Iraqi News Thursday Afternoon 4-28-22
Iraqi News Thursday Afternoon 4-28-22
TLM724 Administrator BondLady’s Corner
US Report: The Elections Disrupted The Implementation Of Economic Reform In Iraq
Posted On2022-04-28 By Sotaliraq Translation: Hamed Ahmed An American report stated that many reforms in Iraq are still stalled, pointing out that the elections hindered the progress of the white paper, while he saw that the security situation prevents the presence of investment companies, indicating that the wave of protests that caused the change of government was caused by the national identity.
A report issued by the American Atlantic Council for Research and its translation (Al-Mada) stated that “Iraqis, individuals and groups, are constrained within a situation in which there is no clear way to facilitate collective Iraqi interests without sacrificing their interests.”
The report added, "Progress in Iraq and moving forward in it generally means that there will be a loss for one party over the other, and that those who lose have an interest in obstructing the progress that comes at their expense."
He pointed out that "these groups sometimes resort to violence, and for this reason, efforts to confront cases of corruption and instability directly and promote economic development often fail." And the report stated, "The best way to move forward is to obtain a better understanding of those interests and how they interact, and then set conditions through which individual and collective interests are preserved while progressing more with national interests."
And he stated, "The democratic progress that took place in Iraq after 2003, and despite it, many of the political, economic, social and security reforms in the country are still hampered."
The report noted that "the main reason for this is due to the deadlocked political impasse and rampant corruption in both the public and private sectors."
He stated, "All these circumstances helped strengthen political parties, most of which are backed by armed groups, that seek to impose an alternative political system that competes with the institutions of the Iraqi government." The report emphasized that "this is often outside the provisions of the Iraqi constitution," and believed that "moving forward will require a broader consensus among Iraqis regarding confronting these problems and finding solutions to them." And he added, "Today, many Iraqis suffer from high unemployment rates, low wages, and a miserable level of education and training."
The report pointed out that "the fragile security situation and the continued dependence on external support exacerbated these conditions, which continue to cause them to impede both internal and external investments in the country." He cautioned, that "these conditions exacerbated further with the feeling of inequity in the distribution of resources between political parties and Iraqi social strata, and even among government institutions," and finds that "these conditions lead to public resentment toward the government and encourage protests."
The report stated, "Political legitimacy depends on equality in the distribution of resources and services, which requires political consensus, political will, and effective institutions in the public and private sectors."
He stressed, "The Iraqi government's economic reform paper for the year 2020 provides a comprehensive roadmap for reform, stability, and recovery across the country's economic sectors." The report stated, "The reform paper was distinguished by its breadth and transparency, but its implementation was hampered by criticism of it as a more technocratic plan, and it was further hampered by the elections and the government formation process."
He went on to say that "strengthening Iraqi institutions will require a significant transfer of experience from international organizations and partners." The report continues, "These organizations, including the International Monetary Fund and the World Bank, can develop Iraq's ministries and encourage investments by foreign companies that provide job opportunities and develop the Iraqi private sector."
He added, "The unstable security situation prevents the presence of foreign investment companies, and the improvement of the security situation will help improve the conditions for the participation of international institutions that achieve economic development." The report called for “supporting economic reform through justice in the distribution of resources, government control over the resources of border crossings, and strengthening the principle of taxation.”
He also called for “strengthening reconstruction efforts and doubling support for the returning and displaced people,” and spoke of “the need to diversify the sources of the economy, as oil revenues are unstable and unreliable in maintaining the sustainability of government expenditures and the Iraqi economy, and the Iraqi government must diversify its sources of income.” .
The report advised the government to “develop its agricultural industry, and focus on developing this sector to provide more job opportunities, and to export the crops it produces, including wheat, barley, dates and other agricultural products that benefit financially.”
He stated, "Most of the protests in Iraq have largely focused on national identity, and while the Iraqi people in general do not see their problems through a sectarian lens, there has been limited cross-sectarian cooperation to solve Iraq's political and economic problems."
The report added, "Enhancing national identity, and thus enhancing government legitimacy, stability and economic growth, requires building institutions that embody an Iraqi national identity and provide opportunities for quality services that enhance that identity, and that civil institutions have a role in this."
The report promised, that “the youth class is an important and neglected segment that can be used to build Iraq, and the Iraqi youth is an effective source of patriotic feeling that the government must mobilize and invest to confront sectarian advocates. The government can facilitate this by improving youth opportunities and involving them more in the electoral process.” “.
He continues, "The mobilization of young people is done through improving their opportunities and conditions in the country, which is a vital factor to reach lasting political stability."
He added, "This is done by providing economic opportunities, small projects and loans for young people, and by providing training courses to develop their skills in construction, medicine, agriculture and service industries."
The report went on to say that "in order to support and strengthen an organized society, weapons must be restricted to the government's hands only. This leads to the promotion of recovery, and all Iraqis see in their army forces an important symbol of national unity and a way to build a national identity." LINK
Parliamentary law confirms that the political blockage is obstructing the approval of the budget
Today, Thursday, the Head of the Legal Committee in the House of Representatives, MP Muhammad Anouz, announced that work is currently being done to issue a parliamentary resolution obligating the government to submit the budget.
