Iraqi News and Highlights Wednesday PM 7-8-20
Iraqi News and Highlights Wednesday PM 7-8-20
TLM 724 Administrator BondLady’s Corner
Al-Kazemi: We will not allow the spread of chaos and mafia policy
Wednesday 08 July 2020 111 Baghdad / Al-Sabah Prime Minister, Mustafa Al-Kazemi, emphasized that the assassination of the scholar and academic, Hisham Al-Hashemi, constituted profound sadness and sorrow, and our duty as state leaders is to turn sadness and sorrow into a real challenge, stressing by saying: “We will never allow the spread of chaos and mafia policy,” while the Cabinet reviewed, Updates from the work of the Committee to Promote Governmental Actions on Reducing the Spread of the Corona Virus, decided to approve the draft pension rights law for deceased medical professionals.
A statement by the Prime Minister’s Office, received by Al-Sabah, stated that “Al-Kazimi presided over the regular session of the Council of Ministers yesterday, which he started by talking about the assassination of the researcher and academic, Hisham Al-Hashemi, by armed groups outside the law.”
Al-Kazemi stressed that the assassination of al-Hashemi constituted profound sadness and sorrow, and our duty as state leaders is to turn grief and sorrow into a real challenge, action and achievement of what the Iraqis aspire to establish security and the sovereignty of the state and the law, and because we are responsible, the only answer that the people accept from us is achievement only and not Change achievement.
The Prime Minister stressed not to allow any party seeking to turn Iraq into a gang state, nor will we allow the spread of chaos and mafia policy at all, and we assure the killers that he will not rest for us before they are pursued and subjected to the judiciary, with the crimes they committed, indicating that those who were involved in Iraqi blood will face Justice, whatever his affiliation, there is a lot of blood that was shed before the assassination of Al-Hashemi.
The Prime Minister instructed, according to the statement, the Ministry of Culture and the Secretariat of Baghdad, to name the martyr al-Hashemi on a street in the capital, Baghdad, to commemorate his memory and his giving and thought, as he was one of the opinion leaders and the strongest supporter of the Iraqi forces in their war against ISIS terrorist gangs.
Al-Kazemi indicated that the current government was formed in a situation full of crises, and therefore it is considered a government of political, security, social, economic and health solutions.
The people deserve a lot of real and serious work from us, noting the difficult circumstances and the many challenges facing the work of the government. LINK
The banking system is in front of the task of proving existence
Wednesday 08 July 2020 53 Baghdad / Al-Sabah Focusing on creating a solid financial sector that supports economic development activities after the penetration of the Corona pandemic and its negative effects, represents the most important steps for the banking system during the coming period, to create competition that strengthens financial products that support the national economy and finance production and service projects, and the demand for financial benefits will rise After coming out of the current crisis.
The specialist in the financial affairs, Wahbi Al-Khaffaf, stressed the importance of "concerting all efforts to cross the current crisis in a manner that does not have significant negative effects on the financial sector and the beneficiary citizen, especially after the global financial sector was affected by the Corona pandemic and its negative consequences on the volume of sales around the world and the resulting From a significant drop in profits. "
Financial benefit
He added, "It is likely that bank customers will begin to seek financial aid, and encourage the Central Bank of Iraq to help them in providing multi-type loan initiatives with the help of Islamic and conventional banks."
