Iraqi News Highlights Saturday Afternoon 6-24-23

Iraqi News Highlights Saturday Afternoon 6-24-23

Tlm724 Administrator Bondlady’s Corner

Government: The Budget Will Be Applied Retroactively From January 1, 2023

Money  and business  Economy News – Baghdad  On Saturday, the government spokesman, Basem Al-Awadi, confirmed the existence of ready plans and projects awaiting the implementation of the budget and the release of funds, pointing out that there is a tendency to transform the governorates, especially the poorest, into workshops.

Al-Awadi said, “After the President of the Republic approves the budget, its paragraphs will begin to be legally implemented after its publication in the Iraqi Al-Waqa’i newspaper in the coming days,” noting that “the budget will be applied retroactively from the date of 1/1/2023,

and it will continue, given that there are many exchange doors that may It was spent during the past 6 months, and therefore the budget must cover the previous disbursement chapters and continue until 12/31/2023, in order to present new ideas.

Al-Awadi added to the official news agency, that "the budget provides the government and state institutions with two advantages: the first is that it gives the legal space for spending, and the second advantage is that it provides exchange funds, and therefore government work needs funds,"

 noting that "the government and during the last period was acting and spending on The basis of the Iraqi financial management law, which determined the disbursement at a rate of 1/12 without the existence of budgets, which is a very small percentage,

 but despite this, the government was able to initiate service effort and reconstruction projects in the capital, Baghdad, and other provinces based on the available funds, and some old expenses from the Emergency Support Law.

He stressed, "There are fully developed plans awaiting the release of funds, in addition to implementing the government's idea of​​transforming the Iraqi provinces in general into real workshops, especially the poorest provinces for which a large amount has been allocated," pointing out that "comprehensive projects and plans set for the provinces will begin immediately after the implementation of the budget."

He pointed out that "the government is making tangible efforts in all governorates, including road and bridge projects, removing traffic jams and modernizing streets in the capital Baghdad, passing through the holy governorates of Basra and Karbala to the honorable Najaf and the governorates of the western region and the whole of Iraq, and there is a clear difference that has been achieved at the level of projects and services through lowest levels of exchange. 

Views 116   06/24/2023 https://economy-news.net/content.php?id=34881

The American Ambassador Assures Al-Araji: The United States Continues To Support The Iraqi Government

Iraq   Saturday, June 24, 2023  Baghdad / The National News Center  The US Ambassador to Baghdad, Alina Romanowski, confirmed today, Saturday, that the United States continues to support the Iraqi government.

A statement from his office, which was received by the National News Center, stated that “National Security Adviser Qassem Al-Araji received in his office today, Saturday, the US Ambassador to Baghdad, Alina Romanowski.”

Al-Araji discussed with the American ambassador, “the latest developments in the political and security situation at the regional and international levels, in addition to discussing the development of cooperation relations between Iraq and the United States,

 in addition to discussing files and issues of common concern, especially the file of the Syrian Al-Hawl camp, and the importance of countries withdrawing their nationals from it, as well as Discussion of continued cooperation in the field of combating terrorism.

Al-Araji renewed, "the demand to support the Iraqi government's proposal to hold an international conference on Al-Hawl camp before the end of this year,"

 stressing "the Iraqi government's firm approach to continuing cooperation with the international community, to consolidate security and stability in the region," while noting that "Iraq's policy is based on The basis of common interests and balanced relations with countries.

For her part, the US ambassador affirmed, "The United States continues to support the Iraqi government in the field of combating terrorism and drugs, and humanitarian issues, especially the support of the integration and psychological rehabilitation team of the Ministry of Migration and Displacement."

https://nnciraq.com/212858/

A Slight Decrease In The Exchange Rate Of The Dollar In The Local Markets

Saturday 24, June 2023 10:35 | Economical Number of readings: 304  Baghdad / NINA / - The exchange rate of the dollar witnessed a slight decrease in the local markets today, Thursday.

The selling price of the dollar reached 146,900 dinars per 100 dollars, and the purchase price was 145,500 dinars per 100 dollars./ End 9  https://ninanews.com/Website/News/Details?key=1061225

The work revealed a new procedure related to reducing the poverty line 

Economy News - Baghdad On Saturday, the Ministry of Labor and Social Affairs revealed a new procedure related to reducing the poverty line, while confirming the addition of a paragraph in the budget law to benefit from refunds within the poverty line reduction strategy program.

The ministry's spokesman, Najm Al-Aqabi, said, "The mechanism currently in place within the poverty line reduction strategy program does not work on refunds," noting that "the ministry has added a paragraph within the general federal financial budget law in order to work on refunds by beneficiaries." of the Poverty Reduction Strategy Program.

Al-Oqabi added, in an interview with the official news agency, that "the aim is to grant the largest possible number of young people applying to the poverty line reduction strategy program."

Views 35  06/24/2023 https://economy-news.net/content.php?id=34878

 

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