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Iraqi News Highlights Wednesday Afternoon 5-10-23

Iraqi News Highlights Wednesday Afternoon 5-10-23

Tlm724 Administrator Bondlady’s Corner

The Governor Of The Central Bank Inspects The Site Of The New Building And Undertakes To Solve The Problems Of The Workers

Reconstruction and building   Economy News – Baghdad  The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, inspected the site of the new building of the bank, to find out the rates of work completion and to follow up on the logistical requirements.

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And the Central Bank media stated in a statement that Al-Alaq “was briefed on the conditions surrounding the construction workers working in the building and the problems they face, especially the issue of delayed salaries and the quality of food, and listened to a group of workers about these obstacles.”

Al-Alaq pledged, according to the statement, to "solve the problems faced by the workers, including the issue of salaries, working hours and food quality," praising "their efforts to work on the implementation of the project, which is one of the most prominent urban projects in Baghdad, and was designed by the late architect Zaha Hadid."  Views 87  05/10/2023 - https://economy-news.net/content.php?id=34118

The Governor Of The Central Bank Inspects The Site Of The New Building And Undertakes To Solve The Problems Of The Workers

Reconstruction and building  Economy News – Baghdad   The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, inspected the site of the new building of the bank, to find out the rates of work completion and to follow up on the logistical requirements.

And the Central Bank media stated in a statement that Al-Alaq “was briefed on the conditions surrounding the construction workers working in the building and the problems they face, especially the issue of delayed salaries and the quality of food, and listened to a group of workers about these obstacles.”

Al-Alaq pledged, according to the statement, to "solve the problems faced by the workers, including the issue of salaries, working hours and food quality," praising "their efforts to work on the implementation of the project, which is one of the most prominent urban projects in Baghdad, and was designed by the late architect Zaha Hadid."   Views 87  05/10/2023 - https://economy-news.net/content.php?id=34118

Al-Sudani Stresses Iraq's Need For A "Reform Revolution" In The Oil Sector

Economy| 01:39 - 10/05/2023   Baghdad - Mawazine News, Prime Minister Muhammad Shia'a Al-Sudani visited, on Wednesday morning, the headquarters of the Ministry of Oil, and chaired the meeting of the opinion committee of the ministry.

According to a statement by Al-Sudani's office, the meeting witnessed "discussing a number of important oil files, especially in the sectors of extraction, associated and free gas investment, oil exploration and infrastructure, and standing up on the problems and obstacles that hinder their projects."

Al-Sudani listened to a "detailed presentation on the plans, activities and projects implemented within the government program, and the role of the national effort in that, presented by the undersecretaries and general managers."

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Al-Sudani also reviewed "a number of recently implemented projects in the associated and free gas investment sector and the new invested quantities, including the Akkas gas field, which was recently operated with the national effort, which will generate financial revenues, by offering investment opportunities in the liquidation sector, that would To end Iraq's import of petroleum products, and to move to the stage of exporting various petroleum products.

The Prime Minister stressed that "his second visit to the Ministry of Oil aims to provide support for this important sector in the sustainability of the economic situation," indicating "the country's need for a reform revolution in the oil sector, through which the oil and petrochemical industries can be developed and the optimal investment of oil and gas fields."

And he stressed "the need to address the real problems in the export system," directing the national effort to "devise studies to address the current problems," calling for "setting timelines for the long-overdue files that were discussed in this meeting." Ended 29/N33

https://www.mawazin.net/Details.aspx?jimare=226544

Planning: Iraq Signed Agreements With The European Union Worth More Than 170 Million Euros

Wednesday 10 May 2023 14:39 | Economical Number of readings: 228  Baghdad / NINA / - The Ministry of Planning revealed a package of agreements signed with the European Union, with a value exceeding 170 million euros.

The Undersecretary of the Ministry of Planning, Maher Johan, said, during the activities of the "Tawfiq Initiative" launched by the Europe Team for Iraq, today, Wednesday, in the capital, Baghdad, that "this initiative reflects the depth of partnership with the European Union and representatives of the international community in Iraq and an affirmation of this close relationship provided by these agencies." Especially in the European Union.

He added, "The Ministry of Planning signed 3 agreements during the years 2022_2021 on behalf of the Iraqi government with a value of 50 million euros, and another financing of 46 million euros, and we also signed an organization agreement with the European Union in 2022 with a financing framework of 75 million euros to support sustainable solutions."

He went on to say, "We are working in great partnership with the European Union and the countries under this partnership to support key sectors in agriculture, sustainable solutions, the financial and banking sector, and public services."

He explained, "We worked in the last stage, under the guidance of the Prime Minister's Office and with the assistance of advisors and sectoral ministries, to make a great effort to harmonize the international support that is being provided and will be provided, with the government program and the ministerial platform presented by the Prime Minister, including the basic axes that lead to evaluation and reform," returning that "the initiative Tawfiq goes on to emphasize an important point related to economic diversification and containing the labor market and unemployment in the Iraqi street, according to the measurements and readings shown by our statistical surveys.

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He added, "This initiative will go on to cover a large part of the work with a solid international group in the European Union, to conduct surveys on small, medium and large enterprises, and sovereign projects that are trying to see the light and focus on the basic problems they suffer from by accessing financing according to a modern banking system, through Encouraging entrepreneurship, containing ideas and creativity, and improving the business environment that the country suffers from.

The Undersecretary of the Ministry of Planning affirmed, "This initiative, sponsored by the European Union and the Group of Six Countries, proceeds with us with existing projects and financing future projects for a basic path, which is a major direction for one of the Prime Minister's directions in the next stage, and taking care and containing the pioneering situation of youth and their need to be partners in building bridges of development and non-dependence." On the typical mechanisms of employment that are no longer able to contain the huge amount as a result of population growth./ End 5

https://ninanews.com/Website/News/Details?key=1052502

 

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