And that "the reduction of interest came in support of national products in order to reduce foreign imports. The Iraqi Central Bank must also consider delaying loan installments for projects related to tourism, hotels and restaurants as a result of the stoppage of its business over the past period due to the Corona pandemic, especially since the banking system is aware of the importance of the tourism sector in The country, and its need for financial support, as this joint represents the permanent oil. "
Productive sectors
He pointed out that "the banking system in the country must have a significant role in supporting the productive sectors, and here it is necessary to coordinate highly with the banking sector in the Iraqi Central Bank, as the central bank has a lending initiative in support of more than one sector, but it needs to organize more to achieve Its goals, which were found for it, and we all realize the need of many real industrialists and farmers for sums of money to develop the productive base in the country, which requires the efforts of all parties to advance them and achieve the highest levels of benefit for the country. "
The financial institution
He stressed that "the mission of the financial institution in the country for the coming period requires more effort that must be accompanied by developing performance and adopting the best banking systems in the world, and here promotes competition among all banks that lead to the multiplicity of products that serve the economic sectors of different production and service, and here We can reach the financial sector to its real goal, which works to reduce the negative effects on the national and family economies. "
It is reported that the banking system is busy with the issue of a new coronavirus (COVID-19). Borrowers and companies face job losses, slower sales and lower profits as the virus continues to spread throughout the world. LINK
The private sector is the focus of building the national economy
Wednesday 08 July 2020 87 Baghdad / Imad of the emirate The call to encourage the private sector represents the first policies required to be adopted to contribute to building the national economy, in view of the need for local capital, on the one hand, and not to rely entirely on oil imports, which sometimes do not meet Iraq's needs for financial allocations to achieve economic growth, on the one hand Other.
private sector
Dr. Ahmad al-Rawi, a specialist in economic affairs, stressed the "necessity of the private sector's participation in the construction process, after the state remained the main dominant of all economic activities."
The narrator added to "Al-Sabah": "To achieve this, the necessary legislative and institutional frameworks should be issued to encourage and attract private national investments, especially fleeing national funds. Therefore, the Investment Law No. 13 of 2006 and its amendments is a basic step in creating the appropriate investment climate so that investment can be encouraged to achieve economic reform." Through a greater role for the private sector. "
He continued, "Since Iraq was not prepared to receive private investment, especially foreign, it is necessary to carry out a series of economic and legal policies that help in creating an investment environment that encourages the national investor and gives full confidence to ensure his rights through a number of measures, the most important of which is the need for a national framework of laws and covenants that constitute the ground. To attract investments, as well as an institutional framework to receive and encourage the movement of investments in the country and provide all the required support For their development. "
Investment activities
The narrator called for "adopting reforms in policies and procedures regarding investment activities due to the multiplicity of investment circles in state ministries, which often intersect with their policies towards investment promotion," noting "the necessity of reviving national financial markets and increasing awareness of the importance of investing in securities in order to encourage private savings" And turn it into meaningful investments in sectors
Productivity".
Al-Rawi stressed that "the development and rehabilitation of the banking sector to be compatible with the movement of investment and dealing with international financial institutions, as government banks still dominate the banking capital represented by Rafidain and Rashid banks, as government banks account for 90 percent of banking activity."
Funding problem
And between the narrator, "The private sector in Iraq has faced obstacles in the forefront of which are the problem of financing and allocating resources, in addition to the inadequacy of the investment climate, which created a lack of confidence in making large national investments with the dominance of the public sector on major economic activities."
He explained, "The options were limited in obtaining financing through public financial and banking institutions and across the Iraqi market for securities, due to the difficult conditions set by these banks, which often prevented the private sector from being able to meet them, in addition to the weakness of non-banking institutions."
Bank financing
He stated, "It is known that a good financial and banking sector provides a favorable environment for savers and investors and encourages the growth of investment opportunities and helps to develop organized work in private economic institutions, which facilitates monitoring the performance of their departments and encourages institutional development to openness and transparency in corporate management, but the banking system despite the importance Its institutions, he was unable to create an enabling environment to revitalize the private sector due to the restrictions and procedures followed in the activity of these financial institutions, as they follow the state and its policies. LINK
Poverty sweeps Iraq and signs of a humanitarian catastrophe
https://i.servimg.com/u/f84/17/45/42/20/zz1412.jpg
Reports| 02:54 - 08/07/2020 BAGHDAD - Mawazine News Iraqis are experiencing major social and economic problems in light of the imposition of curfews due to the spread of the Corona virus, which led to experts believing that the poverty rate may rise, which may reach 40% according to the government's inability to compensate those affected by the collapse of oil prices.
