Browsed by
Tag: Finance Minister

Loan Worth a Billion Dollar Being Discussed With World Bank: Zebari

Loan Worth a Billion Dollar Being Discussed With World Bank: Zebari

Iraqi Dinar 123 News:– On Wednesday, the Iraqi Finance Minister Hoshyar Zebari issued a statement after meeting with the Director of the Iraq program and the team of the World Bank in order to provide a financial support for Iraq. The Iraqi Finance Ministry has confirmed that this financial support would be more than a billion U.S dollars for the reconstruction process in Iraqi liberated areas from the terrorists and Daash. The Finance Ministry also said in a press statement…

Read More Read More

Budget 2016 no More De Facto Budgets

Budget 2016 no More De Facto Budgets

The Iraqi Finance Minister Hoshyar Zebari said that we need next budget in 2016 because we are still managing and covering the deficit of 2015 budget. According to the statement issued by the Ministry of Finance indicated that the Iraqi Finance Minister arranged a meeting at the headquarters office in the ministry’s office with the Finance Committee regarding the preparation strategies for the Iraqi Federal Budget 2016-2018. The Economic Affairs Adviser to the Iraqi Prime Minister Muhammad Saleh, Ministry of…

Read More Read More

Zebari Visits Qatar to Bring Gulf Investment in Iraq

Zebari Visits Qatar to Bring Gulf Investment in Iraq

Iraqi Dinar 123 News: – The Iraqi Finance Minister Hoshyar Zebari met with the Finance Minister of Qatar Ali Shareef Al Emadi and discussed on the future cooperation in the economic and financial and commercial fields between the two countries. They also discussed on the importance of the common issues planned for Arab and International Forums. The Iraqi Finance Minister Zebari visited Qatar with a delegation headed by the Iraqi President. The Finance Minister also briefed about the 2015 budget…

Read More Read More

Stability Observed in Iraqi Dinar Exchange Rate

Stability Observed in Iraqi Dinar Exchange Rate

Iraqi Dinar 123 News:– Hoshyar Zebari confirms that Iraqi dinar exchange rate still remains stable, which is good sign for the investors, who are opting to invest in Iraqi dinar. This is correlated with the current downfall of the oil prices globally. There was a meeting held, where all of these major agendas were discussed along with the security, economic and political conditions of Iraq. In this way, it was discussed to improve the current situation in Iraq, and how…

Read More Read More

Budget Announcement to Set Iraq’s Financial Direction: Rafidain Bank CEO

Budget Announcement to Set Iraq’s Financial Direction: Rafidain Bank CEO

Iraqi Dinar 123 News:– It was announced by the ministry of Finance that they would improve the different issues related to those people who visit Iraq or come to Iraq to live or work need Aqahmas. Getting Aqahma easily is a good thing because it would attract people to come to Iraq looking for jobs. The CBI would be supporting this act of the ministry for a better and easier way for the immigrants. The cases need to be seen…

Read More Read More

Low Oil Prices and Iraq’s Economic Problems

Low Oil Prices and Iraq’s Economic Problems

Iraqi Dinar 123 News:– According to Iraqi finance minister: Iraq is facing many financial hardships in these days because of low oil prices in the international market are affecting Iraq exports revenue In this situation, major role of government departments of Iraq which are using Iraqi funds and increase their expenses. This is a wakeup time of government organizations in Iraq for minimize their expenses and participation in the development of Iraqi economy. Experts say increase in investment projects and…

Read More Read More

World Bank Must Increase The Funds For Development Projects

World Bank Must Increase The Funds For Development Projects

Iraqi Dinar 123 News:– It was announced by the Finance Minister of Iraq Hoshyar Zebari for World Bank to increase the funds that they are giving Iraq for the different investment projects. These projects are being managed by the Ministry of Planning and need a huge infrastructure to manage all these projects in a proper way. This is a good idea to manage out things in a good way because the funding has to be done from outside of Iraq….

Read More Read More

Bonds Are Moving in Iraq

Bonds Are Moving in Iraq

The treasury remittances were sold in Iraq in a public auction sale organized by ministry of finance. The bonds are issued at 500 billion Iraqi dinars for 182 days. According to initial report, there are eight beneficiaries for this project of auction sales. Central bank of Iraq assisted this auction to support Iraq budget. The amount collected from these bonds will be used to fulfill the budgetary gap that is pending for approval due to lack of funds required to…

Read More Read More