Iraqi News Saturday AM 11-27-21
Iraqi News Saturday AM 11-27-21
TLM724 Administrator BondLady’s Corner
The Federal Court Will Hear Next Wednesday, Claiming The Unconstitutionality Of The Dissolution Of Parliament
Today, Saturday, the President of the Bar, Diaa Al-Saadi, announced that the Federal Supreme Court will consider, on the first of next December, the lawsuit filed by the Syndicate regarding the unconstitutionality of “dissolving Parliament for itself” after it was postponed, indicating that the Syndicate filed this lawsuit before holding the elections, as it is a constitutional violation. .
Al-Saadi told the official newspaper, "The appeal submitted by the Bar Association before the Federal Supreme Court turned to the unconstitutionality (dissolving the House of Representatives on the seventh of last October and that the elections will take place on the tenth of the same month) that the postponed and conditional solution to holding the elections on a specific day contradicts The second paragraph of Articles (64 and 47) of the Iraqi Constitution of 2005,” explaining that “the filing of this lawsuit by the Bar Association was prior to the holding of the last elections for the House of Representatives, and it is not in the interest of any party, bloc or any other political party except the interest of the constitution.”
He added that "the Federal Supreme Court is still under consideration in the case, which was postponed to the first of next December," noting that "the constitution is clear in the mechanisms (dissolving the House of Representatives) and Parliament does not have the right to set a day to dissolve itself and to set a date for holding the elections, and this A clear violation of the constitution,” noting that “the motive behind the lawsuit is not in the interest of a party, a list, or a political party, but rather the correct application of the constitution.” https://www.radionawa.com/all-detail.aspx?jimare=26748
Parliamentary Finance In The Previous Parliament Reveals A Government Insistence On The Exchange Rate And The Duration Of Its Stay
Political | 06:41 - 27/11/2021 Special - Mawazine News, a member of the Parliamentary Finance Committee in the former parliament, Sherwan Mirza, revealed on Saturday, the government's insistence on maintaining the current exchange rate of the dollar for another period.
Mirza said in an interview with "Mawazine News" that "there is a decision that accompanied the government's decision to change the dollar exchange rate for people with limited income, such as increasing salaries and inclusion of families with social care and increasing the vocabulary of the ration card, as well as supporting employees in accordance with the initiative of the Central Bank to purchase a plot of land or house or car.
He pointed out that "the government has not implemented any action or decision except to change the exchange rate," stressing that "keeping this price remains at least for another 3 years." Ended 29 / h
https://www.mawazin.net/Details.aspx?jimare=176545
A Slight Decrease In The Exchange Rates Of The Dollar In The Local Markets
Economie| 10:09 - 27/11/2021 Baghdad - Mawazine News, the dollar exchange rates fell slightly, on Saturday, in the main stock exchange and local markets in the capital, Baghdad.
The dollar exchange rate fell on the Central Kifah Stock Exchange in Baghdad, today, recording 147,850 dinars, for each $100 bill.
The prices of buying and selling the dollar also decreased in exchange companies and local markets in Baghdad, where the selling price reached 148,250 dinars, for each denomination of 100 dollars, while the purchase prices amounted to 147,250 dinars for each denomination of 100 dollars. Ended 29/A 4
https://www.mawazin.net/Details.aspx?jimare=176468
Central Bank Governor: The Iraqi Economy Is Achieving Good Growth
Economie| 08:52 - 26/11/2021 Baghdad - Mawazine News, Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhif, confirmed on Friday that the Iraqi economy is achieving good growth.
And the bank stated in a statement that Mawazine News received a copy of it, that "the Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhif, met the head of the Banking Licensing and Supervision Authority in Turkey, Mehmet Akban, on the sidelines of the invitation addressed to him by the Turkish Central Bank during his official visit to the Republic of Turkey, accompanied by A number of heads of Iraqi private bank boards.
