More Iraqi News Monday PM 12-14-20

More Iraqi News Monday PM 12-14-20

TLM724 Administrator BondLady’s Corner

Democratic Party: The Application Of Article 140 Is The Only Solution To The Problems Of Kirkuk And The Disputed Areas

Political| 04:59 - 12/14/2020   Baghdad - Mawazine News   , head of the parliamentary bloc of the Kurdistan Democratic Party, Vian Sabri, stressed the need to resolve the security file in the Kirkuk governorate, noting that there is a trend by the Shiite and Sunni Arabs to cancel Article 140, but the Kurds insist on implementing it, as it is the only solution for residents of the disputed areas.

Sabri said in a television interview, "The committee formed by the second deputy speaker of the House of Representatives is tasked with looking into the situation of some villages in Kirkuk, such as Balkana and others, which are subject to a campaign of Arabization in a" different way, "as well as other attacks such as burning the crops of Kurdish farmers while they are carrying Official documents prove their ownership of these lands. "

And she believed that the fundamental solution for the residents of the disputed areas is the application of Article 140, noting that "the current governor of Kirkuk is also not neutral and defends the Arabs coming to the region."

And she indicated, "Article 140, which was supposed to solve all issues in the Kirkuk region, but until now there has been no political will on this issue by the federal government."

And she stressed the need to find an agreement between the Kurdistan Regional Government and the federal government with regard to Kirkuk, such as the agreement they reached on Sinjar.

It believed that the implementation of the security file will have positive effects on the situation in Kirkuk. It is represented by three stages. The first, according to Sabri, is that a local police force will be present in Kirkuk, while the second stage is the removal of all "military groups" in Kirkuk outside the governorate, and the third stage is the formation of joint forces. By the Iraqi army and the Peshmerga outside Kirkuk.

On the amendment of Article 140 of the Iraqi Constitution , Sabri said that during the last meeting , which was on the subject of Article 140 , we have seen that there is a tendency by Arab Shiites and Sunnis to cancel this article, which is important and necessary material to return the rights to their people. "

She explained that the Federal Court approved about This article is still in effect, stressing that “failure to implement it does not mean its end.”

Sabri indicated that the United Nations also always stresses the need to implement Article (140), and there is a statement by the Security Council confirming that implementing this article will lead to the stability of the region, stressing However, "we as Kurds are insistent that implementing it is a fundamental solution for the residents of the disputed areas, including Kirkuk."     https://www.mawazin.net/Details.aspx?jimare=134170

Representative Economics Offers Solutions To The Economic Crisis

Economie| 08:51 - 12/14/2020   BAGHDAD - Mawazine News  The Parliamentary Economic and Investment Committee proposed a set of reforms to get out of the economic crisis that the country is currently going through, as well as how to maximize budget resources.

"The committee has put in place real reforms through its regular meetings on how to maximize government revenues in the next year 2021 budget, and how to get out of the financial crisis that the country is going through," said Riyadh Al-Tamimi, a member of the committee.

He added that "there are several methods, including those related to the Ministry of Industry, participation contracts and their benefits and the amounts that will be supplied to the budget, in addition to investment, border outlets, currency auctions, and tax and customs deductions," noting that "the government to this day is unable to collect the amounts of taxes and customs ".

Al-Tamimi stressed that "the government's control over the border crossings can only be through electronic governance in order to preserve its revenues," noting that "70 percent of the ports' revenues are stolen through false invoices."     https://www.mawazin.net/Details.aspx?jimare=134088

The Central Bank Invites Exchange Companies In The Kurdistan Region: Get Work Licenses

Political| 03:32 - 12/14/2020   Baghdad - Mawazine News  The Central Bank of Iraq called, on Monday, exchange companies in the Kurdistan region to obtain work licenses.

The bank said in a statement that Mawazine News received a copy of, that “companies that broker the sale and purchase of foreign currencies in the (Kurdistan region) who wish to obtain a work license and register them as a banking company licensed by this bank, based on the Companies Law No. (21) of 1997 Amended, and Central Bank Law No. (56) of 2004. "

He added, "Obtaining the license entails advantages that are commensurate with the size of the category in which the company falls into the categories (A, B, C) classified by this bank."

He explained, "The companies wishing to register in category A must have a capital of no less than five billion dinars, while the companies of category B will have the capital of a single company not less than two billion and 500 million dinars, while companies represented by category C must not be less than the capital One company for 500 million dinars. "   https://www.mawazin.net/Details.aspx?jimare=134159

The Financial Securities Commission Begins Its Economic Reform Program By Motivating The Investor

Articles   Samir Al-Nasiri  With an excellent initiative of the Securities Commission with its new administration, the work of the (Investor Day) conference, which was held under the auspices of the General Secretariat of the Council of Ministers, was concluded in Baghdad. In the presence of the Deputy Secretary General of the Council of Ministers, Dr. Farhad Neama Allah Hussein, Mr. Adnan Darjal, Minister of Youth and Sports, and a number of investors and experts in this field.

