Iraqi News Monday Morning 6-6-22
Iraqi News Monday Morning 6-6-22
TLM724 Administrator BondLady’s Corner
Parliamentary Finance Head: Tomorrow Is A Critical Day
political | 02:42 - 06/06/2022 Baghdad - Mawazine News , Chairman of the Parliamentary Finance Committee, Hassan Al-Kaabi, confirmed today, Monday, that tomorrow will be decisive for the vote on the Food Security Law, while indicating that its approval will be before the end of the legislative term.
Al-Kaabi said in a speech during the meeting of the Finance Committee regarding the emergency support law, according to the official news agency, that "the committee resumed its meeting today in the presence of members of the Legal Committee and the Chairman of the Martyrs Committee," noting that "the law will be approved before the end of the legislative term on the 9th of this month."
He added that "there is only this day left to vote on the paragraphs of the law, and there is agreement on the total financial allocations contained in it, which did not exceed 25 trillion dinars," noting that "the financial allocations are distributed to the important and necessary sectors in the law that pertain to food security in the Ministry of Trade, such as the card. Training, buying local and imported wheat, and allocations of farmers, in addition to the allocations of the Ministry of Electricity of gas dues and debts, and importing gas during the summer season.
And he indicated that "the allocations of lecturers, certificate holders, contracts and daily wages were included in the law, with the authorization of the Minister of Finance to complete the necessary procedures according to the powers of the executive authority," pointing out that "it included the allocations of those covered by social welfare, petrodollars for oil-producing and refined governorates, and an amount for compensations for those affected by military operations and military mistakes, As well as sums to the Foundations of Martyrs and Prisoners who were subjected to injustice in the past eras, and whose budgets were not authorized during the previous years.
Al-Kaabi expressed his hope that "the House of Representatives will deal in a spirit of cooperation and keep it away from political rivalries, and that the citizen will feel represented in the House of Representatives," explaining that "there are minor differences that will be resolved either in the House of Representatives or in the Finance Committee, and all opinions are respected."
He continued, "We are going through political, security and economic conditions, and the world is facing these crises, especially after the rise of commodities at a time when Iraq suffers from a fragile economy that depends on oil," pointing out "the need to take advantage of abundance and make it in the interest of the citizen."
He stressed that "the Finance Committee will end today's vote on the law to present it to the House of Representatives tomorrow," explaining that "tomorrow will be crucial to vote on the law by approval or rejection, and this is the opinion of the members of the House of Representatives." Ended 29/N33
https://www.mawazin.net/Details.aspx?jimare=195635
More Than 3 Billion Dollars In Sales Of The Central Bank Of Iraq In Hard Currency In A Month
Posted On2022-06-06 By Sotaliraq The Central Bank of Iraq's hard currency sales to the dollar during the month of May amounted to more than 3 billion dollars.
Our correspondent stated, that the Central Bank sold during the month of May last in the days when it opened its auction to buy and sell US dollars 3 billion and 449 million and 42 thousand dollars, at a rate of 202 million, 884 thousand and 866 dollars per day, an increase from last April, which amounted to the average sales It has 199 million, 11 thousand, and 350 dollars.”
He added that the increase in the bank's total sales came as a result of exceeding its dollar sales to more than 200 million dollars per day for most days of the month, pointing out that the bank stopped conducting the auction for a period of 9 days due to the coincidence of Eid al-Fitr.
Our correspondent indicated that most of these sales went in the form of remittances abroad to finance foreign trade, while the selling price of the dollar transferred to bank accounts abroad, in addition to the cash sale, amounted to 1460 dinars per dollar. LINK
Central Bank Governor: The Iraqi Banking Sector Is Witnessing Development And Openness To The Outside
Economie| 07:00 - 05/06/2022 Baghdad - Mawazine News, Governor of the Central Bank of Iraq, Mustafa Ghaleb Mikheeb, confirmed today, Sunday, that the Iraqi banking sector is witnessing development and openness to the outside world.
And the bank stated in a statement that Mawazine News received a copy of it, that “Fear, received a delegation from the Central Bank of Egypt, headed by Deputy Governor Sherif Ashour, in response to an official invitation. Financial Inclusion.
He stressed that "the Central Bank of Iraq always seeks to develop its relations with central banks in the countries of the world, in a way that contributes to developing bilateral relations and increasing cooperation, which will reflect positively on the Iraqi economy."
He added, "The Iraqi banking sector is witnessing development and openness to the outside," explaining that "the mutual visits between the Iraqi and Egyptian Central Banks are part of the cooperation efforts between the two parties, which contribute to the development of human resources for workers in the banking sector."
