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Iraqi News Tuesday AM 5-25-21

Iraqi News Tuesday AM 5-25-21

TLM724 Administrator BondLady’s Corner

For The Second Day ... The Increase In The Sales Of The Central Bank Of Iraq Of Dollars

 Economy  Tuesday 25 May 2021 | 12:42 PM| Views: 98  The Central Bank of Iraq’s hard currency sales rose today, Tuesday, to $ 189 million .  A source stated that the Central Bank of Iraq witnessed during its auction for the sale and purchase of foreign currencies today a 3.28% increase in its sales to reach 189 million 223 thousand and 450 dollars, covered by the bank at a base exchange rate of 1460 dinars per dollar, compared to yesterday, Monday, where sales reached 183 million And 12 thousand and 60 dollars .

The purchases amounting to 137 million and 923 thousand and 450 dollars went to strengthen the funds abroad in the form of transfers and appropriations, while the remaining amount of 51 million and 300 thousand dollars went in cash .

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He pointed out that 30 banks have fulfilled requests to enhance balances abroad, 15 banks to process cash requests, and 29 participating exchange companies.   https://aynaliraqnews.com/index.php?aa=news&id22=147837

Al-Fateh Comments On The Demonstrations Today: The Demands Of His Right In The Face Of The Climbers To Power

Tuesday, 25 May 2021 11:30 AM  Private / National News Center   Today, Tuesday, the Al-Fateh Alliance revealed its position regarding today's demonstrations in Baghdad and the provinces.

A member of the Al-Fateh Alliance, Muhammad Al-Baldawi, said in a special statement to the "National News Center", that today's demonstration is an extension of the October demonstrations demanding services and providing them. Submit it for the government curriculum.

Al-Baldawi indicated that "the demonstrations today have realized and revealed the falsehood of some climbers on the blood of the martyrs who were demonstrating in October and speaking on its behalf have let them down and participated with the current government that did not abide by its promises with the citizens."

Al-Baldawi pointed out that "the demonstrations today are true and demand services and political, economic, service and security reform. These are reforms that the Al-Kazemi government proposed, but it did not abide by them."

This morning, a demonstration began in Baghdad and a number of provinces to demand the disclosure of the killers of activists and the preservation of electoral security.   https://nnciraq.com/66097/

5 Ministers And The Governor Of The Central Bank Are On The Parliament's Questioning List

Posted On 2021-05-25 By Sotaliraq   Baghdad / Muhammad Sabah   A special parliamentary committee has completed reviewing and scrutinizing the interrogation requests of a number of government officials, including the Minister of Finance, who will be questioned in next Monday’s session, and there are four other files that the concerned committee will finalize its evaluation soon. Yonadam Kanna, head of the Rafidain Parliamentary Bloc, confirmed in a statement to (Al-Mada) that "there are many requests for interrogations submitted to the special committee concerned with interrogation," indicating that "this committee began examining these files some time ago."

In the year 2020, the Presidency of the House of Representatives referred the files of questioning the ministers of finance, higher education, industry, the governor of the central bank, and the head of the Media and Communications Commission, to a special committee composed of three legal advisers to consider its formal and legal procedures before setting the dates for the interrogation sessions.

The head of the Rafidain Parliamentary Bloc adds that "the special committee has completed the examination of the files of the questioning of the Minister of Finance and the Central Bank, and before that the head of the Media and Communications Commission, who was voted out," adding that "there is a tendency to question the ministers of electricity, trade and oil."

Parliament Law No. (13) of 2018 enforced in its article (22) obliges the formation of a special committee to provide opinion and advice on the availability of the necessary conditions in the request for interrogation in accordance with the internal system of the House of Representatives.

The internal system of the House of Representatives, in its fifty-eighth article, also requires that the interrogation request be addressed in writing to the speaker, signed by the person submitting the interrogation, and with the approval of at least twenty-five members.

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Kanna noted that “the requests to interrogate some ministers are still under scrutiny and have not been finalized by the special committee concerned with the file of interrogations,” expecting that all these requests will be studied and submitted to the Presidency of the Council in the near future. Kanna believes that "the interrogation is not necessarily the dismissal of the official or the minister.

Perhaps there will be legal prosecutions and the recovery of money," stressing that "the charges are not subject to statute of limitations for executives and others."

