Iraqi News Highlights Monday Afternoon 11-28-22

Iraqi News Highlights Monday Afternoon 11-28-22

Tlm724 Administrator Bondlady’s Corner

Parliamentary Finance Expects To Approve The 2023 Budget Next March

Money and business   Economy News _ Baghdad   Today, Monday, the Parliamentary Finance Committee set the date for the government to send the draft budget law for 2023, and while it expected its approval in next March, it confirmed the continuation of the movement of the House of Representatives to nominate committee chairmen, their deputies, and rapporteurs.

Committee member Mueen Al-Kadhimi said, in an interview with the Iraqi News Agency and its follow-up with "Al-Iqtisad News", that "the House of Representatives has resolved the issue of the parliamentary committees, amounting to 25 committees, which were divided between three levels according to importance (A, B, C)," noting that "it was agreed on Dividing the chairpersonships of the committees among the components of the people according to the previous contexts and the number of seats.

Al-Kadhimi added, "Negotiations about chairing committees between the components is still going on to assume responsibility for the committees by specialists," noting that "until now, this issue has not been resolved, and work is underway to fill the gaps in the committees with naming the president, deputy, and rapporteur of each specialized committee."

Regarding resolving important laws, Al-Kadhimi stated that "the House of Representatives was not in communication with the government in the first stage, so the law for renting slums was put forward without consulting the new government," explaining that "the new government may not be in its strategy to rent slums, but rather to own the residents in areas that can be It is transformed from agricultural to residential, and the same applies to the current military service law.

And he continued, "We called on the government to withdraw all laws that have a legislative financial side, and return them to the House of Representatives as necessary and according to importance," pointing out that "the government began to withdraw these laws in order to return them to the House of Representatives according to the necessity of its work for the next stage, and thus it will be an approach The House of Representatives kept pace with the work of the government in terms of legislation and in terms of oversight and follow-up.

Regarding the 2023 budget, Al-Kazemi indicated that "the budget will reach the government to the parliament at the beginning of next year," pointing out that "the parliament will go through the stage of sifting, discussion and political influences and proceed with the first and second reading, and there will be opinions and disagreements in this regard until a political consensus is reached."

About the shares of the provinces, the Kurdistan region, the deprived provinces in the center and the south, and the provinces affected by terrorism.

Al-Kadhimi expected that "the federal general budget for the next year 2023 will be approved next March."   Views 194    Added 11/28/2022 - 2:21 PM   Updated 11/28/2022 - 5:06 PM

https://economy-news.net/content.php?id=31053

The Central Bank Assures The US Treasury Of Its Commitment To Combat Money Laundering And Terrorist Financing

Economie| 09:40 - 11/27/2022  Baghdad - Mawazine News, Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, affirmed today, Sunday, compliance with all international laws and instructions, in the file of combating money laundering and terrorist financing.

The Central Bank of Iraq stated in a statement that Mawazine News received a copy of: “Today, Mokhaif received Assistant Deputy Secretary of the US Treasury for Terrorism and Financial Crimes Jesse Baker and his accompanying delegation. During the meeting, they discussed bilateral cooperation between the two institutions and discussed the application of international standards in combating money laundering.”

Funds and terrorist financing, and the central bank's commitment to it, in addition to applying due diligence from other government institutions in this file, in addition to efforts to enhance financial inclusion and keep the banking sector in line with global developments.

Makhaif said, according to the statement, that "the Central Bank of Iraq is committed to all international laws and instructions, in the file of combating money laundering and terrorist financing, and was able to transfer Iraq from the status of enhanced follow-up to the regular follow-up in the Financial Action Foundation (FATF), in addition to removing it from the list of the federation." European high-risk countries.

On the other hand, the US Treasury delegation praised the measures implemented by the Central Bank in combating money laundering and terrorist financing, through its use of the latest systems in this file. Ended    https://www.mawazin.net/Details.aspx?jimare=212579

The Dollar Is Rising Against The Dinar

Economie| 09:36 - 11/28/2022   Baghdad - Mawazine News  The exchange rates of the dollar rose today, Monday, on the local stock exchange.  Selling price: 149,450 dinars per 100 dollars   Buying price: 149,350 dinars per 100 dollars   https://www.mawazin.net/Details.aspx?jimare=212600

The President Of The Republic Calls For Judicial Cooperation Between The Center And The Region To Expedite Finding Solutions To Outstanding Issues

political| 04:19 - 11/28/2022   Baghdad - Mawazine News  , President of the Republic Abdul Latif Rashid called, on Monday, for the cooperation of the Federal Judicial Institution with the Judicial Institution in the Kurdistan Region to expedite finding solutions to outstanding issues.

