Iraqi News Wednesday Morning 6-1-22
Iraqi News Wednesday Morning 6-1-22
TLM724 Administrator BondLady’s Corner
The Council Of Ministers Discusses The Global Economic Crisis On Iraq
Today, Tuesday, the Council of Ministers issued a number of new decisions during its twentieth regular session headed by Prime Minister Mustafa Al-Kazemi.
The media office of the Prime Minister said in a statement, "The Council discussed in today's session the repercussions of the global economic crisis on Iraq and the follow-up to the implementation of government measures taken based on the directives of the Prime Minister to confront the crisis and mitigate its effects on citizens and the country in general."
The Prime Minister referred, according to the statement, to "a set of challenges that the country is experiencing and affected some aspects of government work," directing all ministries to continue cooperation and coordination to confront these challenges, and to address many of the problems that would impede the provision of services to citizens.
Al-Kazemi praised the security achievements achieved in the pursuit of the remnants of ISIS terrorist gangs, as well as the efforts of the security forces in pursuing organized crime and drug gangs, and those who manipulate the power of the Iraqi people.
The statement added, "During the session, a discussion took place on the national strategy for early childhood development in Iraq, which was launched before days in the presence of the Prime Minister,” noting that “after the Cabinet reviewed the paragraphs and axes of the strategy, and its future goals, it decided the following:
- Approving the national strategy for early childhood development in Iraq (2022-2031), and the Child Welfare Authority in the Ministry of Labor and Social Affairs is responsible for setting up Mechanisms and plans to implement the aforementioned strategy to be presented to the Council of Ministers in the next government.
And he continued, "The session witnessed a review of the epidemiological report, the procedures of the Ministry of Health to confront the Corona pandemic, and the procedures of the ministry in providing supplies, treatments and vaccines," explaining that "and after the Council of Ministers discussed the topics on its agenda, it issued the following decisions:
First / Approval of authorizing a minister Finance or whoever authorizes him to sign a memorandum of understanding regarding the Kingdom of Saudi Arabia’s grant for the project to restore the wards affected by the fire of Ibn Al-Khatib Hospital in Baghdad, based on the provisions of Article (2/ ninth) of the Cabinet’s bylaw (2 of 2019), provided that coordination is with The Ministry of Health in its capacity as the concerned authority in the matter, and the Ministry undertakes to reach an understanding as much as possible with the Saudi side to use the grant by providing the hospital with medical devices.
Second / Approval of the recommendations of the minutes of the meeting (the twenty-fifth) of the Diwaniyah Order Committee (45 of 2018), which is concerned with developing the necessary ways, mechanisms and solutions for the completion of public hospital projects.
Third / Approval of the following:
- Authorizing the Director General of the Department of Labor and Vocational Training in the Ministry of Labor and Social Affairs, the authority to sign the statute of the work center of the Organization of Islamic Cooperation, based on the provisions of Article (80/sixth) of the Constitution.
Fourth / Approval of what was stated in the Ministry of Interior letter No. (21855) on May 31, 2022 regarding the reduction of fees https://www.radionawa.com/all-detail.aspx?jimare=29718
Parliamentary Integrity hosts the President of the Financial Supervision Bureau
Iraq Wed, Jun 1, 2022 11:37 AM National News Center/ Baghdad Today, Wednesday, the Parliamentary Integrity Committee hosted the President of the Office of Financial Supervision.
The Media Department of the House of Representatives said in a statement received by the National News Center that "the Parliamentary Integrity Committee hosted the Chairman of the Board of Supreme Audit, Rafel Yassin Khudair."
She added that "this came to see the mechanism of the work of the Bureau and the obstacles facing its work and to amend the law of the Bureau." https://nnciraq.com/132005/
Integrity: 4 Trillion Dinars, The Amount Of Damage To The Public Treasury Due To The Corruption Of The Currency Sale Window
Economie| 09:06 - 01/06/2022 Integrity: 4 trillion dinars, the amount of damage to the public treasury due to the corruption of the currency sale window https://www.mawazin.net/Details.aspx?jimare=195094
Integrity: 4 Trillion Dinars, The Amount Of Damage To The Public Treasury Due To The Corruption Of The Currency Sale Window
Today, Wednesday, the Federal Integrity Commission revealed the amount of damage to the public treasury, which amounts to nearly 4 trillion dinars, as a result of the corruption of the currency sale window.
A statement by the commission stated, "The commission revealed clear corruption in the currency sale window, which resulted in damage to the public treasury, amounting to (3,919,218,099,521) dinars," noting that "the loss of files in the Adhamiya tax department revealed that damage to the treasury."
The Authority’s Prevention Department added in a report, a copy of which was sent to the Prime Minister’s Office, the Parliamentary Finance and Integrity Committees, the Minister of Finance and the Undersecretary of the Interior for Police Affairs, that “in the framework of its follow-up to the results of the analysis of the tax sector questionnaire contained in its comprehensive report issued in June 2021, a team The department conducted field visits to the headquarters and branches of the General Tax Authority, the Customs Authority, the Central Bank of Iraq and the Companies Registrar Department in the Ministry of Commerce.
The report stated that "the private banks were the beneficiary of the transfers in the currency sale window, as the majority of the documents submitted by those banks were forged." Suspect
He pointed out that "the Director-General of the General Tax Authority approved referring the issue of reluctant private banks and taxpayers to the Integrity Commission, in order to achieve damage to nearly (4) trillion dinars in the treasury as a result of the loss of files in the Adhamiya Tax Department."