In an interview with "Al-Sabah" newspaper, Anouz said, "The political blockage led to the delay in approving the budget and the disruption of bills that cast a shadow on the country's economic situation and the living reality of citizens."
He added that "there are about 120 laws that have been transferred from the previous parliamentary session to this session, some of which affect the economic aspect," noting that "the constitution did not prevent the caretaker government from sending bills to Parliament."
https://www.radionawa.com/all-detail.aspx?jimare=29240
The Exchange Rate Of The Dollar Against The Dinar Slightly Increased On The Main Stock Exchange Today
Thursday 28 April 2022 11:00 | economic Number of readings: 211 Baghdad / NINA / - The exchange rates of the dollar rose slightly against the Iraqi dinar, on Thursday, on the main stock exchange in the capital, Baghdad.
And the Central Kifah and Al-Harithiya Stock Exchange in Baghdad recorded this morning 147,550 dinars, compared to 100 dollars, while the prices recorded, yesterday, Wednesday, 147,500 dinars, compared to 100 dollars.
And the buying and selling prices have stabilized in banking shops in the local markets in Baghdad, the selling price is 148000 dinars per 100 dollars, while the purchase prices amounted to 147,000 dinars per 100 dollars./End of 7 https://ninanews.com/Website/News/Details?key=972905
Amer Al-Jawahiri To / Nina /: Improving Economic Activities In The Local Market Is More Stable Than Deleting Confusing Zeros
Thursday 28 April 2022 16:55 | economic Number of readings: 25 Baghdad / NINA / - The consultant in industrial development and investment, Amer Al-Jawahiri, confirmed: "Improving economic activities in the local market is more stable than deleting confusing zeros."
Al-Jawahiri said in a statement to the National Iraqi News Agency ( NINA ): "The strength of the local economy is the main factor in improving the dinar's exchange rate against currencies and gold."
He added, "We have to focus efforts on developing the economy to solve many things," noting that there has been no actual movement to empower and strengthen the economy during the past decades.
He explained that: "With the increase in oil and other revenues, there was no improvement in the strength of the dinar, which was reduced at the end of December 2020. The rate of change was 23%, and there was an increase in prices more than that, and there was confusion in the sensitive and fragile market that has no control."
Al-Jawahiri expressed concern about improper economic and financial operations, especially with regard to changing the zeros or deleting part of them in the value of the dinar, pointing to the need to improve economic activities because the street cannot tolerate confusion and market manipulation. / End 3 https://ninanews.com/Website/News/Details?Key=972988
The French Ambassador To / Nina /: We Are Working To Develop Fruitful Cooperation With Iraq By Entering Many Of Our Companies
Thursday 28 April 2022 16:25 | political Number of readings: 130 Baghdad / NINA / - France confirmed the desire of its companies to work and invest in Iraq.
The French ambassador to Iraq, Eric Chevalier, said, in a statement to the National Iraqi News Agency ( NINA ), that "one of the most important elements of constructive cooperation between our two friendly countries resulted in the signing of the agreement between the French company Total and the Iraqi government late last year, and this is what we would like and are working to develop really." .
He explained, "The agreement included many axes, through which the giant Total will work in Iraq, in various fields, including construction and infrastructure for vital economic and service sectors."
He added, "Many other French companies and institutions would like to work in Iraq, and they also agree to support work in various sectors, including water and electricity, as well as the project for the reconstruction of Mosul International Airport in Nineveh Governorate, in which we have taken important steps with which we hope to proceed with the implementation of this project." ./End 5
https://ninanews.com/Website/News/Details?Key=972983
Al-Ghazi To The Italian Ambassador: Iraq Seeks To Expand Its International Partnerships
Thursday, 28 April 2022 5:11 PM National News Center/ Baghdad The Secretary-General of the Council of Ministers, Hamid Naim Al-Ghazi, received today, Thursday, the Italian Ambassador to Iraq, Maurizio Cricante, and his accompanying delegation; To discuss joint cooperation frameworks between the two governments.
A statement issued by his media office stated to the "National News Center", that "the meeting discussed the mechanisms of directing the Italian soft loan that Italy allocated to Iraq earlier, and the possibility of employing it in developing the tourism and antiquities sectors, within the projects of the ancient city of Ur and the new Iraqi Museum."
Al-Ghazi stressed that “Iraq seeks to expand its international partnerships and invest its expertise in implementing strategic and vital projects that contribute to the investment of its diverse resources, especially those related to the tourism and antiquities sector, pointing out that Italy possesses great expertise that qualifies it to participate in the development of this sector, in light of the sites Iraq owns.” archaeological, religious and other landmarks, which made it an important destination for tourists.”
He directed, by forming a specialized team in the General Secretariat of the Council of Ministers, to coordinate between the relevant institutions from the ministries of planning, finance, culture, tourism and antiquities, to prepare a preliminary plan according to an integrated vision of the mechanisms for implementing the two projects to be presented to the Council of Ministers, calling on the Italian ambassador to send an official letter from the embassy in this regard. matter.”
For his part, the Italian ambassador praised the bilateral relations between the two countries and the importance of developing partnership horizons in the interest of the two friendly peoples, stressing the desire of his country’s companies to enter the Iraqi market within various projects, while pointing out that there are a number of exploration missions that have worked and are still working in Iraq, which will be It has a major role in implementing the archaeological cities development project. https://nnciraq.com/124519/
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