Economic Advisor to The Prime Minister: 83% of The Monetary Mass is Almost Idle

Economic Advisor to The Prime Minister: 83% of The Monetary Mass is Almost Idle

{Baghdad: Al Furat News} The economic advisor in the cabinet, Dr. Mazhar Muhammad Salih, proposed a set of solutions aimed at confronting the fiscal deficit in the next year 2021 budget, which was initially estimated at approximately 35 trillion dinars, putting at the forefront of these proposals, financing the deficit gap through Improvement in oil […]

Increase in Non-Oil Revenues

We Expect an Increase in Non-Oil Revenues to Cover 25% of Next Year’s Budget

Financial Adviser to the Prime Minister: The new morning – agencies: The financial advisor to the prime minister, Mazhar Muhammad Salih, expected yesterday, Tuesday, that the country’s non-oil revenues will increase to reach 25 percent of next year’s budget, based on the decisions of the meeting of the Council of Entities not affiliated with the […]

Currency Auction Sales

Currency Auction Sales Drop to $120 Million

The Central Bank of Iraq announced today, Monday, that its sales in the currency auction had decreased to 120 million dollars. The Central Bank of Iraq witnessed during its auction for the sale and purchase of foreign currencies today, a decrease in its sales to reach 120 million and 821 thousand dollars covered by the […]

An Iraqi Oil Company Invests More Than $3 Billion in Iraq

An Iraqi Oil Company Invests More Than $3 Billion in Iraq

Majid Jafar, CEO of the Iraqi-based Crescent Petroleum, said on Tuesday that the company is investing more than $ 3 billion in Iraq. He added during a meeting in a conference in Abu Dhabi, “We have invested more than three billion dollars in Iraq over the past ten years, and this rate is increasing.” In […]