Thurs. AM TNT News Articles from Iraq 5-4-23



The Central Bank of Iraq imposes nearly 35 billion dinars in fines on banks that manipulated the exchange rate

Today, Thursday, the Central Bank of Iraq imposed financial fines on banks and institutions after they manipulated the exchange rate of the dollar against the dinar.

According to the schedule of penalties issued by the bank, fines of more than 34 billion dinars were imposed on banks and non-bank financial institutions for the first quarter of 2023, in addition to directing warnings and warnings after their manipulation of dollar exchange rates.

The Central Bank of Iraq announced, on Monday, January 19, a package of decisions that would restore the foreign currency market to its normal position after the rise in it. link

Parliamentary calls for the government to expel the US ambassador because of its blatant interference

Information / Baghdad.

MP for the Conquest Alliance, Rafik Salhi, on Thursday, the government and the Ministry of Foreign Affairs to put an end to the movements of the US ambassador and keep her away from Baghdad, indicating that the ambassador’s movements went out of diplomatic controls and customs.


Al-Salhi said in a statement to Al-Maalouma that “the role played by the US ambassador in Baghdad is contrary to international diplomatic norms, as it interferes in all internal joints of the government and political affairs by holding several meetings with Iraqi politicians and government ministers without the knowledge of the Ministry of Foreign Affairs as is internationally recognized.”

He added, “The Ministry of Foreign Affairs is required today to neutralize the ambassador’s movement, and if she does not comply with the behavior of diplomatic action set by the United Nations, then it is required to inform the US State Department, at the very least, of her replacement or expulsion, to be an example to those who will succeed her.”

The US ambassador’s tours of Iraqi ministries, institutions, and provinces sparked a wave of criticism, especially with her statements of political leanings and support for corrupt parties.

In cooperation with the World Bank, an agreement was signed to launch chemical pollution reduction projects at a value of $20 million

The Ministry of Environment signed an agreement to launch chemical projects in cooperation with the World Bank and with the support of the Global Environment Facility (GEF), amounting to 20 million dollars, which includes the launch of two important projects to reduce the effects of chemical pollution in Iraq.

Environment Minister Nizar Amidi said, during the official announcement of the signing of the agreement today, Thursday, that “these two projects are the highest in international support from the World Bank and the Global Environment Facility, bringing the total financial support as a grant to $20 million, focused on two axes, the first of which is the start of the activities of the implementation plan.” The Stockholm Convention on Persistent Organic Pollutants, to which Iraq officially joined under Law 45 of 2015, as this project will be implemented in coordination with all national partners in the Ministries of Electricity, Agriculture, Industry, Minerals and Municipalities.

In turn, Adviser to the Prime Minister for Environment and Climate Affairs, Ali Al-Lami, confirmed that “the project will focus on the safe environmental disposal of expired and damaged pesticides in some stores of the Ministry of Agriculture, as well as sacral oils and transformers contaminated with this oil amounting to 1,300 tons, with full institutional support for all relevant ministries to implement The Stockholm Agreement, preparing strategies, updating relevant laws and legislation, and rehabilitating laboratories to develop the possibility of conducting analysis and measurements of persistent organic pollutants.


He added, “The other activity is the highly polluted sites project in the liberated areas / the second phase, where the Ministry will complete, with the precedence and support of the World Bank, the first phase, which included the evaluation of dozens of highly polluted sites in 6 governorates after their liberation from the terrorist ISIS, and in the light of the results of the evaluation in the stage.”

The first will be selecting sites for environmental cleaning and rehabilitation in a way that enhances the support of local communities to restore stability to these areas and provide a clean and safe environment for the continuation of reconstruction work in the liberated governorates. We also hope that the two projects will be implemented with logistical and technical support from the United Nations Development Program. link

Source: Dinar Recaps


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