My FX Buddies Tish Washington

Iraq is preparing to establish a project that will change the oil map.. Will it affect energy producers?

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“One of the problems that the project may face is the refusal by some pivotal regional countries to hinder Iraq’s attempts to diversify Iraqi oil export outlets towards the West, in addition to the security pressures and stability problems that still constitute an obstacle to the completion and success of any Iraqi project, let alone About the possibilities of opening new outlets for corruption inside and outside Iraq due to the high construction costs.



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Parliament asks the Presidency to approve the budget schedules

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M/ Parliamentary decisiongood greeting ..We are sending you Parliamentary Resolution No. (64) of 2024, voted on in session No. (27), held on 6/3/2024 of the first legislative term, third legislative year.Fifth electoral cycle.with respectAccompaniments:Parliamentary Resolution No. (64) dated 6/3/2024 0


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The Iraqi Securities Commission signs an agreement with the World Bank

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"The goal of the agreement is to enhance and develop the investment environment in Iraq by improving environmental, social, and governance regulations and frameworks to comply with international standards, enhancing the ability to implement and supervise their implementation in Iraq, and contributing to increasing investment attractiveness in the Iraqi stock market environment."She continued: "To achieve this goal, there will be coordination with the Iraq Stock Exchange through the supervision of the Iraqi Securities Commission to develop an environmental, social and corporate governance guide to support improving the performance of listed companies, and put Iraq on the path towards a strong and sustainable economy."



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International Monetary Fund expects growth in the Iraqi economy
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The head of the International Monetary Fund mission in Iraq, Dr. Ghazi Shubaikat: There has been growth in the Iraqi economy in light of the reforms adopted by the government.

Shubaikat explained, in an interview with “Al-Sabah” followed by “Al-Eqtisad News”, that in conjunction with the reforms adopted by the government with the aim of creating realistic solutions to all economic problems, the Fund expects growth in the Iraqi macroeconomy, indicating that it sensed the seriousness of the Iraqi government in the field of achieving Economic reforms that strengthen the relationship with the Fund.

He added that the International Monetary Fund supports Iraqi reforms that achieve financial sustainability and keep Iraq away from any crises facing the oil market, especially since a country like Iraq needs large revenues to cover the needs of all sectors.


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Reconstructing Iraq: The role of banks in financing the future

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Germany's experience after World War II is an inspiring example of how banks can play a crucial role in the country's reconstruction. The KfW German Development Bank has contributed to financing many vital projects in Germany, such as rebuilding industrial and residential infrastructure, and providing financing for small and medium-sized companies.


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The House of Representatives sends the 2024 budget schedules to the Ministry of Justice - The Iraqi Facts
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The Prime Minister stressed that "Iraq has many investment opportunities presented to international companies, welcoming the participation of British institutions and companies in various sectors, especially the sectors of energy, industry, agriculture, and other vital sectors." 


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