The statement added, "The two parties discussed the importance of joint interaction and the exchange of experiences between Iraq and Turkey, and His Excellency stressed the need to develop banking relations between Iraqi and Turkish financial institutions, in addition to supporting Iraqi banks wishing to open branches in Turkey in accordance with the principle of reciprocity, as well as stimulating bank branches." Turkish licensed in Iraq to develop its business and presence in the Iraqi market.
The Governor of the Central Bank of Iraq said, according to the statement, that "the Iraqi economy is achieving good growth, according to indicators issued by global institutions such as the International Monetary Fund and the World Bank, and therefore Iraqi banks have the ability and ability to be present in more than one country such as Turkey and others," adding that "the Bank The Central Bank has worked over the past period to support the economy through banks, and this has helped in the development of Iraqi banks.” Ended 29 / h https://www.mawazin.net/Details.aspx?jimare=176432
The National Approach: Iraq Loses 75 Billion Dinars Annually As A Result Of Selling Reduced Oil To Jordan
Economie| 11:26 - 27/11/2021 Baghdad - Mawazine News The National Approach Alliance revealed, on Saturday, that Iraq incurred significant losses as a result of selling oil to Jordan at less than the international price, stressing that the price difference amounted to 75 billion dinars, while that amount is sufficient to employ 21,000 unemployed people.
Member of the coalition, Mazen Al-Faili, said in a statement received by Mawazine News, a copy of it, that "according to the Ministry of Oil bulletin, Iraq's oil sales to Al-Samoud Refinery in Jordan last October were equal to (310) thousand barrels at a total price of twenty million dollars, which means that the price of A barrel is equal to (64.5) dollars, while the price of oil sold by Iraq in the world markets during the same month amounted to (79.3) dollars per barrel, meaning that oil was sold to Jordan less than the world market price by approximately (14) dollars per barrel of oil So that the total price difference for what Iraq sold to Jordan in the month of October alone is equal to (4.3) million dollars.
He added, "If we calculate the same quantity rate and the selling price decreases from the global market price for a whole year, the result will be Iraq's loss as a result of selling oil to Jordan at less than the world market price (52) million dollars, which is equivalent to (75) billion dinars annually."
Al-Faili explained that "this amount is sufficient to employ (21) thousand Iraqi youth with a monthly salary of (300,000) dinars for a whole year, or sufficient to cover a scholarship for university students of the amount (one hundred thousand) per month for a whole year for more than (60) thousand students." Ended 29/A 4 https://www.mawazin.net/Details.aspx?jimare=176481
Basra Oil Company To / NINA /: The Development Of The Rumaila Field Will Contribute To Increasing The Revenues Of The Iraqi State
Saturday 27 November 2021 14:36 | economic Number of readings: 321
Baghdad / NINA / - The Basra Oil Company confirmed that the development of the Rumaila field will achieve important economic returns that contribute to increasing the revenues of the Iraqi state.
The director of the company, Khaled Hamza Abbas, said, in a statement to the National Iraqi News Agency ( NINA ), that "the establishment of the Basra Energy Company aims to increase production capacity and increase the positive returns from the Rumaila field as actual revenues for the Iraqi state."
He added, "We started producing 1,66,000 barrels, and currently, with the efforts of the cadres of the Rumaila Field Operating Authority, we have reached 1,450,000 barrels, and we seek to have the peak production of 1,700,000 barrels," noting that "these numbers are not the result of the hour, as we have now reached Working with an Iraqi cadre that possesses high technical competencies.”
He continued, "The Rumaila field is classified as one of the large fields and is the fourth in the world and represents 39% of the national production," noting that "the participation shares in the field amount to 96 percent transferred to the Basra Energy Company, which will be highly flexible in financing and supervising new projects to develop field down to peak production."
He said that, at the same time as we reach the increase in production capacity, we will focus on continuing the product, especially in the advanced age of the field, and we hope with the efforts of the new operator, the Chinese Petrojana Company, the cadres of the Rumaila Operating Authority and the British Petroleum Company, to achieve peak production. https://ninanews.com/Website/News/Details?key=941458
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