The Director-General of the General Tax Authority called for "directing the branches of the authority to adhere to the principle of neutrality in calculating taxes, choosing branch managers who have experience in the field of tax work, ending the file of the shortage in the number of employees and assessors, and attracting accounting, financial and economic competencies to advance the level of job performance in general tax authority".
The report suggested “forming a joint committee from the legal department in the Ministry of Finance and the General Authority of Customs and Taxes to check names whose information is incomplete in the General Tax Authority’s calculator program and to oblige the calculator department not to feed the calculator program with any file, an expensive name, or an incomplete information company.”
Noting that the similarity of names, as a result of the lack of information in the calculator, led to the emergence of the phenomenon of extortion and bribery in the branches of the Authority.
The General Authority of Customs recommended “identifying the customs branches that do not include the full information of taxpayers, companies, and the tax number of importers and companies, and referring them to the legal department in the Ministry of Finance, as well as including the tax number of the taxpayer in the customs declaration to spare citizens from incurring additional burdens.”
The report monitored, "The failure to publish the controls of the profession and real estate tax for taxpayers and legal allowances, which leads to some taxpayers deluding the existence of high tax amounts due to them, and their bargaining by some assessors to reduce the amount of tax for a specified amount, as well as the failure to announce the documents required to complete the transactions; To ensure that the citizen is not subjected to exploitation or blackmail.
The report noted, "The General Authority for Taxation did not work on the property depreciation clause, which is at a rate of (2%) annually for a period of (10) years, to be calculated after (5) years from the establishment of the property, and did not include any information about the date of construction of the property, which causes harm to citizens. In addition, some employees and assessors moved the files of taxpayers to their homes for completion, the poor and unorganized preservation of files in some branches, the spread of commentators, and the absence of the role of information and facilities protection elements in preventing them from entering, and even the cooperation of protection elements with employees and commentators in some branches.
It is worth noting that the authority recommended in June 2021 that the process of appointing and changing tax branch managers be subject to more stringent controls, announcing controls and instructions for completing transactions at the entrances to tax departments, and adopting the principle of a single window; To reduce the interaction of employees with auditors, in addition to activating the internal control system, and reducing the process of tracking transactions by setting the necessary instructions for commenting and limiting them to lawyers; To avoid extortion. https://www.radionawa.com/all-detail.aspx?jimare=29722
Dollar Exchange Rates Against The Dinar
Economie| 09:48 - 01/06/2022 Baghdad - Mawazine News The dollar exchange rates witnessed a decline, today, Wednesday, in the Iraqi Stock Exchange. The selling prices of the dollar were 148,250 dinars per $100, while the purchase prices of the dollar were 148,000 dinars per $100. Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=195106
Parliamentary Oil: Iraq Loses About 3 Billion Dollars Annually From Burning Associated Gas
Economie| 10:36 - 01/06/2022 Baghdad - Mawazine News, Deputy Chairman of the Parliamentary Oil and Gas Committee, Ali Al-Machkoor, revealed that Iraq "wasted" three billion dollars annually from burning associated gas in its fields.
Al-Maskoor said in an interview with the official newspaper, that "Iraq loses about 3 billion dollars annually from burning associated gas in its fields," noting that "the committee began to move on the Basra Gas Company after its delay in this project."
He added, "The committee's first visit was to the company," noting that "Basra Gas is an institution of three parties; 51 percent for the Iraqi side, represented by South Gas, 44 percent for Shell, and 5 percent for Mitsubishi, and each of these companies plays the role required of it in this company".
And he indicated, "The origin of the contract is the development of South Gas," explaining that "
Al-Machkour added, "The committee will pay great attention to the pollution file related to this project, and will submit proposals to issue a law on it." Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=195111
Sumo Announces France's Approach To Iraq's Possibility To Supply The European Market With Oil
Tuesday 31 May 2022 15:11 | economic Number of readings: 220 Baghdad / NINA / - The Oil Marketing Company (SOMO) announced today, Tuesday, that France has approached Iraq with the possibility of supplying the European market with oil.
The company’s general manager, Alaa Al-Yasiri, said during his hosting of the Parliamentary Committee on Oil, Gas and Natural Resources, in a statement: “The (SOMO) company is the only one responsible for exporting oil and importing its derivatives,” explaining that “the marketing company is a middle link between the Ministry of Oil and the parties benefiting from oil.” ".
He stressed, "The French authorities concerned over the possibility of Iraq supplying the European market with oil."
He added: "Iraq is committed to the decisions of OPEC, stressing the interest of his company in the Indian and Chinese government oil companies because they are dealing with a long-term contract and the company cannot lose its customers." pointed to:" https://ninanews.com/Website/News/Details?key=979457
Rising Oil Prices In World Markets
Economie| 09:26 - 01/06/2022 Follow-up - Mawazine News: Oil prices rose in early Asian trading, Wednesday, after European Union leaders agreed on a partial and gradual ban on Russian oil and China ended its closure due to Covid-19 in Shanghai.
Brent crude for August delivery rose 37 cents, or 0.7 percent, to $116.97 a barrel at 04:37 GMT, while next month's contract for July delivery expires on Tuesday at $122.84 a barrel, up 1%.
US West Texas Intermediate crude rose 32 cents, or 0.29 percent, to $114.99 a barrel.
Both benchmarks ended the month of May on a high, marking the sixth consecutive month of price increases. Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=195100
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