Poverty and hunger attack the lives of Iraqis amid political turmoil between the ruling parties, and in light of the drop in oil prices, calls for finding realistic solutions to help those affected by the imposition of curfews are escalating, as a result of the spread of the Corona virus pandemic. Break legal restrictions and take to the streets for a living.
Falling oil prices
A report of the Washington Post reported that the Iraqi economy is collapsing due to the double strike of low oil prices and government-imposed closures due to the Coruna outbreak, as the entire country stands on the brink of disaster.
The newspaper emphasized that the outbreak of the epidemic led to a decline in global oil prices and revenues that keep Iraq alive, and then came the second blow by announcing the closing procedures that destroyed livelihoods and put some families under the poverty line and in the cycle of hunger.
In this regard, Ahmed Tabakli, the chief investment officer of the Asia Frontier Capital Fund in Iraq, said: "The Iraqi government suffers a major economic deficit of $ 32 billion, amid declining imports of oil sales and the disruption of production projects, and this has had a catastrophic negative impact that led to The state’s ability to confront Corona collapses, with the number of poor people rising to 7 million across Iraq. ”
Tabakli continued: "The problems of the political system of Iraq after the fall of Baghdad in 2003, painted indicators of economic decline due to the distribution of power between the various ethnic and religious groups on a sectarian basis, and each party sought to exploit the state's resources, especially in government jobs, until the result became a bloated public sector that drains An estimated $ 50 billion each year for salaries and benefits alone, which makes up the majority of the state’s budget. ”
He added: "The increase in unemployment rates and the spread of poverty among the population of Iraq was not the result of the chaos of political reality today. Rather, the crisis formed during the past years due to corruption and the politicians' preoccupation with their interests."
High rates of poverty and unemployment
According to the latest statistics of the Central Bureau of Statistics of the Ministry of Planning, more than 20% fall below the national poverty line, while the unemployment rate among the youth category reaches 22.7%, and the Ministry of Labor and Social Affairs revealed an increase in the poverty rate in the country due to the Corona pandemic and low oil prices.
In this context, Minister of Labor and Social Affairs Adel Al-Rikabi stated, “After the spread of Corona, oil prices decreased globally, and this was reflected negatively on increasing the poverty rate in the country, as it rose from 22% to 34%.” This is likely to cause economic and health crises. .
Al-Rikabi continued: "The ministry seeks to overcome the crisis by cooperating with international bodies to find quick solutions to reduce poverty and unemployment rates, in addition to the government's attempts to implement measures provided by the state to the sectors sponsored by the ministry through the distribution of grants between citizens of low-income people who have been affected by the measures to impose a ban Preventive roaming. "
Al-Rikabi stated, “We previously submitted a request to the Council of Ministers to raise the ceiling of social aid and expand the coverage of its beneficiaries, in addition to the ministry launching an expanded inspection campaign for investment companies to register data for Iraqi and foreign workers so that local workers are covered by the Social Security Law. But the economic crisis is significant and perhaps the state will face many difficulties In order to confront poverty. "
For his part, Ghayeb Al-Amiri, a member of the Parliamentary Health Committee, spoke, saying: "The percentage of Iraqi families that have fallen below the poverty line is estimated at 48%, but the government does not want to update its information in order not to shock the citizens, calling for attention to this large percentage when imposing a comprehensive curfew." .
Al-Omairi added: "Imposing the ban is necessary, but it should be a security and health embargo at the same time, and the implementation of the measures must be accompanied by providing the basic necessities of living for poor families and giving emergency financial grants."
Loans to address the financial crisis
Based on the latest statistics of the outbreak of the Corona virus in Iraq, the World Bank recently agreed to reallocate loans to developing countries that have been affected by wars, as part of the emergency operations project in order to support the efforts of the Ministry of Health in the prevention, detection and response to the COVID-19 epidemic.
