Iraqi News Saturday Evening 6-4-22
Iraqi News Saturday Evening 6-4-22
TLM724 Administrator BondLady’s Corner
Al-Kazemi’s advisor: Two main factors contributed to the failure to approve the final accounts ten years ago
Posted On2022-06-04 By Sotaliraq Today, Saturday (June 4, 2022), the financial advisor to the Prime Minister, Mazhar Muhammad Salih, identified two main factors that contributed to the failure of the approval of the state's final accounts ten years ago.
Saleh said, in an interview published by the official news agency: “The final account of the state reflects the processes of approving public citizenship, in accordance with the legal regulations, regulations and financial instructions issued, to show the financial position of the state, because of its collectible rights and its repayable obligations.”
He added that "the balance of the final account shows the increase or decrease in the state's assets or assets, which is embodied by the deficit in expenditures or the surplus in revenues during one fiscal year."
He continued: “Therefore, the government final account is one of the most important financial statements, which the government prepares annually, based on the provisions of Article 34 of the effective Financial Management Law No. 6 of 2019 as amended and related to the financial statement, in order to clarify all actual expenses and revenues for the ended fiscal year and the consequences thereof. out of an actual surplus or a real deficit.
He pointed out that "the legislative authority was unable to approve the final account after the year 2012 until the present, that is, a decade has passed, and the state's financial position is still unknown in its details. The end is before the legislative authority, which is the first supervisory authority in the country."
He pointed out that "two main factors contributed to the failure to approve the final accounts on a regular basis for ten years. The first is the difficulty of settling the accumulated government advances, which amounted to a very high number, and may be equivalent in terms of the amount to the expenses of a full fiscal year or more, and the lack of supporting documents at a high rate."
He explained that "the second factor is the presence of more than one fiscal year in which there was no law for the general budget, which requires legislation (a current budget), which is closer to the final account, especially for the years 2014-2020."
He stressed that "the oversight task of the House of Representatives in this regard will be a little arduous in following up on the completion of the country's final accounts for the years 2013-2021, but it will certainly be fruitful." LINK
Oil Continues To Achieve Gains, And Brent Crude Records $ 121.35
Economie| 08:55 - 04/06/2022 Follow-up - Mawazine News: Oil recorded its sixth weekly gain, after the highly anticipated OPEC + meeting achieved a modest increase in production, continuing concerns about widening supply deficit levels in the markets.
West Texas Intermediate crude rose to settle above $118, achieving a weekly gain of 3.3%, while Brent crude ended trading at $121.35, with gains of $3.74, or 3.18%.
On Thursday, the OPEC Plus alliance agreed to increase production during the months of July, and at the same time, job growth in the United States exceeded estimates, indicating continued economic growth that will boost demand for crude and refined products, according to a report published by "Bloomberg" agency. https://www.mawazin.net/Details.aspx?jimare=195401
Dollar Exchange Rates Against The Dinar
Economie| 10:17 - 04/06/2022 Baghdad - Mawazine News The dollar exchange rates witnessed stability, today, Saturday, on the Iraqi Stock Exchange.
The selling prices of the dollar were 148,250 dinars per 100 dollars, while the purchase prices of the dollar were 148,150 dinars per 100 dollars. Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=195408
The Islamic Development Bank Confirms Its Readiness To Finance Strategic Projects In Iraq
Today, Saturday, the Islamic Development Bank in Egypt affirmed its readiness to finance strategic projects in Iraq and to develop human resources for the Central Bank of Iraq and the Ministry of Finance in various financial aspects.
A statement by the Central Bank stated, "The Deputy Governor of the Central Bank of Iraq participated in the annual meetings of the Islamic Development Bank, which will be held for the period from 1-4 June 2022 in the Arab Republic of Egypt."
He continued: "A delegation from the Central Bank of Iraq and the Director General of the Iraqi Fund for Foreign Development in the Ministry of Finance participated in the meetings."
He added that "the deputy governor held several meetings with officials and institutions of the Islamic Development Bank to enhance their contributions in supporting various projects for the public and private sectors in Iraq."
For its part, the Islamic Development Bank affirmed its readiness to provide support and contribute to the financing of strategic projects in Iraq and the development of human resources for the Central Bank of Iraq and the Ministry of Finance in various financial aspects, especially the issuance of green sukuk.
On the other hand, a delegation from the Central Bank of Egypt arrived in Baghdad yesterday afternoon, Friday, June 3, 2022, on an official visit to discuss prospects for cooperation with the Central Bank of Iraq and to exchange experiences in various issues of common interest.
https://www.radionawa.com/all-detail.aspx?jimare=29766
An Upcoming Parliamentary Amendment To The Retirement Law.. These Are Its Details
Money and business Economy News-Baghdad The Legal Committee in the House of Representatives announced, on Saturday, that it is in the process of making amendments to the General Retirement Law to serve the segment of employees, while it indicated the most prominent features of those amendments.
Committee member Aref Al-Hamami said in an interview that "the committee is in the process of making amendments to the general retirement law to serve the employee segment," noting that "the most prominent amendments is to specify a period of service and a certain age. The employee is entitled to request retirement upon completion of one of them."