It is noteworthy that the delegation of the Central Bank of Egypt, yesterday, Saturday, conducted an inspection tour of the new building of the Central Bank of Iraq, and visited cultural and heritage landmarks in Baghdad, where he praised the great architectural edifice that decorated the capital, Baghdad. https://www.mawazin.net/Details.aspx?jimare=195565
The Central Bank Prevents Visa And Master Card Holders From Giving Them To Any Party
Money and business Economy News-Baghdad The Central Bank issued a directive to banks prohibiting holders of electronic payment card "MasterCard" and "Visa Card" from photographing or giving information to any party .And the central bank said in a letter bearing the signature of the deputy governor, that “for the purpose of reducing piracy and fraud resulting from the customer allowing any party to photograph the electronic payment card that his electronic payment card when promoting transactions, we stress the need for you to take the necessary measures to educate your customers who are holders of payment cards The electronic payment card is not considered one of the documents and proofs and informs them not to share it with any party or use it for a purpose other than that for which it was issued .” 138 views Added 06/06/2022 - 2:03 PM Update 06/06/2022 - 6:15 PM
https://economy-news.net/content.php?id=28341
The World Bank Apologizes To Iraqi Education For Its Report
political| 05:20 - 06/06/2022 Baghdad - Mawazine News, Minister of Education, Ali Hamid Al-Dulaimi, discussed with the Special Representative of the World Bank Mission in Iraq, Ramzi Noman, the file of the report published by the latter and its negative repercussions on the educational process in Iraq.
And the ministry stated in a statement, which received / Mawazine News / a copy of, that "Al-Dulaimi received Na'am in the presence of Lamia Ayoub / Director of World Bank Operations and the Assistant Director-General for Cultural Relations in the Ministry, Raad Attia. in accelerated education and not on regular students.
The minister pointed out, "The size of the many reproaches and fallacies contained in the report about the reality of education in Iraq is inaccurate and has nothing to do with the truth," surprising "the use of the author of the "Trunkle" organization (five) criteria that can never be used on primary and secondary students, but rather It is applied to advanced levels of study, such as the undergraduate stage.
For his part, the Special Representative of the World Bank Mission in Iraq, Ramzy Noman, offered his official words of apology to the Ministry of Education in general and to educational and teaching bodies in particular for the error contained in the report, pointing out that the aforementioned report was prepared by the author of the “Trankel” organization, and it does not. It represents the view of the World Bank in this regard.
Noaman stressed that the World Bank will remain the faithful partner of the Ministry of Education in achieving the sustainable development goals.
The meeting ended with the Minister’s speech, saying, “The Ministry of Education is keen to continue its relationship with the international bodies supporting it, in order to implement the work map of the priorities of the education development agenda in Iraq, and the contribution that the World Bank can make to achieve future plans and invest human energies leading to Positive results that serve the reality of the country," according to the statement https://www.mawazin.net/Details.aspx?jimare=195654
Baghdad And Tehran Are Discussing The Payment Of The Financial Dues Owed By Iraq
Economie| 12:54 - 06/06/2022 Baghdad - Mawazine News, the Governor of the Central Bank of Iraq, Mustafa Ghaleb Mikhaif, discussed with the Iranian ambassador to Iraq, Muhammad Kazem Al Sadiq, on Monday, aspects of banking and economic cooperation with Iran and the payment of financial dues.
And a statement from the Central Bank, received by Mawazine News, stated that Mokhief received Al Sadiq and "congratulated him on the occasion of assuming the position, looking forward to greater cooperation in the next stage."
The statement added, "The meeting discussed aspects of banking and economic cooperation between the two countries, the payment of the financial dues owed by Iraq, and overcoming the obstacles facing the work of Iranian companies in the country."
The Governor of the Central Bank affirmed, according to the statement, "his keenness to develop and strengthen banking relations to serve the interests of the two countries and open new horizons of bilateral relations." Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=195627
The President Of The Republic Stresses The Establishment Of Regional Cooperation Frameworks Based On The Economy
Today, Monday, the President of the Republic, Barham Salih, stressed the establishment of regional cooperation frameworks based on the economy, while noting that Iraq is an essential element in the stability of the region.
A presidential statement stated, "The President of the Republic, Barham Salih, received today, Monday, at the Peace Palace in Baghdad, the Ministers of Foreign Affairs of the Arab Republic of Egypt, Sameh Shoukry and the Hashemite Kingdom of Jordan, Ayman Safadi, in the presence of Foreign Minister Fouad Hussein."
The President of the Republic affirmed, "Iraq's keenness to strengthen relations with Egypt and Jordan in various fields, and expand them through mutual understandings and agreed frameworks of cooperation, in the political, security and economic fields, and to coordinate positions in order to establish security and stability in the region," noting that "Iraq's security, stability and location The geography between its neighbors and brothers is an indispensable component of the region's security."
He added, "There is an urgent need to ease tensions, defuse crises in the region, and rely on dialogue in resolving outstanding issues in order to pave the way towards regional cooperation frameworks based on economic and commercial cooperation to meet the common challenges of security, the economy and the climate change crisis."
