Iraqi News Sunday AM 8-21-22

Iraqi News Sunday AM 8-21-22

Tlm724 Administrator Bondlady’s Corner

Al-Kazemi’s advisor clarifies the fate of government revenues, taxes, and fees in the absence of a budget

political| 03:41 - 08/21/2022   Baghdad - Mawazine News, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, explained, today, Sunday, the fate of government revenues, taxes and fees in the absence of the federal general budget.

Saleh said, "In the absence of the federal general budget, the government revenue side, both oil and non-oil, remains effective and continues to collect automatically without interruption, regardless of the legislative circumstances related to the general budget, based on the provisions and applications of the Federal Financial Management Law No. 6 of 2019 as amended."

He added, "The collection of taxes imposed on taxpayers, both direct and indirect, continues, as well as government fees and wages collected for the benefit of the state, to work automatically without interruption, and their revenues are collected from taxpayers in accordance with the provisions, regulations and legal systems legislated in the Republic of Iraq."

And he continued, "Its function is to feed public expenditures, whether in accordance with the legislation of a law for the public budget or what is available from the applications provided by the financial management law in force in how to manage public spending." Ended 29 / h    https://www.mawazin.net/Details.aspx?jimare=203051

Integrity: Recruiting The Former Minister Of Industry And Minerals For Violating His Job Duties

Local | 02:08 - 21/08/2022   Baghdad - Mawazine News, the Federal Integrity Commission announced today, Sunday, the issuance of a recruitment order against the former Minister of Industry and Minerals, indicating that the order came on the charge of violating the duties of the job.

In a statement received by Mawazine News, the Commission's Investigation Department said, "After monitoring the details of the case in the media and social networking sites, coordination was coordinated with the competent judicial authorities, and the Central Criminal Investigation Court issued a summons order against the former Minister of Industry and Minerals, as a result of his deliberate violations of his job duties." ".

The statement added that "the order was issued in accordance with the provisions of Article 331 of the Penal Code, for the accused's intentionally violations of the duties of the job, by pledging to continue the work of the ministry according to the directives of one of the representatives, with the aim of benefiting people at the expense of the ministry's interest."

The media and social networking sites had broadcast a video clip showing the former Minister of Industry and Minerals swearing by the Noble Qur’an, pledging allegiance to a political figure (deputy), and proceeding with the ministry’s work in accordance with the directives issued by him. Ended 29/M99

https://www.mawazin.net/Details.aspx?jimare=203041

Iraqi Gold Reserves Rise To 131 Tons

Economie| 11:58 - 08/21/2022   Baghdad - Mawazine News, Deputy Governor of the Central Bank, Ammar Khalaf, expected today, Sunday, that the cash reserves of the Central Bank will reach 90 billion dollars at the end of this year, while he indicated an increase in gold reserves by 30 tons.

Khalaf told the official news agency, Mawazine News, that "the rise in the central bank's reserves came as a result of the rise in international oil prices, and this is reflected in the rise in reserves," expecting "the reserves to reach 90 billion dollars by the end of this year."

He added that "the current reserves of the Central Bank amounted to more than 80 billion dollars," noting that "the gold reserves amounted to more than 131 tons, as it increased by about 30 tons, and this led to a high ranking of Iraq globally."

He stated that "gold is not increased continuously, but rather through long periods." Ended 29 / AD 99

https://www.mawazin.net/Details.aspx?jimare=203029

Livestock Perished And Fish Died..An Official Warning Of A Mass Exodus Of The Marsh Dwellers

Money and business   On Sunday, Maysan Governorate demanded the federal government to allocate a special water quota for the marshes of the governorate, away from the quota allocated to Maysan and Basra, while warning of a demographic change in them.

Governor Ali Dawai Lazem said in a statement, "Maintaining stable water levels in the different areas of the marshes is of paramount importance to preserve the survival of the residents, including buffalo breeders, fishermen and others, and not to migrate to other areas, as well as to preserve the wonderful world of the marshes with its diversity. Environmental and animal unique to it.

