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Iraqi News Highlights Wednesday Afternoon 11-16-22

Iraqi News Highlights Wednesday Afternoon 11-16-22

Tlm724 Administrator Bondlady’s Corner

President Barzani And The Iraqi President Confirm Their Support For The New Iraqi Government And The Implementation Of The Government Program

Posted On2022-11-16 By Sotaliraq   President Masoud Barzani received, on Tuesday, November 15, at the Salah al-Din resort near Erbil, Dr. Latif Rashid, President of the Republic of Iraq. The meeting discussed the political situation in Iraq, the developments of the political process, and the steps of the new Iraqi government, and the two sides affirmed their support for the Iraqi government and the implementation of the government program.

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The meeting also shed light on Iraq's foreign relations and the international community, emphasizing the role and position of Iraq in regional and international centers, and the need to solve problems on the basis of dialogue, away from the language of threat.   LINK

Formation Of A Supreme Commission To Investigate Major And Important Corruption Cases

Today, Wednesday, the Federal Integrity Commission announced the formation of a supreme commission to investigate major and important corruption cases filed in the commission’s investigation directorates and offices in Baghdad and the provinces, and the cases referred to it.

A statement by the commission stated, “The head of the Federal Integrity Commission, Haider Hanoun, issued a ministerial order to form the (Higher Anti-Corruption Commission) to investigate major and important corruption cases,” noting that “the composed commission headed by Hanoun includes in its membership the directors of the investigation and recovery departments in the commission, in addition to To a group of its investigators chosen by the head of the Commission (subject to change), and the Commission may seek the assistance of investigators and administrators from among its employees.

The statement stated, "The formation of this commission comes from the duty of the Integrity Commission to prevent and combat corruption in the easiest and fastest way available by law, and from the importance of completing the investigation of corruption cases stipulated in its law, especially major and important corruption cases, and within the specified time limit," pointing to That "this aims to limit corruption, reduce its paths, prevent its continuation, and punish its perpetrators, in line with the importance and size of these cases, as the formation of the commission comes in accordance with the provisions of Article (3 / Seventh) of the law."

He continued, “Article (3/seventh) of the Commission’s law stipulates that it works to contribute to preventing and combating corruption through matters, including: Carrying out any work that contributes to combating or preventing corruption, on two conditions:- A- That this work is necessary and pours into combating corruption. Or prevent it, b- It should be effective and appropriate to achieve the objectives of the Authority.   https://www.radionawa.com/all-detail.aspx?jimare=32181

Former Deputy: It Is Not Possible To Fight Corruption Without Confronting The Big "Whales".

Posted On2022-11-16 By Sotaliraq  Former MP Wael Abdel Latif considered, on Tuesday, that the promises made by the new Iraqi government could not be fulfilled and that it would fight corruption without confronting the "whales" and the big heads responsible for corruption.

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Abdul Latif said in an interview: “Prime Minister Muhammad Shia’ al-Sudani is required to arrest and deposit a group of corruption whales, which should be known to the Iraqi people, as holding a general manager or deputy director accountable here or there will not realistically affect the fight against corruption.”

He said, “ Corruption today is rooted in the Iraqi state, and the state is leading corruption, as evidenced by the oil smuggling network that was exposed in the Basra governorate, to show that all its members are important military ranks in the state, and corruption threatens the collapse of the Iraqi state if it continues in this way in the near future. ».   LINK

Alia Nassif Calls For The Formation Of A Team Of Lawyers To Defend Iraq's Position In Foreign Lawsuits

Wednesday 16 November 2022 10:43 | Economical Number of readings: 272

Baghdad / NINA / - Representative Alia Nassif stressed the need to form a team of senior Iraqi jurists and lawyers to defend Iraq's position towards the foreign lawsuits filed against it, which include claims for billions of dollars in invalid compensation, praising the response of the Minister of Justice and his pledge to activate the special committee for this purpose and under his personal supervision.

And it said in a statement today: "The Egyptian Horse Company for Tourism and Travel, owned by the so-called Imad al-Jilda and his brothers (close to the former regime), filed an arbitration case demanding that the Iraqi government pay an amount of 15 billion US dollars, and this case is managed and funded through Raghad Saddam Hussein, and Iraq's position was During the previous years, it was strong and excellent efforts were made to dismiss this lawsuit.