In turn, the two ministers conveyed "the greetings of Egyptian President Abdel-Fattah El-Sisi and King Abdullah II to President Barham Salih," while the President of the Republic conveyed the two ministers "his greetings to his brother President El-Sisi and his brother, King Abdullah II."
The two ministers affirmed, according to the statement, "their countries' keenness on the security and stability of Iraq and the strengthening of joint cooperation." https://www.radionawa.com/all-detail.aspx?jimare=29810
Economist: The Completion Of The Karbala Oil Refinery Contributes To Stopping The Bleeding Of Hard Currency
Sunday, June 5, 2022 8:36 PM National News Center/ Baghdad The economic expert, Najm Tarish, confirmed today, Sunday, that the completion of the oil refineries in Iraq will contribute to stopping the bleeding of hard currency and supporting the economy in general, revealing the pressure of the influential who benefit from the import of derivatives, which was delayed by the Karbala refinery.
Tarish said in a statement, followed by the National News Center, that "the Karbala refinery, which has a production capacity of 150,000 barrels per day, has reached its final stages, with a completion rate of more than 90 percent, and it is expected to start production at the end of 2022."
He explained, "The Karbala oil refinery project is a crude oil refinery, located 40 km from the center of the city of Karbala. The foundation stone was laid for it in 2014," noting that "the pressure of influential people who benefit from importing derivatives is the last achievement."
Tarish indicated that "the completion of the refineries, especially the Nasiriyah refinery and the Baiji refinery, to stop this massive bleeding of hard currency and stop the black hole that devours money in Iraq."
The refining capacity of the Karbala oil refinery is estimated at 140,000 barrels per day, which represents approximately 22.5 million liters of various oil derivatives per day, while Iraq imports about 15 million liters of gasoline and kerosene derivatives per day. Iraq's refining capacity is currently 800,000 barrels per day of various derivatives. https://nnciraq.com/132972/
The Price Of A Barrel Of Brent Crude Exceeds 121 Dollars
Economie| 10:37 - 06/06/2022 Follow-up - Mawazine News: Oil prices rose today, Monday, in the oil futures market, by about two dollars. Brent crude futures recorded $121.78 a barrel, while US crude futures reached $120.99 a barrel.
And oil, at the end of last week, recorded the sixth weekly gain, as West Texas Intermediate crude rose to settle above $ 118, achieving a weekly gain of 3.3%, while Brent crude ended Friday’s trading at the level of $ 121.35, with gains of $3.74, or 3.18%. https://www.mawazin.net/Details.aspx?jimare=195612
The Dollar Rises Against The Dinar
Economie| 10:25 - 06/06/2022 Baghdad - Mawazine News, the dollar exchange rates rose, today, Monday, on the Iraqi Stock Exchange. Selling price: 148,350 dinars per 100 dollars, buying price: 148,250 dinars per 100 dollars https://www.mawazin.net/Details.aspx?jimare=195609
The Minister Of Planning Announces The Date For The Implementation Of The General Population And Housing Census In Iraq
Today, Monday, Minister of Planning Khaled Battal Al-Najm announced the date for implementing the general population and housing census in Iraq.
The Ministry of Planning stated, in a statement, that "Planning Minister Khaled Battal Al-Najm chaired the meeting of the Supreme Census Authority, which was held in the Ministry of Planning, and was attended by Representative Muhammad Al-Baldawi, representing the House of Representatives, the head of the Statistics Authority in the Kurdistan Region, Sirwan Muhammad Mohi, and the representative of the United Nations Fund. The United Population Council, Mahdi Al-Alaq, and representatives of the ministries and relevant authorities, in addition to the head of the operations room, Diaa Awad, and the Executive Director of the Census, Samir Khudhair Hadi.
Al-Najm said that "the date for implementing the general population and housing census will be carried out in the last quarter of next year 2023, in an electronic manner and using internationally approved statistical standards."
The minister added that "the decision to set the date for conducting the census comes in light of the great importance of this national project, especially after half a century has passed in which Iraq has not witnessed a general census of the population," noting that "the results of this census will contribute to addressing many problems, foremost of which is the distribution of wealth." justice between the provinces.
He pointed out that "the ministry has completed the electronic form for the census, after presenting it to all ministries and relevant authorities," noting that "there is a national consensus on the necessity of implementing the census, and therefore one of the duties of the Minister of Planning is to announce the date, according to the powers granted to him."
He added that "the financial aspect of the census has been fully secured after allocating 120 billion dinars within the investment budget," revealing that "the staff of the Central Statistics Agency were able to prepare electronic programs that will be adopted in the implementation of the census, after being examined by a specialized and discreet international company." .
The meeting of the Supreme Census Authority witnessed, according to the statement, "discussing many files, including the approval of the census form, as well as setting the initial date for its implementation in the last quarter of next year."
The participants in the meeting expressed "a set of observations and ideas related to conducting the general population census." https://www.radionawa.com/all-detail.aspx?jimare=29811
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