The Christian representative points out that "these interrogations are professional and far from political miscarriage or electoral propaganda, and they are an attempt to correct the mistakes made in the ministries," pointing out that "the council has set a date for the questioning of the Minister of Finance." According to a document circulated, the House of Representatives set May 31 as the date for the questioning of Finance Minister Ali Allawi.

For his part, Muhammad Al-Baldawi, an MP from the Al-Fateh Parliamentary Bloc, confirms in an interview with Al-Mada that "there is an interrogation of the Ministers of Finance, Industry, Electricity, Higher Education, Oil and the Governor of the Central Bank," adding that "there are requests submitted to host the Prime Minister."

Al-Baldawi confirms that "there is a set of procedures carried out by the interrogation committee charged with checking these files in order to ensure the validity of the evidence and information and their conformity with the formal and objective procedures of the interrogation files before setting a date for the questioning of the official."

And excludes a member of the Parliamentary Strategic Planning Committee, "the questioning of the Prime Minister by Parliament for the reason that the remaining period for holding the elections does not exceed five months."  LINK

Expose The Interlocutors Questioning The Minister Of Finance

Political   Tuesday 25 May 2021 | 02:12 PM| Views: 128  The MP from the Saeron Alliance, Riyad Al-Masoudi, revealed, on Tuesday, the most important axes that will be discussed by the questioned MP Yusef Al-Kalabi during the interrogation session of Finance Minister Muhammad Allawi next Monday .

Al-Masoudi said, "The most important issues that will be raised by the questioning of Finance Minister Muhammad Allawi by Representative Yusef Al-Kalabi include inquiries about the funds paid to the Kurdistan region, as well as his failures in organizing the financial policy and the loans that were included in the current year’s budget and previous loans ."

He added that "the interrogation will be based on three pillars, the first is to define the questions and answers, the second is to move away from political targeting and to adopt the questions in a professional manner. The third pillar will be to put up a vote on whether or not to be satisfied with the answers ."

Al-Masoudi indicated that "the MPs will focus on their conviction or not in light of the answer from a professional point of view, away from political targeting."    https://aynaliraqnews.com/index.php?aa=news&id22=147843

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An Internal Economic Struggle In The Kurdistan Regional Government Is Similar To That Of Baghdad And Erbil

One of the resorts of Sulaymaniyah. "Internet"   Money  and business  Economy News – Baghdad The Financial Committee of the Kurdistan Regional Parliament announced that the local government in Sulaymaniyah Governorate does not send non-oil financial revenues to the treasury of the Kurdistan Regional Government, which causes the continuation of the deduction of salaries for workers in the public sector.

Hvidar Ahmed, deputy head of the committee, said in a press conference that Dohuk and Erbil receive the financial revenues generated from the border crossings to the regional government, and the latter informed the Sulaymaniyah administration that more people receive salaries, retirement, grants and financial aid in Sulaymaniyah.

He added that the regional government has informed the administration of the need to hand over $ 80 million a month, and although the governorate has seven border ports, it refuses to hand over revenues.

Ahmed asked, saying: Where is justice in this case? Is it justice that we cut from the mouths of the citizens in Erbil and Dohuk and give it to Sulaymaniyah, and in return, the latter is not ready to hand over its financial revenues?

The Vice President of the Finance Committee indicated that the government spends 400 billion dinars per month to the departments of the governorates of Sulaymaniyah and Halabjah, stressing that Sulaymaniyah’s failure to send financial revenues caused the employees ’salaries to be deducted.

Number of observations 142 Date of addition 05/25/2021   https://economy-news.net/content.php?id=25175

Dollar Exchange Rates In The Local Market Today

Market  Economy News _ Baghdad  The exchange rates of the dollar recorded, on Tuesday, stable in the main stock exchange in Baghdad and banking shops.

The central Al-Kifah and Al-Harithiya Stock Exchange in Baghdad recorded 148,850 Iraqi dinars against 100 US dollars, the same prices that were recorded during its opening yesterday, Monday morning.

While the selling prices in the exchange shops in the local markets in Baghdad reached 149,250 Iraqi dinars, while the purchase prices amounted to 148,250 dinars per 100 US dollars.

Number of observations 164 Date added 05/25/2021    https://economy-news.net/content.php?id=25169

 To read more current and reliable Iraqi news please visit BondLady’s Corner:

 https://www.bondladyscorner.com/

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