Friday AM Iraq Economic News Highlights 8-26-22
Friday AM Iraq Economic News Highlights 8-26-22
A Government Advisor Determines The Supervisory Bodies Supervising The Implementation Of The Emergency Support Law
Economie 21:54 - 2022-08-25 Today, Thursday, the Financial Adviser to the Prime Minister, Mazhar Muhammad Salih, confirmed the entry into force of the Emergency Support Law for Food Security and Development, while specifying the supervisory authorities that supervise its implementation.
Saleh said, "The Emergency Support Law for Food Security and Development No. 2 of 2022 has now entered into force, especially after the financial instructions accompanying the same law were issued."
He added, "The work will continue to apply the law until the completion of the distribution of its allocations to the exchange sections stipulated by the law and which are detailed by the financial instructions."
He pointed out that "the central control bodies referred to in Article 14 of the emergency law for food security assume the best practice of their supervisory and legal functions, in addition to the central role in implementation and follow-up, which is assumed by the ministries of finance and planning to ensure the accuracy of the law's application."
Earlier, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, set the time frame for the emergency support law for food security and development, while ruling out the repetition of the law after its entry into force.
Saleh said, "The law on emergency support for food security and development concerns the fiscal year 2022 exclusively, and by the end of this year on December 31, 2022, the law will expire completely."
He added, "The second case in which the law ends is the issuance of the Federal Budget Law for 2022 in these months, and this law expires and becomes an integral part of the Federal General Budget Law in the event that it is expanded in 2022, and this matter depends on the status of Parliament and its ability to legislate." .
He pointed out that "the repetition of this law for another year depends on the presence of the legislative authority and its ability to re-pass laws and form a government," ruling out.
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Al-Kazemi’s Advisor Identifies The Supervisory Authorities For The Emergency Support Law
Political | 09:55 - 25/08/2022 Baghdad - Mawazine News Today, Thursday, the Financial Adviser to the Prime Minister, Mazhar Muhammad Salih, confirmed the entry into force of the Emergency Support Law for Food Security and Development, while specifying the supervisory authorities that supervise its implementation.
Saleh said, "The Emergency Support Law for Food Security and Development No. 2 of 2022 has now entered into force, especially after the financial instructions accompanying the same law were issued."
He added, "The work will continue to apply the law until the completion of the distribution of its allocations to the exchange sections stipulated by the law and which are detailed by the financial instructions."
He pointed out that "the central control agencies referred to in Article 14 of the Emergency Food Security Law are responsible for exercising their supervisory and legal functions in the best way, in addition to the central role in implementation and follow-up, which is assumed by the ministries of finance and planning to ensure the accuracy of the law's application." Ended 29 / p. 87 https://www.mawazin.net/Details.aspx?jimare=203484
A New Speech From The Chairman Of The Service Council Regarding Job Grades In The Food Security Law
Money and business Economy News – Baghdad Today, Thursday, the Federal Public Service Council confirmed communication with the concerned authorities regarding the degrees mentioned in the emergency support law.
A statement by the council stated, "The Chairman of the Federal Public Service Council, Mahmoud Al-Tamimi, received a number of representatives of graduates of Iraqi universities in various specializations, accompanied by members of the House of Representatives, in the presence of Representative Samia Al-Ghallab and Representative Sana Al-Lahibi."
And he indicated that, "the file of appointing those covered by Laws 67 and 59, the file of contracts, lecturers and graduates of veterinary medicine, and the possibility of implementing what was stated in the recommendations of the Diwani Order Committee 35, were discussed, as well as a discussion of the job intersection file and the speed of its completion before launching the electronic form."
Al-Tamimi confirmed, according to the statement, that "the Council, in cooperation with the Finance and the Audit Bureau, is in continuous contact with other government agencies to expedite the process of intersection of names and the creation of job grades to implement what is stated in the Food Security Law," noting that "the federal service is in the process of preparing all procedures and requirements before the expiry of the time period." specified for the creation of grades and provided by the Finance.
40 . views Added 08/25/2022 - 8:54 PM Update 08/26/22 - 12:39 PM
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A Government Meeting To Complete The Project To Modernize Public Financial Management Systems
Economie| 07:14 - 25/08/2022 Baghdad - Mawazine News Today, Thursday, the Ministry of Finance held an expanded meeting to complete the project to modernize public financial management systems.
A statement by the ministry stated that Mawazine News received a copy of it, that "the Minister of Finance, Agency Ihsan Abdul-Jabbar chaired an expanded meeting to complete the stages of preparing the project to modernize the public financial management systems IFMIS, with the participation of members of the project's steering committee and the head of the project management team PMT, and the consulting company AARC for the ICC contract, In the presence of the Undersecretary of the Ministry and directors of the departments concerned with the implementation of the project.
The statement added, "During the meeting, reports related to the project's work were reviewed in terms of studying the market and potential risks, as well as approving the outputs of the first phase of the project, in addition to discussing the strategic factors for the success of the IFMIS project (19??), and providing all means within Efforts to complete it in a manner that ensures its safety from various potential strategic risks.
He pointed out that "the basis for implementing the digitization of financial management was discussed during the meeting, which includes implementing the first phase of the integrated financial management system, presenting new ways of working to be implemented through new tools and practices, in addition to integrating and simplifying public financial management processes, as well as enhancing planning. strategy and optimal use of financial resources.
According to the statement, Abdul-Jabbar stressed that "the application of the system will work to achieve a set of goals, the most important of which is financial discipline, reducing errors, achieving efficiency and effectiveness in the use of government resources, in addition to providing accurate and real-time data and information on all government financial information that helps provide services efficiently and effectively." Pointing to raising the level of financial transparency, follow-up, control and financial accountability, as well as increasing the ability to properly plan government cash flows.
