Bank said: "The (Riyada) Bank will be contributed by Iraqi banks and supported by the Central Bank itself in order to diversify the production base, reduce unemployment levels, and provide basic pillars for sustainable development with the support of specialized international organizations.

Rafidain Bank announces suspension of credit activity in the middle of next month

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The bank confirms that due to the approaching end of the fiscal year and for the purposes of the annual application and to make room for the liquidation of the suspended assets, preparing the annual statistics and inventory, and organizing the budgets, all types of credit activity will be suspended on 12/15/2024, and loan applications and other banking services will not be promoted.

Soon.. Exchange companies will recover again and resume their work

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The financial market is witnessing Iraq A gradual shift in the economic landscape as we approach return Exchange companies work to the fore.These companies, whose business had previously declined due to tight monetary policies and restrictions on foreign currency auctions. And soon it is heading towards recovery with increasing⁠Hadith⁠On easing restrictions and resuming activity in currency auctions run by the central bank⁠Iraqi⁠. Observers and economic experts confirmed that "over the past years, currency auctions organized by the Central Bank have played a role in⁠Iraqi⁠A major role in providing the US dollar to the local market, as this mechanism is used to support the stability of the dinar.⁠Iraqi⁠And ensure that import needs are met.

Al-Alaq: The monetary situation in Iraq is excellent and our reserves support the stability of the exchange rate

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Al-Alaq added in a press statement that the Central Bank is distinguished by its ability to "respond to providing the country's needs for currency," indicating that "foreign transfers for trade purposes are proceeding smoothly after the implementation of the new system." Al-Alaq revealed that "the Central Bank will launch a new mechanism for travel or treatment transfers next year," stressing that "there are agreements with four companies to launch a new mechanism for travel or treatment transfers."

Finally! .... A Budget Update! A Great CBI Article

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The House of Representatives announced, today, Sunday, its agenda for Tuesday's session. The media department of the House of Representatives stated in a statement received by the Iraqi News Agency (INA): “The agenda of Tuesday’s session included 5 paragraphs, and the following is the text of the agenda: