Iraqi News Tuesday AM 6-29-21
Iraqi News Tuesday AM 6-29-21
TLM724 Administrator BondLady’s Corner
Finance Minister: The White Paper Includes 600 Changes In Laws
Tuesday 29 June 2021 126 Baghdad: morning Deputy Prime Minister and Minister of Finance Dr. Ali Abdul-Amir Allawi said: {Iraq is dealing seriously with issues that have hindered and distorted the economy,' pointing out that "the Prime Minister and his reform team took a bold decision to implement a reform agenda, and any reform must have great political support." and recognition of its necessity, and there was support from political leaders and important parliamentary groups for reforming the state's economic policy.
Infrastructure
He pointed out that {the decision to devalue the currency is necessary to improve competitiveness within the Iraqi economy and improve public finances, and a number of necessary infrastructure projects that have suffered interruption for years have been completed, and we have also worked on reforming the banking system, and establishing an anti-corruption squad.
He stressed that {the white paper is the most important achievement of the government and a serious plan to reform the economy, as it calls for the issuance of more than 600 changes in laws aimed at reforming the economy}.
investment efforts
The head of the National Investment Commission, Suha Al-Najjar, confirmed that "investment is an absolute necessity to develop the reality of the national economy and move it to a better stage, and that the commission is supportive of investment efforts that wish to enter the Iraqi labor market.
The speech of the Minister of Higher Education and Scientific Research was read out by Dr. Yassin Al-Ithawi, in which he emphasized “the ministry’s continued investment in human capital,” pointing to “the establishment of training units that will be transformed into specialized centers, aimed at developing students and putting them in the labor market after rehabilitating them.” ", pointing to a breakthrough in the reality of e-learning during a record period, despite the lack of infrastructure in the country."
International Conferences
Member of the Board of Directors of the Union of Arab Banks Ziad Khalaf said: {The issue of the reconstruction of Iraq began to be planned immediately after the end of the war, as the first preparatory meeting was held in New York, during which the United Nations, the World Bank, the International Monetary Fund and the Iraqi side identified the main sectors involved in reconstruction, including education. And health, transportation, transportation and electricity, as well as many other international conferences, which were devoted to the reconstruction and held in Japan, China, Spain, Belgium, Egypt, Kuwait and other Arab countries, up to the white paper that was officially supported by {the International Contact Group for Iraq IECG. Which includes the seven 7G countries, the European Union, the World Bank and the IMF international }.
He said: {As a matter of national responsibility, I appeal to all distinguished Iraqi businessmen at home and abroad to participate in the development of the private sector to enable it to assume an important role in the responsibility of reconstruction and to play a greater role in the economic arena and to supply the necessary supplies for everything the country needs, to reflect the real capacity inherent in Iraqi society and attracting national immigrant capabilities to rebuild the country.
achieve goals
As for the Deputy Governor of the Central Bank, Ihsan Al-Shamran, stressed that rebuilding Iraq requires the ability to build and follow it, and to achieve the goals seriously.
He referred to the initiatives of the Central Bank and the support it provides to small and medium enterprises in addition to the housing sector, especially vertical housing with comfortable installments, and the Central Bank is also working to enhance the role of women in economic life.
He pointed out that "the evaluation oversight on the banking system to be an actual supporter of the development process and assigning it with possible financing."
put forward an initiative
Communications specialist Alaa Jassem said: "The world has become closely linked to the Internet, which requires us to provide advanced services in the country," noting that "the coming period will witness the launch of an initiative (Education in Iraq), and this supports electronic universities."
The representative of Frontier Exchange Company, Ahmed Al-Jader confirmed that {the volume of international participation in the conference by major international companies reflects the importance of the Iraqi market for international companies, as it is keen to be present in the economic forums organized inside Iraq}. LINK
Parliamentary Economy: There Is No Justification For Not Implementing The Budget Items
Money and business Economy News _ Baghdad The Parliamentary Committee on Economy and Investment called, on Tuesday, to expedite the implementation of budget mechanisms for fear of causing an economic stagnation in the market.