On this matter, the Iraqi Prime Minister’s advisor for financial policies, Mazhar Saleh, spoke, saying: “The agreement reached last month between Iraq and the International Monetary Fund is proceeding according to the plan, as legal approvals and voting by parliament were made to borrow from the International Monetary Fund, That would save $ 5.4 billion over 3 years. "
And Saleh continued: "The borrowing came as a result of the state budget deficit in the face of Corona, in addition to the huge expenses that were spent during the liberation of Iraqi regions from the control of ISIS, and therefore we expect to get 600 million dollars as a first payment from the International Monetary Fund, which will help us to provide financial aid And food for those affected by the curfew. "
He added: "We will take some steps to slightly overcome the financial crisis due to the decline in oil revenues. Among these steps are increasing taxes on border crossings, and improving the level of banking supervision to fight corruption and money laundering operations."
Testimonies of those affected by Corona The Corona
pandemic and the accompanying curfew measures in all cities of Iraq warn of the complexity of the crisis with the measurement of damage to the private sector, in conjunction with the collapse of oil prices and the entry of the country into a severe financial crisis that caused the failure to pay salaries of retirees and covered by the social welfare network, added In addition, those with daily income who are not employees in the state departments.
Muhammad Rahim, a retired teacher, spoke in the capital, Baghdad, describing his difficult life due to delayed and interrupted salaries, saying: "3 months ago we did not receive our salaries and my son is sick and needs surgery in the back, and I cannot put him in the hospital because of the inability to afford the operation, and the more I go To review the social security, I did not find any answer that cures the mistake, so I had to offer my house furniture for sale, and I sat on the sidewalks, showing the old items.
As for Salma Abbas, a cleaning worker in a school in Basra Governorate, she said: "I work with a daily wage system that amounts to 5 thousand dinars (the equivalent of 3 dollars), and I am still waiting for two years to convert my contract to a monthly installment on the owners of the state, but I did not receive any An amount since January 2020, so how will I live with my 4 children and my husband's martyr who was killed by the liberation of Mosul in 2017, and now I have to work in people's homes so that I can bring food to my orphaned children. ”
On the other hand, the farmer, Omar Al-Dulaimi, who lives in Al-Anbar governorate in western Iraq, spoke, and said: "We are suffering a major crisis and do not have the money to grow the land, and the government stopped supplying us with seeds and pesticides, in addition to stopping agricultural production due to the imposition of the curfew and our inability to go to the market to sell Some of the vegetables that we planted in the previous months are what we have from the seeds of last year, but from the month we ran out of everything.
Therefore, we and a group of farmers agreed to sell some livestock from animals to buy seeds and plant the land, and we will not care for legal procedures and we will return to plowing the land, because our government Do not respect our feelings and poverty increases our suffering. "
A humanitarian catastrophe
The World Food Program has warned the United Nations agency that the Covid-19 epidemic, due to its devastating economic repercussions, could double the number of people threatened by famine and may turn into a humanitarian catastrophe globally, while the Iraqi Ministry of Planning expected that the country's poverty rate would rise to more than 20% Due to the conditions of the Corona pandemic.
In this regard, a spokesman for the Iraqi Ministry of Planning Abdul-Zahra al-Hindawi said: "The crisis ... has led to an increase in the poverty rate in Iraq from 20% to 34%, and it is expected to increase more than this, but in limited proportions."
Al-Hindawi continued: "We may face a major humanitarian catastrophe if the Iraqi street explodes and the curfew is broken due to poverty. This calls for the solidarity of state institutions and international and local organizations to provide immediate assistance to the population, especially in the popular areas, villages and rural areas."
