More Iraqi News Friday PM 9-18-20
More Iraqi News Friday PM 9-18-20
TLM724 Administrator BondLady’s Corner
Cougar: The Financial Situation Of Iraq Over The Next Year Will Be Very Difficult
Follow-up Friday, 18 September 2020 02:03 PM A member of the Parliamentary Finance Committee, Representative Jamal Cougar, said today, Friday, that the financial situation of Iraq during the next year will be very difficult.
Cougar said in a press statement, "The financial situation of Iraq during the next year will be very difficult, if the Corona pandemic continues and its negative impact on the economic file in general."
He pointed out that "the country's resources depend 95% on selling oil, and the latter cannot be sold entirely because of our commitment to the OPEC agreement."
He added, "The OPEC agreement to reduce Iraq's oil quota in global markets by one million and 500 thousand barrels per day, and there are voices rising at the present time, including Iraq by reviewing the quotas, because other countries have resources, but Iraq's situation is exceptional in light of its heavy reliance on selling oil to finance His annual budget. " LINK
Ministry Of Finance: The Government's Investigative And Judicial Procedures Will Not Affect The Recipients' Receipt Of Their Money
The Baghdad Post Friday, September 18, 2020 10:21 AM
The Ministry of Finance confirmed the continuation of payments of sums of money to all beneficiaries through electronic payment cards of various kinds.
It said in a statement that: Any investigative or judicial procedures affecting individuals associated with companies providing payment cards will not affect at all the process of beneficiaries receiving their money in the usual manner and without any delay.
The ministry emphasized that the measures taken by the government recently aim to impose the rule of law and order, in a manner that provides a fair, comfortable and impartial work environment, and preserves the rights of local and foreign investors, in accordance with the law. LINK
The Ministry Of Finance Confirms The Continued Payment Of Amounts To Those Who Are Eligible Via Electronic Payment Cards
09:05 - 09/18/2020 The information / Baghdad ..The Ministry of Finance confirmed that payments of financial amounts to all recipients through electronic payment cards will continue.
"The Ministry of Finance assures citizens of the continuation of payments of sums of money to all those who deserve it through electronic payment cards of all kinds," said a statement by the ministry received by the information.
The statement added, "Any investigative or judicial procedures affecting individuals associated with companies providing payment cards will not affect at all the process of receiving the beneficiaries of their money in the usual way and without any delay."
The statement pointed out that “the ministry takes this opportunity to also confirm that the measures recently taken by the government aim to impose the rule of law and order, in a manner that provides a fair, comfortable and impartial work environment, and preserves the rights of local and foreign investors, in accordance with the law.” End / 25 https://www.almaalomah.com/2020/09/18/495720/
Iraq Asks The European Commission To Remove Its Name From The List Of "High Risk" Countries
POSTED ON 2020-09-18 BY SOTALIRAQ On Thursday, Foreign Minister Fuad Hussein requested that Iraq be removed from the European Commission’s list of high-risk countries in the field of money laundering and terrorist financing, while he invited a senior European official to visit Baghdad.
The Iraqi Foreign Ministry said in a statement that Hussein “met Josep Borrell, the High Representative for Foreign Policy and Security in the European Union at the European Commission’s headquarters in Brussels,” indicating that its minister “valued the European Union’s positions in support of Iraq in the various developmental fields and in the field of humanitarian aid, praising the Union’s keenness on Providing political and economic support to Iraq, especially helping it in the field of confronting the Corona pandemic and limiting its spread.
She added, "The two sides discussed the meetings of the Joint Committee for Human Rights and Democracy that were held between the two sides on 9/8/2020, and stressed the importance of the partnership and cooperation agreement concluded between Iraq and the European Union countries, as it represents the strategic framework for the relationship between the two sides, referring to the importance of resuming meetings." The rest of the sub-committees stemming from the Partnership and Cooperation Agreement between the two sides, which is the Trade and Energy Committees.
Hussein affirmed, according to the statement, “Iraq's commitment to the principle of respecting the sovereignty of states, non-interference in their internal affairs, and his absolute rejection of Iraq turning into an arena for conflict between the competing parties, or a starting point for aggression against any other country,” stressing “the need to support Iraq's efforts to be a factor. Stability and compatibility in the region and the world.
The Foreign Minister noted the government’s decision to hold early elections next June, and “its aspiration to cooperate with international parties interested in this matter.”
According to the statement, “the two sides discussed the issue of removing Iraq from the European Commission’s list of high-risk countries in the field of money laundering and terrorist financing,” while the Iraqi minister renewed the call for the relevant authorities in the commission to “expedite the opening of a dialogue with the relevant technical authorities in Iraq. In order to complete the evaluation of Iraq's performance in this field, and remove its name from this list.
Hussein invited Borrell to visit Iraq at the earliest possible opportunity to discuss ways to strengthen bilateral relations between the two sides. LINK
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