Iraqi News Sunday AM 11-29-20
Iraqi News Sunday AM 11-29-20
TLM724 Administrator BondLady’s Corner
How Much Does Parliament Need To Approve The 2021 Budget And What Will Happen To Its First Month's Salaries?
Time: 11/29/2020 17:12:40 Read: 2,743 times {Baghdad: Al Furat News} The Parliamentary Finance Committee revealed, on Sunday, the time period for approving the federal budget for the year 2012, while commenting on the fate of employees' salaries for the month of January.
A member of the committee, Ahmed Hajj Rashid, told Al-Furat News that "the government was slow in sending the draft budget for 2021, and Parliament needs a full month to pass the law."
Rasheed held the government "responsible for securing the salaries of employees and the lack of services for citizens by delaying sending the budget law to the parliament."
He also called on the government to "process January salaries and secure them through oil money, especially after the rise in prices, and postpone other obligations," describing the salaries as "the red line and the engine for the local market."
Regarding the SOMO company, Rasheed said, "According to the company's data, the government gets more than $ 3.5 billion a month, which is sufficient to secure salaries," noting that "the government is deliberately reluctant to obtain funds for other sectors." According to him, Rashid concluded, "There are no final accounts for the year 2020 because the budget was not approved," stressing. LINK
Who Will Take Back The Frozen Money Of Iraq ?!
Pratha News Agency109 2020-11-29 Hamid Al-Mousawi After Iraq invaded Kuwait in 1990, the UN Security Council issued Resolutions 660 and 661 that decided to freeze Iraq’s funds abroad, and after 2011 a parliamentary commission was formed to account for Iraq’s funds abroad to find out that the value of these funds exceeds $ 87 billion. This is without farms. Tea and rice in Vietnam, Thailand and Sri Lanka, and potato plantations with an estimated area of more than 36 thousand hectares.
Iraq also owns hotels, clinics and tourist cities in Italy, Spain, France and Brazil, and most of these tourist facilities are leased until 2049 ..
And there are contracts concluded by Iraq in the eighties with Italy for the establishment of a naval war fleet of 11 warships, worth 1.5 billion dollars. Iraq paid these funds to Italy, but to this day it has not received these ships.
The World Bank reports revealed that Iraq had fish lakes in Somalia and Mauritania, in addition to an oil refinery in Nigeria, and all these funds and more were given to Iraqi figures affiliated with the former regime and operate according to the principle of foreign investments.
It is also mentioned that after the US invasion of Iraq in 2003, Saudi Arabia confiscated an Iraqi oil pipeline that passes through Saudi Arabia to the Red Sea and a floating port that was built with Iraqi money, under the pretext of compensating Saudi Arabia for the bombing of Riyadh with Iraqi missiles .. It also considered that Syria itself was damaged by Iraq and confiscated An Iraqi oil pipeline heading to Banias .. As for Turkey, it has put its hand on massive Iraqi investments in the Mediterranean, under the pretext that its interests will be damaged by the American invasion.
Despite the huge size of these funds and their profits since 2003, the weakness of the Iraqi government and its weak diplomatic and legal work were behind its failure to obtain these properties to this day.
http://burathanews.com/arabic/articles/381482
Statement: Mustafa Al-Kazemi, Prime Minister And Commander In Chief Of The Armed Forces,
November 29 , 2020 Based on our keenness to impose law, consolidate the state’s values, and undermine everything that would escalate tensions between the people of the same country and threaten the state and its institutions, and because we find it necessary to impose the law in a way that secures and protects peaceful demonstrators, and separates them from the terrorists, the unfortunate events that took place in that Qar finally calls for a responsible stance on all levels.
Accordingly, we decided to form a high-level committee from the central government entitled (The Emergency Crisis Team) that would grant administrative, financial and security powers to protect peaceful demonstrators, state institutions, and private property, block the road to everything that would sow discord, and make peaceful demonstrators confronting the state. Since the government assumed its responsibility, it has been keen to support peaceful protest and support the just trends demanded by the youth of Iraq.
We call upon our people and our conscious youth to unite their efforts to build the country, for an Iraq fit for Iraqis.
Mustafa Al-Kazemi, Prime Minister and Commander in Chief of the Armed Forces,
29 - November – 2020 https://pmo.iq/press2020/29-11-202001.htm
Political Disputes Plague The Federal Court Law
Sunday 29th November 2020 165 Baghdad: Hazem Muhammad Habib and Shaima Rashid Political disputes are still going on over the Federal Court Law and its upcoming amendments. While the House of Representatives refused to withdraw its powers by ratifying the members of the "Federal" and transferring that authority to the Presidency of the Republic, the Parliamentary Legal Committee affirmed that "without the Federal Court Law, there will be no elections due to its close association with the law."
Member of the Parliamentary Legal Committee, Hussein Al-Oqabi, said in an interview with Al-Sabah, that “nominating members of the Federal Court is exclusively within the jurisdiction of the judiciary, and voting for its members takes place within the House of Representatives, and we refuse to withdraw the powers of the Council in approving its members,” indicating that “choosing Court members are subject to political consensus ».
Al-Oqabi said: “The House of Representatives received the draft Federal Court bill from the Presidency of the Republic, and one of its articles stipulates the withdrawal of the jurisdiction to certify members of the court from the House of Representatives, and granting authority to the Presidency of the Republic to approve the names that are nominated by the Supreme Judicial Council,” stressing that “ Parliament will not accept this law at all », and explained that« the lack of a quorum for the members of the current Federal Court created a legal and constitutional vacuum, as it disrupts many laws and legislation ».
Al-Aqabi pointed to a legislative defect in Federal Court Law No. 30 of 2005, after the court canceled (Article Three) of the law, as there was difficulty in completing the court’s quorum.
He added, "We need to amend this law and create a mechanism to nominate judges," pointing out that "this court is a supreme body, and one of the sensitive institutions, and voting for its members must be within a council."Representatives ». LINK
The High Exchange Rate Of The Dollar In The Iraqi Market
Pratha News Agency131 2020-11-29 The exchange rate of the dollar rose in the main stock markets for the second day in a row, while it stabilized in the local markets today, Sunday (November 29, 2020)
The Kifah Stock Exchange recorded 125,500 dinars against 100 US dollars, while yesterday, Saturday, prices recorded 125,300 dinars per 100 dollars. As for the exchange rate on the local market, it stabilized where it was Sale price: 126,000 dinars per $ 100. Purchase price: 125,000 dinars per $ 100
http://burathanews.com/arabic/economic/381464
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