Al-Sudani: The Iraqi dinar is strong and we will not allow its collapse
Prime Minister Muhammad Shia al-Sudani affirmed that the Iraqi dinar is strong and we will not allow its collapse.
Al-Sudani said in a televised interview with Al-Hadath channel, followed by “Al-Iqtisad News”, that the Iraqi dinar is strong and we will not allow its collapse, and this confidence came from the good economic situation, as the revenues are the highest in the history of Iraq, and our balance has reached more than 100 billion dollars.
He warned exchange companies and other parties against selling the dollar at a price of more than 1,320 dinars, explaining that the current dollar problem is concentrated in some merchants, companies and small traders who were accustomed to transfers without import requirements, including the establishment of a company, the import license and the payment of customs taxes.
He added that private banks have a role in development and contribute to the process of financing and lending to investors and businessmen to establish projects, and that some private banks work properly and we help them as a government because there is no development without banks and without a banking system. link
Deputy: The 2023 budget will be radically different from its predecessors
Representative Ziyad Al-Janabi confirmed, on Tuesday, the current year’s budget differs from its predecessors, noting that the government of Muhammad Shia’a Al-Sudani would stimulate the Iraqi economy.
Al-Janabi said in an interview with Al-Maalouma Agency, “The draft budget for 2023 differs from previous budgets in terms of form and content,” adding that “the government program is real and realistic and does not accept the ijtihad of some corrupt people.”
He pointed out that “the 2023 budget will differ from its predecessors, with the presence of an investment component commensurate with the new government program to provide services.”
He continued, “There are understandings between the government and the legislative institution to provide the best services to the Iraqi citizen during the next stage.”
A member of the Parliamentary Finance Committee, Mueen Al-Kazemi, had estimated, in a statement to Al-Maaloumah, the general budget for the year 2023 at 170 trillion dinars, stressing that the coming days will witness the arrival of the budget to the House of Representatives. link
A list of governorates that have suspended the official working hours for tomorrow, Wednesday
Baghdad – Nas
Several Iraqi provinces announced the suspension of official working hours for tomorrow, Wednesday, on the occasion of the Shabani visit.
The following is a list of governorates that have been disrupted:
Sudanese succeed in overcoming American obstacles by contracting with Chinese companies and solving the dollar crisis
Prime Minister Mohamed Shia Al-Sudani continues to launch service projects and solve the bottleneck crisis in the capital by contracting with Chinese companies to complete future projects, as well as taking decisions related to the dollar exchange rate and financial transactions, in a step that has been exceeded.
US pressure towards the dollar file and contracts with China, thus achieving the desire of the demanding people to provide a decent life, get rid of high prices, and solve the road crisis and traffic jams.
The leader in the coordination framework, Ali al-Fatlawi, told Al-Maalouma, “The Sudanese succeeded in overcoming many difficulties that America set before his government, including the dollar file, the Chinese file, and other important files, as America today is not America yesterday, as it became clear to all the international community that the market Now it is witnessing a state of great competition, especially between the American-European market and the Chinese-Russian-Iranian-Indian market.
The acceleration towards the economic summit began, in which it became clear that the Asian side was ahead of it, and therefore the developments about what was mentioned indicate that the Sudanese was able to take advantage of the repeated cases in the Asian region, such as Saudi Arabia and the UAE In order to enter the Chinese market and break the American veto.
On the other hand, Ali Al-Zubaidi, a member of the Al-Fatah Alliance, told Al-Maalouma that “Al-Sudani managed to put things back in order, despite the fact that there are American political and military interventions and hegemony, as US Ambassador Elena Romansky continues her interventions in many files, as the The continuation of American interventions will not bring good to Iraq, unless there is a purely Iraqi decision away from any foreign and American interference in particular.
On the other hand, political analyst Hazem Al-Bawi said, during his interview with Al-Maalouma, that “the government’s emphasis on direct dealing in trade exchange with China in the (yuan) currency represents a preemptive blow to the American conditions that Washington intended to put forward soon, as all the assurances issued Many parliamentary circles indicated the intention of the US administration to impose a set of conditions on the Prime Minister, Muhammad Shia’ al-Sudani, during his upcoming visit to Washington.
However, the government seems to have noticed this plan and has worked to introduce the Chinese currency as a currency in circulation between Baghdad and Beijing, which represents one of the most important of these steps. Proactive measures to prove Iraq’s eligibility to diversify its economic relations.
Source: Dinar Recaps
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