Iraqi News Thursday Afternoon 6-30-22

TLM724 Administrator BondLady’s Corner

The Minister Of Foreign Affairs Receives The American Ambassador To Discuss The Issue Of Forming The Next Government

Political | 01:57 - 30/06/2022   Baghdad - Mawazine News  Foreign Minister Fouad Hussein and US Ambassador to Iraq Alina Romanowski discussed, on Thursday, the issue of forming the new Iraqi government and the "obstacles" it faces.

In a statement received by Mawazine News, the ministry said, "Foreign Minister Fouad Hussein received the US ambassador to Iraq, Alina Romanowski."

He added, "During the meeting, they discussed bilateral relations between the two countries, and ways to develop joint cooperation between Baghdad and Washington, and the two sides discussed the Iraqi situation and the issue of forming the new Iraqi government and the obstacles it faces."

The two sides reviewed, according to the statement, "a number of international and regional issues and files of common interest, foremost of which is the security and military developments in Ukraine and how this conflict affects the security situation in the region in general and the economic situation in particular."

Reference was also made to "the talks in Vienna between the Islamic Republic of Iran and the United States of America and other concerned countries."

For her part, the US ambassador confirmed, "The United States supports Iraq in various fields, and it will continue to do so." Ended 29/N33    https://www.mawazin.net/Details.aspx?jimare=198085

The Central Bank: We Saved The Iraqi Economy From Collapse.. America: We Contributed $40 Million

Posted On2022-06-29 By Sotaliraq    The Central Bank of Iraq said, on Wednesday, that it saved the Iraqi economy from collapse in 2014, while America said that it contributed 40 million dollars in aid to Iraq to develop the Iraqi economy.

The Governor of the Central Bank, Mustafa Ghaleb, said during the “Access to Finance” conference, that “the bank was able to stop the collapse of the Iraqi economy during the year 2014 with the collapse of security conditions and the drop in oil prices globally through a package of financing operations,” noting that “the tasks of the Central Bank are to address challenges at critical times for the economy.”

He added, "The bank was able, through launching financing initiatives, including liquidity support for government banks and initiatives to finance farmers' dues," noting that "the financing of these initiatives has currently reached 18 trillion dinars."

He pointed out that “the bank intensified its efforts in the field of clean energy through the initiative to finance one trillion dinars to purchase electricity generating units operating on solar energy,” explaining that this financing was “launched in cooperation with the Association of Banks, a social initiative that contributes to linking the banking sector with society to develop some shrines.” religious, tourist facilities, job opportunities, and others. 

For her part, the US Ambassador to Iraq, Alina Romanowski, confirmed that “the US government is proud to launch the activities of the conference to build a thriving private sector on the basis of transparency,” noting that “on the 18th of last May, the US Agency for Development attracted more than $40 million in private investments. seeking to support economic growth and promote greater prosperity throughout Iraq.”

And she added, "I announce today an important partnership project to build the first gas separation plant between the private sector and the Ministry of Industry and Minerals. The project creates more than 30,000 job opportunities."   LINK

Al-Kazemi’s Advisor: Two Main Factors Contributed To The Failure To Submit The Final Accounts 10 Years Ago

Economie   Thursday, 30 June 2022 2:55 PM   National News Center / Special   The financial advisor to the Prime Minister, Mazhar Muhammad Salih, clarified today, Thursday, about presenting the final accounts of the current government, indicating that there are two main factors that contributed to the failure to approve the final accounts on a regular basis 10 years ago.

Saleh said in an interview with the "National News Center", "The current government's presentation of the final accounts requires the submission of final accounts that extend from the year 2015-2020, taking into account that the year 2020 there is no general budget, which requires the submission of a draft law called the current budget, which is a legal expression. For a final account and a budget at the same time, because revenues and expenditures are already realized.”

He added that "it must be realized that the final account of the state is reflected in the operations of applying the general budget in accordance with the legal regulations, regulations and financial instructions issued, to show the financial position of the state, because of the rights it has to collect, and the obligations it has to pay, as the balance of the final account shows the increase Or the 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: The governmental final account is one of the most important financial statements that 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, to clarify all actual expenditures and revenues for the ended fiscal year and the resulting actual surplus. Or a real impotence.

