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Sun. AM KTFA News Articles 1-8-23

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KTFA

Clare » January 8th, 2023

No agreement with the region.. Expectations to settle the draft budget for 2023

01/08/2023

Parliamentary circles are leaking conflicting information regarding the fate of the draft budget for the year 2023, at a time when the negotiations of the delegations of the Kurdistan region are in place regarding the region’s share of it.

The government has completed the draft budget law, and it will be sent to parliament in conjunction with the start of the second legislative term, which will start its work on the ninth of this month, for the purpose of discussing and approving it,” Ali Turki, a representative of the Fatah parliamentary bloc, said in a press statement.

Turki added, “Confirmed information we obtained indicates that the Sudanese government has fully completed the draft budget law for the current year,” noting that “the government, in turn, will send the draft law to the House of Representatives for the purpose of discussion and approval.”

He explained, “The 2023 budget will translate the government program in the files of health, electricity, investment and infrastructure,” noting that “it is not ready to be referred to parliament.”

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Suleiman attributed the reasons for its lack of readiness “for discussion and approval, summed up in the fact that it needs to prepare paragraphs, including the region’s share, the exchange rate, and infrastructure allocations.”  LINK  

Henig » January 8th, 2023

The volume of trade exchange for Iraq mostly with four major countries in the year 2022

Baghdad / NINA / The trademap website, which provides a trade map for countries for exports and imports, considered that Iraq’s trade exchange was mostly with four major countries in the year 2022.

The website said in its statistics that “China, Iran, Turkey and the United Arab Emirates were the countries that exchanged the most trade with Iraq during the year 2022,” noting that “the exchange with these countries ranged between 20-50%.”

It added, “India, Saudi Arabia, South Korea, the United States, Germany and Italy were the countries that ranked second in trade exchange with Iraq, with a rate ranging between 1-5 percent.”

It pointed out that “Egypt, Russia, Australia, Canada, most European countries, Brazil and most Asian countries, including Japan, ranked third in trade exchange with Iraq, at a rate of 1%.”  LINK

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Source: Dinar Recaps

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