More Iraqi News Monday Late PM 12-20-21
More Iraqi News Monday Late PM 12-20-21
TLM724 Administrator BondLady’s Corner
A Proposal For A Partnership Between The Private Sector And The Government To Manage Projects
Monday 20 December 2021 251 Baghdad: Haider Falih Al-Rubaie The economic expert, Dr. Hussein Fadel, stipulated that a set of measures be provided to advance the reality of the private sector, and move the wheel of industry, agriculture and investment, stressing the harm of providing government support to this sector, especially the provision of financial liquidity that guarantees the establishment of productive projects, while stressing the importance of granting the private sector exemptions.
Tax, and activating a number of strict laws and procedures that guarantee the protection of local products and control of import operations. It was suggested to apply the method of government partnership with the private sector in the management of large production and service projects.
The government seeks, through the “reform white paper” to give the private sector a vital role in supporting the national economy, as the paragraphs of that paper recommended the need to “achieve an actual increase in the private sector’s contribution to economic activity, by activating the private sector support fund and simplifying procedures.” As well as its emphasis on “providing job opportunities in the private sector and supporting small and medium enterprises.”
Production Activity
Fadel believes that the productive private sector has been subjected to great neglect as a result of opening the door wide to imports, which made the productive institution gradually diminish and the capital shifts from productive to commercial for the ease and speed of making profits, noting that this matter greatly damaged the productive activity and exacerbated the levels of unemployment and poverty. , pointing out that the other factor that negatively affected the Iraqi economy is the dependence on oil revenues, and the transformation of the economy into a fully rentier one.
Solutions And Suggestions
The expert, Fadel, pointed out that the solutions to reviving the national economy lie in the return of the private sector to exercise its natural role, which will contribute to achieving great economic results, especially in providing foreign currency and absorbing part of unemployment, thus becoming a partner of the government in implementing its policies. Economic and developmental.
Fadel called for providing an attractive investment environment in the fields of agriculture, manufacturing, oil products industry and tourism, and working to simplify procedures in opening offices and establishing companies. year.
Morphological System
The speaker also stipulated the development of the banking system to facilitate the circulation of money and the transfer of profits, improve banking services and electronic transfers to the private sector, and activate strict laws and procedures to protect the local product from the cheap importer, control import operations, and protect the consumer, pointing at the same time to the importance of providing liquidity to projects with government support guarantees. Through tax and customs exemption for a limited period as a kind of support for these projects.
Fadel urged the harm of supporting small and medium-sized enterprises with soft loans, amending labor laws, medium and long-term investment and facilitating the procedures for their establishment, as well as applying the method of government partnership with the private sector in managing large productive projects as well as projects servicing. LINK
Signs Of A "Bad" Relationship Between Iraq And UNESCO
Monday 20 December 2021 230 Baghdad: Omar Abdul Latif
Signs of a "bad" relationship between Iraq and the United Nations Educational, Scientific and Cultural Organization "UNESCO" are looming on the horizon, and may lead to the withdrawal of Iraqi sites that were previously inscribed on the World Heritage List.
The Ministry of Environment, through the Director of the Marshes Department and the Sustainable Management of Natural Ecosystems, Dr. Najla Al-Waeli, warned against withdrawing the Al-Hawizeh Marsh site from the World Heritage List, after it was included in 2016 with three other marshes, and the archaeological areas nearby.
Al-Waeli added in an interview with Al-Sabah, that "this decision is due to the drought that affected the Al-Hawizeh Marsh due to the lack of water as a result of cutting off nutrients from it, while we want the lowest water level that can preserve the biological diversity in it."
And she indicated that "Iraq cannot join international conventions and then abandon them after that, as it has projects funded by international organizations after those areas entered the World Heritage List," noting "the need for a solution after the climate change that Iraq suffers from, including The southern regions and the marshes, by finding alternatives to the water that reaches them, as there is a village north of Hawr al-Hawiza, we can invest sewage in it by entering it in two stages of filtration and then pushing it into the marshes.”
In addition, the environmental expert, Ahmed Saleh Nehme, admitted that “Iraq is on the cusp of a (bad) relationship with (UNESCO) after the recent warnings and notifications sent to it.”
Nima told Al-Sabah: "Iraq lost large areas of land due to lack of water, in addition to the fact that the central marshes in Maysan Governorate (Al-Awda, Al-Battat, Al-Sahin, Al-Sikl, Al-Khums) completely dried up 9 months ago."
He added that "what is left of the marshes is al-Hawizeh, which Iraq committed itself to providing the minimum amount of water for it after its entry into the World Heritage List, but what it reaches at the present time is less than 12 cubic meters per second," and stressed that "Iraq wastes large amounts of water. Water goes to the sea, and billions have been spent on many projects without implementing a single project to conserve or desalinate that water, as happens in the Gulf states.”
The environmental expert warned that "the (UNESCO) signals towards Iraq may not be good after the warnings and notifications recently sent to it to preserve the areas that were included on the international list as nature reserves." LINK
Al-Kazemi Discusses German Support In Electricity And Investment
Monday 20 December 2021 237 Baghdad: morning Iraq continues its attempts to solve the electricity crisis and meet the growing domestic need by relying on foreign expertise, as Prime Minister Mustafa Al-Kazemi and the new German ambassador to Iraq Martin Jeig discussed, on Sunday, bilateral cooperation in the security, economic, and investment fields, especially in the field of electric energy and alternative energy. .
A statement by the Prime Minister's Media Office stated that "the bilateral relations between the two countries were discussed, and joint cooperation between Baghdad and Berlin in various fields was discussed, and ways to develop it to serve the interests of the two friendly peoples."