The statement continued, "The system is a means of linking all public government agencies and contains all the functions of public financial management from the financial and accounting operations that take place in all stages of preparing and implementing the budget, starting from the strategic planning stage and ending with the accounting stage and submitting final accounts."
He pointed out that "the process of implementing the system comes within the framework of the adoption of the financial and economic reform project represented in the white paper, and with the aim of shifting towards integrated financial and accounting management that is consistent with internationally approved programs and systems." https://www.mawazin.net/Details.aspx?jimare=203469
Officially.. Iraq Joins The International Grain Council
Economie| 08:11 - 25/08/2022 Baghdad - Mawazine News, Minister of Trade, Alaa Al-Jubouri, announced today, Thursday, that Iraq has joined the 1955 Grain Trade Treaty, to become an official member of the International Grain Council.
And the ministry stated in a statement that Mawazine News received a copy of it, that "after continuous follow-up and efforts for several years of negotiations, hard work, and the active presence of Iraq in international, regional and Arab economic forums, which was conducted by the Department of Foreign Economic Relations and under the direct supervision of the Minister of Trade, Iraq officially joined the most important treaty To regulate the grain trade between the countries of the world for the year 1995,” noting that “Iraq joined this treaty as of August 11.”
She added, "It took all measures and procedures through coordination with the Grain Council, where the accession document was deposited with the United Nations in accordance with the legal contexts followed under Resolution No. (1) regarding the ratification of Law No. (1) of 2021, and thus Iraq's membership was officially announced." of the 57-nation International Grains Council.
And she added, "The benefit of joining the Grain Council includes providing opportunities to access all prices related to global markets and directly, especially with the member states affiliated with the Council, as well as providing the opportunity to conclude multiple and bilateral agreements with member states regarding grain trade (wheat, legumes, barley, corn) and others in a way that supports the food security of the country, especially after the growing global challenges of food security, climate change, the Corona pandemic, the Russian-Ukrainian war, and the high rates of materials prices globally, as well as other challenges.
She indicated that "this announcement will achieve for the ministry to ensure the sustainability of purchasing wheat and other basic grains to secure the country's food security requirements at moderate global prices and in accordance with the standards of the International Wheat Council," noting that "the International Grain Council will circulate the accession of the Republic of Iraq to the grain trade treaty to the member states, which There are 57 countries. https://www.mawazin.net/Details.aspx?jimare=203475
Facilitates The Procedures For Recovering Funds Derived From Corruption
political | 07:07 - 25/08/2022 Baghdad - Mawazine News, the Federal Integrity Commission praised the draft Arab protocol supplementing the Arab Convention against Corruption regarding the recovery of funds derived from corruption and smuggled abroad, noting that this represents one of the signs of responding to the calls of the Commission in international and regional forums for the recovery of funds transferred and the recommendations of the Baghdad Conference.
The authority stated in a statement that Mawazine News received a copy of it, that "the draft protocol submitted by the Democratic Republic of Algeria to be presented within the agenda of the session of the Conference of the States Parties to the Arab Convention against Corruption, included several articles and items stipulated in the decisions and recommendations of the Baghdad Conference to recover the looted funds, which participated in It includes the Secretary-General of the League of Arab States, a number of ministers of justice and heads of Arab anti-corruption bodies, and the calls of the commission, represented by its president, in the meetings and conferences of the states parties to the Arab and international anti-corruption conventions.
The commission continued, clarifying that among the provisions of the draft protocol and its articles in agreement with the recommendations of the Baghdad Summit is to take the necessary measures to allow the confiscation of property that is sentenced to be recovered without a criminal conviction, and to take appropriate measures to prevent persons suspected of being involved in corruption cases from benefiting from the benefits of granting residence and citizenship;
In return for investments that may be all or part of criminal proceeds, adding that it also includes allowing the competent authorities in the states party to the Arab Convention against Corruption to enforce the confiscation of property issued by a competent court in another state party, and cooperating closely between the states parties in accordance with their regulations the interior; In order to enhance the effectiveness of enforcement of law measures aimed at investigating and recovering the proceeds of corruption offences.
It noted what was included in the draft protocol urging States parties to the Arab Convention against Corruption to take the necessary measures to authorize their courts to order those who committed offenses established in accordance with the Convention to pay compensation to another State party that was affected by those acts, and to authorize those courts or their competent authorities when necessary.
Taking a decision regarding confiscation by recognizing the claim of another state party to property acquired by committing a criminal act in accordance with the Arab Convention against Corruption, after which it is a legitimate owner, as well as cooperating in conducting investigations regarding the identification, detection and recovery of criminal proceeds, freezing or tracing, and establishing joint investigation teams for this purpose.
An Arab network that includes the Arab bodies entrusted with the detection, identification and recovery of criminal proceeds. Ended 29 / h https://www.mawazin.net/Details.aspx?jimare=203468
Mawazine Reveals The Date Of The Return Of Those Whose Contracts Have Been Nullified By The Security Forces
Political | 02:19 - 26/08/2022 Special - Mawazine News, a member of the Parliamentary Security and Defense Committee, Yasser Watut, revealed today, Friday, the date of the return and preparation of their contracts voided by the two sons of the security forces.
Watout said in an exclusive interview with "Mawazine News", that "the date for announcing the return of those whose contracts have been nullified by the sons of the security forces at the end of this month or the beginning of next month at the latest," stressing that "all the procedures for the return have been completed and only the announcement remains."
And he indicated that "the number of those covered reached 37,000, and the ages covered by return were those born in 1987 or less." Ended 29/M99 https://www.mawazin.net/Details.aspx?jimare=203522