Lazem added that "the demand for additional water quotas for the governorate's marshes away from the quotas of Maysan and Basra, is also linked to fulfilling the requirements to keep the marshes on the UNESCO World Heritage List, as it imposes special international standards and commitments towards this matter that took place during 2017, in order to ensure the preservation of environmental and biological diversity. In which.

And he warned that "the continuing scarcity of water quotas connecting to the marshes threatens to cause a mass migration of them, after their livestock perished and their living requirements, especially for fisheries, were lacking, to other areas, and the pressures this would cause on public services and social and economic confusion in them, expressing his fear of The occurrence of a demographic change in those areas on the background of their leaving them and settling in other areas where they find sources of livelihood. Views 122   Added 08/21/2022 - 12:08 PM   Update 08/21/2022 - 5:39 PM

https://economy-news.net/content.php?id=29410

Al-Nusairi: (Tamkeen Fund) Initiative Of The Central Bank And The Banking Sector In The Service Of Society

Articles

Samir Al-Nusairi  The (Tamkeen Fund) initiative is one of the societal initiatives that has clearly contributed and achieved the objectives of the Central Bank and the banking sector in serving the Iraqi community in various basic fields.

The Community Initiatives Fund “Tamkeen” was established to achieve the economic and societal goals of the Central Bank of Iraq contained in Law 56 of 2004, which include achieving economic stability and promoting sustainable development and community service.

This is achieved with the economic, humanitarian and cultural support of the community, through the initiatives provided by the Central Bank, banks and supporting authorities to achieve the economic and societal goal at the same time and support the humanitarian cases of citizens, in light of the complex and accumulated critical economic conditions that the country has witnessed.

Due to the decline in public services provided, the economic recession and the spread of the Corona pandemic.

The Community Initiatives Fund "Tamkeen" is financed through monthly subscriptions from Iraqi private banks and companies chock-full of the banking sector.

These funds are deposited in a separate account within the Central Bank of Iraq, and they are spent through a specialized committee whose membership includes the Central Bank, the Association of Iraqi Private Banks, banks and the Organizations Department in the General Secretariat of the Council Ministers.

The importance of the Tamkeen Initiatives Fund stems from its endeavor to support the community through: Reviving the social and economic situation.

Employing manpower and empowering youth

Supporting humanitarian, cultural, societal, artistic and environmental cases

He pointed out that the total number of initiatives supported by the "Tamkeen" Fund since its inception until now has reached hundreds of economic, humanitarian, cultural and societal initiatives, and the initiatives depended on supporting and developing Iraqi youth in various educational, service, health and other sectors. and highlight

The areas in which the Tamkeen Fund contributed are:

1- Human and social situations.

Which has increased in the past years as a result of economic and social conditions.

2‐ Social Domains

Supporting the education sector.

3- Environmental protection

Combating desertification in cooperation with the Ministry of Agriculture.

Launching the “Initiative to Combat Desertification”. It is an initiative that includes planting two million seedlings in all governorates of the country that suffer from this problem, while equipping the cultivated areas with drip irrigation systems.

4‐ The support provided to culture, media, and the arts. The most prominent cultural project is the completion of the rehabilitation and development of Al-Mutanabi Street (the heart of Iraqi culture).

5- Financing economic, development and reconstruction projects.

Views 90   Added 08/21/2022 - 10:47 AM   Update 08/21/2022 - 5:39 PM

https://economy-news.net/content.php?id=29404

The Rise In The Exchange Rate Of The Dollar

Economie| 09:42 - 08/21/2022   Baghdad - Mawazine News  The dollar exchange rates witnessed, today, Sunday, a slight increase in the Iraqi Stock Exchange.

Today, Sunday, the selling prices of the dollar were 148,150 dinars per 100 dollars, while the purchase prices of the dollar were 148,050 dinars per 100 dollars.

https://www.mawazin.net/Details.aspx?jimare=203021

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