Iraqi News Friday PM 4-30-21

Iraqi News Friday PM 4-30-21

TLM724 Administrator BondLady’s Corner

The Ministry Of Finance Clarifies The Controls For Applying For A Five-Year Leave Within The 2021 Budget

Time: 04/30/2021 11:51:02 Read: 6,643 times   {Economic: Al Furat News} Today, Friday, the Ministry of Finance clarified the controls for applying for the five-year leave that was included in the Federal Budget Law for 2021.

A statement of the ministry stated that {Al Furat News} agency received a copy of it, that “a text has been included in the Federal Budget Law for the year 2021 {Article / 26-First} {for the competent minister or head of the entity not associated with a ministry or the governor or whoever authorizes him and based on the employee's request the granting of the most complete An actual five-year period in the job for employees is a leave with a nominal salary for a period of five years, and is calculated for the purposes of retirement, provided that retirement pensions and all deductions are paid in full during the period of his enjoyment of the leave. Issued by the General Secretariat of the Council of Ministers for the year / 2019}.

The statement added, "The employees who were granted a four-year leave according to Article (38-first) of the Federal Budget Law for the year 2017 have the right to end the leave period and have been assumed with their jobs. 2021 and for one time only.   LINK

The Curfew Pushes The Dollar To Stabilize

Time: 04/30/2021 09:59:26 Read: 5,148 times   {Economic: Al Furat News} The banking and foreign exchange markets witnessed stable prices due to the imposition of the curfew

Prices are according to exchange offices

The selling price of the dollar is 148,250  The purchase price of the dollar is 147,250   approximate

The price of the dollar against the Iranian Toman

Baghdad   $ 100 2,442,000 tomans

Global foreign currencies  100 € 121,22 dollars

100 pounds $ 139.53

$ 100,820.04 Turkish Liras

Minerals   The price of an ounce of gold worldwide $ 1768.45

Oil    The price of a barrel of Brent crude oil $ 68.55   The price of a barrel of US crude oil is 64.82 dollars  LINK

Advisor To The Prime Minister: The National Dialogue Initiative Is An Opportunity To Restore The State

Political| 12:18 - 30/04/2021   Baghdad - Mawazine News  , Advisor to the Prime Minister Hussein Allawi, confirmed that the national dialogue initiative called by Prime Minister Mustafa Al-Kazemi is an opportunity to restore the state, while indicating that it will include all segments of society.

Allawi said, "This initiative will not be launched only for one, two or three segments, but rather for all segments of society." Led by young protesters as well as opposition forces. "

He explained that "the other covered groups include political forces and societal forces that include clans, youth, women, as well as the private sector," indicating that "

Allawi added, "This initiative is the way and the guarantor for the restoration and recovery of the Iraqi state and the launch towards the future, and it will reflect the capacity and resilience of Iraq’s internal affairs and with a new perspective that depends on partnership with guarantees, as well as on the economy and on the youth’s intentions to find a better future."

Earlier, Prime Minister Mustafa Al-Kazemi called for a national dialogue in which all the different political forces, popular and youth protesters and opponents of the government participate, in order to be a gateway to achieving the aspirations of the people.   https://www.mawazin.net/Details.aspx?jimare=151615

A Parliamentary Call To Clarify The Mechanism Of The US Withdrawal And The Contradiction In Washington’s Recent Statements

Author: AhadNA3 On 4/30/2021 - 11:24 AM 71   Representatives from various political blocs called on the government, Friday, to clarify the mechanism of the US withdrawal from Iraq in accordance with the agreement and strategic dialogue, noting that there is a clear contradiction to Washington’s statements in recent days, which the government must clarify.

The deputy for the Al-Fateh Alliance, Ayoub Al-Rubaie, said, "The security developments in Iraq coincided with statements by the American administration confirming the change that was agreed upon between Baghdad and Washington regarding the American withdrawal from Iraq, which requires the government to explain it to the Iraqi street.

For his part, a member of the Parliamentary Security and Defense Committee, Kata Al-Rikabi, stressed the need to "end the foreign presence in Iraq, especially after the parliament voted on this matter and authorized the government to implement it, pointing out that the foreign presence inside Iraq is a factor of instability in various fields."