For his part, professor of economics at the Iraqi University, Abd al-Rahman al-Mashhadani, spoke, saying: "Iraq suffers from complex economic problems, in addition to the outbreak of corona and the collapse of oil prices while the budget was not approved, and the health crisis cell related to the epidemic witnessed many changes within a few days, and therefore did not You can provide $ 5 million to the Ministry of Health, which is an indication of the failure of the government health file. "
Al-Mashhadani continued: “In the past, the government was providing foodstuffs in the form of a ration card, which it would give citizens as a legal share to support the population, but this measure was stopped for many years due to corruption, political conflicts, and armed factions’ control of oil wells, which led to the cancellation of the ration card that was helping the poor Even a small percentage. "
Iraqis are experiencing major social and economic problems in light of the imposition of a curfew due to the spread of the Corona virus in the country, which led to experts believing that the poverty rate may rise, which may reach 40% according to the government's inability to compensate those affected by the collapse of oil prices, in addition to The possibility of a humanitarian catastrophe and the spread of Corona due to the citizens breaking the curfew in the coming days, and this is what puts the state under legal and human pressures amid reports of the return of protests in the country to demand the rescue of the people from its crises and pay attention to the suffering of the poor and leave the political quota.
https://www.mawazin.net/Details.aspx?jimare=108980
Tax Authority: Revenues of the first half of this year exceeded one trillion and 500 billion dinars
Economie| 01:23 - 08/07/2020 Baghdad - Mawazine News, the General Authority for Taxes, calculated on Wednesday the revenues of the first half of this year.
"The tax revenues amounted to more than one trillion and 500 billion dinars during the first half of this year, despite the Corona pandemic measures and their impact on commercial movement," said Shakir al-Zubaidi, director of the commission.
Al-Zubaidi expected, "Revenue increased to double digits during the second half of this year to support the state's general budget." https://www.mawazin.net/Details.aspx?jimare=108964
Stability of the dollar exchange rate against the Iraqi dinar
Economie| 12:39 - 07/08/2020 Baghdad - Mawazine News The exchange rates of the dollar stabilized on the Kifah Stock Exchange and local markets, Wednesday, (July 8, 2020).
The prices of the Kifah Stock Exchange - Baghdad were 122,600 dinars per 100 dollars.
Buying and selling prices in banking shops:
The selling price of the dollar = 123,000 dinars per 100 dollars.
The purchase price of the dollar = 122.000 dinars per 100 dollars. End 29
https://www.mawazin.net/Details.aspx?jimare=108957
Parliamentary: near the launch of a project to establish an FAO port for investment
Economie| 09:28 - 07/08/2020 Baghdad - Mawazine News member of the Parliamentary Committee on Economy and Investment in the House of Representatives confirmed Al-Hamedi Charter, Wednesday, the Ministry of Transport's intention to complete the port of Al-Faw, through investment.
Al-Hamidi told Mawazine News that she had met with Minister of Transport Nasser Bandar Al-Shibli, who will visit Basra, in order to see the large port of Al-Faw, and announce an important decision that will serve the province and provide advanced solutions to resume work at the port.
She added, "The Minister of Transport confirmed his intention to complete the stages of the completion of the Grand Faw port, by opening the door for investment and referring it to an investor who will complete its work at a specified time," noting that "the meeting also witnessed a discussion of the development of ports and border ports in Basra Governorate."
She added, "The visit of the Minister of Transport to Basra Governorate will be an important and field field for the great port of Al-Faw and the coming months will witness its announcement of an investment opportunity." A43 https://www.mawazin.net/Details.aspx?jimare=108916
Retirement: 500 thousand workers include social security at the end of this year
money and business The Economy News – Baghdad The Retirement and Social Security Department of the Ministry of Labor and Social Affairs launched, on Wednesday, an electronic platform for the contributions program to facilitate entrepreneurs registering their workers in social security, while noting that 500,000 workers will be covered by social security at the end of this year.
"This platform was taken in order to confront the Corona virus and to reduce corruption cases that occur as a result of the reviews and momentum," Department Director General Raed Jabbar Bahiz said in a statement reported by the official news agency "Waa" and viewed by "Al-Iqtisad News".