Al-Hamami added, "The law is still subject to discussions and opinions of blocs and experts in this field."
Regarding the Social Security Law, Al-Hamami explained that "there are extensive discussions for the maturity of this law, as it is one of the laws that is not controversial and is not subject to political consensus, in addition to that it affects the life of the citizen," noting that "the committee is working on making this law flexible and attractive and accommodate the number." Large number of graduates to motivate them to work in the private sector instead of the public, which cannot absorb all graduates.
Al-Hamami indicated that "the committee insisted that the administration and routine of this law include facilities for the citizen and the private sector, as well as the few fees that the worker can pay to ensure retirement at the end of his service and targets all social classes," noting that "the committee will rely in this law on Similar studies and laws in some countries to review them and get a very good result.”
And the House of Representatives voted in 2019 on the first amendment to the Unified Retirement Law No. (9) of 2014, which stated in its amendment that the employee must be referred to retirement in one of the two cases, first upon completing (60) sixty years of age, which is the legal age for retirement regardless Secondly, if the official medical committee decides that he is unfit for service.
Views 184 Added 06/04/2022 - 12:01 PM Update 06/04/2022 - 4:00 PM
Saleh: The Electricity Sector Consumes 50% Of The Investment Allocations Annually
Saturday, Jun 4, 2022 10:31 PM National News Center/ Baghdad Adviser to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Saturday, that the electric power sector annually exhausts 50% of the investment allocations,
pointing out the need to provide the national network with urgent investment through small generating stations in all governorates that operate on local fuel. Saleh said in a tatement, followed by the National News Center, that “the electric power sector depletes about 50% of investment allocations annually,” noting that
“the accumulation of financial savings must have a positive impact on the development of the electric power sector, as Iraq needs 30,000 megawatts. To sustain the residential supply for 24 hours, but what is available is 20,000 megawatts.”
He pointed out the need for "immediate precaution to enter the next decade by about 50,000 megabytes through investment financing of no less than 30 billion dollars mobilized for this purpose."
He added that "there is a technological waste in the energy transmission approaching 30% of the total production as a result of the outdated transmission and distribution networks without renewal,
as well as commercial waste in the distribution sector (collection and collection) of no less than 30% of the total production also due to the assault on the networks. and free violations of electric power consumption.”
He pointed out the importance of “finding an integrated and balanced system between the axes of electrical energy production, energy transmission, and the distribution system or collection.
He added that: Investment in production is a necessary matter, provided that it is accompanied by an investment in energy transfer on the one hand, and requires administrative organization for collection and making the sector economically profitable to sustain investments on the other hand
The future of Iraq between the administration of the state and the project of building it (towards the transition from the stage of power and its administration to the stage of the state and its construction)
Saturday, 4 June 2022 1:39 PM Muhammad Jaafar al-Sadr Imam Ali bin Abi Talib
After every election, we are faced with two entitlements: The first is the completion of the state-building project that has not yet been completed, in its two dimensions: the legal and the political, as the articles of the constitution have not been implemented, and there is no agreement on which state to build, and how?
The second is the election of the three presidencies on the one hand, and the preparation of the government program on the other hand, that is: the state administration.
And every time the most important entitlement is neglected, and we are preoccupied with the second entitlement: interest and dialogue to reach consensus on a government that is no more than four years old, and we leave the work on consensus on the always-delayed state-building project.
Is the opportunity, through the national majority and the Alliance to Save a Homeland, to begin?
The first and greatest entitlement is; It is the completion of the state-building project, “two dimensions” as it will come, and
it has an existential condition: it is the participation of all the sons of the nation in it, with all its spectrums, civil forces and various actors, including the parties, that is: civil society.
The first dimension: legal
It is the drafting of the country's constitution document, which defines the nature of the state, the philosophy of governance, the type of system, the rights and duties between the ruler and the governed, and the various governing authorities.
Then the stage of implementing the constitution begins after its approval, through the same forces collectively, which should continue the process of construction, development and amendment, but change, if necessary, taking into account the higher interests of the country, and adapting to the changes.
The second dimension: my community
These forces have the right to actively participate in shaping the fateful and highly important policies for the country, through dialogue and communication, and through various official and popular institutions, so that everyone feels their role and even their duty to build their country, determine its options, and chart its future.
As for the second entitlement; It is a program for managing the state through its various institutions: the legislative and judicial, up to the executive authority, which is entrusted with managing the government, according to a specific time schedule. within this selection.
Here the political movement appears, represented by the political parties and forces, which are involved in political work with programs and visions, and which are present in constitutional institutions such as Parliament, and which express a segment of the people.
It is necessary to work with these forces within the constitutional rules, and political action such as the majority, the opposition, alliances and the like.
Today, as we call for the achievement of these two entitlements,
we cannot be satisfied with the program of the prospective government only, through understandings or alliances between political forces;
Rather, we must also return in earnest to the origin of the state-building project, the constitution of which we wrote with the blessing of our wise reference, and the acceptance of it by the majority of the people through an elected assembly.
We should also have a serious dialogue among our people about what we want for our Iraq?
