Iraqi News Highlights Thursday Evening 5-4-23

Iraqi News Highlights Thursday Evening 5-4-23

Tlm724 Administrator Bondlady’s Corner

Al-Sudani is discussing with Barzani finding "radical solutions" to the problems between Baghdad and Erbil

Money  and business  Economy News / Baghdad  On Thursday, Prime Minister Muhammad Shia' al-Sudani discussed with the President of the Kurdistan Region of Iraq, Nechirvan Barzani, finding "radical solutions" to the problems between Baghdad and Erbil.

Al-Sudani's office stated in a statement that "Prime Minister Muhammad Shia'a Al-Sudani met with the President of the Kurdistan Region of Iraq, Nechirvan Barzani, and during the meeting, they discussed the general political and economic conditions in the country, a number of files at the national level, and the importance of intensifying the efforts of all political forces from In order to support the government in implementing its service and reform programmes.

The Prime Minister referred to "priorities in the government's work approach, which takes into consideration meeting the needs and requirements of citizens in all governorates of Iraq, according to their aspirations, and in a manner that enhances stability and comprehensive and integrated development."

The meeting witnessed "a review of progress and what has been achieved in the path of resolving problems between the federal government and the regional government, in a way that provides radical solutions that ultimately relieve the burdens of citizens and support joint action in accordance with the constitution and the interest of our people in all parts of Iraq."

Views 43  Added 05/04/2023 - 5:31 PM  https://economy-news.net/content.php?id=34011

Parliamentary Finance Sets The Date For Announcing The Vote On The Budget

Political | 03:41 - 04/05/2023  Baghdad - Mawazine News  The Parliamentary Finance Committee announced, today, Thursday, that it will host four important ministries during the next two weeks, while setting the date for announcing the vote, it confirmed the continuation of its intensive meetings on the budget.

A member of the committee, Ahmed Mazhar al-Jubouri, said in a statement to the official agency, followed by / Mawazine News /, “The Finance Committee is still continuing its work and its strategy to reduce the fiscal deficit in the federal budget, and make transfers, especially since there are chapters in which financial allocation is weak, including development allocations. The regions, and there is a ministry in which the expenditures have become large.

He explained, "The work of the committee is to balance financial spending and distribute financial allocations fairly to everyone."

He pointed out, "There are clear differences in the budget, especially in service goods, and there are numbers that have doubled from what was in the 2021 budget."

He added, "Time is still available to reduce expenditures, especially since oil prices fluctuate, and the current oil price cannot be adopted."

He pointed out, "It is not possible to set a time for voting on the budget, and during the next two weeks the vision will become clear, and the time for voting will be determined."

And he stated, "The committee meets daily from 10 am to 12 pm, in addition to that there are more than three meetings with ministers on a daily basis," stressing, "During the next two weeks, the committee will host the most important ministries, which are health, interior, finance, and oil."

He added, however, by saying: "The committee is not about to host Prime Minister Muhammad Shia' al-Sudani, unless he wishes to give his observations and access the Finance Committee, and we welcome that." Ended 29/M99    https://www.mawazin.net/Details.aspx?jimare=226078

The Minister Of Finance Directs Banks To Provide Facilities For Approving Electronic Sales Devices In State Institutions

Economy| 04:55 - 04/05/2023  Baghdad - Mawazine New, today, Thursday, the Minister of Finance, Taif Sami, directed all the ministry's banks to provide all the necessary facilities for approving POS electronic sales devices in state institutions and the private sector.

The ministry said in a statement, received by Mawazine News, that "in line with the government curriculum and the directives of the Prime Minister to urge ministries to adopt POS devices, the Minister of Finance, Taif Sami Muhammad, directed all the ministry's banks to provide all the necessary facilities for approving POS electronic sales devices in institutions." The state and the private sector are free of charge, at zero percent interest, for a period of 6 months, in addition to providing technical and logistical support and various software supporting the project, as well as training cadres working in this field.

The statement added, "The facilitation package comes within the framework of the Ministry of Finance's vision to acquire POS electronic payment devices instead of cash, and to generalize the experience to include various economic sectors at the level of Iraq as a whole, which is hoped to start starting from the date of June 1, 2023."

And he continued, "Electronic points of sale are devices dedicated to accepting electronic payment transactions, which allow merchants, shop owners, and projects to accept payments from their customers (customers) who hold electronic payment tools, in return for the goods or services provided by the merchant, as an alternative to cash payment." Ended 29 / m99

https://www.mawazin.net/Details.aspx?jimare=226082

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