Iraqi News and Highlights Wednesday AM 7-22-20

TLM724 Administrator BondLady’s Corner

A Representative Delegation Meets The Minister Of The Interior

7/22/2020  A delegation that included MPs, Fayan Sabry, Nasser Harki, and Tohme Lahibi, and Azad Hamid Shafi, met on Tuesday 21/7/2020, with the Minister of Interior Othman Al-Ghanmi at the Ministry’s headquarters.

During the meeting, the delegation extended its congratulations and blessings to the Minister on the occasion of his assumption of office, wishing him success and success in his duties.

The issue of equilibrium in the security establishment was touched and the entitlements of all components are taken into consideration without exception in all joints of the Ministry of Interior, especially in the governorates of Nineveh, Kirkuk, Diyala and Salahuddin, in addition to emphasizing the importance of border guards in the Kurdistan region and supporting the leadership of the first region and military supplies and appointments, as well as discussing issues related to Department of nationality in the region.

For his part, the Minister of Interior expressed his thanks and appreciation for the visit, stressing the need to preserve the principle of balance and joint work, while revealing a visit to the Kurdistan region during the coming days.  Parliament, Information Department , 22/7/2020   LINK

Prime Minister Mustafa Al-Kazemi And His Accompanying Delegation Conclude Their Official Visit To The Islamic Republic Of Iran

July 22-2020  The Prime Minister, Mr. Mustafa Al-Kazemi, and his accompanying delegation concluded today, Wednesday, his two-day official visit to the Islamic Republic of Iran.

The visit witnessed holding talks between the Prime Minister, Mr. Mustafa Al-Kazemi, and the President of the Islamic Republic of Iran, Mr. Hassan Rouhani, in which the two sides affirmed their desire to strengthen the bonds of economic and cultural relations between the two countries, and in the field of combating terrorism and health cooperation in the face of the Corona pandemic, as well as Continuous cooperation to support the security and stability of the region.

The Prime Minister met with the Supreme Leader of the Islamic Revolution in Iran, Mr. Ali Khamenei.

The Iraqi delegations headed by the Prime Minister, Mr. Mustafa Al-Kazemi, and the Iranian headed by the First Vice-President of the Islamic Republic of Iran, Mr. Ishaq Jahangiri, held an expanded meeting on activating cooperation agreements between the two countries, ways of overcoming obstacles and overcoming problems that may hinder the progress of joint cooperation.

Mr. Al-Kazemi and his accompanying delegation also met with the head of the Iranian Shura Council, Mr. Muhammad Baqer Qalibaf, where bilateral efforts were discussed in overcoming the health and economic effects of the Corona pandemic, and the challenges posed by the current economic crisis, as well as bilateral efforts to overcome them to serve the interests of the Iraqi and Iranian people.

Information Office of the Prime Minister  22 - July -2020  https://pmo.iq/press2020/22-7-202002.htm

Reassurance To Employees .. Parliamentary Finance: Your Salaries Will Be Paid Before The Eid, And There Is No Truth To This

Time: 7/22/2020 14:07:11 Read: 6,994 times  {Baghdad: Al Furat News} The Parliamentary Finance Committee reassured the employees of their salaries.

Committee member Naji Al-Saeedi told Al-Furat News that "the Ministry of Finance has completed all its willingness to distribute and pay salaries before Eid al-Adha."

He added that "the Accounting Department of the Ministry of Finance has secured all financial liquidity for the distribution of the salaries of state employees through internal borrowing from the Rafidain and Al-Rasheed banks. The ministry has completed 90% of the salaries and liquidity is available and will be distributed on time."

Al-Saeedi denied the news about "the government's intention to distribute salaries every 45 days, as liquidity is available under the government borrowing law and there is no problem in distributing salaries during this period."

He pointed out that "the employees will be notified by notification of text messages regarding the citizens' salaries electronically."   LINK

Eid al-Adha in Iraq. Year 2020 Date 31 Jul to 3 Aug

The Iraqi Financial Market Closed Down (1.23%) For The Session

Time: 7/22/2020 14:29:11 Read: 767 times  {Baghdad: Al Furat News} The Iraqi financial market closed today, Wednesday, by (1.23%) from the previous session.

The indicators of trading the Iraq Stock Exchange for today came as follows:

1- The number of listed companies: 105

2- The number of companies traded: 29

3- The number of shares traded (1,455,147,185) shares.

4- The value of shares amounted to (587,735,044) dinars.