Unfortunately, however, we still stumbled in its full and correct application, which made it difficult to fill its gaps or change some of its ambiguous articles, even though it is the document that includes all the concepts that must be followed in building the country.
Will we have the courage to implement the constitution so that we can say that we have taken the first step in the right direction? And to stop wasting time, skipping entitlements, clinging to narrow factional demands, and trying to evade the entitlement to be fully committed to it?
Was the constitution written with the sacrifices of our people, and the calls of our reference to be ink on paper?
I say this because this document outlines for us the features of the state: politically, socially, economically, security, rights and duties, organization of powers, and so on.
Unfortunately, we are still busy with its procedural and formal articles rather than the content and content, because we have not yet moved “from the stage of power and its management to the stage of the state and its construction.”
It is necessary to pause to carry the people's honesty, implement the constitution with all its articles, and move forward in building the state.
We seriously and continuously need a societal dialogue between all societal forces, parties, media, intellectuals, social and religious fronts, non-governmental organizations, various labor, student and professional unions, family and women associations, seminaries, and other religious institutions, to work on crystallizing common visions. And agreed upon for what the country needs, while preserving the differences, so as not to impede the process of building the state.
I know the extent of the differences, and the divergence of views, but all of this can be addressed if the intentions are sincere, and the orientations sincere.
We should be very careful not to distance the people from building their country. For the renaissance of a nation we need:
The participation of all the people in building this country; to a sense of responsibility and to bear the fidelity;
and sacrifices, patience, work and effort; Just as we were able to offer our blood to establish this experience, we are more deserving of our sweat, time and effort to build it.
Therefore, without this active participation, nothing will be achieved.
In return, we need clarity, integrity and dedication from those in charge of government and decision-makers.
We must address the second entitlement: the program of state administration.
The management of the state is not entrusted to the executive authority alone.
The two authorities: the legislative and the judiciary have an active and important role in it.
Any government program will need Parliament to legislate the required laws referred to in the Constitution, or that the state needs in the course of its work.
Any violation of the law or the anti-corruption program will need an impartial and efficient judiciary to carry out the burdens of doing so.
Parliament must stand; When drafting any government program, along with government, to provide legislative support and cover, to get the job done.
The judiciary must be strongly present when its procedures are not implemented and violators are held accountable.
Dear Sisters and Brothers
If we want to build the state, based on the constitution, we must engage in societal dialogue and agree on the following:
That our decision be an independent Iraqi, not dependent.
We must decide: Are we a sovereign or dependent state?
And that Iraq is the supreme interest, and to move away from the policy of axes.
Iraq is a federal state, in which the constitution regulates the relationship between the center and the region.
It is necessary societal consensus through dialogue and mutual trust on the problems and obstacles that obstruct the implementation of the constitution, and to get this file out of narrow political bargains.
The file of the decentralized administrative system for the governorates.
To give up any reference outside the country, for our reference is the state, we protect it, and it protects us, with its people, its constitution and its institutions. To be our national reference.
That the law be applied to everyone without exception.
Restricting arms to the state’s “legitimate violence” hands, and that the arms are for the service of the country, and the security forces, with all their names, are subject to the authority of the state, and are subject to the orders of the Commander-in-Chief, and define their powers, restructure and develop them.
Fighting corruption and stopping it through specialized mechanisms. To choose between good governance or corrupt institutions and bureaucracy.
Social justice, and reducing the differences between members of the same people by all available means.
And to decide: What is the shape of the country's economic system? And to develop an integrated economic plan to build an effective private sector and a partner for the public sector, and to reform the state’s administrative, financial and monetary system.
belong to the people through their successive generations, and we must make good use and management of them; In order to achieve growth and prosperity for us and for subsequent generations.
To other things that happen in the context of state building. All of this requires a societal consensus, not a political one.
In conclusion, and in light of the foregoing, we can answer the question we posed in the beginning:
It is very necessary for the program to be clear, specific and practical, and for a specific authority to implement it, bear its responsibility, and be subject to evaluation and review.
This does not happen unless the entity is specific, taking upon itself this program, in order to be able to implement it and assume its responsibilities.
Therefore, putting forward a national majority is the most appropriate mechanism for the success of the government program, and the best way to run the state.
I note that this solution is in the field of the second entitlement, that is: the administration of the state,
because it obtains the parliamentary majority, and is alone in forming the government, which achieves the privilege of making decisions and assuming its responsibilities, and not in the field of the first entitlement, that is: building the state;
Building the state requires the participation of everyone, the government and the people.
As mentioned above, the problem of building the state and the country is dialogue and consensus.
While the problem of managing the country is the decision.
Hammurabi issued his laws by saying: "When Marduk commanded me to prepare justice for the people of the land, so that they would win a good judgment, I established truth and justice throughout the land, and I made the people happy."
Mesopotamia, the land of blackness, was the cradle of civilization and the home of messages, and the country of laws and legislation, and it will not deviate - by the permission of God Almighty - from its great legacy;
With the zeal and efforts of the people of this country, their devotion and their love for this pure land in which only truth, justice and law are true, so that we may be the best successor to the best predecessor.
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