And the Presidency of the Republic stated in a statement, which Mawazine News received a copy of, that "The President of the Republic, Abd al-Latif Rashid, received, at the Baghdad Palace, the President of the Supreme Judicial Council, Judge Faiq Zaidan, and during the meeting, they reviewed the role of the judiciary in supporting the force of law and in a manner that secures stability in the country."

And the President of the Republic stressed, according to the statement, the need to activate the role of the judicial institution in resolving lagging legal transactions, and to consider the legal status of the detainees and expedite the resolution of their situation according to the law. It guarantees the rights of all Iraqis.”   https://www.mawazin.net/Details.aspx?jimare=212640

Low Oil Prices In World Markets

Economie| 08:52 - 11/28/2022   Follow-up - Mawazine News   Oil futures fell more than a dollar in the early hours of Monday morning, after protests in China, the largest oil importer, over the strict restrictions of the Corona virus fueled concerns about demand, while investors remained cautious before an agreement to impose...

The West is a maximum limit for Russian oil prices and a meeting of “OPEC +”.

Brent crude fell $1.01, or 1.2%, to $82.62 a barrel at 01:10 GMT.

US West Texas Intermediate crude fell $1.09, or 1.4%, to $75.19.

Both benchmarks, which hit 10-month lows last week, posted three straight weekly declines.   https://www.mawazin.net/Details.aspx?jimare=212594

Deputy: The Recovery Of 182 Billion Dinars Is A "Message" And This Is Its Content

Political | 01:35 - 11/28/2022   Special - Mawazine News   , the representative of the State of Law Coalition, Muhammad Al-Sayhoud, considered, on Monday, that the action taken by the government with the accused, Nour Zuhair, in recovering the stolen money, was "correct and proper."

Al-Saihoud told Mawazine News, "The step to recover 182 billion dinars is not correct in only one direction in recovering the money stolen in the deal of the century. Rather, it is a message that all the money stolen from the state will be recovered."

He added, "This step is considered the main step in combating financial and administrative corruption, and the most important thing is to recover the money. If the laws were implemented by imprisoning the accused only, then the money would not have been recovered."

Yesterday, Sunday, the Sudanese Prime Minister, Muhammad Shia'a, announced the recovery of part of the stolen money from the tax secretariats.

Al-Sudani said in a press conference that "part of the stolen money has been recovered from the tax secretariats," noting that "the competent authorities were able to recover the first batch of more than 182 billion dinars."    https://www.mawazin.net/Details.aspx?jimare=212623

Former Deputy: The Volume Of Smuggled Money Reached 500 Billion Dollars

Money and business   Economy News – Baghdad   Former member of the Finance Committee, Ahmed Al-Saffar, revealed that the volume of smuggled funds has reached the range of 300-500 billion dollars.

Al-Saffar said in his interview with the program "The Truth Is Told", followed by "Al-Iqtisad News", that "money smuggling is carried out by large political figures, and it is carried out by people who work for them."

He added, "Corruption in Iraq has a political basis and is the birthplace of all other types of corruption, such as administrative."   Views 167   Added 11/28/2022 - 11:54 AM   Updated 11/28/2022 - 5:07 PM

https://economy-news.net/content.php?id=31050

Investigations Are Continuing Regarding The Killing Of The American Citizen, And We Will Take Revenge On The Perpetrators Before The Courts

The Ministry of Interior told / NINA /: Monday 28 November 2022 15:32 | a wish Number of readings: 215  Baghdad / NINA / - The Ministry of Interior has disclosed the course of investigations into the recent killing of an American citizen in Baghdad, and confirmed the keenness of the security services to uncover the perpetrators and bring them to justice.

The head of the Security Media Cell, Director of Relations and Information at the Ministry of Interior, Major General Saad Maan, stated in a statement to the Iraqi National News Agency ( NINA ): "There is great interest by the Commander-in-Chief of the Armed Forces, and personal follow-up by the Minister of Interior, in the progress of investigations into this incident." We also have field work teams from all security formations, especially in the Ministry of Interior, who continue their work to investigate the perpetrators.

He added, "The security work continues, using all technical and technical procedures and matters to reach the perpetrators and bring them to justice so that they receive their just punishment in accordance with the law."

On the seventh of November, unknown persons assassinated a US citizen named "Stephen Troll" in the Karrada area in central Baghdad. He was a member of a development organization working for USAID and came from Tennessee.

The Prime Minister and Commander-in-Chief of the Armed Forces, Muhammad Shia'a al-Sudani, directed the Ministry of Interior to investigate the circumstances of the accident./ End 5

https://ninanews.com/Website/News/Details?Key=1016898

 

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Benefits of a Cash Budget – Part 1