Member of the Parliamentary Committee, Mazen Al-Faili, said in an interview with Al-Sabah newspaper, followed by Al-Eqtisadi News, that "there is no excuse for implementing the budget's provisions, especially after the many calls to vote on it before its approval and reduction from 164 trillion to 130 trillion dinars."
He stressed that "the delay in launching the budget mechanisms is not justified, but is caused by the absence of a government program applied on the ground."
He added that "the implementation of the budget paragraphs in general would move the market, and that disrupting this matter is expected to cause an economic recession."
Views 146 Date Added 06/29/2021 https://economy-news.net/content.php?id=25511
Parliament Hosts The Governor Of The Central Bank
political| 02:36 - 29/06/2021 Baghdad - Mawazine News, the Parliamentary Government Program Monitoring Committee hosted, on Tuesday, the governor of the Central Bank and managers of government banks,
and a source told / Mawazine News /, that "the Committee to Monitor the Implementation of the Parliamentary Government Program hosted the Governor of the Central Bank and managers of government banks today."
The source added, "The hosting comes within a series of hostings to discuss several files, including the continued rise of the dollar." Ended 29/A43 https://www.mawazin.net/Details.aspx?jimare=158764
The Parliamentary Strategic Planning And Government Program Follow-Up Committee Meets With The Governor Of The Central Bank And Managers Of Some Banks
Tuesday 29 June 2021 12:52 | Economic Number of readings: 309 Baghdad / NINA / - The follow-up committee for the implementation of the government program and parliamentary strategic planning held a meeting with the governor of the Central Bank and directors of housing, real estate, Rafidain and Rashid banks./ End 5 https://ninanews.com/Website/News/Details?key=912743
Parliamentary Legal Reveals To / NINA / New Details About The Joint Meeting With The Governor Of The Central Bank
Tuesday 29 June 2021 15:12 | Economic Number of readings: 80 Baghdad / NINA / - The Parliamentary Legal Committee revealed new details of the parliamentary meeting with the Governor of the Central Bank and the directors of the housing and real estate banks, Al-Rafidain and Al-Rasheed.
Member of the committee, Representative Hussein Al-Aqabi, said, in a statement to the National Iraqi News Agency ( NINA ), that "there are major gaps in the work of banks, some of which exist because of the banks themselves, and others are linked to government agencies and other institutions, including border crossings, customs, the Real Estate Department, the Companies Registrar and the Ministry of Trade."
He added, "These loopholes create noticeable confusion and corruption operations, especially in the currency auction," noting that "the meeting discussed the repercussions and damages of the currency auction, as we proved its economic futility and the need to search for other mechanisms in marketing the currency to real "field" traders.
He explained, "We confronted the governor of the Central Bank with facts and evidence that the currency auction is supported by parasitic banks and banks whose function is only investment, and therefore we are waiting for the bank's governor's actions regarding it."
Today, Tuesday, the committee to follow up on the implementation of the government program and parliamentary strategic planning held a joint meeting with the governor of the Central Bank and directors of housing, real estate, Rafidain and Rashid banks, on evaluating the performance of banks and general financial and monetary policy. https://ninanews.com/Website/News/Details?Key=912766
A Parliamentary Committee Reveals To / Nina / The Details Of Its Meeting With The Governor Of The Central Bank And Managers Of Government Banks
Tuesday 29 June 2021 14:35 | Economic Number of readings: 151 Baghdad / NINA / - The Parliamentary Strategic Planning and Government Program Follow-up Committee disclosed the details of its joint meeting with the Governor of the Central Bank and the directors of housing, real estate, Rafidain and Al-Rasheed banks.
Committee member MP Alia Nassif stated, in a statement to the National Iraqi News Agency ( NINA ), that "the joint meeting is related to the ministerial curriculum submitted by the government and the evaluation of the implementation of its work for the past year, which obligated the Parliamentary Committee to summon all ministries and government sectors, including the Central Bank."
She added that "the meeting discussed the issue of the currency exchange rate and the failures of banks related to the activities of banks, as well as housing loans, the mechanism for their implementation and their obstacles," noting that "many questions were directed to the governor of the Central Bank about the feasibility of a high currency exchange rate in light of the financial abundance achieved by the rise in oil prices."