He added, "This program facilitates the process of paying citizens' contributions during an electronic linking process with the inspection department without the need to review the department," noting that "according to the initiative launched by the Minister of Labor and Social Affairs, 500,000 workers will be covered by social security at the end of 2020."
He stressed, "Inspection campaigns were launched two weeks ago in the governorates of Basra and Kirkuk and will include all governorates, and that the results of the campaign were to include 6000 new workers in the governorate of Kirkuk with social security."
In turn, the assistant director of the Retirement and Social Security Department, Kholoud Hiran Al-Jabri, announced, "There are three main goals behind the online platform," noting that "the first goals of the platform are to facilitate the subscriptions and payments process via electronic companies to prevent bribery and the momentum of auditors."
She added, "It is possible during the platform to know the number of workers registered officially with the Department of Retirement and Social Security, and the number of foreign workers, which helps in determining whether the number of foreign workers exceeds the required number of 50% for each company."
Al-Jabri added, “The third goal of the platform is to know the fund’s revenues and work to maximize them, because the department operates by self-financing, and it has pension obligations and workers’ bonuses at the end of service for those who do not deserve a pension, while workers who deserve the pension do not receive the end-of-service reward. ” Number of views 20 Add Date 08/07/2020
http://economy-news.net/content.php?id=20952
Minister of Labor: The online platform will add half a million workers
money and business Economy News_ Baghdad The Ministry of Labor and Social Affairs revealed, on Wednesday, that the online platform of the Retirement and Social Security Department will stop corruption cases, limit the number of national and foreign workers, and add 500,000 workers to the Pension and Social Security Fund.
The Minister of Labor and Social Affairs, Adel Al-Rikabi, said in a statement reported by the official newspaper Al-Sabah and viewed by “The Economist.” From financial benefits to the retirement and social security fund through the electronic payment file, confirming that workers wishing to withdraw the amounts allocated to them at the end of the service through a password for each worker.
Al-Rikabi added, “The platform has created a database for more than 34,000 workers in the private sector, allowing companies owners to provide their data through the electronic window, in addition to updating the data of registered projects and companies,” noting that it will “add about 500,000 workers in the private sector to The retirement and social security departments,
in addition to that they will eliminate the corruption cases carried out by the following persons and reduce the workers ’reviews in light of the outbreak of the Corona epidemic, especially those working in the provinces, in addition to disposing of paper uses in the transactions of secured workers and updating their data.
Al-Rikabi stated that "the platform will provide knowledge of the numbers of workers working in the private sector companies officially registered as national and foreign workers, noting that the ministry previously used electronic platforms to conduct transactions with disabilities and special needs and distribute emergency grants for the unemployed and proved successful in their use and achieved the desired goals
Noting that "the Department of Retirement and Social Security called on all projects and companies registered to update their data via an electronic link to approve the updated data, noting that the platform will deal with the payment of corporate wages in the framework of reducing the work routine."
He pointed out that "the ministry decided to exempt private sector projects from the late fines until the first of July this year, given the current conditions the country is going through," stressing "work to enhance the revenues of the Social Security Fund to serve the secured workers, especially since the ministry is working to maximize and increase the fund's resources Through investment projects that serve the country and achieve profitable benefits, provided that they are implemented in accordance with the legal controls and contexts used in this regard. ” Number of views 39 Date added 08/07/2020
http://economy-news.net/content.php?id=20958
Iraq: 24 billion dinars from one port and one month
Editing Date: 7/8 2020 15:48 • 36 times read [Baghdad-Ain] The Border Ports Authority announced today that the Trebil border port is achieving more than (24) billion dinars for the month of last June, despite the zeroing of customs duties for food, health and agricultural materials.
The statement added that "the Trebil border crossing in Anbar province achieved financial revenue for the state treasury in the amount of (24,942,881,000) Iraqi dinars for the month of June 2020, for the value of the customs and tax revenues accrued as a result of the movement of commercial exchange in the border port.