5-The ISX price index closed at today's session at (460.95) points, down (1.23%) from its previous session close of (460.95) points.

6- Trading shares of (29) companies out of (105) companies listed on the market.

7 - The number of companies suspended by a decision of the Securities Commission for not complying with the financial disclosure instructions is (23) companies.

8- The number of shares purchased from non-Iraqi investors in the regular market reached (228) million shares, at a value of (177) million dinars, through the implementation of (27) transactions on shares of (5) companies.

9- The number of shares sold by non-Iraqi investors in the regular market reached (Cool million shares, at a value of (12) million dinars, through the implementation of (5) transactions on the shares of one company.   LINK

Customs: The Opening Of The Scheduled Stop, And The Automation Of Five Outlets

Time: 7/22/2020 10:45:22 Read: 2,405 times  {Baghdad: Al Furat News} The General Customs Authority confirmed the opening of the Arar border crossing with the Saudi side after its rehabilitation works were completed in accordance with the latest international technologies, which contributes to maximizing the country's customs revenue.

Customs Authority Director Khaled Salah El-Din said in a press statement, "The procedures to ensure the successful opening of the Arar border crossing with the Saudi side have been completed and pending the final agreement on a specific day to announce the official opening of it, noting that its opening will contribute to supporting the country's economy, and that its rehabilitation operations have taken place on According to the latest international models in force at border crossings.

And that "the opening of the port was supposed to be decided during the postponed visit of the Prime Minister to Saudi Arabia, despite this, the two sides are now in the framework of completing the procedures for the opening, stressing that there is no intention at the present time for the Iraqi and Saudi sides to open any other border port."

And on the visits of Prime Minister Mustafa Al-Kazemi to border outlets and their impact on customs workers, Salahuddin said: It reflects the government's interest in the outlets because of its importance in achieving revenues as another revenue for the state except oil, 

and this reflects positively on the performance of employees and workers in the port because they feel government support towards them and follow-up from before the highest pyramid in the state and thus will contribute to arbitration procedures there are very large, 

indicating that the body and in the framework of the arbitration proceedings proceeded to activate the idea of marketing goods to the customs warehouses which will be used for the purposes of demarcation, examination and other ".

He cautioned that " orientation towards the rental of the Ministry of Commerce stores, And that the authority approached the General Secretariat of the Council of Ministers to obtain approval to market the goods arriving at the outlets to the warehouses directly to conduct checks on them, determine fees and perform inspection work.

Salah El-Din revealed a maximum period of five months for the application of the automation system in five outlets, two of which are in the south and the same in the western region and one in airports to evaluate the experiment and in the event of its success it will be circulated to all ports provided that the latest state findings in automation and customs work are applied in the ports ".

He added that" the Commission has attracted a number of companies provided they have similar actions in other countries, stressing that the application of automation system will contribute to easing the burden on the work of customs and ensure maximizing revenue and calculation of customs duties in advance, in addition to the possibility of comparison between what sells central bank through Currency auction for merchants and the goods received for the country, and most important of all, is to reduce corruption in border crossings. "  LINK

The Governor Of The Central Bank Blesses The Release Of The New Book By Professor Samir Al-Nasiri

Banks  The Economy News – Baghdad  Met on Tuesday , Dr. Ali Mohsen Keywords Governor of the central bank in his office of the Central Bank of Iraq , Mr. Samir Nasiri was handed over the first copy of his new book (our economy and mobility reform 2015 - 2020) During the meeting , Mr. Park governor issued the book in the current circumstances in which Iraq suffers from economic crisis The epidemiology.

The relationship stressed the continuation of its support and care for researchers, experts and academics specialized in economic and financial affairs, stressing the central bank’s keenness to develop and develop human resources and the continuation of the central bank to implement its strategy in the field of investment in human capital and its plan to appoint the first graduates in official Iraqi universities within the jurisdiction of banking and finance and indicated that The first meal of the distinguished youth, who had been sent abroad by the bank to obtain a doctorate, had completed the requirements for obtaining the certificate and would return home soon .

Note that the new book by Professor Samir Nasiri contains four chapters and more than 90 Mbgesa and the number of 340 pages with supplements documentary discusses visions and proposals of economic, financial and banking reform and harvest monetary policy and the central efforts of the Bank for the years 2020 - 2015 to support the national economy at the time of Corona and his plan for the next five years

And that the book has been thankfully presented to him by the Governor .

Number of views 180 Date added: 21/07/2020  http://economy-news.net/content.php?id=21120

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