However, some corrupt people have recently begun to interfere in this file with the aim of diverting the course of the case in favor of the Egyptian company, to the point of contracting with an Egyptian lawyer for five million dollars to plead for Iraq, as if Iraq does not have lawyers or lawyers. Experts in international law.

And Nassif indicated: "The Minister of Justice responded with gratitude and pledged to follow up the case himself, activate the special committee for this purpose and resolve all foreign lawsuits filed against Iraq, and his honorable position deserves praise and praise when he showed cooperation in the file of Iraq's real estate abroad and the file of disputes in Iraqi issues in which there is an element.

" Foreign,” stressing “the need to form a legal team that includes senior Iraqi jurists and lawyers to defend Iraq’s position towards foreign lawsuits and to prevent Iraq from fining any amount of money.”/ Ended 8    https://ninanews.com/Website/News/Details?Key=1014323

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Macroeconomic Policy Between Reality And The Responsible Government Role

Articles   Dr.. Haitham Hamid Mutlaq Al-Mansour

There is a debate about the nature of the government's role in the contemporary Iraqi economy and its effects on the economic performance of the various sectors of use and output. Without the in-depth, long-term vision regarding the delineation and diagnosis of the government’s role in the economy as a basic part of a strategy for formulating macroeconomic policy to build the overall model with its integrated development vision,

indicating that the government’s role in the economy is inseparable from its long-term technical nature, so the reformulation of the model Development after years of political instability must be an integral part of the long-term strategy for building the contemporary Iraqi state in the current and next phase.

From an in-depth reading of the reality of economic policy, it is noted that the government’s practice of its economic role has been reduced to a narrow framework, which does not go beyond issues of government fiscal deficit, exchange rate policy, and inflation targeting without a serious discussion of the comprehensive effects of various economic variables within the horizon of macro policy seeking to achieve the goal of macro stability and stimulating growth, in In light of the comprehensive economic reform steps to amend the imbalance entrenched in the structure of the Iraqi economy, to diversify the gross domestic product towards the real sectors.

Therefore, the government's long-term economic policy must focus on its role in the economy and within the following axes:

Granting the government confidence to the public and institutions: The focus of the overall policy must be on granting and ensuring confidence to the public and institutions throughout the economy.

Financial flows, employment opportunities and stimulating the movement of money and investment, as an important step to attract foreign capital in the direction of developing the real sector to compensate for foreign imports and tipping the balance of trade and the balance of payments from national production, by creating the physical and legal framework to accelerate the growth trends of private activity towards the leading sectors.

The government's maintenance of the relationship between economic security and social peace within the movement of the economic system and limiting the negative effects of economic policies on the segments of society in order to reduce the flagrant societal inequality.

Towards public services and commodity support, and reducing class differences, through macroeconomic policy measures aimed at preserving the real income of individuals away from inflation pressures and the continuous rise in rates of the general level of prices, and reducing the phenomenon of unemployment by building an employment and employment program according to the labor market and the need for the development framework .

The government assumes its functional role to stimulate aggregate demand and establish direct investments, and that is to start building major projects that stimulate the movement of use and production, in a way that works to move the economy away from rentierism, in order to reach the necessary level of infrastructure that has an important contribution to stimulating the establishment of strategic private investments.

Focusing on the developmental role of the government in reformulating the fiscal and monetary policies to direct public revenue and public spending on targeted areas in light of the policies of macro stability and reducing inflation, to ensure the achievement of points 1, 2 and 3.

Giving utmost importance to the government's coordinating developmental role among sectoral policies, especially oil, agricultural, industrial, commercial, and balance of payments, in order to achieve the goal of diversifying and increasing the growth of the gross domestic product, achieving higher development goals in all targeted sectors, and supporting strategic sectors such as education, health care, social security, and job creation.

The developmental role of the state represents an important building block in building the legitimacy and credibility of the state and the social and political system that seeks to meet the aspirations of the masses in building the present and ensuring the future.

Views 125   Added 11/16/2022 - 1:05 PM  Updated 11/16/2022 - 5:01 PM

https://economy-news.net/content.php?id=30832

 

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