Iraqi News Early Monday AM 2-7-22

Iraqi News Early Monday AM 2-7-22

TLM724 Administrator BondLady’s Corner

Al-Halbousi Directs To Address The Secretariat Of The Council Of Ministers To Send The 2022 Budget

Political | 02:50 - 07/02/2022   Baghdad - Mawazine News, Parliament Speaker Muhammad al-Halbousi directed, today, Monday, to address the secretariat of the Council of Ministers to send the 2022 budget

. The Parliament's media department said in a brief statement received by "Mawazine News", that al-Halbousi "directed the General Secretariat of the Council of Representatives to address the General Secretariat of the Council of Ministers to send the budget. Federal for 2022.

Earlier today, Monday, the head of the Parliamentary State Forces Alliance bloc, Faleh Al-Sari, called on the parliament's presidency to "issue a legislative decision obligating the government to send the budget for the purpose of approving it in the service of the Iraqi people." Ended 29/N33

https://www.mawazin.net/Details.aspx?jimare=183916

Dollar Exchange Rates In Local Markets

Economie| 10:03 - 07/02/2022   Baghdad - Mawazine News  publishes / Mawazine News /, the exchange rates of the dollar against the dinar in the local markets for today, Monday.

And the selling prices of the dollar were 148,000 dinars per 100 dollars, while the purchase prices of the dollar were 147.750 dinars per 100 dollars.    https://www.mawazin.net/Details.aspx?jimare=183884

Average Per Capita Income

Monday 07 February 2022  175   Mohamed Sharif Abu Maysam   One of my children told me, that the local media quoted a statement from a government source, according to which he revealed that the average per capita income in 2021 had risen to $6 thousand, wondering, (Does this mean that I, as an individual, got $6 thousand last year?).

I do not hide from you a secret that I was embarrassed by referring the question as if I had confiscated the amount from his pocket in my capacity as responsible for the financial affairs in the house, which prompted me to elaborate and then write this column; In order to unveil what is rumored from time to time in this regard in the media.

The concept of “average per capita income” does not mean the money that individuals receive during one year, but rather it is the result of dividing the gross domestic product by the number of the population, and it has nothing to do with the realism or unrealisticness of the distribution of wealth, because the gross domestic product is a tool for measuring economic performance , as it is the total value of all final goods and services produced by any country, and a comprehensive criterion for measuring productivity, and on the basis of which it is also measured in terms of population, countries are arranged into rich countries and poor countries, and the total value of all final goods and services usually returns to owners of capital from the private sector. And foreign and domestic investors in the market economy scene after tax deductions.

That is, the state is concerned with revenue from the tax base and customs duties only, as the private sector assumes the functions of the real sectors and the sectors supporting them, up to the point of privatizing state functions in the system of market liberalization, while the total value of all final goods and services to the state returns to the state's economic system, and this may be reflected Specifically in the state's economic system at the level of per capita income.

Accordingly, the indicator of a rise in the average individual income does not necessarily mean an indicator of a rise in individual income, which includes cash and non-monetary properties that individuals obtain during a specific period of time due to revenues resulting from their rights to ownership of rents, investments, salaries, rewards, etc., and these revenues constitute the individual’s income.

It is usually referred to economically after deducting taxes from it, and “average per capita income” does not indicate the well-being of individuals in a market liberal system, even if that country is one of the Group of Twenty countries that is referred to as the most economically strongest among the countries of the world, including India and Brazil, for example. It is said that they are witnessing huge increases in GDP, but the poverty rate in these two countries has ranged between 20 to 30 percent for years.

https://alsabaah.iq/60602/%D9%85%D8%AA%D9%88%D8%B3%D8%B7-%D8%AF%D8%AE%D9%84-%D8%A7%D9%84%D9%81%D8%B1%D8%AF

Parliament Turns Its Session Into Deliberative

Political | 01:25 - 07/02/2022   Baghdad - Mawazine News, today, Monday, the Presidency of the House of Representatives decided to convert the session into a deliberative one.

And the media department stated, in a statement received by Mawazine News, that "the Presidency of Parliament decided to convert today's session into a deliberative one."

It is noteworthy that the House of Representatives announced, earlier today, Monday, the postponement of its session for half an hour.

The Parliament's media department announced that 58 deputies attended the session devoted to electing a president.

Today, Monday, the House of Representatives is scheduled to hold a session to elect the President of the Republic, while a number of blocs announced a boycott of the session. Ended 29/N33

https://www.mawazin.net/Details.aspx?jimare=183910

Planning: The Percentage Of Women's Participation In Small And Medium-Sized Enterprises Is Still Very Small

Money  and business   Economy News _ Baghdad  Today, Monday, the Ministry of Planning announced that the percentage of women's participation in small and medium-sized enterprises is still very small.

A statement by the ministry, received by Al-Iqtisad News, stated that "the Undersecretary for Technical Affairs, Maher Hammad Johan, opened the work of the workshop on supporting and developing small, small and medium enterprises in Iraq, based on the results of the survey carried out by the Central Statistical Organization with the support of the US Agency for Development and the United Nations Program United Development Corporation, which included the governorates of Baghdad, Nineveh and Basra.

Johan said, according to the statement, that "the ministry, as part of its endeavor to implement the strategy of developing the private sector, is working to advance this sector and give it the required role and effective contribution to moving the wheel of the economy in all its sectors, noting that"

He continued, "The percentage of women's contribution to small, small and medium enterprises is still very small and does not exceed 5% compared to the percentage of men's contribution, which calls for directing support paths for the segment of women in this field, calling on the private sector to benefit from the survey's outputs and to enter strongly in Adopting and supporting these institutions that can have a more influential role in various economic activities.”

He pointed out that “the work of the four-day special workshop, in which the President of the Central Statistical Organization Ghamar Deeb, Vice President of the United Nations Development Program, and representatives of a number of Among the international organizations in Iraq, the head of the Iraqi Contractors Union and the head of the Iraqi Private Banks Association, representatives of the private sector from various economic activities, as well as a number of general managers in the ministries of planning, trade, labor and social affairs, the Central Bank, and adviser to the Prime Minister Alaa Al-Saadi.   Views 113 Date Added 02/07/2022 https://economy-news.net/content.php?id=27189

 

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