The statement clarified that" what was achieved from the high revenue As a result of the tightening of control and auditing procedures and joint cooperation between the departments operating in the border port, and the strategy of the organization directed to maximize the revenue support of the state treasury to overcome the current financial and economic crisis that our dear country is going through
http://www.alliraqnews.com/modules/news/article.php?storyid=95397
Specialists propose a fiscal policy that saves the poor from the epidemic July 8, 2020 88
Stop the currency auction and dissolve the Media and Communications Authority
Baghdad - Rahim al-Shammari Specialists in economic affairs called on Prime Minister Mustafa Al-Kazemi to develop a successful economic policy strategy, starting with the structure of independent bodies and benefiting from the monetary blocks available in the Iraqi Central Bank and the Iraqi Bank for Trade and private banks and the Media and Communications Authority, represented by the use of financial capabilities specialized in breaking up crises, and issuing an urgent decision to dismiss a governor
The bank, dissolving the TBI board of directors, stopping the currency auction, and dissolving the Media and Communications Authority, so that the state can find the appropriate solution for millions of poor and people with limited incomes.
Deep advice
The economist, Faris Al-Amin, provided "a profound advice to the Prime Minister Al-Kazemi, saving Iraq from a long-term pandemic crisis that affected the lives of people and society and increased the living conditions of the poor and cut the livelihoods of broad groups", as a result of the curfew for health safety, and passed four months without seeing A movement from the entities that possess capital and funded the people's wealth and the wealth of the country.
The central bank has for years been under a well-known party administration, and the Iraqi Trade Bank since the previous two presidents of the board are required to spend on various charges, and the current administration has increased the space between the social classes and now serves parties and has turned into a capitalist administration In the service of the rich, and the right thing is to dissolve the board of directors and the bank and transfer its business to the banks of Al-Rasheed and Al-Rafidain, according to the two forces.And even to constrain the work of the media and force it to pay fees at a critical time witnessing an economic downturn.
The Secretary continued, “If Al-Kazemi wanted to succeed, in front of his broad authority in accordance with Article 78 of the effective Iraqi constitution, taking fateful decisions by sacking the governor of the Central Bank, dissolving the TPI Board of Directors and overseeing private banks, especially the currency auction, widespread suspicions, stopping the work of the Media and Communications Authority in preparation for dissolving it and transferring its powers to The Ministry of Communications and the Iraqi Media Network and Building Economy are taking a strong step, followed by reform steps that limit the sharp retreat of the state in various fields.
Dr. Haider Ghazi al-Moussawi, a professor of media at Al-Mustansiriya University, said, “Poverty intensifies and a crisis of epidemic, as the newcomer 19 does not have a specific time to its end. Difficult months for the Iraqis we expect to intensify without a government solution. ”
Unless the government makes bold decisions from its president according to the laws and constitution that permit under difficult Cairo conditions, the central bank has reserves of Iraq's wealth since the 1970s exceeding $ 100 billion in cash and gold, we find it going and draining the currency auction.
Private banks whose profits go to regional countries and parties, and the Board of Directors of the Iraqi Trade Bank, which funded and established capital from the country's revenues during the past years, stands unable to help the poor and receives and takes care of the rich and suspicions hovering around it, while the Media and Communications Authority is a sign of failure
Her work is weak on the Internet and lack of control over telecommunications companies, and she did not provide any service for journalists and media outlets threatened with suspension and unemployment, and she plays a role in silencing broadcasts and satellite channels under the pretext of fees in the circumstance of the epidemic.
Mousawi pointed out, "The pursuit of a monetary and fiscal policy and the dismantling of bodies that own billions and see poverty intensify and increase, as Iraq was a penniless country with no revenue and good things, and here lies the financial policy, successful leadership and appropriate decisions, to see positive decisions that are reflected on the standard of living of the lives of needy classes. LINK
To read more current and reliable Iraqi news please visit BondLady’s Corner: