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Iraqi News Wednesday AM 5-26-21

Iraqi News Wednesday AM 5-26-21

TLM724 Administrator BondLady’s Corner

Parliamentary Integrity: Mafias Behind Preventing The Opening Of The Currency Auction File In Iraq

Political  Wednesday 26 May 2021 | 12:30 p.m.| Views: 99  The Parliamentary Integrity Committee revealed, on Wednesday (May 26, 2021) the parties behind the auction of currency sale in the Central Bank of Iraq .

A member of the committee, Representative Taha Al-Dafa'i, said that "the file of the auction sale of currency in the Central Bank of Iraq, behind which are large political forces, mafias of corruption and private banks belonging to influential parties and personalities ."

Al-Defense said that "the most prominent axes of questioning the governor of the Central Bank, was the file of the auction of selling the currency, but these major political forces prevented this questioning and will continue to work to disrupt it for the continuation of hegemony and control of this auction ."

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A member of the Parliamentary Integrity Committee confirmed that "most of the political forces have private banks and are benefiting from the auction of selling the currency, and this auction provides huge profits for these banks belonging to prominent political parties and personalities, and this auction continues until now ." https://aynaliraqnews.com/index.php?aa=news&id22=147883

Representative Finance: Sending The Region’s Share Depends On The Implementation Of Four Paragraphs Of The Budget

Money  and business  Economy News _ Baghdad    The Parliamentary Finance Committee confirmed, on Wednesday, that sending the region’s share depends on the implementation of the four paragraphs of the budget, pointing out that the region must implement all these conditions.

Committee member Jamal Cougar said in an interview with the Iraqi News Agency, which was followed by "Al-Iktissad News", that "there are four paragraphs in the budget, if the federal and regional governments agree on them and apply them, then the budget will be sent to Kurdistan."

He continued, "The first paragraph is that the region must deliver oil of no less than 250 thousand barrels per day, and the second paragraph is to deliver half of the non-oil imports to the center, while the third paragraph is to hand over the lists for preparing employees, and the fourth paragraph allows the Federal Office of Supervision to coordinate with the Bureau Financial control in the region has been auditing the region's accounts since 2003. "

He added, "Sending the region's share of the budget depends on the application of these four paragraphs," noting that "the delegation of the region must visit Baghdad and inform them of its readiness to implement all these conditions."

He stressed "the importance of not stopping the budget due to some administrative matters," calling on "the federal government to send the budget to the region, and if there is any note that it checks, but if a defect is recorded, it is possible for the center to deduct it from the region’s funds for the rest of the months."

The Kurdistan Democratic Party announced, earlier, that a delegation from the region will visit Baghdad soon to implement the provisions of the budget and distribute the salaries of employees without deduction. Number of observations 158 date of addition 05/26/2021  https://economy-news.net/content.php?id=25184

Dollar Exchange Rates In The Local Market Today

Market   Economy News _ Baghdad   "Economy News" publishes the exchange rates of the dollar in local markets on Wednesday (May 26, 2021).    Baghdad - Al-Kifah Stock Exchange   149,150

The price is in the exchange   148,500   149,500   Number of observations 93 Date of addendum 05/26/2021 https://economy-news.net/content.php?id=25186

The Lowest Since 2003 ... Gallup: 78% Of Iraqis Do Not Trust Al-Kazemi's Government

Political   Wednesday 26 May 2021 | 10:34 a.m.| Views: 61  A Gallup poll conducted by the Washington Institute and published in a report, Tuesday, confirmed that 78% of Iraqis are dissatisfied with the performance of the current government, stressing that the Al-Kazemi government must act quickly if it is to avoid a possible popular uprising among dissatisfied Shiites in Iraq .

The report stated that "according to the poll, the Iraqi Shiites showed particularly high rates of dissatisfaction, distrust and unhappiness with regard to their political system, compared to the Sunnis and the Kurds ."

He added, “The Gallup International project is a long-term project to assess the state of public opinion in Iraq towards democracy and governance in the country, and the overall goal of the project is to determine whether the state of public opinion in the country is on a path that leads to a well-functioning, sustainable pluralist democracy. While the first survey in the project was conducted in April 2021, the project will periodically track key situations in Iraq in order to better understand the societal foundations of the existing political system .

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He continued, “The recent poll, which was based on a nationwide face-to-face representative sample of 1,200 interviews, remains pessimistic about Iraqis in general and the Shiites in particular about the government's orientation. In January 2021, Iraqi Shiite confidence in the government reached 27 percent, while confidence reached 27 percent. Sunnis in the federal government by 46 percent and Kurdish confidence by 55 percent . ”

And he continued, “The level of confidence in the Al-Kazemi government is at its lowest level ever. In last April’s poll, 22 percent of Iraqis in total and only 17 percent of Shiites express their confidence in the government. The latest poll also showed that 75 percent of Iraqis in general believe that the country Going in the wrong direction, while this percentage rose among Shiites to reach 80 percent, which is the lowest level of optimism about the country's future since 2003. "

The poll showed that “while about 50 percent of Sunnis and Kurds believe that they cannot influence the decisions made in Iraq, the percentage jumps to 60 percent among Shiites, and by the same token, 60 percent of Sunnis feel that not all people are treated fairly and equally. By the government, while 70 percent of Shiites believe it too . ”

The report indicated that “there is a tremendous crisis of confidence in the Iraqi government and since this is the largest rate among the Shiite community in Iraq, the most important group for the government for its political support, this means that the societal basis for the legitimacy of the government in Iraq is largely lacking, and this lack of community support. It may mean more political instability in the country, and it also means that many of the Iraqi public view its government as a cause of problems rather than a solution to many of the economic, social and political challenges in Iraq.     https://aynaliraqnews.com/index.php?aa=news&id22=147873

Governmental Adviser: The Surplus Of Oil Revenues Will Cover The Deficit And Cancel Borrowing

Posted On 2021-05-26 By Sotaliraq   Baghdad / Hussein Hatem   A government advisor says that the high revenues generated from oil exports will go to fill the deficit and cancel borrowing, while a specialist in economic affairs recommends that these revenues be managed realistically and provide job opportunities to reduce unemployment rates.

Yesterday, Tuesday, the Ministry of Oil announced the final statistics of the exported quantities of crude oil and the revenues earned for the month of April.

According to the statistics published by the Ministry of Oil, on the Iraqi Oil Marketing Company “SOMO”, the amount of exports of crude oil amounted to 88 million, 398 thousand, and 319 barrels, with revenues of 5 billion, 549 million, and 517 thousand dollars. The statistic indicated that the total exported quantities of crude oil for the month of April from the oil fields in central and southern Iraq amounted to 85 million 534 thousand and 916 barrels. As for the Kirkuk fields through the port of Ceyhan, the exported quantities reached 2 million and 863 thousand and 403 barrels.

According to the statistics, the quantities and revenues of exported crude oil shipments that were marketed at a price premium to achieve additional revenues during the month of April totaled more than 74 million 992 thousand and 080 dollars, while the average price per barrel reached 62.779 dollars.

The appearance of Muhammad Salih, the financial advisor to the prime minister, explains in an interview with Al-Mada that “the revenues resulting from the quantities of exported oil compensate for any deficit or borrowing situation in the budget,” indicating that “if the average price of a barrel of oil is $ 62 and recorded in the budget 45 A dollar, the difference goes as cash income. ”

Saleh adds that "the budget includes revenues and expenditures," indicating that "this month's revenues were set at $ 45 in addition to borrowing, and if additional income is achieved, borrowing will stop."

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The government consultant indicates that “the budget is an annual financial plan and the funds are spent and allocated according to the decree in the budget,” noting that “in the event that there are job grades, projects, or exchange doors, they will be implemented according to the terms of the budget through oil or non-oil revenues represented in customs, taxes and sale. State property, corporate profits and others.

Salih adds: "If the revenues are sufficient to meet the expenses without borrowing, the situation will be balanced, but if the revenues are higher than the expenditures, the surplus of the previous month will turn into revenue for the following month."

The financial advisor believes that "in the event that the surpluses increase by a large percentage, it is possible to go to a supplementary budget, and this depends on the government’s decision."

In turn, the specialist in economic affairs, Bassem Jamil Antoun, said in an interview with (Al-Mada) that "the revenue outcome is good compared to previous periods that witnessed a setback in oil prices and the quantities issued," adding that "the amount is large for the past two years."

And Anton adds that "the revenues will contribute to filling a large proportion of the deficit," expressing his hope that "these revenues will stimulate the economic movement."

The specialist in economic affairs called on the government to "manage these revenues realistically in distribution and privatization, such as creating job opportunities to reduce unemployment rates (..)", referring to "investing these revenues in vital projects away from corruption."