On the other hand, Fadel Jaber, a deputy from the Sadikoun Parliamentary Bloc, stated that "Parliament said its word and stressed the removal of all foreign forces, and not accepting the removal of one part without another, as the government bears the responsibility for implementing the parliament’s decision through strategic dialogue."

https://alahadnews.net/191255/%d8%a7%d9%84%d8%b9%d8%b1%d8%a7%d9%82/%d8%a7%d9%84%d8%b3%d9%8a%d8%a7%d8%b3%d9%8a%d8%a9/

Deputy For Al-Fateh: The Questioning Of The Governor Of The Central Bank Will Take Place During The Upcoming Sessions Of Parliament

Author: AhadNA3 On 4/30/2021 - 10:48 AM 79  The deputy of the Al-Fateh Alliance, Nasser Turki, confirmed today, Friday, that the questioning of the governor of the Central Bank will be carried out during the upcoming sessions of Parliament, pointing out that the interrogations may affect other decision-makers in the financial file.

Turki said, "Dozens of parties are present in the state that impede the process of accountability for negligent and corrupt people in the government, as they stand with their personalities despite the failure they caused in running the state.

He added that "the questioning of the governor of the central bank is still on the table and on the table of parliament, and the next sessions will be the questioning of the governor in order to put points on the letters and know the facts."

And that "the interrogation will not include only the governor of the Central Bank, but the interrogations will expand to other personalities, who have authority over the financial decision in Iraq."   LINK

Parliamentary Finance Comments On The High Oil Prices

Pratha News Agency167 2021-04-30  The Parliamentary Finance Committee confirmed, today, Thursday, that the high oil prices will cover the operating budget deficit without going to external or internal loans.

A member of the committee, Abdul Hadi Al-Saadawi, said in an interview carried by the Iraqi News Agency, that "if oil exports increase and oil revenues are achieved as a result of high oil prices at current prices that are close to seventy dollars or exceeding seventy with the passage of time, this will eliminate the need for internal or external loans. In the budget. "

He added that "the high spending of the operational budget and the increase in appointments during the previous years had a negative impact on the budget."

Noting that "any increase in oil prices will go to cover the budget and the deficit only, and there is no supplementary budget or adding functional grades."

Oil prices continued their gains, today, Thursday, after a one percent rise in the previous session, as positive expectations about a recovery in demand this summer overshadowed concerns about the impact of an increase in the number of infections in India, Japan and Brazil.  http://burathanews.com/arabic/economic/391415

Fearing A Wider Shutdown ... Oil Is Going Down

Time: 04/30/2021 10:32:51 Read: 2,782 times   {Economic: Al Furat News} Oil prices retreated, on Friday, after touching their highest levels in six weeks due to fears of broader lockdowns in India and Brazil to curb the COVID-19 pandemic, which offset rising expectations for summer fuel demand and economic recovery.

Brent crude was down 31 cents, or 0.5 percent, to $ 68.25 a barrel by 0630 GMT on the last trading day of the June contract. And West Texas Intermediate crude for June reached $ 64.59 a barrel, down 42 cents, or 0.7%.

Prices were also under pressure after the growth of factory activity in China slowed and the forecast failed in April, although a private sector survey showed that factory activity in Japan expanded in April at the fastest pace since early 2018.

Energy Aspects analysts said in a note: "The recovery in demand after Covid-19 remains uneven, and the rise in Indian cases is a timely reminder that any rise to $ 70 is premature."

They said that such a level is likely to be reached in the third quarter of this year, when demand improves materially and the disposal of inventory ends.

The world's third-largest oil consumer is in a deep crisis, with hospitals and morgues crowded, with the number of COVID-19 cases surpassing 18 million on Thursday. Read more

Eugene Lindel, chief analyst at GBC Energy, said the high numbers of infections and renewed restrictions on movement "have forced us to revise estimates of Indian demand for gasoline and gasoline" for 2021.

Brent is on track to rise by around 8% in April, while WTI crude oil may see gains of close to 10% for the month.

This will be their fifth monthly gain in six months as global demand has almost returned to pre-pandemic levels on the back of fiscal stimulus and easing of virus closures in some countries, while production cuts from OPEC and its allies, including Russia, have eased crude oil. Oversupply.

ANZ analysts said the introduction of the COVID-19 vaccine and the lifting of lockdowns in several cities in the US and Britain are also restoring confidence in travel, raising demand for fuel.

The upcoming May Day holiday in China will also increase the demand for fuel in the world's second largest oil consumer.   LINK

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