He added that "the meeting also witnessed a review of bilateral cooperation in the security, economic, and investment fields, especially in the field of electric energy and alternative energy." LINK
Oil Minister: Iraq Needs Real Solutions To Address The Problem Of The Single Economy
Political 04:49 - 20/12/2021 Baghdad - Mawazine News Oil Minister Ihsan Abdul-Jabbar Ismail confirmed, on Monday, that the future of energy in Iraq is promising with its great capabilities, despite the economic and health challenges and the fluctuations of the global oil market, pointing to the importance of establishing an integrated state for the energy industry in the country that includes all sectors.
According to a statement by the ministry, Mawazine News received a copy of it, that the minister, in a speech he delivered at the “Ministerial Forum for Future Energy Prospects,” organized by the Ministerial Council for Energy and in the presence of the ministers of oil, finance and water resources, and a number of undersecretaries, advisors, general managers, and the President of the Military Defense University, said that Iraq It is proceeding to implement serious and important plans aimed at increasing production and optimal investment of energy in order to achieve sustainable economic development, in addition to implementing Iraq's commitments regarding reducing emissions and global warming.
He added that Iraq needs in the coming years an increase in the production of electric power commensurate with the increase in the population growth rate that Iraq witnesses annually, pointing to the importance of securing and monitoring the financial budgets necessary to implement energy production projects to cover the need and local consumption.
Ismail indicated that Iraq has made remarkable progress regarding gas investment, and there are discussions and negotiations with international companies to develop gas fields in the country in addition to the national effort, stressing government support for gas investment projects and the transition to clean energy, noting that Iraq has concluded many electricity production contracts in order to invest energy. Solar, as well as signing other contracts to meet the local need for electric energy.
The Minister valued the fruitful presence of the ministers and their visions and proposals for the future energy prospects for Iraq, praising the role of the media office and those responsible for preparing and organizing the forum, stressing the importance of repeating such events that would spread a culture of dialogue and integration to develop the energy industry in the country.
For his part, Finance Minister Ali Abdul-Amir Allawi said that there are economic challenges that the country is going through. Because of the uncertainty of expectations regarding oil prices, noting that Iraq depends in its federal budgets on the revenues that are achieved from sales of crude oil.
He added that the global outlook for the future of energy is the tendency to adopt new, new options that do not depend primarily on fossil fuels.
For his part, Minister of Water Resources, Mahdi Rashid, touched on Iraq's trends to benefit from water energy in the production of electricity through the implementation of hydroelectric projects, noting that Iraq has plans to establish a number of water dams despite the challenges of Iraq's water resources due to the low shares of water flowing from countries neighbourhood.
The former Oil Minister, Thamer Al-Ghadhban, presented a working paper on the future prospects for the Iraqi energy sector, in which he referred to the priorities for developing the gas sector, stressing the importance of the provisions for developing the discovered gas fields and reservoirs and expediting their development and production, despite the challenges of the present and the future. clean.
While the advisor of the Ministry of Oil for Energy Affairs, Abdul Baqi Khalaf, stressed during the working paper he presented at the forum on a road map towards sustainable energy transformation and the need to adopt the uses of renewable energy, represented by solar energy, wind energy and nuclear energy due to its environmental and economic importance, noting that Iraq has many obligations towards the international community. Through his pledges made at climate and energy-related conferences, projects that would reduce gas emissions and preserve the environment and climate must be implemented.
For his part, the advisor to the Minister of Electricity, Abdul Hamza Hadi, presented a working paper on the prospects and challenges of the electric power sector in Iraq and the importance of implementing projects to increase production and community awareness regarding rationalization of use and consumption.
Also, during the forum, a report was presented on the oil markets, opportunities and challenges on the short and long terms, prepared by Muhammad Saadoun from the Oil Marketing Company.
https://www.mawazin.net/Details.aspx?jimare=179085
Omicron Lowers Oil Prices By More Than 3%
Monday 20 December 2021 09:35 | economic Number of readings: 258
Baghdad / NINA / - Oil prices fell more than 3 percent today, Monday, as the rise in cases of the Omicron mutant in Europe and the United States led to investor fears that new restrictions on companies to combat its spread may harm demand for fuel.
Brent crude futures fell $2.21, or 3.01%, to $71.32 a barrel, while US West Texas Intermediate crude futures fell $2.47, or 3.50%, to $68.36 a barrel.
The Netherlands went into lockdown on Sunday, and the prospect of more COVID-19 restrictions looming before the Christmas and New Year holidays looms over many European countries.
While US health officials urged citizens to get booster doses, wear masks and be careful if they travel during the winter holidays, the Omicron type has spread worldwide. / finished8
https://ninanews.com/Website/News/Details?key=945818
Joint Operations Announce The Complete Withdrawal Of Us Forces From Ain Al-Assad
December 20, 2021 3:24 PM Baghdad/National News Center Today, Monday, the Joint Operations Command announced that the American combat forces have completed their complete withdrawal from Ain Al-Assad base in Anbar Governorate.
Operations spokesman Tahsin al-Khafaji said in a press statement, "The American forces have completely completed their withdrawal from the Ain al-Assad base, and only the advisers are left, and these are only advisors."
He added, "As for the Al-Harir base, a special security delegation will go to this base during the next few days to follow up on the process of withdrawing US combat forces from there."
He pointed out that the official announcement of the withdrawal of all US combat forces from Iraq, on December 31. https://nnciraq.com/110208/
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