And Anton notes that "being careful about these funds and being well-managed will provide good positive results."

And last Sunday, the President of the Republic, Barham Salih, said that at least $ 150 billion in corruption deals had been smuggled abroad over the past years.

For his part, the specialist in economic affairs, Abdul Rahman Al-Mashhadani, believes in an interview with (Al-Mada) that "revenues may cover the needs of the general budget within the normal rates, as the budget remained within the current estimates without being subject to new challenges," noting that "the revenues are within the normal rates." Sufficient for the minimum in financing expenditures.

Al-Mashhadani believes that "the Ministry of Oil has ambitious plans that are not consistent with the economic interest nor the aspirations of the global oil market," noting that "granting new contracts for new licensing rounds is not correct. When increasing production capacities, one must think about how to dispose of them."   LINK

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In Anticipation Of Any Emergency After The Arrest Of Qasim Musleh .. Close The Entrances To The Green Zone In Baghdad

Political| 02:42 - 05/26/2021   BAGHDAD - Mawazine News    An informed source said, on Wednesday, that the security forces had closed the entrances to the Green Zone in the capital, Baghdad, in conjunction with the arrest of the Anbar Operations Commander of the Popular Mobilization Forces, Qassem Musleh.

A security source said in an interview with Mawazine News, that "the security forces closed the entrances to the Green Zone in the capital, Baghdad, and allowed entry only to baggage holders, as a result of the tension that occurred after the arrest of Qassem Musleh and in anticipation of any emergency."

Earlier, a security source said, today, that the commander of the Anbar operations of the Hashd, Qassem Musleh, had been arrested in the Dora district of Baghdad.

In an interview with Mawazine News, the source said, "A special security force has arrested the commander of the Anbar operations of the Hashd, Qassem Musleh, while he was on his way to the holy Karbala governorate." Ended 29 / p4    https://www.mawazin.net/Details.aspx?jimare=154590

Representative Law Explains The Reason For The Federal Court’s Decision To Lift Immunity

Time: 05/26/2021 15:06:51 Read: 13 times  {Politics: Al-Furat News} The Parliamentary Legal Committee explained the reason for the Federal Supreme Court's decision regarding lifting the immunity of members of Parliament.

Bahar Mahmoud said in a statement that the Euphrates News Agency received a copy of, that "the interpretation of the Federal Court regarding the immunity of the representative came because some deputies exploited their immunity to commit corruption crimes," affirming that "immunity is to facilitate the profession of the attorney and not to legitimize the commission of crimes."

She added, "Article 63 of the constitution is clear like the sun and does not need any explanation, as it is understood that it is not possible to arrest a member of parliament except after the approval of the parliament by an absolute majority or the approval of the president during the legislative recess except in the case of a witnessed felony, in this case it is permissible to arrest him without need Until the approval of Parliament or its president, but the interpretation of the Federal Court says the opposite! .

She added: We are against the immunity peek for any class of both society members of parliament or ministers or presidencies because immunity in violation of Article 14 of the Constitution, which provides for the equality of citizens before the law, and that there are some members of parliament took advantage of immunity to conduct crimes, especially corruption. "

Showed Mahmoud, "On the other hand, when interpreting any article, we must refer to the philosophy or wisdom of legislating this article. The wisdom of Article 63 of the Constitution is to facilitate the task of parliament members to carry out their legislative and oversight role and not to facilitate and legitimize the commission of crimes and hide behind them. Therefore, we criticize the exploitation of the privilege of immunity by some members." Parliament to commit corruption crimes. "

The Federal Supreme Court decided yesterday to abstain from previous court decisions regarding obtaining the approval of the House of Representatives in all crimes for which members of Parliament are accused, whether crimes are felonies, misdemeanors, or offenses. A crime of the type of felony that is not witnessed, except for the impunity of the members of Parliament, and legal measures can be taken against them directly in the event that any of them is accused of a felony, misdemeanor, or violation.

The court also decided to revoke the previous court’s decision regarding the interpretation of the concept of an absolute majority, as the court decided that the concept of an absolute majority wherever it appears in the constitution is intended to be more than half the actual number of members of the House of Representatives, and what is meant by a simple majority is more than half of the number of members of Parliament present After a quorum is achieved. "

She pointed out that "with this decision, courts can settle corruption cases faster than before, because most corruption crimes apply to the description of misdemeanor crimes, and resolving them depends on lifting the immunity of the accused person, if he is a member of Parliament."   LINK

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

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