He stressed that “the legislative authority was not able to approve the final account after the year 2012 and until the present time, a decade has passed, and the financial position of the state is still unknown, its details.

In 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 reached a very high number and may be equivalent in terms of the amount to the expenses of a full fiscal year or more and lack supporting documents at a high rate, and the second: the presence of more than one fiscal year that was not available It has a general budget law. What requires legislating a law (a status quo budget), as we noted above, which is closer to the final account, especially for the years 2014 and 2020.”

Saleh considered 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 after passing the final account for the fiscal year 2013 and enacting a budget law for the current situation for the year 2014 so that the government can refer the rest of the government accounts sequentially only previous years.”    https://nnciraq.com/138166/

Canada Supports Iraq With More Than 3 Billion Dollars

The Canadian government announced its support for the incentive climate action project in Iraq with $3.3 billion to solve the problem of climate change, indicating that the project provides an opportunity to alleviate water scarcity.

Canadian Ambassador to Iraq Gregory Galligan said in a speech during the launching ceremony of the project to stimulate climate action in Iraq, that "the Canadian government is working in cooperation with the United Nations Development Program, the Government of Iraq and the United Kingdom to support climate change initiatives," noting that "Canada contributes to this program within Transboundary Water Program to Increase Iraq's Capacity and Capacity.

He added, "The project that we will launch will support the Government of Iraq in the field of water and drought challenges," noting that "this allows the Government of Canada to support these projects by providing 3.3 billion dollars between 2021-2026, as well as solving the water problem in Iraq, climate change and economic development."

Galligan stressed the need to "manage the water file to meet these needs, as well as the lack of water that leads to migration, especially for the marsh dwellers to urban areas," explaining that "the rate of water decline in Iraq has reached 75%."

He stressed that "many of the population faced some health complications and poor breathing due to the rising dust, and these matters effectively and significantly affect women and children," noting that "this project provides an opportunity for Iraqi men and women to provide solutions to mitigate climate change and water scarcity in particular."

He added, "This project provides an opportunity to work with international and local partners to achieve the common goals of climate and environmental sustainability," stressing the need for "work to start from now on to affect climate change."

And he indicated that "our task is to try to continue the flow of water in the Tigris and Euphrates through generations."    https://www.radionawa.com/all-detail.aspx?jimare=30127

America calls on Baghdad and the Kurdistan Region to negotiate the oil dispute and reveals a role for “UNAMI”

Posted On2022-06-30 By Sotaliraq   On Wednesday, the United States called on the federal governments in Baghdad and the Kurdistan Region to negotiate the dispute over oil, and to benefit from the United Nations mission mandated to assist in this regard.

Al-Hurra channel quoted a statement by a US State Department spokesman, in which he stressed, "The government of Iraq and the Kurdistan Regional Government should sit at the negotiating table to reach a solution to the oil issue that is acceptable to both parties and avoid taking steps that inflame tensions."

He added that "the new mandate of the United Nations Assistance Mission for Iraq (UNAMI) specifically mandates it to assist the parties in achieving this."

He added, "Therefore, we encourage the governments of the Kurdistan Region and Iraq to make maximum use of the good offices of the United Nations Mission."

And last February, the Federal Supreme Court of Iraq, the highest judicial authority in the country, issued an order obligating the Kurdistan Regional Government to hand over all the oil produced on its lands to the central government.

And the court’s decision remains threatened not to be implemented in light of a dispute dating back to years over oil resources between the federal government and the Kurdistan Region, which includes 3 provinces and has been autonomous since 1991.

And the court’s decision stated, “obligating the regional government to hand over the entire oil production from the oil fields in the Kurdistan Region (..) to the federal government represented by the Federal Ministry of Oil.”

Iraq's exports, which is the second largest oil exporter in the Organization of the Petroleum Exporting Countries, amount to about 3.5 million barrels per day, and its financial imports represent 90% of the country's budget.

The Kurdistan Region had pledged to deliver 250 thousand barrels of its daily production, which exceeds 400 thousand barrels, to the central government through the Ministry of Oil, in exchange for receiving the salaries of employees and Peshmerga fighters, the armed forces of the region.

The region's oil exports have been the subject of frequent controversy over the past years, with Baghdad demanding that all the country's oil exports be subject to the supervision of the Ministry of Oil of the central government.    LINK

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