Iraqi News Sunday PM 6-19-22
Iraqi News Sunday PM 6-19-22
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Al-Kazemi's Advisor Talks In Detail About The White Paper: Reforms In A Professional Manner
Money and business Economy News – Baghdad On Sunday, Adviser to the Prime Minister and Executive Director of the Reform Cell, Alaa Al-Saadi, set the goals of the white paper, while noting that it was written systematically away from politics, stressing that it is not linked to the next government.
Al-Saadi said in a speech during the Sixth Energy Conference, according to the official news agency, that "the white paper aims to achieve two strategic goals: the first is to initiate a radical and immediate reform program to stop the budget's bleeding and deficit and to provide sufficient financial and time spaces to start reform, and the second goal is to develop the economy and the budget." On a sustainable path to the bright future options.
He explained, "Prime Minister Mustafa Al-Kazemi launched the actual implementation of the white paper projects at the beginning of August of last year," stressing that "the Reform Department cell in the Prime Minister's Office will continue to follow up on the ministries behind in the implementation process."
He added, "The white paper was written to diagnose economic problems accurately and systematically," noting that "work on it is not done spontaneously or on an individual project, but through plans that diagnose the problem and determine the appropriate treatments for it."
He continued, "The paper was designed to present a mixture of strategies and policies to confront Iraq's economic problems," noting that it "sought to redefine the role of the economy in society, in application of the principles of the Constitution, as well as its endeavor to improve the state's management of public financial systems and create the appropriate environment to create a dynamic and dynamic economy." competitiveness, in addition to its endeavor to restructure the financial and banking system, and to address the factors that led to low productivity in all its forms through the implementation of works and through commitment to applications.
And he added, "The white paper did not forget to protect the fragile classes in society, and this tool was achieved through several axes, including achieving sustainable financial stability, economic reforms, facilitating infrastructure, providing basic services, giving priority to fragile groups, in addition to developing governance and the environment." Legal and administrative capacity to enable institutions and individuals to implement reform.
He stressed, "The white paper is a paper for economic reforms for Iraq in a purely professional manner, as it did not target political factors, that is, it was not drawn in a political way, but was written in a purely professional manner and provided the appropriate environment for the development process regardless of the form of the next government, and its political and intellectual orientations."
52 . views Added 06/19/2022 - 3:46 PM Update 06/19/2022 - 5:06 PM
https://economy-news.net/content.php?id=28556
During The Energy Forum... Al-Kazemi's Advisor: The White Paper Was Professionally Designed And Not Linked To Governments
Sunday, June 19, 2022 3:06 PM National News Center/Baghdad Today, Sunday, Adviser to the Prime Minister and Executive Director of the Reform Cell, Alaa Al-Saadi, set the goals of the white paper, while noting that it was written systematically away from politics, stressing that it is not linked to the next government.
Al-Saadi said in his speech during the second day of the Sixth Energy Conference, that “the white paper aims to achieve two strategic goals: the first is to initiate a radical and immediate reform program to stop the budget’s bleeding and deficit and to provide sufficient financial and time spaces to start reform, and the second goal is to put the economy and the budget on a sustainable path.” Mashreq for future options.
He explained, "Prime Minister Mustafa Al-Kazemi launched the actual implementation of the white paper projects at the beginning of August of last year," stressing that "the Reform Department cell in the Prime Minister's Office will continue to follow up on the ministries behind in the implementation process."
He added, "The white paper was written to diagnose economic problems accurately and systematically," noting that "work on it is not done spontaneously or as an individual project, but rather through plans that diagnose the problem and determine the appropriate treatments for it."
He continued, "The paper was designed to present a mixture of strategies and policies to confront Iraq's economic problems," noting that it "sought to redefine the role of the economy in society, in application of the principles of the Constitution, as well as its endeavor to improve the state's management of public financial systems and create the appropriate environment to create a dynamic and dynamic economy." competitiveness, in addition to its endeavor to restructure the financial and banking system, and to address the factors that led to low productivity in all its forms through the implementation of works and through commitment to applications.
And he added, "The white paper did not forget to protect the fragile classes in society, and this tool was achieved through several axes, including achieving sustainable financial stability, economic reforms, facilitating infrastructure, providing basic services, giving priority to fragile groups, in addition to developing governance and the environment." Legal and administrative capacity to enable institutions and individuals to implement reform.
