By John Lee. The Ministerial Council for the Economy, chaired by Minister of Foreign Affairs Fouad Hussein, has approved a request from the Ministry of Agriculture to reduce customs duties on live animals imported for slaughtering and breeding purposes. According to the state-run Iraqi News Agency (INA), the decision was taken due to the high
By John Lee. On Sunday, Prime Minister Muhammad Shia Al-Sudani chaired a meeting with the Federation of Iraqi Chambers of Commerce to discuss the causes of the fluctuations in the Iraqi dinar exchange rate, and their impact on citizens. The meeting aimed to develop decisive solutions to stabilize the exchange rate and limit damage to
By John Lee. The Iraqi cabinet has voted to delay the issuing of export licenses for a variety of agricultural feed produce until October 1, 2022. The ban on exports applies to fodder barley, hay, and bran from corn residues, and was recommended by the Ministerial Council for the Economy. The decision is to enable