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Economist Nabil Al-Marsoumi reported on Saturday that the “ASYCUDA” system implemented by the Iraqi government has led to a decline in commercial transactions and a decline in customs revenues, calling for urgent dialogue sessions with chambers of commerce to reach...
On Saturday, the Eco Iraq Observatory, which specializes in economic affairs, revealed the government’s intention to raise the prices of oil derivatives, in a step aimed at maximizing state revenues, warning of possible repercussions on citizens and market movement. The Observatory explained in a statement that consumption of...
The member of the Iraqi Parliament for Basra Governorate, Abdul Amir Al-Mayahi, warned of a sharp deterioration in the water salinity crisis in the governorate, stressing that the budget allocated to solve the problem had failed to achieve its goals and that the situation had become unbearable from a health standpoint...
In a step that reflects the escalation of the supervisory role within the House of Representatives, the head of the Al-Sadiqoun parliamentary bloc, Representative Uday Awad, announced the start of serious parliamentary action to hold the head of the Investment Authority accountable, opening a file that is considered one of the files most closely related to the lives of citizens and their right to...
The First Deputy Governor of Basra, Engineer Zaid Al-Amarah, revealed the approval of increasing the amounts allocated by the Majnoon oil field for social responsibility, to reach $15 million annually, in a path similar to the step of the Total company operating in the province. He explained...
The Basra Gas Company announced today, Sunday, a continuous increase in the quantities of liquefied gas exports, revealing a new strategic project that will create a qualitative shift in the volume of exports during the coming period. The company confirmed that its projects in the Rumaila and Zubail fields...
The representative of Basra Governorate, Ali Shaddad, criticized the Central Bank of Iraq’s decision to reduce the administrative level of the bank’s branch in Basra, considering that the step lacks objective justifications and is not based on clear economic foundations. Shaddad explained...
The representative for Basra Governorate, Aqeel Al-Khalidi, announced that he had submitted a letter to the Speaker of the House of Representatives about the Central Bank Governor’s decision to restructure the Central Bank branch in Basra, stressing that it would in turn be referred to the Central Bank Governor. Al-Khalidi said that the coffee branch...