He stressed, "The white paper is a paper for economic reforms for Iraq in a purely professional manner, as it did not target political factors, that is, it was not drawn in a political way, but was written in a purely professional manner and to provide the appropriate environment for the development process regardless of the form of the next government, and its political and intellectual orientations." https://nnciraq.com/135899/
Baghdad And Washington Are Discussing Efforts To Spread A Culture Of Law By Resolving Disputes Through The Judiciary
Today, Sunday, the Supreme Judicial Council and Middle East Programs at the United States Institute of Peace discussed efforts to spread a culture of law by resolving disputes through the judiciary.
The Supreme Judicial Council said in a statement, "The President of the Supreme Judicial Council, Faeq Zeidan, received today the Director of Middle East Programs at the United States Institute of Peace Sarhank Hama Saeed."
"The two sides discussed the Institute's efforts to spread a culture of the rule of law in resolving disputes through the judiciary," he added. https://www.radionawa.com/all-detail.aspx?jimare=29975
Environment: Iraq's Accession Plan To The Paris Agreement Represents A Quantum Leap
Today, Sunday, the Ministry of Environment revealed Iraq's plans after joining the Paris Agreement and its vision to adopt renewable energy instead of fossil fuels.
The Minister of Environment, Jassem Al-Falahi, said in a speech during the Sixth Energy Conference, that "Iraq mainly depends on its economy of crude oil," noting that "the Iraqi economy suffers from some crises as it largely follows the fluctuation of oil prices depending on supply and demand markets, as well as The rate of gaseous emissions affected by burning associated gas.
He explained, "Iraq's vision is to establish the so-called left arm of the economy, which depends on renewable energies and solutions based on nature," noting that "Iraq's accession plan to the Paris Agreement represents a qualitative leap."
He added, "Accession to the Paris Agreement resulted in Iraq committing important obligations and setting a future road map for a diversified economy based on renewable energies and not relying on fossil fuels."
He continued, "The efforts of the Ministry of Oil are great, in cooperation with the Central Bank, in order to benefit from gas associated with emissions technology, in compliance with the Paris Agreement on the one hand, and the demand and need for gas associated with energy production on the other."
https://www.radionawa.com/all-detail.aspx?jimare=29974
Minister Of Oil: There Is No Official Notification From The Region Yet, And We Will Proceed With All Procedures To Implement The Decision Of The Federal Court
Sunday 19 June 2022 16:43 | political Number of readings: 108 Baghdad / NINA / Prepared by.. Youssef Salman: Oil Minister Ihsan Abdul-Jabbar Ismail reiterated the implementation of the Federal Court's decision regarding contracts for companies operating in the Kurdistan region, stressing the continuation of all legal and constitutional legal procedures that enable us to implement this decision as well as other steps.
Ismail said, in a statement to a group of media outlets, including the National Iraqi News Agency ( NINA ), today, Sunday, that "Iraq is working to increase its oil capabilities, and we have large projects to increase oil production, because Iraq is committed to the decisions of the Organization of Petroleum Exporting Countries and is committed to the policy of work in it, because producers must They provide oil to all investors."
He added, "We are committed to reaching a peak production of 8 million barrels by the end of the year 2027, and currently we have projects underway in most of the oil fields, especially in the Basra Governorate, as well as infrastructure projects to extend runoff pipelines to the sea."
On the issue of companies operating in the Kurdistan region, the Minister of Oil explained, “We are implementing the decision of the Federal Court, and all the legal and constitutional legal procedures that were able to implement this decision. We will proceed with this step and other steps,” noting, “We believe in federal Iraq, the authorities of the regions and governorates, and the standard administration.” But the principle is to implement the decision of the Federal Court, and more than that is to reach standard methods in managing the entire oil wealth throughout the country.”
And regarding the establishment of two oil companies in the Kurdistan region, the Minister of Oil commented, “We have not seen any official notification so far from the regional government, and if this is done, we will study its proposals and evaluate their conformity with the constitution, law and provisions of the Federal Court’s decision, and the extent to which they comply with the federal authorities and powers, and then it will be We have an official position on it."