The holding of the conference coincides with the government's interest and its continuous work despite all the difficult circumstances that accompanied past and current governments to enhance the attractive environment for capital, by issuing a package of decisions and instructions that contributed to facilitating the work of investment projects and investors, in line with what the Prime Minister presented in his government program And his serious reform vision in the white paper, which aims to provide full support to investors in order to complete their projects according to the established timelines, to activate the investment sector, improve its environment, overcome investor problems, challenges and all obstacles, to expand a good environment for foreign investors.

Also, to continue coordination with the Securities Commission and with the various authorities concerned in this matter, based on the government's belief in supporting the private sector and investment, because of its impact on improving the economic reality and reducing unemployment rates among the youth.

The holding of the conference comes in accordance with the Securities Commission’s program to launch the custodian system in Iraq during the next year, diversifying financial instruments and providing protection for investors in a way that serves the national economy and encourages capital building in addition to the country's need to stimulate trading in securities and establish new joint stock companies.

We hope that the Securities Commission, with its new administration, will be able to follow up the implementation of the conference’s recommendations, in a way that will contribute to achieving one of the goals of economic reform.

* An economic and banking advisor     Number of observations 191 Date added: 12/14/2020

https://economy-news.net/content.php?id=23123

Parliamentary Finance Suggests Adjusting The Price Of Oil In The Budget To $ 49

Money  and business  Economy News _ Baghdad  On Monday, the Parliamentary Finance Committee suggested changes to the draft general budget law for 2021 and to amend the calculation of oil prices.

Committee member Abdul Hadi Al-Saadawi said in a press interview, "The recovery of oil prices, which reached $ 50, will contribute to reducing the fiscal deficit in the general budget for the year 2021, after the value of the deficit was estimated at 50% of the total amount of the budget."

He added that "the government considers it necessary to raise oil prices in the general budget commensurate with the current price of oil on world markets," pointing out that "the budget was previously prepared by the finance at a price of $ 41 per barrel."

Al-Saadawi said, "The government raises oil prices in the budget law from 41 to 49 dollars," noting that "there is no specific date for approving the budget law in the Council of Ministers."

Number of observations 129 Date of addendum 12/14/2020   https://economy-news.net/content.php?id=23127

Parliamentary Finance: The 2021 Budget Will Secure The Salaries Of Employees For A Full Year

Money  and business   Economy News _ Baghdad   The Parliamentary Finance Committee announced, on Monday, that employees' salaries will be secured for the next year in 2021.

Committee member Jamal Cougar said in an interview with Al-Asbah newspaper and followed by Al-Eqtisad News, that "the general budget for 2021 will secure all employees' salaries within a whole year," noting that "there are three issues that delayed voting on the budget law and sending it to Parliament, the first percentage of deficit." Big and work to reduce them. "

He added that "the second issue is waiting for an agreement between Baghdad and Erbil on financial dues and revenue delivery by the region," noting that "the third issue is political consensus on the budget law to ensure its passage in parliament.

The Parliamentary Finance Committee confirmed, earlier, its intention to include more than 250,000 job degrees in the next year's budget, while indicating that the budget will include dues for Resolution 315.

Number of observations 127 Date of addendum 12/14/2020    https://economy-news.net/content.php?id=23131

The Integrity Commission Announces That The National Anti-Corruption Strategy Has Been Completed

Money  and business  Economy News – Baghdad   The head of the Integrity Commission, Alaa Jawad Hamid, said that the procedures for the implementation of the National Anti-Corruption Strategy and the National Integrity Index for the next four years have been completed.

Hamid added, during a central celebration on the occasion of the International Anti-Corruption Day sponsored by the Prime Minister, Mustafa Al-Kazemi, that "the percentage of the taxpayers who disclose their financial liabilities in the three authorities has risen to an unprecedented rate compared to previous years, as that percentage of ministers in the current government has reached 100%." And the percentage of disclosure by members of the House of Representatives is close to it, according to a statement by the Integrity Commission.

