Tues. AM TNT News Articles 7-12-22



The fate of Iraq’s smuggled money is linked to the pressure of rice.. The Americans’ password

The head of the Bayrak al-Khair bloc, Muhammad al-Khalidi, confirmed today, Tuesday, that influential Iraqi forces are obstructing the return of .the smuggled money abroad Al-Khalidi said to (Baghdad Today), “The volume of Iraqi money smuggled abroad after 2003 ranges from 300-350 billion dollars, according to the information, and there was a clear plan to retrieve it developed by the former candidate for prime “.minister, Muhammad Allawi, but it was not implemented

Al-Khalidi added, “Recovering the looted money is not impossible, especially since the password is in Washington because the US Federal Bank knows the reasons for the transfer of dollars from Baghdad to all countries of the world, and the places of their transfer can be determined with the click of a button, but unfortunately there are influential Iraqi forces that impede the return of those funds because they will be revealed Its involvement and the names of those who contributed to the looting and “.smuggling of funds abroad

He pointed out that “Iraq needs a government with an economic content to save the country from its worsening crises and contribute to returning the smuggled and looted money to the country’s treasury and putting an end to the rampant corruption file in state institutions, which represents a challenge no less dangerous than “.terrorism and its extremist ideas   link

A deputy reveals the possibility of {the slimming of the government}

A member of the Parliamentary Finance Committee, Jamal Kougar, revealed today, Tuesday, the possibility of the upcoming “curvature of the government.”

Cougar told {Euphrates News}, that “there is a possibility to streamline the government after the withdrawal of blocs and parties from the political process,” noting that “each licensing process has economic benefits, as every ministerial distribution has its financial costs, and thus littering will save many money.”

He added: “In addition to the political aspects that contribute to creating a strong opposition and a strong government so that we can correct the path, it is also possible to combine a strong government and a strong popular opposition by preventing that these parties go to support the citizen by putting pressure on the government to correct.   link

The Central Bank calls for the establishment of a sovereign fund “after the financial abundance”

The Central Bank of Iraq called for the establishment of a sovereign fund, after the financial abundance, while it was considered that the currency auction is a channel to provide hard currency for the imports of foreign traders.

The Deputy Governor of the Bank, Ammar Khalaf, said in an interview with Shafak News Agency, “We call for the necessity of establishing a sovereign fund, especially to benefit from the financial abundance of the state.”

He added that “the decision to establish such a fund remains affiliated with the Iraqi government and the Ministry of Finance in the first place,” noting that “it is possible for the central bank to contribute to the management of this fund.”

On the other hand, Khalaf considered that “the currency auction is a channel for providing foreign currency for traders to cover their imports of foreign goods, in addition to covering travelers’ expenses through banks and exchange companies.”

Iraq is one of the countries that benefited most from the rise in oil prices globally during the past months, and the reason is that most of Iraq’s financial resources come from oil. Iraq’s oil revenues amounted to 11.4 billion dollars last May, and last June 11.5 billion dollars.

Putin will visit Tehran next week

Head of the Economic Committee of the Islamic Consultative Assembly (Iran’s parliament), Mohammad Reza Pour Ibrahimi, said that Russian President Vladimir Putin will visit Tehran next week.

Today, Tuesday, IRNA quoted Pour Ibrahimi, who visited Moscow with the governor of the Central Bank of Iran, as saying that Russia is serious about expanding its economic relations with Iran, adding that planning for this goal will be at the top of Putin’s agenda during his meeting with leaders. Iran.

He added that US and European sanctions against Russia are increasing Russian interest in economic and commercial dealings with Iran.  link

Source: Dinar Recaps


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