Regarding the ceiling of Iraq’s oil production, Abdul-Jabbar said, “We are committed to our share in OPEC and we achieve within 100% of this commitment,” noting that “the export ceiling for all of Iraq for the month of June will be 3 million and 800,000 barrels, and for the month of July it will be 3 million and 850 thousand barrels, And so, in turn, including the production of the Kurdistan region."
And on the results of the emergency support law for food security and development, which was approved by the House of Representatives early this month, Abdul-Jabbar stressed that "
Minister Of Oil: The Ministry Will Study The Proposal To Establish Two Oil Companies In The Region
Energy Economy News _ Baghdad Today, Sunday, Oil Minister Ihsan Abdul-Jabbar announced that the ministry will study the proposal to establish two oil companies in the Kurdistan Region if it receives an official notification from the regional government in this regard.
Abdul-Jabbar said in an interview with Shafak News Agency, followed by "Al-Iqtisad News", "We have not seen any official notification from the regional government so far on this issue," adding that "it is not possible for us to issue a position regarding what we hear from the media."
He explained, "We will read their proposals and their responses to us, and see whether they conform to the law and the constitution? And are they in conformity with the provisions of the Federal Court Law? Are they consistent with the federal authorities and powers? After that, we will have an official position."
On Friday, June 18, the Kurdistan Regional Government announced that it intends to establish two public oil and gas companies.
According to a report published by the regional government today, on its vision for managing the oil file, the two companies are the Kurdistan Regional Oil and Gas Company (KROC), which is specialized in the exploration, production and transportation of oil and gas, and the Kurdistan Oil Marketing Company (KOMO), which will be specialized in oil marketing.
The report stated, "It is possible to coordinate between these two companies on the one hand, and the National Oil Company and (SOMO) in related fields on the other hand, and that the coordination of the Federal Ministry of Oil with the natural resources of the Kurdistan Region."
To do all this, the report stipulated “the necessity of restructuring the company (SOMO), amending its bylaw, and making it a federal institution, in which decisions are taken jointly in order to achieve real participation of the Kurdistan Region in that company, and the representative of the regional government has the right of veto with regard to the Kurdistan Region issues. Views 120 Added 06/19/2022 - 1:10 PM Update 06/19/2022 - 5:09 PM https://economy-news.net/content.php?id=28554
Planning: Inflation Indicators In Iraq Are Still Within Normal Rates
Economie| 12:54 - 06/19/2022 Baghdad - Mawazine News, on Sunday, the Ministry of Planning identified the reasons for the high rates of inflation in Iraq, while confirming that this rise is within normal levels.
The ministry's spokesman, Abdul-Zahra Al-Hindawi, told the official news agency, "The rise and fall of inflation is affected by economic conditions, the size of the monetary mass, and the prices of goods and services," noting that "inflation worldwide is witnessing a rise in its rates, as it reached the highest rate affected by the global food crisis and its consequences." The Russo-Ukrainian War.
He added, "Iraq is part of the global economic system that is affected by such conditions," stressing that "inflation indicators have risen in Iraq during the past months, but the rises are still within the normal rates and have not reached unruly levels as described in economic conventions."
https://www.mawazin.net/Details.aspx?jimare=196920
The Results Of The Foreign Currency Sale Window Monday 20/6/2022
Advertisement No. (4669) Sale date - Monday 20/6/2022 the details the amount
Total sales for the purposes of strengthening balances abroad (remittances, credits) 201,956,263
Total cash sale 57,550,000 total total sales 259,506,263
Note that: The selling price of the amounts transferred to bank accounts abroad is ( 1460 ) dinars per dollar. The cash sale price is ( 1460 ) dinars per dollar. » The Central Bank of Iraq’s foreign currency sales schedule, Monday 20/06/2022 https://cbi.iq/currency_auction
Know The Dollar Exchange Rate
Economie| 09:40 - 06/19/2022 Baghdad - Mawazine News, the dollar exchange rates recorded, today, Sunday, stability in the local Iraqi markets. The selling price was 149,000 dinars per $100, while the purchase price was 148,000 dinars per $100. https://www.mawazin.net/Details.aspx?jimare=196898
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