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Xyz Iraqi Prime Minister discusses economic reform efforts with a representative of the World Bank mission

Iraqi Prime Minister, Mustafa Al-Kazemi, during his meeting with the Special Representative of the World Bank Mission in Iraq, Ramzi Numan

May 12, 2020 03:35 PM Mubasher: The Iraqi Prime Minister, Mustafa Al-Kazemi, received today, Tuesday, the Special Representative of the World Bank Mission in Iraq, Ramzi Numan .

Ways have been discussed to coordinate work between the Iraqi government and international institutions to overcome the economic crisis, according to a statement of the Information Office of the Prime Minister.

Al-Kazemi also discussed with the Special Representative of the World Bank Mission in Iraq work to launch economic reform efforts, which would encourage investment and reconstruction, enhance the service reality, and provide job opportunities .

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The former Iraqi Minister of Planning, Nuri Sabah Al-Dulaimi, received on April 28 last , the representative of the World Bank in Iraq, Ramzi Numan, and his accompanying delegation.

During the meeting, a number of issues of common concern were discussed, and ways of strengthening national efforts facing the emerging epidemic of the Corona Virus pandemic.

Noaman affirmed that the World Bank is ready to provide possible support and restructure the loans granted to Iraq, in a way that contributes to protecting the vulnerable sectors of society.

https://www.mubasher.info/news/3638217/%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A-%D9%8A%D8%A8%D8%AD%D8%AB-%D8%AC%D9%87%D9%88%D8%AF-%D8%A7%D9%84%D8%A5%D8%B5%D9%84%D8%A7%D8%AD-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A-%D9%85%D8%B9-%D9%85%D9%85%D8%AB%D9%84-%D8%A8%D8%B9%D8%AB%D8%A9-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A/

xyz The Cabinet decides to form an emergency cell for financial reform

12/05/2020 Economy News - Baghdad:"The Cabinet held its regular session today, Tuesday, and decided to form an emergency cell for financial reform, and to form a cell to manage the financial situation in light of the current financial crisis, and to develop the necessary solutions to achieve financial reform and improve the performance of financial institutions," the council said in a press statement.

"The cell is headed by the Prime Minister and he has the authority to authorize the Minister of Finance to manage the sessions in his absence and the membership of the Minister of Finance, the Minister of Foreign Affairs, the Minister of Planning, the Governor of the Central Bank, the Prime Minister's advisers whom he calls His Excellency, the Secretary General of the Council of Ministers, and a representative of the General Secretariat To the cabinet. "

He stressed that the cell undertakes the tasks of ensuring the provision of financial liquidity and making decisions related to financial reform through rationalizing expenditures, maximizing resources and reforming financial institutions, including restructuring and setting financing plans for reconstruction, development and investment projects, including financing resources and mechanisms outside of government spending , and Improving procedures and automating systems in financial institutions.

The Cabinet issued a number of decisions, including reducing and rationalizing the administrative structures of the state through the provision by each government agency of its vision in this field, and taking appropriate measures to legislate the laws required for the success of the e-government and the ministries and government agencies to accelerate their procedures to automate their work, especially in the area of customs and tax And submit monthly reports on rates submitted to the General Secretariat of the Council of Ministers

xyz http://www.economy-news.net/content.php?id=20226

xyz 1 of 2

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3 options top the measures to confront the economic crisis .. What is the story of private budgets?

2020.05.12 - 12:40 Baghdad – people Member of the Parliamentary Finance Committee, Muhammad Sahib al-Darraji, stressed today, Tuesday, the importance of adopting a special budget if oil prices continue to decline.

In a statement to the official agency, followed by Nass, (12 May 2020), Darraji said, "There are measures that must be taken to face financial distress other than internal borrowing or prejudice the central bank's reserves," noting that "among these options is a price change."

Exchange and stopping imports, in addition to stopping the currency auction and other economic measures.

Al-Daraji pointed out that "if oil prices continue to decline, there must be special budgets, including a crisis budget that is based on a price lower than the price of oil to walk salaries and health matters as well as other important matters," noting that "this challenge must be exploited and transformed into an opportunity of Through opening the door for investment and allowing the private sector to operate. "

He called on the government to "accelerate the transmission of the budget in a way that reduces the deficit by reducing costs or by changing the exchange rate." https://www.nasnews.com/view.php?cat=30552

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Parliamentary committee determines options to address financial distress

Editing Date: 12/5/2020 [Baghdad-Ain] The Parliamentary Finance Committee, today, Tuesday, outlined several options to face the financial hardship due to the drop in oil prices due to the Corona crisis.

Member of the Committee, Deputy Muhammad Sahib Al-Darraji said in a press statement that "there are measures that must be taken to face financial distress other than internal borrowing or prejudice the reserves of the Central Bank," noting that "among these options is changing the exchange rate and stopping imports in addition to stopping the currency auction and economic measures

xyz Al-Kazemi receives the Special Representative of the World Bank Mission in Iraq

12-05-2020 03:07 PM Prime Minister Mustafa Al-Kazemi received today, Tuesday, the Special Representative of the World Bank Mission in Iraq, Ramzi Numan.