She explained that "the government's justifications for raising the exchange rate at the time were related to securing the salaries of employees, and today we have a clear financial abundance, so why continue to increase the exchange rate and not control speculation in the currency rate in the local market." Suspect
Today, Tuesday, the committee to follow up on the implementation of the government program and parliamentary strategic planning held a joint meeting with the governor of the Central Bank and directors of housing, real estate, Rafidain and Rashid banks, on evaluating the performance of banks and general financial and monetary policy. https://ninanews.com/Website/News/Details?Key=912756
Parliamentary Finance: We May See The Results Of The Outcomes Of The Tripartite Summit In 2022
Economy Tuesday, June 29, 2021 | 01:30 PM| Number of readings: 109 A member of the Parliamentary Finance Committee, Jamal Cougar, said on Tuesday that the outcomes of the tripartite summit held in Jordan with regard to investment and economic cooperation between Iraq, Egypt and Jordan did not see its results on the ground .
Cougar said, "The talks of the tripartite summit between Iraq, Egypt and Jordan, which were held in Amman earlier, have not yet touched the results ."
And he indicated that "Iraq during the past years signed several agreements with these countries for cooperation in the fields of education, health and the economy, which have not been translated on the ground ."He added that "the summit, which was held in Baghdad last Sunday, also focused on investment and economic cooperation in the fields of agriculture, electricity, transportation and health, and then we hope that these outputs will be translated within the draft federal budget law for the country for the year 2022." https://aynaliraqnews.com/index.php?aa=news&id22=149158
Parliament Decides To Stop The Salaries Of Mps Who Are Absent From Sessions
Tuesday 29 June 2021 15:36 | politicalNumber of readings: 49 Baghdad / NINA / - The Presidency of the House of Representatives decided to stop the salaries of deputies who are absent from the sessions, except with an official excuse, without the approval of the Presidency./ https://ninanews.com/Website/News/Details?key=912778
Parliament Opens 12 Files While Hosting The Minister Of The Interior
Political | 02:49 - 29/06/2021 Baghdad - Mawazine News, on Tuesday, the committee monitoring the implementation of the government program and strategic planning revealed the details of its hosting of the Minister of Interior Othman Al-Ghanimi.
A member of the committee, Muhammad Shiaa Al-Sudani, said in a statement that Mawazine News received a copy of it, that "the committee hosted the Minister of Interior Othman Al-Ghanimi," stressing that "the committee discussed with Al-Ghanimi 12 axes related to the work of the ministry, including the security and service duties of the ministry."
Al-Sawadani added, "The committee's focus was on the high rates of criminal and organized crimes at the level of conflicts, procedures for investigations, and detection of the assassinations that took place during the past period and the convicts who caused them, as they represent a dangerous indicator and a worrying factor for citizens."
He continued, "The committee also touched on the issue of coordination between the security services of the Ministry of Interior on the one hand and between the ministry and the rest of the institutions on the other hand, which would have a positive impact on the security work, in addition to the presence of several security agencies in the controls deployed in Baghdad and the provinces and that everyone It is agreed that it is a place for bribery, extortion and harassment that is practiced against citizens, businessmen and everything that passes through it.
He pointed out, "Discussing issues related to employees who hold certificates, which the budget law stipulates to refer them to civil jobs within the ministry, and in this regard, the Administrative Undersecretary of the Ministry of Interior Hussein Al-Awadi confirmed that there are problems in job grades in this regard, noting that the number of employees who are to be transferred to Civilian jobs amounting to 23 thousand members, indicating that this number will cause a numerical shortage in some formations in the ministry, including the Federal Police, in which the number of certificate holders reaches 5,000 members, which affects their work duties. Those who wish to complete their studies were also discussed to provide them with this opportunity, including It reflects positively on the performance of the ministry."
Al-Sudani continued, "The committee's hosting also touched on the drug scourge that kills young people in Iraq, and the need to improve the work of the ministry, the competent directorate and its departments in Baghdad and the provinces to reduce this phenomenon and constantly combat it."
He stressed that "the committee will prepare a comprehensive report on the government's performance in the second half of the current parliamentary session with regard to the Ministry of Interior in light of the data provided by the minister and officials in the ministry." Ended 29/A43
https://www.mawazin.net/Details.aspx?jimare=158767
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