He explained that "the past year witnessed several accomplishments at the deterrent investigative level that resulted in the commission being able to return and prevent the waste of nearly 3 trillion Iraqi dinars, as well as the completion of 9805 criminal cases and the issuance of 12,254 arrest and summoning orders, and 64 of them were arrested against ministers and of their rank, confirming the implementation of 583 operations." 37 billion dinars were seized and 1,044 accused were seized. "

On the level of legislation, “the president of the commission appreciated the parliament’s cooperation with the commission in its endeavor to complete the legislative and legislative system that addresses corruption,” noting “the approval of the First Amendment Law of the Integrity and Graft Commission Law No. 30 of 2011, as amended, as well as the issuance of the First Amendment Law of the Redemption Fund Law.

Iraq Funds No. (9) for the year 2012, pointing out that the issuance of this law encouraged collaborators and informants to recover Iraq’s funds, and grant broader powers to manage the fund.

Hamid called for "the concerted efforts of everyone to ensure the success of the tasks of the National Commission aimed at reducing corruption paths and preserving public money, calling on partners to take their role in overcoming the difficulties that hinder the success of their tasks and the tasks of other parties by contributing to the recovery of money and convicts residing outside Iraq." .

He stressed that this “requires exceptional steps, and deliberate and coordinated procedures, in order to succeed in the mission of the Iraq Fund for Refund,” pointing out that “he sensed the existence of sincere intentions for the success of this mission at home, especially from the three authorities; Al-Khair in the coming days, and hopes that its efforts will be crowned by the cooperation of external parties with it in the field of recovery files.

Number of observations 143 Date of addendum 12/14/2020    https://economy-news.net/content.php?id=23132

High Oil Prices

Time: 12/14/2020 12:44:22 Read: 4,316 times   {International: Al Furat News} Oil prices witnessed, on Monday, a new high, to cross the $ 50 barrier at a time when gold prices recorded a decline after the arrival of the first shipment of Corona vaccines to the United States.

Today (December 14, 2020) Brent crude increased by 1.7%, to record $ 50.61 a barrel, while the American mediator rose 1.03% to $ 47.15.

At the same time, gold prices fell with the rise of high-risk assets due to the start of the use of the Covid-19 vaccine, which cast a shadow over hopes for more financial and monetary stimulus in the United States.

The spot price of gold fell 0.3% to $ 1833.21 an ounce, while US gold futures contracts also fell 0.3% to $ 1838.10.

On Sunday, the first shipments of the Coronavirus vaccine began from Pfizer and Biontech in the United States, which raised Asian stocks. But gold losses were capped by reports of a $ 908 billion rescue plan that could be approved today after a senior Democratic lawmaker said his party might be ready to compromise.  LINK

Representative Economy: 70% Of The Ports' Revenues Are Stolen In This Way

Pratha News Agency117 2020-12-14   The Parliamentary Economic and Investment Committee proposed a set of reforms to get out of the economic crisis that the country is currently going through, while it revealed that 70% of the outlets' revenues were stolen through false invoices.

"The committee has put in place real reforms through its periodic meetings on how to maximize government revenues in the next year 2021 budget, and how to get out of the financial crisis that the country is going through," said Riad Al-Tamimi, a member of the committee.

Al-Tamimi added, "There are several methods, including those related to the Ministry of Industry, participation contracts and their benefits and the sums that will be supplied to the budget, in addition to investment, border outlets, currency auctions, and tax and customs deductions," noting that "the government to this day is unable to obtain amounts Taxes and customs ».

He stressed, "The government's control over the border outlets can only be done through electronic governance in order to preserve its revenues," noting that "70 percent of the ports' revenues are stolen through false invoices." http://burathanews.com/arabic/economic/382408

During His Meeting With The Representative Of The United Nations For The Population .. Al-Kaabi: The Delay In Conducting The Census Is Caused By Some Political Will, And We Support It As Soon As Possible

12/14/2020  Mr. Hassan Karim Al Kaabi, First Deputy Speaker of Parliament, received in his office today, Monday, December 14, 2020, the Resident Representative of the United Nations Population Fund in Iraq, Mrs. Rita Colombia, and in the presence of the Chairman of the Parliamentary Youth and Sports Committee Mr. Abbas Aliwi and the advisors.

Al-Kaabi said that the House of Representatives, in its current session, works with United Nations organizations and any international organization, as a true partner, and we initiated the activation of many decisions, agreements and memoranda of understanding with the government and the concerned authorities, as we believe that these organizations are able to achieve development goals that the government may not be able to achieve, especially since Iraq desperately needs more expertise.

His Excellency stated that the delay in completing some steps, especially the population census, was not due to the lack of capacity or other reasons, but rather to opposition to some political will that saw its interests be harmed by the implementation of the census, and here this delay resulted in major imbalances that could have been overcome if accurate statistics and data were available. He expressed his keenness to speed up the implementation of the census in cooperation with the United Nations and any other relevant bodies.

