Thurs. AM-PM TNT News Articles from Iraq 4-27-23



Thursday Morning

Next week .. the launch of a new experience in the world of government and private banking

Next week, financial inclusion activities will start under the auspices of the Central Bank of Iraq and the Association of Private Banks.

The banking sector is preparing to participate in the activities of the Financial Inclusion Week, to be launched next week, under the auspices of the Central Bank of Iraq and the Association of Private Banks.

Many governmental and private banks participate in the events, which showcase banking services to customers, the use of electronic payment tools, pos devices, and the culture of electronic payment, which the government seeks to generalize the experience to all private and public sector institutions.   link

Iraq disrupts official working hours on Monday on Labor Day

Shafaq News / Iraqi Prime Minister Mohammed Shiaa Al-Sudani directed to disrupt official working hours on the first Monday of next May in conjunction with International Labor Day.


This came in a brief statement issued by his media office and received to Shafaq News.

May 1 marks International Workers’ Day, an occasion that the world’s workers celebrate and demand their rights.

The story of International Labor Day began in Australia, where workers began to go out in demonstrations on April 21, 1856 to demand that 8 hours a day be set for work, followed by demonstrations every year of that day in order to fulfill their demand.

On May 1, 1886, more than 340,000 Americans announced the departure of work and the strike, and workers’ protests came under the attack of police forces on May 4 in the city of Haymarket, resulting in the loss of many workers’ lives.

In 1889, the World Workers’ Congress was held, 400 delegates attended this conference, and a decision was made to set 8 hours a day to work.

The conference approved the proposal of the representative of the workers of the French city of Bordeaux La Vigne to designate May 1 as International Workers’ Day, and the celebration of this day began from 1890 to the present day.

This day has become part of the culture of all countries of the world.


Al-Alaq and the Minister of Finance put Al-Sudani in the latest developments in the file “digitization of salaries and government spending”

Baghdad – Iraq today:

Prime Minister Mohammed Shia Al-Sudani chaired a meeting of the Committee for the Localization of Salaries and the Unified Treasury Account, in the presence of the Governor of the Central Bank of Iraq, the Minister of Finance, the Prime Minister’s advisers, the general directors of Al-Rafidain, Al-Rasheed and Iraqi Trade Banks, and a representative of the Federal Financial Supervision Office.

During the meeting, according to a statement by his media office, Al-Sudani listened to “a briefing by the Minister of Finance on the ministry’s procedures regarding the unified public treasury system, the progress of the process of localizing the salaries of state employees, and the procedures related to the application of the electronic payment points system (POS).”

“The delay in implementing the unified treasury account over the past years has caused many cases of corruption and abuse of public funds, the latest of which was the crime of stealing tax guarantee funds (theft of the century),” al-Sudani said.

He stressed “the need to address the matter by applying the unified treasury system to reduce corruption, pointing out that the continuation of the current situation makes the state unaware of the amount of its balances and accounts or the number of its employees.”

The prime minister stressed that “anyone who works to obstruct this project is a contributor to covering up corruption.”

Al-Sudani directed “to speed up the preparation of new standards, including the largest number of electronic payment companies, which number about 16 companies, and to contract with companies that provide better services at a lower cost.”

He also directed “the formation of a committee of representatives of ministries, governorates and government banks to install electronic payment points (POS) in all institutions, and to use international experiences and foreign expertise to support the project and encourage citizens to adopt it and deal financially through it.”

The workers of the oil, gas and petrochemical sectors announce a strike for three demands


“Tansueh Irani” newspaper shed light on the coordinated protests and strikes carried out by workers in the oil, gas and petrochemical sectors in Iran, and said that given the conditions and problems that these workers were suffering from, the occurrence of these strikes was expected.  

The newspaper interviewed the representative of the workers in the Supreme Council of Labor, Ali Kadkhadai, who criticized the government’s policies towards the segment of workers who endure harsh conditions to continue working, and are deprived of many benefits and rights due to the intransigence of officials in changing their working conditions and promoting them from temporary workers and short contracts. Term to permanent and official workers.  

“The recent strikes in the gas, oil and petrochemical sector are the result of Al-Awja’s policies by the government,” Kadkhadai added.  

Regarding the workers’ basic demands, Kadkhadai said that the workers’ demands are summarized in 3 main axes: job security, livelihood, and allowing the formation of trade unions and federations that demand their rights and make their voices heard.   link

Source: Dinar Recaps

Thursday Afternoon

Economist: The measures of the government and the Central Bank curbed the dollar fever in Iraq

Information/Baghdad…Economist Bassem Antoine confirmed on Thursday that the measures of the government and the Central Bank of Iraq curbed the fever of the rise in the exchange rates of the US dollar against the Iraqi dinar in the local market.

 Antoine said in a statement to Al-Maalouma agency, “The measures of the government of Muhammad Shia’a Al-Sudani and the Central Bank of Iraq regarding the file of the dollar’s exchange rate hike against the dinar have taken their place in preserving the value of the local currency.” 

He added, “The steps of the government and the Central Bank contributed to stopping the process of the rise of the dollar ,in addition to providing it in the local market through the electronic platform system, and obliging all licensed banks and banking companies to work accordingly.” Where it was rumored that the exchange rate of one hundred US dollars would reach 200,000 Iraqi dinars.


The exchange rates of the dollar against the dinar witnessed, during the current week, stability at the exchange rates of the dollar in the local markets in all governorates of the country, as the selling price reached 141,000 dinars per 100 dollars, while the prices of The purchase is 139,000 dinars for every 100 dollars, in the capital, Baghdad. 

Iraq and Mexico agree to establish the Parliamentary Friendship Committee between the two countries

Iraq and the United States of Mexico agreed to establish the Parliamentary Friendship Committee between the two countries.

The Ministry of Foreign Affairs stated in a statement that Mawazine News received a copy of, that “the Iraqi side was represented in the ceremony announcing the formation of the committee that took place at the headquarters of the Mexican House of Representatives, the interim Chargé d’Affairs of the Republic of Iraq to Mexico, Ali Issam Abd Ali

And on behalf of the Mexican side, the head of the Friendship Committee Representative Manuel Alejandro Robles Domínguez, and in the presence of the Chairman of the Foreign Relations Committee of the Mexican Chamber of Deputies, Representative Alfredo Vietman Banyoles, many of the 17 members of the Committee, and the Head of the Africa, Central Asia and Middle East Department of the Mexican Ministry of Foreign Affairs, Ambassador Jose Octavio Trippe.

The two sides stressed, “the common desire to develop parliamentary relations between the two countries, build bridges of trust, coordination and joint cooperation, and for parliamentary diplomacy to play its role in this field alongside governmental diplomacy, in order to develop relations between the two friendly countries and start from the historical legacy of this relationship.”  link

Source: Dinar Recaps


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