Iraqi Minister of Finance talk to the Media on the current Financial Situation.

The Iraqi News Agency (INA) opens (6) files with the Minister of Finance, including converting contracters and lecturers into employees and the 2022 budget Minister of Finance Ali Allawi revealed, today, Monday, that the total amount of the Food Security Law is subject to amendment, and while he settled the controversy over the file of the lecturers and their fate with turni

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Finance Ministry, World Bank agree on a road map concerning tax system

Ministry of Finance and the World Bank agreed Tuesday on a roadmap for the tax system. Media office of the Ministry of Finance stated in a statement received by the Iraqi News Agency (INA), that “under the guidance and follow-up of the Minister of Finance, Ali Abdul Amir Allawi, and based on the agreement between the Iraqi Ministry of Finance and the World Bank, related to t

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Iraq Moves to Implement Court Rule on Kurdistan Oil Operations

By Khalid Al Ansary Iraq said it will start implementing a court ruling that gives the federal oil ministry oversight of Kurdish production after failed talks with officials from the semi-autonomous region. The Oil Ministry didn’t reach an agreement with the Kurdistan Regional Government over oil output and exports after 75 days of talks, Oil Minister Ihsan Abdul Jabba

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Iraq seeks ‘technical assistance and moral support’ for reform programme

Country’s economy is gradually recovering from the twin shocks of Covid-19 and the collapse in oil prices in 2020 Fareed Rahman Iraq, Opec’s second-largest oil producer, is seeking “technical assistance and moral support” from the international community for its reform programme as it seeks to boost its economy amid higher crude prices. “We do not urgently need financial

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Iraq’s water reserves fall 50 per cent after river diversions and dry spell

Harsh summer forecast but government says supplies for drinking and irrigation will be fine Sinan Mahmoud Iraq’s water reserves are down by half from a year ago because of poor rainfall and restricted flows in its two main rivers, the Ministry of Water Resources said on Thursday. But the reserves will be enough to meet the demand for drinking water and for irrigating orc

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