During the meeting, several files related to activating the decisions of the Nairobi conference to achieve the goals of sustainable development presented by the Iraqi delegation at the aforementioned conference in 2019, and joint work with the Iraqi parliament to implement the general population census and prepare for the visit of the regional director of the United Nations Population Fund to Baghdad at the beginning of next year.

It was also agreed to organize a workshop under the auspices of the House of Representatives on the importance of the population census and the importance of conducting it as soon as possible, as well as focusing on supporting and empowering youth and paying attention to centers that specialize in youth, as well as programs for reducing domestic violence, empowering women and caring for children.

The Media Office of the  First Deputy Speaker of Parliament  14/12/2020   LINK

Al-Haddad confirms that the region has shown its full readiness to implement its constitutional obligations towards the federal government, and negotiations are continuing between the two sides

12/14/2020  Within the framework of the round of meetings and negotiations held by the Kurdish delegation headed by the deputy head of the regional government, Mr. Qubad Talabani, with the federal government, the Vice President of the Iraqi Parliament, Dr. Bashir Khalil Al-Haddad stressed the importance of intensifying discussions and dialogues in order to resolve issues and issues in order to reach common understandings and convergence of visions about the outstanding issues He overcame differences at this difficult stage, which requires everyone to make more efforts, efforts and joint cooperation.

Al-Haddad indicated in this statement, saying: “The negotiations are continuing so far, and the two parties are very close to the agreement and mutual understanding. We hope to reach practical solutions within the framework of a fair agreement between Erbil and Baghdad that is in the supreme national interest, and the two parties are obligated to implement its provisions.”

His Excellency added that the region showed its full readiness to implement its constitutional obligations towards the federal government, in exchange for the latter's respect for all its legal and constitutional obligations towards the region.

The Media Office of the Deputy Speaker of the Iraqi Parliament, Monday, December 14, 2020   LINK

In The Presence Of SOMO, The Delegation Of The Region Meets With The Ministers Of Finance And Oil

Time: 12/13/2020 13:41:37 Read: 2,379 times   {Baghdad: Al Furat News} The delegation of the Kurdistan region, headed by the deputy head of the regional government, Qubad Talabani, will hold a meeting this afternoon, Sunday, with the ministers of finance and oil, in the presence of the National Oil Company {SOMO} for the purpose of determining the establishment of oil exported from the region and determining the amounts of non-oil revenues in implementation of the law Financing the fiscal deficit approved by the House of Representatives.

Talabani's spokesman, Samir Hawrami, said in a press statement: The meeting came as a result of the session held yesterday, in the presence of the two prime ministers and the parliament, with the two delegations negotiating to reach a solution between the two parties.

Hawrami added, "The establishment of oil exported from the Kurdistan region and the total non-oil imports will be determined, and then the region’s share will be determined in accordance with the provisions of the law on financing the fiscal deficit approved by the House of Representatives."   LINK

The Kurdistan Delegation Meets With The Ministers Of Finance And Oil To Determine The Amount Of Exported Oil

Money  and business  Economy News – Baghdad  The Kurdistan Region delegation will meet, later today, Sunday, with the Iraqi Ministers of Finance and Oil in the presence of SOMO to determine the value of oil exported from the region and determine the amounts of non-oil revenues.

Samir Hawrami, spokesperson for the Deputy Prime Minister of the Kurdistan Region, Qubad Talabani, said that the Kurdistan Region delegation will hold a meeting this afternoon, with the Ministers of Finance and Oil, in the presence of SOMO for the purpose of determining the amount of oil exported from the region and determining the amounts of non-oil revenues in implementation of the financial deficit financing law. It was approved by the Iraqi Council of Representatives.

He added that the meeting came as a result of the session held yesterday, in the presence of the two prime ministers and parliament, with the two negotiating delegations to reach a solution formula between the two parties.

During the meeting, the amount of oil exported from the Kurdistan Region and the total non-oil imports will be determined, and then the region’s share will be determined according to the law on financing the fiscal deficit approved by the Iraqi Parliament, according to Hawrami.

Yesterday, Saturday, the Iraqi Prime Minister, Mustafa Al-Kazemi, and the Speaker of the Iraqi Parliament, Muhammad Al-Halbousi, discussed with the negotiating delegation for the Kurdistan Region headed by the Deputy Prime Minister of the region, Qubad Talabani, the mechanisms for implementing the fiscal deficit law "in a manner that takes into account justice in the distribution of financial allocations to all regions of Iraq." .

Number of observations 85 Date of addendum 12/13/2020   https://economy-news.net/content.php?id=23114

 

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