During the meeting, they discussed ways to coordinate work between the government and international institutions to overcome the economic crisis, and the meeting touched on launching economic reform efforts that would encourage investment and reconstruction and enhance the service reality as well as providing job opportunities. https://www.dijlah.tv/index.php?page=article&id=254177

xyz CBI NEWS/ANNOUNCEMENTS

May 13, 2020 The central bank signs a banking arrangement document with the World Bank

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As part of its strategy to develop its foreign reserves management in line with current and future developments, the Central Bank of Iraq signed a banking arrangements document with the World Bank's Reserves Management & Consulting Program ( RAMP ) Reserves Advisory & Management Program

This document aims to enable the Central Bank of Iraq to obtain technical support through the exchange of knowledge and experience in the field of investment portfolio management based on a performance indicator that helps to maximize financial resources, build human capital by exchanging knowledge and developing expertise in the financial field in accordance with best practices In the field of reserve management.

It is noteworthy that this program was developed by the World Bank in 2000, with the aim of building capacities and providing consulting and asset management services, and is considered a meeting place for a network of specialists, and it serves more than (70) members around the world, most of them are from central banks, managing nearly (2) One trillion dollars of sovereign assets. https://cbi.iq/news/view/1489

Baxter Counties are starting to cancel their county fairs this summer... our 4th of July is cancelled..except for the fireworks..and they havent decided on that yet

Dave ...do you guys know what happens if Pence and trump get sick with CV.....?

Dave oops Trump

Wilder Baxter what are your thoughts about that video you posted regarding Trump taking over the Federal Reserve? Think it's true?

Wilder Oops he's gone. Anyone else?

Dave thought they were autonomous like CBI....?

Wilder According to video others had tried. Who knows.

Dave can exert pressure.......about the green back .....not politics?

Wilder Could be reason to possibly go back to a gold standard as Trump wants?

Dave world is a mess....who knows

Wilder Over my pay grade. Interesting.

Doug_W Wilder want me to call Donald and ask him?

Wilder Doug_W Doug_W Please do. Plumber wants to know

Dave want a silver standard!

Wilder Dave that too.

Wilder Dave on a silver platter while your at it

kevin311312 Newspaper: Al-Kazemi plans to replace the heads of 25 independent bodies

13/5/2020 The number of independent bodies in Iraq to more than 25 bodies, most notably: the Hajj and Umrah Commission, the Central Bank, the Martyrs Foundation, the Political Prisoners Organization, the Investment Authority, the Financial Supervision Bureau, the House of Wisdom (Cultural Foundation),

the Provincial Commission, the Baghdad Municipality, the Reconstruction Council, Integrity Commission, Accountability and Justice Authority Media, Federal Revenue Authority, Financial Securities Commission, the Independent High Electoral Commission, the Telecommunications Authority, the High Commissioner for Human Rights, the latest of the popular crowd body developed in the recent period. ”

She added, “The majority of those bodies that have been run by the agency for years, and registered in the last two years serious corruption files associated with them, have become an indefinable file, especially since most of them are monopolized by political parties, while others have become redundant and can be merged or attached to other ministries in The area of specialization or interest itself, which contributes to reducing spending and eliminating corruption. The sources confirmed that some of these bodies turned into party fronts for a number of political entities rather than official institutions

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Dave perfect!

Dave biff thinking they may be finally feeling the pressure economically to do somethang

Wilder And now they want to replace the heads on 25 bodies?

Dave Frankensteinian.....good start

Wilder kevin311312 as in draining the swamp.

kevin311312 something is up because the world bank is changed its tune

kevin311312 World Bank: More than $ 30 million in aid to Iraq to tackle the Corona pandemic

Dave 30 million...diddly......

kevin311312 Wilder yes

Dave masks for a few days........

kevin311312 Dave lol

Wilder Article I read somewhere asking nations to start forgiving debts.

Dave Paris accord.....?

kevin311312 Two proposals for the budget for the current year and the House of Representatives awaiting its coming from the government 11:24 – 05/13/2020 one for a dime and one for a quarter

Wilder To poor nations.

kevin311312 lol

Dave iraq was forgiven.......or almost?

Dave still sitting in a corner.........

kevin311312 Dave forgiven?

Wilder Dave U.S. Forgives Iraq Debt To Clear Way for IMF Reforms. 2004.

Dave paris accord.......Dave part of that yes......

kevin311312 over my pay scale

Dave not yet global..... iraq not yet to join IMF formally

Wilder Dave 2004 article. https://www.cadtm.org/U-S-Forgives-Iraq-Debt-To-Clear

Wilder Mentions Paris Accord.

Dave paris club agreement...oops